The Black Cat Syndicate Ltd (ASX: BC8) share price is in focus today after the company reported record revenue of $374 million and a turnaround to $86 million net profit after tax for FY26.

What did Black Cat Syndicate report?

• Revenue surged 903% to $374 million (FY25: $37 million)
• Net profit after tax of $86 million (FY25: $26 million loss)
• Net cash from operating activities: $225 million (FY25: $13 million outflow)
• Earnings per share: 12 cents (FY25: 4.6 cent loss)
• Cash, bullion and listed investments up 87% to $105 million
• Total gold production jumped 132% to 90,833 ounces

What else do investors need to know?

Black Cat Syndicate delivered strong operational performance at its Paulsens Gold Operation, with the site successfully refurbished and mining recommenced. The $106 million investment in acquiring and restarting Paulsens was fully recouped during the year.

The company achieved a major milestone at Kal East by processing 100% company-owned ore through its Lakewood facility in the fourth quarter. Management noted significant exploration success at the Regulus and Lynx prospects, helping underpin further growth.

An update on FY27 guidance is expected by the end of September.

What did Black Cat Syndicate management say?

Managing Director James Bruce said:

Black Cat delivered record financial and operational performance in FY2026, with revenue increasing to $374 million, operating cash flow reaching $225 million and production rising 132% to 90,833 ounces, reflecting the successful ramp-up of our operations.

Paulsens was a standout performer, fully repaying its acquisition and restart investment during the year while delivering significant exploration success at Regulus and Lynx. At Kal East, we achieved the important milestone of processing 100% Company-owned ore through Lakewood, providing a strong foundation for continued growth.

With two operating hubs, strong cash generation and a robust balance sheet, Black Cat is well positioned to continue delivering sustainable growth and value for shareholders.

What’s next for Black Cat Syndicate?

Looking ahead, Black Cat Syndicate will provide updated FY27 guidance by the end of September. Management is focused on building on its current momentum, with two operational hubs and a robust balance sheet supporting ongoing growth.

Continued exploration at Regulus and Lynx, and optimisation at both Paulsens and Kal East, will be key priorities as the company aims to deliver sustainable value to shareholders.

Black Cat Syndicate share price snapshot

Over the past 12 months, Black Cat shares have risen 13%, outperforming the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

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The post Black Cat Syndicate posts record FY26 earnings and profit turnaround 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.

The Lindian Resources Ltd (ASX: LIN) share price is in focus today after the company announced it has secured an exclusive option to acquire 13,389 tonnes of heavy rare earths feedstock in Kazakhstan, with the potential to evaluate an additional 15,000 to 20,000 tonnes—all without upfront cash outlay.

What did Lindian Resources report?

• Exclusive option to acquire 13,389 tonnes of heavy rare earths (dysprosium, terbium, yttrium) from the Aktau Stockpile.
• Over 7,500 tonnes prepared for transport, balance to be dried before shipping to the SARECO facility.
• 12-month period of exclusive rights to evaluate an additional 15,000–20,000 tonnes of above-ground material.
• No upfront cash payment for exclusivity or for the option to acquire.
• Testing underway to assess composition; potential to broaden rare earth product suite.
• Established rail logistics between Aktau and Stepnogorsk plant.

What else do investors need to know?

Lindian’s access to a large stockpile in Kazakhstan gives it an in-country feed source for its 100%-owned SARECO rare earth processing plant. This complements the company’s Kangankunde project in Malawi, which is focused on neodymium and praseodymium.

There’s no resource or reserve yet defined for the Aktau Stockpile, and economic viability will depend on ongoing assay and testwork results. However, these tests could potentially confirm a new revenue stream from high-value heavy rare earths, helping Lindian diversify and strengthen its presence in the critical minerals market.

The company currently enjoys a flexible arrangement and may, subject to permissions and successful testwork, move forward with both Aktau and Kangankunde as sources of supply for SARECO.

What did Lindian Resources management say?

Lindian Resources’ Executive Director Zac Komur, said:

Aktau is strategically important because it was historically used as feedstock for SARECO, providing Lindian with the opportunity to re-establish an in-country rare earth feed source for the facility. Dy and Tb are among the most strategically important rare earths used in high-performance permanent magnets, while yttrium has important applications across aerospace, electronics and defence. Establishing meaningful exposure to these elements would materially broaden Lindian’s position across the rare earth value chain.

What’s next for Lindian Resources?

Lindian is undertaking sampling and metallurgical testwork at the Aktau site, with results expected in coming months. Subject to positive tests and regulatory approvals, the company could ramp up feed to its SARECO plant even before Kangankunde supply commences.

In the medium term, Lindian’s strategy is to position SARECO as a flexible, multi-feed rare earths processing platform, serving end-markets with both light and heavy rare earth products. The company is also advancing Stage 1 development and feasibility work at Kangankunde, with first production targeted for late 2026.

Lindian Resources share price snapshot

Over the past 12 months, Lindian Resources shares have surged more than 200%, far outpacing the All Ordinaries Index (ASX: XAO).

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The post Lindian Resources secures heavy rare earths supply deal for SARECO facility 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.

Wesfarmers Ltd (ASX: WES) has been a compelling ASX dividend share for a number of years, and that could continue to be the case, based on projected payouts.

Wesfarmers is the business behind a number of leading Australian retail names, including Bunnings, Kmart, Officeworks, Priceline, Target, and others.

It also has a healthcare division and a chemicals, energy and fertiliser segment called WesCEF, which includes its lithium mining operations.

The company has regularly produced impressive results for shareholders and FY26 was no different with solid underlying performance.

In the 2026 financial year, Wesfarmers reported that underlying earnings per share (EPS) grew by 8.3% following 3.4% revenue growth. Bunnings Group saw earnings growth of 5.1% to $2.45 billion and Kmart Group saw earnings growth of 6% to $1.1 billion.

FY27

The company’s FY27 has started off solidly, with good sales growth for both Bunnings Group and Kmart Group. Those are the two core earnings drivers of the business, so it’s good to see the company has started FY26 in a good position.

Wesfarmers said that in the first seven weeks of FY27, Bunnings’ sales growth was slightly stronger compared to the second half of FY26. Kmart Group sales growth was “in line” with the second half of FY26.

Based on that trading update and commentary on the progress of the rest of the business (including the lithium segment), the projection on CommSec suggests Wesfarmers could grow EPS again in FY27 by around 10%.

However, the current projection suggests the business could deliver an annual dividend per Wesfarmers share of $2.40. That translates into a potential grossed-up dividend yield of 4.3%, including franking credits.

FY28

The forecast suggests that Wesfarmers could increase its payout and earnings in the following financial year.

According to the projection on CommSec, the company is projected to pay an annual dividend per Wesfarmers share of approximately $2.61 in FY28. This would translate into a possible grossed-up dividend yield of 4.7%, including franking credits.

Depending on what happens with the lithium price, the Wesfarmers WesCEF division could play an important role in overall earnings generation.

FY29

For the final financial year of this series of projections, the annual payout could get even better.

According to the projection on CommSec, the business could pay an annual dividend per Wesfarmers share of $2.71 in the 2029 financial year.

If the business does deliver that level of passive income, it would translate into a grossed-up dividend yield of 4.9%, including franking credits.

I think it’s one of the most impressive ASX blue-chip shares for dividends, though it’s certainly not cheap at this valuation.

The post Here’s the dividend forecast out to 2029 for Wesfarmers shares appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison 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 Wesfarmers. The Motley Fool Australia has recommended Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.