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R3D Resources Limited
(Sydney:TAT)
R3D Resources Limited (TAT) vs. iShares MSCI Australia ETF (EWA)
R3D Resources Limited Business Overview & Revenue Model
R3D Resources Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.40M | 3.40M | 1.76M | 8.80M | 10.49M | 196.50K |
| Gross Profit | -719.79K | -48.06K | 113.22K | 2.12M | 29.19K | 196.50K |
| EBITDA | -1.40M | -1.31M | -1.84M | -970.53K | -5.97M | -912.67K |
| Net Income | -2.62M | -2.62M | -2.59M | -1.43M | -6.35M | -885.15K |
Balance Sheet | ||||||
| Total Assets | 12.36M | 12.36M | 12.44M | 14.30M | 11.28M | 178.69K |
| Cash, Cash Equivalents and Short-Term Investments | 143.60K | 143.60K | 123.20K | 125.80K | 1.15M | 49.05K |
| Total Debt | 3.26M | 3.26M | 1.77M | 2.09M | 715.11K | 835.68K |
| Total Liabilities | 7.54M | 7.54M | 6.50M | 7.49M | 4.30M | 1.25M |
| Stockholders Equity | 4.82M | 4.82M | 5.94M | 6.80M | 6.98M | -891.89K |
Cash Flow | ||||||
| Free Cash Flow | -1.53M | -1.53M | -1.17M | -2.48M | -4.49M | -664.22K |
| Operating Cash Flow | -1.38M | -1.38M | 0.00 | 0.00 | 0.00 | 0.00 |
| Investing Cash Flow | -413.73K | -413.73K | -918.76K | -2.64M | -2.52M | 18.97K |
| Financing Cash Flow | 1.82M | 1.82M | 1.40M | 1.97M | 5.75M | 558.10K |
R3D Resources Limited Peers Comparison
R3D Resources Limited Corporate Events
Tartana Minerals Limited, an ASX-listed copper producer with additional focus on zinc and gold in Far North Queensland, is progressing the development of its mining leases and exploration portfolio to expand its resource base and enhance shareholder value. The company has issued 1,500,210 fully paid ordinary shares without a prospectus under the Corporations Act and has confirmed its ongoing compliance with financial reporting and continuous disclosure obligations, stating there is no undisclosed information that investors would reasonably require to assess the company or the rights attached to the new securities, thereby maintaining regulatory transparency around the share issuance.
The most recent analyst rating on (AU:TAT) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on R3D Resources Limited stock, see the AU:TAT Stock Forecast page.
Tartana Minerals Limited has announced that 31,996,950 options, each exercisable at A$0.10 and expiring on 31 December 2025, have lapsed unexercised, resulting in the cessation of these securities. The expiry of this large tranche of options modestly simplifies the company’s capital structure by removing a block of potential dilution for existing shareholders, though it also indicates that market conditions or the company’s share price did not support conversion before the deadline.
The most recent analyst rating on (AU:TAT) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on R3D Resources Limited stock, see the AU:TAT Stock Forecast page.
Tartana Minerals Limited has lodged an application with the ASX for quotation of 210 new fully paid ordinary shares, issued on 31 December 2025. The small share issue arises from the exercise or conversion of existing securities and represents a routine capital adjustment, with limited immediate impact on the company’s overall capital structure but demonstrating ongoing compliance with ASX listing requirements.
The most recent analyst rating on (AU:TAT) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on R3D Resources Limited stock, see the AU:TAT Stock Forecast page.
Tartana Minerals Limited has applied to the ASX for quotation of 1.5 million new ordinary fully paid shares, issued on 24 December 2025, following prior disclosure of the proposal in July 2025 and shareholder consideration at the 2025 AGM. The additional shares, once quoted, will expand the company’s listed equity base and may enhance liquidity in its stock, reflecting continued use of equity markets to support its operational and strategic funding needs.
