Latest Cash Flow News

Gullewa Limited reported a positive cash flow quarter ending March 2025 and increased its ownership in Central Iron Ore Limited to 54.46%, signaling strategic consolidation in its iron ore interests.

Xstate Resources has acquired a 51% stake in the Diona project, setting the stage for its ASX re-quotation and a planned drilling campaign in the third quarter of 2025. The company is also undertaking a capital raise of at least $1.5 million to support these initiatives.

Hydralyte North America reported a 16% rise in Q1 FY25 net sales and improved gross margins, supported by a strategic capital raise and upcoming product launches targeting brain and gut health.

Metgasco Limited reported a modest quarterly profit supported by steady gas production from its Odin and Vali fields, while approving a production uplift program to boost future output. Despite challenges including flooding delays and lower LPG sales, the company secured a six-year licence renewal, positioning it for growth in the Cooper Basin.

Mount Burgess Mining reports encouraging hydrometallurgical test results from its Nxuu polymetallic deposit, achieving high recoveries for zinc, vanadium, and rare earth elements. The company also completed a modest capital raise to support ongoing project development.

Highfield Resources has made significant progress on its strategic transaction with Yankuang Energy and Beijing Energy, securing key regulatory approvals and restructuring its financing amid disciplined cost management.

Otto Energy reported steady revenue of US$5.2 million in Q1 2025 despite a 9% production decline, offset by higher commodity prices and a significant insurance claim. The company also strengthened its cash position and reduced operating costs.

GBM Resources Limited reports significant progress in its exploration programs and asset sales for Q1 2025, including a key Mt Morgan divestment and ongoing farm-in developments at Mt Coolon.

Corella Resources has successfully completed a fully underwritten rights issue raising $935,487, positioning the company to advance exploration at its Tampu Project and consider new opportunities.

Imagion Biosystems has progressed its MagSense HER2 breast cancer imaging agent towards a pivotal Investigational New Drug application with the FDA, backed by a solid funding runway exceeding 13 quarters.

Inventis Limited reported solid Q3 cash generation and strong technology sales growth, while actively pursuing international expansion and a $2.5 million USD capital raise for its US Hazavoid entity.

DMC Mining Group reported a modest cash outflow for the March quarter while securing a key loan facility variation and progressing a $6 million capital raising to support ongoing operations.