♟️ Thursday 29 October 2026 Thu, 29 Oct 2026

INOVIQ will restart its EXO-OC ovarian cancer program through a staged optimisation and verification process after an independent review found sample collection and handling were the main sources of variability. The company is targeting US laboratory-developed test readiness in the first half of 2028, while a leadership change adds another moving part.

Janus Electric ended September with A$3.0 million in cash after a A$5.9 million operating outflow, but has since added A$11 million in CBA facilities and expanded its North American order book to 124 trucks. The next test is whether those funding arrangements convert a sizeable gross order book into customer receipts during Q2 FY2027.

RocketDNA’s unaudited Q3 FY26 revenue rose 31% year-on-year to A$2.46 million, while xBot recurring revenue exceeded half of group revenue for the first time. The shift comes alongside expanding deployments, a A$2.23 million placement and continued cash investment in the platform.

Perpetual says its A$500 million sale of Wealth Management to Bain Capital remains on track for completion by year-end, positioning the group to move into net cash. The AGM also highlighted stronger FY26 earnings and cost savings, but persistent Asset Management outflows remain the central test.

Li-S Energy has delivered its lithium-sulfur Power Cells to a US Army research centre and completed a near two-hour endurance flight with its Pegasus drone. The milestones advance its defence and aerospace commercialisation pipeline, but neither has yet produced a procurement order or confirmed revenue.

Tyranna Resources has ended the September quarter with $2.35 million in cash after selling Namibe and raising $1 million, while its new Coola rare earths and niobium project advances towards drilling. The company also identified five additional artisanal gold workings at Chinguar, but 919 samples and a tenement renewal remain key near-term dependencies.

Dimerix has more than doubled its cash balance after an Everest Medicines licensing payment and a drawdown from a secured funding facility. The ASX-listed biotech is also advancing its fully recruited Phase 3 trial while preparing a second kidney drug for Phase 2 testing.

Odyssey Gold has outlined a potential 79,000-ounce first-stage development at Tuckanarra, backed by a 451,000-ounce resource and fresh high-grade drilling. The project’s path to production remains conditional, however, with the replacement toll milling agreement unresolved and only A$3.027 million in cash.

Reach Resources has moved its Murchison South project closer to mining after Andel exercised its option over the Blue Heaven tenement, while grade-control drilling returned shallow, high-grade gold. The proposed development remains conditional on regulatory, environmental and commercial milestones.

Xamble Group’s revenue held near its record quarter in Q3 CY2026, while gross margin improved and net operating cash outflow fell to A$0.05 million. The turnaround remains incomplete: underlying business EBITDA was still negative and the quarter benefited from A$0.15 million in grant income.

American Uranium has increased its Lo Herma uranium resource by 16% and lifted the Indicated portion by 72%, while positive aquifer testing supports the technical case for in-situ recovery. The gains come with a pressing funding question, as AMU reported only 0.4 quarters of available cash at September end.

Vinyl Group delivered record Q1 FY27 revenue of A$6.33 million and entered the December quarter with record bookings, but ended September with only A$777,000 in cash and 0.45 quarters of reported funding. The company has increased chairman Ken Gaunt’s unsecured facility by A$2 million while it works to collect more than A$5 million in receivables.

Gratifii has put its rebuilt Connect+ Marketplace in front of Qantas, Woolworths MarketPlus and Blackhawk Network, opening distribution channels that reach millions of loyalty members. The commercial momentum came as quarterly cash receipts fell 16.5% and available funding stood at roughly 2.5 quarters.

Alcidion has started FY27 with contracted revenue up 38% to $50.0 million, while a major UK expansion and new patient administration product widen its growth case. The company has also reaffirmed that FY27 revenue and underlying EBITDA will exceed FY26, but its capital plan now has several competing demands.

Champion Iron’s second-quarter earnings collapsed as lower iron ore prices, higher freight and commissioning costs pushed the company into a C$48.4 million net loss. The first commercial DRPF shipment offers a strategic milestone, but the project is yet to deliver the higher prices and operating leverage investors are waiting for.

Titomic has strengthened its balance sheet with A$16.5 million in new equity and approval for a further US$10.3 million EXIM loan, while reporting more than A$11.8 million in orders since September. The progress comes with a sharper funding test: quarter-end cash was A$18.1 million after a A$10.4 million operating outflow, and the EXIM facility remains undrawn.

Metro Mining increased third-quarter shipments by 17% from the previous quarter and secured 4.5 million wet metric tonnes a year of binding offtake for 2027 to 2029. The result came with lower guidance, elevated costs and operational disruptions still weighing on the business.

Omega Oil & Gas has reported its strongest appraisal quarter yet, with Canyon-3 and Canyon-4 confirming thick, stacked oil and gas-bearing intervals in Queensland’s Taroom Trough. The company has also expanded its operated acreage to 2,976 square kilometres while retaining $92.9 million in cash and no debt.

Brightstar Resources says construction of its 1.5Mtpa Laverton processing plant remains on schedule and within budget for first gold in June 2027, while Sandstone continues to expand through drilling and resource upgrades. The September quarter also set up a larger exploration push, backed by an A$82 million placement and Genesis Minerals’ new strategic stake.

Marmota has completed more than 32,000 metres of Stage 3 RC drilling at its Greenewood and Mainwood gold zones, reporting high-grade extensions to the north, south and at depth. The results will feed into the company’s Gawler Gold scoping study, while a 39-hole uranium program awaits native title clearances.

Develop Global delivered record mining and processing volumes at Woodlawn while advancing its lithium and copper growth pipeline. The September quarter also generated A$29.6 million in operating cash flow, although cash fell to A$95.5 million after heavy investment and debt repayments.

Buru Energy has booked 15.25 million boe of 2P reserves for its Rafael gas and condensate project, while advancing environmental and production approvals. The company has $2.5 million in cash, no debt and only 1.24 quarters of estimated funding at its reported expenditure rate, making the next financing a critical step.

Skin Elements has converted its New Zealand Farmlands agreement into a first NZ$150,000 ECO-Nurture delivery, while A$900,000 in placement proceeds lifted quarter-end cash to A$1.455 million. The commercial progress comes alongside a cost review and a regulatory hurdle still standing between the company and broader national sales.

Terra Metals has expanded its Southwest PGM-Cu-Ni discovery to approximately 1,350 metres of strike after drilling 76,000 metres, with a maiden Mineral Resource Estimate targeted for Q1 2027. The company ended September with A$57.9 million in cash, while more than 40,000 samples remained awaiting assay.