Gold junior @Lefroyex $LEX has announced👇 strong results from latest drilling at its Lucky Strike prospect in WA 🇦🇺. Expecting a significant resource upgrade arising from this in due course. #gold#mining#resources
@ioneerltd_ $INR announces👇a quadrupling of reserves at its 100%-owned Rhyolite Ridge Project in Nevada 🇺🇸. This is now the largest lithium-boron project in the world, located on the doorstep on US EV production. #lithium#boron#mining#electricvehicles#EVs#ioneer
@Pilot_EnergyLtd $PGY has raised an additional $1.8m via a convertible note to a syndicate led by company Chairman Mr Greg Columbus. Effective conversion price is 2.0 cents, being a significant premium to the current share price.
Disclosure: speculative, I own, DYOR
@Emmerson_ERM $ERM announces resource upgrade at its White Devil gold project in Tenant Creek, NT to 611koz👇. Congratulations to management on strong execution and value creation in a rising gold market. #gold#resources#goldmining
Disclosure: speculative, I own, DYOR
Pleased to attend a lunch presentation at Neptune Palace in Sydney for our client @Emmerson_ERM $ERM. Company has a growing gold resource base in Tenant Creek, NT. One to watch! 🍀 #gold#goldmining#resources
Disclosure: speculative, I own, DYOR
Limited local 🇦🇺 macro news this week but a few blockbuster releases coming up. This week the focus is:
Tues 11/3 - Japan Q4 GDP 🇯🇵
Wed 12/3 - US CPI Feb 🇺🇸
Thurs 13/3 - US PPI Feb & Initial Jobless Claims 🇺🇸
Friday 14/3 - UK GDP Jan 🇬🇧
#equities https://t.co/ZAuDRPfvkY
Busy economic calendar this week, with main focus:
Monday 3/3 - Eur CPI Feb
Tuesday 4/3 - Au Retail Sales Jan
Wednesday 5/3 - Au GDP Q4
Thursday 6/3 - ECB rate decision
Friday 7/3 - US non-Farm payroll & unemployment rate + Fed Chair Powell speaks! https://t.co/ZAuDRPfvkY
@Emmerson_ERM $ERM has released drilling results at its White Devil gold prospect in Tenant Creek, NT. Multiple high grade and wide zones of mineralisation evident. ✅ Resource upgrade expected in March.
#gold#exploration#resources
Speculative: speculative, I own, DYOR
Relatively quiet week of global macro data, with all eyes on:
Monday 3 Feb: EU CPI for Jan
Thursday 6 Feb: UK BEO rate decision (Consensus = 25bp cut)
Friday 7 Feb: US Non-Farm Payroll Data and Unemployment
https://t.co/rKqTmeKAhu
@Emmerson_ERM $ERM announces maiden resource for its White Devil gold resource in Tennant Creek. Represents a 130% increase in the company’s gold resource base. #gold#mining#resource
Disclosure: speculative, I own, DYOR
Australia’s trimmed mean inflation measure was 3.2% for the year to December vs 3.3% expected. For Q4 was 0.5% vs 0.6% consensus. Cooling inflation opens the door for a pre-election interest rate cut. #inflation#equities https://t.co/3AenSypCj4
In market news this week, all eyes are on Trump’s inauguration👇 and the crucial first few days of exec orders. Other market news is light, primarily:
Tuesday: Canada CPI
Thursday: Japan CPI and BOJ rate decision
Friday: EU, UK , German and France PMI data https://t.co/tZ7zpVdPAQ
Significant #inflation data for Dec ‘24 will be released in the next few days, making this a critical week for global markets
Tuesday: US PPI
Wednesday: US CPI, UK CPI & PPI, France CPI, Spain CPI
Thursday: Germany CPI, Italy CPI
Friday: EU CPI
#equities https://t.co/2H9am6D5Zk
Chairman of @Southern_Pd $SPD, Roger Baxter in Sydney today on an investor roadshow, hosted by our firm @BridgeStCapital. SPD is developing the Bengwenyama PGM project in South Africa 🇿🇦, which has an NPV of US$1 billion. #PGM
Disclosure: speculative, I own, DYOR
Software company @ActivePortGroup $ATV has raised $2.6m through its rights issue plus a commitment of $0.5m to $2.0m from one insto, so total raising will end up between $3.1m and $4.6m. Company now fully funded to cash flow positive.
Disclosure: speculative, I own, DYOR
Software company @ActivePortGroup $ATV has raised $2.6m through its rights issue plus a commitment of $0.5m to $2.0m from one insto, so total raising will end up between $3.1m and $4.6m. Company now fully funded to cash flow positive.
Disclosure: speculative, I own, DYOR