Locksley Resources Limited (ASX:LKY) is pleased to announce that the recent stream sediment sampling program completed over the Mojave Project has returned seven (7) anomalous results ranging from 0.103% (1,030ppm) to 0.26% (2,600ppm) TREO. The results represent a new area of REE potential amongst Mojave’s North Block in California, USA.
The week saw accurate RBA predictions, Cup struggles, and Moody’s caution on the US economy. Noteworthy is the S&P 500’s historic post-midterm election performance, mirroring the 1946 average return of 14.1%. Despite ominous charts, the “Magnificent 7” tech giants defy traditional valuation. Google faces an antitrust trial, while Microsoft’s history suggests prudence.
Shane Lee & Tim Gilbert recap Scotland’s win over the West Indies in the T20 World Cup, 46 days of running double marathons for Nedd Brockmann, and Robbie Farah joins the show from England to report on the Rugby League World Cup
It’s Friday that means Shane Lee & Tim Gilbert are joined by Luka Muller to talk EPL, AFL and more + as the Rugby League World Cup commences Robbie Farah joins the show from England thanks to Barclay Pearce Capital.
Shane had lunch with NRL legend Robbie Farah, comic actor Rob Shehadie and comedian Tahir Bilgic, the guys share thoughts on life, sport and a whole heap of laughs.
In 2021, the Victorian state government attempted to solve the issue of electric vehicles (EVs) not paying fuel excise taxes, and thus contributing to road infrastructure, by introducing a per km tax. However, in Daryl Kerrigan-like fashion, two Victorian EV owners took the Victorian government to the high court last week and won. The outcome not only affects the ~15,000 registered EVs owners in Victoria but across Australia as other states were looking to impose a similar tax. Moreover, the story has also sparked debate on the contribution EV owners should be making to road infrastructure. Finally, the high court judgement also opens the door to challenges to the legality of other state taxes. This week, ABSI will seek to address all these questions.
Jack is a Senior Associate within BPC’s Corporate Finance Team. Previously, Jack was a full-time athlete representing Australia over the marathon distance with a career-best 45th place at the 2017 IAAF World Championships in London. Prior to athletics, Jack was an Equities Dealer for Paradice Investment Management. Jack has passed all three levels of the CFA Institute.
It almost feels like a distant memory, but last year Australia’s energy grid was in crisis which resulted in the suspension of the pricing system after prices regularly hit the ceiling of A$15,100/MWh and subsequently had to be capped at A$300/MWh.
The topic of hydrogen as a future energy source has become a divisive topic with many touting its potential contribution to decarbonising the global economy while others controvert it as “hopium” and a waste of investment capital. Regardless of your stance, with over US$320 billion in projects announced in the past 12 months, it won’t be long till we discover if hydrogen has a role to play.
There have been a number of notable events affecting financial markets over the previous week from the debt ceiling deal to opaque interest rate decisions. ABSI this week provides commentary on the week that was in financial markets.
Morgan, our Queensland State Manager, has an extensive background in research, negotiation, statistical analysis, and a successful history in the small cap sector working with HNW individuals and Institutions alike. He has built many strong relationships with his evidence based approach, exemplary communications skills and dedication to delivering for his clients is evident in his client centered approach.
As the world shifts towards a greener, more sustainable future, the role of renewable energy and commodities has become increasingly important. The financial industry is adapting to these changes, with a growing focus on Environmental, Social, and Governance (ESG) requirements for businesses and generational wealth transfer. I have recently been writing about these developments and the importance of staying sector agnostic when it comes to investing.
At present, there are a significant number of macroeconomic and geopolitical movements that are creating an environment for investors to be understandably defensive or “risk-off”. Throughout the past 2 years, economic indicators have signalled there were issues. Coming off the back of the pandemic, fuel has been added to the infernos of already embattled economies, by way of supply chain constraints.
We tend to throw around the word unprecedented a lot lately. The feeling that certain events are unprecedented can be easy to agree with on an emotional level. However, the unprecedented experiences in my view can be somewhat explained by the fact that our current generation(s) and maybe 1 or 2 ahead of us have not experienced the level of change we have in our adult lives at present.
Roberto is an experienced Capital Markets Operator & Capital Markets Trader. He is focused and organised, and continuously improves the trading operational management systems, processes and best practices and ensures all tasks are carried on in an appropriate and timely manner. His skills in administration services, trading operations, equity trading, and portfolio management, ensures he is coherently upholding all trading procedures, whilst helping all processes remain legally compliant.
The XJO has broken away from its previous downward trend due to positive news from the US about the Consumer Price Index (CPI), which met expectations. Although the Australian CPI data has increased, we are still following the lead from the US in our equity market. Despite the downside from overseas, our index has remained strong, largely due to a boost in commodity prices.
Blackrock, the world’s largest asset manager, is anticipating a unique recession unlike others we have seen in US history. This coincides with many other asset managers and interestingly enough some ‘Finfluencers’ in the industry, the most notable of the bunch being Robert Kiyosaki.
Recent Chinese protests have sparked speculation that the nation may be considering abandoning its strict “zero covid policy.” Given that China has been unable to exit Covid properly since 2021, it appears that protestors are calling for a change in strategy.
BPC provides you with everything you need to know about the economy, investing and finance in a bite-sized 1-minute podcast. Our team of specialists provide general advice about complex topics related to the stock market to help guide you through building your investment portfolio. We know you’re busy so we’re here to help educate you about investing, trading and more!