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nipper

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  1. In the three weeks since listing, APS got down to 12c, now a bit of a rebound to 18c so still below IPO price
  2. Investor presentation today, no guidance provided but an upbeat commentary. Up 12% to $7.60
  3. Listing date 25 May 2022 ; 11:30 AM AEST ## Company contact details https://nordicnickel.com/ Principal Activities Mineral Exploration Issue Price AUD 0.25 Issue Type Ordinary Fully Paid Shares Security code NNL Capital to be Raised $12,000,000 Expected offer close date 11 May 2022 Underwriter Not underwritten. Taylor Collison Limited and Vert Capital Pty Ltd (Joint Lead Managers).
  4. Nordic Nickel Ltd (NNL) is focussed on discovering, developing, and supplying sustainably sourced, low carbon intensive critical minerals. Its projects are located in Europe (which is expected to become the second largest EV battery manufacturing hub outside of China) and in a region which is known to host world class nickel, copper and cobalt deposits but remains largely underexplored. The Company has secured rights over a 425km2 district scale land package of previously explored and highly prospective nickel sulphide tenements in the Central Lapland Greenstone Belt of Finland. Finland is one of the first countries in Europe to develop a National Battery Strategy which recognises the country has a unique position across the full value chain in critical minerals and encourages development in the country. The Company has its flagship Pulju Project which contains widespread nickel sulphide mineralisation in a region known to host world class nickel sulphide deposits. Previous drilling undertaken by Outokumpu (1982 to 1998) was shallow and focussed on near surface disseminated nickel. Nordic Nickel obtained access to the historic database and core of 51 holes drilled at the Pulju Project in 2021 and has undertaken initial geophysical surveys using Borehole Electromagnetic (EM) surveys and Fixed Loop EM with early indications showing strong conductors typically associated with massive sulphide mineralisation at depth. In addition to the Pulju Project, Nordic Nickel has negotiated an earn-in agreement to acquire up to 75% of the Maaninkijoki 3 Project (MJ3 Project) over two stages. The MJ3 Project is located 10km east of the world class Sakatti Ni CuCo PGM deposit and is prospective for similar intrusive hosted or komatiite hosted magmatic nickel sulphides. Magnetic surveys at Maaninkijoki indicate interesting anomalism within the MJ3 tenement area and early stage base of till sampling contained the highest copper and nickel anomalies across the Maaninkijoki group of tenements. It is anticipated that NNL will list on the ASX during May 2022.
  5. Now 12c Strategy KalGold has the aim to assess and advance its key gold projects through rigorous exploration for the benefit of its shareholders. The Company project portfolio has been selected for its overlooked gold potential in one of the most prolific gold mineralised regions on Earth. This comprises a mixture of: 1. Mineralised, historically mined projects that have not been recently explored due to historic ownership structures. This applies particularly to the Bulong Taurus project and parts of the Pinjin project. 2. Highly prospective tenure that has been the focus of other styles of mineral exploration. Most of the KalGold tenure lies along transcrustal structures that control regional and local gold mineralisation distributions. Exploration in the last 30 years has been almost exclusively focused on nickel, with little to no gold assessment. Aubils, Boyce Creek, JumpUp Dam and Lake Rebecca projects are examples of this type. 3. Light bulb projects where new concepts will prompt gold exploration. Examples include the reinterpreted geology at Ninga Mia project and dilational structures in granite at Pianto South. Finance and Use of Funds The Company cash position was $4.87M at Quarter end with no debt. Issued capital as at, 31 December 2021 was 86,434,600 shares, with 48.8 million Options and 745,000 Performance Rights. Expenditure incurred on exploration activities during the quarter was approximately $529,000. No expenditure was incurred on mining production or development activities during the quarter.
  6. and in a trading halt in relation to recent drilling results at the Paris Project. 21c to 25c on Friday on a bit more volume;
  7. A father buys a lie detector robot that slaps people when they lie. He decides to test it out at dinner one night. The father asks his son what he did that afternoon. The son says, "I did some schoolwork." The robot slaps the son. The son says, "Ok, Ok. I was at a friend's house watching movies." Dad asks, "What movie did you watch?" Son says, "Toy Story." The robot slaps the son. Son says, "Ok, Ok, we were watching porn." Dad says, "What? At your age I didn't even know what porn was." The robot slaps the father. Mom laughs and says, "Well, he certainly is your son." The robot slaps the mother. Robot for sale.
