Latest Office News

Anson Resources has secured the final major approval for its planned 10,000 tpa Green River lithium plant, while reporting independently confirmed battery-grade product and approximately US$406.5 million of conditional Utah incentives. The project has moved closer to financing, but the incentives are post-performance and Anson says further funding is still required.

8common remained EBITDA and operating-cashflow positive in the September quarter, even as revenue fell 7.8% year on year. Its $1.9 million Australian Taxation Office contract is yet to contribute revenue, with implementation expected to begin in January.

NRW Holdings has added approximately $334 million of disclosed contract value through a one-year Curragh Mine extension and new Canberra infrastructure packages. The awards give both its mining and Fredon businesses work commencing in early 2027, although margins and earnings contributions remain undisclosed.

InFocus has reduced quarterly operating cash outflow by 40% while advancing Codexa and securing a conditional first customer for its overseas real-money gaming platform. The USD 2.4 million minimum fee commitment is substantial for the company, but it depends on development, licensing and launch milestones that have not yet been completed.

Challenger Gold has reset its Hualilan strategy around a larger integrated mine after ending the Casposo toll-milling campaign, while new debt funding extends the project’s runway. The company is targeting early 2029 production, but only A$25.8 million was held in cash at quarter-end and part of the proposed financing remains conditional.

Vital Metals has extended rare earth and niobium mineralisation beyond Tardiff’s 192.7 million tonne resource envelope, strengthening the case for an updated resource estimate and pre-feasibility study. But the ASX-listed developer ended September with A$2.4 million in cash, equivalent to just 1.87 quarters of funding before higher arbitration costs.

AVADA Group’s FY27 first-quarter customer receipts rose 38% to A$66.4 million, but cash conversion remained tight after A$5.1 million in Payday Super and prior-period ATO payments. The traffic management operator ended September with A$3.31 million in cash and A$13.84 million of unused facilities.

Vantage Metals has intersected the key geological contact targeted by its maiden Botswana drilling campaign, with trace copper sulphides observed and assays pending. The exploration progress comes alongside A$723,000 in quarter-end cash, equivalent to just 0.3 quarters of estimated funding at the reported outflow rate.

oOh!media shareholders will vote on I Squared Capital’s proposed acquisition on 2 November, with court approval scheduled two days later if the scheme passes. The filing sets the next milestones but does not change the transaction’s terms or guarantee completion.

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.

Tinybeans has delivered a US$65,000 adjusted EBITDA profit and its fourth consecutive quarter of positive operating cash flow, with revenue rising 35% to US$1.60 million. The result came as subscription revenue climbed 74%, although customer acquisition costs increased across both platforms.