Price, volume & events
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- Last 2026-11-06
- A$0.023
- 1D
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- 1M
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- YTD
- —
- 1Y
- —
- Fair value
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- Mkt cap
- A$82.7M
- EV
- A$72.1M
- Cash
- A$20.6M
- Debt
- A$0
6 newer ASX announcements not yet reflected in this valuation
- Appendix 5B Cash Flow ReportLatest Four Cash Flow Reports
- Quarterly Activities ReportLatest Four Activities Reports
- Annual Report to shareholdersLatest Annual Report
- NWR Lunch Investor PresentationLatest Operating Presentation
- Notification regarding unquoted securities - SHNPost Cash Checkpoint Security Event
- Board and Management ChangesPost Annual Leadership Change
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Sign in or enter a guest codeAnnouncements
Latest 12 of 28All sources ▸- RC Drilling Commenced at Sybil Epithermal Gold ProjectOperations
- Application for quotation of securities - SHNFinancing
- Appendix 5B Cash Flow ReportResults
- Quarterly Activities ReportOperations
- Noosa Mining Investor PresentationPresentation
- Significant Upgrade to Liontown ResourceResource Update
- Mt Moss Acquisition Completed & Production Pathway AdvancedTransaction
- Notification regarding unquoted securities - SHNFinancing
- Application for quotation of securities - SHNFinancing
- Application for quotation of securities - SHNFinancing
- EQR Tenement Acquisition Supporting Mt Carbine Hub StrategyTransaction
- Application for quotation of securities - SHNFinancing
Event calendar · next 12 months
6 events| Timing | Event | Category | Confidence | Materiality | Investor relevance |
|---|---|---|---|---|---|
| Before mid-2027 commissioning | Mt Moss project financing and funding terms | Financing | Inferred | High | Debt versus equity terms determine dilution and executable project return. |
| September-October 2026 | Sybil Francis Creek and Blue Range drill results | Exploration | Company Guided | Medium | Results could establish geological continuity or undermine the exploration option. |
| October 2026 | Commencement of Liontown base-metal mining study | Study | Company Guided | Medium | A credible study could convert copper-zinc-lead Resource optionality into an economic case. |
| October-November 2026 | Mt Moss gold-circuit construction commencement | Construction Or Commissioning | Company Guided | High | Construction award and cost will test the remaining A$30m funding requirement. |
| June 2027 quarter | First Liontown gold processing at Mt Moss | Production | Company Guided | High | Commissioning and first recovered metal are the decisive commercial conversion gate. |
| 11 April 2027 | Mt Moss deferred vendor payment | Economic Arrangement | Confirmed | High | The secured A$10m payment competes with plant construction cash. |
Executive roster
As of 2026-09-26Background checks ▸The 2025 statutory accounts identify the managing director and company secretary, both repeated in the 8 September 2026 release. The 2026 annual accounts could not be opened and no complete current senior management roster was established.
| Executive | Title | Normalized role | Appointed | Sources |
|---|---|---|---|---|
| Dr Damien Keys | Managing Director | Executive Director · Chief Executive | — | Full Year Statutory Accounts · Refurbishment on Track - Mt Moss |
| Shaun Menezes | Company Secretary | Company Secretary | — | Full Year Statutory Accounts · Refurbishment on Track - Mt Moss |
devCoverage status: Partial
Portfolio detail
Assets
Core asset
Ravenswood Consolidated Project
Australia
Scoping Study Developer100% ownedGoldSilverCopperZincLead
Liontown gold and polymetallic development complex; September 2026 updated scoping study assumes Mt Moss processing and targets first gold in mid-2027. No Ore Reserve is established.
Project location
Approximate location
Loading imagery…
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Published study economicsIssuer or study metrics
Initial capexA$4.6MPublished capital estimate
Operating cost2,741AUD/oz Au AISC
Initial capexA$5.5MPublished capital estimate
Operating cost2,579AUD/oz Au AISC
Issuer-reported maximum cash drawdown and AISC; the study reported undiscounted net operating cash flow rather than NPV or IRR.
Issuer reports A$5.5m maximum Liontown cash drawdown, A$56m life-of-mine capital and A$179.8m undiscounted cash flow after Liontown capital; no NPV or reserve. Separate Mt Moss build funding is about A$30m.
Resources & reserves2
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | Measured, Indicated and Inferred aggregate; recoverable AuEq | 8.4M tonnes | 3.47 g/t AuEq; underlying 1.3 g/t Au, 28 g/t Ag, 0.8% Cu, 4.7% Zn and 1.5% Pb | Gold · Silver · Copper · Zinc · Lead | 2026-07-15 |
| Mineral Resource | Measured, Indicated and Inferred subset of the Ravenswood total | 1M tonnes | 3.75 g/t Au and 29.9 g/t Ag | Gold · Silver | 2026-07-15 |
Tenements3
Milestones2
- Publish updated Liontown Gold Mining Study
Achieved · High materiality
- Commence processing Liontown gold ore at Mt Moss
Pending · High materiality
Permits & approvals1
| Permit | Jurisdiction | Status | Expiry | Critical path |
|---|---|---|---|---|
| Liontown mining lease applications | Queensland | Pending | — | Yes |
Economic studies2
| Study | Stage | Status | Date | Summary |
|---|---|---|---|---|
| Liontown Gold Mining Study | Scoping Study | Superseded | 2026-02-16 | Preliminary toll-treatment study based on an older Resource; reported A$162.7m net operating cash flow after all capital at A$6,500/oz gold and A$100/oz silver. |
| Updated Liontown Gold Mining Study | Scoping Study | Current | 2026-09-21 | 66-month preliminary plan, A$497.5m gross revenue and A$179.8m net operating cash flow after Liontown capital at A$6,500/oz gold and A$100/oz silver; A$30m Mt Moss funding is separately required. |
Core asset
Mt Moss Project and Processing Facility
Australia
Care And Maintenance100% ownedGoldCopperZincIron Ore
Acquired mill and tenements; magnetite plant decommissioned, detailed engineering and long-lead procurement advanced, with October-November 2026 construction and mid-2027 commissioning targeted.
