Orpheus Uranium Releases November 2026 Corporate Presentation With $36.7M Market Cap and $7.45M Cash Position

Manish Choudhary

03 November 2026 10:15 AM AEDT

Orpheus Uranium Releases November 2026 Corporate Presentation With $36.7M Market Cap and $7.45M Cash Position

Image Source: Krish Capital Pty Ltd

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Orpheus Uranium (ASX:ORP) has released a corporate presentation dated 2 November 2026, disclosing a market capitalisation of $36.7 million, a share price of $0.087, and cash and liquid investments of $7.45 million as at 30 September 2026, alongside details of its uranium exploration portfolio across South Australia, the Northern Territory, and Western Australia.

Key Points

Shares on issue totalled 421.8 million as at 30 October 2026, with a further 2.5 million shares to be issued upon completion of the Marree Sale Agreement with Adavale Resources (ASX:ADD)
Cash balance of $6.66 million and liquid investments of $0.79 million, comprising 3.75 million shares in Prospect Resources (ASX:PSC), as last reported in the 2026-Q3 Activities report
The company holds a portfolio of uranium exploration projects including Mt Douglas and McArthur in the Northern Territory, Frome, Pirie Basin, Mundaerno, Marree, and Radium Hill South in South Australia, and Oobagooma in Western Australia
A sale agreement has been executed for the Marree project, with the company working toward completion

Portfolio and Project Pipeline

According to the filing, Orpheus Uranium describes its exploration portfolio as strategically positioned adjacent to established JORC resources exceeding 60 million pounds. The company states it holds 100% ownership across its projects and has operations in South Australia, the Northern Territory, and Western Australia. The filing notes that project rationalisation is routinely occurring to minimise unnecessary outgoings and maximise portfolio value. The company's dual strategic approach is described as leveraging uranium-specific experience across both project development and business development of incoming assets.

Near-Term Milestones Disclosed in Presentation

The presentation outlines several near-term milestones for the company. These include development of the Oobagooma project in Western Australia to publish an exploration target, and establishing a framework for land access agreements and stakeholder engagement. The company also discloses plans to progress South Australian projects through regulatory approvals to enable a decision to drill, targeting sedimentary-style mineralisation at Pirie Basin and Marree. Additionally, the filing references testing of mineral systems associated with near-surface samples grading between 1.6% and 4.1% U3O8.

Competent Person and Exploration Results

The filing states that exploration results contained in the presentation were compiled or reviewed by Mr Clinton Dubieniecki, BSc (Hons), who is a Member of the Australian Institute of Geoscientists and a Member of the Australian Institute of Mining and Metallurgy, and a full-time employee of Orpheus Uranium Limited. The filing states Mr Dubieniecki qualifies as a Competent Person as defined in the 2012 edition of the Australasian Code for Reporting of Mineral Resources and Ore Reserves, and that he consents to the inclusion of the matters based on his information in the form and context in which they appear.

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