  8. every time E2M surges, it then loses as much or more, and in double quick time. Went from 20c to $1.00 late Oct 2020 (on exceptional gold and silver drill results from the first gold and silver assay results for the recent drill program at the Mia prospect, Conserrat Project, located in the Santa Cruz province of Argentina. ) Back to 24c, then to 40c in Nov 2021 (discovery of significant gold mineralisation from the first scout holes at Andrea Sur) Back to 18c, then up to 30c in Mar 2022 (placement of new fully paid ordinary shares to institutional and sophisticated investors, .... from a broad range of high quality, domestic and international institutional investors, including renowned global investor Eric Sprott who will emerge as a substantial shareholder.) That raised $8.5 million and was done at 17.5c, plus attaching option on 1:2 basis, exercisable at $0.26 and to expire on 31 Mar 2024. But the SP slumped and is back around the 17c to 18c range. Sprott now has an 8.61% holding
  9. The shareprice is pushing higher, now $1.16 and got as high as $1.33 on Friday ..... and Glen Dyer has a piece on it: https://www.sharecafe.com.au/2022/05/20/nuggets-galore-from-the-local-resources-sector/ Further south in WA, Galileo Mining has stirred the market with news confirming a possible significant palladium platinum discovery at its Norseman prospect, a region better known for gold and nickel. The excitement has come from three separate strikes in a single drill hole from 144 metres to 177 metres, holding out the possibility that there could be a significant area of mineralisation about 140 to 200 metres below the surface. Galileo revealed a 33 metre intersection at two grams to the tonne (g/t) of 3E minerals (palladium, platinum and gold) in one drill hole from 144 metres. That comprised 1.64 g/t palladium, 0.28 g/t platinum and 0.09 g/t gold. Assays of 0.32% copper and 0.30% nickel was also found in the same hole. This intersection was located within a wider 55 metre disseminated sulphide zone from 121 to 186 metres, suggesting the presence of a larger mineralised system. Galileo also hit 6 metres at 2.69 g/t 3E, 0.41% copper and 0.36% nickel from 159 metres, as well as 1 metre at 3.21 g/t 3E, 0.48 per cent copper and 0.46 per cent nickel from 176 metres. Galileo managing director Brad Underwood said in the ASX statement the discovery highlighted the growing potential. This an exceptional result from our Norseman project and with every drill hole undertaken so far intersecting mineralisation, we are hopeful that the initial drill hole will translate into a high quality resource for mining, he said. While we are at an early stage in the discovery process, the thick and consistent zone of mineralisation, and the extensive prospective strike length, suggests the potential for a large mineralised system. Galileo has named the prospect Callisto, and has drilled six holes so far. In addition to Callisto, we also have multiple platinum group elements /nickel /copper targets at our Jimberlana and Mission Sill prospects to the south that offer new opportunities for further discoveries, he said. Galileo remains fully funded with $8.2 million at the end of the March quarter and able to continue aggressive exploration programs at all our projects. Assays from a further five drill holes are pending, while more sampling is taking place from the single NRC266 hole. Well known WA prospector Mark Creasy owns a 24.6% stake and IGO owns 8.9% , which puts it in the box seat to snap up the company if the prospect is proved up.