Project location
Approximate location
Loading imagery…
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Published study economicsIssuer or study metrics
Initial capexA$30MPublished capital estimate
September study identifies approximately A$30m funding to finish Mt Moss refurbishment and working capital; April estimate was A$28.5m preliminary construction cost.
Tenements3
Milestones2
- Complete Mt Moss engineering and design works
Achieved · High materiality
- Commence refurbishment and gold-circuit construction
Pending · High materiality
Permits & approvals1
| Permit | Jurisdiction | Status | Expiry | Critical path |
|---|---|---|---|---|
| Final gold-processing permits | Queensland | Pending | — | Yes |
Material
Sybil Epithermal Gold Project
Australia
Discovery Drill Stage100% ownedGold
Early-stage high-grade epithermal gold project; a 72-hole RC program commenced on 3 August 2026.
Project location
Approximate location
Loading imagery…
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Tenements3
Milestones1
- Commence 72-hole Sybil RC drilling program
Achieved · High materiality
Other
Investigator Project
Australia
Early Explorer100% ownedCopper
Copper exploration tenure identified as non-core and intended for orderly divestment.
Tenements1
Other
Hodgkinson Project
Australia
Early Explorer100% ownedGoldTungsten
Binding A$250,000 conditional divestment to EQ Resources remained subject to approvals at the cutoff; legal ownership was retained pending completion.
Project location
Approximate location
Loading imagery…
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Tenements2
Milestones1
- Complete conditional Hodgkinson divestment
Pending · Medium materiality
Other
Lighthouse / Plateau Farm-In
Australia
Early Explorer0% ownedGoldSilver
Rockfire holds title; Sunshine was earning up to 75% under a three-year farm-in. The last local tenure table reports 0% beneficial interest and current vested interest was not verified.
Project location
Approximate location
Loading imagery…
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Tenements1
Funding, performance and ownership
Financials & Capital
Liquidity
Financial position
A$20.558m June-quarter cash supports near-term work, but the updated study identifies roughly A$30m to complete Mt Moss, plus A$5.5m peak Liontown cash drawdown and A$10m deferred acquisition consideration. The 2026 annual accounts were not accessible for a newer audited balance.
Capital structure
Ownership and dilution
- Ordinary shares
- 3.6B
- Fully diluted
- 3.9B
The 30 July quotation notice reports 3,595,929,012 ordinary shares and 265,186,044 unquoted options; fully diluted shares add every listed option one-for-one without assuming exercise proceeds. A later 20 August quotation notice and the 24 September annual accounts were listed but not extractable; the quantified denominator remains the latest verified 30 July notice and may understate subsequent small exercises.
Security classes8
| Class | Type | Quantity | Strike | Expiry |
|---|---|---|---|---|
| Options expiring 21 May 2027 at A$0.015 | Option | 96.8M | A$0.015 | 2027-05-21 |
| Options expiring 4 November 2028 at A$0.018 | Option | 35M | A$0.018 | 2028-11-04 |
| Options expiring 13 June 2028 at A$0.018 | Option | 32.2M | A$0.018 | 2028-06-13 |
| Options expiring 30 June 2027 at A$0.0225 | Option | 21.7M | A$0.022 | 2027-06-30 |
| Options expiring 7 July 2027 at A$0.0225 | Option | 20M | A$0.022 | 2027-07-07 |
| Options expiring 4 December 2027 at A$0.0165 | Option | 9.5M | A$0.016 | 2027-12-04 |
| Options expiring 26 June 2029 at A$0.0405 | Option | 35M | A$0.04 | 2029-06-26 |
| Options expiring 27 November 2026 at A$0.021 | Option | 15M | A$0.021 | 2026-11-27 |
KPI history
Operating metrics
Operating metric source table1
| Metric | Project | Period | Period type | Value | Status |
|---|---|---|---|---|---|
| Throughput | Mt Moss | Acquisition completion configuration | Point In Time | 300,000 tonnes/year nameplate grinding capacity | Reported |
Company guidance2
| Metric | Project | Period | Low | High | Status |
|---|---|---|---|---|---|
| First Liontown Gold Processing At Mt Moss | ravenswood | June 2027 quarter | — | — milestone | Current |
| Updated Liontown Gold Mining Study | ravenswood | September 2026 | — | — milestone | Achieved |
Capital history
Capital events
| Date | Event | Amount | Shares | Price | Status | Terms |
|---|---|---|---|---|---|---|
| 2026-06-26Ann. 2026-04-30 | Raising | A$19M | 703.7M | — | Completed | — |
| 2026-05-28Ann. 2026-04-30 | Raising | A$7.7M | 285M | — | Completed | — |
Contracts and ownership
Material economic arrangements These are deals that can affect sales, costs, funding or ownership. An arrangement marked “Included in valuation” may already be built into a project estimate or the bridge to shareholder value. A separate amount is shown only when one can be estimated; do not add it again.
