Daniel Andrews as you are reading this morning’s note…
“Are you serious”?
We have a good Peakian, who has his 40th birthday party in a few weeks and now you’ve got him really upset …
Across Markets.
Australian shares are poised to open lower, though a momentum shift in New York in afternoon trading, could limit early local losses. Alphabet surged more than 9 per cent.
ASX futures were down 14 points or 0.2% to 6763 near 6.25am AEDT, narrowing earlier losses. The currency edged up 0.2 per cent.
Click here for the AFR interim profit season calendar and results.
In New York, shares were extended gains in afternoon trade after fluctuating between positive and negative earlier with investors repositioning on positive earnings results. At 2.32pm, the Dow was up 83 points or 0.3 per cent, reversing earlier modest losses.
Alphabet surged more than 9 per cent as it benefited from lockdowns that drove retail and other advertisers online. The Google owner’s shares pushed the communication services index to an all-time high.
Source: AFR
More thick, high grade gold results at Chesser’s (ASX:CHZ) Diamba Sud gold discovery in Senegal will contribute to the commencement of a maiden resource model later this year.
Chesser re-rated in July last year on some extremely high-grade gold intercepts in five successive holes at Area D, including 10m at 25.1 grams per tonne (g/t) and 48m at 6.7g/t.
Thick, shallow, and high grade – that’s the trifecta investors look for in drilling results.
The explorer has now reported results from late 2020 drilling at the neighbouring, also-impressive Area A.
This 25-hole program was designed to see how big the deposit was, and to prove up a geological model for resource estimation.
Highlights include 25 m at 7.20 g/t gold from 102 m (including 9m at 11.55 g/t) and 21m at 4.17 g/t gold from 113 m (including 5m at 7.42 g/t gold from 114 m).
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.045 +2.27%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.15 Unchanged
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.039 -4.88%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.20 Unchanged
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.046 -4.17%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.12 Unchanged
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.030 +3.45%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.78 +11.65%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.045 Unchanged
Sector: Mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.012 Unchanged
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3m
Price Change: $0.068 Unchanged
Sector: Gaming
Year: 2020
Deal Type: Placement
Raise Amount: $1.25m
Price Change: $0.12 Unchanged
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: $0.012 Unchanged
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 $0.11 +15.79%
Sector: Mining
Year: 2020
Deal Type: Placement
Raise Amount: $330k
Price Change: 0.21 +23.53%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
