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nipper
Posted on: Today, 08:41 PM


Group: Member
Posts: 10,069

:SUL operates several retail formats, including Supercheap Auto, BCF, Macpac, and Rebel Sport. All of these have benefited to some extent from the trends resulting from COVID: repairing cars, holidaying locally and increased exercising.


The company has managed its inventory well despite many supply chain challenges and is well placed for a reopening of the economy later in the year. Cost management has also been good, benefiting somewhat from lower rent with many landlords under pressure.


Super Retail’s strong capital position is allowing it to commit to 55-65% payout of earnings, retaining plenty to keep investing in the business. Its recently released FY21 results were ahead of market expectations and it has subsequently enjoyed earnings upgrades for FY22 and FY23; we see scope for further upgrades over the course of the year as better trading conditions and a strong online strategy more than offset any reopening pressure.

Alphinity
  Forum: By Share Code

nipper
Posted on: Today, 06:47 PM


Group: Member
Posts: 10,069

NVA is raising capital ..... $15 million, upsized from an initial $10M, at 11c a share. Nova was trading at 14.5c on Friday.

The flagship asset for Nova is its Estelle Gold Project in Alaska, where recent sampling has come back with results strong enough to start the pre feasibility study and initial drill program.

The company also owns a controlling stake in Snow Lake Resources, a lithium project, which has filed for an initial public offering in the United States valuing it at about $US120 million.
  Forum: By Share Code

Poll: Uranium
nipper
Posted on: Today, 05:39 PM


Group: Member
Posts: 10,069

70 Years of Global Uranium Production by Country

Uranium was discovered just over 200 years ago in 1789 . .. .... The first commercial nuclear power plant came online in 1956. Before that, uranium production was mainly dedicated to satisfying military requirements.
.... However, the end of World War II marked the beginning of two events that changed the uranium industry . ... the Cold War and the advent of nuclear energy. Between 1960 and 1980, global uranium production increased by 53%. In 1960, 15 reactors were operating globally. By 1980, this number increased to 245.

https://elements.visualcapitalist.com/70-ye...ion-by-country/

..-----..---.-..----.----..

Overall, the top 10 countries accounted for 99% of global uranium production, and the majority of this came from the top three. However, global production has been on a downward trend since 2016, with a slight bump in 2019. The uranium market is at an inflection point, with tightening supply and rising demand.

As of 2020, mine production covered only 74% of world reactor requirements, and analysts expect the market deficit to continue through 2022.....
  Forum: Macro Factors

nipper
Posted on: Today, 02:04 PM


Group: Member
Posts: 10,069

QUOTE
there seems to be a change of focus, towards Rare Earth elements
... and the SP has risen, though there have been no further announcements in the month. Up from 5c to 7c and on Friday, to 8c
  Forum: By Share Code

nipper
Posted on: Yesterday, 08:35 PM


Group: Member
Posts: 10,069

1. In response to a number of enquiries and media articles that have been published regarding the construction and operation of a regional quarantine facility at Wellcamp and as announced by the Queensland Government on 26 August 2021.
It would appear that there has been some confusion as to the relevant parties involved with the Facility. The Facility will be developed under a joint agreement between the Queensland Government and Wagner Corporation Pty Ltd (an entity owned by the Wagner family) and not the Company. Wagner Corporation Pty Ltd is the owner of the Wellcamp Airport and surrounding Wellcamp Business Park, being the proposed location for the Facility. The Company has no interest in Wagner Corporation Pty Ltd or direct involvement with the development of the Facility.
QUOTE
The Company would hope to be one of a number of suppliers of construction materials and services for the [quarantine] Facility however this would not have a material impact. The Company will otherwise have no involvement in the development or ongoing operation of the Facility.


2. In response to an announcement made by the Wagner family and Boeing today regarding the establishment of a Boeing assembly facility for the Boeing Airpower Teaming System at the Wellcamp Aerospace and Defence Precinct.
The Facility will be developed as a partnership between the Queensland Government and Boeing, with the selected location for the Facility being at the Wellcamp Aerospace and Defence Precinct, owned and developed by Wagner Corporation Pty Ltd (an entity owned by the Wagner family). This precinct neighbours the Wellcamp Business Park, from which Wagners' Composite Fibre Technologies manufacturing facility operates. The Company otherwise has no interest in Wagner Corporation Pty Ltd or direct involvement with the development or operation of the Facility.
QUOTE
With innovation and sustainability a key focus for the precinct and development of the Facility, the Company sees this as a great opportunity to showcase its innovative and sustainable building materials as a materials supplier for the [Boeing assembly] project. While the development of the Facility could require the supply of substantial volumes of Wagners' Earth Friendly Concrete and other material supply, this will not have a material impact on earnings in FY22.
  Forum: By Share Code

nipper
Posted on: Yesterday, 11:13 AM


Group: Member
Posts: 10,069

Stocks in the portfolio of NCC, the Naos microcap LIC, include companies like BTC Health (ASX:BTC), a Pooled Development Fund (PDF) that focuses on the distribution of medical devices and pharmaceutical products.

QUOTE
A PDF means that all income and capital gains are all tax-free for the investor, explained CIO and MD Sebastian Evans.

We know the founder of BTC, he previously ran a very successful business buying medical distribution companies, and wanted to become much bigger. We own 29.9 per cent of BTC as we can not own more than 30 per cent of a PDF.


BTC Health deals in niche medical devices and out of the whole NCC portfolio, Evans believes the company probably has the biggest potential to be something significant.
  Forum: By Share Code

nipper
Posted on: Yesterday, 10:13 AM


Group: Member
Posts: 10,069

Ally Selby (Livewire Markets): Next up we have Nitro Software, a business born in Melbourne in 2005. Flash forward 16 years, and it has 2.8 million users in over 155 countries. Mike, I will stay with you. Is it a buy, hold or sell?

Mike Murray (Australian Ethical): I am going to go with a buy on this one, Ally. We actually hold this in our active portfolios. We are excited about the opportunity for this company. It meets a couple of things that we look for: it has a global market for its product, and it has a very big market, it has a recurring subscription based revenue model, and the pricing of its product is quite attractive. So it is coming in under the pricing of Adobe, which really owns that market, so it is a buy for us.

Ally Selby (Livewire Markets): Nathan, over to you. It has not been able to turn a profit yet. Is it a buy, hold or sell?

Nathan Hughes (Perpetual): I am going to disagree with Mike and say it is a sell, but that is really driven by valuation. I think it is a really interesting product, and as Mike said, it has a really massive market opportunity in front of it. They are delivering strong revenue growth and a lot of that is recurring, but we are not seeing any of that translate into profitability and continued losses are forecast, so from our standpoint, it is a sell.
  Forum: By Share Code

nipper
Posted on: Yesterday, 10:08 AM


Group: Member
Posts: 10,069

Nitro Software Ltd (NTO) is a global document productivity software company that aims to drive digital transformation in organisations around the world across multiple industries. The Companys core solution, the Nitro Productivity Suite, provides integrated PDF productivity and eSignature tools to customers through a horizontal, SaaS and desktop based software suite. The solution allows knowledge workers to productively manage and process documents for many functions including editing, collaboration, storage and electronic signing.

Nitro was founded in 2005 in Melbourne, Australia, offering Nitro Pro as an alternative to Adobe Acrobat for desktop PDF productivity. Nitro Pro was initially sold online, but sales channels have since expanded to include their own and growing sales team, as well as a global partner network of software resellers.

In 2016, Nitro began transitioning from a perpetual or onetime licensing model to a subscription licensing model, as well as commencing a focus on the enterprise market.

In 2018, Nitro introduced the Nitro Productivity Suite, a document productivity solution enabling customers to receive PDF productivity tools, eSignature capabilities and usage and ROI analytics through an integrated desktop and cloud solution.

It listed in Dec 2019 at $1.50 and is now trading around $3.68
  Forum: By Share Code

nipper
Posted on: Yesterday, 10:04 AM


Group: Member
Posts: 10,069

NTO, NORTHERN TERRITORY OIL LIMITED .... never listed on the ASX .... just a twinkle in some entrepreneural eye
  Forum: By Share Code

nipper
Posted on: Yesterday, 09:49 AM


Group: Member
Posts: 10,069

Ally Selby (Livewire Markets) : Next up we have PEXA, which was listed on the ASX on 01 July this year. Nathan, I will stay on you, is it a buy, hold or sell?

Nathan Hughes (Perpetual) : Again it is a sell, Ally, but really that is valuation driven. I mean, PEXA is a really unique business. So they are dominant in the Australian market. They have solved a problem for the industry and we think their competitive position here is relatively assured. I do not think that competition, whilst it is there, I do not think it is going to impact them because of their first mover advantage and the links that they have built with industry participants, be it conveyances or banks and the like. There are some concerns that pricing might be kept under check here, domestically. And also, I think in today's valuation, you are assuming success offshore, which comes with execution risk, time and considerable investment.

Ally Selby (Livewire Markets) : Mike, its share price has plummeted around 6% since it listed. Is it a buy, hold or sell?

Mike Murray (Australian Ethical) : I do not disagree with Nathan's comments about the business, except we have a different view on the opportunity. I am going to call it a buy. We own the stock. And really it comes back to the fact that stocks like this rarely look attractive on near term earnings. We are believers in the long term opportunity here. And I think the experience with these kinds of platform style businesses has been, they tend to grow for longer periods of time at higher rates than might be apparent when they first list, so we like this one.
  Forum: By Share Code

nipper
Posted on: Sep 24 2021, 06:14 PM


Group: Member
Posts: 10,069

As we move out of the cooler months and look to reach good penetration rates for vaccinations in Australia, the hope is the virus becomes a transition from Pandemic to Epidemic.

A few snippets:

Unvaccinated NSW residents account for bulk of COVID 19 infections since March.

Nearly 75 per cent of adult Australians have received one COVID19 jab. Some hotspot LGAs in Sydney now have 90%+ rates for first jabs. The laggard states are Qld and WA.

About 82 per cent of the Singapore population is double jabbed but that is not enough to keep the number of people seriously ill with COVID19 from rising. In the last four weeks, 97.9 per cent of the 15,791 infected had no, or mild, symptoms, 1.8 per cent required oxygen, 0.2 per cent needed intensive care and 0.1 per cent died. Previously a positive PCR test would put you in hospital or a quarantine facility. The default is switching to isolate at home. Chemists have sold out of rapid tests as people get used to the idea that for most, COVID19 care is going to become DIY.

The British experience: vaccination does not mean the end of COVID19. What vaccination means is that for most people, bar the elderly and clinically vulnerable, a potentially life-threatening illness becomes the shittiest flu. And suddenly, the pandemic loses its sting. .... but ... the 36,710 positive cases on Thursday was the highest in a fortnight, and the number is back above 30,000 every day. Now that the summer is over, there's reportedly high incidence in schools. Deaths associated with COVID19 are still upward of 160 a day. But daily admissions to hospital have actually eased off into the 700s, for a total of 7588 altogether.
  Forum: Off Topic Chat

nipper
Posted on: Sep 24 2021, 04:59 PM


Group: Member
Posts: 10,069

not sure what the IPO raise number was, but WNX made it to the ASX mid July around 12c, ran to about 15c but has since retreated to just above 10c


Early Sept update:
• Wellnex Life revenue has increased 49% for the months July and August 2021, compared to Prior Corresponding Period (PCP) July and August 2020
• $2.81 million in recognised revenue does not include significant purchase orders that have already been received, such as:
o... The $1 million initial purchase order received for the new Wagner Liquigesic (Liquid Paracetamol Soft Gel Capsule) due on Chemist Warehouse shelves next month including contract manufacturing for Australian pharmaceutical company.
o... Purchased orders received for Wakey Wakey and The Iron Company products to be ranged in major pharmaceutical and grocery retailers
  Forum: By Share Code

nipper
Posted on: Sep 24 2021, 04:52 PM


Group: Member
Posts: 10,069

GBR has had several lift off moments this year.

Early May ; 4.5c to 10c. ... Early Sept ; 8c to 17c.... and today 15c to 20.5c ... and finally, eventually, followed by trading Halt.
PLUS

 Great Boulder (GBR) intends to demerge its 100% owned Yamarna Copper Nickel Cobalt Project into a dedicated ASX listed battery metal focused vehicle, Cosmo Metals
 The demerger will allow GBR to focus on its flagship high grade Side Well Gold Project and the shallow, large scale Whiteheads Gold Project which are returning outstanding results and creating shareholder value over the past 12 months
 GBR and its shareholders will retain upside exposure to Yamarna through a 41% to 50% cornerstone equity holding in Cosmo Metals (implied value of $5.0M at $0.20 IPO price)
 Existing GBR shareholders will also be entitled to participate in a priority offer of shares in the Cosmo Metals IPO, planned for mid/late Q4 CY21
  Forum: By Share Code

nipper
Posted on: Sep 24 2021, 04:36 PM


Group: Member
Posts: 10,069

and March was 12c to 20c .... May was 14c to 25c then basically flat...

And Sept has seen 25c to 60c, and holding at 58c today

A quick glance at recent announcements would seem to indicate the company has a lot going on, including:

1. Phase II drilling at the Sturec gold mine. Visible Gold, etc etc.
2. Strategic Investment Agreement with Chifeng Jilong Gold Mining (Chifeng takes 5,882,352 MTC shares at 34c for an investment of $2 million).
3. MTC spinning out its lithium assets into Winsome Resources Limited (WR1), due to list on the ASX later this year.
  Forum: By Share Code

nipper
Posted on: Sep 24 2021, 02:25 PM


Group: Member
Posts: 10,069

Domain Holdings has hit a record high during trade today, despite the rest of the sharemarket moving lower.

Shares are up 1.6 per cent to $5.78, with the company’s market capitalisation sitting at $3.4 billion.

Since the start of the year, the company’s shares have soared 27 per cent, alongside a resurgent housing market.

  Forum: By Share Code

nipper
Posted on: Sep 24 2021, 02:09 PM


Group: Member
Posts: 10,069

and down to 14c, but a bit of a kick along with DD results today:

Highlights
• Preliminary assays received from diamond drill hole BRDD003 at Brilliant have returned multiple high-grade gold intercepts within broad mineralisation zones. Key significant intercepts are summarised below :

BRDD003:
• 13.0m @ 2.86 g/t Au from 194.0m, including 6.0m @ 5.77 g/t Au from 194.0m,
• 38.0m @ 1.34 g/t Au from 111.0m, including 1.0m @ 9.05 g/t Au from 111.0m; and 3.0m @ 8.88 g/t Au from 146.0
• 0.5m @ 17.9 g/t Au from 157.0m

• High-grade intercepts in GRDD003 are consistent with previously reported visible gold in the drill core.
• A 38m thick mineralised zone from 111.0m in BRDD003 correlates well with mineralisation 50m downdip in historical hole GRD006 (57m @ 2.55 g/t Au from 201m, including 4m @ 20.2 g/t Au from 236m). This zone remains open at depth below GRD006 as well as along strike and represents a priority target that will be tested in upcoming drill holes.
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nipper
Posted on: Sep 24 2021, 02:04 PM


Group: Member
Posts: 10,069

92 Energy has gone to the markets again, this time with Canaccord Genuity for a $7.15 million institutional placement, offering shares at 72¢ each, which is a 5.9 per cent discount to yesterday's close.

On Monday, 92 Energy announced it had intersected uranium mineralisation at its Gemini Project in the Canadian Athabasca Basin.
The uranium mineralisation is basement hosted, starting at approximately 190m vertically below surface, and is associated with a broad and strong zone of bleaching, clay and hematite alteration controlled by fault breccias and other structures.
The Gemini Mineralized Zone is wide open, both on section and plan view.
• Follow up drilling will be prioritised in 92Es next program, commencing in the Canadian winter. The aim of that program will be to determine the extent of the mineralisation.
• Gemini is located 27km southeast of the McArthur River uranium mine, one of the largest and highest-grade uranium deposits in the world.
  Forum: By Share Code

nipper
Posted on: Sep 24 2021, 01:35 PM


Group: Member
Posts: 10,069

Market cap for ABV all of $14 million
inline brakes. Supplying mining, heavy industry, defence and 4WDs
gone from a loss making entity to one that has made strong increases in revenue and turned a profit for last 3 reporting periods.

FY21 Highlights

Total Revenue of $10.45m, up 15% on previous corresponding period
Operating Sales increased to $9.70m, up 16% on pcp with product sales margins of 46% stable on pcp
• Net Profit result of $0.62m (FY20: $0.17m) and EBITDA result of $0.91m (FY20: $0.65m), a 263% and 40% improvement respectively
• Improved cash position of $1.41m (FY20: $0.52m) delivering positive operating cashflow of $1.2m
• Ongoing resilience in business operations delivers record financial year results despite global impact of COVID 19
• Participated in both the EuroBrake 2021 virtual conference and Land Forces 2021 conference

• Focused on identifying organic and inorganic growth opportunities to drive scale and revenue diversification


  Forum: By Share Code

nipper
Posted on: Sep 24 2021, 09:57 AM


Group: Member
Posts: 10,069

Tesserent is a trading halt, pending release of an announcement concerning a capital raising to support pending acquisitions.
  Forum: By Share Code

nipper
Posted on: Sep 23 2021, 03:36 PM


Group: Member
Posts: 10,069

QUOTE
, 40c to 60c, and back to 40c. Now trading in the sub 30c range. ...
.......... and all the way down, down to 18c.


Now in a Trading Halt:
QUOTE
DC Two is asking a small group of existing investors for funds, as it sets out to upgrade a West Australian data centre. DC Two plans to put the money towards completing its Bibra Lake data centre, meeting existing contracts and commitments, and for general working capital.

The offer, which went out to only its existing investors, is priced at 15¢ per share. It also has a one for two free attaching option exercisable at 30¢ a share with a two year expiry.
  Forum: By Share Code

nipper
Posted on: Sep 23 2021, 01:18 PM


Group: Member
Posts: 10,069

And RRR is trading today .... opened at 24c and is now 23c
  Forum: By Share Code

nipper
Posted on: Sep 23 2021, 11:05 AM


Group: Member
Posts: 10,069

Talga is finding it hard to reach escape velocity. The shareprice is increasing very slowly which reflects surges on news then selling back down a bit. The capital raise of $1.45 seems to be a hard one to get past. Today is a bit over $1.50, with an Ann;

Trial mining commenced at Niska South, part of the Talga Vittangi graphite project
• Bulk natural graphite ore from trial mine to be refined into Liion battery anode in customer trials for electric vehicle market
• First stage excavation reveals high grade zones at shallower depth than expected

The raw ore will be processed and refined into the flagship Li-ion battery anode product Talnode®C, for large scale qualification trials in EV batteries.

So, still ramping up, getting volume increases (this trial for an approx. 2,500 tonne sample of natural graphite) and paying attention to quality of end product.
  Forum: By Share Code

nipper
Posted on: Sep 23 2021, 10:52 AM


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Posts: 10,069

after a delay and issuing of a Replacement Prospectus, LIS is looking to make it to the ASX.

Listing date .... 28 September 2021 ; 11:00 AM AEST ##

reports are that the offer had closed early, and oversubscribed. The IPO was scaled back
QUOTE
Those in priority offer got a minimum of 3000 share plus 27% of what was applied for.
Those in general offer received a minimum allocation of 3000.
The bulk of the IPO shares went to a broker offer
.
  Forum: By Share Code

nipper
Posted on: Sep 23 2021, 10:01 AM


Group: Member
Posts: 10,069

RemSense Technologies Ltd (REM) is a company that has been operating since 2012 (originally trading as Altitude Imaging).

In 2018, the Company expanded to providing engineering solutions built upon its core technical knowledge in remote sensing and imaging both in the air and on the ground. In the same year the Company rebranded as RemSense to better reflect the broader activities and technology focus of the business.

RemSense operates as three business units:

(a) Engineering and Innovation .... provision of engineering services to solve unique problems or develop new technology for clients to improve productivity, reduce risks and lower costs.
(b) Data Capture and Insights .... provision of data, analytics and related solutions derived from both aerial and terrestrial based scanning and imaging platforms to reduce costs, improve productivity and make better informed decisions.
.c) Virtual Plant ..... a productive and scalable photographic fabric environment that enables visual information from remote or distributed assets to be securely available to all users using existing hardware (desktop or mobile).

The Company currently generates revenue through the provision of services within its engineering and innovation, and data capture and insights business units.

In addition, the Company is now positioned to commence additional revenue generation from the further development and release of its Virtual Plant product.

Currently Virtual Plant has one customer and thus represents a very small share of existing revenues. The Company's plan is for Virtual Plant to be a significant driver for new business and growth over the next few years.


Listing date ........ 12 October 2021 2:00 PM ##
Principal Activities ... Commercialisation of Virtual Plant and technology and engineering services

Issue Price ....... AUD 0.20
Issue Type ....... Ordinary Fully Paid Shares
Security code .... REM

Capital to be Raised ... $5,000,000
Expected offer close date .... 01 October 2021
Underwriter .... Not underwritten. Mac Equity Partners (Internat.) Pty Ltd (Lead Manager)
  Forum: By Share Code

nipper
Posted on: Sep 23 2021, 09:51 AM


Group: Member
Posts: 10,069

Reliance Mining (REM) delisted ....... following completion of the takeover offer by Consolidated Nickel Pty Limited (a wholly owned subsidiary of Consolidated Minerals Limited) way back in 2005
QUOTE
consideration offered to holders of both Reliance ordinary shares and convertible notes comprised 30 cents cash plus 0.1 Consolidated share for every Reliance share and 30 cents cash plus 0.1 Consolidated share for every Reliance convertible note
  Forum: By Share Code

nipper
Posted on: Sep 23 2021, 08:53 AM


Group: Member
Posts: 10,069

and a 36c dividend from SOL .... the 20th year in a row it has increased

There is a presentation addressing the inclusion of Milton assets into the SOL family

Investing strategy

WHSPs enhanced liquidity position following the merger will allow us to capitalise on investment opportunities arising in our target asset classes and thematics

1. Milton merger providing > $2b in additional liquidity
WHSP has significant liquidity available for future investment. Additional debt capacity and low cost of debt

2. There is a high level of deal flow in alternative asset classes
Private equity, Structured yield, Emerging companies, Global equities, Real assets & Property

3. WHSP is focusing on key thematics
Health and Ageing, Energy Transition, Agriculture, Financial Services, Education

4. Building around platforms for growth
  Forum: By Share Code

nipper
Posted on: Sep 23 2021, 06:31 AM


Group: Member
Posts: 10,069

Another storm , this one Evergrande, averted. Australian share are poised to rise amid gains in US stocks as investors took in stride the latest statement from Federal Reserve policymakers which met expectations that the US central bank will soon begin to taper asset buys.

