Informe provisional del año finalizado el 31 de diciembre de 2023
28 de marzo de 2024
Primera empresa de estaño
("First Tin" o "la Compañía")
Informe provisional del año finalizado el 31 de diciembre de 2023
First Tin PLC, a tin development company with advanced, low capex projects in Germany and Australia, today announces its interim report for the year ended 31 December 2023.
Destacados
· Posted a comprehensive loss for the period of £2.82m (31 December 2022: £3.12m)
· Ended the period with a cash position of £4.66m (31 December 2022: £13.8m)
· Ended the period with a net asset value of £38.97m (31 December 2022: £41.78m)
· The interim results for the period reflect continued investment by the Company in progressing its two flagship assets through permitting and DFS studies.
· El DFS totalmente financiado continúa a buen ritmo en Taronga, Australia:
o Published an updated JORC compliant Mineral Resource Estimate ("MRE") which increased the size of the Taronga resource by over 240% to 133 million tonnes
o Mineral processing work confirmed feasibility for simple low strip ratio open pit mining, with significant grade beneficiation at crush stage and a simple cost-effective flowsheet.
o 10MW behind the grid solar farm plus gas generators selected as the most environmentally friendly and cost-effective power solution.
o Exploration activity at nearby satellite prospects validated our thesis that Taronga is part of a broader tin district, with the potential to develop a hub and spoke system in the future.
· Continuó el avance del proyecto Tellerhäuser, Alemania:
o Continued to expand the current JORC MRE by utilising the recently uncovered historical Wismut drilling data alongside additional drilling
o Completed a model of the groundwater flow, showing that mining-induced dewatering of low-laying groundwater horizons will not impact surface water bodies
Bill Scotting, Chief Executive Officer, Commented:
"I am pleased to report my inaugural results as CEO of First Tin, and since commencing my role at the beginning of 2024, I am glad to see the progress made during the period under review. In 2023, we were able to execute key workstreams, adding value to both our flagship assets in Australia and Germany.
2024 is shaping up to be another busy year for the Company with the DFS at our Taronga asset soon to be completed and the finalisation of the MRE update at our Tellerhäuser asset in Q3 2024.
Our outlook for the tin market remains bullish, and we are already seeing strong signs of tin price recovery. The demand for tin remains ever-present as tin becomes increasingly recognised as crucial to the global energy transition and digital revolution.
With both projects positioned strategically in the safe, compliant jurisdictions of Australia and Germany, and Taronga leading the charge as one of the largest tin development projects worldwide, First Tin remains committed to making strong advancements towards our 2026 production target."
Recordatorio de presentación para inversores
Bill Scotting, CEO, and Tony Truelove, Technical Director, will provide a live presentation for investors via the Investor Meet Company platform at 10:00am BST on the day of results.
Los inversores pueden registrarse en Investor Meet Company de forma gratuita y hacer clic en "Agregar a Meet" en First Tin a través de:
https://www.investormeetcompany.com/first-tin-plc/register-investor
Consultas:
Primera lata | A través de SEC Newgate a continuación |
Bill Scotting - Director ejecutivo |
|
Arlington Group Asset Management Limited (Asesor financiero y Joint Broker)
| |
Simón Gato | 020 7389 5016 |
WH Ireland Limited (conjunto Broker) | |
harry ansell | 020 7220 1670 |
SEC Newgate (Comunicaciones financieras) | |
Elizabeth Cowell/Molly Gretton |
Notas a los editores
First Tin es una empresa de producción de estaño ética, confiable y sostenible dirigida por un equipo de reconocidos especialistas en estaño. La Compañía se centra en convertirse en un proveedor de estaño en jurisdicciones libres de conflictos y de bajo riesgo político a través del rápido desarrollo de activos de estaño de alto valor y bajo gasto de capital en Alemania y Australia, a los que se les ha reducido significativamente el riesgo, con un extenso trabajo realizado hasta la fecha.
El estaño es un metal fundamental, vital en cualquier plan para descarbonizar y electrificar el mundo, pero Europa tiene muy poca oferta. Se espera que el aumento de la demanda, junto con la escasez, lleven al estaño a experimentar mercados deficitarios sostenidos en el futuro previsible.
El objetivo de First Tin es utilizar los mejores estándares ambientales de su clase para poner en producción dos minas de estaño en tres años, proporcionando la procedencia del suministro para respaldar las revoluciones tecnológicas y de energía limpia global actual.
DECLARACIÓN DEL PRESIDENTE
PARA EL AÑO TERMINADO EL 31 DE DICIEMBRE DE 2023
I am pleased to report that during the period under review, First Tin continued to achieve significant milestones and advancements at both its tin projects, particularly at the Taronga tin asset in Australia.
Tin spot prices fluctuated as the market navigated a period of weak demand, challenging macroeconomic conditions and geopolitical tensions, with major tin producers experiencing significant supply disruptions. As a result, tin prices ranged from US$29,069/t (12 July 2023) to US$22,979/t (27 November 2023). Post period end, the spot price has strengthened again and, with material deficits still forecast to commence and continue from 2026, we remain hopeful that higher future tin prices will emerge and be sustained.
The global transition to clean energy and the digital transformation remain the key drivers for tin's growing demand. Tin is a vital technology metal as it glues together the electronics found in consumer and industrial goods, including electric vehicles, batteries, computers, communications devices, solar panels and other renewable energy technologies.
Many companies are coming under increased scrutiny around Environmental, Social, and Governance ("ESG") compliance with accompanying pressure to decarbonise their supply chains, increasing the demand for ethical, reliable, and sustainable sources of tin. First Tin's assets in Australia and Germany are located in conflict-free, low political risk jurisdictions and it is therefore well placed to provide a sustainable supply of tin to support the clean energy and digital revolutions.
Por lo tanto, we were pleased to see tin recognised by the Australian Government as a Strategic Material in December 2023 as its role in the global transition to net zero is fundamental. This move will place our Taronga project at the forefront of Australia's transition to net-zero and advanced technological developments.
During the period under review, the management team continued to focus on advancing the assets through their Definitive Feasibility Studies ("DFS"), environmental studies and permitting. At our Taronga asset, we published an updated JORC compliant Mineral Resource Estimate ("MRE"), demonstrating the true scale of our Taronga project. We also validated our thesis that Taronga sits within a Tin District with excellent potential for satellite deposits. The Company has subsequently taken steps to consolidate our land position and has been granted, a large (276.6km2) Exploration Licence covering the majority of the Tingha tin field, located approximately 50km from Taronga.
Most importantly for Taronga, post period end, the Company completed gravity circuit testwork on a low grade bulk sample (0.11% Sn) and a variability core sample (0.13% Sn). The results from this recent test significantly improved the previous recoveries that were generated from a high grade bulk sample (0.18% Sn.) This has been achieved through optimisation of the flowsheet by our team and the ALS Laboratory en Tasmania y has successfully shown the deposit has a recovery of over 70% through the gravity circuit, which confirms the previous Newmont testwork.