The 2025 annual accounts and later local acquisition and quarterly releases establish these live terms. The 2026 annual accounts were inaccessible, so unreported amendments or completion events remain possible.
Vendor receives A$10m deferred cash and Sunshine bears existing rehabilitation obligations.
Other · Active- Counterparties
- Mt Moss Mining Pty Ltd
- Applies to
- Mt Moss Project and Processing Facility
- Economic direction
- Burden
- Period
- 2026-07-02 to 2027-04-11
- Key terms
- Deferred consideration: 10,000,000 AUD
Environmental rehabilitation liability: — AUD
How it affects our valuation
No valuation treatment is available for this arrangement.
A$7 per tonne vendor royalty applies to magnetite production; no magnetite output is in the gold plan.
Royalty · Active- Counterparties
- Mt Moss Mining Pty Ltd
- Applies to
- Mt Moss Project and Processing Facility · Iron Ore
- Economic direction
- Burden
- Period
- From 2026-07-02; no end date stated
- Key terms
- Magnetite royalty: 7 AUD/t
How it affects our valuation
No valuation treatment is available for this arrangement.
Vendor has a 1% NSR on gold produced after 300koz; no Sybil Resource or production plan exists.
Royalty · Active- Counterparties
- Sybil private vendor
- Applies to
- Sybil Epithermal Gold Project · Gold
- Economic direction
- Burden
- Period
- From 2025-06-23; no end date stated
- Key terms
- Net smelter royalty: 1 %
Production threshold: 300,000 oz Au
How it affects our valuation
No valuation treatment is available for this arrangement.
Sunshine may earn up to 75% of Lighthouse; title and remaining expenditure status are not verified at the cutoff.
Farm In · Conditional- Counterparties
- Rockfire Resources plc
- Applies to
- Lighthouse / Plateau Farm-In · Gold · Silver
- Economic direction
- Mixed
- Period
- From 2023-01-20; no end date stated
- Key terms
- Potential beneficial interest: 75 %
How it affects our valuation
No valuation treatment is available for this arrangement.
Conditional sale would transfer the Hodgkinson tenure and related royalty obligations; completion was not verified.
Other · Conditional- Counterparties
- EQ Resources Ltd
- Applies to
- Hodgkinson Project · Gold · Tungsten
- Economic direction
- Benefit
- Period
- From 2026-06-09; no end date stated
- Key terms
- Total sale consideration: 250,000 AUD
How it affects our valuation
No valuation treatment is available for this arrangement.
Intrinsic value
Valuation
Valuation
Bear, base and bull values, investment cases, project valuations and the equity bridge are available to subscribers.
Sign in or enter a guest codeResource-price transmission
Sensitivity lab
Sensitivity lab
How our fair value responds to commodity prices and other drivers is available to subscribers.
Sign in or enter a guest codePeople, delivery and responsibility
Management background checks
Deepened, cutoff-limited public-source review. Findings distinguish issuer-reported results, documented individual responsibilities, company-level adverse matters and unresolved evidence gaps. Search coverage is recorded by person and topic; it is not an exhaustive clearance check.
Decision-relevant facts
Material summary
Dr Damien Keys
Managing Director
EnvironmentIssuer Reported · High materiality
Historical Xanadu rehabilitation liability remains under review
Sunshine’s 31 December 2025 interim report records a $1.555m rehabilitation provision and a $114,000 security bond for historical Xanadu workings. The company says predecessor Nugold conducted mining before Sunshine’s 2002 acquisition, that the tenements were relinquished in 2009 and explored by third parties afterward, and that Sunshine disputes the scope and is reviewing which obligations stem from the acquisition versus later third-party activity. It cites a 2022 DMIRS calculator estimate of $357,000 but says consultant costing underpins the provision. At report date the legal and responsibility reviews were ongoing; no regulator or court decision allocating final liability was located. This is a material company exposure and not evidence of personal misconduct by Keys.
Role overlaps event; causation unproven · Keys is Managing Director during current disclosure and oversight of the company’s review; the report does not attribute the underlying historic disturbance or disputed liability to him personally.
Interim Financial Report 31 December 2025 · Note 7, Provision for rehabilitation, pp. 18-19
Evidence gaps · 4
- Full dated employment chronology, independently verified education and concurrent board interests were not established from the opened sources.
- The grouped adverse-topic search was preliminary; person-specific regulator, court, safety, environmental, insolvency, fraud and governance checks remain incomplete.
- The later FY2025 annual report PDF linked from the issuer site timed out when opened; latest appointment and roster continuity could not be confirmed from that document.
- Xanadu liability scope and allocation among Sunshine, Nugold and third-party activity remained under legal and regulatory review in the latest opened report (31 December 2025); no later resolution source was identified by cutoff.
Shaun Menezes
Company Secretary
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 3
- Full dated employment chronology, independently verified education and concurrent board interests were not established from the opened sources.
- The grouped adverse-topic search was preliminary; person-specific regulator, court, safety, environmental, insolvency, fraud and governance checks remain incomplete.
- The later FY2025 annual report PDF linked from the issuer site timed out when opened; latest appointment and roster continuity could not be confirmed from that document.
