Latest Cost Optimisation News

Raiden Resources has expanded its Phase 2 drilling at the Vuzel Gold Project in Bulgaria, confirming significant gold mineralisation and increasing its stake to 75%. Meanwhile, the company retains full ownership of the Arrow Gold Project after a partner withdrawal.

Peter Warren Automotive Holdings signals a stronger finish to FY25 with an expected $22 million underlying profit, driven by strategic marketing and cost efficiencies. Investors await the full results due in August.

Elixinol Wellness has appointed Natalie Butler as CEO and Adam Dimitropoulos as CFO, signaling a strategic push to strengthen leadership and drive growth.

Oceania Healthcare Limited reported a robust FY25 with a 9.2% rise in sales volume and a 5.8% increase in comprehensive income, underpinned by a successful $500 million debt refinancing and operational enhancements.

Hawsons Iron Ltd confirms the technical viability of a fully dry processing circuit for its Hawsons Iron Project, promising cost and environmental benefits. An updated prefeasibility study and maiden ore reserves are expected soon.

MedAdvisor Limited has successfully closed its Share Purchase Plan, raising $2.668 million—exceeding its $2 million target—and plans an upcoming shareholder meeting to approve director share issuances.

Mighty Kingdom Limited reports a positive operating cash inflow and significant cost reductions in Q3 FY25, alongside leadership changes and a $3.35 million capital raise underway to fuel growth.

XPON Technologies reported a modest 1% quarter-on-quarter revenue increase to $2.09 million in Q3 FY25, driven by a strong 87% recurring revenue base and a 75% gross margin. The company extended its convertible note maturity and is focused on recalibrating sales and accelerating AI innovation.

OpenLearning Limited reported a 12% year-on-year increase in SaaS annual recurring revenue to $2.364 million in Q1 FY25, driven by AI-powered product adoption and international customer growth. Strategic acquisitions and partnerships are positioning the company for larger contracts and diversified revenue streams.

Harvest Technology Group reported a 19% improvement in normalized EBITDA for Q3 FY25 alongside a $1.6 million capital raise, reinforcing its strategic plan to achieve profitability by FY27.

1414 Degrees Ltd advances its transformation into a full-service decarbonised energy provider, delivering key technology and commercial milestones in Q3 FY25 while maintaining a stable cash position.

Hydrix Limited reports improved operating performance in Q3 FY25, buoyed by FDA clearance of its Gyder Surgical Hip Navigation system and a reduced cash operating loss, while managing tight liquidity with shareholder support.