Companies / PSC

PROSPECT RESOURCES LIMITED

ASX:PSCMaterials
832.7M shares on issueASX (delayed) · as of 28 July 2026$0.25price · delayed$204.0Mmarket cap · indicative
C
Dilution grade

Share count grew 74% in 24 months; 4 cash raises in 24 months; 10% of shares in the money

Cash runway11.6 quarters of funding
Share-count growth (24m)74.0%
Raise cadence (24m)4 cash raises
Options & rights overhang11.3% of shares
In-the-money supply9.6% of shares
Pending proposed issuesnone

PROSPECT RESOURCES LIMITED's ordinary share count grew 74.0% between May 2024 and July 2026, to 833M shares. The company raised capital four times in that period for total disclosed proceeds of A$111.1M, most recently a A$45.0M placement in February 2026. Options and rights on issue could convert into 94M new shares, equal to 11.3% of the current share count, of which 10% are in the money; the nearest expiry is October 2026. At the March 2026 quarter the company reported A$30.3M in available cash, representing about 11.6 quarters of funding at its recent spending rate. No proposed securities issues (Appendix 3B) are pending.

AI-generated summary of this page's cited filings · updated 28 July 2026
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11.3%
Max option dilution
9.6%
ITM option dilution
2
Raises · last 12 months
11.6 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 832.7M per ASX (delayed) (28 July 2026).
626.5M702.2M777.9MDec 24Sept 25July 26Cash raise · 11 Feb 2026Cash raise · 11 Feb 2026Cash raise · 11 Apr 2025

Cash runway

11.6 qtrs
More than four quarters of funding at the recent spend rate.
$30.3M available cash at quarter ended 31 Mar 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 31 Mar 2026.
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Issuance timeline

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

DateFormSecurityTotal on issue afterSource
14 July 20263H · cancellationPSC : ORDINARY FULLY PAID832.7MAppendix 3H
10 July 20262A · quoted issuePSC : ORDINARY FULLY PAID832.7MAppendix 2A
21 May 20262A · quoted issuePSC : ORDINARY FULLY PAID831.9MAppendix 2A
10 Apr 20263H · cancellationPSC : ORDINARY FULLY PAID814.0MAppendix 3H
16 Mar 20262A · quoted issuePSC : ORDINARY FULLY PAID813.7MAppendix 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

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

$45.0M
Placement
11 Feb 2026 COMPLETE
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

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

11.3%
Total overhang · of current shares
9.6%
In the money · at current price
93.7M
Potential new shares
Oct 2026
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
16 Dec 2025Ian GoldbergOther3.1M3.4M—3Y notice
16 Dec 2025Mark WheatleyOther4.1M1.6M—3Y notice
16 Dec 2025Samuel HosackOther19.7M5.8M—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

22 July 2026Clarifications on Wide High-Grade Intersects Announcement
20 July 2026$PWide High-Grade Intersections Extend Nyungu Central
14 July 2026Notification of cessation of securities - PSC
10 July 2026Application for quotation of securities - PSC
6 July 2026$PMumbezhi Phase 3 Programme Update
24 June 2026$PKabikupa Metwork Produces High Quality Cu Concentrates
22 June 2026Prospect Resources Corporate Presentation
21 May 2026Cleansing Notice
21 May 2026Application for quotation of securities - PSC
19 May 2026$PCopper grows and Gold Resources doubled at Mumbezhi Project
12 May 2026$PPhase 3 Drilling Commences at Mumbezhi
28 Apr 2026$PFurther Impressive Gold Results from Nyungu Central
28 Apr 2026Results of Meeting
22 Apr 2026$PQuarterly Activities and Cashflow Report Mar 2026
13 Apr 2026$PGold Assays Boost By-Product Potential of Nyungu Central
10 Apr 2026Notification of cessation of securities - PSC
31 Mar 2026$PShallow copper footprint emerging at West Mwombezhi
25 Mar 2026Acquisition of Additional 5% Interest in Mumbezhi Completed
25 Mar 2026Notice of Extraordinary General Meeting/Proxy Form
25 Mar 2026Change in substantial holding

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