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Minerals 260 MI6.AX · AUD

Materials · ASX · 🇦🇺 Australia

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0.81

+8.00%

Close of 9 Nov 2026, in AUD

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About Minerals 260

Its shares trade on ASX under the ticker MI6.AX. It has been listed since 12 October 2021. In the fiscal year to 30 June 2024, it reported revenue of A$589,130 and a net loss of A$7.7m. At that date it held total assets of A$12.0m and shareholders' equity of A$10.9m.

Minerals 260 Ltd. operates as a blank check company. The company is headquartered in Perth, Western Australia. The company went IPO on 2021-10-12. The firm's projects include Moora Project, the Koojan JV Project, Dingo Rocks Project and the Yalwest Project. The Moora Project, which is in south-west Western Australia approximately 150 kilometer north-east of Perth. The Koojan Project adjoins the western boundary of the Moora Project and is considered prospective for mafic/ultramafic intrusion-hosted Au-PGE-Ni-Cu mineralization. The Moora and Koojan Projects cover a contiguous land position of approximately 1,100 square kilometer (km2) which comprises the exploration holding in the Julimar Mineral Province (JMP) of southwest Western Australia. The Dingo Rocks Project comprises a single granted Exploration License located 600 km east-southeast of Perth, Western Australia. The Yalwest Project comprises two adjoining Exploration License applications located 400 km north of Perth in the Murchison Gold Province of the Archaean Yilgarn Block.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
12 Oct 2021

Leadership

Pay as last reported

  • Mr. Timothy GoyderNon-Executive Chairman of the BoardA$442,092
  • Mr. Luke McFadyenChief Executive Officer, Managing Director, Executive Director, since 2023A$848,539
  • Mr. Jamie ArmesChief Financial Officer, Company SecretaryA$173,889
  • Mr. David RichardsNon-Executive Director, since 2016A$219,502
  • Ms. Anastasia ApostolouNon-Executive Independent DirectorA$268,022
  • Ms. Emma ScotneyNon-Executive Independent DirectorA$224,675

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
28
Environment
32
Social
9
Governance
43
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Moora and Koojan Projects cover 1,100 km2 in Julimar Mineral Province for Au-PGE-Ni-Cu mineralization.
  • Dingo Rocks Project is a granted Exploration License 600 km east-southeast of Perth.
  • Yalwest Project is located in Murchison Gold Province within Archaean Yilgarn Block.

Weaknesses

  • Moora Project is 150 km northeast of Perth in southwest Western Australia.
  • Koojan JV Project adjoins Moora Project's western boundary for mineral exploration.
  • Dingo Rocks Project is 600 km from Perth in remote Western Australia.

Opportunities

  • Julimar Mineral Province holds potential for Au-PGE-Ni-Cu mineralization across 1,100 km2.
  • Murchison Gold Province offers exploration opportunities in Archaean Yilgarn Block.
  • Koojan Project is prospective for mafic/ultramafic intrusion-hosted mineralization.

Threats

  • Moora Project is in southwest Western Australia with limited infrastructure.
  • Dingo Rocks Project is 600 km from Perth in a remote area.
  • Yalwest Project is 400 km north of Perth in Murchison Gold Province.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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