ASX futures up 13 to 7289

AUD +0.2% to 72.43 US cents
Bitcoin on bitstamp.net +3.4% to $US43,422.52
On Wall St: Dow +1% ; S&P 500 +1% ; Nasdaq +1%
In New York: BHP +0.8% ; Rio +1.9% ; Atlassian +0.1%
In Europe: Stoxx 50 +1.3% ; FTSE +1.5% ; CAC +1.3% ; DAX +1%
Spot gold -0.4% to $US1768.05/oz
Brent crude +2.1% to $US75.90 a barrel
US oil +2% to $US71.93 a barrel
Iron ore +17% to $US108.70 a tonne
2 year yield: US 0.24% Australia 0.00%
5 year yield: US 0.85% ; Australia 0.62%
10 year yield: US 1.30% ; Australia 1.25% ; Germany -0.33
  Forum: Investment Discussion

nipper
Posted on: Sep 22 2021, 07:18 PM


Group: Member
Posts: 10,069

This is shaping up as a significant discovery

First good news on 08 Sept drove the SP from 0.8 to 2.0c, and today after the latest update, pinging 3.4c and closing at 2.7c

LOCKYER DEEP-1 GAS DISCOVERY EXCEEDS PRE DRILL EXPECTATIONS
HIGHLIGHTS
§ Petrophysical analysis of wireline data confirms exceptional reservoir quality in Kingia Sandstone
§ Net gas pay 20.2 metres (TVD) with average porosity 16% and average permeability estimated 500 Millidarcies
§ High reservoir pressures indicate an estimated 600 to 800 metre gas column
§ Discovery is expected to exceed Norwest's pre drill High Case prospective resource
§ Well being completed for production testing
  Forum: By Share Code

nipper
Posted on: Sep 22 2021, 03:59 PM


Group: Member
Posts: 10,069

and listed today .. opened at 29c and trading around 25c

... very quick off the mark with resource and project info:

Thick massive nickel sulphide drilling intersections confirm high grade nature of mineralisation at Munda Highlights

Drilling targeting gold mineralisation intersects thick massive nickel sulphides including :
o 24m @ 3.22% Nickel, 0.20% Copper, 0.53 g/t Palladium and 0.26 g/t Platinum from 52m .. including
o 16m @ 4.58% Nickel, 0.29% Copper, 0.76 g/t Palladium and 0.38 g/t Platinum from 59m

Result illustrates the potential to identify additional high grade pods within the existing Munda Mineral Resource

• Widgie to commence nickel focussed drilling campaign, including drilling at Munda, in the coming month Widgie Nickel Limited is pleased to report the assay results from drilling carried out at Widgie's Munda deposit by Auric Mining Ltd (ASX:AWJ) , which has returned thick massive nickel sulphide intersections at Munda.

Widgie Managing Director Steve Norregaard said that the drilling intersections were a significant first result for Widgie, particularly considering the purpose of the drilling was primarily targeting gold and undertaken by Auric.
QUOTE
We are very happy with this great result, as it further reinforces the high-grade nature of Munda, the presence of potentially important by-product credits such as copper and platinum group elements, and clearly illustrates that the process of infill drilling at the Munda deposit has the potential to identify additional localised high grade pods.

Now that Widgie has been established as a standalone nickel focussed company in a great location, and with substantial cash in the bank, we are all very much looking forward to new exploration results from our planned drill programs. We kick off our maiden drilling program in the next month, which will be very much targeted towards nickel and associated by-products.
  Forum: By Share Code

nipper
Posted on: Sep 22 2021, 02:25 PM


Group: Member
Posts: 10,069

Drilling program to commence at Koppamurra


Highlights
Planning and preparation completed for 8,000m air core drilling program
... Program developed to confirm regional prospectivity of flagship Koppamurra project
... Primary objective to confirm regional nature of mineralisation across granted (SA) tenure
... Additionally, program will aim to identify thick, high-grade mineralisation to support estimation of an Indicated Mineral Resource
... Highly credentialled Exploration Manager and field crew engaged to manage and execute drill program
... Experienced, South Australian based, drilling contractor engaged

Drilling expected to commence at the beginning of October and will be ongoing until end of year
• Exploration PEPRs (Programs for Environmental Protection and Rehabilitation) approved
• Naracoorte, SA, regional office and warehouse established
  Forum: By Share Code

nipper
Posted on: Sep 22 2021, 01:37 PM


Group: Member
Posts: 10,069

pushing higher on financing news or/ and a bit of PnD?

up 140% plus so these insiders will think they are magicians

Key Points:
• Former Saracen Mineral Holdings and Northern Star Resources Managing Director Raleigh Finlayson to cornerstone a strategic funding package for Genesis Minerals Limited (ASX: GMD)
• Former FMG Managing Director and CEO Neville Power and highly experienced corporate lawyer Michael Bowen will participate in the funding package and be invited to join the Board as NonExecutive Directors
• Funding package will total $20.8m, consisting of a $16m share Placement at 6c per share and a non renounceable 1 for 30 entitlement offer at 6c per share raising up to an additional $4.8m, subject to shareholder approval
• Mr Finlayson will subscribe for $7m of shares in the Placement
• Northern Star (ASX:NST) will subscribe for $3m of shares in the Placement
• Subscribers under the Placement and the Entitlement Offer will receive one (1) free attaching unlisted option for every two (2) shares subscribed for; each option will have a 10c exercise price and a two-year expiry •
  Forum: By Share Code

nipper
Posted on: Sep 22 2021, 11:41 AM


Group: Member
Posts: 10,069

this is ridiculous

QUOTE
Napkin maths gives ***ut 4.2km/s which is ***ut right

guess which group cannot be offended? .. from the ABC
  Forum: Off Topic Chat

nipper
Posted on: Sep 22 2021, 11:34 AM


Group: Member
Posts: 10,069

X2M has listed today on ASX .... the 25c shares opened at 35c and slid to 30c soon after.
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nipper
Posted on: Sep 22 2021, 10:30 AM


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Posts: 10,069

coming back for a second run .... up 15% to $2.30

US patent granted for 12CQ quantum computing chip

Highlights
Archer reaches its most significant early stage commercialisation milestone with the granting of a US patent for the 12CQ quantum computing chip.
• The patent grant protects Archer’s 12CQ chip technology IP and allows the Company to explore opportunities to work with quantum computing partners in the US.
• US companies are considered to be the dominant force driving innovation in the semiconductor and computing industries.
• Archer is the only ASX listed company and one of a few players in the world with a patent portfolio protecting a qubit processor chip technology in the semiconductor industry
  Forum: By Share Code

nipper
Posted on: Sep 22 2021, 10:08 AM


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Posts: 10,069

Star Minerals Ltd (SMS) is an Australian public company that was incorporated on 18 February 2021. It carries on the business of mineral exploration, focused on the exploration and evaluation of the Tumblegum South Project and the West Bryah Project, located in central Western Australia.

Star Minerals has entered into the Tenement Acquisition Agreements for the acquisition of the Tenements comprising the Projects.

A Star Minerals subsidiary, White Star Minerals Pty Ltd, has agreed to acquire the Tenement comprising the Tumblegum South Project and Star Minerals has agreed to acquire the Tenements comprising the West Bryah Project.

Listing date ........ 30 September 2021 ; 1:00 PM AEST ##
Company contact details ..... https://www.starminerals.com.au/site/content/
Principal Activities ....... Mining Exploration

Issue Price ...... AUD 0.20
Issue Type ....... Ordinary Fully Paid Shares
Security code .... SMS

Capital to be Raised ....... $5,000,000
Expected offer close date .... 03 September 2021
Underwriter .......... Not underwritten.
  Forum: By Share Code

nipper
Posted on: Sep 21 2021, 08:13 PM


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Posts: 10,069

QUOTE
Former South east Asian powerbroker Mahathir Mohamad says the AUKUS pact increases the threat of war with China and adds, every time there is a problem, Australia looks to the west.

Yup. Rule of law.
  Forum: Off Topic Chat

nipper
Posted on: Sep 21 2021, 08:08 PM


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Posts: 10,069

Milton MLT no longer trading... went ex dividend (37c special, ff) yesterday and that is it ... a market cap of $4.58 billion for MLT, and SOL currently has M/C of $8.54Bill. so $12 to 13B
The Exchange Ratio for Milton proposed merger with Washington H. Soul Pattinson (WHSP) has been set at 0.1863
• The Exchange Ratio implies a total value of $7.18 per Milton share

Combined entity starts trading soon .. Scheme is expected to be implemented on 5 October 2021 ... so will it be then, on 05 Oct or the next day.

SOL is going to be a big player.... parts include
... a lot of equity with holdings in nearly 100 companies. How many in 12 months time, I wonder?
.. firing on multiple cylinders. NHC getting good price for thermal coal; Round Oak copper looking good; Brickworks benefiting from housing; property assets rising as industrial sector is a winner; and API out the door.
  Forum: By Share Code

nipper
Posted on: Sep 21 2021, 06:44 PM


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Posts: 10,069

I did not realise exactly how big the BHP dividend was, this half.

... and there it is, in the bank overnight ....

Wow ..... US $2.00 = A$2.715 a share. fully franked. And I have got lots of them. smile.gif
  Forum: By Share Code

nipper
Posted on: Sep 21 2021, 05:20 PM


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Posts: 10,069

Hmmm
QUOTE
IGO Ltd notes recent media speculation regarding discussions between IGO and Western Areas Limited regarding a potential change of control transaction.

While IGO does not comment on media speculation, the Company advises that discussions remain at an early stage with due diligence having commenced in recent days.

IGO will progress due diligence over coming weeks, however there is no certainty that a definitive transaction will result once this period of diligence is complete.

It is understood the nickel/copper miner finally got access to Western Areas books mid last week, and was given about four weeks to try to turn its indicative $1 billion odd offer into something more serious.

IGO is expected to run a deep dive study on Western Areas new Odysseus mine, which is due to produce its first nickel concentrate next year and run for the next decade or so.

Odysseus production profile could fit neatly with IGO's Nova ..... the former would hit its stride as the latter reaches maturity , and form another pillar in IGO strategy to be a globally relevant producer of metals used by the clean energy sector.

From the outside, IGO reckons it could work and lobbed a $1 billion odd scrip heavy offer in August. The question is whether Odysseus looks as good from the inside.
  Forum: By Share Code

nipper
Posted on: Sep 21 2021, 03:03 PM


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Now IXR talking up the Scandium aspects of the deposit:

SCANDIUM MARKET POTENTIAL AND THE MAKUUTU WORLD CLASS RESOURCE

• Makuutu is currently the 3rd largest reported scandium resource globally, currently containing over 9,450 tonnes within current MRE
• Scandium resource potential expected to grow with substantial exploration upside identified at Makuutu, specifically in eastern tenement EL00147, and northwestern tenements application TN03573 (pending)
• IonicRE positioning itself to become a key player in the Sc2O3 market, with initial plans to produce 20-25 tpa, and progressively ramp up production over 10 years to approx. 90-100 tpa
• Current pricing for Scandium Oxide (Sc2O3) trading at between US$1,000/kg to US$4,000/kg in opaque market
• Accelerated interest in Scandium assets globally, with Rio Tinto (ASX:RIO) and RUSAL (SEHK:486) recently announcing entry into the Sc2O3 market
• Scandium potential at Makuutu to focus on supplying large addressable markets within the aerospace, automotive and defense sectors, in addition to fuel cell and 3D printed specialty component applications
  Forum: By Share Code

nipper
Posted on: Sep 21 2021, 12:22 PM


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Posts: 10,069

ran to 80c by the end of the first week, now 69c.

It is company for physical delivery services, not for internet conference calls.

Zoom2U ... A Platform providing a simple way for Customers to connect with local delivery Drivers for a fast delivery with full transparency of the location of their delivery through live tracking. Zoom2u earns fees from Customers and Drivers based on the Delivery Price.

Locate2U .... A turnkey delivery management SaaS platform that allows delivery businesses of any size to manage their deliveries efficiently, optimise routes, track their team and share locations with consumers. Locate2u charges clients a monthly recurring subscription.

Shred2U .... Shred2u is a business operated by 2u Enterprises, facilitates secure document shredding services. Shred2u uses third parties and Drivers that provide the delivery services and a third party for document destruction services with the drivers' routes being optimised by Locate2u or Zoom2u.
  Forum: By Share Code

nipper
Posted on: Sep 21 2021, 12:16 PM


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Red Dirt Metals Limited (RDT), formerly TNT Mines Limited (TIN) operates in the mining exploration sector in Australia. The Company is focused on the evaluation and development of undervalued, large scale mining and brownfields exploration assets in tier one jurisdictions of North America and Australia. Market cap is under $30 million.

On 21 September, 2021, TNT Mines Limited (TIN) changed its name and ASX code to Red Dirt Metals Limited (RDT).

Red Dirt Metals is pleased to announce that it has successfully completed legal, financial and technical due diligence on Mt Ida Gold Pty Ltd and the Mt Ida Gold Project, in respect of the acquisition of 100% of the issued capital in Mt Ida Gold Pty Ltd, a wholly owned subsidiary of Ora Banda Mining Ltd (ASX: OBM).

As set out in the previous ASX announcement on 07 September 2021, Mt Ida Gold Pty Ltd is the holding company of the Mt Ida Gold Project, which comprises 19 tenements in the historical Mt Ida gold mining district, which is located approximately 100km north-west of Menzies in the WA goldfields.
  Forum: By Share Code

nipper
Posted on: Sep 21 2021, 12:08 PM


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Posts: 10,069

Touch Ventures Ltd (TVL) is an Australian investment holding company with broad flexibility as to how it deploys its capital in seeking to achieve its investment objectives. Touch Ventures has formulated an investment strategy focused on seeking to deploy capital towards high growth, scalable investment opportunities.

Touch Ventures intends to build a portfolio of investments in high growth, scalable companies, in accordance with its investment strategy. In particular, it believes there are compelling investment opportunities in companies in the growth stage of their development within the retail innovation, consumer, finance and data segments. Touch Ventures may also allocate up to approximately 5% in aggregate of its overall portfolio for investments in early stage companies.

Touch Ventures investments will include initial investments, including acquisitions of securities in new portfolio companies, and participation in follow on raisings by existing portfolio companies.


Listing date... 29 September 2021 11:00 AM AEST ##

Company contact details .... https://www.touchventures.com/

Principal Activities .... Investment entity

Issue Price .... AUD 0.40
Issue Type .... Ordinary Fully Paid Shares
Security code .... TVL


Capital to be Raised .... $100,000,000
Expected offer close date .... 17 September 2021
Underwriter.... Bell Potter Securities Limited (Underwriter/Lead Manager)
  Forum: By Share Code

nipper
Posted on: Sep 21 2021, 12:04 PM


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Travel.com.au (TVL) was delisted in 2008 after Wotif was successful with an offer of either 57 cents in cash for each TVL share (Option 1) or approximately 0.1096 Wotif.com shares for each TVL share
  Forum: By Share Code

nipper
Posted on: Sep 21 2021, 11:51 AM


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Posts: 10,069

And another idiot:
QUOTE
The concern is of course if there are cases in northern NSW that would present a real risk to the southern parts of the Gold Coast where I have thousands of families holidaying, Ms Palaszczuk said
  Forum: Off Topic Chat

nipper
Posted on: Sep 20 2021, 03:25 PM


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Posts: 10,069

Iron ore futures dipped below $90
QUOTE
The relentless pace of the iron ore collapse has strategists at a loss as to when producers might see a reprieve, as prices extended their fall below $US100 a tonne on Monday, inflicting further pain on the major miners and the national accounts.

Futures in Singapore hit a low of $US90 a tonne upon their return to trading for the October contract, tumbling 11.5 per cent from where they closed on Friday.

The spot price dropped 4.9 per cent to $US101.95 a tonne, according to Fastmarkets MB, taking the commodity's weekly loss to 21.4 per cent. Longer dated contracts were spared the carnage witnessed in the short term market. March 2022 futures fell 1.6 per cent to $US96 a tonne on the SGX
  Forum: Macro Factors

nipper
Posted on: Sep 20 2021, 01:59 PM


Group: Member
Posts: 10,069

On 24 May, 2016, Hannans Reward Limited changed its name to Hannans Ltd ... it is a mineral exploration company. The company is focused on lithium, gold, nickel in Western Australia.


QUOTE
This humble nickel explorer has enjoyed a sizable rerate after moving into the lithium ion battery recycling game earlier this month.

Hannans wants to recover high purity metals from scrap and spent batteries in Norway, Sweden, Denmark and Finland , the region with the highest electric vehicle (EV) penetration rates in the world.

Subject to securing a feedstock source, Hannans decision on Stage 1 plant locations are expected 1st Quarter next year.

A decision on a Stage 2 plant ... which would refine mineral rich black mass into high purity nickel, cobalt, lithium and manganese chemicals ... is expected in the 2nd half of 2022
.


The $83m market cap stock is up 220% over the past month
  Forum: By Share Code

nipper
Posted on: Sep 20 2021, 01:17 PM


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PLG listed today ..... did not start at the 20c IPO but has been sold down from the start ; trading around 17c .

With iron ore down and unlikely to hit those heights of just a few months ago, it probably is not the best time for a small player to get ahead.
  Forum: By Share Code

nipper
Posted on: Sep 20 2021, 12:09 PM


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iTech Minerals Ltd (ITM) is a newly incorporated company targeting the acquisition, exploration and development of all the mineral exploration assets currently owned by Archer Minerals Limited (ASX: AXE). These assets include industrial (kaolin and halloysite) mineral and battery mineral projects. Archer is disposing of these assets due to a change of its focus from minerals exploration to advanced technology.

The Projects to be acquired by the Company consist of tenements and tenement applications which are held by subsidiaries of Archer. Upon completion of the IPO those subsidiaries will be wholly owned subsidiaries of iTech Minerals Ltd.

The Projects consist of exploration licences, a mining lease, miscellaneous purpose leases and exploration licence applications in South Australia. The Company may also acquire interests in a further 2 exploration licences in New South Wales, subject to the relevant Minister’s consent.

The Company has Projects in the following areas:
  • ... The Eyre Peninsula region of the Gawler Craton in South Australia
  • ... The Nackara Arc in South Australia
The New South Wales Projects in which the Company may acquire an interest, subject to the relevant Ministerial consent, are the South Cobar Basin Project and the Stanthorpe Project.

It is anticipated that ITM will list on the ASX during October 2021.
  Forum: By Share Code

nipper
Posted on: Sep 20 2021, 09:35 AM


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... seeking to achieve efficiencies following the acquisition of Brace168, CPT has entered into an agreement to sell select assets of its software division to ArchTIS Limited (ASX:AR9).


The assets comprise the IP to cp.Protect (an advanced SharePoint protection solution) as well as cp.Discover, (a data discovery and classification platform) the benefit of certain customer contracts, technology and European operations. Both cp. products complement the AR9’s NC Protect solutions. Cipherpoint sales and development staff in Europe (Heilbronn, Germany) will join AR9.

QUOTE
CPT will have the right to resell both sets of cp. Products as part of its ongoing business operations however will no longer incur any future development, software marketing and/or support costs
  Forum: By Share Code

nipper
Posted on: Sep 20 2021, 09:33 AM


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Posts: 10,069

Highlights:

archTIS acquires technology assets including customers, staff and the European operations of Cipherpoint Limited (CPT) software division.
• The acquisition represents significant value for shareholders at ~3.8x the acquired annual recurring revenue; while being immediately accretive to earnings.
• Strategic acquisition providing archTIS with a unique data discovery and encryption technologies that are complementary to NC Protect and can be upsold and cross utilised within the existing Microsoft technology stack.



The purchase price consists of $1.4M in cash with $200K of the initial purchase price held in escrow until the novation of certain contracts. In addition, further consideration of up to $1M is to be paid based on total contract values of contracts assigned to archTIS as of 31 March 2022
QUOTE
Cipherpoint Executive Director, Joint Company Secretary and COO, Steven Bliim, who will join archTIS as Vice President.;Business Development, EMEA, said, I am excited about this transaction, especially in its potential to deliver growth opportunities for both businesses in addition to the sales and support systems already well established in archTIS. With a number of new pipeline opportunities already underway, I look forward to further cultivating an even stronger working relationship as a member of the archTIS team.

QUOTE
Daniel Lai, Managing Director and CEO of archTIS, stated, I am pleased to add the Cipherpoint technology, support and sales teams to archTIS. The acquisition clearly demonstrates our fiscal responsibility and our ability to consistently execute on what we have communicated to shareholders and the market around targeting acquisitive growth. We are capital efficient in how we price and evaluate deals and how we are not afraid to look out of the box for this or other acquisitions.

I wonder who the winner will be
  Forum: By Share Code

nipper
Posted on: Sep 19 2021, 08:26 PM


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Posts: 10,069

Will it flow on to here?

Evergrande in China .... cracks appearing.
QUOTE
To put Evergrande’s immense size and importance to the Chinese economy into perspective, its debts amount to around $US315 billion ($A432 billion).

That is more than three times the entire debt load of the New Zealand government and around two thirds of all outstanding Australian federal debt.


https://www-news-com-au.cdn.ampproject.org/...5533075c68576d7

  Forum: Investment Discussion

nipper
Posted on: Sep 19 2021, 03:10 PM


Group: Member
Posts: 10,069

https://newsroom.unsw.edu.au/news/science-t...ne-oxide-puzzle
  Forum: By Share Code

nipper
Posted on: Sep 18 2021, 04:18 PM


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Posts: 10,069

And a timely sidestep away from iron ore for Carbine, seeing how things have gone recently.

In July, CRB acquired Muchea West silica project; Carbine has submitted applications to the WA Department of Mines for an 8,500m drilling program to enable estimation of a maiden resource.

The $11m market cap stock had $3.24m in the bank at the end of June. Up 20% from recent lows on Friday, on no news apart from mention in a few tip sheets !
  Forum: By Share Code

nipper
Posted on: Sep 18 2021, 04:13 PM


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Thor Mining Plc (THR) is a minerals exploration and development company (initially) focused on tungsten, molybdenum and gold projects in Australia.

Still around ... run by pommies.
QUOTE
A series of newly released company presentations hit the mark with investors, with the copper, gold and uranium explorer rising from 1.4c to 2.2c in the last few days.

The $15m market cap stock, now fully funded for its rest of 2021 exploration program, is up 100% over the past month.