At our Tellerhäuser asset in Saxony, Germany, we made progress during the period in terms of permitting the project, receiving confirmation that the mining permit will go through a fast-track process, following our application in June. In relation to the ongoing DFS, our dedicated team have been focused on expanding the current JORC MRE by utilising the recently uncovered historical Wismut drilling data.
First Tin's commitment to robust ESG principles remains central to our Company ethos. We are firmly dedicated to establishing a conflict-free tin source through sustainable, ethical, and regulated mining practices. Post period end we disclosed findings that demonstrated that, by crushing during daylight hours only, a combination of gas engines for the base load and night-time power usage supplemented by solar panels used for daytime augmentation presents the most economically viable and eco-friendly power solution for Taronga. These findings reinforce our pledge to reduce First Tin's environmental impact and CO2 las emisiones.
During the period, we announced the appointment of Bill Scotting as Chief Executive Officer, who officially began his role post period end, in January 2024. Bill has over 35 years of industry experience and a proven track record in the metals and mining sector and the Board is confident that under Bill's leadership, First Tin is best placed to continue making strong operational progress at both our flagship assets.
On behalf of the Board, I would like to thank Thomas Buenger for his significant contribution to First Tin since its IPO in April 2022. We wish him all the best for the future.
We were also pleased to welcome Ross Ainger to the Board as a Non-Executive Director on 6 September 2023. Ross, who has been Company Secretary since March 2022, has extensive knowledge of the business and has already proven to be of great value to the Board. Ross was also appointed Chairman of the ESG Committee and a member of the Audit/Risk and Remuneration/Nominations Committees.
The period ahead promises to be another busy one. We especially look forward to las completion of the Taronga DFS, which will support offtake and project financing discussions, complete the Environmental Impact Statement (EIS) and continue the environmental permitting and mining approval process. At our Tellerhäuser asset, we will focus on essential permitting work and the MRE update.
First Tin remains poised to capitalise on the opportunities presented by the technological revolutions supporting the global energy transition. Our commitment to delivering ethical and sustainable tin production continues to drive our objectives and position us for long-term success and I look forward to keeping you updated on our progress.
I would like to thank our dedicated team, supportive shareholders, and stakeholders for their continued trust and collaboration as we navigate towards a sustainable and prosperous future for First Tin.
C Cañón Brookes | |
Presidente |
INFORME DEL DIRECTOR EJECUTIVO JEFE
PARA EL AÑO TERMINADO EL 31 DE DICIEMBRE DE 2023
The period under review saw First Tin make significant strides in advancing both its projects in Australia and Germany, laying a solid foundation for sustained growth and success. Having joined First Tin just three months ago, at the start of 2024, I am pleased to see the progress during the period under review.
I feel privileged to have been selected by the First Tin Board to lead the next stage of the Company's development and I am excited by the vision of the Company and the quality of our assets. I would like to thank my predecessor, Thomas Buenger, for his leadership since the IPO, putting in place the building blocks to progress our assets along the paths of permitting and preparation of the Definitive Feasibility Studies (DFS).
The structural shifts in the tin market, together with the increased recognition of tin as a critical metal for the energy transition and the digital revolution, present significant opportunities. Our projects, strategically located in the safe, compliant jurisdictions of Australia and Germany, ideally position us to capitalise on this opportunity. With Taronga leading the charge as one of the largest tin development projects globally, boasting a mineralogy conducive to easy, cost-effective mining and processing, I am confident that we are poised for success.
Tin, a critical metal for the future
Tin is one of the oldest metals in use yet remains ever present in modern life, integral to various technologies such as electronics, PCBs, semiconductors and renewable energy systems. Recognised as pivotal in the energy transition and digital revolution, tin is experiencing heightened demand driven by advancements in electronic devices, robotics, 5G, and artificial intelligence.
Referred to as the "hidden gem" and the "glue in electronics," tin has strategic importance, classified as critical in numerous jurisdictions due to supply chain vulnerabilities. With primary supply stagnating and major producers facing challenges, including diminishing reserves and operational disruptions, a supply deficit looms.
Primary tin supply has stagnated over the last five years, with over 75% coming from just five countries: China, Indonesia, Myanmar, Peru and Bolivia. During 2023 we continued to see major disruptions to supply, including declining feedstocks and grades in China, delays in licensing and operational challenges with offshore dredging in Indonesia, conflict in Myanmar leading to suspensions of mining activities in Wa state and civil unrest in Peru.
There is an overarching trend in tin supply pointing towards a deficit against demand, as existing supply remains stagnant, easy to mine alluvial deposits become exhausted or environmentally untenable, and stocks continue to decline. As demand recovers and grows, forecasts indicate a widening supply deficit, leading to structurally higher prices necessary to facilitate the emergence of new supply sources.
We are confident that First Tin remains well positioned to take advantage of this opportunity and become a material tin supplier from its conflict-free and low political risk jurisdictions.
Delivering on the expansion potential at our Taronga Asset in Australia
Our Taronga project in New South Wales has been a focal point of operational excellence and strategic advancement. Acquired in 2022, Taronga stands as a low-risk asset in a jurisdiction rich with infrastructure and historical exploration data. The surrounding area has had over a century of exploration and development with many underexplored tin showings providing major upside potential.
Since its acquisition in 2022, First Tin has completed infill and extension diamond and Reverse Circulation (RC) drilling to confirm historical data and test for extensions to the south of the deposit. Twin diamond drilling of 1,657m in 14 drillholes and twin RC drilling of 664m in six drillholes was completed and found statistically good agreement between Taronga Mines Pty Ltd (TMPL) and earlier Newmont assays.
A total of 4,035m infill and extension RC drilling was completed in 40 drill holes (three abandoned) and has extended the Payback Zone mineralisation for approximately 400m to the southwest. Given that the southernmost line of drilling returned significant mineralisation, we believe there is strong potential for the mineralisation to the southwest to be extended even further.
The drilling undertaken at Taronga during the year facilitated the publication of an updated Mineral Resource Estimate ("MRE"), which was a major milestone during the period. Prepared by independent geological consultants H&S Consultants Pty Ltd in accordance with the 2012 JORC Code & Guidelines, the updated MRE is reported using a 0.05% tin (Sn) cut-off to a maximum depth of 300m below surface (650mRL).
