Happy Friday!
It’s been a tough couple of weeks across markets.
Nevertheless, we continue to support our portfolio company’s.
This morning the PEAK team will be on a roadshow for ASX:LMG.
Latrobe Magnesium recently reached financial close for a $23m project loan to fast track the demonstration plant!
Once the demonstration plant is operating, LMG intends to develop a commercial plant with a capacity of 10,000tpa, that is expected to generate in the order of $110m in revenue and EBITDA of $42m.
Keep an eye on this one!
Across markets…
Australian shares are set to open slightly down as markets wavered after a whipsawing week in which inflation continued to cast a huge shadow.
ASX futures were down 5 points or -0.1% to 7062 near 4.29am AEST.
The S&P/ASX 200 dropped 1.6 per cent to 7064. Woolworths shares fell 5.6 per cent to US35.18, Wesfarmers 7.8 per cent to US45.89, JB Hi-Fi 6.6 per cent to US44.89, Harvey Norman 5.5 per cent to US4.33 and Coles 3.4 per cent to US17.82.
- On Wall St: Dow -0.4% S&P 500 -0.1% Nasdaq +0.4%
- In New York: BHP % Rio % Atlassian %
- Tesla +0.1% Apple -2.4% Amazon +1%
The local currency was +1.5% to 70.61 US cents.
On bitstamp.net, Bitcoin was up 4.1 per cent to USUS30,223.49 at 4.20am AEST.
The Bloomberg Dollar Spot Index fell 1%. The yield on 10-year Treasuries declined four basis points to 2.84%
Source: AFR
Caravel’s thick copper hits have highlighted good continuity of mineralisation along strike and down dip at the Bindi West Limb position within its namesake project.
The shallow reverse circulation drilling results have also confirmed the tenor of mineralisation within the Bindi West starter pit.
Meanwhile, diamond hole 21CADD020 at the southern end of the Dasher pit intersected a thinner mineralised zone than usual though a thinner mineralised zone intersected in the granites of the footwall may represent the start of another mineralised window there.
Caravel Minerals (ASX:CVV) is currently waiting on assays from RC drilling at Bindi West, aircore drilling completed northeast, south and west of the Bindi deposit as well as diamond core holes drilled into the Bindi deposit itself to recover material for metallurgical test work.
Source: Stockhead
Sector: Consumer Discretionary
Deal Type: Placement
Raise Amount: $2.2M
Latest Entry Price: $0.006 with a 1:4 DW8O
Today’s Price Change: $0.027 +3.85%
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: $0.039 Unchanged
Sector: Battery Metals
Deal Type: Placement
Raise Amount: $5.75M
Latest Entry Price: $0.011
Today’s Price Change: $0.021 Unchanged
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: $0.04 -4.76%
Sector: Magnesium
Deal Type: Placement
Raise Amount: $3M & $11.5M
Latest Entry Price: $0.10 with a 1:4 LMGO
Today’s Price Change: $0.071 -7.79%
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: $0.026 Unchanged
Sector: Mining
Deal Type: IPO
Raise Amount: $5.7M
Latest Entry Price: $0.35 with a 1:3 AS2O
Today’s Price Change: $0.515 -5.50%
Sector: Blockchain
Deal Type: IPO/On-market purchase
Raise Amount: $13.3M
Latest Entry Price: $0.01
Today’s Price Change: $0.03 Unchanged
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: $0.072 -7.69%
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5M
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.029 +7.41%
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.14 -0.87%
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: $0.27 Unchanged
Sector: Biomaterials
Deal Type: Placement
Raise Amount: $2.85M
Latest Entry Price: $0.10 with a 1:2 NC6OA
Today’s Price Change: $0.083 -3.49%
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.09 with a 1:4 RNEO
Today’s Price Change: $0.042 -10.64%
Sector: Cybersecurity
Deal Type: Placement
Raise Amount: $2.9M
Latest Entry Price: $0.027 with a 1:2 CPTOC
Today’s Price Change: $0.017 Unchanged
Sector: Lithium/Graphite
Deal Type: Placement
Raise Amount: $7.8M
Latest Entry Price: $0.078 with 1:1 option
Today’s Price Change: $0.11 -4.35%
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: $0.16 -5.88%
Sector: Information Technology
Deal Type: Underwritten Rights Offer
Raise Amount: $1.5M
Latest Entry Price: $0.03 with a 1:1 Listed Option
Today’s Price Change: $0.022 -8.33%
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: $0.076 Unchanged
Sector: Hemp & CBD
Deal Type: Pre IPO
Raise Amount: $2.5M
Latest Entry Price: $0.20
Today’s Price Change: CAD $0.020 -20.00%
Sector: Psychedelic assisted Therapy
Deal Type: Pre IPO
Raise Amount: $1.5M
Latest Entry Price: $0.08 with a 1:2 Option
Today’s Price Change: CAD $0.020 +33.33%
Sector: mining
Deal Type: Placements & Rights Offer
Raise Amount: $1.5M
Latest Entry Price: $0.008 with a 1:2 MRQOC
Today’s Price Change: $0.008 +14.29%
Sector: CBDDeal Type: Placement
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today’s Price Change: $0.016 -5.88%
Sector: Cannabis and Hemp
Deal Type: Placement
Raise Amount: $6.6M
Latest Entry Price: $0.033 with 1:2 Listed Option
Today’s Price Change: $0.021 -4.55%
Sector: Information Technology
Deal Type: Placement
Raise Amount: $800K
Latest Entry Price: $0.03 with a 1:1 Option
Today’s Price Change: $0.096 -1.03%
Peak on 1300 304 460