Drilling is due to kick off the Ragged Range gold project in the Pilbara in early October. The dual listed explorer holds a 100% interest in uranium and vanadium exploration assets in Colorado and Utah, where drilling is also scheduled to begin shortly.
  Forum: By Share Code

nipper
Posted on: Sep 18 2021, 04:04 PM


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Posts: 10,069

Do not be confused. Eastern Iron has pivoted to lithium, which explains why the $27m market cap stock can gain ~20% as iron ore prices head down. EFE has gone from 1.4c to 3.5c in September .... Expect a name change soon !?

Chinese lithium giant Yahua is making a $1.05m investment in the company. A further $2.52m will be raised from sophisticated and professional investors, EFE says.

QUOTE
We welcome Yahua as a cornerstone investor of Eastern Iron and are delighted with their financial commitment towards progressing a strategic partnership to acquire and develop Australian lithium projects, chairman Eddie King says.

Given the current global demand for lithium and battery metals, we believe an investment from one of the largest lithium battery material producers in the world validates our strategy and demonstrates our willingness to provide green energy solutions for future generations.
  Forum: By Share Code

nipper
Posted on: Sep 18 2021, 03:59 PM


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there may be a bit, just a bit, of substance in the performance. Still a minnow hopeful


High grade gold intersected at May Queen and lithium exploration commences at Mt Peake

An Announcement / update on Friday drove the SP past the PnD from the week prior, and end at 38.5c, nearly 50% up for the day.

Though the words of the CEO are all hope and little substance..... On Sunday we will commence exploration at our lithium project in the Northern Territory where we hope to make a transformative lithium discovery in the Arunta pegmatite province. These leases are right next door to developer Core Lithium CXO Anningie and Barrow Creek projects.
QUOTE
● Surface rock chip sampling reveals up to 2.66 g/t gold and 3.43% copper at May Queen gold project, Queensland
● Shallow gold mineralisation confirmed and parallel structure intersected including 6m @ 1.99 g/t Au from 35m and 1m @ 9.39 g/t Au from 68m (Hole MQD0001)
● Drill program results will refine phase II drilling following up on intense alteration with strong porphyry signatures
● On 19 September exploration activities will commence at the 100% owned Mt Peake Lithium Project in the Arunta pegmatite province in the North Territory near Core Lithium's (ASX: CXO) Anningie and Barrow Creek Lithium Projects
● Exploration will target LCT pegmatite potential through surface sampling of targets generated from remote sensor image interpretation and historic exploration
● The company sees potential to make a significant lithium discovery at the Mt Peake pegmatite field
  Forum: By Share Code

nipper
Posted on: Sep 18 2021, 02:34 PM


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Posts: 10,069

This week, Reserve Bank of Australia governor, Phil Lowe, outlined the RBA approach to monetary policy in a world where delta is still around.

Lowe acknowledged that we have moved from a pandemic to a world where COVID19 is endemic. While he was confident that Australia will bounce back robustly, Lowe noted that there are a range of downside risks, including further lockdowns, decaying vaccine potency, new virus variants and the fact that exiting lockdown into coronavirus being endemic is very different to the experience of 2020.

This is why the RBA has prudently maintained significant monetary stimulus via its bond purchase program, which keeps downward pressure on interest rates and the Aussie dollar to provide some additional insurance against downside scenarios.

The RBA has, in fact, boosted its expected bond purchases by about 40 per cent compared to the path revealed in July, which is necessary given the current shock and the rich array of issues, known and unknown, policymakers face.

The RBA resisted its recent impulse to try to forecast the future, rather than the safer approach of nowcasting (or relying on hard data) when calibrating its stimulus.
QUOTE
In today's low inflation world, we do not want to run the risk that we increase the cash rate on the basis of a forecast that ultimately does not come to pass, leaving inflation stuck below the target band, Lowe said. We want to see actual results, not forecasted results, before we lift the cash rate.

As a commentator said, this was a dovish speech in which Lowe doubled down on highlighting that the RBA is years away from getting the wage growth required to meet its inflation target, which is why it has no plans to raise its overnight cash rate until 2024. It emphatically wants to be the last developed central bank to start unwinding its stimulus.
  Forum: Investment Discussion

nipper
Posted on: Sep 18 2021, 02:29 PM


Group: Member
Posts: 10,069

well, eb, that is the classical Chicago school model. Wages underpin everything, whereas with the basket of goods some can go up and some can go down. And they do.
  Forum: Investment Discussion

nipper
Posted on: Sep 18 2021, 01:02 PM


Group: Member
Posts: 10,069

and now 80c. Anything with lithium seems to be doing well.

The company has completed surface mapping and about to drill the Rekovac project in Serbia.

BMM claims the project has similar geological settings to the Jadar deposit of RIO. But this is just superficial. Let the drill bit do the talking.[size=3][/size]
  Forum: By Share Code

nipper
Posted on: Sep 18 2021, 12:49 PM


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Posts: 10,069

Unusually, PL8 has never traded under its NTA since listing. For a LIC, this is unusual; the reason may be that it pays a dividend on a monthly basis.

Since its April 2017 inception, the investment strategy has returned 10.7%pa and a distributed yield of 7.5%pa. The concept of distributed yield is an optimal number that includes franking credits. This methodology seems to be too frequently employed, among reporting entities, along with the portrayal of returns assuming full reinvestment of dividends.

In the real world, such numbers may not be achieved by taxpaying shareholders, nor those taking the regular dividends as a source of retirement income. The fund is aimed at the latter cohort, especially SMSFs in pension phase.
  Forum: By Share Code

nipper
Posted on: Sep 18 2021, 10:08 AM


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Nutritional Growth Solutions Ltd (NGS) listed in October 2020 on the ASX. The Company has a current Market Cap just below $15 million . It develops, produces and sells clinically tested nutritional supplement formulae for children following 20 years of medical research into paediatric nutrition at Schneider Children’s Medical Centre, Israel’s largest paediatric hospital.

In a prospective, randomised, double blind, placebo controlled study, the company’s lead product, Healthy Height® was found to have a significant effect on children’s height and weight, compared to children consuming the control supplement. Healthy Height® is currently sold in the USA, Canada, and Israel, exclusively through online sales channels.

Implementation of the Company's strategy for entry into China has now been initiated, with entry into other Asian markets also planned for the future.

New clinical studies are underway to support additional product launches, with the Healthy Height® Junior Growth Formula for children who are 10 years or older, and a further formula, the Sports Formula, to support athletic performance of active children.
  Forum: By Share Code

nipper
Posted on: Sep 18 2021, 10:00 AM


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Posts: 10,069

The Agency Group Australia Ltd (AU1), formerly Ausnet Financial Services Ltd, is a Real Estate Group set up to provide finance broking, real estate services, settlement services, property management, project marketing, insurance and financial planning initially to the Western Australian market with an aim to be rolled out nationally.

Starting as Ausnet Financial Services Limited, it debuted right at the start of 2017; the 50c shares ran to 70c but then tracked lower and in Dec 2017 changed its name to The Agency Group Australia Limited. Still AU1. Since then, it has slid further and trades have been sub 10c since June 2019, now 5c. Market Cap $22M.
QUOTE
Now that our business model has achieved a profitable scale, focus shifts to quality agent recruitment for driving growth.
• Average GCI by agent increased by +57% over FY20.
• Model of allowing high quality agents to focus on sales and providing support is generating year on year increases in GCI.
• Looking to boost agent numbers in the coming quarters. Based on the existing platform and cost structure, which is largely fixed, revenue from any future recruitment will directly contribute to EBITDA performance.


Looking to increase number of agents.... latest numbers have WA at 145, NSW with 138, Vic has 22 and Qld with 3.
  Forum: By Share Code

nipper
Posted on: Sep 18 2021, 09:45 AM


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Posts: 10,069

First Au Limited (FAU) is an exploration company that deals in exploration for gold and base metals at its mining tenements, originally in Western Australia and now in Victoria and SA..

It reversed into a shell company in June 2018, opening about 3.3c but has been somewhat uninspired since. The usual mining minnow story of running on news, raising capital in small grabs along the way but retreating when expectations are not met. It is now trading around 1.3c a share, and Market Cap is all of $8million. Cash at 30/06/2021 was approx $2.4M.

Company overview
Primary focus on Gold and Copper projects in East Gippsland, Victoria
•Significant landholding in this underexplored region, covering ~2,450km
•Primary East Gippsland targets at Snowstorm (gold), Haunted Stream (gold) and Dogwood (copper)
•Maiden ~1,370m drill program at Snowstorm indicated potential evidence of veins carrying gold >30 g/t Au (refer ASX announcements 7 April 2021 and 10 June 2021)
•WA based prospect, Gimlet, contains JORC Inferred Resources of 120,000oz Au @ 3.2g/t Au (refer ASX announcement 23 June 2021)
•Recently announced Mabel Creek project in the Gawler Craton, South Australia prospective for Iron Oxide Copper Gold (IOCG)


Upcoming Exploration Activity .. mainly focused on Victoria
•Drilling to recommence in East Gippsland at Snowstorm in early to mid September, with a 1,500m program planned to follow up on previous promising results •Following drilling program at Snowstorm, assay results will follow approx. 8 weeks after completion.
  Forum: By Share Code

nipper
Posted on: Sep 17 2021, 02:01 PM


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Way2VAT, a leader in automatic VAT/GST reclaim solutions, commences trading on the ASX following over subscribed IPO raise

• Way2VAT is a fintech company with a patented leading artificial intelligence technology that provides enterprises and SMEs with a fully automated, end to end VAT reclaim platform across 40 countries in 20 languages
• The $7 million initial public offering was oversubscribed with strong support from institutional and cornerstone investors
• Highly scalable technology with over 80% gross profit margins for the financial year ended 31 December 2020 and half year ended 30 June 2021
• Over 150 enterprise customers including EY, Siemens, Mastercard and Footlocker
• Strong revenue growth with CY2020 up 153% year on year and H1 CY2021 up 74% compared to the prior corresponding period, despite the pandemic
• Integrated with global expense management and accounting software providers including Xero and Sage enabling Way2VAT to scale into the untapped SME market
• Positioned to leverage the return to global travel, funds will be used for sales and marketing, research and development, compliance and security and customer support
  Forum: By Share Code

nipper
Posted on: Sep 17 2021, 01:10 PM


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Posts: 10,069

W2V was a few days late to start trading, but made it to the ASX today. The delay does not seem to have dampened enthusiasm, as it opened at 38c, well above the 20c of the IPO.

Reports from others were along the lines that brokers had little or no allocation for retail applicants. Nothing like a bit of scarcity for some price tension.

Now settling around 35c to 36c , ten minutes into day One as a listed entity.
  Forum: By Share Code

nipper
Posted on: Sep 17 2021, 01:01 PM


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Posts: 10,069

SSH listed on the ASX today, comfortably above the 20c IPO price

Opened at 25.5c, ran to 29c and now trading around 27c a share
  Forum: By Share Code

nipper
Posted on: Sep 17 2021, 12:24 PM


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Posts: 10,069

and revisiting IEL. From under $20 a year ago, in early July it surged from $24 to $30 to $33 and now settling around $32.40.

Ally Selby (Livewire Markets) : First up, we have IDP Education, which provides the leading English language test [in the world]. Mike, I might start on you. Is it a buy, hold or sell?

Mike Murray (Australian Ethical) : Ally, look, I can definitely see why people would be attracted to this stock as a play on reopening. There is no doubt they will get very good growth as part of a reopening trade. We have always just struggled with valuation with this name. I think you are probably paying about 50 times, even on recovered earnings. They certainly have shown a good degree of resilience through the downturn. I think it is a quality business, but it is a sell for us.

Ally Selby (Livewire Markets) : As you mentioned there, it had a pretty good year considering borders were closed. Its share price rose around 70 per cent over the past 12 months. Nathan, over to you. Is it a buy, hold or sell?

Nathan Hughes (Perpetual) : Look, Ally, I tend to agree with Mike, and it is a sell from me. I would point out that I have been on the wrong side of this stock, pretty much since the day it listed. It has been a tremendous growth story and obviously has a lot of desirable attributes ... great market share, great balance sheet, generates a tonne of cashflow. And, look, student placements will recover as border mobility opens back up, but I just can not make the valuation stack up.
  Forum: By Share Code

nipper
Posted on: Sep 17 2021, 12:05 PM


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Posts: 10,069

Ally Selby (Livewire Markets) : Okay, next up we have healthcare company, Healius. It has a $3 billion market cap and its share price has risen around 45 per cent over the past year. Nathan, Is it a buy, hold or sell ?

Nathan Hughes (Perpetual) : Healius is a hold. It is a really interesting one because they are benefiting at the moment from pretty high COVID testing volumes, and this is a pretty profitable business. We would expect that to taper off over time. But at the same time, we think that would be good for their base business as people get more mobile and are more willing to go and get checked out, and go and get things done that they might otherwise be putting off.
I think the sustainable improvement plans that they are putting in place will lead to margin growth over the medium term. And the balance sheet is in really good shape post the sale of the medical centres division. So, it is a hold for us. We think it is reasonably valued and should be a pretty defensive grower on the other side of the COVID lockdown.

Ally Selby (Livewire Markets): Mike, as Nathan mentioned, its profits were up about 179 per cent in its report in August. Is it a buy, hold or sell for you?

Mike Murray (Australian Ethical) : It is a buy, Ally. And I say that even though the company has done well. We really like the fact that they have simplified their business. They have moved out of the more capital intensive medical centre part of their business. And pathology is a fantastic business, we know that it scales very nicely. And they have probably done a bit better in the day hospital acquisition that they made in Montserrat than we would have expected them to do. The balance sheet is attractive, and the multiple is still reasonable compared to some of the other companies like Sonic Healthcare, that we look at. So, it is a buy.
  Forum: By Share Code

nipper
Posted on: Sep 17 2021, 11:43 AM


Group: Member
Posts: 10,069

and down 10+%
Iress advises that discussions between Iress and EQT have concluded and that the parties have been unable to agree a transaction.

As a result, the Process Deed, incorporating exclusivity terms, between Iress and EQT has been terminated.
  Forum: By Share Code

nipper
Posted on: Sep 17 2021, 11:39 AM


Group: Member
Posts: 10,069

that high of $3.44 was about it, in April. Things settled down, then the Quarterly in late July saw another run to as high as $4

QUARTERLY ACTIVITIES REPORT
McDermitt (US) Mineral Resource update confirms significant size and scale of deposit
 Jindalee remains well funded with $13.3M in cash and marketable securities at 30 June 2021
 Technical studies nearing completion
 Drill permits submitted for McDermitt Project
 Exploration drilling commences at Clayton North (US) in July
 Metallurgical testwork on bulk samples from McDermitt underway
 Key appointments in both US and Australia

But now in Sept, back to $2.50 including a 15% drop today, because the latest Announcement looks like waffle, spin, lack of detail, and delays

COMPLETION OF POSITIVE PRELIMINARY SCOPING STUDY FOR McDERMITT LITHIUM PROJECT
Technical Studies completed by independent experts
 Study confirms potential to produce high quality lithium carbonate, supplying US battery makers for decades
Multiple processing options identified for further optimisation
 Full operational and financial metrics have not been included due to regulatory constraints
 Infill drilling and metallurgical testwork planned for Q4 2021 expected to enable publication of more detailed Project metrics mid 2022
  Forum: By Share Code

nipper
Posted on: Sep 17 2021, 10:24 AM


Group: Member
Posts: 10,069

QUOTE
one to watch over the coming months


Riley Mine ... Project Update Following Completion of First Iron Ore Shipment

HIGHLIGHTS
First commercial shipment of iron ore achieved at the Riley Iron Ore Mine in Tasmania:
• Shipment of 45,632 tonnes of iron ore with an average grade of 57.3% Fe departed the Port of Burnie;
• Shipment is bound for China through offtake partner Prosperity Steel United Singapore Pte Ltd , one of the largest iron ore traders in the world (Refer to ASX announcement 02 May 2019).

In response to declining market conditions, Venture is completing a full review of operations at the Riley Iron Ore Mine to identify cost efficiency measures. Mining will be temporarily suspended while review is underway.

down 30%
  Forum: By Share Code

nipper
Posted on: Sep 17 2021, 10:18 AM


Group: Member
Posts: 10,069

The Macao casino story was doomed to get kneecapped by the Centre, one day. Money laundering on an industrial scale.

Just an anecdote here, from a degree or 2 of separation. My wife was from HK, and relatives knew the daughter of Stanley Ho. We were invited to visit the hotel, spent a short time in the top suites. This is 10 or more years ago, and China had (still has) currency restrictions. But purchases could be made in the shops. So, the standard practice was to enter the hotel, buy a Rolex on a mainland Chinese bank credit card, go to another shop and sell the same watch for about 5% less, and take the local currency to go to the tables. Win, win. Everyone won !
  Forum: By Share Code

nipper
Posted on: Sep 17 2021, 09:46 AM


Group: Member
Posts: 10,069

It is Dividend Day, (yay!!) so there is a bit more commentary from Argo, reflecting the seismic shift (some are perceiving) in markets:

Argo has added a number of holdings to the portfolio with exposure to renewable energy and decarbonisation thematics. In particular, there are several new stocks exposed to the rapidly growing demand for electric vehicles (EVs) globally, including Novonix, IGO, Carbon Revolution and Lynas Rare Earths.

These growing companies sit alongside our largest holding, Macquarie Group, which is now one of the world's largest infrastructure managers and the owner of Green Investment Group, a leading provider of finance, development and advisory services in the renewable energy sector. Novonix, which experienced a share price jump of 75% in August alone, produces anode material for battery manufacturers. IGO mines for lithium and nickel, both important elements in battery manufacture. Carbon Revolution manufactures carbon fibre wheels, which are light and ideal for EVs. Lynas Rare Earths is the largest producer and processor of separated rare earths outside China, making it an important strategic supplier to many high tech and low carbon industries, including magnets for wind turbines, solar cells and EVs.

This growing area is not without risk, as share prices will be volatile and dividends relatively low for some time. However in the longer term we see these new technologies as an important part of achieving future capital growth for Argo shareholders, while we continue to provide reliable dividend income, driven by our more traditional blue chip holdings such as banks, healthcare and diversified resources giants Rio Tinto and BHP Group.
  Forum: By Share Code

nipper
Posted on: Sep 17 2021, 09:33 AM


Group: Member
Posts: 10,069


On 17 September, 2021, MaxiTRANS Industries Limited changed its name to MaxiPARTS Limited. Still with ASX code of MXI

Must be to do with the refinement of the business model. Better margins and more focused
QUOTE
MaxiPARTS Limited (ASX:MXI) is one of the largest suppliers of truck and trailer parts to the road transport industry in Australia.

do not know the directors, though the new one is Peter Oiva Loimaranta ; gone is Dean Stuart Jenkins.

New CEO, the same Peter Loimaranta. And a new business address



  Forum: By Share Code

nipper
Posted on: Sep 17 2021, 06:44 AM


Group: Member
Posts: 10,069

Iron ore still on its way down.


ASX futures down 14 points or 0.2 per cent to 7428

AUD -0.5% to 72.96 US cents
Bitcoin on bitstamp.net -1.6% to $US47,408.99
On Wall St: Dow -0.2% ; S&P 500 -0.2% ; Nasdaq +0.1%
In New York: BHP -3.7% ; Rio -4.7% ; Atlassian +2.4%
In Europe: Stoxx 50 +0.6% ; FTSE +0.2% ; CAC +0.6% ; DAX +0.2%
Spot gold -2.2% to $US1755.56/oz
Brent crude +0.4% to $US75.76 a barrel
US oil +0.2% to $US72.76 a barrel
Iron ore -8.1% to $US107.21 a tonne
2 year yield: US 0.22% ; Australia 0.00%
5 year yield: US 0.84% ; Australia 0.61%
10 year yield: US 1.34% ; Australia 1.26% ; Germany -0.30%
  Forum: Investment Discussion

nipper
Posted on: Sep 16 2021, 06:20 PM


Group: Member
Posts: 10,069

holding up ... at 70c

Pre existing geological interpretation did not identify presence of ultramafic rocks
 Multiple untested NNW trending target zones over 10km of strike identified for drill testing and surface EM (electromagnetics)
 Airborne magnetics currently being reprocessed and imaged

Assay results ; early Oct
 Diamond drilling ; from Oct 21
 Follow-up DHEM / Diamond Drilling
 Geophysics: Aeromagnetics and interpretation plus Regional MLTEM (moving loop electromagnetic surveys)
 Extensive regional AC drilling: Q4 2021
  Forum: By Share Code

nipper
Posted on: Sep 16 2021, 04:41 PM


Group: Member
Posts: 10,069

Twenty Seven Co. Limited (TSC), formerly UraniumSA Limited, is involved in minerals exploration across licenses in Western Australia and New South Wales. On ground exploration activities focussed on the Rover Project in WA where the Company discovered shallow high grade gold mineralisation at the Creasy 1 and Harmonic prospects.

Market cap around $10million. Has gone from 0.01 to 0.003 over the last 12 months, and up to 0.008 today: Expect a TH and Cap Raising soon.
TSC has identified new lithium and tin targets at the Trident Project in NSW. Drill testing of high priority targets to commence in the coming month
  Forum: By Share Code

nipper
Posted on: Sep 16 2021, 04:34 PM


Group: Member
Posts: 10,069

On 01 August 2018, UraniumSA Limited (USA) changed its name and ASX code to Twenty Seven Co. Limited (TSC).
  Forum: By Share Code

nipper
Posted on: Sep 16 2021, 04:31 PM


Group: Member
Posts: 10,069

held on to its gains ... closed on second day after the news at 5.39
QUOTE
We are very impressed by the technical and commercial rigor of the LEILAC team, and plant partners are outspoken in their excitement about LEILAC. We are delighted to support Phil, Calix, and the LEILAC Group as they seek to scale LEILAC into cement and lime plants around the world.

Both the Carbon Direct investment team and its scientific advisory team, which now includes 46 globally renowned CO2 scientists and project managers, are available to assist the LEILAC Group on subjects including capital markets, regulations, commercial development, and technical development. Our entire firm is dedicated to helping technologies such as LEILAC to scale.
Jonathan Goldberg, founder and CEO of Carbon Direct
  Forum: By Share Code

nipper
Posted on: Sep 16 2021, 12:02 PM


Group: Member
Posts: 10,069

Beyondie Sulphate of Potash Project enters the final phases of commissioning, including the following key milestones:
• Construction of Standard Grade SOP plant is substantially complete other than punch list items that are not critical to progressing commissioning
• Water commissioning near completion
• Product storage shed and product materials handling infrastructure near completion
• Commencement of production ramp-up remains on track for October 2021
• Construction activities and commissioning activities remain within the capital expenditure budget


The Project is coming together as planned
  Forum: By Share Code

nipper
Posted on: Sep 16 2021, 11:51 AM


Group: Member
Posts: 10,069

WES will get API, lifting offer to $1.55

Wesfarmers Managing Director Rob Scott said that the Revised Proposal would deliver an attractive premium and certain cash return to API shareholders and was consistent with Wesfarmers focus on deploying capital in areas where it can leverage its unique capabilities to create longterm value.
QUOTE
Wesfarmers supports the community pharmacy model, including the pharmacy ownership and location rules. If the proposal is successful, we see opportunities to invest to strengthen the competitive position of API and its community pharmacy partners by expanding ranges, improving supply chain capabilities and enhancing the online experience for customers...

