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Laneway Resources Ltd.
(Sydney:SVG)
Laneway Resources Ltd. (SVG) vs. S&P 500 (SPY)
Laneway Resources Ltd. Business Overview & Revenue Model
Laneway Resources Ltd. Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 11.60M | 23.60M | 217.00 | 200.00 | 19.16M | Gross Profit |
| -11.10M | -6.01M | -154.73K | -1.08M | 4.16M | EBIT |
| -15.13M | -7.32M | -614.47K | 92.44K | 1.96M | EBITDA |
| -14.47M | -4.65M | -1.23M | -974.04K | 2.83M | Net Income Common Stockholders |
| -20.57M | -14.71M | -967.18K | -205.50K | 1.66M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 152.74K | 111.47K | 137.68K | 30.44K | 597.51K | Total Assets |
| 43.22M | 50.22M | 32.24M | 20.96M | 17.33M | Total Debt |
| 25.30M | 18.32M | 3.85M | 3.56M | 1.82M | Net Debt |
| 25.14M | 18.21M | 3.71M | 3.54M | 1.23M | Total Liabilities |
| 40.09M | 30.65M | 7.52M | 7.29M | 3.71M | Stockholders Equity |
| 3.13M | 16.92M | 24.72M | 13.67M | 13.62M |
| Cash Flow | Free Cash Flow | |||
| -7.53M | -5.52M | -8.29M | -4.08M | -404.75K | Operating Cash Flow |
| -6.68M | 2.45M | -3.26M | -318.70K | 1.99M | Investing Cash Flow |
| 92.79K | -23.20M | -8.66M | -2.09M | -4.04M | Financing Cash Flow |
| 6.63M | 20.72M | 12.03M | 1.84M | 0.00 |
Laneway Resources Ltd. Technical Analysis
Laneway Resources Ltd. Peers Comparison
Laneway Resources Ltd. Corporate Events
Savannah Goldfields Limited, an exploration and mining company, has announced a new gold Exploration Target at the Red Dam deposit, part of its Georgetown Project. The target is estimated to be between 430,000 and 1,060,000 tonnes with gold grades ranging from 3.3 g/t to 5.4 g/t. This development is part of Savannah’s strategy to identify multiple sources of ore to feed its Georgetown Processing Plant, supporting its ‘Hub and Spoke’ strategy. The Red Dam Exploration Target is the first of several expected targets, which could potentially enhance Savannah’s mineral resources and underpin its long-term gold production operations.
Savannah Goldfields Limited has announced a change in the director’s interest notice concerning Stephen Grant Bizzell. The notice details the disposal of 1,333,333 unlisted options by Bizzell, with no acquisition of new securities. This change in holdings could impact the company’s stock dynamics and investor perceptions, as it reflects a significant adjustment in the director’s financial stake in the company.
Laneway Resources Ltd., operating in the mining exploration sector, released its quarterly cash flow report for the period ending March 31, 2025. The report highlights a net cash outflow from operating activities amounting to $3.287 million, primarily due to production costs. However, the company secured a net cash inflow from financing activities of $3.553 million, driven by proceeds from equity securities and convertible debt securities, which helped offset the operating losses.
Savannah Goldfields Limited is advancing its gold projects in the Gulf Savannah Region, focusing on recommencing gold production. The company is preparing to restart operations at its Georgetown and Agate Creek sites, with plans to transport stockpiled ore and resume mining activities by July. A capital raising program has been initiated to fund these activities, and a new CEO, Mr. Brad Sampson, has been appointed. The company is also working on expanding its gold Mineral Resource base and exploring potential new targets.
Savannah Goldfields Limited has announced a change in its substantial holding, with Wilson Asset Management Group ceasing to be a substantial holder as of February 28, 2025. This change is due to the issuance of 228,133,333 ordinary shares, which has decreased the voting power of the previous substantial holder.
Savannah Goldfields Limited has announced a change in the director’s interest involving Stephen Grant Bizzell, who holds various positions and interests in multiple entities. The change involves the acquisition of 47,333,333 ordinary fully paid shares at $0.015 per share, valued at $710,000, which could impact the company’s shareholding structure and potentially influence its market positioning.
Savannah Goldfields Limited has issued 228,133,333 fully paid ordinary shares as part of a conditional placement approved at their recent EGM. This move is in compliance with the Corporations Act 2001, and the shares were issued without disclosure to investors, indicating a strategic step to enhance capital and potentially expand operations.
Savannah Goldfields Limited has announced the quotation of 228,133,333 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, which may impact the company’s market presence and provide additional liquidity for stakeholders.
