A big thank you to Usman, Arbab, Syed, Darren and Patrick for dinner last night!
Was great to see you and we look forward to a fantastic 2021 together!
Back to markets …
Anyone watching LOBE (our old GSTR?)
Hit $0.24 overnight on heavy volume …
That’s a nice Xmas present!
GED and 1:1 GEDOs should hit your accounts later in the day and our BCC position is going great!
Last night, U.S. stocks fell for a fourth day as investors assessed the prospects for a federal spending package and the likelihood for further virus-related economic restrictions.
The S&P 500 Index capped its longest slide since September and is 1.5% below its Dec. 8 record. Drugmakers left the Nasdaq 100 Index higher after Alexion Pharmaceuticals Inc. agreed to be bought by AstraZeneca Plc.
Energy producers tumbled after after OPEC cut its demand forecast. Oil was lower most of the day before reversing. The dollar extended its slump with Treasuries. Brazil’s Ibovespa Index erased losses for the year.
Optimism from the start of Covid-19 shots gave way to concern over whether a relief bill from a bipartisan group of lawmakers would gain traction after its release later.
The virus continued to rage in the U.S., threatening harsher restrictions across the nation. New York City Mayor Bill de Blasio warned that people should be prepared for a full shutdown and start making plans to work remotely.
The Electoral College will officially elect Joe Biden president.
The SPI is down 18 points this morning.
Source: Bloomberg
With silver prices on the upswing, the previously producing Webbs and Conrad silver projects in NSW are looking like the jewels in Thomson Resources’ crown.
Besides previous production, these projects also have significant in-ground resources that remain untapped with previous operator Malachite Resources estimating that the value of the gross contained metal in the Conrad project was about $648m.
This estimate was made when silver prices were similar to the level they are currently trading at, or about $US23.94 ($31.75) an ounce.
While the Conrad resource of 2.65 million tonnes at 206 g/t silver equivalent for 17.5 million ounces of silver equivalent is based on the older JORC 2004 standards and thus ineligible to be considered as a resource by the ASX, it still provides a springboard for Thomson Resources (ASX:TMZ) to define a more rigorous JORC 2012 compliant resource.
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.045 +4.65%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.12 Unchanged
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.069 Unchanged
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.21 Unchanged
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.052 +6.12%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.075 -3.85%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.024 -4.00%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.51 -3.83%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.039 +5.41%
Sector: Mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.010 Unchanged
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3m
Price Change: $0.076 Unchanged
Sector: Gaming
Year: 2020
Deal Type: Placement
Raise Amount: $1.25m
Price Change: $0.14 -9.68%
Sector: Mining (Gold)
Year: 2020
Deal Type: Placement
Raise Amount: $982k
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.014 Unchanged
Sector: Hemp & CBD
Year: 2020
Deal Type: Pre IPO
Raise Amount: $2.5m
Sector: Psychedelic assisted therapy
Year: 2020
Deal Type: Placement
Raise Amount: $2.5m
Price Change: CAD $0.21 +27.27%
Sector: Mining
Year: 2020
Deal Type: Placement
Raise Amount: $330k
Price Change: 0.035 +6.06%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
