Breakdown | |||||
TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
212.82K | 270.82K | 201.42K | 60.13K | 78.75K | 53.89K | Gross Profit |
212.82K | 270.82K | 39.83K | -102.31K | -64.12K | 6.92K | EBIT |
-1.35M | -1.04M | -1.66M | -1.79M | -1.57M | -681.08K | EBITDA |
-1.44M | -1.11M | -1.35M | -2.62M | -1.36M | -350.69K | Net Income Common Stockholders |
-1.27M | -684.04K | -1.39M | -1.54M | -1.06M | -139.97K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
4.89M | 2.43M | 5.43M | 4.43M | 11.22M | 17.21M | Total Assets |
36.87M | 34.23M | 42.63M | 33.29M | 35.04M | 35.63M | Total Debt |
30.82K | 42.13K | 63.50K | 78.71K | 124.01K | 167.71K | Net Debt |
-4.86M | -2.38M | -5.37M | -4.35M | -11.10M | -17.04M | Total Liabilities |
1.40M | 1.57M | 9.21M | 3.71M | 4.05M | 3.77M | Stockholders Equity |
35.47M | 32.66M | 33.42M | 29.58M | 31.00M | 31.86M |
Cash Flow | Free Cash Flow | ||||
-2.41M | -2.98M | -4.14M | -6.74M | -5.94M | -1.84M | Operating Cash Flow |
-1.31M | -1.17M | -898.13K | -1.54M | -1.27M | -504.38K | Investing Cash Flow |
-1.09M | -1.81M | -3.24M | -5.20M | -4.67M | -1.34M | Financing Cash Flow |
3.52M | -21.38K | 5.14M | -45.30K | -46.70K | 19.05M |
Castile Resources Limited has completed the drilling of exploration hole 25P38D001, with core samples sent for analysis. The company is pioneering the use of Ambient Noise Tomography (ANT) as a novel targeting technique for identifying IOCG-like formations, in collaboration with Odyssey Geophysics. This innovative approach aims to improve the precision of exploration efforts by identifying promising drilling targets and avoiding less viable ones. Castile plans to expand the use of ANT technology across the Rover Mineral Field, aiming to conduct multiple surveys simultaneously to prioritize over 100 potential targets for drilling.
Castile Resources Ltd has reiterated its commitment to its previously announced projects and financial forecasts, confirming no material changes to its mineral resource estimates and ore reserves. The company continues to focus on its Rover 1 project, which has been awarded major project status, and has made significant optimizations to advance its bankable feasibility study. The inclusion of critical mineral bismuth in the Rover 1 project, amid rising prices, highlights Castile’s strategic positioning in the market.
Castile Resources Ltd has been invited by the Australian Government to participate in a Critical Minerals Supply Chain Forum in India, organized in response to China’s export bans on critical minerals. This forum, involving governments from Japan, India, South Korea, the USA, and Australia, aims to diversify global supply chains and secure stable off-takers for critical minerals. Castile’s Rover 1 Project, which will produce gold, copper, cobalt, bismuth, and magnetite, is strategically positioned to benefit from the current global environment, especially with the recent surge in bismuth prices due to China’s export restrictions. The company’s participation in the forum underscores its growing influence in the critical minerals market, with potential implications for securing funding and off-take agreements.
Castile Resources Ltd has announced the commencement of drilling at its Pathfinder 38 site in April 2025, following the detection of a significant anomaly using Ambient Noise Tomography (ANT) technology. This innovative approach allows for cost-effective surveying of over 100 previously untested targets, enhancing the company’s exploration capabilities. Additionally, the company is updating its Bankable Feasibility Study (BFS) for the Rover 1 Project, with a focus on leveraging the current high gold prices for financial modeling. The Northern Territory Government has also awarded a co-funding grant for the Pathfinder 38 drilling, and environmental impact assessments are underway to facilitate fast-track approvals for the Rover 1 site operations.
Castile Resources Ltd has released its half-year financial report for the period ending December 31, 2024. The report includes various financial statements and declarations, providing insights into the company’s financial performance and position. This release is crucial for stakeholders as it offers a comprehensive overview of the company’s financial health and operational efficiency during the specified period.
Castile Resources Ltd has reaffirmed that there are no material changes to its previously reported exploration results, mineral resources, and ore reserves, as well as the assumptions underpinning its Rover 1 Pre-Feasibility Study. The company maintains its strategic focus on advancing its projects and optimizing its operations, which is crucial for its market positioning and stakeholder confidence.
Castile Resources Limited, listed on the ASX under the ticker CST, announced that all resolutions proposed during their recent general meeting were approved by poll. The successful resolutions include a variety of matters such as the ratification and approval of prior and future issue of placement shares, and the adoption of an incentive performance rights and options plan. This indicates strong shareholder support for the company’s strategic plans, potentially influencing its future operations and market positioning.