Happy Friday!
Last night we caught up with 5 ‘Peakians’ for dinner.
Great to be out!
For those in Melbourne, keep either 10th or 17th December free… we are looking to have you for a PEAK Lawn Balls & Drinks event
More info coming once confirmed!
Across markets…
Last night, gains for tech shares led U.S. equity indexes higher as investors weighed the impact of tougher virus restrictions on economic growth along with the outlook for widespread vaccine distribution within months.
Advances for Microsoft Corp., Amazon.com Inc. and Adobe Inc. lifted the Nasdaq 100. Tesla Inc. rose to a record as investors bet that the global car market will be dominated by electric cars in decades ahead.
The S&P 500 Index edged higher. In Europe, cyclical shares led stocks lower. Norwegian Air Shuttle ASA plunged 16% after seeking protection from creditors amid the travel upheaval caused by the pandemic.
Treasury yields slipped and the dollar held steady after U.S. weekly jobless claims came in higher than forecast. Gold dropped for a fourth day amid a drawdown in bullion-backed exchange-traded funds.
The SPI is up 17 points this morning.
Source: Bloomberg
Stocks
The S&P 500 Index rose 0.3% at 2:38 p.m. New York time.
The Stoxx Europe 600 Index fell 0.8%.
The MSCI Asia Pacific Index declined 0.2%.
The MSCI Emerging Market Index dipped 0.5%.
Currencies
The Bloomberg Dollar Spot Index slumped 0.1%.
The euro rose 0.1% to $1.1866.
The British pound decreased 0.2% to $1.3253.
The Japanese yen was little changed at 103.81 per dollar.
Bonds
The yield on 10-year Treasuries decreased two basis points to 0.85%.
Germany’s 10-year yield fell two basis points to -0.57%.
Britain’s 10-year yield declined one basis point to 0.32%.
Commodities
West Texas Intermediate crude was little changed at $41.82 a barrel
Gold weakened 0.3% to $1,866.26 an ounce.
Source: Bloomberg
Deeper, more targeted RC drilling will kick off at the historic Niagara gold project in December, GTI Resources (ASX:GTR) says.
In September, GTI completed a shallow (~45m depth) 52-hole aircore drilling program over the eastern part of the Niagara gold project.
Assays returned a peak result of 2.78 grams per tonne (g/t).
GTI has now analysed multi-element assays from this completed first pass drilling, which suggests that gold is related to anomalous (low grade) bismuth, tungsten and tellurium.
This info – along with previous gold assays — has helped GTI vector in on some targets for deeper drilling, set to kick off next month.
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.047 +2.17%
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: $0.080 -1.23%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.19 Unchanged
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.054 -1.82%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.090 +5.88%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.022 -8.33%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $3.05 +0.99%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.049 Unchanged
Sector: Mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.008 Unchanged
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3m
Price Change: $0.0060 +20.00%
Sector: Gaming
Year: 2020
Deal Type: Placement
Raise Amount: $1.25m
Price Change: $0.20 +5.13%
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: $0.017 +13.33%
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 $0.055 +10.00%
Sector: Mining
Year: 2020
Deal Type: Placement
Raise Amount: $330k
Price Change: 0.037 Unchanged
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
