Latest Free Cash Flow News

Rumble Resources has strengthened the development case for Western Queen with an underground-optimised resource, a projected A$133 million in free cash flow and a potential tungsten revenue stream. High-grade gold-copper drilling at Munarra Gully adds exploration momentum, but financing, approvals and feasibility work remain ahead.

Frontier Energy has moved its Waroona Renewable Energy Project into construction, while higher capacity credits lift forecast annual revenue, EBITDA and free cash flow. The next major test is financial close on up to $280 million of project debt, expected in November.

Beacon Minerals delivered a stronger September quarter, producing 6,250 ounces and recording A$21.6 million in net mine cash flow as throughput improved at its Jaurdi mill. The next test is whether the upgraded plant can sustain higher processing rates while the company advances its larger Iguana growth plan.

Vection Technologies has started FY27 with stronger customer receipts, a sharply narrower operating cash loss and A$7.0 million in quarter-end cash. The next test is whether Defence, Retelit and URBANnext commitments convert into reported revenue through the year.

Aura has reported 25% year-on-year exit ARR growth and positive underlying free cash flow in its first quarter after completing the Qoria acquisition. The company reaffirmed its 2026 targets, but the result remains pro forma and unaudited as integration work begins.

Doctor Care Anywhere’s Q3 revenue rose 16% to £11.3 million as its weight-management business delivered its first full quarter, lifting subscription revenue to 19% of the total. The unaudited update also shows modest consultation growth, higher cash and three new distribution partnerships.

Capstone Copper delivered a record eighth consecutive quarter of adjusted EBITDA, while strong copper prices drove a sharp reduction in net debt. But production is now expected at the low end of 2026 guidance, costs at the high end and capital spending has risen by US$40 million.

Vanadium Resources has entered the next phase of its V-Iron strategy after a preliminary study outlined a US$842 million post-tax NPV and 36% IRR. The figures are encouraging, but the project now faces its more consequential tests: funding, binding offtake, permitting and a definitive feasibility study.

Sovereign Metals says a low-cost monazite by-product circuit could add US$722 million of pre-tax NPV8 to its Kasiya project in Malawi. The opportunity is commercially striking, but remains a preliminary scoping result requiring further studies, customer qualification, approvals and funding.

Global Lithium’s September quarter combined a recommended A$333 million cash takeover with a sharply improved development case for its Manna lithium project. The proposed Titan deal remains conditional, while the new study’s strong returns depend on lithium prices, exchange rates and execution.

Carnavale Resources has completed a bankable feasibility study for its 80%-owned Kookynie Gold Project, outlining an 18-month open-pit operation targeting 35.6koz of gold and A$104 million in pre-tax free cash flow. The economics are strong on paper, but funding, approvals, processing arrangements and a final investment decision remain ahead.

IGO delivered record Greenbushes spodumene production and a 49% jump in underlying EBITDA in the September quarter, while Nova approaches its final days of operation. The result strengthens the lithium portfolio’s earnings contribution, but Kwinana remains a substantial drag and Greenbushes’ next growth plan is not yet valued.