Tartana Minerals Limited has completed a $1 million share placement, issuing 20 million fully paid ordinary shares without a prospectus under provisions of the Corporations Act. In its cleansing statement, the company confirmed it is compliant with financial reporting and continuous disclosure obligations and that there is no undisclosed information material to assessing its financial position, prospects or the rights attached to the new securities, providing regulatory clarity and comfort for investors regarding the new shares on issue.
Tartana Minerals Limited has received $1 million from a new investor under a previously announced $1.275 million equity placement, with the balance to come from director participation subject to shareholder approval in 2026, and notes that the placement price represents a premium to the company’s recent trading levels. The funds will be used in part to redeem $0.9 million of matured convertible notes, reducing net debt, while a large tranche of unlisted options is set to expire at year-end and nearly 6 million shares plus additional options will come out of voluntary escrow on 29 December, collectively reshaping the company’s capital structure and potentially affecting liquidity and ownership dynamics for investors.
Tartana Minerals Limited, listed on the ASX under the code TAT, operates in the minerals sector, though this announcement provides no additional detail on its specific projects or commodities. The company has notified the market that 90 TATAR convertible notes have ceased following their repayment or redemption without conversion on 22 December 2025, signaling a small reduction in its outstanding convertible debt and a minor simplification of its capital structure.
Tartana Minerals Limited has applied to the ASX for quotation of 20 million new fully paid ordinary shares under the code TAT, with an issue date of 22 December 2025. The new securities, which stem from transactions previously flagged to the market, will expand the company’s quoted share base and may enhance its capacity to fund ongoing activities and improve liquidity for investors, marking a modest but notable adjustment to its capital structure.
R3D Resources Limited, operating under the name Tartana Minerals Limited, is involved in the exploration and potential development of mineral resources, with a focus on copper and gold targets in Far North Queensland. The company has announced a delay in its planned drilling at the Beefwood prospect due to unfavorable weather conditions. The drilling, initially funded by a Queensland Government grant, has been postponed until the next extended dry season. The company has applied for a new round of government funding to support the drilling in 2026, demonstrating its commitment to exploring the promising copper-gold target.
Tartana Minerals Limited announced that all resolutions proposed at its 2025 Annual General Meeting were successfully passed. This includes various resolutions related to the election of directors, approval of convertible notes issuance, and issuance of performance rights, reflecting strong shareholder support and potentially enhancing the company’s operational capabilities and strategic initiatives.
Tartana Minerals Limited announced that its Managing Director, Stephen Bartrop, will present at the company’s Annual General Meeting, which will be live-streamed for interested parties. This presentation is part of Tartana’s ongoing efforts to communicate its strategic initiatives and progress in mining and exploration, which are crucial for its growth and positioning in the copper, zinc, and gold markets.
Tartana Minerals Limited is at a pivotal moment as it continues to develop its mineral assets in Far North Queensland, with a focus on copper, gold, silver, and zinc. The company has undergone restructuring and secured funding to advance its projects, aiming to become a self-funded, dividend-paying producer. The recent appointment of a new chairman and project manager, along with the commitment from directors in a new placement, underscores the company’s confidence in its growth strategy. Tartana is working towards proving up its mineral prospects and enhancing shareholder value, while maintaining strong community and stakeholder relationships.
Tartana Minerals Limited has announced a proposed issue of securities, including options and ordinary shares, to be quoted on the ASX. This move involves issuing 12,750,000 options exercisable at $0.10, expiring six months from their date of issue, and 25,500,000 options exercisable at $0.10, expiring two years from their date of issue, alongside 25,500,000 fully paid ordinary shares. The proposed issue date is November 26, 2025. This announcement signifies Tartana Minerals Limited’s strategic effort to raise capital, potentially enhancing its financial flexibility and market position.
Tartana Minerals Limited has secured firm commitments for a $1.275 million placement, with $1 million from a new investor and $0.275 million from director participation, subject to shareholder approval. The placement is priced at a 17% premium to the recent VWAP and will fund working capital, including the retirement of convertible note facilities. This financial move, alongside strategic financing initiatives, positions Tartana to accelerate the advancement of its core Chillagoe assets.