  10. Cyprium Metals Limited (CYM) is a copper development company with a portfolio of advanced stage exploration and development projects located in Western Australia. the current Cyprium portfolio of assets includes 1.2Mt of contained copper. Current Market cap is close to $90 million. SP is 15c (above 30c a year ago) https://www.sharecafe.com.au/2022/05/20/nuggets-galore-from-the-local-resources-sector/ Cyprium Metals has been looking again at the well worked and drilled Nifty copper region in the eastern deserts of the Patterson province in WA which is on its way to being confirmed as one of the hottest areas in Australian mining. Telfer, Havieron, Winu and Nifty have ignited or rather re-ignited interest in this huge area of desert. This week, Cyprium revealed a boost in the contained copper content at the old Nifty mine to 940,200 tonnes. That was from the 2019 figure of 658,500 tonnes (47.29 million tonnes of ore at 1.39% copper). Nifty was one of the earliest discoveries in the area in 1980 by Western Mining after the old Newmont Telfer prospect became a goer in 1977. Telfer is now owned by Newcrest (the descendant of BHP Gold) and its Havieron prospect (held with Greatland Gold of London) and associated discoveries are now slowly being turned into one, large mining centre. The Nifty mine is located on the western edge of the Great Sandy Desert, approximately 330 kilometres southeast of Port Hedland. Nifty is the sixth largest development project in Australia, ranked by contained copper metal, but has the highest grade and is the only project being developed in the near term, according to Cyprium. Nifty has had at least five owners since 1980 and the mine has been worked intermittently over the years, closing and reopening with different owners. In 2019 it was placed on a care and maintenance basis but was later picked up by Cyprium Metals is now moving towards a two stage revitalisation plan. Past mining of the Nifty deposit was by open pit and by underground methods. In the first phase of the production restart, Cyprium is planning to transition back into open pit mining with the production of copper metal via heap leach, SX EW processing technologies following a refurbishment of the existing facility. A fully functioning 2.8 million tonnes a year flotation concentrator is located on site in a care and maintenance state and can treat the deeper sulphide mineralisation. Cyprium says drilling programs confirmed copper mineralisation was still open to the southeast and west of the main mining areas. The operation is currently transitioning from a care and maintenance regime into an open pit mining re-start. Cyprium managing director Barry Cahill said the increase in the contained copper metal for Nifty was significant. Once again, this demonstrates the quality and scale of the Nifty deposit, which remains open. The updated MRE provides additional copper metal inventory for the Nifty phase 1 oxide copper project and underpins a potential open pit mine-life of greater than 20 years, he said this week. Further assay results from the Nifty east drilling program, which targeted the shallower oxide zone of the deposit, are expected to further extend the Nifty phase 1 oxide mine life, Cahill said.
  11. nipper

    360 - LIFE360 INC.

    Chairman at the AGM; Address and Presentation out. ... seems to have arrested the plunging performance, and SP has lifted 10% from $3.61 Our CY22 earnings expectations are unchanged from the April 2022 guidance: ▪ Core Life360 subscription revenue (not including Tile and Jiobit) growth in excess of 50%; ▪ Consolidated revenue of US$245 to 275 million for subscription, hardware and indirect revenue; ▪ Consolidated Non GAAP Underlying EBITDA loss (excluding Stock Based Compensation and non recurring items)* in the range of US$(32) to (38) million. This includes efficiencies flowing in the second half from the Tile integration and restructuring. Life360 expects to finish CY22 with cash and cash equivalents in the range of US$65 to 70 million. This includes financing related cash outflows of approximately US$8 million. This is a strong capital position to fund future growth. In addition, as demonstrated in the COVID19 period in CY20, Life360 has a flexible expense model, with discretionary marketing spend of approximately US$44 million currently projected in the period from July 2022 to December 2023. While we are currently committed to driving growth, this provides an additional buffer to support the balance sheet. We expect Life360 to be on a trajectory to consistently positive Operating Cash Flow by late CY23, such that we record positive operating cashflow for CY24.
