JUNIORMETRICS

Firebird Metals LimitedF

FRBMF·FRB·US$0.076 (AUD 0.11)·US$13.9M cap
OtherOakover Manganese Project (East Pilbara Manganese Province, Western Australia) Map

Firebird Metals Limited (ASX: FRB), Peppermint Grove-based, holds 100% of the Oakover Project, east of Newman in Western Australia's East Pilbara Manganese province, plus the nearby Hill 616 project, and is developing an integrated manganese-to-cathode-active-material platform (a demonstration plant at Osborne Park, Perth, secured Aug 2026, equipment commissioning targeted Q4 2026, under an A$2.0M ARENA grant and a portfolio of 5 core LMFP patents held under exclusive ex-China licence through 2045). The company carries a current combined JORC Mineral Resource Estimate across both projects: Oakover 176.7Mt @ ~10% Mn (105.8Mt Indicated) plus Hill 616 57.5Mt @ 12.2% Mn (Inferred) = ~234Mt total, reported since at least Mar 2023 and still presented as current in the company's Aug 2026 investor-roadshow materials.

Notable vs. Peers

  • Trading within 4% of its 52-week low — weak recent price momentum.

Lifecycle Milestones

Grassroots
Resource Def.Current
PEA
PFS
Feasibility
Permitting
Construction
Production
Not yet researched
Weak track recordStrong track record
6/10
Thin runwayWell-capitalized
6/10 vs.
How this is calculated
Not scored (no size scale for manganese)
10,685,800 t Mn on file
Weaker depositStronger deposit
How this is calculated
6.6/10
Harder place to buildEasier place to build
6.6/10 vs.
What goes into it
  • Jurisdiction (40%)9/10

    Western Australia: Fraser PPI 2025 is 88.53 of 100 (rank 13 of 68), which maps to 9 on this site's scale. Western Australia (East Pilbara Manganese province) is a Tier-1, well-established Australian mining jurisdiction.

  • Infrastructure (40%)No verified figure

    Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Oakover Manganese Project, East Pilbara Manganese Province, Western Australia (checked Sep 26, 2026; recheck due Mar 25, 2027). Counts at a neutral 5/10 until one does.

  • Nearby producing mine (20%)Not yet researched

    No project coordinates on file yet, so distance to a producing mine can't be measured.

5.7/10
Weaker profileStronger profile
5.7/10 vs.
Price Chart
$0.117$0.11$0.146$0.126$0.076SepDecAprJulOct
Sep 17, 2025 – Oct 15, 2026
Stage change
$0.076
+9.8%from low-67.5%from high
$0.07$0.23
$13.9M
Far belowFar above
$13.9M vs. $16.8M peer median
Price (USD - Local)
US$0.076 (AUD 0.11)
Cash Position (USD)
$2.5M
Far belowFar above
$2.5M vs. $1.7M peer median
Debt (USD)
Far aboveFar below
$0 vs. $0 peer median
$11.4M
Far belowFar above
$11.4M vs. $12.9M peer median
182.4M
Far aboveFar below
182.4M vs. 233.6M peer median
Jurisdiction
Australia
10,685,800 t Mn
Feeds Deposit Quality score
Indicated10,685,800 t Mn
Inferrednot scored13,821,400 t Mn
Total resource24,507,200 t Mn
Far belowFar above
10.7M t vs. 1.8M t peer median
Compares M&I only — Inferred isn't compared or scored.
$1.07/t
M&I
Total resource (incl. Inferred)$0.466/t
Peer median $21.41/t
Far aboveFar below
$1.07/t vs. $26.13/t peer median
All-In Sustaining Cost
-$2.2M
Far belowFar above
-$2.2M vs. -$3M peer median
-$0.012
Far belowFar above
-$0.012 vs. -$0.011 peer median

Acquisition Susceptibility

How this is calculated
4.7/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.

How this score is built

  • Disclosed pending deal
    Sub-score: Not scored

    No pending acquisition or merger disclosed (checked)

    Not scored: having no deal in flight isn't held against a company.

    Weight 26.25%
  • Producer's strategic stake
    Sub-score: Not scored

    No producer holds a disclosed stake on file (holder register researched) See holders

    Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.

    Weight 25%
  • Distance to a producing mine
    Sub-score: Not yet researched

    Distance not yet researched: no project coordinates on file

    Distance can't be measured without coordinates, so excluded rather than counted as far.

    Weight 22.5%
  • Lifecycle stage
    Sub-score:
    3.5/10

    Stage: Resource Definition

    Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.

    Weight 15% · 57% here
  • Jurisdiction
    Sub-score:
    9/10

    Australia: jurisdiction score 9/10

    Our jurisdiction score, used as is: higher means lower political and permitting risk.

    Weight 6.75% · 26% here
  • Commodity
    Sub-score:
    2/10

    Primary commodity: Other

    Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.

    Weight 4.5% · 17% here

Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.

Overall Score Trend
-40% since 2026-09-17 · -40% from peak

Your Rankings

Community Sentiment
—SELLINGBUYING
CategoryCommunityYour Ranking
Overall— (0) 
Management— (0) 
Financials— (0) 
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Management Team

Executive Chairman of Firebird Metals Limited (ASX: FRB, from 31 Oct 2025) and of Benz Mining Corp. Corporate/mining-law background; principal of Konkera Corporate; B.Com/LLB, University of Western Australia. Also Non-Executive Chairman of Carbine Resources Ltd, Vital Metals Ltd and African Gold Ltd.

Chief Executive Officer of Firebird Metals Limited (ASX: FRB, since 3 Nov 2025). 25+ years senior commercial/strategy/sales/business-development roles, incl. 15 years specialising in lithium, battery materials and critical minerals. Source: kalkine.com.au; theglobeandmail.com Firebird CEO-appointment coverage.

Executive Director and Chief Financial Officer of Firebird Metals Limited (ASX: FRB) and, through his consulting company, Chief Financial Officer of PC Gold Ltd -- as well as of Perpetual Resources Limited and Northam Resources Limited. Chartered Accountant with over 20 years of resource-industry experience, particularly in manganese-related fields, spanning international trade, capital markets, project management of IPOs and spin-outs, and financial accounting, and has served as Director and CFO of several predominantly resource-sector companies. Formerly managed a private base-metal exploration company in the Northern Territory of Australia and assisted in commissioning an A$150M Electrolytic Manganese Dioxide plant in Hunan, China. Sources: firebirdmetals.com.au/about/corporate-directory/; marketindex.com.au.

Non-Executive Director of Firebird Metals Limited (ASX: FRB). Experienced mining executive with 25+ years in the mining and power industry; dual tertiary qualification in Engineering and a Master's in Business. Source: search aggregation of Firebird Metals corporate-directory coverage.

Company Secretary of Firebird Metals Limited (ASX: FRB, since 10 Jun 2024); also Company Secretary - Australia of Benz Mining Corp. 15+ years' experience with ASX-listed resources companies as a company secretary and non-executive director.

Executive Chair and Chief Executive Officer of PC Gold Ltd.; also a non-executive director of Firebird Metals Limited. Chartered accountant with experience in corporate finance, strategy and operations across gold and copper mines in Australia and South America; prior roles at Deloitte. Bachelor of Business, Swinburne University.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money

No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

A plain-language summary of this company's technical-report findings isn't written yet. See the cited figures on this page and the documents below.