Adavale Resources Ltd (add) Logo

Adavale Resources Ltd (ADD)

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52 WEEK RANGE

ADD Chart

ADD's Principal Activity is the mining explorations and development in Australia and Africa.

Share Price Activity

Last (Price)
Change 0.00 (0.00)
Bid / Ask -
Volume
Volume (4w avg)
Turnover
Open
Day Range -
VWAP
Prev Close
Last Trade

Performance

1 Week
1 Month
2021 YTD
1 Year
vs Sector (1yr) +499.22%
vs ASX 200 (1yr) +484.70%

Size

Market Capitalisation
ASX Rank 1,672 of 2,295
Sector Rank 98 of 166

Key Information

Shares Issued
Sector Basic Materials
Similar Companies OEX / AXP / BUY
EPS -$0.006
DPS $0.00
NTA per share $0.00

Broker Consensus

ADD is not covered by a major broker, or data from most recent compilation was omitted due to not meeting QA guidelines.

Announcements

Date Heading Pages File Size Time

Company Overview

Adavale Resources Limited (ADD) is a mining company with its focus on exploration and development of Lake Surprise uranium Project in South Australia.

Incorporation Details

Incorporated in WA on 20/03/1969 as Burrill Investments Pty Ltd. Converted to a public company and name changed to Mining Corporation of Australia Ltd on 09/06/1970. Name changed to Target Mining Corporation Ltd in April 1997; to Asia Gold Mining Corporation NL on 22/. Code changed to Adavale Resources Limited (ADD) on 06/03/2008.

Corporate Details

Head Office Sydney NSW 2000
Website www.adavaleresources.com.au
Registry Computershare
Auditor HLB Mann Judd (WA Partnership)
Date Listed 6 Feb 1992

Upcoming Calendar (Forecasted)

Date Event
30/07/2021 Report (Quarterly)
22/10/2021 Report (Annual)
25/10/2021 Report (Quarterly)
12/01/2022 Report (Quarterly)

Dividend History

DPS and Yield calculations use the Pay Date.

Ex-Date Amount Franking Gross Type Payable
No dividends paid.

See Upcoming Dividends for all ASX companies.

Directors & Management

Directors & Management

Name Title Since Bio
Mr John Desmond Hicks Non-Executive Director Jul 2021 Director Bio icon

Mr John Desmond Hicks

Non-Executive Director

Mr Hicks is a nickel sulphide executive with over 40 years' experience in the exploration and mining sector, including a 15 year tenure as the General Manager of Exploration for Panoramic Resources Limited (ASX:PAN). Prior to Panoramic, John held various roles with several mining companies including Australian Consolidated Minerals Limited, and WMC Limited. John's nickel career includes senior exploration and development roles for the Mount Keith, Silver Swan, Lanfranchi and Savannah nickel projects. During his tenure at Panoramic Resources, John was involved in discovering the komatiite hosted Deacon orebody at Lanfranchi and the Savannah North nickel orebodies, in Western Australia.

Mr Allan Ritchie Chief Executive Officer Sep 2020
Mr Julian Richard Rockett Company Secretary,Legal Counsel Aug 2020
Mr Rodney Chittenden Non-Executive Director Aug 2020 Director Bio icon

Mr Rodney Chittenden

Non-Executive Director

Mr Chittenden has 40 years of experience in the Minerals industry across Africa, Australia and South America, both in executive management roles and metallurgical project development roles from exploration to production. Rod has largely resided in Africa for more than a decade and worked on Magnis Energy Technologies (ASX:MNS) Nachu Graphite Project, spearheading initial metallurgical programs. Rod also involved in the commissioning of Paladin Energy's (ASX:PDN) Langer Heinrich and Kayelekera projects. Prior to that Rod has worked for major miners including Newcrest (ASX:NCM) and Barrick Gold (NYSE:GOLD).

