Bulls N' Bears (Commercial Content)

Today is an important day for Australia… No, we are not talking about last night’s state of origin win by the NSW team or Turnball elected for a 2ndterm…

Troy Resources recent drilling program from the pit floor at the Karouni gold mine in South America has turned up a number of stellar intersections including one grading over 4 ounces to the tonne gold with visible gold evident in a number of samples. Around half of the 29 drill intercepts from the latest program occured below the current pit design. 

ASX listed Analytica has received approval from the powerful US Food and Drug Administration to sell their unique “PeriCoach” incontinence medical device without the need for a prescription in the USA. The PeriCoach is a proprietary medical device developed by Analytica to assist women to exercise their pelvic floor muscles in order to reduce or eliminate urinary incontinence.

ASX listed nano-satellite developer Sky and Space Global has successfully applied to register their own frequency spectrum with the United Nations’ “International Telecommunications Union”. The company says registering its own frequency spectrum is a crucial element to cretaing their own nano-satellite based affordable global telecomminications network. 

Good Morning, Britain is about to have a new Prime Minister… Theresa May will join “the hot seat” on Wednesday, with a lot to prove and a few “things” on her to do list…This will only be seen as good news for markets, as just like Australia forming government in the past 24 hours, markets can now focus on underlying macro-related issues So what happened last night?

The recently released feasibility study into Neometals' patented "Eli' process that downstream processes Lithium, shows that for a $158m capital outlay, the project will return a wave of cash averaging $82m a year before tax every year for the next 20 years. It shows a net present value of AUD$638m which equates to around $1.14 a share on a fully dispersed basis. 

Anti cancer specialist drug developer Pharmaust, has successfully altered the taste of their promising new anti-cancer drug known as Monepantel to make it taste better on the eve of a new trial of the drug in dogs. The trial will commence immediately at The University of Cambridge who were responsible for inventing the jet engine and identifying the structure of DNA.

There’s nothing quite like confirmation that the drill rig has been booked for a maiden drilling campaign to get the gold bulls sniffing around. It becomes even more tempting for the bulls when the ground to be drill tested sits just 35km along trend from a nearby project that just produced a 63m intersection grading 2.2 grams per tonne gold and 0.19% copper.

After posting a stellar 242% year on year revenue increase in FY 16, ASX listed financial payments player Stargroup, has given its strongest hint yet that FY17 might be its maiden dividend year. The company’s growth seems unstoppable after it produced yet another record revenue result during the June quarter, its 10th record quarter in a row. 

Good Morning, trust that you had a nice weekend and are raring to go for another busy week on markets… It’s certainly getting cold down as winter is here, but guess what?No, we’re not talking about Serena Wimbledon’s Prize Money being worth $380,000 less post Brexit…

With the Lithium boom well and truly captivating the market right now, Neometals have kicked the ball out of the park with a 160% upgrade to their Lithium resource at the Mt Marion project near Coolgardie. The resource is now the third biggest in the world at 60.5m tonnes grading 1.36% Lithium whereas it was previously sitting at just 23.24m tonnes grading 1.39%.

Global markets seem to be a little “rattled” as we approach a potential “political storm” AUS doesn’t have a Prime Minister….UK’s Prime Minister has resigned and;Trump vs. Clinton is surely making employers nervous… All in all, the world seems to be “directionless” post BREXIT and this uncertainty, will only mean one thing… short-term downside.

Terrain Minerals continue to make good use of historic exploration data to zero in on interesting targets. A recent review of historic data at the company’s Gimlet project, which adjoins Mt Ridley’s project in the Fraser Range, has unearthed an interesting gold target that looks to have never been properly tested which shows gold mineralization from 15PPB to 30PPB.

In the Lithium business it can be very profitable to own a mine, however, turning that Lithium into battery grade chemicals, commonly known as downstream processing, can be even more lucrative. Market darling Pilbara Minerals have given a hint of their medium term strategy after signing an MOU to move into the Lithium downstream processing business with the Chinese. 

