In this sector report we attempt to quantify the impact on demand for graphite from the rapidly growing Lithium-ion battery ("Li-B") sector. A major increase in installed Li-B capacity to 2025 is anticipated to drive a major increase in demand for graphite. Based on our modelled growth in the Li-B... Show More
Doray Minerals’ Deflector mine recently moved into processing of transitional ore, which saw further improvements in overall gold and copper recoveries. The rampup continues with annualised gold production in the last two months (including gold in native copper concentrate) >40% above Deflector’s FY17 gold production guidance. Deflector is expected to... Show More
Production results generally beat our expectations across the asset suite, with the company reporting group EBITDA for the quarter of A$38m. Operating cashflow of A$6.8m was significantly lower than our expectations, however, when normalised for high gold inventory at Tropicana, a late provisional payment for a 10kt copper concentration shipment... Show More
Praemium is getting increasing market attention as a global leader in the provision of investment administration, Separately Managed Accounts, and financial planning technology platforms. It has just announced very strong quarterly gross inflows of A$494m, which has helped lift total Funds under Administration to A$5.1 billion as at 30 September... Show More
Galaxy Resources Limited (ASX:GXY) is an Australian based, globally diversified lithium development and production company. Its primary assets are Mt Cattlin spodumene operation in WA, the Sal de Vida lithium brine development project in Argentina (100%) and the James Bay spodumene exploration project in Canada. The outcomes of the updated... Show More
Impedimed is a revolutionary medical technology company, developing and commercialising healthcare devices based on a proprietary technology that allows the rapid, accurate and non-invasive measurement of different tissues in the body. Following the release of new guidelines by the FDA that allow companies to market low-risk products for health and... Show More
Annual sales in the Australian Retail Market were estiamted at $266b in CY15, and are expected to grow at a ~5% CAGR from CY15-CY19. The Online Retail Market was valued at $17b and is forecast to grow at an 11.5% CAGR over the same period. Kogan.com is the most visited... Show More
Sundance Energy (SEA) closed at $0.14 on Tuesday, and has received a A$0.185 (US$0.14ps) indicative offer from a US based private equity manager with expertise in the energy sector. The bid is highly conditional and subject to due diligence. With SEA trading at a significant discount to the bid price... Show More
The Australian Focus List contains our top-15 stock picks across a diverse group of sectors. This quarterly report provides a one-page summary of each pick and includes our investment recommendation, potential catalysts, and bull/base/bear target price scenarios. One of those picks is SpeedCast International (ASX: SDA). SpeedCast has experienced rapid... Show More
Canaccord recently increased the valuation for Orocobre (ORE.AX) from A$4.20 to A$5.15 following revisions to our Lithium Carbonate pricing forecasts. Since then, the company has provided product specification data, which suggests that up to 86% of recent production was achieving battery grade (>99.5% Li) specs, with the balance being technical... Show More
Canaccord has recently published a report on 1-Page. Available here: https://goo.gl/LiQ5fJ
Capilano, honey, CZZ, Canaccord, Topy, Chandlers,
40 tables generating an average of US$5,000 per day equals US$200,000 per day for the new casino. Nice new shiny casino right on the border with China. Stock on a PE of 11.8x in FY16 which seems cheap for a growing gaming stock. Just need the political situation to settle down.
Copper inventories are down 26% on the LME in the last month, so there seems to be increasing demand from limited supply in the near term. This has also resulted in the price increasing from US$3.00 lb to $3.18 lb. In the longer term we see a copper deficit, especially in 2016. As a client mentioned today, when was the last time you saw new large copper mine come on line?