Stock Analysis

• The same report said Cowal in New South Wales contributed 60,000 ounces and Mungari in Western Australia 40,000 ounces, while copper came from Ernest Henry (12,000 tonnes) and Northparkes (6,000 tonnes).

• Normalised EBITDA was $174.4 million, up 8.4%, and normalised profit after tax was $54.3 million, up 41.3%.

• The 1.8 million tonnes per annum (Mtpa) base case showed an after-tax net present value, discounted at 7 per cent, of about A$2.2 billion and an after-tax internal rate of return of 41 per cent.

• Total transaction value (TTV), the amount customers spend through its brands, rose 4.7 per cent to a record $25.7 billion.

• Fortescue is described as the remaining major miner without a deal, with restrictions reported to have applied since 15 July 2026.

• In the September quarter, Generation Life reported FUM of $6.38 billion, up 33%, and record quarterly sales inflows of $518 million, up 57%.

• The company has said GR Engineering Services has been awarded early contractor engagement for the Telfer Train 1 upgrade.