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Emu NL
(Sydney:EMU)
Emu NL (EMU) vs. iShares MSCI Australia ETF (EWA)
Emu NL Business Overview & Revenue Model
Emu NL Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 18.71K | 18.71K | 42.43K | 22.92K | 52.72K | 301.79K | Gross Profit |
| 18.71K | 18.71K | 27.53K | -10.76K | 27.00K | 287.61K | EBIT |
| -2.26M | -1.57M | -2.03M | -3.34M | -5.86M | -4.04M | EBITDA |
| -2.61M | -2.03M | -1.97M | -3.29M | -5.86M | -3.72M | Net Income Common Stockholders |
| -2.61M | -2.03M | -1.99M | -3.32M | -5.89M | -3.73M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 973.62K | 158.17K | 1.15M | 784.96K | 1.75M | 1.66M | Total Assets |
| 1.11M | 201.96K | 1.21M | 895.95K | 1.83M | 1.73M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -973.62K | -158.17K | -67.34K | -50.95K | -1.75M | -1.66M | Total Liabilities |
| 247.29K | 235.66K | 213.71K | 261.66K | 220.55K | 130.84K | Stockholders Equity |
| 862.94K | -33.69K | 996.93K | 634.29K | 1.61M | 1.59M |
| Cash Flow | Free Cash Flow | ||||
| -2.60M | -2.00M | -2.00M | -2.96M | -4.04M | -3.87M | Operating Cash Flow |
| -2.59M | -1.94M | -1.90M | -2.85M | -2.50M | -3.86M | Investing Cash Flow |
| -2.50K | -57.51K | -87.89K | -77.42K | -1.50M | -10.60K | Financing Cash Flow |
| 2.78M | 1.00M | 2.35M | 1.95M | 4.18M | 5.00M |
Emu NL Technical Analysis
Emu NL Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
51 Neutral | $2.02B | -1.19 | -21.37% | 3.64% | 2.88% | -30.57% | |
43 Neutral | AU$6.20M | ― | -103.26% | ― | -100.00% | 44.94% | |
35 Underperform | AU$3.80M | ― | -349.16% | ― | ― | 41.95% | |
| $45.40M | ― | -6.55% | ― | ― | ― | ||
28 Underperform | AU$7.62M | ― | -31.24% | ― | ― | 30.16% |
Emu NL Corporate Events
EMU NL has identified promising drill targets at its Yataga Copper Project, drawing parallels to Canada’s Highland Valley Copper mine, and is re-evaluating its Badja Gold Project amid record gold prices. The company is undergoing significant management restructuring, including the appointment of a new General Manager, and is addressing operational gaps following the CEO’s departure. Additionally, a shareholder request has led to an upcoming Extraordinary General Meeting to consider board changes, pending a decision from the Takeovers Panel.
Emu NL, a company listed on the Australian Securities Exchange under the ticker EMU, has submitted an application to review a decision made by the Takeovers Panel. The President of the Panel has approved the review application, but no review panel has been appointed yet, and no decision has been made regarding the proceedings. The announcement does not provide details on the merits of the application, leaving the potential impact on Emu NL’s operations and stakeholders uncertain.
Emu NL, a company involved in a board governance dispute, faced a decision from the Takeovers Panel regarding an application it submitted. The application alleged that certain shareholders were acting in concert to gain control of the board. However, the Panel declined to conduct proceedings, citing insufficient evidence to support the claims of unacceptable circumstances.
Emu NL, an Australian company listed on the ASX, has announced a further adjournment of its Extraordinary General Meeting (EGM), initially scheduled for March 18, 2025, now set for May 14, 2025. The postponement is due to the company’s pending application with the Takeovers Panel for a declaration of unacceptable circumstances and consequential remedial orders, which are necessary for the resolutions to be voted upon in the context of the panel’s determination.
Emu NL, a company listed on the Australian Securities Exchange, has announced the postponement of its extraordinary general meeting originally scheduled for April 16, 2025. The decision to adjourn the meeting by 28 days to May 14, 2025, was made as the company awaits a decision from the Takeovers Panel regarding its application for a declaration of unacceptable circumstances and remedial orders. This postponement allows the resolutions to be considered in light of the panel’s determination, potentially impacting the company’s governance and shareholder decisions.
Emu NL has submitted an application to the Takeovers Panel concerning an alleged association among shareholders ahead of a board spill meeting. The company claims that certain shareholders, who collectively hold more than 20% voting power, are acting in concert to gain majority control of the board without proper disclosure. Emu NL is seeking final orders to impose voting restrictions or require share disposals and corrective disclosure by the alleged associates.
EMU NL has appointed Adrian Griffin, a seasoned mining executive, to lead its exploration projects, particularly focusing on copper and gold. Griffin’s extensive experience is expected to enhance the company’s operations, especially at the Georgetown copper project and the Badja gold project. This strategic move is anticipated to strengthen EMU’s position in the mining industry and add value for shareholders by leveraging current assets and exploring new opportunities.
