The Minerals 260 Ltd (ASX: MI6) share price is in focus after the company announced the granting of an expanded Mining Lease at its Bullabulling Gold Project and the acquisition of additional regional tenements, expanding its total project area to 1,527km².

What did Minerals 260 report?

• The expanded Mining Lease now covers the full mining and processing area defined in its Pre-Feasibility Study.
• Minerals 260 entered a binding agreement to acquire 367km² of additional tenure from Kalgoorlie Mining Associates Pty Ltd.
• Total project area now stands at 1,527km², up significantly from the original 130km² acquired in April 2025.
• The Bullabulling Gold Project hosts a gold resource of 190Mt at 1.0g/t Au for 6.2Moz (JORC 2012 Mineral Resource Estimate as of July 2026).
• Board’s Final Investment Decision is on track for Q1 CY2027, with project approvals progressing as planned.

What else do investors need to know?

The newly granted Mining Lease, along with the acquisition of strategic nearby tenements, gives Minerals 260 Limited control over the largest and most prospective land package along the Bullabulling fault. This move broadens its exploration potential and underpins the scale of the Bullabulling Gold Project.

The acquisition deal consists of $250,000 in cash and $1,000,000 in Minerals 260 shares, based on a 20-day volume-weighted average price to 26 August 2026. The transaction is expected to complete within two business days, subject to standard conditions.

Pre-feasibility plans and approvals continue on schedule, supporting the path towards a Board-level investment decision next year and targeted first production in 2028.

What did Minerals 260 management say?

Minerals 260 Managing Director, Luke McFadyen, said:

The granting of the expanded Mining Lease for Bullabulling is a significant step for the Project and reflects the continued de-risking activities the Company is focussed on to achieve our first production target in 2028. The newly acquired tenure enables Minerals 260 to add further potential targets to its ongoing regional exploration program, which is a focus for the Company to drive longer term value for shareholders.

What’s next for Minerals 260?

Looking ahead, Minerals 260 plans to integrate the newly acquired tenements into its regional exploration activities to identify additional gold targets. The company maintains its focus on advancing project permits and technical studies, with key milestones including a final board decision in early 2027 and ambitions for first gold production in 2028.

Management remains optimistic that a larger, unified landholding will enhance long-term value and flexibility as development proceeds.

Minerals 260 share price snapshot

Over the past 12 months, Minerals 260 shares have risen nearly 600%, far outpacing the All Ordinaries Index (ASX: XAO).

View Original Announcement

The post Minerals 260 expands Bullabulling project with new lease and tenement acquisition appeared first on The Motley Fool Australia.

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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.

S&P/ASX All Ords Index (ASX: XAO) shares are 0.5% higher at 9,290.9 points on Friday.

As earnings season nears its end, brokers have updated their ratings as 12-month price targets on many ASX All Ords shares.

The following four shares have major upside potential over the next 12 months, according to the experts.

Temple & Webster Group Ltd (ASX: TPW)

The Temple & Webster share price is $4.75, up 2.8% today and down 80% over 12 months. 

Canaccord Genuity reiterated its buy call on this ASX retail share following the online furniture seller’s FY26 results.

The broker has a 12-month target price of $9, which implies a potential 89% upside from here.

betr Entertainment Ltd (ASX: BBT)

The betr Entertainment share price is 20 cents, up 1% today and down 34% over 12 months.

Morgans maintained its buy rating on this ASX consumer discretionary share after the company’s FY26 results.

The broker kept its target price at 36 cents, implying a potential 82% upside from here.

Morgans said:

BETR Entertainment (BBT) finished the year strongly, with normalised EBITDA of $6.1m in the second half against guidance of $5m to $8m, a $19.3m swing on the first half.

Full year normalised EBITDA of -$7.1m was a touch below our -$6.2m, with a gross profit beat offset by a higher cost of doing business.

Encouragingly, current trading remains healthy. Through the first eight weeks of FY27, turnover is up more than 20%, new customers have almost doubled, CPA is down 31% and promotional cost is down 9%, all excluding the FIFA World Cup.

The company announced the launch of its new first to market ‘Wildcards’ same game multi (SGM) feature that will launch during the Wildcard AFL round this weekend.

Judo Capital Holdings Ltd (ASX: JDO)

The Judo Capital share price is $1.01, down 0.8% today and down 42% over 12 months. 

Morgans reiterated its buy recommendation on this ASX bank share after reviewing Judo’s FY26 results.

The broker said: 

FY26 PBT landed towards the top end of the revised guidance range and FY27 guidance was reaffirmed offering strong earnings growth.

