🔥 Friday 16 October 2026 Fri, 16 Oct 2026

Cue Energy delivered $19.8 million in operating cash flow and maintained its dividend in FY2026, despite lower profit, shrinking reserves and asset impairments. With Horizon Oil now controlling 57.03% of the register, the company enters FY2027 with a new board and an unusually busy drilling schedule.

Vysarn delivered another year of rapid earnings growth, with revenue rising 31% and net profit after tax climbing 41% to $15.11 million. The bigger test now is whether its $65.3 million capital raise and Welltech acquisition can turn a growing collection of water businesses into a genuinely national platform.

Arrow Minerals is seeking to expand its Pilbara iron ore footprint to more than 1,600 square kilometres through the Turee Creek acquisition and 12 new exploration applications. The land grab comes with historical high-grade results, but all relevant tenure remains pending and no resource has been defined.

Australian Vintage has returned to positive operating cash flow, but its FY26 statutory loss widened sharply after a $27 million inventory write-down and deferred tax charge. The wine group is betting that Poco Vino growth, further restructuring and lower stock levels can convert the cash improvement into debt reduction in FY27.

Forrestania Resources says Edna May could process first ore and begin gold production in mid-December 2026, bringing forward the company’s near-term production pathway. The target remains conditional on final equipment arriving and being installed on time.

Aura Energy’s Tiris uranium project has emerged from its bankable feasibility study with a US$500.3 million post-tax NPV and a target to produce by the end of 2028. The economics are substantial, but the funding package is not secured and nearly one-third of the mine plan relies on Inferred Resources.

InFocus Group has signed its first Codexa ROW customer, with a conditional agreement that could deliver at least USD 2.4 million over 24 months. The company must first build and validate a prediction markets module, secure regulatory readiness and complete the customer's licensing and SPV arrangements.

Deep Yellow has withdrawn its target for a fourth-quarter 2026 Final Investment Decision on the Tumas uranium project, citing weak equity market conditions and constrained funding options. Construction continues, but the company has not provided a revised FID date or funding structure.

Vitura Health grew FY2026 revenue 6% to $131.2 million, but a sharp margin squeeze pushed the ASX-listed digital health company into a $4.4 million statutory loss. With ANZ debt classified as current and a potential $6 million FY2027 revenue hit from changed Bupa referrals, the promised turnaround faces a demanding test.

Firebrick Pharma has secured Philippine marketing approval for Nasodine Nasal Spray as an over-the-counter antiseptic, opening a potential launch in the 116 million-person market from early 2027. The approval remains subject to post-approval documentation and future revalidation.

Shaver Shop Group Limited (ASX:SSG) delivered record FY2026 sales, gross profit and operating cash flow, but flagged a softer-than-expected start to the new financial year. Transform-U reached $18 million in sales, while supplier logistics issues and promotional timing weighed on early FY2027 trading.

Dusk Group has carried its FY26 momentum into the new financial year, with like-for-like sales up 7.2% in the first 15 weeks despite operating six fewer stores. The home-fragrance retailer is now preparing a tightly controlled South African launch while an unresolved ACCC court case remains a material complication.

MGX Resources has reported a $30.2 million FY2026 net loss as it winds down Koolan Island and redirects its balance sheet towards the 50%-owned Central Tanami gold project. The company still held $412.1 million in cash and investments at year-end, but its next phase will require execution across approvals, drilling and underground development.

Tungsten Mining has reported broad, deeper-than-modelled tungsten zones from the first 16 holes of its Mt Mulgine expansion program, including a 292-metre intersection at 0.11% WO3. The results strengthen the case for resource growth, but remain exploration results rather than a revised Mineral Resource estimate.

Alcoa delivered a $483 million third-quarter profit and its sixth consecutive quarter of higher aluminium production, while South32 shareholders approved the company’s planned upstream asset acquisition. The deal remains targeted for completion in the first half of 2027, with $2.6 billion of acquisition financing now raised.

Haranga Resources has opened its second Lincoln drilling campaign with a high-grade 32-metre gold intercept, including a 1-metre section at 51.4g/t. The result is encouraging for a resource-confidence programme, but the reported interval is downhole rather than true width and the campaign remains unfinished.

Santana Minerals has moved the Bendigo-Ophir Gold Project closer to development, with a draft Fast-track Approvals decision expected in the December quarter and a competitive project debt process now underway. Strong Rise and Shine drilling and an A$179.7 million quarter-end cash balance provide further support, although construction remains conditional on approvals, financing and a final investment decision.

PLS has approved the A$1.9 billion P2000 expansion, targeting roughly 2 million tonnes a year of spodumene concentrate from Pilgangoora by 2029. The investment comes alongside a 31% increase in contained lithium reserves and a separate underground growth option.

Australian Finance Group used its 2026 AGM to highlight a stronger, less volume-dependent earnings base after statutory profit rose 39% in FY26. AFG Securities’ loan book has since reached $7.3 billion, while recent investments are expected to add $13 million to FY27 EBITDA under stated assumptions.

Clime Investment Management lifted FY26 net profit by 57% and nearly tripled net tangible assets after selling, closing or transferring several businesses. But KPMG qualified its audit opinion over evidence supporting millions of dollars in CAM-related revenue and receivables.

SkyCity has signed a conditional agreement to sell The Grand Hotel and its business assets for $221 million, converting a previously proposed transaction into a binding deal. The proceeds are intended to repay debt, although completion still depends on Overseas Investment Office consent and other conditions.