Emu NL announced a change in the director’s interest as Roland Dieter Bartsch acquired 175,000 fully paid ordinary shares valued at $5,950 through an on-market purchase. This acquisition reflects a potential increase in confidence in the company’s future prospects and may influence stakeholder perceptions regarding the company’s market positioning.
Emu NL has announced a change in the director’s interest notice, with Director Tim Sandeman Staermose acquiring an additional 100,000 fully paid ordinary shares through a market purchase. This acquisition increases his direct holdings to 735,476 fully paid ordinary shares. The transaction, valued at $3,000, reflects a strategic move by the director, potentially indicating confidence in the company’s future performance.
Emu NL, an entity listed on the Australian Securities Exchange (ASX), has announced the appointment of Mr. Roland Bartsch as a director, effective November 30, 2024. The company acknowledged a delay in lodging the required Appendix 3X form due to an administrative oversight, which was exacerbated by the festive season. Emu NL assures stakeholders that it is aware of its disclosure obligations and has policies in place to prevent such oversights in the future, emphasizing that this was an isolated incident.
Emu NL has announced the adjournment of its Extraordinary General Meeting, originally scheduled for today, to a new date of April 16, 2025. The meeting will take place at The Celtic Club in West Perth, with the decision made in accordance with the company’s constitution, potentially impacting stakeholders’ planning and participation.
Emu NL has announced the postponement of its Extraordinary General Meeting originally scheduled for March 18, 2025. The decision was made due to the immediate termination of Astrial Pty Ltd’s contract for CEO services, following breaches of contract, and an ongoing investigation into related unacceptable circumstances. The meeting has been rescheduled for April 16, 2025, allowing the company to better inform its shareholders about the situation.
Emu NL has announced the immediate termination of its contract with Astrial Pty Ltd, which provided the services of Douglas Grewar as CEO. The termination was due to recent discoveries of contract breaches, indicating significant operational changes and potential impacts on the company’s leadership and strategic direction.
Emu NL has released its interim financial report for the half-year ending December 31, 2024. The report is intended to be read in conjunction with the company’s annual report for the year ending June 30, 2024, and any public announcements made during the interim period, in compliance with the Corporations Act 2001.
Emu NL has announced the issuance of 1,222,222 fully paid ordinary shares without disclosure to investors under Part 6D.2 of the Corporations Act 2001. The company confirms compliance with relevant provisions of the Act and states there is no excluded information that would affect investors’ informed assessment of the company’s financial position or the rights attached to the securities.
Emu NL has announced the commissioning of new mining models for its Badja Gold Project, driven by record-high gold prices. The project, which includes the Gnows Nest and Monte Cristo areas, is now deemed more economically viable for mining rather than sale. The company is advancing its mining approval processes and exploring further resource potential, positioning itself for potential production within 12-18 months. The announcement underscores a strategic shift towards mining operations, with the potential for significant shareholder returns given the favorable market conditions.
Emu NL has announced significant progress in its Yataga Copper Project, with new geological, geophysical, and geochemical data confirming a large-scale mineralized system. The company plans to commence a maiden RC scout drilling program at the Fiery Creek and Yataga Valley prospects once the wet season concludes, aiming to define the extent of copper mineralization. The exploration efforts have identified multiple priority targets with high copper and silver content, suggesting potential for a substantial copper project. This development positions Emu NL to potentially enhance its standing in the mining sector, offering promising opportunities for stakeholders.
Emu NL announced the issuance of AGM-approved incentive options to directors Peter Thomas and Tim Staermose, which were not disclosed in a timely manner due to an administrative error. The company has acknowledged the oversight and has taken steps to improve its disclosure processes to prevent future occurrences, emphasizing its commitment to compliance with market disclosure obligations.
Emu NL has announced the issuance of 4,000,000 unquoted equity securities, specifically options expiring on October 31, 2025, with an exercise price of $0.0001. This move is likely aimed at strengthening the company’s financial position and providing more flexibility in its capital management strategies, potentially impacting its market standing and offering opportunities for stakeholders.
EMU NL presented information about their Yataga Copper Project, highlighting their exploration efforts in the precious and base metals sector. The presentation aims to inform stakeholders about the company’s current activities, although it does not constitute investment advice or an offer for securities transactions.
Emu NL has successfully earned an 80% interest in the Yataga Copper Project in Georgetown, North Queensland, by fulfilling its expenditure commitments as per the joint venture agreement with Rugby Mining Pty Ltd, which retains a 20% interest. This development positions Emu NL as the manager of the joint venture, potentially enhancing its capabilities and influence in the copper mining sector, which may have positive implications for its stakeholders.
The directors of Emu NL have urged shareholders to vote against resolutions proposed by a group of shareholders seeking to remove two current directors and appoint new ones. The board argues that the current leadership has a clear strategy to grow the company into a significant mineral resources entity and questions the motivations of the requisitioning shareholders, who have a relatively small stake and brief tenure with the company. Additionally, the board emphasizes that the requisitioning shareholders have not presented a superior plan for the company, and the proposed new directors lack the necessary experience to lead Emu NL effectively.