We first wrote about Kidman Resources KDR back in March 2017 at $0.49 (KDR notes 2nd Mar 2017, 11th July 2017, 25th July 2017, and given the water under the bridge since then, if asked, I am of the view that another bid is entirely possible for KDR.WES... Show More
There are a few reasons why I recently took an interest in Freemont Petroleum (FPL.ASX $0.011), the first was that they had an existing gas reserve in place, (the “Backup Value”), and they owned 100% of a large 21,500 acre field, for which they are getting first results in as... Show More
I wish I was writing this note a year ago, however optimism and reality work on different timelines. Nonetheless, given the opportunity at the doorstep, we think investors should revisit the opportunity that is Firstwave (FCT). Firstwave has recently had their cloud security platform technology globally validated, first by CISCO,... Show More
We have seen the second sizeable sell-off this year. The SP500 has dropped -7.80% in October (so far), not quite matching the fall of -11.8% in Jan-Feb 2018. The volatility can be an opportunity, and we view it as such. With this in mind, it is worth discussing the technical... Show More
GBR are looking for the Nickel rich feeder system to Mt Venn. As written about previously, the exploration model is that the Eastern Mafic may host the early stage, nickel rich feeder system to Mt Venn (copper-rich part of the system). Today they took a significant step in supporting their... Show More
When I last wrote about PPL (then 12.5c, high today 23c, close 16.5c), I discussed possible corporate appeal given the attempted removal of the chairman by parties involved with Cohort, a troubled acquisition, and the connection to Unlockd, an unlisted market darling with interesting shareholder connections. Given the Cohort spill... Show More
In Melbourne this week TTT will host the launch of the world's largest and fasted 3D metal printer (Wed/Thur), built using the proceeds of its $0.20 IPO back in Sept 2017. TTT has traded to $2.94 today (+1370% since IPO). Seeing the strong share price performance some might not read... Show More
In our last note, we talked about GBR hunting for the source of the intrusion that is feeding the copper-nickel-Cobalt system Mt Venn. At Mt Venn they discovered the copper rich, later stage part of the system, and the goal is to find the earlier stage part of the system,... Show More
I wrote about GBR's Mt Venn earlier this week at 23.5c (last 29C +23.4% - Metallurgy can make Mt Venn + Jundee South near Northern Star's NST.ASX major Zodiac discovery). Today GBR has announced a significant intrusion identified near the Mt Venn complex. There is no doubt from the language... Show More
PPL has suffered a 2-year price decline and tore up around ~$40m in value since acquiring the Cohort business. I am more convinced now a turnaround is underway. Why? This is a real business that can benefit following management changes and substantial write-downs. I met with the MD recently, and... Show More
Chad, great piece. Interested if you had thoughts around the insider selling in BLA?
Rudi - great resource. Thanks for posting
Today - $60m impairment charge, no profit guidance - it is turning into a retail version of SGH.
Five *****'s. The next interesting exercise would be to go and take a look at the broker research early on, and see who, if any, picked up any of this...
An all QLD NRL grand final....I will be devastated