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Resources & Energy Group REZ.AX · AUD

Materials · ASX · 🇦🇺 Australia

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About Resources & Energy Group

Its shares trade on ASX under the ticker REZ.AX. It has been listed since 11 March 2005. In the fiscal year to 30 June 2025, it reported revenue of A$153,441 and a net loss of A$2.2m. At that date it held total assets of A$11.0m and shareholders' equity of A$8.8m.

Resources & Energy Group Ltd. engages in exploring and developing gold. The company is headquartered in Sydney, New South Wales. The company went IPO on 2005-03-11. The firm is a gold and green metals explorer, developer, and producer, with projects in Western Australia and Queensland. Its projects include the Mackenzie project and the East Menzies project. The East Menzies Gold Project is located approximately 130 kilometers (kms) north of Kalgoorlie, with a collective surface area of 103 square kilometers (km2) and consists of over 50 tenements, a mixture of mining leases, mining lease applications, prospecting leases, and prospecting lease applications. The East Menzies Goldfield project area includes Gigante Grande, Maranoa, Granny Venn North and Oliver Twist Gold prospects and the Springfield Gold and Nickel prospect. The Mount Mackenzie mine site is located 150 kms northwest of Rockhampton, Queensland. The firm also owns two parcels of land within the granted mining development license (MDL2008).

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

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
11 Mar 2005

Leadership

Pay as last reported

  • Mr. Richard PooleNon-Executive Chairman of the BoardA$48,000
  • Mr. J. Daniel MooreChief Executive Officer, since 2021
  • Mr. Michael JohnstoneExecutive Director, Manager - Mt Mackenzie project, since 2020
  • Mr. Nicholas JollyExecutive Director, Manager of Exploration, since 2019
  • Mr. Rick GordonChief Geologist of REZ
  • Mr. Warwick HeesonCompany Secretary
  • Mr. Gavin RezosDirector

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

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

AI-generated

Strengths

  • Headquartered in Sydney, New South Wales, with a focus on gold and green metals exploration and development.
  • Projects include the East Menzies Gold Project with over 50 tenements covering 103 square kilometers.
  • Owns two parcels of land within the granted mining development license (MDL2008).

Weaknesses

  • Engages in exploring and developing gold, which is a high-risk sector with volatile market prices.
  • Projects are located in Western Australia and Queensland, potentially increasing operational complexity.
  • IPO date is 2005-03-11, indicating a long-standing but possibly outdated business model.

Opportunities

  • Expansion of the East Menzies Gold Project with multiple prospects including Gigante Grande and Maranoa.
  • Potential growth in the green metals sector as demand for sustainable resources increases.
  • Development of the Mount Mackenzie mine site in Queensland could lead to new revenue streams.

Threats

  • Gold exploration and development face high market volatility and regulatory challenges.
  • Dependence on specific projects like East Menzies and Mount Mackenzie may lead to operational risks.
  • The company's focus on gold and green metals may limit diversification in a changing market.

Sources and methodology

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

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