Latest Debt News

Eagle Mountain Mining has emerged from FY2026 with no borrowings, a A$7.27 million accounting profit and a funded 20% interest in its Oracle Ridge copper project. The next test is whether Nittetsu’s drilling and earn-in spending can add value to an asset whose mineral resource has not changed since 2023.

Anagenics says restructuring has reduced quarterly operating cash outflows to A$10,000 and put the business into profitable trading. The company ended September with A$532,000 in cash, while A$377,000 of newly invoiced royalty revenue was still to be received.

RAM Essential Services Property Fund has completed the $218.6 million sale of five retail assets, with proceeds earmarked for debt repayment. The settlement advances REP’s healthcare-focused strategy while leaving refinancing and capital management decisions as the next major tests.

Energy Action delivered sharp growth in first-quarter sales orders and its contracted cash pipeline, but the expansion came with higher costs and negative operating cash flow. The company had $0.93 million of stated liquidity at quarter-end, with a $724,999 secured loan due in December.

MLG Oz delivered a stronger earnings year, with statutory NPAT rising 19.2% and underlying EBITDA margin expanding to 13.4%. The mining services group has resumed dividends while taking on higher fleet investment and debt ahead of FY2027.

Bulletin Resources has shifted its exploration focus further towards Lake Rebecca after reporting a $569,632 loss for the year, with Chifley drilling pointing to a possible concealed gold source but stopping well short of a discovery. The company ended June with $13.5 million in cash and listed investments, although its exploration portfolio still carries permitting and funding risks.

NOVONIX has made a second US$7 million amortisation payment under its convertible debenture funding agreement with Yorkville affiliate YA II PN, Ltd. The payment reduces the amount outstanding to US$21 million, but further cash demands may follow if the company’s share price remains below A$0.12.

Nickel Industries delivered US$125.9 million of adjusted EBITDA in the September quarter, led by a second consecutive record from the Hengjaya Mine. Its new ENC HPAL project reached 50% of nameplate capacity, but severe dry conditions delayed the next step: commercial sales.

Scott Technology delivered record FY26 revenue and operating EBITDA, lifted its full-year dividend to 9 cents per share and issued FY27 guidance for further growth. The harder question is whether a lighter forward-work balance and higher investment can support the next phase of its Destination 2030 plan.

Tivan Limited (ASX:TVN) is moving several projects towards major technical and financing milestones, including a proposed $50 million Molyhil joint venture and maiden drilling in Timor-Leste. The company ended September with $19.925 million in cash, equivalent to about 2.3 quarters of funding at the quarter’s reported spending rate.

Karoon Energy more than doubled quarterly production to 2.27 million barrels of oil equivalent as revenue climbed 64% to US$191.6 million. But the SPS-92 electrical fault remains unresolved, while the company balances growth spending, shareholder returns and US$269.2 million of net debt.

Garda Property Group estimates its property divestment program will generate $90.7 million in capital gains and intends to return about 10.0 cents per security through special distributions. The proposed payments would come on top of upgraded FY27 distribution guidance of 12.5 cents per security, subject to settlements, tax outcomes, cash availability and Board approval.