Happy Friday!
We hope you are up early because its a cracking day here in Melbourne.
Who’s your pick for Friday night finals footy?
Go Blues!!!!
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: US$1,910.22 (+0.21%)
Silver: US$22.64 (-0.85%)
Nickel (3mth): US$20,230/t (+0.80%)
Copper (3mth): US$8,438/t (+0.25%)
Oil (WTI): US$90.71 (+2.48%)
Oil (Brent): US$94.14 (+2.46%)
Iron 62pc Fe: US$120.56/t (+0.02%)
AUD/USD: 0.6442 (+0.28%)
Bitcoin: US$26,613.74 (+1.43%)
Across markets
Australian shares are poised for a fast start to the final trading session of the week. US stocks rallied after the latest data pointed to slower, yet still resilient, growth. The ECB lifted rates to a record high; China cut rates.
ASX futures were up 87 points or 1.2% to 7282 near 7am AEST.
- On Wall St: Dow +1% S&P +0.8% Nasdaq +0.8%
- In New York: BHP +4% Rio +4.6% Atlassian +0.2%
- Tesla +1.8% Apple +0.9% Amazon -0.1% Arm +24.7%
The local currency was 0.3 per cent higher; the Bloomberg dollar spot index also gained 0.3 per cent.
On bitstamp.net, bitcoin was 1.4 per cent higher to $US26,606 at 7.11am AEST; it earlier peaked above $US26,700.
The yield on the US 10-year note was 4 basis points higher to 4.29 per cent at 4.59pm in New York.
Source: AFR
- American West meets C$10m exploration expenditure requirement to earn 80% in Storm
- Drilling at Storm has returned very strong results such as 41m at 4.18% copper and a separate top grade of 42.8% copper
- Exploration to ramp-up in 2024 to increase the copper mineralisation footprint
American West has had a defining year at the Storm copper project with significant expansion of the near-surface high-grade copper as well as a breakthrough discovery of a deeper, regional sediment-hosted copper system and has now locked in 80% project ownership after completing its expenditure requirement.
Storm has been a success story for American West since it entered into an option agreement to acquire the project from TSXV listed Aston Bay Holdings in March 2021.
At the time, it was a promising, yet early-stage, copper project with several largely untested conductive anomalies throughout the prospect area.
Electromagnetics proved to be an effective tool for Storm, with surveys showing a clear relationship between known, outcropping copper mineralisation with EM anomalies identified by American West Metals (ASX:AW1).
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: $0.125 +19.05%
Company: Patagonia Lithium (ASX:PL3)
Sector: Lithium
Deal Type: IPO
Raise Amount: $8.6M
Latest Entry Price: $0.20
Today’s Price Change: $0.135 -3.57%
Company: Gold Mountain Limited (ASX:GMN)
Sector: Lithium
Deal Type: Placement
Raise Amount: $2.25M
Latest Entry Price: $0.0075
Today’s Price Change: $0.007 Unchanged
Company: Unith Ltd. (ASX:UNT)
Sector: AI/ChatGPT
Deal Type: Placement
Raise Amount: $4.5M
Latest Entry Price: $0.033 with a 1:1 UNTO
Today’s Price Change: $0.025 -3.86%
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: $0.0085 +6.25%
Company: Castle Minerals Ltd. (ASX:CDT)
Sector: Battery Metals/Base Metals
Deal Type: Placement
Raise Amount: $1.52M
Latest Entry Price: $0.02 with a 2:3 CDTOA
Today’s Price Change: $0.01 -4.76%
Company: Avenira Ltd. (ASX:AEV)
Sector: Phosphate
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.01 with a 1:2 AEVO
Today’s Price Change: $0.011 +10.00%
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: $0.05 +2.04%
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: $0.23 -4.17%
Company: Tymlez Ltd (ASX:TYM)
Sector: Blockchain
Deal Type: IPO/On-market purchase
Raise Amount: $13.3M
Latest Entry Price: $0.004 with a 1:1 option
Today’s Price Change: $0.003 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: $0.037 +5.71%
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: $0.012 Unchanged
Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $0.73 +3.55%
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: $0.029 -19.44%
Company: Carly Holdings Ltd (ASX:CL8)
Sector: AI and Car subscription
Deal Type: Placement
Raise Amount: $1.25M
Latest Entry Price: $0.025 with a 1:2 CL8O
Today’s Price Change: $0.019 Unchanged
Company: Avecho Biotechnology (ASX:AVE)
Sector: CBD
Deal Type: Placement
Raise Amount: $5M
Latest Entry Price: $0.006 with a 3:2 AVEOA
Today’s Price Change: $0.005 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: $0.024 -4.00%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak on 1300 304 460