QUOTE
API would also provide the basis of a new Healthcare division of Wesfarmers and a platform from which to invest and develop capabilities in the growing health, wellbeing and beauty sector.
  Forum: By Share Code

nipper
Posted on: Sep 16 2021, 11:08 AM


Group: Member
Posts: 10,069

time to dust off this one (after the horse has bolted)
Gladiator Resources Limited (GLA) is engage in exploration activities, focusing on under explored mineral properties.

Probably a much different company to that of a decade ago, merely the dream remains the same?
.... Currently the company has three gold projects including Marymia located in Western Australia and Rutherglen and Bendoc which are each located in Victoria.

In August 21, they have commenced a 1200m RC drill program at the Victoria Star prospect within the 100% owned Bendoc Gold Project.

The following week they announced that they have entered into a binding Memorandum of Understanding (MOU) to acquire Tanzanian company Zeus Resources (T) Limited which holds over 1,170km2 of exploration tenements in Tanzania, East Africa. The tenements are considered to be highly prospective for gold and uranium.

$1 million was raised via the placement of 80 million shares at 1.25c per share to fund near term exploration at both the above projects.

.... and GLA has moved from 1.5c to 5.3c in the last 5 weeks.
  Forum: By Share Code

nipper
Posted on: Sep 16 2021, 10:56 AM


Group: Member
Posts: 10,069

and April with a 20c peak was about as good as it got. Now 6c

QUOTE
DW8 is still burning through cash. Despite the increased sales they burnt through $1.5mil last quarter and only have $6.0mil left in the kitty. Another cap raise looks on the cards in the next 3 to 6 months.

Currently with 1.7bil shares on issue for a market cap of $130mil, it is not cheap. Another cap raise is going to have them approaching 2 billion shares on issue.

Latest announcement advised they were moving from monthly updates to 3 monthly updates. A cynical view would suggest this means saving up all the good news for a quarterly report, getting a bump in the share price and then announce a cap raise
.
.... I will go with that view .

Where is the moat? How are they going to succeed when there are so many others , bigger incumbents and small nimble start ups all competing for the (low growth) dollar ?
  Forum: By Share Code

nipper
Posted on: Sep 16 2021, 10:31 AM


Group: Member
Posts: 10,069

CXL holding a webinar; slides are up


Calix to earn licensing income regardless of equity

As part of the transaction, Calix Limited will earn 30% of all royalties / license revenues earned by the LEILAC Group, in addition to its 93% ownership
•Any income to the LEILAC Group for engineering services or project equity return above standard arms length terms will count as royalty income
•The license will continue while any current or future Calix Limited Patent in the Field of cement and lime production (from calcium carbonate) remains in force. Given current patents granted and pending on the core and new developments of the technology, Calix expects that the term of the licence will exceed 20 years
•Any new / developed IP from the LEILAC Group related to the licensed Calix Group IP will remain the property of Calix Limited, to be freely exploited outside the Field or for further R&D, as well as licensed back to the LEILAC Group within the Field

CXL opened with a slight dip to 5.06 but quickly lifted, now 5.62
  Forum: By Share Code

nipper
Posted on: Sep 16 2021, 10:03 AM


Group: Member
Posts: 10,069

Wesfarmers has agreed to purchase Australian Pharmaceutical Industries for $1.55 per share, a 22 per cent premium on the Wednesday closing price in a deal valued at $764 million.

.... it was always unlikely another player would emerge, especially with the WHSP holding
  Forum: By Share Code

nipper
Posted on: Sep 16 2021, 09:45 AM


Group: Member
Posts: 10,069

The ASX is looking for 32 pts higher.

  • AUD +0.2% to 73.33 US cents
  • Bitcoin on bitstamp.net +3.6% to $US48,075
  • On Wall St: Dow 0.7% ; S&P 500 0.9% ; Nasdaq 0.8%
  • In New York: BHP +0.8% ; Rio +1.2% ; Atlassian +1.3%
  • In Europe: Stoxx 50 -1.1% ; FTSE -0.3% ; CAC -1% ; DAX -0.7%
  • Spot gold -0.7% to $US1792.36/oz
  • Brent crude +2.7% to $US75.56 a barrel
  • US oil +3.2% to $US72.68 a barrel
  • Iron ore -4.1% to $US116.65 a tonne
  • 2 year yield: US 0.21% ; Australia -0.01%
  • 5 year yield: US 0.80% ; Australia 0.59%
  • 10 year yield: US 1.30% ; Australia 1.20% ; Germany -0.31
  Forum: Macro Factors

nipper
Posted on: Sep 16 2021, 08:55 AM


Group: Member
Posts: 10,069

Diablo Resources Limited (DBO), via its wholly owned subsidiaries, holds a 100% interest in the following projects in the USA:

(a) the Devils Canyon Gold Copper Project located in the Carlin Gold trend in Nevada consisting of 90 BLM claims;
(b) the Western Desert Gold Copper Project consisting of 257 BLM claims and a state lease located in Western Utah near the Nevada border; and
.c) the Lone Pine Gold Project located approximately 10km west of Salmon, Idaho and which consists of 2 patented mining claims surrounded by a further 268 BLM claims.
DBO acquired these projects following a strategic review by Hawkstone Mining Limited (HWK) of its assets, after which HWK decided to demerge and sell its interest in the Devils Canyon Project, Western Desert Project and Lone Pine Project to the the Company.


Listing date ....... 12 October 2021 11:30AM AEST ##

Company contact details .... https://diabloresources.com.au/
Principal Activities ........... Mineral exploration

Issue Price ...... AUD 0.20
Issue Type ...... Ordinary Fully Paid Shares
Security code ... DBO

Capital to be Raised ......... $6,500,000
Expected offer close date .... 21 September 2021
Underwriter ............. Not underwritten. PAC Partners Securities Pty Ltd (Lead Manager)
  Forum: By Share Code

nipper
Posted on: Sep 16 2021, 08:45 AM


Group: Member
Posts: 10,069

Milton Directors have determined to pay a fully franked special dividend of 37 cents for each Milton share held by shareholders as at the record date, being 7:00pm on 22 September 2021 .

Payment of the Special Dividend is currently expected to occur on 5 October 2021.


... and then it is Goodnight, Arrivederci. Bon Voyage.
  Forum: By Share Code

nipper
Posted on: Sep 15 2021, 08:56 PM


Group: Member
Posts: 10,069

will this just blow past? UWL peaked at 4.38 early in Sept, and has had a few gentle down days to be 4.12 on 13/09. Yesterday, it slumped to 3.42 rather quickly before bouncing back (mostly), and today had traded between 3.80 and 4.00, to close around 3.90
QUOTE
UWL notes media reports earlier today regarding allegations having been made against one of its directors, Mr Vaughan Bowen, by ASIC in relation to the personal trading of shares in Vocus Group Limited in June 2019.

The Company understands that Mr Bowen emphatically denies the allegations and will be vigorously defending the matter. The Company also notes that this matter does not relate to trading in UWL shares.

The operations of Uniti Group will not be impacted. The Company’s business, and executive team, will continue as normal under the leadership of MD & CEO Michael Simmons.

The UWL Board does not intend to make any changes to Mr Bowen’s role and position of Executive Director (M&A) of the Company, which will continue, until the outcome of this matter has been determined.

  Forum: By Share Code

nipper
Posted on: Sep 15 2021, 07:02 PM


Group: Member
Posts: 10,069

there is a bit from FYI on the general aspects of HPA utilisation, in this Stockhead article


https://stockhead.com.au/resources/fyi-reso...hat-alcoa-deal/

QUOTE
When it comes to lithium ion batteries, HPA is currently used as the coating on the separator between the anode and cathode. The HPA coated separators improve battery chargeability (charging and discharging rates), performance (power density), safety and overall service and durability.

But that is not all. HPA battery applications could grow significantly beyond this.

FYI Resources (ASX:FYI) calls HPA the hallelujah battery material with applications in the separator and anode .... and increasing potential candidate in cathode development.

The whole battery, basically.
  Forum: Investment Discussion

nipper
Posted on: Sep 15 2021, 04:23 PM


Group: Member
Posts: 10,069

and a $5.35 close, not far below the intra day ... and up 40% on the day.


(I had a cheeky sell at higher than that, for the ones I picked up in the SPP earlier this year.)
  Forum: By Share Code

nipper
Posted on: Sep 15 2021, 03:46 PM


Group: Member
Posts: 10,069

a week late to make it to the ASX, but now up and running:


CUS opened at 40c this afternoon, hit 44c soon after ... and has settled to trade, still above the 35c IPO , around 40c
  Forum: By Share Code

nipper
Posted on: Sep 15 2021, 03:15 PM


Group: Member
Posts: 10,069

and good at the promoting ... now Stockhead

https://stockhead.com.au/resources/fyi-resources-roly-hill-on-hpa-the-hallelujah-battery-material-and-that-alcoa-deal/

FYI Resources (ASX:FYI) calls HPA the "hallelujah" battery material with applications in the separator and anode – and increasing potential candidate in cathode development.

The whole battery, basically.

FYI recently inked a deal with advanced battery graphite stock EcoGraf (ASX:EGR) to develop additional uses for FYI's HPA product.

Investors are also watching closely for an update on an MoU between FYI and global aluminium giant Alcoa, where commercial terms are being finalised for a full joint venture operation.

Stockhead chats with FYI managing director Roly Hill about EcoGraf, HPA demand, and that all important deal with Alcoa.


What does the deal with EcoGraf mean for FYI?
QUOTE
In simple terms ... it is a joint venture between two battery focussed commodity players, looking at doing something completely different.
[This JV] is a very elegant way of adding a little bit of value to the downstream side of what FYI and EcoGraf are doing individually. For us, it is all about expanding HPA applications in the battery.

HPA is currently used as the coating on the separator between the anode and cathode.

But it is looking like the utility of HPA is increasing. Now it looks like it [could be used] in the anode, and the cathode as well.

The obvious benefits from the customer perspective are safety, performance, and possibly cost reduction, and life extension of the battery.

Pretty exciting stuff, and the key thing for us is the interest [we are getting] from some of the larger battery groups.

It just a matter of us adding a bit more value and cracking the code a little, to see where it can lead.
.

How much HPA will be required for the battery sector going forward?
QUOTE
We would use Benchmark Mineral Intelligence as our guidance on that.

They are suggesting that the anode growth ... graphite and the HPA ... could be +700% by 2025 from where it currently sits.

The HPA market, where it currently sits, has a standing rate of 17% to 18% year on year growth through battery applications and the more traditional markets .... LEDs, sapphire glass, those sorts of things. Big numbers.

Potential additional uses of HPA in the battery [mentioned above] are not included in all those numbers.
.

Is the EcoGraf deal separate to what FYI is doing with Alcoa?
QUOTE
We had to defer the signing of the term sheets with Alcoa by a month.

That is because, out of courtesy, we introduced this [deal with EcoGraf] to Alcoa, along with several other initiatives that we wanted to pursue.

They very much liked that, and the other things that we are wanting to do. We had to defer everything just so they could get involved.

It was originally outside the scope; now it is inside the scope.


I can see everyone just waiting for FYI to sign the Alcoa deal. Everyone is hanging out for it.
...No more than me, I can tell you, Hill says. [But] both companies don't come this far ... time, money, and effort .... for it not to succeed.
  Forum: By Share Code

nipper
Posted on: Sep 15 2021, 02:09 PM


Group: Member
Posts: 10,069

QUOTE
with steady buy action all morning
and the afternoon is just as strong... Punching through $5.00
  Forum: By Share Code

nipper
Posted on: Sep 15 2021, 01:20 PM


Group: Member
Posts: 10,069

QUOTE
Just after 7pm on Tuesday evening, Perth based lithium producer Pilbara Minerals announced it had conducted just its second ever auction on the Battery Material Exchange, a platform it launched in March to sell unallocated tonnes of spodumene concentrate from its Pilgangoora complex in the WA Pilbara region.

Pilbara's first auction via the BMX platform was impressive, fetching the equivalent of $US1420 a tonne at the industry benchmark for spodumene.

Given spodumene prices languished at $US400 a tonne in September 2020, .... the Tuesday night auction was something else entirely. Pilbara revealed in its short ASX announcement that it has sold 8000 tonnes of lithium for a staggering $US2240 a tonne. Convert that to benchmark price and the auction yielded the equivalent of $US2500 a tonne.



and PLS up 9%



https://www.afr.com/chanticleer/the-lithium-boom-just-went-to-another-level-20210915-p58rsz
  Forum: By Share Code

nipper
Posted on: Sep 15 2021, 12:54 PM


Group: Member
Posts: 10,069

and this investment by Carbon Direct has done wonders to CXL shares .... It had sold down to below $4 over the last week, but that turned into a 25% lift to as high as $4.75 today...

..... and not just at open, with steady buy action all morning
  Forum: By Share Code

nipper
Posted on: Sep 15 2021, 12:28 PM


Group: Member
Posts: 10,069

not sure what is driving it (( probably the pump and dump mob )) and ACB is now in a Trading Halt. ACB was trundling along, 5c to 1c to 6c over the past three years. It has now jumped up to 13.5c and in a TH. ( pending an announcement relating to response to a price and volume query and a capital raising. )

Prior work has been low key and Announcements few and far between. WA cobalt/ nickel and , more recently, Uranium in Botswana:

QUARTERLY ACTIVITIES

Wilconi Drilling and Resource Modelling
The +10,000 metres drill programme planned for Wilconi commenced in June. In addition to collecting metallurgical samples, drilling will be focussed on closing up the drill spacing across near surface (<10m) higher grade areas and thicker zones of mineralisation localised along steep structures, "keels". Samples from this drill programme have been submitted to ALS Geochemistry in Perth and the first results are expected in July.


Metallurgical Testwork : Wilconi Co Ni Project WA

Simulus Engineers (Perth) have provided A-Cap with a proposal for a desktop study on producing a cobalt-nickel sulphate from Wilconi and made recommendations for the next phase of testing once suitable core samples have been collected in light of the positive results obtained in 2020. Refer ASX announcement dated 30th April 2020 for further information. To continue the metallurgical testing programme more sample representative of ores across the deposit are required. These samples will be collected as part of the current drill programme commenced in June.
WILCONI PROJECT ; A JOINT VENTURE WITH WILUNA MINING CORPORATION LTD (Formally BLACKHAM RESOURCES LTD)

Project Overview .... highlights (refer ASX announcement dated 21 Dec-18): -

.. The Wilconi project has significant past drilling to enable A-Cap to value its potential
.. The deposit lies in largely granted mining tenements
.. Infrastructure associated with Wiluna Mining's gold mining is in place
.. Environmentally safe with a long history of mining in the area
.. New and innovative geophysics and metallurgical technology will be utilised during the feasibility work
.. The Wilconi Project tenements list comprises twelve granted mining leases, eight granted exploration licences, one prospecting licence and one retention licence. The Project covers a total area of 800 square kilometres.


Proposed Exploration
A-Cap plan to infill the previous drill pattern to increase the confidence in the JORC resources from inferred to indicated. In combination with ground geophysics (DGPR), the drilling will focus on the shallower portions of the resource that also contain higher nickel and cobalt grades.



LETLHAKANE URANIUM PROJECT
The Letlhakane Uranium Project, located in Botswana, is one of the world's largest undeveloped Uranium Deposits.

A Mining Licence designated ML 2016/16Lwas granted on 12 September 2016 and is valid for 22 years. The Department of Environmental Affairs formally approved the Letlhakane Uranium Project's Environmental Impact Statement on 13 May 2016. Provisional surface rights were granted on 6 June 2016.

The Letlhakane Uranium Project remains an important project asset within the diversified minerals strategy. While the nuclear industry is confident in the long term fundamentals of uranium and nuclear power, there is less certainty in the short term with industry expectation that the market will gradually move towards balance from calendar year 2025. Please refer to the Company's 2019 Annual Report for information relating to the Letlhakane Uranium Project's mineral resources and exploration results.

Excitingly the uranium market and investors sector appear to be improving. Currently the Botswana operations have a small team managing the administration and providing technical continuity for the project whilst waiting for market conditions to improve. The remaining team will keep the mining licence conditions in compliance and complete low level desktop studies to further the project.
  Forum: By Share Code

nipper
Posted on: Sep 15 2021, 10:05 AM


Group: Member
Posts: 10,069

I made a list of ASX stocks that have exposure to the agricultural sector:

Most are in the XSJ Consumer Staples subindex, but unfortunately that is dominated by retail:
COL, WOW, CCL, TWE etc
There are some intermediate sized ones , long established,
…. thinking NUF, RFF, WBA, AAC, GNC, ELD, BGA, RIC

Then you get to the small cap end, where slips are aplenty

BFC, CGC, SHV, FRM, and who could forget FNP.

Small niche: GDA, MBH, UMH

The milkers: A2M, BUB, SM1, DMC

The seafood and aquaculture ones : HUO, TGR, SFG, CSS, MCA

Tassie specialists: PFT, TFL

Also WOA and ROO... and maybe a few others in the plant based protein sector

And one ASX listed ETF .... FOOD (Global Agriculture Commodities Currency Hedged)
  Forum: Investment Discussion

nipper
Posted on: Sep 15 2021, 09:59 AM


Group: Member
Posts: 10,069

There is a good article reminding all how well Agriculture is doing:


Oz Farmers Singing in the Rain

https://www.sharecafe.com.au/2021/09/14/oz-...ng-in-the-rain/
QUOTE
Thanks to another year of widespread rain and good growing weather , especially in much of WA and NSW as well as drought, storms, heavy rain and frosts in the northern hemisphere, the value of Australian farm production hit a record $73 billion. The federal government agriculture forecaster ABARES on Tuesday revealed an upgraded forecast for the coming 2021 22 year in its latest quarterly outlook.

This is an $8 billion (or 12%) upward revision from the outlook issued in June, the largest upgrade in a single quarter for C21 year and the first time the estimated value is forecast to top the $70 billion mark.

According to ABARES the upgrade is primarily due to a $5.6 billion lift in the forecast value of grains, oilseeds and pulses. This revision stems from upgrades to both the volume of production (due to favourable domestic seasonal conditions), and the prices that this production will be valued at (due to unfavourable seasonal conditions overseas), ABARES pointed out.
  Forum: Investment Discussion

nipper
Posted on: Sep 15 2021, 09:46 AM


Group: Member
Posts: 10,069

Carbon Direct invests €15M ($A24.5M) for 7% stake in Calix’s LEILAC business

Calix will use funds to accelerate deployment of lime and cement decarbonisation technology

Highlights:
€15M investment in Calix’s LEILAC business by Carbon Direct, one of the world’s leading decarbonisation investors
• Investment will accelerate the development and deployment of LEILAC, which uses Calix technology for cement and lime decarbonisation
• Carbon Direct will advise LEILAC on areas including capital markets, regulations, commercial development, and technical development, helping it scale the business
• LEILAC technology has been successfully piloted at 25,000tpa scale and is now being scaled up to 100,000tpa, with several commercial pilot plants under development
• Investment implements Calix’s equity farm in strategy to create focussed, commercialisation businesses for its core technology
  Forum: By Share Code

nipper
Posted on: Sep 15 2021, 09:38 AM


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Posts: 10,069

NickelSearch Limited (NIS) holds a belt scale mineral tenement package in Western Australia located at the junction of the southern Yilgarn Craton margin and the Forrestania to Ravensthorpe Nickel Belt that is highly prospective for nickel sulphide deposits.

The Carlingup Project includes four currently known nickel sulphide deposits at RAV1, RAV4, RAV4 West, and RAV8 spread along about 10 kilometres of strike length. These deposits contain shallow mineralisation open in most directions with an inferred resource at RAV8 of 13.2 million tonnes at 0.6% Ni for 75,100 tonnes of Ni and a combined exploration target at RAV1, RAV4 and RAV4 West of 300,000 tonnes at 0.9% Ni for 2,800 tonnes of Ni to 9,800,000 tonnes at 0.4% Ni for 41,200 tonnes of Ni. These exploration targets are based on information that is conceptual in nature noting that there has been insufficient exploration to estimate a mineral resource and that it is not certain if further exploration will result in the estimation of a mineral resource.

In addition, the John Ellis laterite nickel deposit contains 16.0 million tonnes at 0.56% Ni for 90,300 tonnes of Ni. Importantly the historical high grade RAV8 nickel mine which produced 16,100 tonnes of nickel at 3.45% demonstrates the potential for finding high grade massive sulphide mineralisation at all the known deposits and virgin blind deposits yet to be discovered.


Listing date.... 06 October 2021 1:00PM AEST ##
Company contact details ...... https://nickelsearch.com/

Principal Activities ... Mineral Exploration

Issue Price ...... AUD 0.20
Issue Type ....... Ordinary Fully Paid Shares
Security code ..... NIS
Capital to be Raised ... $10,000,000

Expected offer close date ... 28 September 2021
Underwriter.... Not underwritten. Discovery Capital Partners Pty Ltd (Lead Manager)
  Forum: By Share Code

nipper
Posted on: Sep 14 2021, 08:54 PM


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Posts: 10,069

UWL sold down then in a trading halt. One of the directors possibly in a spot of bother with earlier company activities, share sales in Vocus and M2, according to media reports
  Forum: By Share Code

nipper
Posted on: Sep 14 2021, 04:15 PM


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Posts: 10,069

Metal Hawk Limited (MHK) is an Australian company incorporated on 6 December 2018 for the purpose of pursuing various mining opportunities in the resources sector designed to add shareholder value by acquiring, exploring, evaluating and exploiting mineral resource project opportunities.

The Company is the holder of one granted exploration licence, one prospecting licence application and one exploration licence application.

The Company also entered into four acquisition agreements with unrelated parties to the Company pursuant to which the Company being granted options to acquire a total of three exploration licences, five prospecting licences and two applications for exploration licences in Western Australia from the Vendors.

The Tenements are considered by the Company to be prospective principally for gold and nickel sulphide.