Good Morning, today voting resumes in the AUS election…. The coalition needs several seats to form a majority government, which is looking more difficult by the hour.If Turnball was a company, his stock price in September couldn’t have been higher. The former Goldman Sachs banker had just seized the prime ministership from Tony Abbott in a party coup, blindsiding a conservative bloc within Australia’s ruling coalition.

Good Morning, trust that you had a great weekend and Happy 4th of July… No, it’s certainly not our independence day, but judging from the AUS election results over the weekend, getting legislation passed via the Senate is certainly going to be more difficult. It was 2010, when we last had a “hung” parliament and markets certainly don’t like “uncertainty”, so expect some nervous days ahead for both the ALP and Coalition…

Blackham Resources have identified a new source of high grade gold accessible from their existing underground infrastructure just 30m away at the Matilda Gold project in Wiluna. Latest results include 3.47 grams per tonne gold from 104m deep, 6m @ 8.99 g/t from 119m, 19m @ 6.71 g/t from 128m, 18m @ 4.88 g/t from 181m and 5m @ 10.8 g /t from the 134m mark.

Good morning, yes it’s the first of July and an election is upon us… who will win? It will be a close call….So what are the implications for spending, the economy, education and health? Lots… what we do know is the uncertainty of a potential “new leader” ay impact monetary and fiscal policy short-term..Markets up overnight, SPI up 50 points…

Good Morning, happy 30th of June… Yes, it is the end of the financial year today and aren’t we glad, especially after the past week….. Pre pay your interest, look for some tax deductions and contribute more to super… this is your last chance before next FY year…

MGC Pharmaceuticals have done what few other medical cannabis companies have managed to do – make money.The company received first revenues from its “MGC Derma” medical cannabis based line of anti-ageing cosmetics this week from their Californian distributor who has committed to buy 1.2m Euro's worth of product in the first year. 

Good Morning, this is what we like to wake up to………. Dow +260 points… SPI Futures + 57.. Oil + 3.48%A “Brexit” bargain hunt! Everything is up for sale…

Merkel didn’t wake up too happy this morning…

ASX listed biotech PharmAust, is rapidly making its mark on the anti-cancer drug industry with its promising ant-cancer drug known as “MPL”. The company recently announced they would partner up with the same UK university that was first responsible for splitting the atom and the discovery of stem cells in their upcoming phase 2 trial of MPL in canines.

Financials had the biggest one-day fall since 2001…

ASX listed Sky and Space Global have signed a deal with Richard Branson’s Virgin Galactic to launch a “constellation” of up to 200 of its nano-satellites into space aboard Branson’s visionary space craft “Launcher One.” Virgin Galactic created LauncherOne specifically to focus on launching nano-satellites into space in an affordable way. 

In only a few hours, we will know whether the Brits will “Remain” or “leave” and early votes that are starting to come in, are showing a move to the “Bremain” camp….

Today in the UK its “D-Day”……

It seems that Blackham Resources can walk and chew gum at the same time. Even though the company is furiously preparing for the commencement of mining in 3 weeks at the Matilda Gold Project in Wiluna, they have still managed to add another 106 000 ounces of gold to their mining inventory since the delivery of their Definitive Feasibility Study just 4 months ago.

George Soros, the “genius” behind the 1992 “collapse of England”, came out swinging last night stating that a “Brexit” would be catastrophic for markets and that the GBP would be 1:1 vs. the EUR…

Many companies that list on the ASX do so with the promise of “going global” once they are listed but don't manage to live up to that promise. One recent ASX listing that looks like it might be good for its word is Perth based Shark Mitigation Systems who have just secured a contract to protect the world's best surfers with their “Clever Buoy’ shark detection technology. 

Fresh from exploration success at their Ugandan base metals play, Sipa Resources are now about to drill their highly prospective new West Australian project in the Paterson region as the wet season takes hold in Uganda. The area is attracting the interest of the majors with Rio Tinto recently agreeing to spend $60m on neighbouring Antipa Mineral's ground to earn a 75% interest.

Eddy “slips” and now Holden want to cut sponsorship with the Collingwood football club….