Latest Shareholders News

Hydrix reported September-quarter revenue growth of 11.6% year on year and secured further medical and Defence milestones. But with $1.5 million in cash and reported funding covering only 1.30 quarters, the company still needs contract wins to convert into receipts and revenue.

Caravel Minerals is moving its 100%-owned Caravel Copper Project towards a Definitive Feasibility Study due in the fourth quarter, but the annual report also flags a material uncertainty over its ability to continue as a going concern. The company remains pre-revenue, with approvals, project finance and key commercial arrangements still incomplete.

Impact Minerals is recasting itself as a high-purity alumina developer, with Lake Hope advancing towards a definitive feasibility study and Alluminous reaching pilot-plant milestones. But the annual report also flags a material uncertainty over funding, while a board refresh and managing director departure add to the company’s transition.

Western Gold Resources has lifted Gold Duke’s Production Target by 62% to 59.7koz of contained gold, strengthening the project’s development case. But the company still needs a processing solution and reports only about 1.56 quarters of funding on current outgoings.

Golden Mile Resources has outlined a broad, gold-bearing surface zone at its Aurora prospect in Arizona and submitted the first permitting plan for a maiden drill campaign. The exploration progress comes with just A$245,000 in cash, leaving the company with an estimated 0.52 quarters of funding and a likely capital raise ahead.

Aeris Environmental has reported stable quarterly revenue and fresh commercial traction for its Syncromesh platform, but ended September with $840,000 in cash against a $1.201 million operating cash outflow. An October $1.5 million placement provides additional funding, while $11.153 million in related-party loans remain due in June 2027.

Resolution Minerals has extended gold mineralisation across its Horse Heaven project in Idaho, including a 500-metre open-ended zone at Golden Gate North. But the quarter ended with just A$1.64 million in cash and an Appendix 5B estimate of 0.2 quarters of funding, placing the proposed debt facility and future capital sources firmly in focus.

HyTerra Limited (ASX: HYT) will not proceed with a second McCoy-1 test for now after the Kansas well produced only about 0.1 Mscf/d of gas, with air-corrected hydrogen of 0.4%. The company is reassessing the Ridge Play while shifting attention to its larger Rift Play and preserving cash.

Red Sky Energy has moved its Santos-operated Innamincka program into the crucial testing phase, with Yarrow 4 and Yarrow 5 showing preliminary gas pay but no production rates yet established. A separate appraisal at Willowie 2 found no conventional pay and will be plugged and abandoned, while the company ended September with A$5.17 million in cash.

Bougainville Copper remains without production more than 37 years after Panguna operations stopped, while its independent board committee weighs the implications of a rival 25-year mining lease over EL01. Further legal advice and a December committee meeting are now the next key markers.

Dateline Resources has a funded but halted California gold project after a preliminary injunction suspended Colosseum activities, just as the company completed engineering and advanced financing. Its September quarter also delivered rare earth results of up to 7.13% TREO at Music Valley, but cash fell to A$70.2 million and the reported runway was about 4.2 quarters.

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.