Company ownership
Investors & shareholders
Top registered shareholders
Register at 2024-08-22 · 1,587,644,808 issued shares
| # | Investor / registered holder | % issued shares | Shares held |
|---|---|---|---|
| 1 | 9.24% | 146,748,283 | |
| 2 | 3.99% | 63,311,688 | |
| 3 | 3.62% | 57,536,364 | |
| 4 | 3.40% | 54,000,000 | |
| 5 | 2.77% | 44,000,000 | |
| 6 | 2.74% | 43,491,515 | |
| 7 | 2.29% | 36,300,000 | |
| 8 | 1.99% | 31,666,667 | |
| 9 | 1.76% | 27,883,736 | |
| 10 | 1.72% | 27,357,948 | |
| 11 | 1.59% | 25,168,003 | |
| 12 | 1.26% | 20,000,000 | |
| 13 | 1.13% | 17,937,994 | |
| 14 | 1.01% | 16,062,244 | |
| 15 | 1.01% | 16,000,000 | |
| 16 | 0.94% | 15,000,000 | |
| 17 | 0.88% | 14,049,341 | |
| 18 | 0.88% | 13,928,889 | |
| 19 | 0.83% | 13,200,000 | |
| 20 | 0.76% | 12,000,000 |
Disclosed substantial holders
Latest reviewed disclosure for each holder or reporting group
| Investor / reported group | Disclosed holding | Holding at |
|---|---|---|
| 10.60%Voting power | 2026-05-08 | |
| 5.32%Voting power | 2026-06-26 |
Sources & review notesEvidence checked through 2026-10-09
Coverage and limitations
- The register lists registered accounts and does not identify all underlying beneficial owners.
- No later top-20 register was present in the local cache; this dated 2024 register is not a current ownership ranking. Later placements and substantial-holder filings may materially change holdings.
Sources
- Annual Report to shareholders
Sunshine Metals Limited / ASX · Published 2024-10-25 · Accessed 2026-10-09
Largest registered ordinary-share holder table and reported account quantities and percentages.
2024/2024-10-25_Annual Report to shareholders_7ea7349b486efd33.pdf; PDF page 72, ASX Additional Shareholder Information
- Becoming a substantial holder
Sunshine Metals Limited / ASX · Published 2026-06-26 · Accessed 2026-10-09
Initial substantial-holder disclosure by Antonio Torresan controlled entities.
2026/2026-06-26_Becoming a substantial holder_112bd02fc0d3c21d.pdf; PDF pages 1-2, Form 603 sections 1-3
- Change in substantial holding from LSX
Sunshine Metals Limited / ASX · Published 2026-05-11 · Accessed 2026-10-09
Lion Selection reports 111,111,112 placement shares and 10.6% voting power.
2026/2026-05-11_Change in substantial holding from LSX_9fe81970273f466f.pdf; PDF page 1, Form 604 sections 1-4
Disclosed activity
Insider transactions
Trading activity8 buys · 0 sells shownNet cash last 12 months A$190.0kShow chartHide chart
On-market buyPlacement / plan subscriptionSaleMarker size = cash valueGrant, exercise, expiry or transferBars: cash bought (up) and sold (down) per month
| Date | Person / account | Activity / security | Quantity | Cash consideration | Price | Holding after |
|---|---|---|---|---|---|---|
| 2026-06-26 | Fred WhiteBack Step Investments Pty Ltd
Details & evidence for Fred White on 2026-06-26Shares held through Back Step Investments Pty Ltd, White Family Investment S/F A/C. As disclosed: Participation in Placement Tranche Two; 3,703,704 shares acquired for $100,000.
director · Start not disclosed Back Step Investments Pty Ltd · Director, shareholder and beneficiary of Back Step Investments Pty Ltd Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | SubscriptionFully Paid Ordinary Shares | 3,703,704 | AUD 100,000.00 | AUD 0.027Calculated average | 6,925,926 |
| 2026-05-28 | Joanne Bergamin
Details & evidence for Joanne Bergamin on 2026-05-28As disclosed: Participation in Share Purchase Plan; 1,111,111 shares acquired for $30,000.
director · Start not disclosed Change of Director's Interest Notice ↗ | SubscriptionFully Paid Ordinary Shares | 1,111,111 | AUD 30,000.00 | AUD 0.027Calculated average | 1,211,111 |
| 2026-05-28 | Fred WhiteBack Step Investments Pty Ltd
Details & evidence for Fred White on 2026-05-28Held through Back Step Investments Pty Ltd, White Family Investment S/F A/C. As disclosed: Participation in Share Purchase Plan; 1,111,111 shares acquired for $30,000.
director · Start not disclosed Back Step Investments Pty Ltd · Director, shareholder and beneficiary of Back Step Investments Pty Ltd Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | SubscriptionFully Paid Ordinary Shares | 1,111,111 | AUD 30,000.00 | AUD 0.027Calculated average | 3,222,222 |
| 2026-05-28 | Alec Christopher Pismiris
Details & evidence for Alec Christopher Pismiris on 2026-05-28Form does not allocate cash between two registered accounts. As disclosed: Participation in Share Purchase Plan; combined 1,111,111 shares acquired across two named accounts.
director · Start not disclosed Pismiris Holdings Pty Ltd · Director/indirect interest through Pismiris Holdings Pty Ltd Lexcon Services Pty Ltd · Director/indirect interest through Lexcon Services Pty Ltd Change of Director's Interest Notice ↗ | SubscriptionFully Paid Ordinary Shares | 1,111,111 | AUD 30,000.00 | AUD 0.027Calculated average | — |
| 2025-11-04 | Joanne Bergamin
Details & evidence for Joanne Bergamin on 2025-11-04As disclosed: Issue of 4,000,000 incentive options exercisable at $0.018 expiring 4 November 2028.