Categoría | Tonelaje (millones) | Grado (% Sn) | Estaño (Toneladas) |
Mesurado | 33.0 | 0.13 | 44,200 |
Indicado | 38.9 | 0.11 | 42,000 |
Subtotal (M&I) | 71.9 | 0.12 | 86,200 |
This Inferred | 61.1 | 0.09 | 61,100 |
TOTAL | 133.0 | 0.10 | 138,300 |
Se trata de un aumento sustancial del tamaño del 240 % con respecto al MRE anterior anunciado por Aus Tin Mining Ltd en 2014, que se calculó utilizando un límite de Sn del 0.10 %. El límite más bajo para el recurso mineral actualizado se basa en consideraciones económicas revisadas que incluyen precios más altos del estaño en los últimos 3 años, tipos de cambio AUD:USD más bajos y estimaciones preliminares de costos de minería, procesamiento y generales y administrativos.
A direct comparison with the 2014 MRE by using a 0.10% Sn cut-off is:
| 2014 ERM |
| H&SC 2023 MRE | Cambio porcentual (%) | ||||
| Toneladas (millones) | Grado (%Sn) | Estaño (Toneladas) | Toneladas (millones) | Grado (%Sn) | Estaño (Toneladas) | ||
Mesurado | - | - | - | 21.5 | 0.17 | 35,700 | - | |
Indicado | 26.9 | 0.17 | 45,200 | 16.5 | 0.16 | 26,000 | (42.5) | |
Total parcial | 26.9 | 0.17 | 45,200 |
| 38.0 | 0.16 | 61,700 | 36.5 |
Inferido | 9.4 | 0.13 | 12,000 | 13.4 | 0.14 | 18,600 | 55 | |
TOTAL | 36.3 | 0.16 | 57,200 |
| 51.7 | 0.16 | 80,300 | 40.4 |
La comparación representa un aumento del 40 % en el total de estaño metálico contenido según el mismo límite. La diferencia se debe principalmente a:
· La perforación de exploración realizada por First Tin extiende con éxito el recurso mineral hacia el suroeste de la estimación existente.
· Una nueva interpretación geológica
· Una técnica de interpolación de grados reconfigurada
It also included a Measured Resource category for the first time. This is based on the successful hole twinning drill programme conducted by First Tin which validated the Newmont drilling data alongside a more in-depth study of the Newmont QAQC data which confirmed the reliability of the historic drilling data.
The DFS is now well advanced, with completion expected in the coming weeks.
Towards this end of the period under review, key workstreams showed that our Taronga tin deposit is amendable to low strip ratio (ca., 1:1) open pit mining, giving relatively low mining costs. There are very few open-pit tin mines or projects worldwide and this style of deposit is seen as the transition between alluvial and underground mining. The mineralogy allows a simple processing flow sheet, with lower capital expenditure and operating costs. Crushing pre-concentration test work undertaken in the period confirmed significant upgrading effects for both high-grade and low-grade mineralisation bulk samples. Due to selective breakage along veins, liberation of cassiterite can be achieved simply by coarse crushing to 12mm and screening at 2.8mm. The plus 2.8mm fraction is a discard, while the minus 2.8mm fraction goes through the processing plant.
Further end-to-end mineral processing test work on a bulk sample with an average grade of 0.18% Sn confirmed that the cassiterite is easily liberated at a coarse crush size and that a good quality pre-concentrate can be obtained using very simple gravity separation techniques.
Using coarse gravity techniques only (i.e. no fine tin recovery) and a processing route that consists only of crushing, jigs, spirals, grinding and shaking tables, followed by standard tin dressing techniques including finer grinding and sulphide flotation, earlier testwork demonstrated that end to end processing resulted in 52-56% of the total tin recovered into a plus 56% Sn, low impurity tin concentrate.
Post period end, the Company announced that additional mineral processing test work has shown enhanced recoveries from the gravity circuit of the project. ALS Laboratory in Burnie, Tasmania, one of the foremost laboratories for tin processing testwork worldwide, recently completed gravity circuit test work on a low grade bulk sample and a variability core sample crushing pre-concentrates which returned:
· Low grade bulk sample (0.11% Sn): 71.5% tin recovery to a 69.8% Sn concentrate
· Variability (0.13% Sn): 72.5% tin recovery to a 60.1% Sn concentrate
End to end recovery is estimated to be around 60% after taking into account losses at the crushing stage. The inclusion of a fine tin circuit will be examined later as will improvements at the crushing stage which should increase the overall recovery even further.
In addition, post period end, the Company reported findings from a scoping study suggesting that employing a combination of gas engines for base load power and night-time operations, complemented by solar panels for daytime support, emerges as the most economical and environmentally conscious power solution for Taronga. To enable this, the main three stage crusher would only operate during day-light hours. With this approach, it is estimated that 53% of the site's power demand would be generated by solar, and potentially reduce the power cost by 58% compared to grid power as well as significantly reducing the mine's carbon footprint.
Confirming Taronga as part of a tin district
Durante el periodo, we validated our thesis that Taronga is part of a broader tin district.
In August, we announced the results from wide spaced drilling undertaken at our Tin Beetle prospect, approximately 9km from the Taronga project and one of six additional satellite prospects near Taronga.
Mineralisation was confirmed over the 2.3km2 area tested. Significant intercepts include:
· 48m @ 0.18% Sn from 2m incl. 21m @ 0.32% Sn from 2m and 3m @ 0.28% Sn from 42m
· 30m @ 0.10% Sn from surface incl. 7m @ 0.16% Sn from 21m (entire hole mineralised)
· 18m @ 0.07% Sn from 17m incl. 9m @ 0.10% Sn from 17m
· 78m @ 0.08% Sn from 7m incl. 12m @ 0.11% Sn from 7m and 12m @ 0.13% Sn from 48m
· 57m @ 0.05% Sn desde 62m
· 27m @ 0.08% Sn from 76m incl. 14m @ 0.12% Sn from 77m and 5m @ 0.18% Sn from 85m
These intercepts are similar to early drill intercepts at the main Taronga mineralisation. As a satellite, there is potential for on-site upgrading before being taken by road to a central milling facility at Taronga. If successful, this concept could significantly add to the annual tin production and/or increase the overall life of the Taronga tin project. Further drilling is planned once the Taronga DFS is completed.
These findings were supported by the results from the first systematic soil sampling conducted across the Taronga site, reported post period end. Not only did this programme confirm extensions to the known mineralisation to the northeast and southwest at Taronga, but it also identified several potential nearby satellite tin mineralisation targets and confirmed that no significant mineralisation occurs beneath the proposed rock dumps at the Taronga mine itself.
As a result, we are increasing our landholding and during the period applied for a large, 276.6km2 Exploration License covering the majority of the Tingha Field, located approximately 50km southwest of the Taronga Project. Tingha is one of three main tin fields in northern NSW and south-eastern Queensland that form the New England Tin Corridor. TMPL currently holds the majority of the Emmaville Tin Field under its existing tenure. Following the granting of the license in October 2023, TMPL now has access to most of the known tin mineralised areas in north-eastern New South Wales, which consolidates the exploration potential around the Taronga deposit.