  12. AR1 0.205 0.415 102% in a three week span, it has doubled closed today on highest point
  13. AR1 had been in a Trading Halt to answer an ASX query. Back trading now, up 10% to 40c. The substance of the reply is as follows: Austral Resources Australia Ltd continues to deliver on its Initial Public Offering objectives and milestones through: The commencement of mining at Anthill in January this year and removal of overburden. The increase in ore production at Anthill. Securing its cash position via an offtake and prepayment agreement with Glencore. Commencement of ore shipments from the Anthill Mine to the Mt Kelly plant. Imminent commencement of heap leach stacking and projected increase in copper cathode production from approx. 100 tonnes per month to 1,000+ tonnes per month. Continued and ongoing discussions with multiple potential joint venture partners. Austral is also aware of the Stockhead article One copper stock to watch as Robert Friedland’s ‘supply cliff’ approaches and specifically that the Company CEO, Mr Steve Tambanis hinted that an exploration deal with an industry gorilla was not far off. The article and statements within in it broadly reflect AR1’s disclosures on this point. However the Board of AR1 is of the view that the terminology used is uncertain and lacks specificity as to what constitutes an industry gorilla and the timing of when such exploration deal will be consummated. AR1 seeks to address and clarify statements made in this article: Since listing on ASX, the Company has been approached by multiple parties seeking to conduct earn in and joint venture arrangements over its current tenement suite. AR1 has consistently advised the market that it is in discussion with potential joint venture partners; more recently in its last Quarterly Report and RIU Conference Presentation. When selecting potential joint venture partners, the Austral Board adopts a disciplined assessment criteria in ensuring any such arrangement delivers value to shareholders. Key components in such assessment must include their respective exploration expertise, reputation and financial standing. Consequently, AR1 is reviewing a number of joint venture opportunities and participants that the Board considers meet the key elements of that criteria (i.e. significant participants in the mining and exploration industry). AR1 is currently negotiating an indicative non binding earn in and joint venture transaction with a significant participant in the mining industry that meets that criteria. The transaction term sheet is advanced but remains subject to final negotiation and execution. Once executed, the parties intend to formalise the transaction by negotiating and entering into binding documentation.
  14. Following a strategic review, the board of Tabcorp Limited (TAH) resolved to demerge its Lotteries and Keno business and on 12 May 2022 Tabcorp shareholders overwhelmingly approved the demerger of The Lottery Corporation Limited from Tabcorp. The Lottery Corporation (TLC) is the leading lottery and Keno operator in Australia with a portfolio of high profile, recognised brands and games, with 742 expected employees as at 14 February 2022. The Lottery Corporation holds exclusive and/or long dated lottery licences and approvals to operate in all Australian States and Territories (excluding Western Australia), with a distribution network of 3,863 lottery outlets (as at 31 December 2021) as well as its digital platforms. The Lottery Corporation is also licensed to provide Keno products to venues across New South Wales, Victoria, Queensland, South Australia and the Australian Capital Territory (including digital approvals in the Australian Capital Territory and Victoria). Keno can be played in 3,409 venues (as at 31 December 2021) as well as online. As it is a spinoff, there is no raising of capital but legal incorporation and company structure of Board and management needs to be done. Listing date 24 May 2022 ; 11:00AM AEST ## Company contact details http://www.thelotterycorporation.com/ Ph: (07) 3877 1010 Principal Activities Australian lottery operator and provider of Keno products with operations in all Australian states and territories except for Western Australia, and distribution through retail outlets, Keno venues and online. Issue Price N/A Issue Type Ordinary Fully Paid Shares Security code TLC Capital to be Raised N/A Expected offer close date N/A Underwriter N/A
  15. after running hard to nudge $10 a share on the exciting news from Julimar last Nov, the SP has tracked down to be around $5.70. Part of the problem is the very location close to Perth also puts it in the spotlight of environmentalists and lifestyle residents in the Toodyay area. With the full scale of the resource as yet undefined but showing up in geomag surveys AND being under a State Forest, there has been considerable opposition. It appears further exploration can now proceed, but with significant caveats.