director · Start not disclosed Change of Director's Interest Notices (x3) ↗ | GrantUnlisted Options | 4,000,000 | —Non Cash | — | — |
| 2025-11-04 | Damien Leslie KeysThe ADK Family A/C
Details & evidence for Damien Leslie Keys on 2025-11-04As disclosed: 12,500,000 shares for $75,000; allocated in Appendix 3Y.
director · Start not disclosed The ADK Family A/C · Trustee/beneficiary of ADK Family A/C Change of Director's Interest Notices (x3) ↗ | SubscriptionFully Paid Ordinary Shares | 1,250,000 | AUD 15,000.00 | AUD 0.012Calculated average | — |
| 2025-11-04 | Damien Leslie KeysThe ADK Family A/C
Details & evidence for Damien Leslie Keys on 2025-11-04As disclosed: Issue of 15,000,000 incentive options exercisable at $0.018 expiring 4 November 2028.
director · Start not disclosed The ADK Family A/C · Trustee/beneficiary of ADK Family A/C Change of Director's Interest Notices (x3) ↗ | GrantUnlisted Options | 15,000,000 | —Non Cash | — | — |
| 2025-11-04 | Alec Christopher Pismiris
Details & evidence for Alec Christopher Pismiris on 2025-11-04As disclosed: 2,000,000 shares for $24,000; allocated in Appendix 3Y.
director · Start not disclosed Pismiris Holdings Pty Ltd · Director/indirect interest through Pismiris Holdings Pty Ltd Lexcon Services Pty Ltd · Director/indirect interest through Lexcon Services Pty Ltd Change of Director's Interest Notices (x3) ↗ | SubscriptionFully Paid Ordinary Shares | 2,000,000 | AUD 24,000.00 | AUD 0.012Calculated average | — |
| 2025-11-04 | Alec Christopher Pismiris
Details & evidence for Alec Christopher Pismiris on 2025-11-04As disclosed: Issue of 8,000,000 incentive options exercisable at $0.018 expiring 4 November 2028.
director · Start not disclosed Pismiris Holdings Pty Ltd · Director/indirect interest through Pismiris Holdings Pty Ltd Lexcon Services Pty Ltd · Director/indirect interest through Lexcon Services Pty Ltd Change of Director's Interest Notices (x3) ↗ | GrantUnlisted Options | 8,000,000 | —Non Cash | — | — |
| 2025-09-30 | Damien Leslie KeysThe ADK Family A/C
Details & evidence for Damien Leslie Keys on 2025-09-30As disclosed: Lapse of 9,606,060 options unexercised, exercisable at $0.03 and expiring 30 September 2025.
director · Start not disclosed The ADK Family A/C · Trustee/beneficiary of ADK Family A/C Change of Director's Interest Notices (x3) ↗ | ExpiryOptions | 9,606,060 | —Non Cash | — | — |
| 2025-09-30 | Alec Christopher Pismiris
Details & evidence for Alec Christopher Pismiris on 2025-09-30As disclosed: Lapse of 8,000,000 options unexercised, exercisable at $0.03 and expiring 30 September 2025.
director · Start not disclosed Pismiris Holdings Pty Ltd · Director/indirect interest through Pismiris Holdings Pty Ltd Lexcon Services Pty Ltd · Director/indirect interest through Lexcon Services Pty Ltd Change of Director's Interest Notices (x3) ↗ | ExpiryOptions | 8,000,000 | —Non Cash | — | — |
| 2025-05-21 | Paul Ian ChapmanChapman Superannuation Fund A/C
Details & evidence for Paul Ian Chapman on 2025-05-21As disclosed: Issue of 6,666,667 fully paid ordinary shares for $40,000.
director · Start not disclosed Stone Poneys Nominees Pty Ltd · Trustee/holder through Stone Poneys Nominees Pty Ltd and Chapman Superannuation Fund Change of Director's Interest Notice ↗ | SubscriptionFully Paid Ordinary Shares | 6,666,667 | AUD 40,000.00 | AUD 0.006Calculated average | 64,758,031 |
| 2025-05-21 | Paul Ian ChapmanChapman Superannuation Fund A/C
Details & evidence for Paul Ian Chapman on 2025-05-21As disclosed: Issue of 2,222,222 options exercisable at $0.015, expiring 21 May 2027.
director · Start not disclosed Stone Poneys Nominees Pty Ltd · Trustee/holder through Stone Poneys Nominees Pty Ltd and Chapman Superannuation Fund Change of Director's Interest Notice ↗ | GrantUnlisted Options | 2,222,222 | —Non Cash | — | — |
| 2025-05-21 | Damien Leslie KeysThe ADK Family A/C
Details & evidence for Damien Leslie Keys on 2025-05-21As disclosed: Issue of 12,500,000 fully paid ordinary shares for $75,000.
director · Start not disclosed The ADK Family A/C · Trustee/beneficiary of ADK Family A/C Change of Director's Interest Notice ↗ | SubscriptionFully Paid Ordinary Shares | 12,500,000 | AUD 75,000.00 | AUD 0.006Calculated average | 48,800,000 |
| 2025-05-21 | Damien Leslie KeysThe ADK Family A/C
Details & evidence for Damien Leslie Keys on 2025-05-21As disclosed: Issue of 4,166,667 options exercisable at $0.015, expiring 21 May 2027.
director · Start not disclosed The ADK Family A/C · Trustee/beneficiary of ADK Family A/C Change of Director's Interest Notice ↗ | GrantUnlisted Options | 4,166,667 | —Non Cash | — | — |
Disclosed holding observations11 dated positions
Initial, final and threshold notices describe positions; these are not counted as purchases or sales.