Progressing Tellerhäuser, Germany
Our Tellerhäuser project is situated in the renowned tin district of Saxony, benefitting from access to existing infrastructure that reduces the anticipated capital expenditure. The project is owned by First Tin's 100% owned German subsidiary, Saxore Bergbau GmbH ("Saxore").
During the period Saxore continued to assess the additional historic drilling data from previously inaccessible old Wismut uranium exploration drillholes discovered in archives pertaining to the Tellerhäuser project area. The Wismut drillhole data could now be reviewed due to a change in the law (Geological Data Act). The additional identified data represents an equivalent of 1311 underground drillholes, surface drillholes and channel samples with a total length of more than 44,900m and is still being analysed alongside the data from the more recent drilling programme. All new data is currently being added to the main database and should result in an increasingly robust resource model and may lead to additional resource tonnes. Once this analysis is complete, the Company expects to announce an update to the project's MRE.
In November 2023, a model of the groundwater flow was completed which showed that a mining-induced dewatering of low-laying groundwater horizons will not impact surface water bodies. The drinking water fountains that still operate sporadically in the area will not be affected as they are fed from the upper groundwater layers.
During the year, infrastructure requirements were progressed, with an analysis and comparison of alternative transport routes from the site completed. The German Rail Infrastructure Agency (DB InfraGo AG) informed us that space has been reserved at the railway station (Grünstädtel) for our future planning. Work commenced on the baseline study for power requirements underground as well as on the surface.
Saxore signed an emergency assistance agreement with Wismut AG to practice regularly with the established mine rescue team. The mine design was further specified with an updated ventilation study, considering also emergency situations underground. Further a backfill concept study in cooperation with Patterson & Cook was concluded enabling our sustainable leave no trace strategy.
Gottesberg, Germany to be evaluated
Progress on Gottesberg has been constrained as the Company has focused on Taronga and Tellerhäuser. It has a large resource base and excellent mineral processing characteristics and could benefit from lessons learned at Taronga. It is proposed to more closely evaluate this project over the next 12-24 months.
Revisión financiera
The interim results for the period reflect continued investment by the Company in progressing its two flagship assets through permitting and DFS study.
First Tin posted a comprehensive loss for the period of £2.82m and ended the period with a cash balance of £4.66m and a net asset value of £38.97m. Expenditure during the period was primarily focused on drilling activities to extend the MREs, mineral processing test work, other DFS and permitting related work to progress the development of our two assets. It is anticipated that the Group will need to raise additional capital within the next 12 months in order to continue to fund its activities at their planned levels.
Outlook
During the period under review, the Company made significant progress in developing its assets, particularly at Taronga in Australia. Our focus in 2024 and beyond will be on:
· The completion of our Taronga DFS at the end of Q1 2024 and completion of its Environmental Impact Statement (EIS) in July 2024.
· Completion of the data analysis and update of the MRE at Saxore.
· Evaluating financing options to advance Taronga through permitting and engineering design.
We remain bullish on the macro-outlook for the tin market. Despite cyclically constrained demand in 2023, the supply constraints led the tin market to end 2023 with only a modest surplus. Moving into 2024, the tin market is buoyant as supply concerns are meeting a demand recovery. We have already seen the tin price recover from $23k/t at the end of November to over $28.5k/t in mid-March.
The demand for tin remains strong, with lower interest rates, stimulus efforts by the Chinese government, and the continuous transition to green energy, creating the conditions for a material supply ongoing deficit from 2026.
We are confident that First Tin remains well positioned to benefit from this opportunity and become a material supplier of conflict-free tin from our low political risk jurisdictions in Australia and Germany. With our strategic approach and business model, we are poised to unlock the significant value within our tin assets.
I would like to thank all our shareholders for your ongoing support of First Tin as we pursue our strategic objectives. We have entered 2024 with confidence and I look forward to delivering and communicating our progress as we continue to develop our flagship assets and fulfil our ambitions to become a leading supplier of tin.
W A (Bill) Scotting |
|
Director Ejecutivo |
ESTADO DE RESULTADOS INTEGRALES CONSOLIDADO CONDENSADO
PARA EL AÑO TERMINADO EL 31 DE DICIEMBRE DE 2023
|
|
| Note | 2023 | 2022 | |
|
|
|
| (No auditado) | (Auditado) | |
|
|
|
| £ | £ | |
|
|
|
|
| ||
Gastos administrativos |
|
|
| (2,355,495) | (3,240,389) | |
| ||||||
| ||||||
Pérdida operativa |
|
| (2,355,495) | (3,240,389) | ||
| ||||||
Ingresos financieros |
|
| 100,104 | - | ||
Costos financieros |
|
| (23) | (2,557) | ||
| ||||||
| ||||||
Pérdida antes de impuestos |
|
| (2,255,414) | (3,242,946) | ||
| ||||||
Ingreso por gastos de impuesto |
|
| - | - | ||
| ||||||
| ||||||
Pérdida del año |
|
| (2,255,414) | (3,242,946) | ||
| ||||||
| ||||||
Otros (pérdidas) / ingresos integrales | ||||||
| ||||||
Diferencias de cambio por conversión de moneda extranjera | ||||||
operaciones |
| (561,581) | 118,937 | |||
| ||||||
| ||||||
Otra (pérdida)/ingreso integral del | ||||||
año |
| (561,581) | 118,937 | |||
|
| |||||
| ||||||
Pérdida integral total del año |
|
| (2,816,995) |
| (3,124,009) | |
|
| |||||
|
| |||||
Pérdida integral total atribuible a |
| |||||
los accionistas de la empresa |
|
|
| (2,816,995) | (3,124,009) | |
|
| |||||
|
| |||||
Pérdida básica - peniques por acción |
| 5 | (0.85) | (1.40) | ||
|
| |||||
|
| |||||
|
| |||||
Pérdida diluida: peniques por acción |
| 5 | (0.85) | (1.40) | ||
|
|
| ||||
|
|
|
ESTADO DE FLUJOS DE EFECTIVO CONDENSADO CONSOLIDADO
PARA EL AÑO TERMINADO EL 31 DE DICIEMBRE DE 2023
| Note | 2023 |
| 2022 |
|
| (No auditado) |
| (Auditado) |
|
| £ |
| £ |
Activos no corrientes |
|
| ||
|
|
|
| |