  16. ............ and GSR has risen from under 3c to 4.8c in the last week The Mt Thirsty Co Ni Project is a Joint Venture (Conico 50%, Greenstone Resources Ltd 50%); MT THIRSTY GEOLOGICAL REVIEW FOLLOWING NEIGHBOURING DISCOVERY BY GALILEO Geological review underway at Mt Thirsty following recent discovery by Galileo Mining Ltd (ASX: GAL) Galileo’s Callisto discovery only 200 metres from northern tenement boundary held by the MTJV Continuity of the prospective mineralised horizon onto MTJV tenure supported by lithology & geophysics Prospective mineralised horizon remains untested with a further 1.5km extending onto MTJV tenure Program of Work application underway with DMIRS to support maiden 2,000 metre drill campaign Maiden drill campaign expected to begin within the next 6 to 8 weeks, and taking 4 weeks to complete Broader regional geological review underway assessing nickel sulphide and LCT pegmatite potential
  17. Conico Ltd (CNJ) was focused on mineral exploration in Greenland, as well as a Joint Venture (Conico 50%, Greenstone Resources Ltd 50%) looking for Copper/ Nickel at Mt Thirsty in WA East Greenland presents an exciting opportunity for the Company with renewed interest in battery metals and security of supply for raw materials. This underexplored part of Greenland has already seen the operation of a highgrade Pb Zn Mine (which ceased operations in 1962) at Blyklippen (within the Mestersvig license) and reconnaissance exploration and geophysical surveys by Conico over the previous two field seasons. This, together with the maiden 2021 drill program, has highlighted the potential for magmatic nickel and copper sulphides, strataform copper, vein hosted Zn Pb Cu Ag mineralisation and layered intrusions that are known to host Platinum group metals. The 2022 field season will comprise further drilling at Ryberg (commencing at the Miki, Sortekap and Pyramid Prospects) together with the Company’s first drill program at Mestersvig following up down dip and along strike extensions at the old Blyklippen mine (past production of 545,000 tonnes at 9.3% Pb and 9.9% Zn between 19561962), high grade zinc mineralisation from previous drilling at Sortebjerg and high grade Pb Cu Ag surface mineralisation identified by Conico at the Nuldal Prospect in 2020. A 1 for 6 rights issue at $0.013 in April 2022, now closed, is looking to raise $A2.5million, to fund the following: 1. the 2022 East Greenland Exploration Program at Longland’s Greenland licences, that include the Ryberg (Ni-Cu-Co-PGE-Au) and Mestersvig (Pb Zn) projects in East Greenland (Conico 100%); 2. further assessment of the Mt Thirsty Co Ni Project (Conico 50%, Greenstone Resources Ltd 50%); 3. administrative costs and expenses and ongoing working capital to cover operating expenses of the Company, assuming this Rights Issue is fully subscribed, for approximately 12 months In news today, the shares rocketed 50% to 3.2c MT THIRSTY GEOLOGICAL REVIEW FOLLOWING NEIGHBOURING DISCOVERY BY GALILEO Geological review underway at Mt Thirsty following recent discovery by Galileo Mining Ltd (ASX: GAL) Galileo has the Callisto discovery only 200 metres from northern tenement boundary held by the MTJV Continuity of the prospective mineralised horizon onto MTJV tenure supported by lithology & geophysics Prospective mineralised horizon remains untested with a further 1.5km extending onto MTJV tenure Program of Work application underway with DMIRS to support maiden 2,000 metre drill campaign Maiden drill campaign expected to begin within the next 6-8 weeks, and taking 4 weeks to complete Broader regional geological review underway assessing nickel sulphide and LCT pegmatite potential
  18. WMA is still trading under NTA ($1.09 now; versus a stated $1.25 as at 30 Apr). And now there seems to be a bit of a tilt, looking to generate some cash by selling down (?) the biggest holding to redeploy in other asset classes. One of the best performing positions within the Company investment portfolio is its investment in the Argyle Water Fund, managed by its investment partner Argyle Capital Partners. This investment represents 35.1% of the total investment portfolio through a direct investment and an indirect exposure through its investment in the Strategic Australian Agriculture Fund, as at 30 April 2022. The exposure to the Argyle Water Fund has grown over time since the Company inception in 2014. As part of the Company’s revitalisation approach and long term investment outlook, Wilson Asset Management will look to gradually reposition its exposure to the Argyle Water Fund between 15% and 20%. This repositioning will further facilitate a combination of high quality assets within the portfolio and enable the Company to enter into new investment opportunities in other asset classes such as private debt and infrastructure.
