Latest Capital Investment News

Delorean Corporation’s SA1 Salisbury renewable gas project is more than 85% complete after the company returned to near break-even EBITDA in FY2026. But the annual report carries a material uncertainty over going concern, leaving commissioning, refinancing and new funding as critical tests for the ASX-listed developer.

APA Group will invest approximately $1.015 billion for an 80% stake in a new 400MW gas peaking plant in Queensland, backed by a 25-year inflation-linked hedge with CS Energy. The Brigalow project is targeted for completion in early 2029 and expands APA’s contracted power generation portfolio.

Invictus Energy has entered FY2027 with A$10.89 million in cash and a funded November drilling target, but its annual report warns that further financing may be required to continue operations. The company also reported a wider A$6.54 million loss for FY2026.

EcoGraf has strengthened the technical and commercial case for its Tanzanian graphite strategy, including a larger Epanko ore reserve and planned downstream processing. But cash fell to A$3.8 million, and auditors flagged a material uncertainty over the company’s ability to continue as a going concern.

Netwealth says two subsidiaries have been served with a class action linked to First Guardian investment options offered through its superannuation master fund. The claim follows a $101 million compensation program completed in January, but the announcement does not disclose the new action’s potential cost.

Iris Cairns Property has lodged a formal, unconditional cash offer for the Reef Casino Trust units it does not already own, valuing the maximum transaction at about A$33.1 million. The bid gives remaining unitholders a 29.54% premium to the latest pre-offer closing price, but points towards tighter liquidity, possible delisting and lower future distributions.

Biome Australia Limited (ASX:BIO) delivered its second consecutive profitable year in FY26, with revenue rising 30% to $23.9 million and operating cash flow turning positive. But the headline $3.6 million profit includes a $2.4 million deferred tax benefit, leaving FY27 execution as the real test of the company’s growth plan.

Korvest has entered FY27 with record work on hand after completing a new 3,500 square metre Kilburn factory, even as FY26 profit and operating cash flow declined. The ASX-listed manufacturer maintained its 40-cent fully franked final dividend and plans another $4 million capacity investment.

Waterco Limited (ASX:WAT) delivered record FY26 EBIT of $23.8 million and lifted net profit after tax 59.6% to $15.4 million, despite only modest revenue growth. The stronger result supports a higher fully franked dividend, but the group is carrying more debt and inventory as it expands manufacturing capacity.

South Port New Zealand delivered record FY26 earnings and cargo volumes, lifting its annual dividend to 29.0 cents per share. The next test is whether its core Southland trade can hold up as one-off wind farm cargo disappears and the port enters a leadership transition.

Vicinity Centres used its 2026 Capability Showcase to make the case for a more concentrated, premium retail portfolio, led by Chadstone and Chatswood Chase. The presentation also set out development returns, balance-sheet capacity and a sizeable residential option beside Chatswood Chase, although much of the value remains dependent on stabilisation, approvals and market conditions.

Pan African Resources has completed a definitive feasibility study for a ZAR3.68 billion Soweto tailings project with a projected 29.55% real ungeared IRR. The proposed operation could add up to 40,000 ounces of annual gold production, but financing, permits and board approval remain ahead of a targeted December 2026 investment decision.