MHK anticipated that it could list on the ASX during December 2019. it eventually made it to the boards in Nov 2020, raising $5 million at 20c.

It traded in the 18c to 30c range for most of the time until today; after coming out of a Trading Halt at 18.5c, on the announcement of a discovery, it ran up to 72c and has closed the day at 67.5c, up 265%

MASSIVE NICKEL SULPHIDE DISCOVERY AT BEREHAVEN NICKEL PROJECT

QUOTE
• Maiden RC program intersects significant massive sulphide mineralisation at the Commodore Nickel Prospect, 20km from Kalgoorlie
• Greenfields nickel discovery consistent with high grade Kambalda style komatiite hosted massive nickel sulphide deposits
• Downhole electromagnetic survey initiated
• Diamond drilling to follow __
  Forum: By Share Code

nipper
Posted on: Sep 14 2021, 03:56 PM


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Posts: 10,069

BHP has disclosed provisions for remediation in its petroleum business to be sold to Woodside Petroleum at $US3.9 billion, lower than some analysts expected. Property plant and equipment and closure provisions come to approximately $US11.9 billion.

BHP said the deal should unlock synergies, value and choice for BHP shareholders, and reiterated that on completion BHP shareholders would own about 48 per cent of the combined business, with Woodside investors holding the rest.
  Forum: By Share Code

nipper
Posted on: Sep 14 2021, 03:46 PM


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Posts: 10,069

Day One on the ASX and the stock weighed down by selling ... trading below its IPO raise , around 18c
  Forum: By Share Code

nipper
Posted on: Sep 14 2021, 03:19 PM


Group: Member
Posts: 10,069

some specifics.
QUOTE
UBI has entered into an agreement with the Peter MacCallum Cancer Centre (Peter Mac) to supply cancer patient samples which will be used to develop and validate the performance of UBI's handheld point-of-care cancer biosensor for Tn Antigen (Tn).

This agreement provides UBI with access to plasma samples collected from patients with colorectal, breast and prostate cancer as part of a Peter Mac research initiative. Trial results will be used to confirm the presence of Tn in multiple cancer types and determine the clinically relevant range of Tn concentrations.

The trial is scheduled to commence during October and results should be available during Q1 2022.

lead times of regulatory pathway means it will be 2024 before it is a reality
  Forum: By Share Code

nipper
Posted on: Sep 14 2021, 12:10 PM


Group: Member
Posts: 10,069

a timely bit of company promotion .... in the last month PPL has risen from under 3c to a high of 4.8c today, with the FY21 results helping push it along.


Full year EBITDA guidance exceeded

FINANCIAL HIGHLIGHTS
$3.1m EBITDA which was 124% up on pcp due to strong revenue growth
$30m revenue which was 24% up on pcp
119% growth in SaaS platform revenue
Full year positive net operating cash flow of $2.4m up from $1.4m for FY20


... it is a brave New World
  Forum: By Share Code

nipper
Posted on: Sep 14 2021, 11:57 AM


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Posts: 10,069

On 30 November, 2018, A-Cap Resources Limited changed its name to A-Cap Energy Limited.
  Forum: By Share Code

nipper
Posted on: Sep 14 2021, 11:20 AM


Group: Member
Posts: 10,069

Pengana Capital Group Limited (ASX: PCG) wishes to advise that, commencing immediately, it intends from time to time to make on market purchases of units in the Pengana Private Equity Trust (ASX: PE1).


PCG considers the Units to be a particularly attractive investment, reflecting the Board’s confidence in the prospects for strong returns in PE1’s underlying portfolio.

.. been a bit of an uplift of the NTA for PE1 recently, to $1.47.... seeing it still trades at a discount, this could be a mechanism to try and narrow it; the Clayton's buyback?
  Forum: By Share Code

nipper
Posted on: Sep 14 2021, 10:33 AM


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Posts: 10,069

C29 Metals Limited (C29) is a minerals exploration company that was incorporated in October 2020 for the purpose of identifying, exploring and developing prospective copper, gold and base metal assets throughout Australia. The Company has entered into the Acquisition Agreements pursuant to which the Company will acquire a 100% legal and beneficial interest in a number of tenements which will comprise four separate projects, as follows:

(a) the Sampson Tank Project located in New South Wales;
(b) the Reedy Creek Project located in New South Wales;
.c) the Torrens Projects located in South Australia; and
(d) the Stadlers Project located in Western Australia.

The Sampson Tank Project is located in the World Class Lachlan Fold Belt, within the southern portion of the Ordovician Girilambone Basin in Central West New South Wales. It is centred approximately 130km northwest of Parkes and 20km northwest of Tottenham, NSW. Targets identified to date support the concept of deformed and remobilized Besshi-type Volcanic Associated Massive Sulphide (VAMS) mineralisation. Limited historical in-ground exploration has occurred at the Sampson Tank tenement and offers the potential to define a VAMS hosted copper (±gold) deposit. Approximately 20km away is both the Collerina Discovery Copper Gold (Helix Resources, ASX:HLX) and Tottenham Copper-Gold deposits (Mincor, ASX:MCR).

The Reedy Creek Project is located 20km west of the township of Cudal in the Eastern Lachlan Fold Belt of Central NSW. The project is located 60km west of Orange a major regional centre. The Reedy Creek Project is considered prospective for hydrothermal polymetallic (Au-Cu-Pb-Zn-Ag) deposits associated with the Middle Devonian Dulladerry Volcanics, within the Lachlan Transverse Zone. Historical exploration data has identified potential for sulphide rich polymetallic (Au-Cu-Pb-Zn-Ag) skarn, breccia hosted gold-base metal and epithermal gold deposits in a number of structural & lithological settings within the tenement. Several are ready for drill testing.

The Torrens Projects comprise of two exploration licence applications which collectively cover 1,768km2 in the Olympic Dam iron oxide copper gold (uranium) province of the Stuart Shelf in central South Australia. One project is located approximately 50km of the BHP's IOGC Olympic Dam Mine and recently discovered Oak Dam Project and adjacent to other IOCG discoveries including FMG/TAS Volcan Project and ARE/AIS Lake Torrens Project. Historical exploration has intercepted copper mineralisation and exhibit sizable host environments and alteration. Geophysical modelling has identified multiple high quality IOCG targets. While previous drilling at West Mount intersected copper mineralisation (28m @ 0.34% Cu) with IOCG alteration and granitoid breccias.

The Stadlers Project is located in the Ashburton Basin of WA, approximately 60km south of Paraburdoo, near Mt Boggola. Historical results are prospective with significant copper rock chip samples and drilling intersects encountered, including B49 with 9m at 1.86% Cu from 47m depth. Despite having historical exploration, a clear mineralisation model has not been developed for the prospect nor has the mineralisation been closed off; while an 800m long EM conductor anomaly remains untested. The current geological model is believed to be associated with a sedimentary exhalative (SedEx) style mineralisation, which are feed via deep sourced fluids, none have been explored for and thus identified yet.

Listing date... 01 October 2021 ; 12:30PM AEST ##

Contact details .... https://c29metals.com.au/
Principal Activities .... Mineral exploration with a primary focus on identifying, exploring and developing prospective copper, gold and base metal assets throughout Australia.

Issue Price .... AUD 0.20
Issue Type ..... Ordinary Fully Paid Shares
Security code .... C29
Capital to be Raised .... $5,000,000

Expected offer close date ......11 (?) October 2021
Underwriter .... Not underwritten. Trident Capital Pty Ltd (Lead Manager)
  Forum: By Share Code

nipper
Posted on: Sep 13 2021, 09:06 PM


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Posts: 10,069

Nuix Limited (ASX: NXL) has entered into an agreement to acquire all the shares in Topos Labs, Inc. a developer of Natural Language Processing software that helps computer systems better understand text and spoken words at speed and scale.

Topos is a software company headquartered in Boston. Its artificial intelligence driven NLP platform is designed to reduce the workload on data reviewers and analysts by surfacing relevant or risky content faster. Its mission is to provide customers with risk-oriented content intelligence for proactive risk management and regulatory compliance.

Topos’s early stage platform is already able to automate accurate analysis and classification of complex content in documents, electronic communications, and social media. NLP models can be defined directly by business users through the no code user interface, reducing the time required to identify risk in an organisation’s data. Topos is then also able to present the risk assessment of confidential, sensitive, and regulated content in user friendly dashboards.


  Forum: By Share Code

nipper
Posted on: Sep 13 2021, 07:43 PM


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Posts: 10,069

Talga closed on its highest for the day, at $1.59 and up 13%, on the best volume and performance since early June.

I think the market is finally realising they might pull it off.
  Forum: By Share Code

nipper
Posted on: Sep 13 2021, 04:20 PM


Group: Member
Posts: 10,069

West Wits Mining Ltd (ASX:WWI) is an experienced gold exploration and development company focused on transforming world class mineral resources into gold.

The Company plans to transition to a mid tier gold producer from its flagship project in the Central Rand Goldfield of South Africa, the Witwatersrand Basin Project. The WBP contains a JORC Compliant 3.55Moz Au Resource @ 4.26g/t. The Company has commenced a DFS on the first stage of development and aims to be a 60,000oz Au per annum producer with first production by early 2022. The WBP Mining Right was granted by the South African Department of Mineral Resources & Energy in July 2021, a pivotal milestone for the Company which heralds in the development of WWI’s marque WBP.

The Company’s 100% owned Mt Cecelia Project located within the highly prospective East Pilbara and Paterson Province region of Western Australia sits approx. 70km’s west of RIO’s WINU discovery. A Helicopter Electro magnetic (HEM) survey completed in 2020 has identified eight target areas, of which four have been classified as high-priority, for ground surveys in the 2021 field season.

  Forum: By Share Code

nipper
Posted on: Sep 13 2021, 01:11 PM


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Posts: 10,069

LGM started trading on the ASX today .... opened at 24c but now down around the 20c level of the IPO.
  Forum: By Share Code

nipper
Posted on: Sep 13 2021, 12:06 PM


Group: Member
Posts: 10,069

Milton advises that the Scheme Resolution was passed by the requisite majorities of Milton Shareholders at the Scheme Meeting held earlier today, with:

• 93.22% of Milton Shareholders present and voting (either in person or by proxy, attorney or corporate representative) at the Scheme Meeting in favour of the Scheme Resolution; and
• 82.78% of votes cast at the Scheme Meeting in favour of the Scheme Resolution.

The Implementation of the Scheme remains subject to approval by the Court and the satisfaction or, where capable, waiver of certain other customary conditions as outlined in the Scheme Booklet. Milton has applied to the Court for approval of the Scheme at a hearing scheduled to commence at 10.15am (AEST) on 20 September 2021. Milton will make a further announcement after the conclusion of the Court hearing.

If the Court approves the Scheme, Milton proposes to lodge the orders of the Court with the Australian Securities and Investments Commission on 21 September 2021, at which time the Scheme will become legally effective pursuant to section 411(10) of the Corporations Act 2001 (Cth).

Subject to the Scheme becoming Effective:
Milton will apply for its shares to cease trading on ASX from the close of trading on 21 September 2021;
• the Special Dividend Record Date will be 7.00pm on 22 September 2021;
• the Scheme Record Date will be 7:00pm on 27 September 2021; and
• the Scheme is expected to be implemented on 5 October 2021 (Implementation Date).
  Forum: By Share Code

nipper
Posted on: Sep 13 2021, 11:40 AM


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Posts: 10,069

MOU FOR POTENTIAL SECOND, LARGER VANADIUM RECOVERY PLANT HIGHLIGHTS


Neometals' Vanadium Recovery Project partner Critical Metals, has entered into an MoU* for a potential 10 year Slag supply agreement with green steel developer, H2GS AB;

MoU agrees evaluation framework of the H2GS potential Slag and key commercial terms of a potential Slag supply agreement; and
MoU represents an opportunity to significantly increase the scale and scope of proposed 50:50 (Neometals /Critical) incorporated JV to produce high purity vanadium products from Slags using Neomtetals proprietary technology
  Forum: By Share Code

nipper
Posted on: Sep 13 2021, 11:31 AM


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Posts: 10,069

Test Results Confirm Novel AC Pellets Successfully Destroy Florida Red Tide Algae

• New Activated Carbon Pellet technology demonstrates superior performance killing 100% of algae within two hours at low dosages of added algaecide
• Florida red tide algal blooms cause severe environmental, economic, and public health issues and there is considerable government support to fund environmentally friendly treatments
• Carbonxt provides the following link which details the economic and health impacts caused by red tide algal blooms in Florida - https://bit.ly/2YwTB7t
• These pellets build on our nutrient pellet research and commercialisation work. Freshwater eutrophication (water becoming progressively enriched causing excessive algal growth) has been estimated to cost the US economy US$2.2 billion annually
  Forum: By Share Code

nipper
Posted on: Sep 13 2021, 11:09 AM


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ABB and Talga Expand Agreement to Mine Electrification

Talga aims to electrify its underground mining operations when it reaches the expansion phase of its Swedish battery anode operations. This electrification strategy will be explored by ABB and Talga under the expanded MoU, focusing on the ABB Ability™ eMine portfolio of solutions. Under the MoU, ABB will also extend its industrial automation and electrification expertise to include next-level production and process control solutions for Talga's initial operation.

In addition, ABB will work with Talga on front end engineering and design for the development and construction of commercial 100,000tpa graphite concentrator operations at Vittangi, a 19,500tpa anode production plant at Luleå and earlier ramp-up stages/production qualification modules. The commercial FEED stages are due for completion June 2022, with the intent to execute binding agreements with ABB for subsequent construction and operations.

.......... & aiming for a zero carbon mine.
  Forum: By Share Code

nipper
Posted on: Sep 12 2021, 12:37 PM


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Posts: 10,069

still in Voluntary Suspension ... the requests keep rolling in. First was 29 July.
Announcement at the time:

https://cdn-api.markitdigital.com/apiman-ga...4df02a206a39ff4


The Company will be implementing a revised ramp up strategy that involves suspending the initial plant feed programme following the processing of the first 90 to 110kt of harvest salts, to enable more salts to precipitate before commencing continuous harvesting activities.
• As a result of the revised pond ramp up schedule and associated delayed plant feed salt availability, forecasted SOP production for FY22 has been reduced and the Company will require further funding before the end of 2021 to continue operations at Lake Way. Discussions to resolve the funding shortfall have commenced and once complete and agreed will be announced to the market.
• The reduction in plant feed salt availability is expected to reduce primary SOP production in FY22 from 165-185kt to 85-105kt. This is the result of three factors:
• A change in operating methodology for the ramp up period of the pond system has been implemented to manage salt grade variability in the harvest cells.
• A reduction in the estimation of available plant feed salt within harvest ponds following bulk sampling.
• The reclassification of lower grade inventories that have now been determined as unsuitable for plant feed during the rampup period.
• There is no anticipated impact on production levels in FY23 and beyond, with full production run rate from primary salts still anticipated in the June 2022 quarter.

As a result of the revised pond ramp up schedule and associated delayed plant feed salt availability, forecasted SOP production for FY'22 has been reduced. The Company will require further funding to continue operations at Lake Way before the end of 2021. Discussions to resolve the funding shortfall have commenced and once complete and agreed the market will be updated.


CEO gone.
  Forum: By Share Code

nipper
Posted on: Sep 12 2021, 09:40 AM


Group: Member
Posts: 10,069

in is an interesting time. From the front page article of Share Cafe; Home


Dragon's Bite Taking Huge Chunks out of Ore Market
QUOTE
As readers of Share Cafe would have realised by now, iron ore prices have slumped sharply since their May highs as the Chinese government attempts to cut carbon emissions and punish Australian iron ore exporters ahead of the Glasgow climate change summit and then the Winter Olympics near Beijing in February 2022.

In fact, Share Cafe started reporting the government campaign in June and July amid reports of changes to tariffs and export taxes to try and force Chinese steelmakers to source more finished product from offshore (thereby exportin g pollution and carbon emissions) and announcing plans to restrict June to December crude steel production so that total 2021 output was no more than the 2020 record of 1.065 billion tonnes.

Given that background and consistent reporting revealing price movements and some of the reasons why, it came as a surprise to find some business media discovering the Chinese crack down with headlines like "China curbs steel output" and "iron ore set for price hit as China curbs steel output" as though the news is, well, new.

It is not, iron ore has already taken a massive price hit before the AFR front page discovery on Thursday. The Metal Bulletin's Fastmarkets index hit an all-time high of $US237.57 a tonne on May 12 this year for 62% Fe fines (the sort shipped from the Pilbara and the global benchmark) shipped to northern China)

Fastmarkets website had the price of 62% fe fines at $US130.26 a tonne on Thursday.

Now if a price fall of $US107 a tonne or more than 45% isn't a price hit then what is? And that small ($US1.93 a tonne) fall took the price of 62% Fe fines to an 11 month low.

China's campaign against steel industry carbon emissions started in April and has continued to the point where data next week will show it has helped depressed production across wide sections of the economy....
read more:

https://www.sharecafe.com.au/2021/09/10/dra...-of-ore-market/
  Forum: Macro Factors

nipper
Posted on: Sep 11 2021, 08:42 PM


Group: Member
Posts: 10,069

and a few months later ... $2.70
.
Simon Henry, boss of chemicals manufacturing and storage group DGL says the pandemic has killed off the just in time approach to supply chains across industry, and that shipping channels and international logistics face many more months of chaos.

He said international players were increasingly shifting more of their stock into local country warehouses and storage sites and lifting inventory, so they can be better prepared for when shipping and transport logjams occur.

DGL Group has 1300 customers across industries such as agriculture, water treatment, mining, construction, pharmaceuticals, and home and garden.

DGL earlier this month acquired Opal Australasia based in Western Australia for $8.6 million. It is a specialist contract fertiliser and packing business.

Mr Henry said DGL was on the hunt for further acquisitions but would stay disciplined and only move if a purchase added value to the business.
  Forum: By Share Code

nipper
Posted on: Sep 11 2021, 11:37 AM


Group: Member
Posts: 10,069

pushing up quite nicely on the back of the first set of results... After a hesitant start when it listed, Swoop has more than doubled since July. ... now $2.31


As well as looking to lock in recurring revenue and keeping a lid on Capex, there has been a set of acquisitions that will bode well for the future
  • ... Scale & Acquisition Synergies beginning in FY22 and full benefits into FY23
  • ... Significant larger acquisition opportunity set post listing
  • ... Majority of vendors are looking for predominantly scrip based transactions and interested to join the Swoop journey
  • ... Progressing acquisition debt facility
  • ... Current pipeline valuations are materially EV/EBITDA accretive
  • ... Hired experienced Systems & Integration leader
  Forum: By Share Code

nipper
Posted on: Sep 11 2021, 10:52 AM


Group: Member
Posts: 10,069

and closed at 43c >>>... /i\
  Forum: By Share Code

nipper
Posted on: Sep 11 2021, 10:39 AM


Group: Member
Posts: 10,069

market has digested a director selling down.... Paul O'Connor announced his decision to retire and sold his 5% holding on market (was acquired when Pavilion Health became part of PKS). From a peak of 70c last Monday, most of the trades went through but then triggered a bit of selling to touch 58c, since recovering.

And nice to see Mirrabooka picking up 5.2% in Feb, which would have been around 36c.
  Forum: By Share Code

nipper
Posted on: Sep 11 2021, 09:58 AM


Group: Member
Posts: 10,069

still at it... Market cap is under $30 million. Tthe shareprice has had a bit of a spurt recently, but the long term has been treading water


... Prime Financial Group Limited (PFG) is a National Financial Services & Advisory Group delivering Wealth Management Services. Prime offers Wealth Management Services including: Financial Planning, Investment Advice, Asset Protection & Life Insurance, Superannuation including Self Managed Superannuation, and Accounting Services. PFG provides services through its hubs located in Victoria, New South Wales, Western Australia and Queensland.
  Forum: By Share Code

nipper
Posted on: Sep 11 2021, 09:54 AM


Group: Member
Posts: 10,069

ZEOTECH TO ACQUIRE ONE OF AUSTRALIA'S HIGHEST GRADE KAOLIN PROJECTS HELD WITHIN AN APPROVED MINING LEASE

 Zeotech to acquire the Toondoon Kaolin project located in Queensland

 Project comprises of an approved ML 80126, EPM 27395 and EPMa 27866, across 28,000ha

 Zeotech to acquire Kalotech Pty Ltd for 37m fully paid ordinary shares at a deemed price $0.07 per share to secure the project

 Approved Mining Lease (ML 80126) JORC 2012 Indicated Resource of 5m tonnes 37% Al2O3, <1% Fe2O3 ... resource remains open in all directions, offering scope to further expand the high-grade resource within ML and surrounding EPMs

 Located in a tier one jurisdiction and well served by existing infrastructure ... two major ports within 300km, with access to major arterial highways

 Near term cashflow DSO potential .. 1 million tonne of near surface high grade raw ore provides a fast track mining opportunity

 Toondoon ML offers low cost high grade feedstock to expedite synthetic zeolite technology commercialisation ... delivering material improvement in zeolite production OpEx


Market cap $130 million ... trading rather range bound between 8c and 9c
QUOTE
As an industrial kaolin and mineral processing technology Company, ZEO is currently working with the University of Queensland to commercialise novel and proprietary zeolite mineral processing technology.

Still touting their common zeolite technology used across each vertical representing material market opportunities.
  Forum: By Share Code

nipper
Posted on: Sep 11 2021, 09:44 AM


Group: Member
Posts: 10,069

still the same name, but drilling and hoping in WA.... Apollo Consolidated Limited (AOP) is engaged in mineral exploration. Apollo has a package of tenements in Western Australia including the Rebecca Project which is materialising into an important potential discovery.

Metallurgical drilling outlines robust gold zones at Lake Rebecca Project


Highlights:

¾ Assay results from continued metallurgical diamond drilling confirm excellent grade and width continuity and further strong validation of the April 2021 Mineral Resource estimate1 block model.

¾ Significant gold results include:

.. 32m @ 1.56g/t Au & 30m @ 1.47g/t Au in MET001 at Duchess deposit
.. 66m @ 1.03g/t Au & 22m @ 1.35g/t Au in MET002 at Duchess deposit
.. 97m @ 1.85g/t Au (including 1m @ 25.4g/t Au and 1m @ 12.5g/t Au) in MET003 at Duke deposit
.. 22.8m @ 1.43g/t Au, 19m @ 1.16g/t Au & 11m @ 1.20g/t Au in MET005 at Rebecca deposit
.. 20.8m @ 2.35g/t Au (incl. 1m @ 17.3g/t Au) & 17m @ 1.27g/t Au in MET006 at Rebecca deposit


¾ Drill holes at Duke and Duchess were sited on infill drill sections and demonstrate the robust nature of mineralised structures in the areas tested. Drill holes at Rebecca were designed to collect bulk composite material from the moderate grade Laura and Maddy mineralised structures.