  19. nipper

    GEV

    On 16 May, 2022, Global Energy Ventures Ltd (GEV) changed its name and ASX code to Provaris Energy Ltd (PV1). Provaris Energy Ltd (PV1) , formerly Global Energy Ventures Ltd, is an energy transition company with a mission to deliver compressed shipping solutions for transporting energy to regional markets
  20. In Australia, the consumer staples sector fell 3.1 per cent, and was the worst among the 11 sharemarket sectors, followed by consumer discretionary shares and tech stocks, which each fell 2.7 per cent. The action weighed on Wesfarmers, the Bunnings parent, which dropped 7.8 per cent. It is now below $46, the lowest point since late 2020. Woolworths fell 5.6 per cent and JB HiFi 6.6 per cent. This market action followed on from a tough night on Wall St; with the Nasdaq benchmark down 5.1 per cent including a tumble for US retailers. The likes of Walmart and (US) Target have cautioned in the latest quarterly earnings season about the effects on profits from rising costs as inflation bites across the US economy and supply chain kinks affect operations. The US consumer discretionary sector ended the day 6 per cent lower with Target suffering its worst day since 1987 with a 25 per cent tumble after voicing worries about rising prices in its March earnings results. Target has been the latest big US retailer, covering both consumer staples and discretionaries, to trim its profits forecasts, said an analyst.
  21. Torian Executive Chairman, Mr Paul Summers, said Torian had emerged this year as a multi commodity explorer focused on gold, REEs, and now, critical minerals. The sheer size and homogenous distribution of scandium and cobalt at our Yttria prospect is an exciting addition to our endowment of the five most in demand REEs (dysprosium, terbium, europium, neodymium and yttrium). An exceptionally high ratio of HREEs, a lack of processing nasties uranium and thorium, and the potential of a 3.6km continuous HREE corridor amenable to known extraction technologies combine to position Yttria as a significant discovery for Torian. In recognition of the company transformation, Mr Summers said a resolution to change the name of Torian Resources Limited to Asra Minerals Limited was made at the company’s Annual General Meeting on Monday, 16 May 2022. Torian was known for just gold. Asra will be known for gold, clean heavy rare earths, and critical minerals. The company has a new triple play focus which deserves rebranding.
  22. and going for a 50% run today; from 87c to $1.28 on news Reckon signs agreement to sell Accountants Practice Management Group for $100 million Highlights ▪ All cash sale for $100 million of Accountants Practice Management Group to The Access Group, subject to regulatory approvals in Australia ▪ Board and management believe the Transaction represents good value for shareholders relative to the market capitalisation of the Company ▪ Purchase price represents a 4.6x multiple of FY21 revenue and 8.4x multiple of FY21 EBITDA for the Accountants Practice Management Group ▪ Following completion, Reckon plans to return the majority of proceeds, net of taxes, to shareholders via a special dividend. ▪ Post transaction, Reckon would comprise the Business Group and the Legal Practice Management Group, which together generated ~$50 million of revenue and EBITDA of ~$17 million in FY2021, representing ~70% and ~60% of company pre Transaction revenue and EBITDA respectively ▪ Management is to focus on the remaining businesses and believes Reckon is well positioned to take advantage of the strong global market opportunities that exist for both divisions, with its expanding cloud product set
  23. On 19 May 2022, Torian Resources Limited (TNR) changed its name and ASX code to Asra Minerals Limited (ASR).
  24. nipper

    WPR - WAYPOINT REIT

    Waypoint REIT (WPR) is the largest listed REIT in Australia owning solely fuel and convenience retail properties with a high quality portfolio of properties across all Australian States and mainland Territories. Waypoint REIT has the objective to maximize the long term income and capital returns from its ownership of the portfolio for the benefit of all securityholders. On 18 May, 2020, Viva Energy REIT Limited (VVR) changed its name and ASX code to Waypoint REIT Limited (WPR). Waypoint REIT is a stapled entity in which one share in Waypoint REIT Limited (ABN 35 612 986 517) is stapled to one unit in the Waypoint REIT Trust (ARSN 613 146 464). CURRENT PORTFOLIO • 433 F&C sites (97% are with VEA) • Portfolio quality improved via asset sales • $3.1bn portfolio value (5.16% WACR) • 10.0 year WALE • 30.1% gearing (30 to 40% target range) WORLD CLASS OPERATORS • VEA supplies approximately one quarter of the Australian downstream petroleum market, and has sole rights to the Shell brand for the sale of retail fuels in Australia • Sites operated by one of our leading retailers, Coles (Coles Express)
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