BROKEN HILL GOLD LTD
ASX:BH6MaterialsToday’s holders own 85.1% of what they think they own, once every option and right converts.
Runway 2–4 quarters; options/rights overhang 18% of shares; 11% of shares in the money; since relisting as BH6; prior history under PGO not included
BROKEN HILL GOLD LTD’s figures cover only the period since its August 2026 rename from PGO; history under the old code is not included. Shares stood at 536M at September 2026, up 0.1% from August 2026. The company has one capital raise in the past 24 months, a placement in July 2026 raising A$13.0M. Options and rights totalling 94M new shares, or 17.5% of current shares, with 11% in the money, expire nearest in July 2027. No quarterly or half-year/annual cash report runway figure is on record, so available cash and funding cover are not disclosed. No proposed securities issues are pending.
Quick answers · 2
When did BH6 last raise capital?
The last capital raise in Broken Hill Gold's filings is Placement of $13.0M announced 28 July 2026, one of 1 cash raises in 24 months.
When do BH6's options expire?
Unexercised options and rights equal 17.5% of Broken Hill Gold's shares on issue; the nearest expiry is July 2027.
Shares on issue — last 2 years
Cash runway
Issuance timeline
Latest 3 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)
| Date | Form | Security | On issue, per this filing | Source |
|---|---|---|---|---|
| 22 Sept 2026 | 2A · quoted issue | BH6 : ORDINARY FULLY PAID | 536.0M | Appendix 2A |
| 8 Sept 2026 | 2A · quoted issue | BH6 : ORDINARY FULLY PAID | 535.8M | Appendix 2A |
| 28 Aug 2026 | 2A · quoted issue | BH6 : ORDINARY FULLY PAID | 535.2M | Appendix 2A |
Securities on issue over time
Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.
Capital raises
1 cash raise in the last 24 months · 1 in the last 12 months · counted since relisting as BH6 (17 Aug 2026); prior history under PGO is not included
Forward supply
Every dated event on record that could add securities to the register — option expiries to their stated dates and proposed issues over the next 18 months, on one timeline.
Placement capacity
How much stock a company can place without asking holders. Listing Rule 7.1 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.
Pending proposed issues
Options & convertible securities
- Price-triggered81.4M · 15.2% of sharesOptions and warrants — they convert when the share price clears their exercise price.
- Condition-triggered12.4M · 2.3% of sharesPerformance and incentive rights — they convert when a hurdle is met, not at a price, and can lapse to nothing.
Exercise price on record: 81.4M priced (of which 58.0M in the money), 12.4M where the filing never states one. A security with no exercise price is never counted in the money — nothing is paid to convert it, so there is no price for it to be above.
Each figure is the filing’s own count of securities, not a share count — a 2A never states what one security converts into.
At $0.14 today, 58.0M securities are in the money (10.8% of shares on issue). No more priced supply until 1.25× today’s price, which takes it to 69.4M (12.9% of shares).
- Priced supply in the money at the price on the axis — the curve, and the only thing on it. Ten prices, sampled: between two of them the true figure lies between the two.
- 12.4M (13.2% of the supply above) states no exercise price at all. It cannot be called in or out of the money at any price, which is why it is hatched rather than plotted.
| Code | Security | Type | Exercise price | Expiry | On issue | Source |
|---|---|---|---|---|---|---|
| BH6AF | Options | Price-triggered | $0.42 | 5 July 2027 | 2.0M | Filing |
| BH6AH | Options | Price-triggered | $0.15 | 18 Nov 2027 | 11.4M | Filing |
| BH6AV | Options | Price-triggered | $0.10 | 31 Dec 2027 | 39.9M | Filing |
| BH6AJ | Options | Price-triggered | $0.10 | 29 July 2028 | 8.1M | Filing |
| BH6AK | Options | Price-triggered | $0.10 | 21 Nov 2028 | 10.0M | Filing |
| BH6AL | Options | Price-triggered | $0.23 | 10 Aug 2029 | 10.0M | Filing |
| BH6AI | Performance rights | Condition-triggered | — | — | 12.4M | Filing |
“Nil” is a stated nil exercise price: nothing is paid to convert. An em dash means the filing names no exercise price at all. Security is read from the filing’s own class description; an em dash there means the description is not one this table labels. One row is one security class, at the number stated in the most recent quotation application that restated it — linked, and dated, in the last column. For what expires soon across other listed companies, see the options expiry calendar.
Director dealings
Ownership
Latest announcements
Headlines link to the source PDFs on the ASX announcements platform. Data as of 3 Oct 2026.