The March NAB Business Survey indicated that the business situation and confidence remained stable, with positive trends observed in the retail and structure sectors despite the current challenges, particularly in sectors exposed to interest rates. Although pre-orders improved, they remained negative, suggesting a modest improvement in the supply-demand balance, despite high hard work and curtain prices, and strong retail price growth, pointing to a slow rise in inflation ahead of the full first-quarter CPI result in April.
At 11:30 a. m. , the S
SPI futures are pointing to a 29-point increase.
Best and Worst Performers
The most productive according to the sector in training Materials [XMJ], an increase of 1. 57 percent. The worst according to the form-in-the-sector REITs [XPD], a decline of 0. 3 percent.
The best-performing giant cap is Lynas Rare Earths (ASX:LYC), which is trading up 5. 11% at $6. 07. It is followed by Rio Tinto Group (ASX:RIO) and Whitehaven Coal (ASX:WHC) shares.
The worst-performing large-cap company is Meridian Energy (ASX:MEZ), which is down $3. 09 to $5. 33. It is followed by shares of Viva Energy Group (ASX: VEA) and GQG Partners (ASX: GQG).
Commodities and the Dollar
Gold is at $2,361. 20 per ounce.
Iron ore rose $6. 0 to $104. 45 a tonne.
Iron ore futures are pricing in a 3. 1 upside.
An Australian buys 66. 02 cents.
Get updates delivered straight to your inbox.
Terms of use | Privacy Policy | Contact | Mail
Increases across all areas of Deep Leads resources: quality, tonnage and target area ABx Group has reported a 30% increase in its Mineral Resource Estimate (MRE) at the Deep Leads Ionic Adsorption Clay (IAC) rare earth deposit in northern Tasmania. The accumulation in MRE comes from 36 extension wells analyzed, representing a significant northward extension for the existing Deep Leads prospect.
Lake Resources (LKE. ASX) – LKE has signed two non-binding memorandums of understanding within 10 days. Ford Company (Ford) has signed a memorandum of understanding for about 25,000 t/year and last week, Hanwa, a Japanese commodity trading company, signed a memorandum of understanding for up to 25,000 t/year. Subject to execution, this is a feat as Ford and Hanwa are in a position to engage in longer-term strategic partnerships with LKE. Commercial negotiations are still ongoing, but they should, i. e. if Ford and Hanwa inject new capital into LKE, it will further reduce the risk of the financing of the assignment and thus ensure that LKE and Kachi are fully funded.
Two recent severity studies have particularly exceeded expectations and revealed the possibility of expanding the existing MRE at Throssell Lake, as well as a significant expansion opportunity at Yeo Lake. This reinforces the prospect of a multi-decade-long Tier 1 SOP production facility around Throssell Lake.
TMG is currently completing paints for the planned PFS in early 2023, adding the start of drilling in the third quarter of 2022, evaporation testing and permitting activities. The effects of these systems will affect the SFP and any long-term resource improvements.
SOP reference prices have risen to around 940 USD/t due to recent geopolitical developments. The October 2021 scoping study assumed an SOP value of $550/t and contained a sensitivity study showing that every 10% accumulated in value effects at a cumulative $144 million in NPV of the $364 million allocation. The increase of approximately 70% during the scoping study implies an allocation NPV of approximately $1. 4 billion.
Despite the drop in oil and fuel prices, which fell by 5. 4% and 19. 7% respectively in August, Calima managed to record an improvement in its key industry indicators.
WT Financial Group Limited (WTL) is a fast-growing diversified monetary company founded in 2010 and indexed on the Australian Securities Exchange (ASX) in 2015. Their recommendations and product offerings are primarily provided through an organization of independent money advisors who act as legal representatives. . de WTL in connection with its broker organisation business Wealth Today Pty Ltd (Wealth Today) and Sentry Group Pty Ltd (Sentry Group). It has approximately 275 advisers in more than two hundred money advice firms across Australia. It also operates a direct-to-consumer operation under its Spring Financial Group brand.
In May 2021, Corporate Connect analyst Marc Sinatra published a comprehensive study report on ASX-listed biotech company Immutep Ltd (ASX: IMM). He was so inspired by IMM that Corporate Connect felt it was imperative to publish a follow-up report that valued the company. as the market did not see the great prospects of Eftilagimod Alpha (EFTI).
The follow-up report published today. Using comparables, after adding a monetary rebate to its EV estimate and dividing it by the total number of percentages issued, Corporate Connect now puts the fair price of a percentage of Immutep at A$2. 20.