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Lincoln Minerals Limited
(Sydney:LML)
Lincoln Minerals Limited (LML) vs. iShares MSCI Australia ETF (EWA)
Lincoln Minerals Limited Business Overview & Revenue Model
Lincoln Minerals Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 601.72K | 601.72K | 0.00 | 0.00 | 5.46K | 55.01K |
| Gross Profit | 590.87K | 601.72K | -951.00 | -1.91K | 3.77K | 54.70K |
| EBITDA | -1.91M | -870.82K | -1.57M | -3.61M | -2.02M | -909.23K |
| Net Income | -2.28M | -2.28M | -2.69M | -3.61M | -2.03M | -744.64K |
Balance Sheet | ||||||
| Total Assets | 6.99M | 6.99M | 8.53M | 7.15M | 5.99M | 7.53M |
| Cash, Cash Equivalents and Short-Term Investments | 662.94K | 662.94K | 2.57M | 1.16M | 42.12K | 122.77K |
| Total Debt | 294.86K | 294.86K | 0.00 | 0.00 | 510.00K | 0.00 |
| Total Liabilities | 558.38K | 558.38K | 345.88K | 117.79K | 737.30K | 257.40K |
| Stockholders Equity | 6.43M | 6.43M | 8.19M | 7.04M | 5.25M | 7.28M |
Cash Flow | ||||||
| Free Cash Flow | -2.10M | -2.47M | -2.43M | -2.73M | -646.92K | -856.03K |
| Operating Cash Flow | -1.07M | -1.06M | -1.34M | -2.15M | -494.28K | -634.63K |
| Investing Cash Flow | -1.41M | -1.41M | -1.09M | -576.81K | -18.36K | -195.15K |
| Financing Cash Flow | 515.83K | 515.83K | 3.84M | 3.85M | 510.00K | 0.00 |
Lincoln Minerals Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
45 Neutral | AU$12.08M | -1.68 | -127.11% | ― | ― | 10.34% | |
45 Neutral | AU$16.07M | -6.82 | -6.61% | ― | ― | ― | |
45 Neutral | AU$14.22M | -5.29 | -14.33% | ― | ― | ― | |
45 Neutral | AU$11.24M | -5.86 | ― | ― | ― | 93.44% | |
42 Neutral | AU$38.87M | -13.64 | -31.20% | ― | ― | 26.67% |
Lincoln Minerals Limited Corporate Events
Lincoln Minerals Limited has announced a proposed issue of up to 3,725,000 ordinary fully paid shares via a placement or similar capital-raising mechanism, with an expected issue date of 7 January 2026. The move signals an intention to bolster the company’s capital base, potentially providing additional funding for its ongoing exploration and development activities and reinforcing its financial flexibility within the competitive resources sector, though specific use of proceeds was not disclosed.
Lincoln Minerals Limited has appointed Jake van der Hoek as Company Secretary, with immediate effect, replacing outgoing Chief Financial Officer and Company Secretary Andrew Metcalfe, who will assist with a smooth transition. Van der Hoek, a director at HLB Mann Judd with extensive experience in ASX-listed corporate governance and compliance, will also be responsible for communication with the ASX, and the company has aligned its registered office and principal place of business with HLB Mann Judd’s Dulwich, South Australia address, signalling a closer integration of corporate secretarial and administrative functions that may streamline regulatory and operational oversight.
Lincoln Minerals Limited has entered into a Memorandum of Understanding with Revera Energy to explore a joint venture for developing a direct reduced iron pellet plant on South Australia’s Eyre Peninsula. This collaboration aims to utilize green hydrogen from Revera’s Cape Hardy Green Hydrogen Project as an alternative fuel, potentially enhancing Lincoln’s market positioning by leveraging sustainable energy solutions and creating shareholder value without diverting focus from its Minbrie Copper Project.
Lincoln Minerals Limited announced a significant change in the shareholding of its director, Ryan Smith, with an acquisition of 2,211,616 ordinary shares and 10,000,000 options. This change, approved at the company’s recent AGM, reflects a strategic move to strengthen the director’s stake in the company, potentially impacting its governance and stakeholder confidence.
Lincoln Minerals Limited has issued 13,078,274 fully paid ordinary shares following shareholder approval at the 2025 Annual General Meeting. This share issuance, priced at $0.005 per share, was conducted without disclosure to investors under the Corporations Act, indicating a strategic move to raise capital and potentially enhance its market position.
Lincoln Minerals Limited has announced the issuance of 10 million unquoted director options as part of a previously disclosed transaction. This issuance, which will not be quoted on the ASX, reflects the company’s ongoing strategic initiatives to align management incentives with shareholder interests.
Lincoln Minerals Limited announced the results of its 2025 Annual General Meeting, with all resolutions being carried. Key resolutions included the re-election of director Mr. Ryan Smith, approval of a 10% placement facility, and the issuance of director shares and options in lieu of accrued fees. These approvals are expected to enhance the company’s governance and financial flexibility, potentially impacting its strategic operations and stakeholder relations positively.
