Strandline Resources Limited

Strandline Resources Limited

STQNF
Strandline Resources LimitedUS flagOther OTC
0.17
USD
- -
- -
251.56MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.05
0.06
Basic EPS, GAAP
-0.04
-0.34
-0.04
-0.44
-0.02
-0.02
-0.02
-0.02
-0.02
-0.02
-0.01
-0.01
-0.13
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.45
1.08
1
0.15
0.14
0.04
0.03
0.03
0.02
0.2
0.15
0.13
0.01
Tangible Book Value per Share
1.52
1.15
1.06
0.2
0.16
0.05
0.04
0.04
0.03
0.21
0.15
0.13
0.01
Basic Weighted Avg Shares
21
23
25
50
100
224
284
309
403
645
1,147
1,250
1,463
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
61
86
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-17.09
-224.25
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-1
-8
-1
-22
-2
-5
-5
-7
-8
-13
-9
-11
-194
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-18.83
-225.06
Working Capital
1
1
- -
- -
1
3
3
5
5
101
97
-8
-241
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
3
165
195
32
Total Equity
32
27
27
10
16
11
11
13
13
135
175
167
8
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-2.78
-28.6
-4.08
-134.9
-17.02
-44.27
-56.45
-79.42
-90.95
-18.52
-6.06
-6.83
-224.97

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
88.38%
177.95%
-95.44%
Free Cash Flow
- -
- -
-53.79%
Net Income, GAAP
382.65%
332.83%
1,593.64%
Sales/Revenue/Turnover
- -
- -
41.66%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
61
2024
- -
- -
- -
- -
86

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
-0.01
2023
- -
- -
- -
- -
-0.01
2024
- -
- -
- -
- -
-0.13

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Jozsef M. J. Patarica
Sector
Basic Materials
Industry
Industrial Materials
Address
London House Perth WA Australia 6000
IPO Date
Jul 7, 2023
Business
Strandline Resources Limited engages in the exploration, development, and production of mineral sands, focusing on critical minerals such as zircon, titanium feedstocks (rutile and ilmenite), and rare earth elements primarily contained in monazite. The company’s core products include heavy mineral concentrate (HMC), zircon, rutile, ilmenite, and monazite, which have applications in industries ranging from ceramics, pigments, and plastics to aerospace, defense, medical, and technology. Strandline’s flagship asset is the Coburn Mineral Sands Project in Western Australia, designed to be a large-scale, capital-efficient operation producing a suite of zircon and titanium products. Additionally, the company historically held mineral sands assets in Tanzania through joint ventures but has divested these projects. Strandline also provides mineral sands exploration services and advances developmental projects within Australia and previously in East Africa. In terms of recent major corporate developments, Strandline Resources completed the sale of its Tanzanian mineral sands projects to a subsidiary of Shenghe Resources Holding Co., a major Chinese rare earth and mineral sands developer, for approximately A$43 million in 2024. This divestment allowed Strandline to focus on advancing the Coburn project in Western Australia. The company entered voluntary administration in early 2025 due to challenges in securing timely funding and restructuring its debt, with administrators appointed to manage operations and ongoing financial negotiations. The Coburn project continues to receive support, including a $150 million investment from the Northern Australia Infrastructure Facility (NAIF) to finance infrastructure and processing equipment, underscoring the project’s strategic importance in critical mineral supply chains. Founded in 1999 and headquartered in Perth, Western Australia, Strandline Resources operates primarily across Australia and had a significant footprint in Tanzania until the divestment. The company targets customers in industrial mineral supply chains globally, particularly for high-demand zircon, titanium feedstocks, and rare earths crucial to technology and manufacturing sectors. Strandline operates through subsidiaries and joint ventures, including its prior partnership with the Tanzanian government in the Nyati Mineral Sands project. Strandline's portfolio strategy focuses on delivering high-grade mineral sands through feasibility studies, project development, and operational scaling. Its product suite addresses emerging and established markets requiring critical minerals, supported by ongoing operational advancements and strategic partnerships aimed at ensuring long-term supply reliability for global industries. This summary reflects Strandline Resources Limited’s core products, recent strategic divestments, administration status, and project focus as of late 2025.