| Holding at | Person / group | Type / security | Quantity | Percentage |
|---|---|---|---|---|
| 2026-10-01 | Philip Crutchfield
Details & evidence for Philip Crutchfield on 2026-10-01Exercisable at $0.015, expiring 21 May 2027; held via Iona Company Pty Ltd <Iona Family A/C>.
director · Start not disclosed P D Crutchfield Pty Ltd · Director/shareholder/beneficiary of P D Crutchfield Pty Ltd and Crutchfield Super Fund account Initial Director's Interest Notice ↗ | PositionUnlisted Options | 1,111,111 | — |
| 2026-10-01 | Philip Crutchfield
Details & evidence for Philip Crutchfield on 2026-10-01Held through P D Crutchfield Pty Ltd <Crutchfield Super Fund A/C>.
director · Start not disclosed P D Crutchfield Pty Ltd · Director/shareholder/beneficiary of P D Crutchfield Pty Ltd and Crutchfield Super Fund account Initial Director's Interest Notice ↗ | PositionFully Paid Ordinary Shares | 69,725,274 | — |
| 2026-06-26 | Fred White
Details & evidence for Fred White on 2026-06-26Back Step Investments Pty Ltd <White Family Investment S/F A/C>.
director · Start not disclosed Back Step Investments Pty Ltd · Director, shareholder and beneficiary of Back Step Investments Pty Ltd Change of Director's Interest Notice ↗ | PositionFully Paid Ordinary Shares | 6,925,926 | — |
| 2026-05-28 | Fred White
Details & evidence for Fred White on 2026-05-28Back Step Investments Pty Ltd <White Family Investment S/F A/C>.
director · Start not disclosed Back Step Investments Pty Ltd · Director, shareholder and beneficiary of Back Step Investments Pty Ltd Change of Director's Interest Notice ↗ | PositionFully Paid Ordinary Shares | 3,222,222 | — |
| 2026-05-28 | Joanne Bergamin
Details & evidence for Joanne Bergamin on 2026-05-28
director · Start not disclosed Change of Director's Interest Notice ↗ | PositionFully Paid Ordinary Shares | 1,211,111 | — |
| 2025-10-31 | Paul Ian Chapman
Details & evidence for Paul Ian Chapman on 2025-10-31Exercisable at $0.015, expiry 21 May 2027.
director · Start not disclosed Stone Poneys Nominees Pty Ltd · Trustee/holder through Stone Poneys Nominees Pty Ltd and Chapman Superannuation Fund Final Director's Interest Notice ↗ | FinalUnlisted Options | 2,222,222 | — |
| 2025-10-31 | Paul Ian Chapman
Details & evidence for Paul Ian Chapman on 2025-10-31Paul Chapman ceased to be a director on 31 October 2025.
director · Start not disclosed Stone Poneys Nominees Pty Ltd · Trustee/holder through Stone Poneys Nominees Pty Ltd and Chapman Superannuation Fund Final Director's Interest Notice ↗ | FinalFully Paid Ordinary Shares | 64,758,031 | — |
| 2025-08-31 | Antonio Alessio Torresan
Details & evidence for Antonio Alessio Torresan on 2025-08-31
director until 31 August 2025 · Start not disclosed Torresan Group · Sole director/shareholder of the Torresan Group reporting companies Final Director's Interest Notice ↗ | FinalFully Paid Ordinary Shares | 54,000,000 | — |
| 2025-08-31 | Antonio Alessio Torresan
Details & evidence for Antonio Alessio Torresan on 2025-08-31
director until 31 August 2025 · Start not disclosed Torresan Group · Sole director/shareholder of the Torresan Group reporting companies Final Director's Interest Notice ↗ | FinalFully Paid Ordinary Shares | 31,666,667 | — |
| 2025-08-31 | Leslie Brian Davis
Details & evidence for Leslie Brian Davis on 2025-08-31
director until 31 August 2025 · Start not disclosed Final Director's Interest Notice ↗ | FinalFully Paid Ordinary Shares | 1,500,000 | — |
| 2025-08-31 | Leslie Brian Davis
Details & evidence for Leslie Brian Davis on 2025-08-31
director until 31 August 2025 · Start not disclosed Final Director's Interest Notice ↗ | FinalFully Paid Ordinary Shares | 43,491,515 | — |
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Narrative and provenance
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Sign in or enter a guest codeChronological evidenceSource-document inventory32 documents
SHN verified ordinary-share close on 25 September 2026Market Data · HighExtracted
Latest eligible local close for one ASX SHN ordinary share, sourced from the local market database.
- Document ID
- market-shn-20260925
- Published UTC
- 2026-09-25T06:00:00Z
- Projects
- —
- Commodities
- —
Full Year Statutory Accounts (2026) — inaccessible sourceResults · HighMetadata Only
Annual accounts were listed on 24 September after close; original pages were not accessible, so no financial facts were extracted.
- Document ID
- asx-annual-20260924
- Published UTC
- 2026-09-24T07:34:00Z
- Projects
- —
- Commodities
- —
Updated Mining Study for Liontown Gold OperationStudy · HighExtracted
Updated preliminary Liontown study provides 66-month mining plan, 84% Measured and Indicated production target, new cash flow and cost estimates; Mt Moss remains a separately funded prerequisite.
