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Cullen Resources posted a $340,251 FY2026 profit after selling its Wyloo iron ore royalty for $1.5 million. The result came with a qualified audit opinion over its remaining iron ore-related assets and a warning that further capital raisings will be needed.

Litchfield Minerals has expanded its Harts Range exploration model, raised A$8 million and ended FY2026 with A$4.6 million in cash. The opportunity is growing, but the auditor flagged material uncertainty over the company’s ability to fund future operations.

Sovereign Metals has expanded Kasiya into a potential rutile, graphite and heavy rare earths project, with a rare earths study adding an estimated US$722 million of pre-tax NPV8. The opportunity comes with a sharper execution challenge: Rio Tinto will not become operator, while Sovereign still needs a mining licence, binding offtakes and substantial funding.

Aruma Resources’ 2026 annual report puts the Tillex Copper-Silver Project at the centre of its strategy after wide, high-grade drilling results in Ontario. But the explorer also reported a $2.71 million loss, $788,658 in cash and a material going-concern uncertainty dependent on further capital.

BOA Resources says it is unaware of undisclosed information behind a sharp increase in trading, despite further Ricci Lee assay results remaining pending through October. The company attributed the move to investor reaction to its recent high-grade copper announcement.

EcoGraf has strengthened the technical and commercial case for its Tanzanian graphite strategy, including a larger Epanko ore reserve and planned downstream processing. But cash fell to A$3.8 million, and auditors flagged a material uncertainty over the company’s ability to continue as a going concern.

GWA Group delivered its third consecutive year of volume growth in FY26, lifting revenue, normalised EBIT and its fully franked dividend despite weak housing and renovation conditions. The trade-off was a sharp decline in operating cash flow and higher net debt following inventory purchases and a $25 million share buyback.

Stellar Resources has lifted its Heemskirk tin resource to 115.3kt of contained tin while technical studies move toward a prefeasibility study outcome. The company is better funded, but remains pre-revenue and faces the usual capital, permitting and execution hurdles of mine development.

The Australian Wealth Advisors Group Ltd (ASX:WAG) has replaced its unaudited FY2026 result with audited accounts showing $1.21 million in profit before tax and $889,469 after tax. The result comes as AWAG exits CHPW, expands its advisory investments and lifts its authorised representative target to about 150 by December.

Mont Royal Resources has used its first post-merger annual report to set out the scale of the Ashram rare earths project, while flagging the funding, permitting and technical work still ahead. The updated study outlines a 30-year operation with a C$2.03 billion post-tax NPV, but remains a preliminary assessment rather than a development guarantee.

ACDC Metals has joined a U.S.-backed defence consortium, giving its Goschen Central rare earths project a route into government solicitations, research partnerships and potential offtake discussions. The membership is strategically significant, but it is not a funding award or contract.

Cleo Diagnostics has begun developing a multi-biomarker blood test for ovarian cancer screening in asymptomatic women, targeting a stated $150 billion global market. The prototype program will run alongside the company’s pre-surgical test, with initial proof-of-concept data expected early next quarter.