Mr Grant Pierce Non-Executive Chairman,Non-Executive Director Aug 2020 Director Bio icon

Mr Grant Pierce

Non-Executive Chairman,Non-Executive Director

Mr Pierce has 30 years of operating experience in both Australia and Africa. He has managed both open-pit and underground mines across a range of mineral commodities. In addition, he has held numerous senior development roles, taking green and brown field projects to either shovel ready status or into production. Grant was a member of the development team that built Tanzania's first modern gold mine, Resolute's Golden Pride Project (ASX:RSG) and was Operations Manager of the mine for its first 6 years. Other senior roles include Executive General Manager (Tanzania) for Barrick Gold Corporation (NYSE:GOLD), during which time the Tulawaka Gold Mine was built and subsequently General Manager Operations for Perseus Mining, taking the Edikan Gold Project from the environmental permitting stage to its first gold pour. Most recently Grant was an Executive Director of EcoGraf Limited (ASX:EGR) and was involved in the development of the Company, leading to the Company receiving the Epanko Graphite Projects' Environmental Certificate, Mining Licence, delivering the Bankable Feasibility Study and subsequent completion of banking independent due diligence.

Mr Steven Georgiadis Non-Executive Director Aug 2020 Director Bio icon

Mr Steven Georgiadis

Non-Executive Director

Mr Georgiadis has over 20 years of experience encompassing private equity transactions, corporate finance and corporate governance. Steven is an advisor to private and public companies both within Australia and internationally. His experience covers both listed and unlisted companies with operations in Tanzania and South-East Africa.

Director Transactions

ADD directors must report any change in shareholding to the ASX within 5 business days.

See Director Transactions for all ASX companies.

Date Director Type Amount Price Value Notes
22/06/21 Rodney Chittenden Buy +120,945 $0.084 $10,123 On-market trade
22/06/21 Grant Pierce Buy +62,000 $0.082 $5,065 On-market trade
08/06/21 Grant Pierce Buy +31,087 $0.097 $3,000 On-market trade
03/06/21 Grant Pierce Buy +26,600 $0.09 $2,404 On-market trade
19/05/21 Grant Pierce Buy +71,429 $0.07 $5,000 On-market trade
22/04/21 Grant Pierce Buy +90,900 $0.055 $5,000 On-market trade
07/04/21 Grant Pierce Issued 213,553 $0.056 $11,958 Director remuneration
07/04/21 Rodney Chittenden Issued 213,553 $0.056 $11,958 Director remuneration
07/04/21 Rodney Chittenden Transfer 263,230 $0.05 $13,161 Off-market transfer
07/04/21 Rodney Chittenden Transfer 263,230 $0.05 $13,161 Off-market transfer
07/04/21 Steven Georgiadis Issued 213,553 $0.056 $11,958 Issue of securities
18/03/21 Grant Pierce Buy +108,700 $0.046 $5,000 On-market trade
11/03/21 Grant Pierce Buy +100,000 $0.05 $5,000 On-market trade
10/03/21 Grant Pierce Buy +100,000 $0.05 $5,000 On-market trade
20/01/21 Steven Georgiadis Issued 560,000 $0.039 $21,840 Issue of securities
20/01/21 Grant Pierce Issued 560,000 $0.039 $21,840 Issue of securities
20/01/21 Rodney Chittenden Issued 560,000 $0.039 $21,840 Issue of securities
31/12/20 Rodney Chittenden Issued 263,230 $0.032 $8,423 Issue of securities
31/12/20 Steven Georgiadis Issued 263,230 $0.032 $8,423 Issue of securities
31/12/20 Grant Pierce Issued 263,230 $0.032 $8,423 Issue of securities
17/12/20 Grant Pierce Buy +110,000 $0.045 $5,000 On-market trade
25/11/20 Grant Pierce Buy +92,593 $0.054 $5,000 On-market trade
20/11/20 Grant Pierce Buy +106,383 $0.047 $5,000 On-market trade
19/11/20 Grant Pierce Buy +104,168 $0.048 $5,000 On-market trade
17/11/20 Grant Pierce Buy +111,111 $0.045 $5,000 On-market trade
09/11/20 Grant Pierce Buy +151,515 $0.034 $5,151 On-market trade
05/11/20 Grant Pierce Buy +158,740 $0.031 $5,000 On-market trade
26/10/20 Grant Pierce Buy +152,812 $0.032 $4,890 On-market trade
26/10/20 Rodney Chittenden Buy +290,000 $0.034 $9,860 On-market trade
15/05/20 Gary Stewart Sell +1,000,000 $0.014 ($14,000) Off-market trade
12/05/20 Louis (Lou) Clinton Sell +250,000 $0.018 ($4,376) On-market trade
23/03/20 Gary Stewart Buy +1,000,000 $0.02 $20,000 Placement
23/03/20 Louis (Lou) Clinton Buy +250,000 $0.02 $5,000 Placement