- Document ID
- asx-liontown-study-20260921
- Published UTC
- 2026-09-20T22:39:00Z
- Projects
- ravenswood · mt-moss
- Commodities
- gold · silver
Refurbishment on Track - Mt MossOperations · HighExtracted
Issuer update reports magnetite plant decommissioning, engineering and procurement progress, October-November construction start and mid-2027 commissioning.
- Document ID
- asx-mtmoss-20260908
- Published UTC
- 2026-09-07T22:23:00Z
- Projects
- mt-moss · ravenswood
- Commodities
- gold
RC Drilling Commenced at Sybil Epithermal Gold ProjectOperations · HighExtracted
Primary operating update confirming commencement of the 72-hole Sybil RC drilling program.
- Document ID
- asx-6a1337015
- Published UTC
- 2026-08-02T23:33:19Z
- Projects
- sybil
- Commodities
- gold
Application for quotation of securities - SHNFinancing · MediumExtracted
ASX quotation application and post-issue capital structure.
- Document ID
- asx-6a1336372
- Published UTC
- 2026-07-30T08:54:31Z
- Projects
- —
- Commodities
- —
Appendix 5B Cash Flow ReportResults · HighExtracted
Quarterly cash flow, liquidity, facilities and runway statement.
- Document ID
- asx-6a1336266
- Published UTC
- 2026-07-29T23:55:14Z
- Projects
- —
- Commodities
- —
Quarterly Activities ReportOperations · HighExtracted
Quarterly operating, project, financing, cash and tenement update.
- Document ID
- asx-6a1336263
- Published UTC
- 2026-07-29T23:52:59Z
- Projects
- ravenswood · mt-moss · sybil
- Commodities
- gold · silver · copper · zinc · lead
Noosa Mining Investor PresentationPresentation · MediumExtracted
Investor presentation on Liontown, Mt Moss and Sybil development plans.
- Document ID
- asx-6a1334955
- Published UTC
- 2026-07-22T05:25:23Z
- Projects
- ravenswood · mt-moss · sybil
- Commodities
- gold · silver · copper · zinc · lead
Significant Upgrade to Liontown ResourceResource Update · HighExtracted
Updated Liontown and Ravenswood Mineral Resources plus metallurgical results.
- Document ID
- asx-6a1333910
- Published UTC
- 2026-07-14T22:43:14Z
- Projects
- ravenswood
- Commodities
- gold · silver · copper · zinc · lead
Mt Moss Acquisition Completed & Production Pathway AdvancedTransaction · HighExtracted
Primary filing covering mt moss acquisition completed & production pathway advanced and its disclosed terms.
- Document ID
- asx-6a1332124
- Published UTC
- 2026-07-01T22:58:19Z
- Projects
- mt-moss
- Commodities
- gold · silver · copper · zinc · lead
Notification regarding unquoted securities - SHNFinancing · MediumExtracted
ASX notice describing issue of unquoted securities.
- Document ID
- asx-6a1331129
- Published UTC
- 2026-06-25T23:46:27Z
- Projects
- —
- Commodities
- —
Application for quotation of securities - SHNFinancing · MediumExtracted
ASX quotation application and post-issue capital structure.
- Document ID
- asx-6a1331121
- Published UTC
- 2026-06-25T23:35:42Z
- Projects
- —
- Commodities
- —
Application for quotation of securities - SHNFinancing · MediumExtracted
ASX quotation application and post-issue capital structure.
- Document ID
- asx-6a1328786
- Published UTC
- 2026-06-09T07:40:54Z
- Projects
- —
- Commodities
- —
EQR Tenement Acquisition Supporting Mt Carbine Hub StrategyTransaction · HighExtracted
Primary filing covering eqr tenement acquisition supporting mt carbine hub strategy and its disclosed terms.
- Document ID
- asx-2a1676400
- Published UTC
- 2026-06-08T23:35:51Z
- Projects
- hodgkinson
- Commodities
- gold · tungsten
Application for quotation of securities - SHNFinancing · MediumExtracted
ASX quotation application and post-issue capital structure.
- Document ID
- asx-6a1327307
- Published UTC
- 2026-05-27T23:37:22Z
- Projects
- —
- Commodities
- —
Presentation - Mt Moss Acquisition and Growth PlanTransaction · HighExtracted
Primary filing covering presentation - mt moss acquisition and growth plan and its disclosed terms.
- Document ID
- asx-6a1323135
- Published UTC
- 2026-04-29T23:43:36Z
- Projects
- ravenswood · mt-moss · sybil
- Commodities
- gold · silver · copper · zinc · lead
Mt Moss Acquisition and Successful Capital RaisingFinancing · MediumExtracted
Primary filing covering mt moss acquisition and successful capital raising and its disclosed terms.
- Document ID
- asx-6a1323122
- Published UTC
- 2026-04-29T23:43:11Z
- Projects
- mt-moss
- Commodities
- gold · silver · copper · zinc · lead
Appendix 5B Cash Flow ReportResults · HighExtracted
Quarterly cash flow, liquidity, facilities and runway statement.
- Document ID
- asx-6a1322102
- Published UTC
- 2026-04-26T22:56:33Z
- Projects
- —
- Commodities
- —
Quarterly Activities ReportOperations · HighExtracted
Quarterly operating, project, financing, cash and tenement update.
- Document ID
- asx-6a1322096
- Published UTC
- 2026-04-26T22:54:18Z
- Projects
- ravenswood · mt-moss · sybil
- Commodities
- gold · silver · copper · zinc · lead
Interim Financial ReportResults · MediumExtracted
Half-year financial statements and corporate disclosures.