EPS forecasts moderated 2-6%.

The broker trimmed its 12-month price target from $1.47 to $1.42, suggesting a potential 40% upside ahead.

DigiCo Infrastructure REIT (ASX: DGT)

The DigiCo Infrastructure REIT share price is $2.62, up 1.2% today and down 12% over 12 months. 

Morgans kept its buy rating in place on this ASX real estate investment trust (REIT) after DigiCo’s FY26 results.

The broker has a 12-month price target of $3.60, implying a 37% upside ahead.

The broker said: 

The signed Letters of Intent (LOIs) over the remaining 52MW would take the Australian portfolio to full capacity — a strong demand signal that de-risks management’s pathway to $250m of EBITDA.

However the ramp-up in earnings is back-ended, hence FY27 guidance was ~8% below MorgansF and ~13% below Consensus.

Liquidity of ~$1.2bn funds the ~$1.2bn capex bill, with management calling out no need for additional equity.

We still see clear value, but the cashflows are pushed out — this is now an FY28-into-FY29 story.

The post 4 ASX All Ords shares with 40% to 90% upside post-results: experts appeared first on The Motley Fool Australia.

More reading

• Buy, hold, sell: Breville, Car Group, Temple & Webster shares
• Here are the top 10 ASX 200 shares today
• Buy, hold, sell: Judo Capital, Healius, BHP shares
• Buy, hold, sell: DigiCo Infrastructure REIT, CBA, Telstra shares
• 2 ASX shares that could rise up to 45% following earnings results 

Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Temple & Webster Group. The Motley Fool Australia has recommended Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Northern Star Resources Ltd (ASX: NST) shares are having another good day on Friday.

At the time of writing, the gold miner’s shares are up 1.13% to $24.61.

It continues a strong run over the past month, with Northern Star shares now up around 21% since the end of July.

That bounce has helped the stock claw back some of its earlier losses. The shares are now up around 30% over the past 12 months, although they are still down roughly 8% in 2026 and remain well below their 52-week high of $31.96.

So, what’s been giving Northern Star shares a lift lately?

Gold prices are helping

One thing working in Northern Star’s favour right now is the gold price.

Gold is trading around US$4,583 an ounce and has climbed almost 13% over the past month, which is giving gold miners a nice tailwind.

Northern Star’s FY26 result also showed just how much that stronger gold price can help.

Revenue rose 19% to $7.62 billion, even though gold sold fell 6% to 1.54 million ounces. Helping offset the lower sales volume was the average realised gold price, which jumped 26% to $4,925 an ounce.

Underlying EBITDA increased 22% to $4.27 billion, while statutory net profit rose 24% to $1.66 billion.

Shareholders also got a fully franked final dividend of 30 cents per share.

Investors clearly liked what they saw, with the stock jumping 6.2% on 20 August when the result was released.

What happens next at KCGM?

A lot now comes down to how the KCGM expansion plays out.

Northern Star is now commissioning the larger processing plant, with the project expected to play a bigger role in production and cash flow over the coming years.

Management is guiding to FY27 gold production of 1.5 million to 1.65 million ounces, with all-in sustaining costs (AISC) of $3,050 to $3,450 an ounce.

Spending is still going to be high, though. Capital expenditure is expected to come in between $2.55 billion and $2.94 billion as work continues across KCGM and the Hemi project.

Keep in mind that this investment weighed on FY26 underlying free cash flow, which fell 64% to $190 million.

Managing director Stuart Tonkin called the company an “important inflection point”, with the KCGM expansion expected to help lift free cash flow as the ramp-up continues.

What are brokers saying?

Despite the recent rally, brokers aren’t all convinced there is much upside left.

According to TipRanks, the average 12-month price target is $23.08, which sits below where Northern Star shares are trading today.

Of the 11 analyst ratings, 2 are ‘buys’, 8 are ‘holds’ and 1 is a ‘sell’.

Jefferies is more positive, though. The broker kept its ‘buy’ rating after the FY26 result and lifted its price target to $27.

With the shares now at $24.61, Jefferies still sees the stock heading a little higher from here.

The post Northern Star shares are closing in on $25. Can the rally keep going? appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Thursday
• 2 ASX 200 shares I’d buy and 2 I’d avoid amid a surging Aussie dollar
• 5 things to watch on the ASX 200 on Wednesday
• 5 things to watch on the ASX 200 on Monday
• Brokers name the ASX 200 winners and losers from the first half of reporting season

Motley Fool contributor Aaron Teboneras 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.