Latest Asset Disposals News

MCS Services Ltd reports a decline in cash and receivables for Q2 FY2025 while advancing new traffic management contracts and growth initiatives. The company also confirms the collapse of a planned reverse takeover with NJ Ashton Pty Ltd.

True North Copper Limited reported a significant cash outflow in the December 2024 quarter, driven by high operating expenses linked to voluntary administration and exploration activities. Despite ending the quarter with $19.12 million in cash, the company’s negative operating cash flow signals ongoing financial pressure.

Emperor Energy Limited reported a net operating cash outflow of $376,000 for the December quarter but bolstered its cash reserves with a $3.6 million financing inflow, ending the period with $3.4 million in cash.

Following a recent unitholder meeting, One Managed Investment Funds Limited has initiated the orderly liquidation of the Fat Prophets Global Property Fund’s portfolio, signaling a significant transition for investors.

Hastings Technology Metals Ltd reported a $2.29 million net cash outflow from operating activities in the December 2024 quarter, alongside significant capital expenditure and new borrowings, highlighting a critical phase in its project development.

Basin Energy Limited's latest quarterly cash flow report reveals a $463,000 net cash outflow from operations and a tightening cash position, driven by sustained exploration and evaluation expenditures.

Top End Energy Limited reported a net cash outflow in its December quarter, reducing its cash reserves to $2.76 million and leaving funding for just over two and a half quarters. The company’s cash flow dynamics highlight the ongoing financial pressures typical in early-stage oil and gas exploration.

Bannerman Energy reported a substantial $14.17 million cash outflow in its December quarter, driven by aggressive exploration and evaluation investments, leaving the company with $81.1 million in cash reserves.

Horizon Minerals reported a $5.165 million cash outflow for Q4 2024 but bolstered its liquidity with a capital raising in January 2025, extending its runway amid ongoing exploration investments.

Energy World Corporation Ltd. reports significant board changes and strategic committee formations as it navigates a quarter marked by operational cash outflows but maintains a solid cash reserve.

Kalamazoo Resources Limited reported a $449,000 net cash outflow from operating activities in Q2 2024, maintaining a cautious stance as it explores funding options to sustain its exploration efforts.