Top Page
Kaiser Reef Ltd
(Sydney:KAU)
Kaiser Reef Ltd (KAU) vs. iShares MSCI Australia ETF (EWA)
Kaiser Reef Ltd Business Overview & Revenue Model
Kaiser Reef Ltd Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 23.74M | 30.71M | 22.80M | 5.09M | 0.00 |
| Gross Profit | -2.13M | 3.01M | -1.05M | -3.17M | -2.28K |
| EBITDA | -1.74M | 4.93M | 4.54M | -2.62M | -381.30K |
| Net Income | -5.53M | 1.17M | -2.26M | -11.81M | -382.80K |
Balance Sheet | |||||
| Total Assets | 30.24M | 32.30M | 29.57M | 26.57M | 5.49M |
| Cash, Cash Equivalents and Short-Term Investments | 1.11M | 3.23M | 6.58M | 4.79M | 4.03M |
| Total Debt | 599.82K | 543.37K | 267.84K | 281.33K | 17.79K |
| Total Liabilities | 6.14M | 7.08M | 6.76M | 6.39M | 127.19K |
| Stockholders Equity | 24.10M | 25.22M | 22.81M | 20.17M | 5.36M |
Cash Flow | |||||
| Free Cash Flow | -4.86M | -4.12M | -3.02M | -5.30M | -505.88K |
| Operating Cash Flow | 467.76K | 5.26M | 5.65M | -2.48M | -346.90K |
| Investing Cash Flow | -5.33M | -9.39M | -8.59M | -9.69M | -188.41K |
| Financing Cash Flow | 2.75M | 764.86K | 4.74M | 16.95M | 5.37M |
Kaiser Reef Ltd Technical Analysis
Kaiser Reef Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | AU$180.75M | 10.83 | -12.54% | ― | -10.63% | -168.50% | |
46 Neutral | AU$103.87M | ― | -30.39% | ― | -41.05% | -122.11% | |
44 Neutral | AU$1.54B | -7.54 | -18.84% | 4.39% | -2.92% | -37.74% | |
| ― | $79.94M | 16.67 | 3.37% | ― | ― | ― | |
| ― | €60.52M | ― | -6.76% | ― | ― | ― | |
| ― | €54.84M | 9.90 | 8.98% | ― | ― | ― | |
39 Underperform | AU$114.76M | ― | -4.42% | ― | ― | 6.83% |
Kaiser Reef Ltd Corporate Events
Kaiser Reef Ltd reported strong production from the Henty Gold Mine in its first full month of ownership, with contributions from the A1 Mine and third-party ore purchases. The company closed the June quarter with a robust cash position of $24.7 million, which grew to $30.7 million by the end of July, despite significant one-off costs related to the Henty acquisition. Kaiser implemented a Put Options strategy to secure a minimum gold price, aligning with its risk management objectives. The company is considering potential management initiatives such as dividends or share buybacks, though no decisions have been made.
Kaiser Reef Ltd has completed a transformative acquisition of the Henty Gold Mine, enhancing its position as a leading gold producer in Tasmania and Victoria. The acquisition, supported by a $20.9M capital raise and a $10M finance facility, has strengthened the company’s operational capabilities and financial standing, with a strong cash position of $24.7M. The integration of the Henty Gold Mine, which produced over 25,000 ounces of gold for the financial year, is expected to provide robust growth opportunities and positive cashflow, further solidifying Kaiser’s industry positioning.
Kaiser Reef Limited has reported a significant quarter marked by the acquisition of the Henty Gold Mine from Catalyst Metals Limited, which has been successfully integrated into its operations. This acquisition has transformed Kaiser into a company with three gold projects and two operational gold processing plants, contributing to its largest production quarter to date. The company produced a total of 4,069 ounces of gold from the Henty Gold Mine and 756.3 ounces from the Maldon Gold Mine, with the A1 Gold Mine still in development. This strategic expansion positions Kaiser strongly in the gold mining industry, enhancing its production capabilities and exploration potential.
Kaiser Reef Ltd has appointed Bradley Valiukas as Executive Director – Operations following the acquisition of the Henty Gold Mine. Valiukas brings 25 years of experience in mining operations and management, which is expected to strengthen Kaiser’s team as it aims to expand its production base and establish itself as a leading high-grade gold producer in Australia.
Kaiser Reef Limited has announced a successful first gold pour exceeding 1,200 ounces from its newly acquired Henty Gold Mine, marking a transformative step in its operations. This acquisition has elevated Kaiser to a 30,000 ounces per annum gold producer, enhancing its financial flexibility and operational capacity. The Henty Gold Mine, with its established production platform and significant infrastructure, is set to be Kaiser’s flagship asset, offering substantial opportunities for future exploration and development, thereby strengthening its market position.
Kaiser Reef Limited has announced a change in the substantial holding of Ragnar Metals Limited, which has experienced a dilution in its voting power from 10.25% to 5.63% due to a share issue. This change reflects a significant shift in the company’s shareholder structure, potentially impacting its governance and decision-making processes.
Catalyst Metals Limited has become a substantial holder in Kaiser Reef Limited, acquiring a 19.99% voting power through a share acquisition. This strategic move is part of a share sale agreement involving the acquisition of Unity Mining Pty Limited, indicating Catalyst’s significant interest in expanding its influence within the mining sector.
Kaiser Reef Limited has announced a change in the director’s interest, specifically regarding Steven Formica’s indirect holdings. Mr. Formica, through entities he controls, has acquired an additional 2,500,000 fully paid ordinary shares, increasing his total holdings to 7,500,000 shares. This acquisition was part of a Tranche 2 Placement, following shareholder approval at a recent General Meeting. The transaction, valued at $350,000, reflects strategic positioning within the company, potentially impacting its governance and shareholder dynamics.
Kaiser Reef Ltd has announced the issuance of 267,782,950 fully paid ordinary shares, which includes 149,133,075 Tranche 2 Placement Shares and 118,649,875 shares as part of the acquisition of the Henty Project. This move is in compliance with section 708A(5) of the Corporations Act 2001, allowing the shares to be sold without disclosure. The company is actively exploring commercial opportunities, including acquisitions and joint ventures, although discussions are in early stages and no agreements have been finalized.
Kaiser Reef Limited has announced the issuance of unquoted securities, specifically unlisted options, as part of a previously announced transaction. The issuance includes 17,806,385 unlisted options exercisable at $0.182 expiring in 2028, and 3,000,000 options exercisable at $0.20 expiring in 2027. This move is part of the company’s strategic financial maneuvers, potentially impacting its market positioning and offering stakeholders insight into its future financial strategies.
Kaiser Reef Limited has announced the application for the quotation of 267,782,950 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, potentially enhancing the company’s liquidity and market presence, which could have significant implications for its operational capacity and stakeholder interests.
Kaiser Reef Ltd has successfully completed the acquisition of the Henty Gold Mine from Catalyst Metals Limited, establishing itself as a multi-asset gold producer with a production capacity exceeding 30,000 ounces per annum. This acquisition not only strengthens Kaiser’s production base but also provides opportunities for near-mine exploration and operational improvements, supported by a strategic partnership with Catalyst, which now holds a 19.99% stake in Kaiser. The acquisition is expected to enhance Kaiser’s financial flexibility, allowing for further reinvestment and exploration in a favorable gold price environment.
At the General Meeting of Shareholders, Kaiser Reef Ltd announced that all resolutions presented were successfully passed on a poll. This outcome supports the company’s strategic initiatives, potentially strengthening its operational capabilities and market position within the gold production and exploration industry.