Latest Tax News

Sky Metals has backed Tallebung with a strong pre-feasibility study, a 32.7-million-tonne resource and a new drilling campaign aimed at extending the mine life. The economics are compelling on the company’s assumptions, but financing, approvals and resource conversion remain the milestones between a study and a mine.

True North Copper has extended Mt Oxide’s exploration story and lifted Cloncurry’s contained resource to 204kt CuEq, while an $18.75 million equity raise helps fund its next phase. The quarter also highlights the company’s continuing dependence on capital markets, with reported cash covering less than two quarters of current outgoings.

Change Financial delivered record quarterly PaaS revenue and pushed active cards beyond 172,000 in the September quarter, while operating cash flow turned positive. The broader revenue result softened as higher-margin one-off licence work fell away, but the company retained its FY27 net cash flow positive outlook.

Count has reported a strong start to FY2027, with first-quarter revenue up 23.2%, underlying EBITA up 66.6% and funds under management reaching $6.7 billion. The group is also pursuing a 30% stake in Brisbane accounting and advice firm Apiary, although the purchase price remains undisclosed and completion requires ACCC approval.

Lithium Universe ended September with A$429,000 in cash and estimated funding of just 0.82 quarters after reporting no exploration, development or production activity. The company says it is reducing operating expenditure and assessing further funding options.

Monvia reported $8.0 million in cash at the end of Q1FY27 and says its sales pipeline expanded, while a new Capgemini teaming arrangement aims to accelerate client opportunities. The quarter also brought $1.6 million of product investment and a fully drawn $6.0 million secured debt facility.

Helia’s nine-month statutory profit fell to $136.5 million as weaker lending, the loss of its CBA contract and softer housing conditions reduced revenue. Claims remain low and capital coverage strengthened, allowing the mortgage insurer to retain its FY26 guidance.

Tribune Resources generated $8.0 million of operating cash in the September quarter, lifted its cash balance to $11.8 million and declared a fully franked 20 cents per share dividend. The result came despite an 11% quarter-on-quarter fall in group gold mined as lower grades weighed on output.

Metals Australia has advanced feasibility, permitting and funding work at its Lac Carheil graphite project while establishing a 45.7Mt Manindi VTM resource. The progress sits alongside a modest A$2.575 million cash balance and no disclosed financing facilities.

Heavy Minerals has delivered a maiden Ore Reserve and a A$322.8 million post-tax NPV for Port Gregory, while Kanmantoo engineering advances toward a Final Investment Decision. The projects now have more defined technical foundations, but the company’s cash position and non-binding funding discussions leave execution as the central question.

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.

Swift TV expanded its contracted footprint and qualified pipeline in the September quarter, but ended with $1.047 million in cash and only 0.9 quarters of funding at the reported burn rate. The company is relying on customer receipts, an expected $1.5 million R&D incentive and lending arrangements as commercial deployments accelerate.