Latest Financial Position News

Catalina Resources has reported a significant gold discovery at its Yerilgee Project in Western Australia, intersecting 48 metres at 2.61 grams per tonne from just 15 metres depth. This initial assay confirms a robust mineralised system with a high-grade core, setting the stage for further exploration.

Australian Bond Exchange Holdings has completed a $0.98 million placement and is proposing attaching options to raise additional funds, pending shareholder approval.

The Star Entertainment Group reports a $110 million statutory loss for H1 FY26 as it undertakes major operational restructuring and seeks refinancing amid challenging market conditions.

New Age Exploration appoints seasoned geologist Kirby Johnson as CEO and acquires the promising Wallah Silver Project in NSW, complementing positive drilling results at its Wagyu Gold Project in Pilbara.

Kaiser Reef Limited has completed delivery of all gold call options tied to its Henty Gold Mine acquisition, removing price caps and positioning the company to benefit fully from rising spot gold prices.

Red Hill Minerals has reported a robust half-year performance for FY26, driven by strong royalty revenue from the Onslow Iron Ore Project and ongoing exploration investments. The company declared an interim fully franked dividend of 11.6 cents per share.

Opthea Limited reports a striking turnaround with a $339.9 million profit for H1 2026, driven by a strategic refocus on developing OPT-302 for Lymphangioleiomyomatosis (LAM), a rare lung disease affecting women. The company plans a rebrand and ASX reinstatement as it charts a new course in rare respiratory health.

Synlait Milk Limited has secured important amendments and waivers to its syndicated bank facilities, aligning its financial covenants with the upcoming sale of its North Island assets scheduled for April 2026.

MCS Services Limited has reported a significantly reduced half-year loss and announced plans to sell its Highways Traffic subsidiary, aiming to strengthen its financial position amid ongoing challenges.

Austral Resources Australia Ltd has swung from a $22.6 million loss in 2024 to an $11.9 million profit in 2025, driven by strategic asset sales and acquisitions. The company is now poised to accelerate copper production with a major capital raise and new mining leases.

Nexion Group Ltd reports a striking turnaround to a $6.3 million net profit in H1 2026, driven by gains from subsidiary sales, while continuing operations still face losses amid efforts to regain ASX trading status.

Range International Limited reported a 39% revenue increase to US$2.34 million for 2025 but remains loss-making with a net loss of US$1.15 million. The company’s financial statements highlight ongoing going concern uncertainties.