How are you this morning?
Although we live in the fast lane in Small Cap land, sometimes things take time!
Take for example, the Oracle of Omaha Warren Buffet…
His longest held stock is Coca-Cola (34 years). Other names include American Express (29 years) and Moody’s (22years).
Patience certainly paid off for Warren!
Across markets…
Australian shares are poised to open modestly higher after US policymakers signalled they are leaning toward a downshift in their rate-rising cycle.
“A substantial majority of participants judged that a slowing in the pace of increase would likely soon be appropriate,” according to minutes from their November 1-2 gathering released at 6am AEDT in Washington.
ASX futures were up 5 points or 0.07 per cent to 7254 near 7.10am AEDT; they had been down a similar amount ahead of the release of the minutes.
- On Wall St at 3.15pm: Dow +0.4% S&P +0.7% Nasdaq +1.1%
- In New York: BHP +1.6% Rio +1.3% Atlassian +6.1%
- Tesla +7.7% Apple +0.5% Amazon +1.1% Deere +5.4%
“Investors can reasonably assume that the Fed will hike rates by 50 basis points at the upcoming meeting,” LPL Financial’s Jeffrey Roach said. “Recession looks more and more likely for the upcoming year and if the Fed responds accordingly, a recession may turn out to be short and shallow.”
Source: AFR
Azure Minerals’ Ridgeline deposit at the Andover nickel project continues to get better the deeper it goes, with its highest grade intersection to date.
The Mark Creasy-backed explorer struck 18.2m at 1.93% nickel, 0.65% copper and 0.08% cobalt from 508.2m in ANDD0177, including 9.3m at 2.58% Ni, 0.75% Cu and 0.10% Co from 510.5m.
Part of Azure Minerals’ (ASX:AZS) 60-40 owned JV with the Creasy Group in the West Pilbara, it continues to show massive depth potential, with the main zones of massive and semi-massive nickel sulphides still open down plunge.
Ridgeline is located just 200m from the westernmost point of the Andover deposit, where a resource in March pointed to a battery metals inventory of 51,700t of nickel, 21,700t of copper and 2290t of cobalt at a nickel equivalent grade of 1.41%.
The latest drill result at Ridgeline confirms its potential for deeper mineralisation, with geological modelling completed and work on a new mineral resource estimate under way.
Holes to test for deeper mineralised potential are currently being designed.
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: $0.30 +1.69%
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: $0.016 -11.11%
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: $0.023 +4.55%
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: $0.034 -10.53%
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: $0.077 -6.10%
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: $0.019 -5.00%
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: $0.44 -2.22%
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 -4.76%
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: $0.064 -1.54%
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: $0.02 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: $0.065 Unchanged
Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.51 -2.58%
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: $0.255 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: $0.073 -2.67%
Company: ReNu Energy Limited (ASX:RNE)
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.09 with a 1:4 RNEO
Today’s Price Change: $0.067 +11.67%
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 -14.29%
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: $0.049 Unchanged
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: $0.08 +6.67%
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: $0.009 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 +5.00%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak on 1300 304 460