Activos intangibles | 7 | 33,084,761 |
| 27,367,552 |
Propiedad, planta y equipo. | 8 | 2,474,661 |
| 1,589,748 |
|
|
| ||
|
|
| ||
| 35,559,422 |
| 28,957,300 | |
|
|
|
| |
Activos circulantes |
|
|
| |
|
|
| ||
Cuentas comerciales y otras cuentas por cobrar | 9 | 278,925 |
| 808,711 |
Efectivo y equivalentes de efectivo | 4,657,026 |
| 13,823,173 | |
|
|
| ||
|
| |||
4,935,951 |
| 14,631,884 | ||
| ||||
Pasivo circulante |
|
| ||
|
|
| ||
Comerciales y otras cuentas a pagar | 10 | (1,528,482) |
| (1,805,298) |
|
|
|
| |
|
|
|
| |
Activos corrientes netos |
| 3,407,469 |
| 12,826,586 |
|
|
|
| |
|
|
|
| |
Activos totales menos pasivos corrientes | 38,966,891 |
| 41,783,886 | |
|
|
| ||
|
|
| ||
Activos netos |
| 38,966,891 |
| 41,783,886 |
|
|
|
| |
|
|
|
| |
|
|
| ||
Capital y reservas |
|
|
| |
|
|
| ||
Llamado capital social | 12 | 265,535 |
| 265,535 |
Compartir cuenta premium | 18,391,046 |
| 18,391,046 | |
Reserva de alivio para fusiones | 17,940,000 |
| 17,940,000 | |
Reserva de autorización | 269,138 |
| 269,138 | |
Ganancias retenidas | 2,632,180 |
| 4,887,594 | |
Reserva de traducción | (531,008) |
| 30,573 | |
|
|
|
| |
|
|
|
| |
Fondos de accionistas |
| 38,966,891 |
| 41,783,886 |
|
|
|
| |
|
|
|
|
The Condensed Consolidated Financial Statements were approved and authorised for issue by the Board of Directors on 27 March 2024 and were signed on its behalf by:
C Cañón Brookes |
|
Director |
ESTADO DE FLUJOS DE EFECTIVO CONDENSADO CONSOLIDADO
PARA EL AÑO TERMINADO EL 31 DE DICIEMBRE DE 2023
| 2023 | 2022 | ||||
| (No auditado) | (Auditado) | ||||
| £ | £ | ||||
flujos de efectivo por actividades operacionales |
|
| ||||
Pérdida operativa del período |
| (2,355,495) | (3,240,389) | |||
|
| |||||
Ajustes para conciliar la pérdida antes de impuestos con los flujos de efectivo netos: |
|
| ||||
Depreciación de activos tangibles |
| 54,265 | 20,597 | |||
Pérdida por enajenación de activos tangibles |
| 18,009 | - | |||
Gastos de pago basados en acciones |
| - | 707,100 | |||
Disminución de cuentas por cobrar comerciales y otras |
| 529,786 | (357,635) | |||
(Disminución) / aumento de cuentas comerciales y otras cuentas por pagar |
| (276,816) | 1,503,846 | |||
|
| |||||
|
| |||||
Efectivo utilizado en operaciones |
| (2,030,251) | (1,366,481) | |||
Pago interesado |
| (23) | 2,557 | |||
|
| |||||
|
| |||||
Flujos de efectivo netos utilizados en actividades operativas |
| (2,030,274) | (1,369,038) 88 | |||
|
| |||||
|
| |||||
Flujos de efectivo de actividades de inversión |
|
| ||||
Compra de activos intangibles |
| (6,356,040) | (5,288,557) | |||
Recepción de subvenciones gubernamentales |
| 218,212 | - | |||
Compra de propiedad, planta y equipo |
| (1,024,659) | (600,907) | |||
Efectivo adquirido en la adquisición de Taronga |
| - | 102 | |||
Interés recibido |
| 100,104 | - | |||
|
| |||||
|
| |||||
Flujos de efectivo netos utilizados en actividades de inversión |
| (7,062,383) | (5,889,362) | |||
|
| |||||
|
| |||||
Flujos de efectivo de actividades de financiación |
|
| ||||
Producto de la emisión de acciones |
| - | 19,000,000 | |||
Costos de emisión de acciones |
| - | (368,521) | |||
|
| |||||
|
| |||||
|
| |||||
Flujos de efectivo netos generados por actividades de financiación |
| - | 18,631,479 | |||
|
| |||||
|
| |||||
Neto (disminución) / aumento de efectivo |
| (9,092,657) | 11,373,079 | |||
|
| |||||
Efectivo y equivalentes de efectivo al inicio del año |
| 13,823,173 | 2,503,714 | |||
Pérdida cambiaria en efectivo y equivalentes de efectivo |
| (73,490) | (53,620) | |||
|
| |||||
|
| |||||
Efectivo al final del año. |
| 4,657,026 | 13,823,173 | |||
ESTADO DE CAMBIOS EN EL PATRIMONIO CONDENSADO CONSOLIDADO
PARA EL AÑO TERMINADO EL 31 DE DICIEMBRE DE 2023
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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| Fusión |
|
|
|
|
|
|
|
|
|
| Compartir |
| Compartir |
| alivio |
| Orden |
| retenido |
| Traducción |
| Total |
|
| capital |
| producto de más alta calidad. |
| reserva |
| reserva |
| ganancias |
| reserva |
| equidad |
|
| £ |
| £ |
| £ |
| £ |
| £ |
| £ |
| £ |
| ||||||||||||||
Al 1 de enero de 2023 | 265,535 |
| 18,391,046 |
| 17,940,000 |
| 269,138 |
| 4,887,594 |
| 30,573 |
| 41,783,886 | |
| ||||||||||||||
Pérdida del año | - | - | - | - | (2,255,414) | - | (2,255,414) | |||||||
Otra pérdida integral por | ||||||||||||||
el año
| - | - | - | - | - | (561,581) | (561,581) | |||||||
| ||||||||||||||
| ||||||||||||||
Pérdida integral total |
|
|
|
|
|
|
|
| ||||||
para el año | - |
| - |
| - |
| - | (2,255,414) | (561,581) |
| (2,816,995) | |||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Al 31 de diciembre de 2023 |
| 265,535 |
| 18,391,046 |
| 17,940,000 |
| 269,138 | 2,632,180 | (531,008) |
| 38,966,891 | ||
|
|
|
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|
|
|
|
|
|
|
|
|
|
ESTADO DE CAMBIOS EN EL PATRIMONIO CONDENSADO CONSOLIDADO
PARA EL AÑO TERMINADO EL 31 DE DICIEMBRE DE 2023
Fusión | ||||||||||||||
Compartir | Compartir | alivio | Orden | retenido | Traducción | Total | ||||||||
capital | producto de más alta calidad. | reserva | reserva | ganancias | reserva | equidad | ||||||||
£ | £ | £ | £ | £ | £ | £ | ||||||||
Al 1 de enero de 2022 | 138,868 | 17,931,296 | - | 95,372 | (10,507,856) | (88,364) | 7,569,316 | |||||||
Pérdida del año | - | - | - | - | (3,242,946) | - | (3,242,946) | |||||||
Otra pérdida integral por | ||||||||||||||
el año
| - | - | - | - | - | 118,937 | 118,937 | |||||||
Pérdida integral total | ||||||||||||||
para el año | - | - | - | - | (3,242,946) | 118,937 | (3,124,009) | |||||||
Transacciones con propietarios: | ||||||||||||||
Reducción de capital | - | (17,931,296) | - | - | 17,931,296 | - | - | |||||||
Emisión de acciones (neta de | ||||||||||||||
costos de emisión) | 66,667 | 18,564,812 | - | - | - | - | 18,631,479 | |||||||
Acciones emitidas para adquirir | ||||||||||||||
Taronga | 60,000 | - | 17,940,000 | - | - | - | 18,000,000 | |||||||
Pagos basados en acciones | - | (173,766) | - | 173,766 | 707,100 | - | 707,100 | |||||||
Transacciones totales con | ||||||||||||||
los propietarios de | 126,667 | 459,750 | 17,940,000 | 173,766 | 18,638,396 | - | 37,338,579 | |||||||
Al 31 de diciembre de 2022 | 265,535 | 18,391,046 | 17,940,000 | 269,138 | 4,887,594 | 30,573 | 41,783,886 | |||||||
NOTAS A LOS ESTADOS FINANCIEROS CONDENSADOS CONSOLIDADOS
PARA EL AÑO TERMINADO EL 31 DE DICIEMBRE DE 2023
1. | Información General |
La Compañía es una compañía pública limitada por acciones, constituida en Inglaterra y Gales bajo la Ley de Sociedades de 2006. El domicilio social de la Compañía es First Floor, 47/48 Piccadilly, Londres, W1J 0DT.
