• Solstice Minerals shares in focus as Nanadie drill results impress

    happy miner with arms in the airs standing in front of a mine

    The Solstice Minerals Ltd (ASX: SLS) share price is in focus after the company reported outstanding new high-grade copper-gold intercepts at its 100%-owned Nanadie Copper-Gold Project in Western Australia. Key highlights include a broad 172-metre intercept at 0.69% copper and 0.30g/t gold and an 18-metre interval grading 2.29% copper and 1.12g/t gold.

    What did Solstice Minerals report?

    • 172m @ 0.69% Cu, 0.30g/t Au from 54m to end of hole in drillhole NANRC058, including 83m @ 0.96% Cu, 0.44g/t Au
    • 18m @ 2.29% Cu, 1.12g/t Au to end of hole from 292m (including 5m @ 6.88% Cu, 3.60g/t Au) in NANRC057
    • Step-out RC drilling extended the Nanadie resource system to at least 1.3km strike; remains open in all directions
    • Diamond tail returned 60.6m @ 0.64% Cu, 0.33g/t Au, and 11.75g/t Ag, with a high-grade silver zone of 14.6m @ 0.69% Cu, 0.10g/t Au, 31.32g/t Ag
    • Current Mineral Resource Estimate (MRE): 40.4Mt @ 0.4% Cu, 0.1g/t Au, and 1.0g/t Ag
    • No debt and $45 million cash at 31 August 2026

    What else do investors need to know?

    Ongoing drilling continues to identify previously unrecognised high-grade zones within and adjacent to the current resource boundary, highlighting the potential for higher-than-estimated grades. Results from recent holes will drive continued exploration, particularly along up-plunge positions on the eastern side of the host gabbro and step-down extensions at depth.

    Solstice’s expanded camp and core processing facilities have been completed, setting the stage for accelerated drilling with multiple RC and diamond rigs planned to operate for the rest of the year. There are assays pending from a further 13 completed diamond holes and over 20 RC holes, with more news flow likely as the company works to expand both the grade and size of the Nanadie resource.

    What did Solstice Minerals management say?

    Nick Castleden, Solstice Minerals’ Chief Executive Officer and Managing Director, commented:

    Coming hard on the heels of the fantastic, combined intercept of 722.3m at 0.44% Cu, 0.13g/t Au from hole NANRCD005 announced on Friday, these exciting new results show that the momentum of drilling news-flow from Nanadie has well and truly moved up a gear. Importantly, these results confirm our interpretation that there may be significant zones of valuable near-surface high-grade mineralisation both within and adjacent to the current Nanadie Resource that have not previously been recognised or adequately tested.

    What’s next for Solstice Minerals?

    Solstice is well funded to continue exploration, with a plan to increase drilling density across and below the existing mineral resource boundary. High-grade zones will receive further infill and step-out drilling, while new targets—including the nearby Stark Prospect—are set to be tested.

    As the company accelerates its drill program, pending assays and an updated geological model are expected to provide a steady flow of exploration results. The Nanadie system remains open along strike and at depth, offering significant potential for further resource growth in a favourable mining jurisdiction.

    Solstice Minerals share price snapshot

    Over the past 12 months, Solstice Minerals shares have surged 600%, outperforming the All Ordinaries Index (ASX: XAO).

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    Should you invest $1,000 in Solstice Minerals right now?

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    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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    Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • Monash IVF Group earnings: FY26 profit slips, outlook improves

    Two scientists analysing results on a computer screen.

    The Monash IVF Group Ltd (ASX: MVF) share price is in focus as the company posts FY26 revenue of $269.5 million and declares a final fully franked dividend, despite a 41% fall in underlying net profit after tax (NPAT).

    What did Monash IVF Group report?

    • Revenue of $269.5 million, down 0.9% from FY25
    • Underlying EBITDA of $53.4 million, down 19.5%
    • Underlying NPAT of $16.1 million, down 41.2%
    • Reported EBITDA of $43.5 million; reported NPAT of $8.3 million
    • Final fully franked FY26 dividend of 1.3 cents per share, total FY26 dividends of 2.5 cents (payout ratio 60%)
    • Net operating cash flow of $36.7 million (up from $12.9 million in FY25)

    What else do investors need to know?

    Monash IVF faced a challenging start to FY26, with domestic stimulated cycle volumes softening in the first half. However, momentum improved in the second half, and market share climbed to 20.2%. The company’s international and genetics divisions delivered record results, with offshore revenue rising 15%, and strong growth in specialist genetics testing.

    The group focused on strengthening its medical workforce, refreshing leadership, and investing in major infrastructure. Capital expenditure for the year reached $23.8 million, supporting projects like the new Brisbane fertility clinic and increased surgical capacity in Victoria.

    What did Monash IVF Group management say?

