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Hammer’s Kalman results shine as Austral takeover reaches decisive vote

12:43pm on Thursday 29th of October, 2026 AEDT • Mining
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Hammer’s Kalman results shine as Austral takeover reaches decisive vote

12:43pm on Thursday 29th of October, 2026 AEDT
Key Points
  • A$2.20 million FY2026 net loss, compared with A$2.92 million in FY2025
  • A$1.53 million cash at 30 June 2026 and A$3.0 million drawn from Austral’s facility by the Scheme Booklet date
  • Kalman drilling returned 165 metres at 2.24% recovered copper equivalent
  • Austral Scheme and Western Australian gold demerger votes scheduled for 9 November
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