First Tin Plc ("la Compañía'') y sus subsidiarias poseen dos proyectos avanzados de estaño, uno en Alemania y otro en Australia, y buscan poner ambos proyectos en producción para poder ofrecer una respuesta sostenible al suministro de material. Problemas que enfrentan los consumidores industriales de estaño.
Los estados financieros consolidados condensados comprenden información financiera de la Compañía y sus subsidiarias (el "Grupo"). |
2. | Políticas contables importantes |
2.1 | Base de preparación |
The unaudited condensed consolidated financial statements for the year ended 31 December 2023 have been prepared in accordance with the Disclosure and Transparency Rules of the Financial Conduct Authority and International Accounting Standard 34 "Interim Financial Reporting" (IAS 34). Other than as noted below, the accounting policies applied by the Group in the preparation of these condensed consolidated financial statements are the same as those set out in the Group's audited financial statements for the year ended 31 December 2022. These condensed consolidated financial statements have been prepared under the historical cost convention except for certain financial and equity instruments that have been measured at fair value.
Estos estados financieros consolidados condensados no incluyen toda la información requerida para un conjunto completo de estados financieros IFRS. Sin embargo, se incluyen notas explicativas seleccionadas para explicar eventos y transacciones que son importantes para comprender los cambios en la situación financiera y el desempeño del Grupo desde los estados financieros auditados para el año que finalizó el 31 de diciembre de 2022.
Las cuentas estatutarias para el año que finalizó el 31 de diciembre de 2022 se presentaron ante el Registro de Sociedades y el informe del auditor no tenía reservas, no contenía ninguna declaración según la Sección 498 (2) o 498 (3) de la Ley de Sociedades de 2006 y no contenía ninguna asuntos sobre los cuales los auditores llamaron la atención sin calificar su informe.
The Group has changed its accounting reference date to 30 June and consequently will report again for the 18 month period ending 30 June 2024.
Una serie de normas modificadas pasaron a ser aplicables para el período actual. El Grupo no tuvo que cambiar sus políticas contables ni realizar ajustes retrospectivos como resultado de la adopción de estas normas modificadas.
The condensed consolidated financial statements are unaudited and were approved by the Board of Directors on 27 March 2024 |
2. | Políticas contables significativas (continuación) |
2.2 | Preocupación continua |
| |||
| Actualmente, el Grupo no tiene ingresos y satisface sus necesidades de capital de trabajo mediante la obtención de financiación para el desarrollo. Al igual que muchas empresas dedicadas a actividades de exploración y evaluación antes de la producción y venta de minerales, el Grupo necesitará fondos adicionales y/o instalaciones de financiación para desarrollar plenamente su plan de negocios. En última instancia, la viabilidad del Grupo depende de la liquidez futura en el período de exploración y estudio y ésta, a su vez, depende de la disponibilidad de financiación externa.
The Directors have prepared financial projections and plans for a period of at least 12 months from the date of approval of these condensed consolidated financial statements. It is anticipated that additional capital will need to be raised within the next 12 months in order to continue to fund the Group's activities at their planned levels. This represents a material uncertainty that may cast significant doubt on the Group's ability to continue as a going concern. If the Group was unable to raise additional capital the cash balance as at 31 December 2023 would be insufficient to fund the Group's activities at their current level for a period of at least 12 months from the date of approval of these condensed consolidated financial statements. However, the Directors have a reasonable expectation that this uncertainty can be managed to a successful outcome, and based on that assessment, the Group will have adequate resources to continue in operational existence for the foreseeable future. Accordingly, these condensed consolidated financial statements have been prepared on the going concern basis.
Los estados financieros consolidados condensados no reflejan ningún ajuste que sería necesario realizar si fueran preparados sobre una base distinta a la de empresa en funcionamiento. | ||
3. | Estimaciones y juicios contables críticos |
La preparación de los estados financieros consolidados condensados del Grupo requiere que los Directores realicen estimaciones y suposiciones que afectan los montos reportados de activos y pasivos y la revelación de activos y pasivos contingentes. Las estimaciones y juicios se evalúan continuamente y se basan en la experiencia histórica y otros factores, incluidas las expectativas de eventos futuros que se consideran razonables según las circunstancias. Los resultados reales pueden diferir de estas estimaciones. Los juicios críticos y las áreas donde el uso de estimaciones es significativo se establecen en los estados financieros consolidados auditados para el año finalizado el 31 de diciembre de 2022.
|
4. | Informes segmentarios |
En opinión de la Junta Directiva, el Grupo tiene un segmento operativo, siendo la explotación de derechos mineros.
El Grupo también analiza y mide su desempeño por regiones geográficas, específicamente Alemania y Australia.