Tartana Minerals Limited has announced that its 2025 Annual General Meeting will be live-streamed, allowing interested parties to access the meeting online. However, online attendees will not be counted for quorum or voting purposes, indicating a focus on transparency and accessibility while maintaining formal meeting protocols.
Tartana Minerals Limited has announced a joint venture with Alt Resources PLC to explore and develop its Queensland Strategic Metals portfolio, which includes projects focused on tin, tungsten, antimony, and rare earth elements. The venture involves Tartana selling a 50% interest in the portfolio to Alt Resources for A$2 million in shares and an additional $500,000 in convertible notes for initial exploration activities. This partnership aims to accelerate exploration efforts, particularly at the Daisy Bell tin-tungsten project, and potentially increase the market value of these resources. The joint venture is expected to enhance Tartana’s operational capabilities and market positioning while fostering a stronger relationship with Alt Resources.
Tartana Minerals Limited announced its participation in the Noosa Mining Conference, where it will present its latest investor presentation. This event provides the company an opportunity to showcase its strategic initiatives and progress in copper production, potentially impacting its market positioning and stakeholder engagement.
Tartana Minerals Limited has signed a non-binding Letter of Intent with Alt Resources plc for a $5 million non-dilutive financing package to support its copper assets in North Queensland. This financing, divided into two tranches, will be used to optimize production processes, conduct drilling, and refurbish processing facilities. The agreement aligns Alt Resources’ returns with Tartana’s production and commodity prices, offering potential benefits if production exceeds expectations.
Tartana Minerals Limited announced the lapse of 2024 Performance Rights for directors Alistair Lewis, Stephen Bartrop, Michael Thirnbeck, and Kiara Wang, due to unmet share price performance conditions as of November 1, 2025. Additionally, Mat Hancock’s initial interest disclosure was made following his recent appointment as a director on October 29, 2025.
Tartana Minerals Limited reported significant progress in its quarterly activities, including an inferred mineral resource estimate at Cardross and preparations for drilling at the Beefwood copper-gold target. The company also announced board changes and ongoing discussions for a venture with Mt Garnet Mineral Finance Pty Ltd to refurbish the Mungana plant and develop copper resources. With copper prices rising, the project economics are favorable, and the development of gold resources at Cardross and Mountain Maid presents further opportunities for increased throughput at the Mungana plant.
Tartana Minerals Limited has announced that its 2025 Annual General Meeting will be held on November 26, 2025, in McMahons Point, NSW. This meeting is a significant event for shareholders as it provides an opportunity to discuss the company’s performance and future strategies, potentially impacting the company’s operations and stakeholder interests.
Tartana Minerals Limited has appointed Mr. Mathew Hancock as an Executive Director, effective immediately. Mr. Hancock, with extensive experience in mineral processing technology and operations, has played a crucial role in the refurbishment of the company’s copper production facilities. His appointment comes at a pivotal time as Tartana seeks to expand its operations to include processing primary copper resources and developing gold resources, positioning the company for future growth.
Tartana Minerals Limited has updated its announcement regarding exploration activities at its Muscleville prospect, revealing significant copper and gold mineralization that enhances future drill targets. The company has also entered into an agreement to acquire the Molloy Regional Project, which covers prospective ground near the historic Mount Molloy copper-zinc mine. This acquisition, involving the transfer of 10 million TAT shares, aims to expand Tartana’s resource base and strengthen its position in the mining industry.
Tartana Minerals Limited has reported promising copper and gold results from its Muscleville prospect, enhancing future drilling targets near its existing Tartana Copper Mine. Additionally, the company has agreed to acquire the Molloy Regional Project, which covers prospective ground near the historic Mount Molloy copper-zinc mine, for 10 million TAT shares, potentially expanding its resource base and exploration potential.