Companies / RND

RAND MINING LIMITED

ASX:RNDMaterials
56.9M shares on issueASX (delayed) · snapshot 28 Oct 2026$2.10price · delayed$119.4MMarket capAt the previous close. On a day the price moves, shares × today’s price will differ. Prices delayed.
Moderate
Dilution risk

Runway under 2 quarters

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runway0.3 quarters of funding
Share-count growth (24m)0.0%no issuance filings since 2024
Raise cadence (24m)0 cash raises
Options & rights overhangno data — no options register on record
In-the-money supplyno data — no options register on record
Pending proposed issuesnone

RAND MINING LIMITED has not lodged any share-issuance filings since January 2024, so no share-count change figure is available. The company has not raised capital through any cash placement, rights issue or share purchase plan in the past 24 months, and no proposed securities issues are currently pending. No options or rights overhang data is disclosed. The company has under 2 quarters of funding at the recent spend rate, based on its June 2026 quarter data.

AI-generated summary of this page's cited filings · updated 17 Oct 2026
Quick answers · 2

How much placement capacity does RND have left?

None of the 15% placement capacity counted as used in the last 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.

How much cash does RND have?

In its quarterly cash report for the quarter ended 30 June 2026, Rand Mining reported $2.1M of cash and estimated 2.2 quarters of funding available at its current rate of spending. That is the company's own estimate.

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Options & rights overhang
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In the moneyAn option whose exercise price is below the last closing share price, so converting it pays. These are the options most likely to become new shares soon. supply
0
Raises · last 12 months
0.3 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 56.9M per ASX (delayed) (snapshot 28 Oct 2026).
56.50M56.75M57.00M57.25MDec 24Nov 25Oct 2656.9M

Cash runway

0.3 qtrs OURS
Less than two quarters of funding at the recent spend rate — near-term funding pressure.
Funds operations to about Nov 2026 at the reported spend rate.
$402k cash after burn.
FILED 2.2 qtrs · $2.1M cash · quarter ended 30 June 2026
OURS our estimate, carried to todayOURSOur estimate for today. We take the cash in the company’s latest cash report, deduct spending since at its reported rate, and, for quarterly filers, add raises announced after it. It moves daily; announced money may not all be received yet.$2,085k cash at 30 Jun 2026 − $1,683k spent ($1.3M a quarter × 120 days) = $402k left → 0.3 qtrsFILED as the company reportedFILEDAs the company stated it in its latest cash report. Dated to the end of that period, it does not change until the next report.
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10 cash reports on record — Cash runway history
Cash, net spend and cover trend from every Appendix 4C/5B and 4D/4E on record up to 30 June 2026.
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Issuance timeline

Latest 0 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)

No issuance filings (Appendix 2A / 3G / 3H) on record.
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Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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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.

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Securities on issue, by class
How the share count and each option and rights class moved, month by month, with every number in a table.
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Capital raises

No equity raises in the last 24 months.
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Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
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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.

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Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
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Placement capacity

How much stock a company can place without asking holders. Listing Rule 7.1 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.

No Appendix 3B in the last 12 months reports an issue under the 15% placement capacity (as at 2026-10-28).
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Placement capacity — LR 7.1 / 7.1A
The filings behind the figure: every Appendix 3B in the window with what it says was issued under 7.1 and 7.1A, each row linked to its filing, and how many shares are left.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

No options register on record. We hold no current Appendix 2A quotation filing for this company, so the overhang above is unknown rather than zero.

Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
25 Mar 2026Lyndall Maree VaughanBuy on-market1k——$3k3Y notice
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1 notice on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

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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

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