Fast reads for catalyst tracking, risk framing, and scenario checks.
Auric Mining entered a near-term process-to-cash window with Munda ore processing commencing in October 2025 and Burbanks facility acquisition completed. Monitoring centers on first cash receipt from Munda ore in November 2025 versus issuer expectations.
Evolution Mining’s near-term focus is executing the approved Cowal OPC life extension, after clearing permitting and board hurdles, with cash generation as key to watch.
Vertex Minerals’ near-term case hinges on whether the transition to underground high-grade ore production at Reward delivers improved cash receipts or cost reductions, observable in quarterly results versus the December 2025 baseline.