¾ Coarse visible gold logged in MET001 within a zone of massive sulphide veining (assayed 9m @ 2.24g/t Au) pointing to a potential new style of higher-grade mineralisation at this deposit.

¾ Next stages of metallurgical test work now underway.

¾ RC and diamond exploration drilling continues, working through a selection of high potential value-add exploration, resource-definition, and step-down targets.

The Company remains in an excellent financial position to continue the ongoing exploration and technical work at Lake Rebecca, with A$36.7M in consolidated cash as of 30 June 2021.. Market cap $110million
  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 09:01 PM


Group: Member
Posts: 10,069

Minerals 260 Limited (MI6) was incorporated as a wholly owned subsidiary of Liontown Resources Limited (ASX: LTR) in June 2021 for the purpose of spinning out certain assets held by Liontown, including 100% of the Moora Gold Nickel Copper PGE Project, an option to earn a 51% interest in the Koojan Gold /Nickel /Copper /PGE Project, the Dingo Rocks Project and tenement applications at Yalwest.

The spin out will occur by way of a pro rata in specie distribution of shares in Minerals 260 to Liontown shareholders. In conjunction with the proposed Demerger, Minerals 260 intends to undertake an IPO and will make an application for admission to the Official List of the ASX.


Listing date.... 11 October 2021 #

Company contact details .... https://minerals260.com.au/
Principal Activities .... Minerals 260's main business activity is mineral exploration and development.

Issue Price ... AUD 0.50
Issue Type ... Ordinary Fully Paid Shares
Security code ... MI6
Capital to be Raised ... $15,000,000

Expected offer close date ... 22 September 2021

Underwriter... Not underwritten. Bell Potter Securities Limited (Lead Manager)
  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 08:58 PM


Group: Member
Posts: 10,069

Minerals 260 Limited was incorporated as a wholly owned subsidiary of Liontown Resources Limited (ASX: LTR) in June 2021 for the purpose of spinning out certain assets held by Liontown, including 100% of the Moora Gold Nickel Copper PGE Project, an option to earn a 51% interest in the Koojan Gold /Nickel /Copper /PGE Project, the Dingo Rocks Project and tenement applications at Yalwest.

The spin out will occur by way of a pro rata in specie distribution of shares in Minerals 260 to Liontown shareholders. In conjunction with the proposed Demerger, Minerals 260 intends to undertake an IPO and will make an application for admission to the Official List of the ASX.

  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 08:16 PM


Group: Member
Posts: 10,069

Fresh from its biggest investor selling off a 33 per cent stake in the business, Global Data Centre Group is raising $24 million via a placement for institutional investors and a retail share purchase plan.

On Tuesday afternoon 360 Capital sold off a block of $42 million, priced at $1.93 per share.

The funding round is also priced at $1.93 per share, which represents a 4.9 per cent discount to its last trading price of $2.03.

Shaw and Partners and Aitken Murray Capital Partners have been appointed as joint lead managers.

Proceeds from the raise will be used to fund potential acquisitions, as well as strategic investment opportunities.

............ and they will probably keep going to market for fresh capital for every opportunity they want to get involved in.
  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 07:57 PM


Group: Member
Posts: 10,069

The Old Trafford Test is cancelled after India confirms it will not be able to field a team due to fears of a growing number of positive cases inside the touring party.

https://www.abc.net.au/news/2021-09-10/covi...elled/100453610
  Forum: Off Topic Chat

nipper
Posted on: Sep 10 2021, 07:48 PM


Group: Member
Posts: 10,069

Paladin Energy has announced plans to restart its Namibian mine, having placed it into care and maintenance in August 2018.


The stock has tripled this year to 82¢. Shaw & Partners upgraded its price target from 56¢ to $1.00.
  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 07:47 PM


Group: Member
Posts: 10,069

Boss Energy announced this week that the engineering process to restart its Honeymoon Project in South Australia is running well ahead of schedule. Its share price has surged more than 150 per cent this year to 26¢.

Stockbrokers Shaw upgraded its price target from 17¢ to 30¢.
  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 07:43 PM


Group: Member
Posts: 10,069

on or about this date the company, PEN, consolidated its shares 1 for 40 .... 08/10/2015

...and somewhere back in the mists of time, company changed name from Peninsula Minerals Ltd to Peninsula Energy Ltd, keeping the ASX code of PEN.

Like most Uranium stocks, it has wallowed for years, but undergone a bit of a gee up recently ..... low of about 6c a year ago and now 22c
  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 06:51 PM


Group: Member
Posts: 10,069

Vimy Resources Limited (VMY), formerly Energy and Minerals Australia Limited, EMA, is a uranium exploration explorer and developer, with its primary asset being the Mulga Rock Project. Vimy also owns (79%) and operates the granted uranium exploration package in the Alligator River uranium district, located in the Northern Territory.


Uranium has been in the doldrums for quite a while, but has been stirring for the last year,.. In Nov 2020 Vimy was 4c and it is now 17c

In May Vimy announces the successful completion of its Share Purchase Plan (SPP) to eligible shareholders, raising a total of $9.0 million. The SPP was announced on 21 April 2021, following the $18.5 million placement to institutional and sophisticated investors (Placement) and sought to raise $3.0 million at 11 cents per share. At the same as the issue price per share in the Placement, the SPP closed with applications for over $17 million of SPP Shares or approximately 4.8 times oversubscribed.
  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 06:44 PM


Group: Member
Posts: 10,069

On 16 December, 2014, Energy and Minerals Australia Limited (EMA) changed its name and ASX code to Vimy Resources Limited (VMY).

  Forum: By Share Code

Poll: Uranium
nipper
Posted on: Sep 10 2021, 06:26 PM


Group: Member
Posts: 10,069

Ten years ago, the tsunami and then meltdown at Fukushima put paid to the Uranium market. There as a demand shock and prolonged downturn as mines shut or entered care and maintenance. The spot price traded in a depressed range of $US20 to $US30 a pound ... not nearly high enough to encourage production.
But after a decade in the shadows, the sector has been jolted back to life within just a few weeks thanks largely to the Sprott Physical Uranium Trust (SPUT). The vehicle is in the midst of a buying frenzy of physical uranium, taking supply out of the market and boosting the spot price to $US40.40 a pound ... its highest level in seven years.

QUOTE
There has been so much fuel on the floor of the uranium market given it has been such an undersupplied commodity, the portfolio manager of Tribeca's global natural resources fund, Ben Cleary, said. The match to set this on fire has been Sprott buying spot [uranium].

SPUT is the largest listed physical uranium fund and began trading on the Toronto Stock Exchange in July after Sprott Asset Management, a subsidiary of global precious metals investment manager Sprott Inc, purchased it from Uranium Participation Corp.

While the fund goal remained the same ... buying and holding uranium to provide investors with exposure to movements in its spot price ... the new SPUT structure as a trust allowed it to launch a $US300 million at the market offering on August 17, meaning it could issue units and raise cash to consistently purchase the commodity.

The strategy is similar to the London listed Yellow Cake PLC, which has also been buying and holding physical uranium, albeit at a slower rate. The company holds 13.3 million pounds of the commodity in storage in Canada and France as of its latest quarterly update in August.

SPUT has purchased 6 million pounds of uranium in the spot market and deployed more than $US200 million of its ATM in the past month.

.....

One broker has a preferred exposure in Paladin Energy, which plans to restart it Namibian mine, having placed it into care and maintenance in August 2018. The stock has tripled this year to 82¢. Shaw & Partners upgraded its price target from 56¢ to $1.00.
Boss Energy announced this week that the engineering process to restart its Honeymoon Project in South Australia is running well ahead of schedule. Its share price has surged more than 150 per cent this year to 26¢. Shaw upgraded its price target from 17¢ to 30¢. The broker made the same upgrade to Peninsula Energy, while boosting the Vimy Resources price target from 25¢ to 27¢. Shaw & Partners has a buy rating on all four stocks.
  Forum: Macro Factors

nipper
Posted on: Sep 10 2021, 05:45 PM


Group: Member
Posts: 10,069

nothing holding MLT back .... now it will become part of SOL, then the pricing has moved in line with the acquirer and away from the sum of parts NTA.

Today it traded as high as $7.59 and closed at $7.44. A few days ago, the end of August NTA was $5.62.

And SOL is $38.92 which is an all time high, with a recent market update showing nearly all cylinders firing.
  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 05:34 PM


Group: Member
Posts: 10,069

Matthew Kidman (Livewire Markets) : The next one is not a surprise because it has been a remarkable story. In fact, I am reading a book about it at the moment called Buy Now Pay Later ... that is how special the company has been. Afterpay. It's unusual because it has got a takeover bid from Square and it is going to disappear from the Australian landscape. Do we hold onto it, or do we sell? Chris, lets go with you; Afterpay.

Chris Stott (1851 Markets) : Hold, Matthew. Nick and Anthony have done a terrific job since the IPO, and it is a tremendous achievement to secure the deal with Square. We would say people should hold, and then roll into the Square offer. Hold the Square shares if you can. We think certainly with them as a partner now that they have got significant capital firepower behind them to really drive their next level of growth over the medium to longer term. So hold.

Matthew Kidman (Livewire Markets): It is a big jump, James, to go with Square. Obviously, they have got a good payment system, they are very big in the US. But they like to trade around in Bitcoin as well, so it is an exotic company to join. Buy, hold or sell?

James Gerrish (Market Matters): I would be holding it if I held Afterpay at this point in time. Obviously, the next 12 months are going to be all about integration, so putting the Afterpay business into the Square ecosystem and trying to get a really strong level of growth coming out the other side. For my money at the moment, I would be a buyer of Zip Co (Z1P), in the buy now pay later space. I think that has got more upside in the short term.

But I think the other key thing in BNPL at the moment is the validation that we have seen from Square coming in, as well as Amazon doing a deal with Affirm. So, those two things have really validated the sector. So for me, it is here to stay, and I would be a holder of Afterpay, but a buyer of Zip.
  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 05:18 PM


Group: Member
Posts: 10,069

Matthew Kidman (Livewire Markets): Here is one that has been absolutely torched, and no wonder everyone is looking at it because it used to be a market darling. Chris, we will start with you. Appen: buy, hold or sell?

Chris Stott (1851 Capital) : Sell, Matthew. Its earnings were disappointing in the recent release. We think the guidance they provided for the full year is a bit of a stretch. It needs a huge second half to get there. The last few earnings results have been disappointing from this company, so we will sit on the sidelines and sell.

Matthew Kidman (Livewire Markets) : James, it was only a year and a half ago this was one of the market darlings. It was teaching computers how to understand voices around the world, it was selling to the big tech companies. Been a disaster since. Buy, hold or sell?

James Gerrish ( Market Matters): I am going to say sell on it as well. I agree with Chris. What the last 12 to 18 months have shown is the lack of visibility in earnings for this sort of business. Some technology businesses have really strong abilities to forecast. These guys do not, and that has come home to roost. So for me, Appen is a sell. Even though it is around the $10 dollar level. It's been whacked, but it is a sell.
  Forum: NZX

nipper
Posted on: Sep 10 2021, 04:47 PM


Group: Member
Posts: 10,069

now 45c. Been on a slide since listing at 90c in April.

not pretty ...

  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 02:21 PM


Group: Member
Posts: 10,069

and trading ... Day One started healthy

.
Opened at 24c but has dropped quickly to 21c after the initial flurry...
  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 02:20 PM


Group: Member
Posts: 10,069

and trading ... Day One started healthy

.
Opened at 25c but has dropped to 21c after the initial flurry...
  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 02:17 PM


Group: Member
Posts: 10,069

and trading ... Day One looking healthy

.
Opened at 34c and moved as far as 41c , now 39c
  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 02:04 PM


Group: Member
Posts: 10,069

Bulletin Resources Limited (BNR) was a gold development company, focused on joint venture interest in the Lake Rebecca Gold Project and the review of new explorations projects.

It was incorporated in June 2010 with the objective of identifying and acquiring high grade gold projects offering short to medium term production opportunities, as well as upside potential for further discoveries and resource expansion. It listed late 2010 at 20c a share but that was about as good as it got.....

A series of projects were coming in somewhat short, then September 2015, Bulletin Resources and its JV partner Pantoro Limited (PNR) became Australia's newest gold producer with first gold poured from the Nicolsons and half year production totalling 5,143 Oz. Not much, and the mine only had a 5 year life.

In 2016, a deal between BNR and PNR was finalised, with BNR shareholders getting an in specie distribution of 1 for 2 PNR shares.

By 2021, BNR received a royalty payment of $934 k for December quarter from Geko Gold Mine, and a drilling program at Lake Rebecca was started
And today, up 50% (to all of 10c) with a change of direction:
QUOTE
Multiple lithium targets have now been identified at the Ravensthorpe Lithium Project. Spodumene bearing pegmatite rock chips with up to 6.6% Li2O remain to be followed up at Deep Purple pegmatite. Float outcrop mapping in creeks supports the opportunity for further pegmatites beneath shallow cover....
  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 12:56 PM


Group: Member
Posts: 10,069

up 20% to 7c....... was 4 to 4.5c about two weeks ago.


No announcements of note
  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 12:39 PM


Group: Member
Posts: 10,069

Rhinomed shares are up 15 per cent to 44¢ this morning after it announced the Victorian government has ordered an initial 1 million Rhinoswabs to assist it with COVID 19 testing.

The Rhinoswab is a nasal test for COVID-19 that works in conjunction with PCR workflows.

It said the revenue associated with the order equals around 35 per cent to 45 per cent of financial 2021 revenues of $3.9 million.

  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 10:45 AM


Group: Member
Posts: 10,069

Prices for top quality Australian coking coal smashed through $US300 a tonne for the first time in five years, as a global shortage overwhelmed the Chinese government attempts to put a lid on the surge.

Coking coal is a crucial ingredient in steelmaking and the soaring prices come despite Chinese steel mill curtailments in the past two months, which have sparked a 41 per cent slump in the price of the other major ingredient in steel , iron ore.

The rally is good news for the Queensland government, which had forecast coking coal to average $US130 a tonne in the year to June 2022 and $US140 in the following year.

  Forum: Macro Factors

nipper
Posted on: Sep 10 2021, 10:33 AM


Group: Member
Posts: 10,069

Ai-Media Technologies Limited (AIM). listed on the ASX in September 2020, with the IPO priced at 1.23. The issue was oversubscribed. On first day of listing, opened at 1.49, then sold off all day to finish at 1.285.
On 06 July, 2021, it changed its name from Access Inovation Holdings Limited to Ai-Media Technologies Ltd

Founded in Sydney, Australia in 2003, Ai‑Media is a global media access provider, utilising its technology platform to make content available for all through live and recorded captioning, transcription, subtitles, translation and speech analytics services.

Ai‑Media has developed a cloud based captioning, transcription and translations platform that utilises a combination of artificial intelligence (AI), machine learning (ML) and human intelligence to convert speech to text and has established itself as a global technology business across its three business lines of Live Broadcast, Live Enterprise and Recorded content. Using a combination of machine and human curation provides levels of accuracy that are greater than machines alone. This level of accuracy is a requirement to service Ai‑Media's enterprise customers.

In 2020, the total addressable market was forecast to be US$11.8 billion, increasing to US$14.7 billion in 2022 at a CAGR of 7.4% between 2015 and 2022. The market is being driven by a range of factors, including the rapid increase in consumption of video content through online channels; the combination of globalisation and localisation; regulatory requirements that mandate equality of access to content for hard of hearing individuals; and increasing demand for the Ai‑Media services outside the media and entertainment industry, such as education, training and corporate events. More recently, COVID‑19 has driven remote working which has led to increased demand for live captioning of online meetings and webinars.

.but ; easy to blame Covid. Price fell below IPO level quickly and has been below $1.00 most of the time since November '20.

For all they talk about 'cloud based' and 'technology platform' jargon, essentially it looks like a content provider for live and recorded Captioning, Transcription, Subtitles, Translation and Speech Analytics
  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 09:58 AM


Group: Member
Posts: 10,069

On 16 October, 2018, Mustang Resources Limited (MUS) changed its name and ASX code to New Energy Minerals Limited (NXE).
QUOTE
plans for NXE going forward.....rinse and repeat by looks of things just IMHO Not sure there will be much left over for existing shareholders
too true
.
On 10 September, 2021, New Energy Minerals Limited (NXE) changed its name and ASX code to Goldoz Limited (G79).
  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 09:54 AM


Group: Member
Posts: 10,069

West Cobar Metals Limited (WC1) is a mineral exploration company with its projects located in and around the West Cobar district in New South Wales. It is seeking to fund its exploration for base metals (copper, lead and zinc) and gold located at its projects to define a base metals or gold deposit that can be profitably mined.

Since incorporation, the Company has acquired (via a share sale agreement) Bulla Park Metals Pty Ltd (Bulla Park), a base metals (copper, lead and zinc) and gold exploration entity with projects located in and around the West Cobar district. Bulla Park has identified four distinct projects at various stages of exploration comprising the Bulla Park Project, the Mount Jack Project, the Cawkers Well Project and the Nantilla Project within which:
  • ... the Bulla Park Project contains a new copper (+ silver) discovery with encouraging drill intersections;
  • ... the Mount Jack Project has copper-gold potential with strong geochemical and geophysical indications;
  • ... the Cawkers Well Project contains gold mineralisation in drilling; and
  • ... the Nantilla Project is a geophysical target for gold, copper and base metal mineralisation, (together, the Projects).
Following its IPO, the Company intends to use the funds raised to systematically explore its Projects. The Company has planned a proposed exploration program for the Bulla Park Project and Mount Jack Project and is defining its drill targets at the Cawkers Well Project and the Nantilla Project.

The Company will also implement a growth strategy by continuing to evaluate new project acquisition opportunities to maintain a pipeline of projects which complement the Company's existing focus.

Listing date ........ 01 October 2021 11:30AM AEST ##

Company contact details .... https://www.westcobarmetals.com.au/

Principal Activities ... Mineral exploration
Issue Price ... AUD 0.20
Issue Type ... Ordinary Fully Paid Shares
Security code ... WC1

Capital to be Raised ... $5,500,000
Expected offer close date ... 27 August 2021
Underwriter... Not underwritten. Xcel Capital Pty Ltd (Lead Manager)
  Forum: By Share Code

nipper
Posted on: Sep 10 2021, 09:45 AM


Group: Member
Posts: 10,069

OGI Group Ltd (OGI) was formerly known as Golden Gate Petroleum Ltd (GGP).

.
On 06 March, 2015, OGI Group Ltd (OGI) changed its name and ASX code to Mustang Resources Limited (MUS).
.
On 16 October, 2018, Mustang Resources Limited (MUS) changed its name and ASX code to New Energy Minerals Limited (NXE).
.
On 10 September, 2021, New Energy Minerals Limited (NXE) changed its name and ASX code to Goldoz Limited (G79).


.;;.... ways to lose money 1,2,3.
  Forum: By Share Code

nipper
Posted on: Sep 9 2021, 06:27 PM


Group: Member
Posts: 10,069

and of course, this is the (sad) reality with these things. .... ( I do not care, experience tells me to AVOID and definitely, absolutely, DO NOT CHASE )


.... from the AFR ... yet another Pump n Dump
QUOTE
Penny stock gold miner Australasian Gold Limited bolted higher shortly after the market opened on Thursday after members of two organised ASX pump and dump groups using the encrypted messaging app Telegram named it as a target.
The shares opened up 9.8 per cent at 28¢, before rallying to about 30¢ before being mentioned on the Telegram groups at 10.15am AEST. The pump signal created a surge to as high as 47¢ minutes after. The stock's peak equalled an 84 per cent gain.

According to market data, a total of 356 trades for 2.32 million shares worth almost $1 million were placed before the ASX intervened and put the shares into a trading halt at 10.20am.

The Telegram groups named ASX Pump and Dump Channel and ASX Pump and Dump Group boast about 1600 members and regularly post messages referencing other penny stocks or sharemarket chat forums.

Messages to the group chats in the days before the pump signal signalled the morning of September 9 as the target date for an organised pump of a penny stock, which preferably had a price-sensitive announcement to evade a quick trading halt from suspicious regulators.

The same messages also advised that a company with a low number of shares on issue and relatively large amount held by top-20 shareholders was likely to be targeted.

The messages encouraged potential pump group members to always use a market, rather than limit order, to allow the price to rise. Targeting less liquid stocks and encouraging the use of market price orders allows more room for artificial buying pressure to increase the price.

Organised manipulators of stock or cryptocurrency prices will generally accumulate shares in the pump target in the days before the pump itself, with the aim of selling into a pre-planned dump known by its "rugging" slang term.

One minute after Australasian Gold Limited was revealed as the pump target, a Telegram app user posted a screenshot from popular sharemarket message board HotCopper, where a September 8 user post also advocated to hold shares in the miner.

Other posters to the Telegram message channels complained that the stock had already climbed before the pump being revealed.

On September 6, Australasian Gold announced to the market that it acquired the title to the Capella gold project in exchange for the issue of 500,000 shares to its vendor.

The Corporations Act s1041a contains provisions against market manipulation including creating an artificial price for trading in financial products. However, dishonest or deceptive conduct is also prohibited.

However, there is little previous case law on organised pump-and-dump messaging groups, which means their treatment under the law is a grey area.

https://www.afr.com/markets/equity-markets/telegram-groups-pump-asx-gold-miner-84pc-20210909-p58q55
  Forum: By Share Code

nipper
Posted on: Sep 9 2021, 06:22 PM


Group: Member
Posts: 10,069

Superloop founder and chairman Bevan Slattery has resigned, effective from November 2, and the company will replace him with former Amaysim boss Peter O'Connell. Superloop chief executive Paul Tyler said the entrepreneur had thought about leaving to pursue other ventures for some time, and with the company breaking even on a cash flow basis in the 2021 financial year he reckoned there was now enough momentum behind the business to safely head for the exit.

QUOTE
It really doesn't need his personal involvement now. He is staying in the stock. He is not selling his shares ... it's just that he has other things he wants to put his personal attention to and the time is right, Mr Tyler said.

Mr Slattery owns just under 18 per cent of Superloop worth $66 million, and his exit marks the end of a leadership transition that began with Mr Tyler's appointment as CEO a year ago
QUOTE
The business is in a fundamentally different shape than what it was even as recently as a year ago, Mr Tyler said. The build phase is largely completed, and we are seeing strong organic growth in our segments.
  Forum: By Share Code

nipper
Posted on: Sep 9 2021, 04:12 PM


Group: Member
Posts: 10,069

Security Code: A8G
Pause in Trading Trading in the securities of the entity will be temporarily paused pending a further announcement....

which we would hope is material, and not a capital raise, not so soon...

after listing at 20c, A8G was well below that level until the end of August.

