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Botala Energy Ltd.
(Sydney:BTE)
Botala Energy Ltd. (BTE) vs. iShares MSCI Australia ETF (EWA)
Botala Energy Ltd. Business Overview & Revenue Model
Botala Energy Ltd. Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -29.16K | -37.20K | -7.60K | 0.00 | 0.00 | 0.00 |
| EBITDA | ― | -1.50M | -805.00K | -1.10M | 60.00 | 38.00 |
| Net Income | -1.02B | -2.01B | -1.37M | -1.10M | -96.50K | -16.40M |
Balance Sheet | ||||||
| Total Assets | 20.69M | 18.06M | 14.34M | 15.57M | 2.89M | 756.74K |
| Cash, Cash Equivalents and Short-Term Investments | 1.40M | 443.39K | 1.87M | 5.83M | 635.88K | 157.94K |
| Total Debt | 660.45K | 619.50K | 585.28K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.72M | 1.54M | 1.06M | 933.76K | 438.58K | 25.28K |
| Stockholders Equity | 19.06M | 16.59M | 13.28M | 14.64M | 2.45M | 731.45K |
Cash Flow | ||||||
| Free Cash Flow | ― | -2.83M | -733.28K | 1.29M | -124.08K | -15.83K |
| Operating Cash Flow | ― | -2.21M | -732.05K | -364.64K | -124.08K | -15.83K |
| Investing Cash Flow | -320.20K | -2.86M | -2.77M | 91.89K | -471.11K | -605.50K |
| Financing Cash Flow | 2.85M | 3.65M | -455.06K | 5.46M | 1.07M | 739.93K |
Botala Energy Ltd. Technical Analysis
Botala Energy Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$15.54M | 10.38 | 22.25% | ― | 10.55% | 116.67% | |
70 Outperform | AU$87.39M | 9.26 | 13.84% | 16.00% | -16.65% | -46.22% | |
69 Neutral | AU$21.86M | 6.56 | 30.50% | ― | 15.59% | ― | |
67 Neutral | $16.55B | 16.99 | 4.47% | 3.56% | 4.76% | 6.17% | |
28 Underperform | AU$14.89M | ― | -14.50% | ― | ― | -6.61% | |
| $11.56M | ― | -157.90% | ― | ― | ― | ||
26 Underperform | AU$4.96M | ― | -32.27% | ― | ― | -26.37% |
Botala Energy Ltd. Corporate Events
Botala Energy Ltd has issued 8,220,339 fully paid ordinary shares without disclosure to investors under the Corporations Act. The company is in discussions regarding potential farm-in and offtake agreements, which are still under negotiation and not guaranteed to materialize, indicating a strategic move to enhance its market positioning.
Botala Energy Ltd has announced significant progress in its Serowe Gas Project, highlighting the potential for a large, continuous gas field by linking the Western and Eastern Flanks. The company has achieved operational independence by acquiring specialized drilling equipment, enabling low-cost drilling and positioning itself as a low-cost leader in regional CBM development. The Phase-1 LNG project is underpinned by certified gas volumes, with plans for commercial production by mid-2027. The strategic expansion and integration of exploration results are expected to enhance resource scale and deliver substantial long-term value, positioning Botala as a major gas supplier in Southern Africa.
Botala Energy Ltd has made significant strides in its Serowe CBM Project, securing a mining license and a major commercial customer, SCAW South Africa, for its LNG production. This partnership, along with strategic agreements with FFS Refiners and NOVO Energy, positions Botala as a key player in addressing Southern Africa’s impending gas shortage, with plans to commence LNG supply by 2027/2028.
Botala Energy Ltd has announced the quotation of 8,220,339 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective April 28, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s liquidity and market presence, which could have implications for its stakeholders.
Botala Energy Ltd has announced a proposed issue of 12,966,102 ordinary fully paid securities, with the issuance date set for August 29, 2025. This move is part of a placement or other type of issue, which could potentially impact the company’s capital structure and market positioning by increasing its financial resources.
Botala Energy Ltd has announced a proposed issue of 8,220,339 ordinary fully paid securities, scheduled for April 28, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s market operations and stakeholder interests by increasing the number of securities available for trading on the ASX.
Botala Energy Ltd has successfully secured firm commitments to raise A$1,250,000 through a placement of fully paid ordinary shares, priced at a discount of 11% to the last traded price. The funds will be directed towards ongoing flow-testing at Project Pitse, expanding exploration and appraisal programs, and advancing the Bankable Feasibility Study for LNG production. The company remains focused on transitioning from exploration to production, targeting commercial LNG production, and securing strategic development partners and additional offtake agreements.
Botala Energy Ltd has requested a trading halt on its securities on the ASX, pending the release of an announcement related to a proposed capital raising. The halt is intended to facilitate an orderly market and will remain in effect until the announcement is made or normal trading resumes on April 16, 2025.
Botala Energy Ltd has released an investor presentation highlighting its progress towards commercial production and revenue generation. The company acknowledges the high risks associated with petroleum exploration and development, emphasizing the speculative nature of its investments. Stakeholders are advised to conduct their own assessments and consult with advisers before making investment decisions.
Botala Energy Ltd announced an upcoming investor webinar where CEO Kris Martinick will discuss significant milestones, including a binding letter of intent for an LNG offtake agreement with SCAW South Africa and a mining license approval for commercial production. These developments signal a transformative year for Botala, potentially enhancing its operational capabilities and market positioning in the energy sector.
Botala Energy Ltd announced that all resolutions at their Extraordinary General Meeting were approved by poll. The resolutions included the approval of a sale agreement with Pure Hydrogen Corporation and the issuance of remaining tranche 2 consideration shares, indicating strong shareholder support for the company’s strategic decisions.
Botala Energy Ltd has made significant progress in its Serowe CBM Project, with a 42% increase in certified CBM resources and securing all necessary environmental approvals for development. The company successfully raised A$1.87 million to fund its Pilot Project Pitse, marking a key step towards commercial gas production. Advanced negotiations with major South African industrial gas users and agreements with Novo Energy and FFS Refiners are underway, supporting the economic viability of the project. The recent award of a Mining Licence and the commencement of a Bankable Feasibility Study further position Botala Energy for growth, with plans to secure project financing and initiate full project development in the coming year.
Botala Energy Ltd has been granted a Mining Licence for its Serowe CBM Project, marking a significant milestone that allows the company to transition from exploration to commercial production. This development provides Botala with exclusive rights to produce CBM gas for 10 years, with an option to extend for another 25 years, aligning with the increasing demand for natural gas in Southern Africa. The licence secures the final regulatory approval needed, enabling Botala to accelerate its development activities and position itself for early revenue generation.
Botala Energy Ltd announced the cessation of 18,707,000 options with an expiry date of February 28, 2025, due to the expiry of the option or other convertible security without exercise or conversion. This cessation of securities may impact the company’s capital structure and could influence investor perceptions regarding the company’s financial strategies and market positioning.
Botala Energy Ltd has announced the convening of an Extraordinary General Meeting (EGM) for its shareholders, set to be held physically on March 19, 2025, in West Perth, WA. The company highlights the importance of the meeting materials, which are available electronically to shareholders, and encourages proxy voting in advance of the meeting to ensure participation even if unable to attend. This move reflects the company’s efforts to maintain transparency and shareholder engagement while adapting to modern communication methods.