Director Interests

The current holdings of ADD directors.

Director Last Notice Direct Shares Indirect Shares Options Convertibles
John Hicks 07/07/2021 0 N/A N/A N/A
Grant Pierce 22/06/2021 2,054,909 N/A N/A N/A
Rodney Chittenden 22/06/2021 476,783 410,945 N/A N/A
Steven Georgiadis 07/04/2021 474,783 N/A N/A N/A

Shareholder Info

Top 20 Shareholders About the Data

Data supplied by Morningstar and accurate on Oct 22, 2020.

It's not possible to publish a real-time Top 20 Shareholder list. Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). If a company chooses to publish the data, it's usually once a year in their Annual Report.

All data is manually compiled so there might be a delay between the Annual Report being published and the data appearing on Market Index (<7 days for ASX 300 and up to 30 days for micro-caps).

Name Shares Capital
Mr Matthew John Boysen 9,525,000 5.56%
Raar Capital Pty Ltd 7,663,338 4.48%
Mr William McArthur 6,419,667 3.75%
Mr Frank Poullas 6,000,000 3.50%
Mr Louis Alfred Clinton 5,713,333 3.34%
Stone Investments & Holdings Pty Limited 5,487,289 3.21%
Allsafe Roofing Pty Ltd 5,333,333 3.12%
AM 49 Pty Ltd 5,333,333 3.12%
LKC Technology Pty Ltd <Lkc Technology P/L S/F A/C> 5,000,000 2.92%
Markets Alert Pty Limited 5,000,000 2.92%
Mr Peter Andrew Proksa 5,000,000 2.92%
Distington Holdings Pty Limited 4,333,333 2.53%
Mr Adrian Dunphy 4,083,333 2.39%
Solar Mate Pty Ltd <SFN Family A/C> 3,766,667 2.20%
Mr Haryono Eddyarto 3,707,728 2.17%
M & K Korkidas Pty Ltd <M&K Korkidas P/L S/Fund A/C> 2,523,656 1.47%
Mrs Katherine Grace Boysen 2,505,000 1.46%
Mr Theo Karantzias 2,500,000 1.46%
Mr Anthony John O'Toole 2,390,000 1.40%
Arthur Phillip Nominees Pty Ltd 2,359,922 1.38%

Shareholder Distribution

As reported in the most recent Annual Report.

Holding Size 1 - 1,000 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001+ Total
No. of Shareholders 414 257 60 231 182 1,144

Substantial Shareholders

A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list.

Shareholding changes less than 1% do not require notification to the market. When all “Last Notice” dates are identical, it suggests that no (or minimal) change has occurred since the most recent Annual Report.

Name Last Notice Total Shares Shares Held (%)
Matthew John Boysen 22/10/2020 9,525,000 5.56

Shareholders Buying

12 month transaction history compiled from ASX announcements.

No buy transactions reported by Substantial Shareholders in the past 12 months.

Shareholders Selling

12 month transaction history compiled from ASX announcements.

No sell transactions reported by Substantial Shareholders in the past 12 months.

Historical Data

Share Price History

Date Close Change %Chg Open High Low Volume Turnover

Historical Data

Year Closing Price Last Trade
2020 $0.012 30 June
2019 $0.009 28 June
2018 $0.012 29 June
2017 $0.011 28 June
2016 $0.015 28 June
2015 $0.018 30 June
2014 $0.002 30 June
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