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Australia United Mining Finds Gold at Forsayth but Faces a Funding Test
8:12am on Wednesday 30th of September, 2026 AEST
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Mining
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Australia United Mining Finds Gold at Forsayth but Faces a Funding Test
8:12am on Wednesday 30th of September, 2026 AEST
Key Points
$596,624 net loss after a $988,626 profit in 2025
Only $20,802 in cash against $3.29 million of liabilities
Forsayth production generated $32,523 for AYM after royalties
Auditor issued an unmodified opinion with a material going concern uncertainty
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Australia United Mining (ASX:AYM)
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