25 January, 2024

We are live today with a low EV SA Uranium Opportunity, with 1:1 listed options!

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Market highlights

ASX futures up 23 points or 0.3% to 7511 near 7am AEDT

  • AUD +0.03% to 65.82 US cents
  • Bitcoin +1.8% to $US39,957 at 7.12am AEDT
  • On Wall St at 3.12pm: Dow -0.05% S&P +0.3% Nasdaq +0.6%
  • In New York: BHP +1.6% Rio +1.6% Atlassian -1.6%
  • Tesla -0.3% Microsoft +1% Apple -0.2% Amazon +0.7%
  • AMD +5.8% Nvidia +3% Intel +0.5% Block -4.5%
  • VIX +2.7% QQQ +0.7% TLT -0.8%
  • Stoxx 50 +2.2% FTSE +0.6% DAX +1.6% CAC +0.9%
  • Spot gold -0.7% to $US2015.34/oz at 1.54pm in New York
  • Brent crude +0.4% to $US79.85 a barrel
  • Iron ore +2.4% to $US135.15 a tonne
  • 10-year yield: US 4.17% Australia 4.23% Germany 2.34%
  • US prices as of 3.08pm in New York


Australian shares are poised to rise amid a global wave of enthusiasm for technology stocks on positive news from Netflix, ASML and SAP. Microsoft reset it record high as did Nvidia. Tesla and Resmed to report after the closing bell.

The S&P 500 reached a record high of 4903.68 before paring some of its advance. The rally lost some of its upward momentum after poor demand for the sale of US government five-year notes.

Iron ore rallied anew after the governor of China’s central bank tipped a cut in the reserve requirement ratio for banks within two weeks. It’s the latest sign that the nation is seeking to shore up both its battered equities markets and the economic outlook.

Shares in Netflix were near 12 per cent higher at 2pm in New York after it reported a shock subscriber surge, cementing its position as the world’s foremost streaming service.

Source: AFR

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Closer to Home
  • Hartmann is an expert in North American exploration
  • He brings 20+ years of experience in project development
  • Locksley is currently exploring its Mojave REE project, next door to USA’s largest REE project Mountain Pass

Special Report: Executive and technical mining expert Matt Hartmann has joined Locksley Resources to lead US operations and drive the company’s Mojave rare earth (REE) project in California.

Locksley Resources’ (ASX:LKY) Mojave REE project is in the namesake desert in California consisting of three blocks of claims just a stone’s throw from the USA’s only operating REE mine, Mountain Pass – which accounts for a whopping 15% of global supply.

LKY is planning exploration at the El Campo prospect, where rock chip results returned grades of up to 9.49%.

Hartmann most recently acted as VP of technical services for industrial mineral and base metals finance company Sweetwater Royalties which presides over one of the largest mineral tenures in the world with >4.5 million acres.

He also has experience as a leader for miners such as Westwater Resources, Uranium Resources, Strathmore Minerals Corp and as principal consultant with SRK Consulting.

These experiences have given him expertise across a wide variety of critical minerals including REEs, lithium, graphite and nickel.

Hartmann says he’s excited to be joining the LKY team and to lead the company’s US operations.

“Critical Minerals such as REE’s, will be in high demand over future years and I look forward to leading the Company’s on-ground activity at the Mojave project in California,” Hartmann says.

Source: Stockhead

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Recent Peak Deals

Company: Alderan Resources (ASX:AL8)
Sector: Lithium
Deal Type: Placement
Raise Amount: $1.75M
Latest Entry Price: $0.006 with a 1:2 AL8OA
Today’s Price Change: $0.004 Unchanged

Company: Terra Uranium (ASX:T92)
Sector: Uranium
Deal Type: IPO
Raise Amount: $7.5M
Latest Entry Price: $0.13 with 1:1 T92O
Today’s Price Change: $0.17 -8.11%

Company: Patagonia Lithium (ASX:PL3)
Sector: Lithium
Deal Type: IPO
Raise Amount: $8.6M
Latest Entry Price: $0.20
Today’s Price Change: $0.120 -3.85%

Company: Gold Mountain Limited (ASX:GMN)
Sector: Lithium
Deal Type: Placement
Raise Amount: $2.25M
Latest Entry Price: $0.0075
Today’s Price Change: $0.004 Unchanged

Company: Volt Resources Ltd. (ASX:VRC)
Sector: Battery Metals
Deal Type: Placement
Raise Amount: $5.75M
Latest Entry Price: $0.007 with 1:2 VRCOB
Today’s Price Change: $0.006 Unchanged

Company: Castle Minerals Ltd. (ASX:CDT)
Sector: Battery Metals/Base Metals
Deal Type: Placement
Raise Amount: $1.52M
Latest Entry Price: $0.01 with 1:2 CDTOA
Today’s Price Change: $0.007 +16.29%

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 Unchanged

Company: Latrobe Magnesium Ltd. (ASX:LMG)
Sector: Magnesium
Deal Type: Placement
Raise Amount: $3M & $11.5M
Latest Entry Price: $0.04
Today’s Price Change: $0.054 +1.36%

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: $0.135 -3.68%

Company: Excite Technology Services (ASX:EXT)
Sector: Cloud
Deal Type: Placement
Latest Entry Price: $0.005 with a 1:2 EXTOD
Today’s Price Change: $0.009 +12.50%

Company: Estrella Resources (ASX:ESR)
Sector: Mining
Deal Type: Placement
Raise Amount: $1.65M
Latest Entry Price: $0.006 with a 1:1 ESRO
Today’s Price Change: $0.006 +20.00%

Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $0.34 -5.56%

Company: Sabre Resources (ASX:SBR)
Sector: Energy
Deal Type: Placement
Raise Amount: $2.6M + $700k strategic
Latest Entry Price: $0.04 with a 1:1 SBROB
Today’s Price Change: $0.027 +3.85%

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: $0.016 +14.29%

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: $0.0225 Unchanged

If you would like more information on future Peak deals, please don’t hesitate to get in touch.

The trustee for Peak Asset Management Unit Trust (“Peak”) is a corporate authorised representative (#1295491) of Dayton Way Securities Pty Ltd (AFSL #382585).
Peak accepts no responsibility for any views expressed and marketing material contained in this email except where the message specifically states otherwise and the sender is authorised to state them to be the views of Peak. Information provided in this email is general advise only and does take account your objectives, financial situation or needs.  Before acting on any advice in this email, Peak recommends that you consider whether it is appropriate for your circumstances.  If this email contains reference to any financial products, you should obtain the current Product Disclosure Statement (PDS) or other disclosure documents for the particular products and consider this information before making any decisions regarding the products. The Financial Services Guide (FSG) can be found at www.peakassetmanagement.com.au  or by telephoning
Peak on 1300 304 460

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