Los activos no corrientes por región se resumen a continuación: |
|
|
| 2023 |
| 2022 |
| |||||
|
|
|
| £ |
| £ |
| ||||
Alemania |
|
|
| 8,641,903 |
| 6,824,224 |
| ||||
Australia |
|
|
| 26,917,519 |
| 22,133,076 |
| ||||
|
|
|
|
|
| ||||||
|
|
|
|
|
| ||||||
|
|
| 35,559,422 |
| 28,957,300 |
| |||||
|
|
|
|
|
| ||||||
|
|
|
|
|
| ||||||
5. | Pérdida por acción ordinaria | ||||||||||
|
| 2023 | 2022 | |||
|
|
| £ | £ | ||
Loss for the year attributable to the ordinary |
| |||||
accionistas de la Sociedad (£) |
|
| (2,255,414) | (3,242,946) | ||
|
| |||||
Pérdida básica por acción ordinaria |
|
| ||||
Número medio ponderado de acciones ordinarias |
|
| ||||
en cuestión |
|
| 265,534,972 | 231,872,871 | ||
|
| |||||
Pérdida básica por acción ordinaria (peniques) |
| (0.85) | (1.40) | |||
|
|
| ||||
|
| |||||
Pérdida diluida por acción ordinaria |
|
| ||||
Número medio ponderado de acciones ordinarias |
|
| ||||
en cuestión |
|
| 265,534,972 | 232,112,833 | ||
|
| |||||
Pérdida diluida por acción ordinaria (peniques) |
| (0.85) | (1.40) | |||
|
|
|
Para la pérdida diluida por acción, el número promedio ponderado de acciones ordinarias en emisión se ajusta para asumir la conversión de todas las posibles garantías y opciones dilutivas sobre acciones ordinarias. Las acciones ordinarias potenciales resultantes del ejercicio de warrants y opciones tienen un efecto antidilutivo debido a que el Grupo se encuentra en una posición de pérdida. Como resultado, la pérdida diluida por acción se revela con el mismo valor que la pérdida básica por acción. |
6. | Pagos basados en acciones |
| Opciones sobre acciones y warrants |
The following table shows the movements in the share-based payment reserve during the year: |
Nº de | Nº de |
| Nº de |
| Nº de | |||
opciones | opciones |
| garantiza |
| garantiza | |||
2023 | 2022 |
| 2023 |
| 2022 | |||
£ |
| £ |
| £ |
| £ | ||
Sobresaliente al inicio del período | 10,060,000 |
| 1,560,000 |
| 5,668,000 |
| 3,168,000 | |
Concedido durante el período | - |
| 8,500,000 |
| - |
| 2,500,000 | |
Caducó durante el período | (1,560,000) |
| - |
| - |
| - | |
|
|
|
|
| ||||
|
|
|
|
| ||||
Sobresaliente al final del período | 8,500,000 |
| 10,060,000 |
| 5,668,000 |
| 5,668,000 | |
|
|
|
|
| ||||
|
|
|
|
| ||||
|
|
|
|
| ||||
|
|
|
|
| ||||
Ejercitable al final del período | 8,500,000 |
| 10,060,000 |
| 5,668,000 |
| 5,668,000 | |
|
|
|
|
| ||||
|
|
|
|
| ||||
|
|
|
|
| ||||
Precio medio ponderado de ejercicio (peniques) | 33 |
| 30 |
| 26 |
| 26 | |
|
|
|
|
| ||||
|
|
|
|
|
| Impacto en el estado de resultados integrales |
Compartir opciones The Group recognised a charge of £nil in profit or loss for the year ended 31 December 2023 (2022: £707,100. The expense is comprised of £nil (2022: £582,317) relating to directors (see Note [11]) and £nil (2022: £124,783) relating to staff and consultants.
Títulos de acciones The Group recognised a charge of £nil in share premium for the year ended 31 December 2023 (2022: £1,173,766). |
7. | Activos intangibles |
|
|
|
| Exploración
| ||||
|
|
|
| y
| ||||
|
|
|
|
| evaluación | |||
|
|
|
|
| activos | |||
|
|
|
|
|
| £ | ||
Cost |
|
|
|
|
| |||
Al 1 de enero de 2022 |
|
|
|
|
| 3,380,913 | ||
Adiciones |
|
|
|
|
| 5,288,557 | ||
Adquisición de Taronga |
|
|
|
|
| 18,558,503 | ||
Conversión de moneda |
|
|
|
|
| 139,579 | ||
|
|
|
|
| ||||
|
|
|
|
| ||||
Al 31 de diciembre de 2022 |
|
|
|
|
| 27,367,552 | ||
|
|
|
|
| ||||
Adiciones |
|
|
|
|
| 6,356,040 | ||
Subvención del Gobierno |
|
|
|
|
| (218,212) | ||
Conversión de moneda |
|
|
|
|
| (420,619) | ||
|
|
|
|
|
| |||
|
|
|
|
|
| |||
Al 31 de diciembre de 2023 |
|
|
|
|
| 33,084,761 | ||
|
|
|
|
| ||||
|
|
|
|
|
Los activos intangibles corresponden a los proyectos de estaño Tellerhäuser y Taronga ubicados en el sur de Sajonia, en el este de Alemania y Australia, respectivamente.
Los Directores evalúan el deterioro cuando los hechos y circunstancias sugieren que el valor en libros de un activo de Exploración y evaluación ("E&E") puede exceder su monto recuperable. Al realizar esta evaluación, los Consejeros tienen en cuenta los hechos y circunstancias señalados en el párrafo 6 de la NIIF 20. Al realizar su evaluación de cada uno de estos factores, al 31 de diciembre de 2023, los Consejeros tienen:
a) revisó el período de tiempo en el que el Grupo tiene derecho a explorar el área y no observó casos de vencimiento, ni licencias que se espera que expiren en un futuro cercano y no se renueven; b) determinó que se presupuestan o planifican gastos adicionales de E&E para todas las licencias; c) no decidió descontinuar la actividad de exploración por falta de recurso mineral cuantificable; y d) no se identificaron casos en los que existan datos suficientes para indicar que hay licencias en las que es poco probable que el gasto en E&E se recupere mediante un desarrollo o venta exitosos.