Since then there have been a few announcement, drilling at May Queen, transfer of tenement at Capella ( gold field at Capella, near Clermont, QLD) and now Mt Peake in NT.....
QUOTE
... applied for an exploration license in the Anningie pegmatite province (ELA32830). ELA32830 is located in Mt Peake area of the Anningie Tin /Tantalum /Pegmatite fields in the north Arunta Region of the NT. The area is considered highly prospective for hard rock lithium mineralization. ELA32830 covers over 640km2 and shares a boundary with Core Lithium Limited's (ASX:CXO) Anningie lithium project.

now 28c ... after running as far as 47c during the day

  Forum: By Share Code

nipper
Posted on: Sep 9 2021, 01:51 PM


Group: Member
Posts: 10,069

and up, from 2.2c in early July, to 5.2c .... mainly on the Greenland play
QUOTE
• 750m of historical diamond drill core from Gronnedal lka carbonatite area identified.

• The diamond drill core had not been systemically assayed for REE mineralisation.

Total rare earth (TREE) of up to 34,400 ppm are recorded from grab samples collected at Gronnedal lka carbonatite deposit (ASX release 2/3/2021).

• Europium has been recognised throughout the carbonatite intrusion at several times greater concentration than average for rocks elsewhere. In short supply worldwide.

• Extensive faulting and fracturing associated with the intruding carbonatite are considered to have mobilised highly mineralised fluids extending into the surrounding rocks which has implications for further REE enrichment during alteration processes.

• The Gronnedal lka carbonatite contains the only known readily accessible source of carbonate rock in Greenland which could be suitable for neutralising acid mine and process water.

• Strong correlation between the REE mineralisation identified within olivine dolorite dyke and the magnetic zones.
  Forum: By Share Code

nipper
Posted on: Sep 9 2021, 09:24 AM


Group: Member
Posts: 10,069

SOL are talking to investors about a potential spin out of Round Oak Minerals (formerly known as Copper Chem on the SOL books)
QUOTE
Round Oak has as its flagship asset the Jaguar zinc, copper, silver and gold mine in WA , previously owned by IGO Limited, and it also has two old mines located in the copper district between the Queensland towns of Mt Isa and Cloncurry.

Round Oak also has a sizeable package of exploration acreage south of Cloncurry, meaning it will likely be a close neighbour of AIC Mines.

A longer term growth option is the Stockman deposit in the Victorian high country near Omeo. Soul Patts paid IGO Ltd $32.2 million for Stockman in June 2017 on the promise it would pay IGO up to a further $15 million based on production royalties.

It would be likely if Round Oak became an ASX listed company that have WHSP would remain as a large shareholder.
  Forum: By Share Code

nipper
Posted on: Sep 9 2021, 08:57 AM


Group: Member
Posts: 10,069

12c in Feb was it, then back down, bottoming out at 4c until late last month. Showing signs of life

26 August: MGC Pharma executes binding US$24 million supply and distribution agreement for first product launch into the USA
02 September: CimetrATM import approval granted in India for Emergency Use Authorisation registration


  Forum: By Share Code

nipper
Posted on: Sep 9 2021, 08:50 AM


Group: Member
Posts: 10,069

Kincora Group Limited (KGL) is a wholly owned subsidiary of ASX and TSX listed Kincora Copper Limited (ASX:KCC).

KGL, through its wholly owned Mongolian subsidiaries Nadmin Ibex LLC and Golden Grouse Ibex LLC, holds approximately 321 km² of Tenements in the highly prospective Eastern Central Asian Fold Belt of Mongolia, comprising two Exploration Licences and one Mining Licence with a pipeline of advanced, some drill ready, and earlier stage gold and copper-gold prospects.

Resilience Mining Mongolia Limited (ASX code RM1) is an Australian public company which has entered into a conditional acquisition and joint venture agreement to acquire 80% of all the issued share capital in Kincora Group Limited (KGL).

In addition, via the Acquisition, Resilience gains access to an extensive proprietary project generation database of further prospects, ownership of the infrastructure and equipment associated with the White Pearl South Gobi exploration camp together with the existing Mongolian exploration and administrative infrastructure and technical team, including two senior Mongolian geologists, providing Resilience with immediate on the ground exploration and operational capability.

It is anticipated that RM1 will list on the ASX during September 2021.
  Forum: By Share Code

nipper
Posted on: Sep 9 2021, 07:42 AM


Group: Member
Posts: 10,069

ASX futures down 35 points or 0.5 per cent to 7478 near 7am AEST
  • AUD -0.2% to 73.68 US cents
  • Bitcoin on bitstamp.net -0.2% to $US46,247.93
  • On Wall St: Dow -0.2% ; S&P 500 -0.1% ; Nasdaq -0.6%
  • In New York: BHP -1.5% ; Rio -1.4% ; Atlassian +0.02%
  • In Europe: Stoxx 50 -1.1% ; FTSE -0.8% ; CAC -0.9% ; DAX -1.5%
  • Spot gold ; down 0.1% to $US1792.63/oz
  • Brent crude +1.3% to $US72.61 a barrel
  • US oil +1.3% to $US69.21 a barrel
  • Iron ore ; down 4.2% to $US132.19 a tonne
  • 2 year yield: US 0.22% ; Australia 0.00%
  • 5 year yield: US 0.81% ; Australia 0.68%
  • 10year yield: US 1.34% ; Australia 1.29% ; Germany -0.33%
  Forum: Investment Discussion

nipper
Posted on: Sep 8 2021, 09:05 PM


Group: Member
Posts: 10,069

The Mount Ridley project was not originally pegged for its rare earths potential. It was identified for nickel and copper sulphides and the company had started looking for opportunities that would allow it to gain exposure to clean energy and green economy space, company secretary Peter Christie told Stockhead.

As luck would have it, one of the company consultants indicated to the company that the project had the hallmarks of hosting rare earths.
QUOTE
It was a very simple process for us to rerun some samples and the results of those samples which confirmed the presence of significant rare earths, he noted.


Looking ahead, the company is waiting for the re assay results for the remaining 160 samples.
QUOTE
We have a geochemist who will help us map the profiles, understand what rocks we are in and understand where we are in the clay profile.

And then we will also kick off the metallurgy and once we do that, we are going to see which of the elements are going to come out easily and which are harder. Then we can tailor our exploration process accordingly."

https://stockhead.com.au/resources/ionic-cl...Fwww.google.com
  Forum: By Share Code

nipper
Posted on: Sep 8 2021, 08:57 PM


Group: Member
Posts: 10,069

Mount Ridley Mines Limited (MRD) is a Perth based Australian Exploration Company actively targeting nickel and copper sulphide deposits in the Albany Fraser Range region of Western Australia, 70kms north east of a major port in Esperance.

As a $20 million company, it has been plugging away at exploration for a while; and now on the REE bandwagon, and ionic clay REE at that.

It came out with this Announcement over a month ago, but had little impact on the market:
Mount Ridley Mines Ltd is pleased to provide the following update on its 100% owned Mount Ridley Project.

HIGHLIGHTS

• Laterally extensive rare earth element (REE) deposits identified at 100% owned Mount Ridley Project, located from 35 km northeast of the port of Esperance, Western Australia. Model is ionic adsorption clay.
• Re-assay of 950 air core samples (162 pending) returned significant REE values over an apparent strike in excess of 25 km with over 20 samples returning >1,000 ppm TREO. Mineralisation remains open in all directions with a peak value so far at the Keiths Prospect from MRAC0711 with 10,461ppm (1.05%) from 23m downhole.
  Forum: By Share Code

nipper
Posted on: Sep 8 2021, 08:42 PM


Group: Member
Posts: 10,069

Pure Foods Tasmania Limited (PFT) commenced trading on the ASX on 30 April 2020 after successfully completing its Public Offer raising $3.5 million. The company has completed its change of name from Bunji Corporation Limited.

QUOTE
MD Michael Cooper said the group was eyeing long term organic growth along with potential acquisitions. He said he will not be checking the share price every day. I am not the sort of guy who will be looking at a screen all the time. I'll be looking at the screen in a year's time, he said.

He said Pure Foods Tasmania was in a good position to make bolt on acquisitions and then extract synergies. The opportunities are on the other side of the fence.

The economic fallout from the coronavirus pandemic would weaken some competitors, and elevate the number of potential acquisition targets. I think we are in the right space.


and 18 months later, got lots of little Tasmanian companies under the umbrella, .... but. It is still a small scale op.

▪ FY21 sales revenue of $8.2 million up 94% vs FY20 (including revenue from acquisitions) with all divisions delivering positive revenue growth
▪ Woodbridge Smokehouse increased sales by 90% v FY20
▪ Strong growth in ecommerce sales, up 332% vs FY20
▪ Active growth in stockists from 300 in FY20 to 2000 in FY21
▪ Positive EBITDA for all five business entities
▪ Group EBITDA for FY21 of ($461,150) vs FY20 $41,009
▪ Investment of over $400k in marketing, brand and new product development to drive further growth in FY22
▪ $2.3 million invested in the acquisitions of Daly Potato, Lauds Plant Based Foods and The Cashew Creamery
▪ $3.5 million invested in plant & equipment to underpin growth
▪ Group continues to remain well funded with a Net cash position of $1.6 million as at 30 June 2021 and a further $1.235 million in undrawn debt facilities
  Forum: By Share Code

nipper
Posted on: Sep 8 2021, 08:10 PM


Group: Member
Posts: 10,069

QUOTE
[cap raise at $2.35] was about the highest the SP got to; now $2.12

just had another cap raise; A$16.5 million via an institutional placement at A$1.00 + another $1M in SPP ... shares have moved up from [an all time low of] $1.04 to $1.30 today
  Forum: By Share Code

nipper
Posted on: Sep 8 2021, 07:52 PM


Group: Member
Posts: 10,069

Kyckr is a B2B information services company that aggregates, organises and structures the world's primary source company data to help businesses reduce the risks associated with counterparty relationships. Unlike traditional data companies which source data from multiple, secondary sources, Kyckr provides accurate data with trusted, legally authoritative provenance. This helps organisations to avoid the significant regulatory and commercial costs associated with using poor quality data. Through the combination of accurate data with innovative technology, Kyckr's solutions help businesses to succeed in the fight against fraud, money laundering and financial crime.

QUOTE
FY21 results show the completion of our transformation journey from a transactional, documents business to a digital information services business

Capital raise completed/committed to $5.8M via two placements and share purchase plan at 4.0c to support business acceleration plans

.
SP around 4.5c
  Forum: By Share Code

nipper
Posted on: Sep 8 2021, 03:18 PM


Group: Member
Posts: 10,069

QUOTE
Macquarie expects half year profit to nearly double as market conditions remain favourable for the Australian investment bank.

Although Macquarie warned investors that its results for the six months through September will be slightly down compared to the $2 billion profit booked for the half year ending March, it means earnings for the six months through September this year will probably be significantly higher than the $985 million it recorded for the same period in 2020.

While the relatively benign market conditions pale in comparison to the volatility the company profited from in late 2020 and earlier this year, Macquarie is enjoying a strong flow of big transactions and market activity.

and up $10 to $182 on the news; now slipping a little from that all time high, holding an 8% gain to $179
  Forum: By Share Code

nipper
Posted on: Sep 8 2021, 02:51 PM


Group: Member
Posts: 10,069

Warren Buffett's favourite market indicator has surged to a record high of 142 per cent, signalling US and international shares are heavily overpriced and could plummet in the months ahead.

The global version of the Buffett indicator takes the combined market capitalisation of the world's publicly traded shares and divides it by global gross domestic product. A reading above 100 per cent indicates the global stock market is overvalued relative to the world economy.
QUOTE
BOOM! Global stocks have gained another $US1.6 trillion [$2 trillion] in market capitalisation this week, an analyst tweeted on Sunday. Equities now worth $US120.3 trillion, highest in history. Global stock market cap now equal to 142 per cent of world GDP, an alltime high as well, he added.
  Forum: Investment Discussion

nipper
Posted on: Sep 8 2021, 12:13 PM


Group: Member
Posts: 10,069

Fenix Resources Ltd (FEX), formerly Emergent Resources Limited, is a resource exploration company ; it held 80% interest in the iron ore rights to the Beyondie Project in Western Australia. .... FEX planned to dispose of or relinquish its interest in the Beyondie Project and has been focused on assessing and evaluating new project opportunities.


High Grade Iron Ore Project in the Midwest
• Fenix acquired the right to 100% of the project in May 2018 and completed the transaction in November 2018.
• Commenced a maiden drill campaign in November 2018, further drilling took place in June/July 2019 and an updated mineral resource estimate was generated in August 2019 .
The Feasibility Study revealed a high grade and high quality Project that provides strong returns over a moderate mine life....


and by 2021:

Fenix ships 281,000t at average operating margin of A$127/t
Net cash of A$69m at 30 June 2021, representing net cash backing of 14.6c a share

Five shipments of iron ore from the Iron Ridge Project in WA sold during the June Quarter, consisting of 129,331 wet metric tonnes (wmt) of lump and 151,456 wmt of fines
• Review of Fenix tax position, price protection and capital management policies completed, the outcome to form the basis of the hedging and dividend policies under formulation. .
Average price received was US$185.20 per dry metric tonne (dmt) FOB, which is equivalent to US$215.60 per dmt CFR. This represents a premium on the IODEX 62% Fe price of approximately 8%, equivalent to US$16/dmt
• 154,061 wmt of fines and 154,086 wmt of lump hauled from Iron Ridge to the Port of Geraldton in the June Quarter
Operating cash flow of A$45.1m for the period
• C1 FOB cash costs for the quarter were A$85.30 per wmt shipped and A$88.81 per wmt project to date (including the ramp up period)
• Haulage rates are increasing, with 114,196t trucked in the month of June (3,806 tpd vs objective 4,000tpd)
• Review of Fenix tax position, price protection and capital management policies completed, the outcome to form the basis of the hedging and dividend policies under formulation. .
  Forum: By Share Code

nipper
Posted on: Sep 8 2021, 11:54 AM


Group: Member
Posts: 10,069

On 24 September, 2018, Emergent Resources Limited (EMG) changed its name and ASX code to Fenix Resources Limited (FEX).
  Forum: By Share Code

nipper
Posted on: Sep 8 2021, 10:04 AM


Group: Member
Posts: 10,069

Mitre Mining Corporation (MMC) was incorporated on 2 November 2020 in New South Wales as a gold and base metals exploration company. The Company was established to become an exploration and development company focused on gold and base metal exploration in Australia. The Company's first project is EL9146 in the eastern Lachlan Fold Belt near Batemans Bay on the New South Wales southern coast.

The Company believes that the lack of any modern exploration work within the Project, combined with the proximal location of the tenement to small historical gold occurrences within the surrounding highly prospective eastern Lachlan Gold Belt (which is known to host multiple orogenic gold, epigenetic gold, volcanic associated massive sulphide and porphyry copper gold deposits) presents a unique strategic opportunity to apply modern exploration techniques to a historically unexplored area within a region of historical gold production.

While the Project is located nearby small historical gold occurrences within the highly prospective eastern Lachlan Gold Belt (which is known to host multiple orogenic gold, epigenetic gold, volcanic associated massive sulphide and porphyry copper gold deposits), no historical gold occurrences have been recorded on the Tenement and the Tenement has no reported exploration targets, mineral resources or ore reserves.


Listing date....30 September 2021 11:30AM AEST ##

Company contact details .... https://www.mitremining.com.au/
Principal Activities .... Exploration and Mining

Issue Price ... AUD 0.20
Issue Type ... Ordinary Fully Paid Shares
Security code ... MMC
Capital to be Raised ... $5,000,000

Expected offer close date ... 10 September 2021
Underwriter... Not underwritten. Westar Capital Limited (Lead Manager)
  Forum: By Share Code

nipper
Posted on: Sep 8 2021, 09:58 AM


Group: Member
Posts: 10,069

Why I like Mirrabooka ... Take #2

LICs announce Monthly net tangible asset (NTA) backing per share and top 20 investments within a few days of the end of each month . We have just come out of reporting season, and most companies have been analysed. This month, the numbers are quite interesting:

Of the bigger LICs, with more assets under management and that focus on Large caps: AFI went from $7.61 to $7.71 and ARG went from $9.12 to $9.27
for the period 31 Jul to 31 Aug. Of course, there are ex dividend reductions applying but, on raw numbers, the NTAs for AFI and ARG went up less than 2%.

Over the same interval, the NTA for small cap MIR went from $3.47 to $3.77 which was more than 8% lift in the month.
  Forum: By Share Code

nipper
Posted on: Sep 7 2021, 08:38 PM


Group: Member
Posts: 10,069

Had a look at the AFI nursery for international shares. (p87 of Annual report)

39 holdings at 30 Jun... nearly everything between $1 to 2 million . Total A$47,607,493

Accenture 1,083,742 ; Aena 1,090,771 ; Alibaba 1,718,828 ; Alphabet ; 2,088,086 ; Amazon 1,599,223 ; Apple 873,475 ;
Chipotle 1,474,453 ; Cintas 1,014,587 ; Costco 837,705 ; Crown Castle 1,098,211 ; Estée Lauder 866,849 ; Facebook 1,645,572 ; Ferguson 1,175,600 ; Fortinet 1,301,442 ; HCA Healthcare 1,517,619 ; Home Depot 1,171,063 ; Intercontinental 1,228,831 ; L'Oréal 468,960 ; LVMH Moët 1,295,304 ;
Marriott 1,139,409 ; Mastercard 691,032 ; McDonald's 1,288,564 ; Microsoft 2,549,695 ;
Nestlé 1,523,491 ; Netflix 1,587,980 ; Nextera 572,092 ; Nike 1,601,792 ; Novo Nordisk 963,641 ;
Paypal 1,209,787 ; PepsiCo 1,050,547 ; Roche 1,401,333 ; S&P Global 1,398,510 ; Schneider 1,158,349 ; Sonova 909,667 ; Starbucks 1,280,500 ;
Techtronic 739,133 ; Thermo Fisher 1,131,564 ; Unilever 782,159 ; Visa 1,077,928
  Forum: By Share Code

nipper
Posted on: Sep 7 2021, 08:24 PM


Group: Member
Posts: 10,069

and another 20% to 68c (as high as 80c in the day) ...
Thick pegmatites intersected Reung Kiet Lithium Prospect, Thailand

wow!
(Pegmatites are unusually coarse-grained crystalline igneous rocks, usually of granitic composition and characterized by interlocking crystals several centimeters up to tens of meters in length.) rare as rocking horse droppings, not.
  Forum: By Share Code

nipper
Posted on: Sep 7 2021, 11:48 AM


Group: Member
Posts: 10,069

and, as is often the case, the enthusiasm is followed by a trading halt, to bring about a Capital Raising :
QUOTE
Less than a year after listing, local telco Aussie Broadband is raising $120 million to accelerate product development and support new opportunities.

The raising will take the form of a $110 million placement to institutional investors and a $10 million share purchase plan.

Priced at $4.00 per share, it comes at a 13.6 per cent discount to its last closing price.... .



On Monday ABB announced a 10year deal (with two extension options) with Victorian Rail Track, to swap access to their respective fibre networks. The swap significantly increased the reach of the Aussie Broadband network in Victoria.

The company is also in the process of deploying a 1200 kilometre dark fibre network connecting into 78 of the National Broadband Network points of interconnect. This is expected to be completed in the 2022 financial year. This network is expected to generate $15 million of earnings before interest, tax, depreciation and amortisation improvement from the 2023 financial year.
  Forum: By Share Code

nipper
Posted on: Sep 7 2021, 11:41 AM


Group: Member
Posts: 10,069

another minnow hopeful on the boards .... MM1 listed today.
.

Opened at 25c, up to 29c in the first minute when there is volume, but quickly settled, and down, now around 23c to 24c
  Forum: By Share Code

nipper
Posted on: Sep 7 2021, 11:20 AM


Group: Member
Posts: 10,069

the new acquisition may be delivering .... HWH now 15c
Fully funded clinical trial ..... Houston We Have announces funding by global leader in replacement heart valves Edwards Lifesciences (NYSE:EW $US74 billion Mkt Cap) for clinical trial of ECHOiQ technology

Pioneering study ... Trial to be conducted in partnership with the National Echo Database of Australia (NEDA) to confirm the performance of ECHOiQ’s Enhanced Screening Program in detecting at-risk patients with severe aortic stenosis

Appointment of regulatory consultants ... The company has appointed expert MedTech regulatory consultants as it commences process for FDA approval of clinical applications of its technology

Patent Pending ... Applications for patents in several key markets are being pursued for ECHOiQ’s AI technology


  Forum: By Share Code

nipper
Posted on: Sep 7 2021, 10:58 AM


Group: Member
Posts: 10,069

Highlights for FY21 :

• $41.8M revenue, a 206% increase (FY20: $13.6M)
• $1.75M net profit after tax, a 73.6% increase (FY20: $1.0M)
• Net assets of $7.66M, turnaround from FY20 net liabilities of $3.9M
• Number 1 marketplace seller on Amazon Australia since July 2020
• Major growth on eBay Australia with $1M monthly sales achieved in June 2021

QUOTE
The 206% increase in revenue can be partially attributed to growth in the online sector. Harris Technology had already begun a pivot to become a pure play online retailer prior to the COVID 19 pandemic. This ensured the company was able to move with agility and respond quickly to consumer trends which saw new revenue streams from its personal protective equipment (PPE) range at the start of the reporting period. Expansion into the Gaming category also assisted revenue growth as gaming emerged as one of the most popular forms of entertainment during lockdowns.

  Forum: By Share Code

nipper
Posted on: Sep 7 2021, 09:51 AM


Group: Member
Posts: 10,069

this is interesting ... a convergence of technologies
QUOTE
De.mem Presents Next Generation Membrane Technology
 De.mem launches new, proprietary graphene oxide enhanced membrane technology
 The new technology provides significant customer benefits including increased throughput and therefore, reduced operating cost, and superior filtration performance
 The new Intellectual Property complements our existing membrane technology portfolio and further positions De.mem as a leader in hollow fibre membrane technology and development

De.mem’s existing technology portfolio comprises three wholly owned, royalty free product families (categories), complemented by additional IP exclusively licenced from world leading research institute, Nanyang Technological University, Singapore. NTU was ranked no. 2 globally in membrane research technology by Lux Research (2013).

