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South Harz Potash Ltd
(Sydney:SHP)
South Harz Potash Ltd (SHP) vs. iShares MSCI Australia ETF (EWA)
South Harz Potash Ltd Business Overview & Revenue Model
South Harz Potash 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 |
| -40.89K | -40.26K | -33.16K | -3.69K | -575.00 | -745.00 | EBIT |
| ― | -9.08M | -8.64M | -11.87M | -1.99M | -1.88M | EBITDA |
| ― | -9.08M | -8.61M | -11.87M | -2.25M | -1.92M | Net Income Common Stockholders |
| ― | -9.15M | -8.66M | -11.86M | -2.00M | -1.92M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 649.06K | 253.63K | 2.27M | 6.60M | 8.24M | 142.07K | Total Assets |
| 2.93M | 2.58M | 4.73M | 9.19M | 11.59M | 3.53M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -566.81K | -253.63K | -2.27M | -6.60M | -8.24M | -142.07K | Total Liabilities |
| 1.88M | 2.09M | 1.34M | 940.44K | 345.57K | 369.92K | Stockholders Equity |
| 1.05M | 485.82K | 3.39M | 8.25M | 11.25M | 3.16M |
| Cash Flow | Free Cash Flow | ||||
| ― | -8.21M | -7.93M | -11.46M | -2.10M | -1.75M | Operating Cash Flow |
| ― | -8.21M | -7.81M | -11.43M | -1.99M | -1.42M | Investing Cash Flow |
| 0.00 | 0.00 | -121.58K | -27.47K | -101.53K | -338.43K | Financing Cash Flow |
| ― | 5.59M | 2.81M | 9.89M | 10.11M | 1.21M |
South Harz Potash Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
51 Neutral | $2.03B | -1.27 | -21.09% | 3.98% | 2.91% | -30.50% | |
29 Underperform | AU$3.31M | ― | -296.02% | ― | ― | 63.35% | |
| $818.66M | ― | -1.42% | ― | ― | ― | ||
| €32.05M | ― | -17.89% | ― | ― | ― | ||
| €17.17M | ― | -88.41% | ― | ― | ― | ||
| AU$12.83M | ― | -251.41% | ― | ― | ― | ||
36 Underperform | $50.79M | ― | ― | ― | ― |
South Harz Potash Ltd Corporate Events
South Harz Potash Ltd has engaged Cutfield Freeman & Co to explore funding pathways and strategic partnerships for its Ohmgebirge Potash Development. The company has extended its exclusivity period for the acquisition of the Sollstedt mine property and secured additional capital to support its strategic initiatives. These efforts are part of South Harz’s strategy to enhance its market position by unlocking additional value from its potash projects and pursuing low-cost optimization in the current global market conditions.
South Harz Potash Ltd announced that all resolutions proposed at their general meeting on April 23, 2025, were approved by the necessary majority. The resolutions included the ratification of prior share issues and director participation in placements, indicating strong shareholder support for the company’s strategic initiatives.
South Harz Potash Ltd announced a correction regarding the location of its upcoming General Meeting of shareholders, originally misstated in a previous notice. The meeting will now take place on 23 April 2025 at Level 2, 79 Hay Street, Subiaco, WA 6008. This correction ensures stakeholders are accurately informed about the meeting details, reflecting the company’s commitment to transparent communication.
South Harz Potash Ltd has revised its December 2024 Quarterly Activities Report, correcting the cash balance to $566,808. The company is progressing with the acquisition of the Sollstedt mine and has raised approximately A$2.2 million in new equity. They are also working with Cutfield Freeman & Co to explore funding pathways for the Ohmgebirge project, aiming to advance it to the definitive feasibility stage. The company is strategically positioning itself in a strengthening potash market by reducing overheads and seeking strategic partnerships.
South Harz Potash Ltd has completed an initial placement of 29,850,000 new shares, raising A$298,500, and plans further share issues pending shareholder approval. The company is progressing with the acquisition of the Sollstedt mine property, extending exclusivity for negotiations until July 2025, which is expected to enhance its operational capabilities and reduce development costs.
South Harz Potash Ltd has announced the issuance of 29,850,000 fully paid ordinary shares, which will be quoted on the Australian Securities Exchange (ASX) under the code SHP. This move is part of a previously announced transaction and is expected to enhance the company’s capital structure, potentially impacting its market presence and offering new opportunities for stakeholders.
South Harz Potash Ltd has released a presentation regarding its brownfield potash project, emphasizing significant development growth optionality. The project represents a strategic initiative to strengthen the company’s position in the potash market, potentially impacting its operational capabilities and market competitiveness.
South Harz Potash Ltd has successfully raised A$500,000 in new equity through a placement of 50 million shares, priced at A$0.01 each, to sophisticated investors. The funds will support securing a strategic partner, finalizing the acquisition of the Sollstedt mine, investigating cost-saving measures for the Ohmgebirge Project, and covering general expenses. This capital raise underscores growing investor confidence in the company’s strategic advantages amid global geopolitical challenges.
South Harz Potash Ltd has announced a trading halt on its securities as it plans and executes a capital raising initiative. The halt will remain in place until the company releases further information or normal trading resumes on 19 February 2025, indicating a strategic move to bolster its financial position and potentially impact its market activities.