Companies / GRL

GODOLPHIN RESOURCES LIMITED

ASX:GRLMaterials
848.6M shares on issueASX (delayed) · as of 28 July 2026$0.017price · delayed$13.6Mmarket cap · indicative
C
Dilution grade

Share count grew 297% in 24 months; 6 cash raises in 24 months; runway 4–8 quarters

Cash runway5.2 quarters of funding
Share-count growth (24m)296.7%
Raise cadence (24m)6 cash raises
Options & rights overhang8.9% of shares
In-the-money supply0.1% of shares
Pending proposed issuesnone

GODOLPHIN RESOURCES LIMITED's ordinary share count grew 296.7% between June 2024 and July 2026, to 849M shares. The company raised capital six times in that period for total disclosed proceeds of A$13.8M, most recently a A$2.5M placement in April 2026. Options and rights on issue could convert into 75M new shares, equal to 8.9% of the current share count, with 0% of current shares in the money and the nearest expiry in November 2026. At the March 2026 quarter the company reported A$3.8M in available cash, representing about 5.2 quarters of cover. 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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8.9%
Max option dilution
0.1%
ITM option dilution
4
Raises · last 12 months
5.2 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 848.6M per ASX (delayed) (28 July 2026).
428.0M582.4M736.8MDec 24Sept 25July 26Cash raise · 27 Apr 2026Cash raise · 27 Apr 2026Cash raise · 28 Aug 2025Cash raise · 25 Aug 2025Cash raise · 21 Mar 2025

Cash runway

5.2 qtrs
More than four quarters of funding at the recent spend rate.
$3.8M 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
20 July 20262A · quoted issueGRL : ORDINARY FULLY PAID848.6MAppendix 2A
6 July 20263G · unquotedGRL : ORDINARY FULLY PAID847.4MAppendix 3G
6 May 20263G · unquotedGRL : ORDINARY FULLY PAID700.3MAppendix 3G
5 May 20262A · quoted issueGRL : ORDINARY FULLY PAID847.4MAppendix 2A
24 Nov 20253G · unquotedGRL : ORDINARY FULLY PAID696.2MAppendix 3G
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

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

$2.5M
Placement
27 Apr 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

8.9%
Total overhang · of current shares
0.1%
In the money · at current price
75.3M
Potential new shares
Nov 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
24 Nov 2025Christopher GibbsOther4.2M2.0M—3Y notice
24 Nov 2025Jeneta OwensOther2.8M6.0M—3Y notice
24 Nov 2025Jeremy ReadOther5.0M4.0M—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 2026Results of Meeting and Additional Clarifications
27 July 2026General Meeting Update
26 July 2026General Meeting Update
20 July 2026Cleansing Notice
20 July 2026Application for quotation of securities - GRL
16 July 2026Investor Webinar Presentation
12 July 2026Investor Webinar
8 July 2026$PMatrix IPO Update and Narraburra Project Valuation
6 July 2026Notification regarding unquoted securities - GRL
30 June 2026$PMineralogy Defines Pathway to Improved Gold Silver Recovery
30 June 2026Results of Meeting
29 June 2026General Meeting Presentation
22 June 2026Notice of General Meeting/Proxy Form
21 June 2026$PNew Massive and Semi Massive Sulphide Discovery
15 June 2026$PGreat Plains Completes Initial Earn-In Milestone
14 June 2026Corporate Update
9 June 2026Corporate Update
4 June 2026Corporate Update
2 June 2026Change of name and ASX code to Orbit Resources Limited
1 June 2026$PDivestment of Calarie Project to Adavale Resources

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