    Speaking about the results, Monash IVF’s CEO, Dr Victoria Atkinson, said:

    FY26 was a year of two halves for Monash IVF. While the first half was challenging, we exited the year with improving momentum, with domestic stimulated cycle volume trends strengthening, market share increasing through the second half and our international businesses delivering record performance.

    We have used FY26 to strengthen the foundations of the business—building our medical workforce, strengthening leadership and governance, completing significant infrastructure investment and commencing a structural productivity program. We have also launched Nurture 2030, our three-year strategy to accelerate sustainable growth and create stronger returns.

    We enter FY27 with multiple growth engines strengthened and a clear focus on execution: growing domestic stimulated cycle volumes, expanding market share, unlocking our completed capital investments, improving productivity and continuing to scale International, Genetics and Diagnostics. With the foundations now in place, Monash IVF is positioned to convert volume growth into stronger earnings through operating leverage and strategic execution.

    What’s next for Monash IVF Group?

    Looking to FY27, Monash IVF expects stronger financial performance as market conditions improve and expansion efforts take hold. Key priorities include connecting patient journeys with better data, expanding clinical specialties, and embedding ongoing productivity gains.

    The group aims to reduce capital expenditure by 50% and reignite organic growth in key states like Victoria and NSW. Management also notes Monash IVF’s strong governance will help it efficiently implement new industry regulations, supporting future returns.

    Monash IVF Group share price snapshot

    The Monash IVF share price has underperformed the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a decline of around 4%.

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    Should you invest $1,000 in Monash IVF Group right now?

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    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

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    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • Strike Energy posts project breakthrough, secures West Erregulla funding

    Mining vehicle at a mine site.

    The Strike Energy Ltd (ASX: STX) share price is in focus today after the company announced a breakthrough securing a gas processing pathway and funding for its West Erregulla development, alongside updates on its key projects and strengthened financial position.

    What did Strike Energy report?

    • Selected Hancock Energy’s proposed Belisama facility as preferred gas processing pathway for West Erregulla
    • Secured up to $30 million in funding support from Hancock Energy for pre-development activities
    • Amended Macquarie Bank facility to increase available funding to $30 million, with no amortisation until maturity in 2029
    • South Erregulla Power Project commissioning now targeting approval to generate in late Q4 CY26
    • Walyering gas field 2P sales gas reserves increased to 16.4 PJ after FY26 production, with production ramp-up underway

    What else do investors need to know?

    Strike’s new agreements provide a clear and coordinated pathway to develop West Erregulla, targeting a final investment decision in FY28 and first gas by mid-2029. The funding and processing arrangements with Hancock Energy de-risk the project and cement Strike’s shift to a more diversified earnings base.

    The company’s South Erregulla Power Project is progressing towards approval to begin generating in the final quarter of 2026. Meanwhile, at Walyering, the successful commissioning of new compressors is expected to boost production capacity towards 20 TJ per day.

    Looking ahead, Strike is also accelerating its exploration program in the Perth Basin, including planned seismic surveys in FY27 focused on wholly owned prospects like Ocean Hill and Kadathinni.

    What did Strike Energy management say?

    Strike Energy’s Managing Director and CEO, Shelley Robertson said:

    Today’s announcement marks an important step in unlocking the value of West Erregulla and progressing one of Western Australia’s largest undeveloped onshore gas resources toward production. By selecting Hancock Energy’s Belisama facility and securing a funding framework with Hancock Energy and through an existing facility with Macquarie that supports development activities towards first gas, we have materially reduced both execution and funding risk for the project. Importantly, these arrangements provide Strike with a clear pathway to participate in the development of West Erregulla while maintaining balance sheet flexibility and minimising dilution for shareholders. Together with the cash flows from Walyering and the expected commencement of South Erregulla, West Erregulla forms the third pillar of a diversified energy portfolio that we believe can generate significant long-term value for shareholders. As Western Australia continues to require reliable domestic gas to support economic growth and the energy transition, Strike is increasingly well-positioned to play a meaningful role in delivering secure, affordable energy to the State.

    What’s next for Strike Energy?

    Strike and Hancock Energy will now work to finalise binding agreements and progress the West Erregulla joint venture to reach a final investment decision around FY28. If all goes to plan, first gas is expected from West Erregulla by mid-2029, which would add further cash flow alongside Walyering and South Erregulla.

    The company is also preparing for expansion, with a focus on high-impact exploration opportunities in the Perth Basin to drive future growth and value creation for shareholders over the years ahead.

    Strike Energy share price snapshot

    Over the past 12 months, Strike Energy shares have declined 13%, trailing the All Ordinaries Index (ASX: XAO), which has risen

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    The post Strike Energy posts project breakthrough, secures West Erregulla funding appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Strike Energy right now?

    Before you buy Strike Energy shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Strike Energy wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

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    Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.