Latest Impairments News

4DMedical delivered sharp growth in scans, sites and operating revenue as CT:VQ moved into commercial deployment across several global markets. But the company remains loss-making and its auditor issued a qualified opinion over the carrying value of goodwill and other intangible assets.

Wia Gold has moved Kokoseb from exploration into a proposed mine development backed by a 1.95 million ounce Probable Ore Reserve, A$217 million in equity raised since May and indicative US$360 million debt terms. The funding pathway is substantial, but it still depends on permits, lender approvals and final documentation before construction can fully proceed.

Washington H. Soul Pattinson delivered a record statutory profit after its Brickworks merger, but the headline $2.191 billion result was dominated by accounting gains that will not recur. More durable measures also improved, with Net Cash Flow From Investments rising 11.5%, post-tax NAV reaching $14.5 billion and the final dividend increasing to 63 cents per share.

Xenora Minerals has reduced its annual loss and lifted cash to A$2.17 million while advancing geochemical targets at the Dudley Lithium Project. The next test is whether those anomalies can justify drilling and support the company’s next funding decision.

Famien Resources has used the year to pivot decisively from Australian exploration towards a 3,700km² gold portfolio in Côte d’Ivoire, backed by A$15.2 million in placements and A$13.1 million in cash. Early drilling has produced several high-grade intercepts, but the company remains loss-making and has yet to declare a mineral resource.

Strategic Energy Resources (ASX:SER) narrowed its FY26 loss and lifted cash to $1.84 million while advancing four Queensland copper-gold projects with Fortescue and Sumitomo. But auditors flagged a material uncertainty over the explorer’s ability to continue as a going concern, leaving future funding central to the investment case.

Frontier Digital Ventures has shrunk its top line by 27% as it exits low-margin businesses, but the reset delivered higher EBITDA, a 17% margin and near-total free cash flow conversion in the first half of FY2026. The next test is whether pricing and cost discipline can lift earnings without further customer erosion.

Strike Energy has moved South Erregulla into final commissioning and lifted West Erregulla’s net 2P reserves by about 20%, but the project-heavy year came with sharply lower earnings and operating cash flow. The company is now relying on execution, financing and new production to convert a larger asset base into cash generation.

Papyrus Australia moved its banana-fibre technology into early commercialisation during FY26, signing an estimated $4.2 million TBS supply contract and delivering commercial-scale samples. But the company ended the year with $257,077 cash, negative equity and an auditor-flagged material uncertainty over its ability to continue as a going concern.

DeSoto Resources has assembled about 1,300 square kilometres of gold tenure in Guinea’s Siguiri Basin, but the expansion came with a A$15.0 million FY2026 loss and a A$6.35 million write-off of Northern Territory exploration assets. The company enters FY2027 with drilling, geophysics and tenure renewals still to convert its large portfolio into a defined resource.

AusQuest has materially expanded its Cangallo copper-gold discovery in Peru, but the exploration push came with a larger loss, a sharp rise in cash outflows and an auditor warning that further funding is likely within 12 months. The company ended FY2026 with $6.35 million in cash after a $10 million placement.

Infinity Metals has reported a sharply smaller FY2026 loss as it shifts its exploration focus towards the United States and Australia. The pivot follows rejection of its San José mining licence application, a A$2.25 million placement and a growing portfolio of early-stage copper, molybdenum and tin targets.