Savannah Goldfields Limited has appointed Brad Sampson as its new CEO, bringing over 30 years of international mining experience to the role. This strategic leadership change aims to drive the company’s growth as it prepares to restart its mining operations and enhance shareholder value through increased gold production and exploration.
Laneway Resources Ltd., operating under the ASX ticker SVG, held an Extraordinary General Meeting where all proposed resolutions were passed. The resolutions included the ratification and approval of share issues and amendments to convertible notes, which are strategic moves to raise capital and enhance financial flexibility. The approval of these resolutions indicates strong shareholder support and positions the company to strengthen its financial standing and pursue growth opportunities.
Savannah Goldfields Limited has released its interim financial report for the half-year ended 31 December 2024. The report provides insights into the company’s financial performance and operational updates, which are crucial for stakeholders to assess the company’s current market position and future prospects.
Savannah Goldfields Limited has announced a General Meeting of Shareholders to be held on April 11, 2025, in Brisbane. The meeting will address several resolutions, including the ratification and approval of share issues under various placements. These resolutions are aimed at securing additional capital and involve significant share allocations to specific investors, which could impact the company’s financial structure and stakeholder interests.
Wesley Jon Maas and Emma Margaret Maas have increased their voting power in Savannah Goldfields Limited from 17.22% to 19.999% through a sub-underwriting of an entitlement offer. This change in substantial holding indicates a significant investment by the Maas family, potentially impacting the company’s governance and strategic direction.
Savannah Goldfields Limited has announced a change in the director’s interest notice involving Stephen Grant Bizzell. The change reflects an acquisition of 23,783,053 ordinary fully paid shares by Bizzell at a value of $0.015 per share, totaling $356,745.80. This transaction indicates a significant increase in Bizzell’s holdings, potentially impacting the company’s governance and shareholder dynamics.
Savannah Goldfields Limited has announced a significant change in its shareholder structure, as a substantial holder has acquired a relevant interest in the company’s voting securities. This development may influence the company’s governance and strategic direction, potentially impacting its market positioning and stakeholder interests.
Savannah Goldfields Limited has announced the quotation of 180,461,298 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, and the securities are set to be quoted on February 26, 2025. The announcement signifies a strategic step for Savannah Goldfields Limited, potentially impacting its market presence and providing new opportunities for stakeholders.
Savannah Goldfields Limited, an Australian company listed on the ASX, has successfully completed its retail entitlement offer, part of a broader equity capital raising initiative. The offer raised approximately $1.3 million, with a total of $2.8 million raised including the institutional component. The shortfall of $1.4 million is fully underwritten, ensuring financial stability. The funds will support the re-commencement of gold mining operations and resource growth activities at their Agate Creek and Georgetown projects.
Savannah Goldfields Limited announced a change in the director’s interest, specifically regarding Stephen Grant Bizzell. The notice detailed acquisitions of ordinary shares and convertible notes, reflecting significant transactions in the company’s securities. This development may indicate strategic financial positioning or personal investment strategies by key stakeholders, potentially impacting the company’s market perception and shareholder interests.
Savannah Goldfields Limited has announced the issuance of 3,069,401 unquoted convertible notes maturing on September 30, 2025. This issuance, previously detailed in an earlier transaction, is not intended to be quoted on the ASX and highlights the company’s strategic financial maneuvers, potentially impacting its liquidity and capital structure.
Wesley Jon Maas and Emma Margaret Maas have become substantial holders in Savannah Goldfields Limited, acquiring a significant voting power of 17.22% with 79,407,207 ordinary shares through W&E Maas Holdings Pty Ltd as a trustee for the Maas Family Trust. This acquisition indicates a considerable stake in the company, suggesting potential influence over company decisions and strategy, which could have implications for other shareholders and the company’s future direction.
Savannah Goldfields Limited announced the application for the quotation of 100,623,618 fully paid ordinary securities on the Australian Securities Exchange (ASX), scheduled for issuance on February 11, 2025. This move is part of a previously announced transaction, which may enhance the company’s liquidity and market capitalization, potentially impacting its financial standing and investor perception positively by increasing its share availability.
Laneway Resources Ltd. recently held its Annual General Meeting where all resolutions were put to a vote via a poll. Key outcomes included the adoption of the Remuneration Report, re-election of Mr Richard Anthon as a Director, and the approval of issuing convertible notes to Bizzell Related Entities, among others. The proposed election of non-Board endorsed Director candidate Mr Robert Kilgannon was not carried. These resolutions reflect the company’s strategic decisions to manage financial obligations and governance effectively.