- Document ID
- asx-6a1315421
- Published UTC
- 2026-03-09T06:49:48Z
- Projects
- ravenswood
- Commodities
- —
Robust Mining Study for Liontown Gold OperationStudy · HighExtracted
Scoping-level Liontown gold mining study with production, cost, cash-flow and sensitivity assumptions.
- Document ID
- asx-6a1312110
- Published UTC
- 2026-02-15T21:43:43Z
- Projects
- ravenswood
- Commodities
- gold · silver · copper · zinc · lead
Appendix 5B Cash Flow ReportResults · HighExtracted
Quarterly cash flow, liquidity, facilities and runway statement.
- Document ID
- asx-6a1308454
- Published UTC
- 2026-01-26T22:11:43Z
- Projects
- —
- Commodities
- —
Quarterly Activities ReportOperations · HighExtracted
Quarterly operating, project, financing, cash and tenement update.
- Document ID
- asx-6a1308448
- Published UTC
- 2026-01-26T22:09:08Z
- Projects
- ravenswood · mt-moss · sybil
- Commodities
- gold · silver · copper · zinc · lead
Appendix 5B Cash Flow ReportResults · HighExtracted
Quarterly cash flow, liquidity, facilities and runway statement.
- Document ID
- asx-6a1293351
- Published UTC
- 2025-10-27T22:07:54Z
- Projects
- —
- Commodities
- —
Quarterly Activities ReportOperations · HighExtracted
Quarterly operating, project, financing, cash and tenement update.
- Document ID
- asx-6a1293347
- Published UTC
- 2025-10-27T22:03:44Z
- Projects
- ravenswood · mt-moss · sybil
- Commodities
- gold · silver · copper · zinc · lead
Full Year Statutory AccountsResults · MediumExtracted
Annual financial statements and corporate disclosures.
- Document ID
- asx-6a1281944
- Published UTC
- 2025-09-03T06:48:20Z
- Projects
- ravenswood
- Commodities
- —
Early Exercise of Sybil Option to Expedite DrillingOperations · MediumExtracted
Primary filing covering early exercise of sybil option to expedite drilling and its disclosed terms.
- Document ID
- asx-6a1269560
- Published UTC
- 2025-06-22T22:50:25Z
- Projects
- sybil
- Commodities
- gold
Sunshine to Acquire High-Grade Epithermal Gold ProjectTransaction · HighExtracted
Primary filing covering sunshine to acquire high-grade epithermal gold project and its disclosed terms.
- Document ID
- asx-6a1266078
- Published UTC
- 2025-05-26T22:28:18Z
- Projects
- —
- Commodities
- —
Completion of Acquisition of Triumph Gold ProjectTransaction · HighExtracted
Primary filing covering completion of acquisition of triumph gold project and its disclosed terms.
- Document ID
- asx-3a657589
- Published UTC
- 2024-12-05T21:32:46Z
- Projects
- —
- Commodities
- —
DTM:Agreement o Purchase Triumph Golf Project In QueenslandTransaction · HighExtracted
Primary filing covering dtm:agreement o purchase triumph golf project in queensland and its disclosed terms.
- Document ID
- asx-6a1222204
- Published UTC
- 2024-08-27T00:10:22Z
- Projects
- —
- Commodities
- —
Liontown Resource Update to Include 96 Additional HolesResource Update · HighExtracted
Primary filing covering liontown resource update to include 96 additional holes and its disclosed terms.
- Document ID
- asx-6a1166653
- Published UTC
- 2023-09-04T22:54:14Z
- Projects
- ravenswood
- Commodities
- gold · silver · copper · zinc · lead
Evidence facts57
3595929012 shares
2026-07-3096752710 options
2026-07-30265186044 options
2026-07-3020558000 AUD
2026-06-3011 quarters
2026-06-300 AUD
2026-06-301855000 AUD
2026-06-303595329012 shares
2026-06-3028500000 AUD
2026-06-3010000000 AUD
2026-06-30June 2027 quarter None
2026-06-30100 %
2026-07-02250000 AUD
2026-06-0918000000 AUD
2026-04-30300000 tonnes/year
2026-04-3019000000 AUD
2026-04-30125000 AUD
2025-06-23162700000 AUD
2026-02-1675227 oz Au
2026-02-16653967 oz Ag
2026-02-162741 AUD/oz Au
2026-02-166500 AUD/oz
2026-02-16100 AUD/oz
2026-02-1647 months
2026-02-168360000 tonnes
2026-07-153.47 g/t AuEq
2026-07-15931000 oz AuEq
2026-07-151017000 tonnes
2026-07-153.75 g/t Au
2026-07-15122700 oz Au
2026-07-1592.3 %
2026-07-150.036 AUD/share
2026-09-25842471 shares
2026-09-250.038 AUD/share
2026-09-076215290 shares
2026-09-070.042 AUD/share
2026-09-0814207314 shares
2026-09-080.039 AUD/share
2026-09-182800558 shares
2026-09-180.039 AUD/share
2026-09-213589455 shares
2026-09-21October-November 2026 None
2026-09-08mid-2027 None
2026-09-08advanced None
2026-09-08179800000 AUD
2026-09-21497500000 AUD
2026-09-2179541 oz Au
2026-09-21951732 oz Ag
2026-09-2166 months
2026-09-212579 AUD/oz Au
2026-09-2156000000 AUD
2026-09-2130000000 AUD
2026-09-215500000 AUD
2026-09-216500 AUD/oz
2026-09-21100 AUD/oz
2026-09-2112500000 AUD
2026-09-21plus or minus 30% None
2026-09-21