Latest Boardroom Shifts News

Terragen has completed the induction of 10,600 cattle into its largest feedlot trial and secured Brazilian approval for its probiotic feed additive. But customer receipts fell to $255,000 for the September quarter, while cash declined to $5.73 million amid a CEO departure and chair transition.

McPherson’s has entered FY27 with first-quarter sales about 11% below the prior corresponding period, after a disappointing FY26 loss and a costly operating transition. The company says EBITDA growth remains achievable, but its transformation now faces a test of execution and leadership change.

Strickland Metals has ended the September quarter with a 9.25Moz AuEq resource at its Rogozna project, new geophysical targets in Serbia and A$75.7 million in cash and liquid investments. The next test is execution: drilling did not begin, licence approvals remain pending and a new managing director is yet to be appointed.

Sunshine Metals has advanced three Queensland development threads, with Liontown’s preliminary study outlining $179.8 million in estimated net operating cashflow after capital and Mt Moss still targeting first gold in mid-2027. The gains come with a funding question, as the company held $15.2 million in cash at quarter-end and has a financing update due in November.

Jupiter Mines delivered Tshipi production and sales ahead of plan in the September quarter, but weaker manganese prices, higher freight and lower sales volumes sharply reduced earnings. Attributable cash fell to A$52.7 million after dividends and working capital outflows.

Raiz Invest delivered solid Q1 FY27 growth, with funds under management rising 20.2% to $2.40 billion and customer numbers reaching 354,202. But the fintech still cannot reliably quantify the potential impact of historical tax matters now under expert and regulatory review.

TALi Digital closed its September quarter with $3.9 million in cash after completing a $3.3 million capital raise and winning shareholder approval for the Datasphere transaction. The company has also exercised an option to negotiate exclusive worldwide rights to Technion in-memory computing technology, although the licence remains unsigned and the technology unproven at commercial scale.

ImpediMed lifted quarterly revenue and recurring revenue, but weaker-than-expected BCRL sales and a near-total sales team rebuild have put its path to cash-flow break-even under pressure. The company ended September with $11.6 million in cash and 4.7 quarters of funding at the quarter’s operating burn.

Lithium Universe ended September with A$429,000 in cash and estimated funding of just 0.82 quarters after reporting no exploration, development or production activity. The company says it is reducing operating expenditure and assessing further funding options.

Encounter Resources has reported thick, high-grade niobium intersections across its Aileron project, while a new copper corridor at Yeneena adds another potential growth avenue. The September quarter also brought a strategic review of the copper portfolio, leadership changes and $20.35 million in cash.

DigitalX ended September with $60.7 million in cash, digital assets and investments, no debt and a completed $3.1 million share buy-back. The company is seeking approval for another 120 million-share buy-back while weighing AI and blockchain acquisitions.

Impact Minerals is recasting itself as a high-purity alumina developer, with Lake Hope advancing towards a definitive feasibility study and Alluminous reaching pilot-plant milestones. But the annual report also flags a material uncertainty over funding, while a board refresh and managing director departure add to the company’s transition.