Sobre la base de la evaluación anterior, los Administradores no tienen conocimiento de ningún hecho o circunstancia que sugiera que el importe en libros del activo E&E pueda exceder su importe recuperable. |
8. | Propiedad, planta y equipo. |
|
|
|
|
|
|
|
| ||
| Tierra & |
| Motor |
| Accesorios y |
|
| ||
| Edificios |
| Vehículos |
| Neumáticos |
| Total | ||
| £ |
| £ |
| £ |
| £ | ||
Cost |
|
|
|
|
|
|
|
| |
Al 1 de enero de 2022 |
| - | 38,803 | 37,797 | 76,600 | ||||
Adiciones |
| 415,220 | 110,583 | 75,104 | 600,907 | ||||
Adquisición de Taronga |
| 965,939 | - | 34,202 | 1,000,141 | ||||
Conversión de moneda |
| (21,179) | 1,658 | 3,119 | (16,402) | ||||
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
| ||
Al 31 de diciembre de 2022 |
| 1,359,980 |
| 151,044 |
| 150,222 |
| 1,661,246 | |
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
| ||
Adiciones |
| 847,609 |
| 18,800 |
| 158,250 |
| 1,024,659 | |
Disposiciones |
| - |
| (30,755) |
| (7,967) |
| (38,722) | |
Conversión de moneda |
| (63,379) |
| (5,820) |
| 1,621 |
| (67,578) | |
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
| ||
Al 31 de diciembre de 2023 |
| 2,144,210 |
| 133,269 |
| 302,126 |
| 2,579,605 | |
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
| |
Depreciación |
|
|
|
|
|
|
|
| |
Al 1 de enero de 2022 |
| - | 17,567 | 30,182 | 47,749 | ||||
Cobrar por año |
| - | 9,334 | 11,263 | 20,597 | ||||
Conversión de moneda |
| - | 1,160 | 1,992 | 3,152 | ||||
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
| ||
Al 31 de diciembre de 2022 |
| - |
| 28,061 |
| 43,437 |
| 71,498 | |
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
| ||
Cobrar por año |
| - |
| 12,766 |
| 41,499 |
| 54,265 | |
Disposiciones |
| - |
| (15,277) |
| (5,436) |
| (20,713) | |
Conversión de moneda |
| - |
| (627) |
| 521 |
| (106) | |
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
| ||
Al 31 de diciembre de 2023 |
| - |
| 24,923 |
| 80,021 |
| 104,944 | |
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
| ||
Valor neto contable |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
| ||
Al 31 de diciembre de 2023 |
| 2,144,210 |
| 108,346 |
| 222,105 |
| 2,474,661 | |
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
| ||
Al 31 de diciembre de 2022 | 1,359,980 | 122,983 | 106,785 | 1,589,748 | |||||
|
|
|
|
|
|
|
|
9. | Cuentas comerciales y otras cuentas por cobrar |
2023 | 2022 | |||
£ | £ | |||
Pagos anticipados y otras cuentas por cobrar | 149,423 | 386,287 | ||
Impuestos al valor agregado recuperables | 129,502 | 422,424 | ||
| ||||
| ||||
278,925 | 808,711 | |||
|
10. | Comerciales y otras cuentas a pagar |
2023 | 2022 | |||
£ | £ | |||
Comercio a pagar | 945,903 | 761,512 | ||
Acumulaciones | 495,046 | 949,004 | ||
Otras cuentas por pagar | 87,533 | 94,782 | ||
| ||||
| ||||
1,528,482 | 1,805,298 | |||
|
11. | Transacciones con partes relacionadas |
Retribuciones y honorarios de los consejeros
A continuación se detalla la remuneración y honorarios de los Consejeros: |
Año terminado el 31 de diciembre de 2023 |
|
|
|
|
| Basado en acciones |
|
| |
|
|
| Costes |
| pagos |
| Total | ||
|
|
| £ |
| £ |
| £ | ||
Señor T Buenger |
|
|
| 283,250 |
| - |
| 283,250 | |
Mr W A Scotting* |
|
|
| 18,000 |
| - |
| 18,000 | |
Mr C Cannon Brookes** |
|
|
| 35,000 |
| - |
| 35,000 | |
Sra. C. Apthorpe |
|
|
| 40,000 |
| - |
| 40,000 | |
Sr. Cornelio |
|
|
| 30,000 |
| - |
| 30,000 | |
Sr. I. Hofmaier |
|
|
| 45,000 |
| - |
| 45,000 | |
Mr N Mather*** |
|
|
| 27,136 |
| - |
| 27,136 | |
Mr R G J Ainger |
|
|
| 14,464 |
| - |
| 14,464 | |
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
| ||
|
|
| 492,850 |
| - |
| 492,850 | ||
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
* Fees relating to Mr W A Scotting are paid to Hunter Rimac Associates Limited. ** Fees relating to Mr C Cannon Brookes are paid to Arlington Group Asset Management Limited. ** Fees relating to Mr N Mather are paid to Samuel Capital Pty. | |
11. | Transacciones con partes relacionadas (continuación) |
Remuneración y honorarios de los directores (continuación) |
Año terminado el 31 de diciembre de 2022 |
|
|
|
|
| Basado en acciones |
|
| |
|
|
| Costes |
| pagos |
| Total | ||
|
|
| £ |
| £ |
| £ | ||
Señor T Buenger |
|
|
| 378,267 |
| 374,347 |
| 752,614 | |
Sr. C. Cannon Brookes* |
|
|
| 32,769 |
| - |
| 32,769 | |
Sra. C. Apthorpe |
|
|
| 32,769 |
| - |
| 32,769 | |
Sr. Cornelio |
|
|
| 29,128 |
| - |
| 29,128 | |
Sr. I. Hofmaier |
|
|
| 29,250 |
| - |
| 29,250 | |
M N Mather** |
|
|
| 7,500 |
| - |
| 7,500 | |
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
| ||
|
|
| 509,683 |
| 374,347 |
| 884,030 | ||
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
| ||
* Fees relating to Mr C Cannon Brookes are paid to Arlington Group Asset Management Limited. ** Fees relating to Mr N Mather are paid to Samuel Capital Pty. |
Otras tarifas y transacciones
Mr C Cannon Brookes was a director of Arlington Group Asset Management Limited ("Arlington") for the period under review. During the year, Arlington invoiced and was paid £85,000 in respect of financial advisory fees and director's fees (2022: £876,004 in respect of fund-raising commissions and expenses, financial advisory fees and director's fees). In the year ended 31 December 2022, Arlington was granted 2,500,000 warrants, with an exercise price of 33 pence, exercisable over a period of two years from the date of grant. The Group recognised a charge against share premium of £176,766 in respect of these warrants. No warrants were issued during the current period.
Mr R G J Ainger was a director of RFA Consulting Limited ("RFA") for the period under review. During the year, RFA invoiced and was paid £36,000 in respect of company secretarial services (2022: £36,000). |
12. | Capital social |
| 2023 | 2022 | ||
£ | £ | |||
Asignado, llamado y pagado en su totalidad |
| |||
265,534,972 (2022: 265,534,972) Acciones ordinarias de £0.001 cada una | 265,535 | 265,535 | ||
|
Las acciones tienen adjuntos plenos derechos de voto, dividendo y distribución de capital (incluso en liquidación); no confieren ningún derecho de redención. |
13. | Partido controlador definitivo |
En opinión de los Directores, no existe una parte controladora. |
RNS puede usar su dirección IP para confirmar el cumplimiento de los términos y condiciones, para analizar cómo interactúa con la información contenida en esta comunicación y para compartir dicho análisis de forma anónima con otros como parte de nuestros servicios comerciales. Para obtener más información sobre cómo RNS y la Bolsa de Valores de Londres utilizan los datos personales que nos proporciona, consulte nuestra Política de privacidad.