VHM (ASX:VHM) reported that its loss per diluted share in the fiscal first half widened to AU$0.03 from AU$0.02 a year earlier, according to a March 7 filing with the Australian bourse.

Income for the six months ended Dec. 31, 2024, was AU$93,000, down from AU$470,000 in the same period a year earlier.

The critical minerals company said it cannot assure securing further financing in the future and raised concerns about its ability to continue as a "going concern."