De.mem’s wholly‐owned product families / categories are:
1. De.mem’s hollow fibre nanofiltration membrane, which, based on its minimized pore size in the nanometer range, produces high quality treated water in a simple, low‐pressure and low‐energy consumption process;
2. De.mem’s ultrafiltration membrane, an established water treatment process deployed for potable water generation to industrial waste water treatment applications as well as for Reverse Osmosis (i.e. seawater desalination) pretreatment;
3. De.mem’s new GO‐enhanced membrane.
  Forum: By Share Code

nipper
Posted on: Sep 6 2021, 01:49 PM


Group: Member
Posts: 10,069

QUOTE
and retreated since the August kick (as they often do).... 8c to 26c and back to 14c
and, one year later, having another go
...... got to 7c, but for the last two weeks ID8 has been on a tear, now 25c. Was it the FY21 Report that provided the impetus?

Citibank and Identitii intend to enter 5 year Master Services Agreement
Citibank to licence Overlay+ to streamline reporting, initially in Australia
Parties intend to commence with a live pilot later in 2021
Agreement follows Identitii win in Citi FinTech accelerator

Patent and Intellectual Property Update.... Identitii is progressing Its phased growth strategy

Highlights:
● Identitii filed patent applications in several global jurisdictions in August 2015. It was approved in the United States in December 2020, then granted in April 2021, and the Company recently filed additional claims in August 2021
● Identitii's unique Intellectual Property (IP) offering leverages global demand for systems that capture faster, complete, accurate and detailed transaction information
● Identitii has built the foundations for its global ecosystem for financial information, developing a platform that ingests, transforms and securely shares payment data
● The Identitii growth strategy is multi faceted, centred around commercialisation and expansion of Its platform, then leveraging the patent to create Its own ecosystem
  Forum: By Share Code

nipper
Posted on: Sep 6 2021, 11:42 AM


Group: Member
Posts: 10,069

and coming out of the TH, the market action this morning takes PAM higher by 30%
  Forum: By Share Code

nipper
Posted on: Sep 6 2021, 11:23 AM


Group: Member
Posts: 10,069

One of the bigger floats for the year has successfully started trading today. HCW opened at $2.20 and is holding above that level ... so a pleasing 10% stag.
  Forum: By Share Code

nipper
Posted on: Sep 6 2021, 10:59 AM


Group: Member
Posts: 10,069

API may say the WES bid is opportunistic but, after that initial flurry above the $1.38 level, the API price has been below the offer level for nearly two weeks. It is now $1.32.

With the 19% SOL holding locked in to vote for the bid, and no other offers emerging, it is probably only a matter of time. And one thing WES has is patience.
  Forum: By Share Code

nipper
Posted on: Sep 6 2021, 09:06 AM


Group: Member
Posts: 10,069

Consistent with its function as an investment vehicle, key drivers of WHSP success are growth in the capital value of the portfolio and a growing yield. While WHSP does not consider its earnings to be a key indicator of Company performance there are a range of factors that have had a material impact on the Group Consolidated Regular NPAT in FY21, notably the following:

New Hope disclosed in its 31 July 2021 Quarterly Report that they expect an EBITDA of $372m for FY2021, primarily as a result of thermal coal prices currently being at a 10-year high. This result is unaudited. New Hope is expected to release its full year results on 21 September 2021.
▪ Pursuant to a trading update from Brickworks on 09 June 2021, the company highlighted that it expects record earnings from its property division, driven by the continued increase in the value of its property trust. The company is due to report their full year results on 23 September 2021.
Round Oak, a base metal mining company, is a wholly owned subsidiary of WHSP. Round Oak expects a Regular NPAT for FY2021 in the range of $64 to $68 million. This is a significant improvement on the FY2020 Regular NPAT loss of $43 million as commodity prices (primarily zinc and copper) have improved and the company moved from development into production at a number of its mines.

As a result, WHSP currently expects the Group Consolidated FY21 Regular NPAT to be in the range of $316 million to $336 million (FY20: $170 million). The higher earnings contributions from New Hope, Brickworks and Round Oak will be partly offset by a reduced contribution from TPG. Following the merger of TPG and Vodafone in July 2020, WHSP no longer equity accounts its share of the TPG NPAT. WHSP received only one dividend from TPG amounting to $18m in FY21 (compared to the equity accounted profit of $72m in FY20).
  Forum: By Share Code

nipper
Posted on: Sep 5 2021, 04:52 PM


Group: Member
Posts: 10,069

Magnolia Capital Group has come on board as a cornerstone investor in telecommunications software provider ActivePort and its initial public offering, which has already exceeded its $10 million minimum capital raise. The company, which provides SD-WAN orchestration software to telecommunications companies, internet service providers and systems integrators, is now targeting $15 million, with the raise priced at 20¢ per share.

At the maximum raise, the market capitalisation of ActivePort will be $52 million.

The lead managers ... have been emphasising ActivePorts similarities to Megaport, which has a market capitalisation of $2.6 billion, having had an almost 600 per cent share price jump in the last five years.

The white label cloud connectivity provider is run by telco veteran Karim Nejaim, who was most recently head of product engineering at Telstra.

Its software is used by customers to manage all aspects of their global data networks on one screen. This covers transit carriers such as Megaport, the big cloud providers and also telco networks. It has customers across South America, Southeast and Central Asia.
QUOTE
We are strong supporters of its unique single pane orchestration tool that matches the worlds best SD WAN providers during a time when efficiency and choice is at the forefront of individuals minds, Magnolia Capital chief investment officer Mitchell Atkins said.
  Forum: By Share Code

nipper
Posted on: Sep 5 2021, 03:36 PM


Group: Member
Posts: 10,069

Activeport Group Ltd (ATV) is gearing up for a late September 2021 IPO.

White label software for Telcos, ISPs and System Integrators:
Simply better SD WAN 2.0 and whole network orchestration from an Australian software company. Telcos and system integrators can add their choice of low cost hardware, brand the SD WAN as their own, and sell a more affordable solution.

Listing date ....... 27 September 2021 11:30AM AEST ##
Contact details .... https://www.activeport.com.au/
Principal Activities ... Computer Services

Issue Price ...... AUD 0.20
Issue Type ....... Ordinary Fully Paid Shares
Security code .... ATV

Capital to be Raised ...... $15,000,000
Expected offer close date ... 06 September 2021
Underwriter... Not underwritten. Bridge Street Capital Partners Pty Ltd (Lead Manager)
  Forum: By Share Code

nipper
Posted on: Sep 5 2021, 10:58 AM


Group: Member
Posts: 10,069

Matthew Kidman (Livewire Markets ) : Is it a bubble? Or is it for real? Redbubble, it has designs for everything you want: cups, Tshirts, school cases. James, we will go with you. Buy, hold or sell?

James Gerrish (Market Matters ): I think it is a buy here, Matthew. The marketplace seems to be working. So, it is working because it is getting more customers on it and that is attracting more merchants, which gives more variety and that is leading to more multiple purchases. So, after a tough FY21, I think FY22 looks better. So, it is a buy.

Matthew Kidman (Livewire Markets ) : Chris, it has been a volatile relationship between Redbubble and the market. They are in love. Then they are out of love. They are in love, out of love. Guess what? They have fallen back in love. Buy, hold or sell?

Chris Stott (1851 Capital ) : Sell. 79 times PE is too expensive for us. We think there is better value elsewhere. They missed their earnings more recently and the guidance underwhelmed to an extent being a reinvestment year on the cost side of things. So, it is a sell for us.
  Forum: By Share Code

nipper
Posted on: Sep 5 2021, 10:53 AM


Group: Member
Posts: 10,069

Redbubble Limited (RBL) listed on the ASX in early 2016 and now has a market cap over $1billion. The company operates global online marketplace connecting independent artists with customers:
  • ... a global community of independent artists and designers looking to showcase and sell their work;
  • ... consumers seeking distinctive designs and creative works across a range of quality products including apparel, accessories, homewares, and other lifestyle categories; and
  • ... third party fulfillers utilising leading edge capabilities to produce the products after they have been ordered by the Customer in a print on demand model and then arranging for their delivery to the Customer.

These marketplaces facilitate the sale and purchase of art and designs on a range of products between independent creatives and consumers. The products are produced and shipped by third party service providers. Every product on the various RB Group marketplaces is printed on demand (i.e. made one at a time). The product does not exist unless and until the customer orders it, which means less waste.
  Forum: By Share Code

nipper
Posted on: Sep 5 2021, 10:41 AM


Group: Member
Posts: 10,069

Matthew Kidman (Livewire Markets) : Okay. Woo hoo. The best report of the whole season, up 55 per cent before it fell back a bit. WiseTech, software and logistics around the globe. Chris, buy, hold or sell?

Chris Stott (1851 Capital) : Sell. The stock has run too hard. It is expensive on all metrics, Matthew. Again, you say it was one of the standout results for reporting season, but I think there will be a heavy component of short covering in this name in the shorter term. So again, I would look to buy it at lower prices.

Matthew Kidman (Livewire Markets) : James, the margins went bang. Can you push back on Chris and give it a buy, hold or sell?

James Gerrish (Market Matters): I will keep it as a hold, Matt. FY21 was great and the guidance for FY22 is really strong. Organic growth rates are really ramping up, but that is all captured in the price at around $48. So, it is a hold for me.

  Forum: By Share Code

nipper
Posted on: Sep 5 2021, 10:34 AM


Group: Member
Posts: 10,069

Matthew Kidman (Livewire Markets ) : I will start with you, James. Nanosonics. It struggled through last year. This year, bang, everyone did not expect it. It was up more than 15 per cent on day one. Buy, hold or sell?

James Gerrish (Market Matters) : It is a hold for me, Matt. I think that was the key to the result ... the expectations were low. So, obviously FY21 was a difficult year. It is hard to get into hospitals to sell things and install things. But I think the revenue is delayed rather than lost. So, it is a hold for me, but a buy at lower levels.

Matthew Kidman (Livewire Markets) : Chris, it shot out of the gates, had that big surprise. It has come back a little bit. It is a great growth story in the long term. Buy, hold or sell on Nanosonics?

Chris Stott (1851 Capital) : Hold. The stock has run too hard on short covering on the back of the result and a new product announcement, which people have been waiting a couple of years for. So again, with James, I would look to buy it at lower levels.
  Forum: By Share Code

nipper
Posted on: Sep 5 2021, 10:29 AM


Group: Member
Posts: 10,069

Matthew Kidman (Livewire Markets) : One of the big stories of the reporting season was cost inflation, especially for the mining sector and mining services. Monadelphous got whacked right between the eyes. Buy, hold or sell, James?

James Gerrish (Market Matters): It is a hold here. And we do hold this stock. I was disappointed with the result. Strong top line but weak profit. And that was not the case throughout mining services. There were some that had that influence and some that did not. So, I am a hold here on those cost pressures. We need to see some more evidence that they have started to dissipate.

Matthew Kidman (Livewire Markets) : Chris, it was surprising in the sense that commodity prices are strong everywhere. So, you would have thought mining services companies do well. But the border lockdowns and people movement restrictions really hit Monadelphous. Buy, hold or sell?

Chris Stott (1851 Capital): Hold, Matthew. Cost pressures are not going away any time soon. They delivered a below par result versus expectations in the last few weeks. But I am reluctant to put a sell on it given the management team are probably one of the best management teams in the business in that mining services space. So hold for now.
  Forum: By Share Code

nipper
Posted on: Sep 4 2021, 07:13 PM


Group: Member
Posts: 10,069

QUOTE
While in detention, Mr Chansley underwent mental examinations and was diagnosed by prison officials with transient schizophrenia, bipolar disorder, depression and anxiety.

and still there. can not get bail.

https://www.abc.net.au/news/2021-09-04/capi...uilty/100434362
  Forum: Off Topic Chat

nipper
Posted on: Sep 4 2021, 01:14 PM


Group: Member
Posts: 10,069

Widgie Nickel Limited (WIN) is a dedicated nickel exploration and development company holding Neometals (NML) Mt Edwards nickel assets, and is due to be demerged and list on the ASX via a capital reduction and in specie distribution.

Neometals confirms that it has distributed the Widgie Nickel shares to eligible Neometals shareholders, pro rata to their shareholding in Neometals on the record date of 24 August 2021 and Widgie Nickel has advised Neometals of the Widgie Nickel fully underwritten entitlement offer to raise $24 million.

Listing date .... 22 September 2021 11:30AM AEST ##

Company contact details .... ttps://www.widgienickel.com.au/site/content/
Principal Activities ... Nickel exploration and development

Issue Price ... N/A
Issue Type .... Ordinary Fully Paid Shares

Security code ... WIN

Capital to be Raised ... N/A
Expected offer close date ... N/A
Underwriter... Fully underwritten. Euroz Hartleys Limited (Underwriter and Lead Manager)
  Forum: By Share Code

nipper
Posted on: Sep 4 2021, 12:47 PM


Group: Member
Posts: 10,069

Pacific Edge Limited (PEB) is a NZ based company and is looking to raise capital and list on the ASX, with the code PEB. As a cancer diagnostics company, it specialises in discovering, building and commercialising innovative cancer diagnostic tests that can contribute to a clinically meaningful difference in the detection and management of cancer.



ASX Listing date... 23 September 2021 #

Company contact details ... https://www.pacificedgedx.com/

Principal Activities ... Development and deployment of specialist cancer diagnostics tools

Issue Price ... NZD 1.20
Issue Type ... Ordinary Fully Paid Shares
Security code ... PEB
Capital to be Raised ... $70,000,000

Expected offer close date ... 10 September 2021

Underwriter.... Bell Potter Securities Limited, Jarden Australia Pty Ltd, Forsyth Barr Limited (Joint Lead Managers)
  Forum: NZX

nipper
Posted on: Sep 4 2021, 12:31 PM


Group: Member
Posts: 10,069

Zoom2u Technologies Limited (Z2U), through its subsidiaries, has developed intellectual property (IP) in a number of technology products, primarily related to delivery services. The IP in these products has the potential to be expanded to other industries and geographies.

The two key operating businesses of the Group are Zoom2u, which has developed the Platform which provides an Australia wide Marketplace that connects customers with local drivers in their area for fast deliveries; and Locate2u, a business that offers customers a Software as a Service (SaaS) product for delivery and services businesses to manage bookings, optimise routes, track their team (GPS Tracking) and share their live locations with customers, globally.

The Group is well placed to participate in the strong growth being witnessed in the Australian delivery services market, driven by the increase in ecommerce and the increased outsourcing of delivery services. The global delivery management software market is also growing strongly, driven by the increased automation of delivery management processes route optimisation and vehicle scheduling in order to achieve greater efficiency in delivery operations.

The largest business in the Group, Zoom2u, commenced operations in 2014, and has grown GMV from $0.4 million in FY15 to $11.1 million forecast for FY21F, representing a compound annual growth rate of approximately 76% per annum. Locate2u was launched in late 2020 and is still in its early stage of market development. Part of the funds raised from the IPO will be used to scale up sales and marketing efforts for both Zoom2u and Locate2u.


Listing date... 15 September 2021 11:00AM AEST ##

Company contact details ... http://www.zoom2u.com.au/investors
Principal Activities ... Holding company of the following subsidiaries:
1. Zoom2u, which operates the Platform and the Marketplace;
2. Locate2u, which offers clients a Software as a service (SaaS) product for delivery and services businesses to manage bookings, optimise routes, track their team (GPS Tracking) and share their live locations with their customers;
3. Locate IP, which employs software developers, and;
4. 2u Enterprises, which operates the Shred2u business and markets ad hoc ecommerce web development services and bespoke distribution operations

Issue Price ... AUD 0.20
Issue Type ... Ordinary Fully Paid Shares
Security code ... Z2U
Capital to be Raised ... $8,000,000

Expected offer close date ... 23 August 2021
Underwriter... Not underwritten. Foster Stockbroking Pty Limited (Lead Manager)
  Forum: By Share Code

nipper
Posted on: Sep 4 2021, 12:24 PM


Group: Member
Posts: 10,069

Way 2 VAT Ltd (W2V) is a technology company headquartered in Israel that has developed the W2V Platform, a web application capable of reclaiming many types of Value Added Tax (VAT) (also known as a goods and services tax in certain jurisdictions) in many verticals, industries and markets, by leveraging on its artificial intelligence technology, to provide the Company's clients with a seamless VAT and GST reclaim service and experience in multiple jurisdictions.

The Company commenced operations in January 2015 and launched the W2V Platform in 2016, with a pilot launch in Israel. In 2018, W2V commenced sales operations in its main sales hub in London, UK, and has since expanded the W2V Platform offering internationally into Europe and APAC (with more than 150 clients) and has entered into various arrangements to integrate the W2V Platform with third party expense management systems and accounting software vendors.

Following completion of its IPO, the Company will seek to (amongst other matters):

1. expand its geographical reach in the enterprise market by growing its sales through its European hub in the United Kingdom and targeting new clients with:
(a) ... at least US$1 billion in annual revenue; or
​(b) ... at least 1000 employees and with substantial travel expenditure (which may result in foreign and/or local VAT and GST reclaim);​

2. increase its corporate direct sales by establishing additional sales offices in the European and the Asia Pacific regions; and

3. target the Small Medium Businesses market, particularly SMBs that employ 10 to 500 employees, and increase the number of clients utilising its SMB solution by partnering with various technology vendors in the areas of accounting/enterprise resource planning, expense management, invoice management and virtual payments.


Listing date .. ... 14 September 2021 1:00PM AEST ##

Company contact details .... https://www.way2vat.com/
Principal Activities ... Way 2 Vat Ltd is a technology company headquartered in Israel that has developed the W2V Platform, a web application capable of reclaiming many types of Value Added Tax (VAT) in many verticals, industries and markets, by leveraging on its artificial intelligence technology, to provide the clients with a seamless VAT and GST reclaim service and experience in multiple jurisdictions.

Issue Price ..... AUD 0.20
Issue Type ..... Ordinary Fully Paid Shares
Security code ... W2V
Capital to be Raised .... $7,000,000

Expected offer close date .... 27 August 2021
Underwriter...Not underwritten. Canaccord Genuity (Australia) Limited (Lead Manager)
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nipper
Posted on: Sep 4 2021, 12:05 PM


Group: Member
Posts: 10,069

Site Services Holdings Group Ltd (SSH) provides a range of safety and people services, including security, labour hire, and road safety services, to the construction, mining, civil and government market sectors in Western Australia. Customer sites include:
  • Large Infrastructure Civil & Construction sites including:
    • ... Rail and road projects
    • ... Stadiums
    • ... Office towers
    • ... Shopping centre precincts
  • Government & Corporate Sites including:
    • ... Community buildings & precincts
    • ... travel quarantine services
    • ... Hospitals
The Site Services Holdings Group has a range of contracted client relationships. Contracts with larger clients are typically for 6 to 12 months often with additional option periods.

Listing date ....17 September 2021 11:30 AM AEST ##
Company contact details .... https://sshgroup.com.au/

Principal Activities ... The company provides a range of safety and people services, including security, labour hire, and road safety services, to the construction, mining, civil and government market sectors in Western Australia.

Issue Price ... AUD 0.20
Issue Type ... Ordinary Fully Paid Shares
Security code ... SSH
Capital to be Raised ... $6,250,000

Expected offer close date ... 27 August 2021
Underwriter... Not underwritten. GTT Ventures Pty Ltd and Taurus Capital Pty Ltd (Joint Lead Managers)
  Forum: By Share Code

nipper
Posted on: Sep 4 2021, 12:01 PM


Group: Member
Posts: 10,069

Star Minerals Limited (SMS)



Listing date ... 16 September 2021 11:30 AM AEST ##

Company contact details .... https://www.starminerals.com.au/site/content/
Principal Activities .... Mining Exploration

Issue Price ... AUD 0.20
Issue Type ... Ordinary Fully Paid Shares
Security code ... SMS
Capital to be Raised ... $5,000,000
Expected offer close date ... 03 September 2021

Underwriter... Not underwritten.
  Forum: By Share Code

nipper
Posted on: Sep 4 2021, 11:57 AM


Group: Member
Posts: 10,069



Sims Group Limited (SMS) and Hugo Neu Corporation, a private US company, merged on 18/11/2005 to form a new company also now called Sims Group Limited, trading on ASX as SGM ... the merger was effected by way of a Scheme of Arrangement . Sims Group shareholders hold a 74% collective shareholding in the new company (SGM) and Hugo Neu Corporation hold a 26% shareholding, becoming the company's largest shareholder ... Sims Group Limited (SMS) shareholders ended up with one Sims Group Limited (SGM) share for each Sims Group Limited (SMS) share they originally held
  Forum: By Share Code

nipper
Posted on: Sep 4 2021, 11:50 AM


Group: Member
Posts: 10,069

Pearl Gull Iron Ltd (PLG) has as its main undertaking the exploration for, and future potential production of, iron ore from its 100% held and operated mining lease M04/235 (Mining Lease) which covers a significant portion of Cockatoo Island in Western Australia. Pearl Gull has developed a geological model which has led to the submission of two programs of works with the Department of Mines, Industry Regulation and Safety to explore for high-grade iron ore.

As part of its work, the Company is investigating the potential for:
  • .. high grade iron ore mineralisation in commercial quantities;
  • ... economic development of lower grade iron ore mineralisation (beneficiation); and
  • ... quartzite building and ballast material to be quarried from the Mining Lease for use in offshore pipelines and infrastructure.
Cockatoo Island has a long history of hosting a high grade iron ore deposit which was mined intermittently over many years on a separate tenement which adjoins the Mining Lease and which is subject to separate ownership. Whilst historically producing some of the highest grade direct ship iron ore in the world, this adjoining operation has had a number of historical operational issues and its recent past history does not reflect the potential which remains on the Island.

The Company is currently drilling on the Mining Lease and initial results are expected in the second half of calendar year 2021, subject to laboratory assay turnaround times. Overall the drilling program calls for up to 4,000 meters of diamond drilling which will test targets at each of the Magazine Pit, the Switch Pit and the North Bay prospects on the Mining Lease. The initial part of the program is being funded from the Company's existing cash resources.

Listing date... 13 September 2021 12:00 PM AEST ##

Company contact details .... https://www.pearlgulliron.com.au
Principal Activities ... Mineral Exploration

Issue Price ..... $0.20
Issue Type ..... Ordinary Fully Paid Shares
Security code ... PLG
Capital to be Raised ..... $4,000,000

Expected offer close date ... 12 August 2021
Underwriter... Not underwritten. Canaccord Genuity (Australia) Limited and Taylor Collison Limited (Joint Lead Managers)
  Forum: By Share Code

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