Thank you to Tino and Robyn from our portfolio company ASX:BAS for having us for dinner at the Espy last night!
There is nothing truly like being face to face, sharing wine, good food and a great view of the water!
The company’s recent potential gas discovery sits adjacent to Santos who is currently trialing horizontal drilling and fracking to commercialise this significant resource at Beanbush.
21 TCF of gas and 845 million barrels of condensate/oil.
Click here for the full presentation
Across markets…
Australian shares are poised to open lower amid another bout of selling on Wall Street amid heightening concern that the US economy is heading towards at least a mild recession in 2023.
Oil plunged below $US80 a barrel. Brent open interest is at the lowest since 2015, with traders paring back positioning in the final month of the year.
ASX futures were down 38 points or 0.52 per cent to 7254 near 5am AEDT.
- On Wall St at 1pm: Dow -1% S&P -1.5% Nasdaq -1.9%
- In New York: BHP +0.5% Rio +1% Atlassian -6.5%
- Tesla -1.6% Apple -1.7% Amazon -2.3% VIX +5.7%
The local currency was little changed.
The yield on the US 10-year note edged 1 basis point lower to 3.56 per cent at 1.05pm in New York.
Source: AFR
Infinity Stone Ventures is preparing to carry out an airborne magnetic survey which will assist in defining new targets and better define known mineralised zones at its Zen-Whoberi in Quebec.
The 600 line kilometre survey over a single block will be carried out by an unmanned aerial vehicle with a detailed line spacing of 100 metres as well as 25-metre spacing over the soil sampling grid completed by the company during summer 2022.
Of the three samples taken from the Centauri zone, one returned grades of 15.5% copper, 14.9 grams per tonne silver, 0.4g/t gold, 0.114% nickel and 216 parts per million cobalt while the other two yielded copper grades of 2.12% and 0.7%.
“The geophysics survey at Zen-Whoberi is a key next-step in the exploration of the project that will allow us to further define drill targets moving into Q1 of 2023,” chief executive officer Zayn Kalyan said.
“With a significant copper grade in excess of 15% discovered earlier this year at Zen, we are eager to further explore this potential resource, especially in the context of recent increases in copper and nickel prices.
Source: Stockhead
Company: Terra Uranium (ASX:T92)
Sector: Uranium
Deal Type: IPO
Raise Amount: $7.5M
Latest Entry Price: $0.20
Today’s Price Change: $0.26 -5.45%
Company: Lion Energy Ltd. (ASX:LIO)
Sector: Energy
Deal Type: Placement
Raise Amount: $933K & $5.8M
Latest Entry Price: $0.08 with a 1:2 Listed Option
Today’s Price Change: $0.036 Unchanged
Company: Volt Resources Ltd. (ASX:VRC)
Sector: Battery Metals
Deal Type: Placement
Raise Amount: $5.75M
Latest Entry Price: $0.011
Today’s Price Change: $0.017 +6.25%
Company: Castle Minerals Ltd. (ASX:CDT)
Sector: Battery Metals/Base Metals
Deal Type: Placement
Raise Amount: $1.52M
Latest Entry Price: $0.03 with a 1:3 CDTOA
Today’s Price Change: $0.024 -4.00%
Company: Avenira Ltd. (ASX:AEV)
Sector: Phosphate
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.01 with a 1:2 Listed Option
Today’s Price Change: $0.028 Unchanged
Company: Latrobe Magnesium Ltd. (ASX:LMG)
Sector: Magnesium
Deal Type: Placement
Raise Amount: $3M & $11.5M
Latest Entry Price: $0.10 with a 1:4 LMGO
Today’s Price Change: $0.075 -1.32%
Company: Metgasco Ltd. (ASX:MEL)
Sector: Energy
Deal Type: Underwritten Rights Offer
Raise Amount: $4.58M
Latest Entry Price: $0.025 with 1:3 listed option
Today’s Price Change: $0.02 Unchanged
Company: Askari Metals Ltd (ASX:AS2)
Sector: Mining
Deal Type: IPO
Raise Amount: $5.7M
Latest Entry Price: $0.35 with a 1:3 AS2O
Today’s Price Change: $0.415 +2.47%
Company: Tymlez Ltd (ASX:TYM)
Sector: Blockchain
Deal Type: IPO/On-market purchase
Raise Amount: $13.3M
Latest Entry Price: $0.01
Today’s Price Change: $0.02 Unchanged
Company: iCandy (ASX:ICI)
Sector: Gaming & Digital Advertising
Deal Type: Placement
Raise Amount: $1.25M
Latest Entry Price: $0.02 with a 1:1 ICIOB
Today’s Price Change: $0.055 -5.17%
Company: Fatfish Group (ASX:FFG)
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5M
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.018 Unchanged
Company: Lobe Sciences (CSE:LOBE)
Sector: Medtech
Deal Type: Pre-IPO
Raise Amount: $1.5M
Latest Entry Price: $0.05 with a 1:1 Warrants
Today’s Price Change: $0.05 -16.67%
Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.47 +0.68%
Company: Beam Communications (ASX:BCC)
Sector: Satellite Communication
Deal Type: Placement
Raise Amount: $5.3M & $5M
Latest Entry Price: $0.44 with a 1:4 Option
Today’s Price Change: $0.25 Unchanged
Company: Nanollose Limited (ASX:NC6)
Sector: Biomaterials
Deal Type: Placement
Raise Amount: $2.85M
Latest Entry Price: $0.10 with a 1:2 NC6OA
Today’s Price Change: $0.075 Unchanged
Company: ReNu Energy Limited (ASX:RNE)
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.06 with a 1:1 RNEO
Today’s Price Change: $0.052 Unchanged
Company: Cipherpoint Limited (ASX:CPT)
Sector: Cybersecurity
Deal Type: Placement
Raise Amount: $2.9M
Latest Entry Price: $0.005 with a 1:1 Listed Option
Today’s Price Change: $0.006 Unchanged
Company: Metals Australia Limited (ASX:MLS)
Sector: Lithium/Graphite
Deal Type: Placement
Raise Amount: $7.8M
Latest Entry Price: $0.078 with 1:1 MLSOD
Today’s Price Change: $0.045 +2.27%
Company: Boadicea Resources Ltd (ASX:BOA)
Sector: Mining
Deal Type: Underwritten Rights Offer
Raise Amount: $2.98M
Latest Entry Price: $0.24 with a 1:1 BOAOA
Today’s Price Change: $0.10 Unchanged
Company: BBX Minerals Ltd (ASX:BBX)
Sector: Mining
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.082 with a 1:1 BBXOA
Today’s Price Change: $0.079 +9.72%
Company: Candy Club (ASX:CLB)
Sector: Consumer Discretionary
Deal Type: Seed, Bridging and IPO
Raise Amount: $10M
Latest Entry Price: $0.08 with a 1:1 CLBO
Today’s Price Change: $0.046 Unchanged
Company: Avecho Biotechnology (ASX:AVE)
Sector: CBD
Deal Type: Placement
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today’s Price Change: $0.008 Unchanged
Company: ECS Botanics Holdings Ltd (ASX:ECS)
Sector: Medicinal Cannabis
Deal Type: Placement
Raise Amount: $6.6M
Latest Entry Price: $0.033 with 1:2 ECSO
Today’s Price Change: $0.021 Unchanged
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak on 1300 304 460