Lincoln Minerals Limited has released its Annual General Meeting presentation, emphasizing its commitment to exploration and resource development. The presentation highlights the company’s strategic objectives and proposals, although it is not intended as an investment offer. The release underscores the company’s reliance on its competent personnel and adherence to the JORC Code for reporting exploration results. While forward-looking statements are included, the company cautions that actual outcomes may vary due to market conditions and other factors.
Lincoln Minerals Limited has announced the issuance of 12,000,000 CEO Performance Rights under an employee incentive scheme. These unquoted securities are subject to transfer restrictions and will not be quoted on the ASX until the restrictions are lifted, potentially impacting the company’s executive compensation strategy and aligning management interests with long-term shareholder value.
Lincoln Minerals Limited (LML) has responded to a price query from the Australian Securities Exchange (ASX) following a notable increase in the price and trading volume of its securities. The company stated that it is unaware of any undisclosed information that could explain the recent trading activity and confirmed its compliance with ASX listing rules.
Lincoln Minerals Limited has announced a change in venue for its 2025 Annual General Meeting, now scheduled to take place at the Wills Room, Collins Square in Docklands, VIC. The meeting will feature a presentation from the newly appointed CEO, Chris Wilcox, which will also be released on the ASX platform. This change and the CEO’s presentation may impact shareholder engagement and provide insights into the company’s future strategies.
Lincoln Minerals Limited has issued an addendum to its Notice of Annual General Meeting, scheduled for November 17, 2025, to include an additional resolution regarding the election of a director. The addendum introduces Resolution 14, which pertains to the election of Greg English, who was appointed to fill a casual vacancy, as a director. Shareholders are advised to use a replacement proxy form if they wish to change their votes or vote on the new resolution.
Lincoln Minerals Limited has identified significant potential for base metal mineralization at its Minbrie Copper-Base Metals Project on South Australia’s Eyre Peninsula, with mineralization open in all directions and two new high-priority drill targets identified. The company has raised $2.25 million to fund its critical minerals projects, including the drill-ready Minbrie project, positioning itself well to advance its exploration and development activities.
Lincoln Minerals Limited announced an amendment to the Initial Director’s Interest Notice for newly appointed Director Greg English. This amendment includes performance rights that were previously omitted due to an administrative oversight, highlighting the company’s commitment to transparency and accurate reporting.
Lincoln Minerals Limited has announced the appointment of Greg English as a director, effective October 20, 2025. English holds significant interests in the company through GDE Exploration (SA) Pty Ltd, including 4,000,000 ordinary shares and 2,000,000 listed options. This appointment may impact the company’s strategic direction and stakeholder interests, given English’s substantial involvement in the company’s securities.
Lincoln Minerals Limited has announced a proposed issue of securities, including 10 million director options and over 17.5 million ordinary fully paid shares, scheduled for issuance on November 18, 2025. This strategic move is aimed at raising capital, potentially enhancing the company’s financial position and supporting its ongoing projects, thereby strengthening its market position and offering potential benefits to its stakeholders.
Lincoln Minerals Limited announced the cessation of Julian Babarczy as a director, effective October 20, 2025. This change may impact the company’s strategic direction and stakeholder relations, as Babarczy held significant interests through Vaucluse Investment Holdings Pty Limited, including 320 million ordinary shares.
Lincoln Minerals Limited has announced a significant leadership restructuring to spearhead its next phase of growth. Chris Wilcox has been appointed as the new CEO, bringing extensive experience in exploration and business development, while Greg English joins as a Non-Executive Director and Chair, enhancing the company’s strategic and governance capabilities. These changes are expected to accelerate exploration and value creation across Lincoln’s mineral portfolio, positioning the company for future success.
Lincoln Minerals Limited has announced the quotation of 1,383 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective October 17, 2025. This move is part of the company’s strategy to enhance its capital structure by converting options or other convertible securities, potentially impacting its market positioning and providing opportunities for stakeholders.
Lincoln Minerals Limited has announced its Annual General Meeting, scheduled for 17 November 2025, where shareholders will discuss the company’s Annual Report and vote on the adoption of the Remuneration Report. The meeting will address key financial documents and provide a platform for shareholders to engage with the company’s strategic direction, impacting its operational and market positioning.
Lincoln Minerals Limited has announced the identification of two additional high-priority drill targets at its Minbrie Copper-Base Metals Project, indicating a large-scale, multi-metal sulphide system over a 7km strike. This development, supported by a recent $2.25M equity raise, positions Lincoln to commence its planned drilling program in November 2025, subject to final approvals, enhancing its prospects in the mining sector.
Lincoln Minerals Limited announced the application for quotation of 14,286 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its financial flexibility and potentially improve its market position, impacting stakeholders by possibly increasing the liquidity of its shares.