Latest Development News

Peppermint Innovation’s Philippine payments business delivered a sharp September-quarter acceleration, with customer receipts rising to A$1.18 million and operating cash outflow falling 55%. The company says early October volumes have already exceeded September’s full-month total, while ASX reinstatement remains conditional.

GCM Corporation has shipped 18 VHD heat-sink products for customer evaluation, while preliminary LED testing recorded lower surface temperatures than aluminium comparators. The commercial progress comes with qualification taking longer than expected and A$4.2 million of cash supporting an estimated two quarters of funding.

High-Tech Metals has entered the December quarter with a 47% increase in the Mt Fisher Mineral Resource, $8.9 million in cash and a Wagtail development study approaching completion. The company now faces the harder test of converting resource growth into a credible production pathway.

Innovaero Technologies has reported a $5.917 million FY2026 loss as it prepares to scale OWL drone production after its ASX debut and $40 million capital raise. The annual report shows a better-funded business, but one still reliant on government contracts, certification and forecast production work.

NuEnergy Gas has begun construction of its Tanjung Enim coal bed methane project, with the early production facilities now 48% complete and first gas sales still targeted for Q1 2027. The project has also gained Indonesian National Strategic Project status, while the company ended the quarter with A$2.677 million in cash.

OceanaGold’s proposed acquisition of Ausgold has cleared a key Australian regulatory hurdle, with FIRB confirming it has no objection to the scheme. Shareholder approval, court approval and other conditions still stand between the transaction and completion.

Greenwing Resources has progressed DLE testing at its San Jorge lithium project and pushed its Que River pre-feasibility study into early 2027. But with A$1.807 million in cash and an estimated 1.6 quarters of funding at current outflows, project progress remains tied to new financing or strategic deals.

PARKD’s FY26 annual report puts the company’s funding position under sharper scrutiny after a steep revenue decline, a $1.26 million loss and $367,714 in cash. Its east-coast expansion produced new facilities, partnerships and demonstrations, but the next test is converting that platform into contracted work quickly enough.

Richmond Vanadium Technology has submitted a revised preliminary environmental impact statement for its North Queensland vanadium project, setting up a possible public review in early 2027. The company ended September with A$3.49 million in cash and estimated funding for 2.6 quarters.

PainChek is concentrating its commercial effort on residential aged care after signing new US and UK business, including an 808-licence Sabra expansion and an approximately 1,800-licence Hallmark contract. Revenue and retention improved, but activated ARR growth slowed to 1.2% for the quarter and cash covered an estimated 2.5 quarters of historical operating outflows.

Chilwa Minerals has expanded its Chilwa project’s heavy mineral sands resource by 56% and added niobium and rare earths to the story. But the annual report also records a larger loss, limited year-end cash and an auditor warning over going concern, despite a subsequent US$3.5 million Nasdaq raising.

Greenvale Energy has expanded its Thunderball uranium pipeline in the Northern Territory, with a 9km paleochannel target, six additional targets and multiple confirmed prospects now advancing towards potential drilling. The company also raised A$3.25 million, although the proposed Pine Creek acquisition remains conditional and several exploration targets are still untested.