Companies / BIM

BINDI METALS LIMITED

ASX:BIMMaterials
92.1M shares on issueASX (delayed) · as of 28 July 2026$0.13price · delayed$11.5Mmarket cap · indicative
F
Dilution grade

Runway under 2 quarters; share count grew 186% in 24 months; options/rights overhang 77% of shares

Cash runway1.0 quarters of funding
Share-count growth (24m)185.6%
Raise cadence (24m)2 cash raises
Options & rights overhang77.3% of shares
In-the-money supply10.9% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

BINDI METALS LIMITED's ordinary share count grew 185.6% between June 2024 and December 2025, to 92M shares. The company raised capital twice in that 24-month window for total proceeds of A$4.0M, most recently A$2.5M in October 2025. Options and rights on issue could convert into 71M new shares, equal to 77.3% of the current share count, of which 11% are in the money; the nearest expiry is December 2027. At the June 2026 quarter the company reported A$1.3M in available cash, covering about 1.0 quarters at recent spending rates. One proposed securities issue (Appendix 3B) is pending with an expected issue date in December 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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77.3%
Max option dilution
10.9%
ITM option dilution
1
Raises · last 12 months
1.0 qtrs
Cash cover · under 2 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 92.1M per ASX (delayed) (28 July 2026).
51.2M66.2M81.2MDec 24Sept 25July 26Cash raise · 6 Oct 2025Cash raise · 13 Dec 2024

Cash runway

1.0 qtrs
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
$1.3M available cash at quarter ended 30 June 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 30 June 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
5 May 20263G · unquotedBIM : ORDINARY FULLY PAID92.1MAppendix 3G
5 May 20263G · unquotedBIM : ORDINARY FULLY PAID92.1MAppendix 3G
2 Apr 20263G · unquotedBIM : ORDINARY FULLY PAID92.1MAppendix 3G
2 Jan 20263H · cancellationBIM : ORDINARY FULLY PAID92.1MAppendix 3H
17 Dec 20252A · quoted issueBIM : ORDINARY FULLY PAID92.1MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

2 cash raises in the last 24 months · 1 in the last 12 months

$2.5M
Capital raise
6 Oct 2025
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

1 proposed issue pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

77.3%
Total overhang · of current shares
10.9%
In the money · at current price
71.2M
Potential new shares
Dec 2027
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
31 Dec 2025Steven FormicaSell———3Y notice
31 Dec 2025Henry RenouSell———3Y notice
31 Dec 2025Ariel (Eddie) KingSell———3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

28 July 2026$PQuarterly Activities/Appendix 5B Cash Flow Report
2 July 2026Change of Company Secretary
3 June 2026$PRavni Intersects Broad Alteration System with Sulphides
11 May 2026$PDrilling Commences at Ravni Gold Project
5 May 2026Notification regarding unquoted securities - BIM
5 May 2026Notification regarding unquoted securities - BIM
1 May 2026Securities Trading Policy
1 May 2026Corporate Governance Framework Update
30 Apr 2026$PUp to 2km Strike of IP Anomalies at Ravni
30 Apr 2026Proposed issue of securities - BIM
30 Apr 2026Proposed issue of securities - BIM
30 Apr 2026Proposed issue of securities - BIM
30 Apr 2026BIM Approves Executive and Director Option Incentive Plan
30 Apr 2026$PQuarterly Activities and Cashflow Reports
28 Apr 2026$PDrilling Access Secured at Ravni
14 Apr 2026$PBonanza-Grade Gold Confirms Large-Scale System at Ravni
2 Apr 2026Notification regarding unquoted securities - BIM
11 Mar 2026Half Year Report and Accounts
24 Feb 2026Investor Presentation
22 Feb 2026$PDrill Program approval at Ravni Gold Project

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.