Proactive - Interviews for investors

Pantoro Ltd (ASX:PNR, OTC:PNTOF) managing director Paul Cmrlec talked with Proactive’s Tylah Tully about updates from the Norseman Gold Project in Western Australia, particularly its Scotia Mine.

Cmrlec highlighted that recent grade control drilling results had returned high-grade intersections, extending beyond the existing reserve position.

"The big news is that there's quite a bit of development at high grades well outside of the old reserve position," he said, emphasising the project's growth potential.

As the company continues its development efforts, Cmrlec noted that recent results had identified a 70-metre mine extension and more than 100 metres of new development outside the current plan.

He stated that Pantoro remained on track to reach full steady-state production at Scotia by the end of the March quarter, with production expected to surpass 100,000 ounces annually when combined with other Norseman operations.

Additionally, open-pit mining at Princess Royal is set to begin in early March, with significant ore production anticipated in the second half of the year.

With Scotia ramping up and new developments underway, Pantoro is set for an eventful and productive year ahead.

#Pantoro #GoldMining #NorsemanGold #ASXStocks #MiningNews #ScotiaMine #GoldExploration #Investing #AustraliaMining

Ora Banda Mining Ltd has reported significant financial and operational growth for the first half of FY25, ending 31 December 2024. T

The company’s revenue increased by 93% to A$186.422 million, while net profit after tax (NPAT) rose 337% to A$50.8 million. EBITDA grew 254% to A$84.2 million, and cash flow from operations surged 765% to A$91.2 million.

Ora Banda closed the period with A$57.8 million in cash, up A$31 million from the previous six months.

The company transitioned from open pit to higher-grade underground mining, with Riverina Underground producing 46,190 ounces and early development at Sand King yielding 656 ounces.

Capital expenditure for the half-year totalled A$54 million, primarily allocated to Riverina and Sand King development, resource exploration, and mill improvements.

Managing Director Luke Creagh highlighted the rapid payback of Riverina Underground, which has provided free cash flow to self-fund Sand King’s development.

With improving operating margins and favourable gold prices, Ora Banda expects further growth in H2 FY25 and FY26, with Sand King Underground projected to reach steady-state production in the June 2025 quarter.

#OraBandaMining, #GoldMining, #Davyhurst, #WesternAustralia, #MiningNews, #GoldProduction, #UndergroundMining, #FinancialResults, #GoldRevenue

Solis Minerals Ltd has secured firm commitments for a A$4.5 million placement to institutional and sophisticated investors.

The placement, priced at A$0.085 per new share, includes a 1-for-2 unlisted option exercisable at A$0.16 with a two-year term. Directors have committed A$205,000, subject to shareholder approval.

Funds will be allocated to drilling at the Ilo Este and Chancho al Palo copper targets in southern Peru, pre-drilling work at the Cinto Project, and regional exploration across the company’s copper portfolio.

The Ministry of Energy and Mines in Peru has granted a drilling permit for Chancho al Palo, with remaining approvals expected soon.

Newly appointed CEO Mitch Thomas stated that Solis Minerals has established a significant landholding of nearly 70,000 hectares in the Coastal Copper Belt of Peru.

He highlighted the strong investor support, reflecting confidence in the company's drill-ready targets. Drilling at Ilo Este and Chancho al Palo is set to begin once final approvals are received.

The company anticipates an active year, with multiple drilling programs planned across its key projects.

#SolisMinerals, #CopperExploration, #MiningNews, #PeruMining, #CopperInvestment, #IloEste, #ChanchoAlPalo, #CintoProject, #CoastalCopperBelt,

Sovereign Metals Ltd has identified a new market opportunity with the latest test work on natural graphite from its Kasiya Graphite and Rutile Project in Malawi.

The company confirmed that its medium to coarse graphite concentrate meets or exceeds specifications for the expandable and expanded graphite markets, which require nearly 100,000 tonnes of natural graphite annually and are growing at a compound annual rate of 6-8%.

Graphite concentrate with 94-95% purity, used in these applications, was priced at approximately US$1,140 per tonne (FOB) in December 2024.

Sovereign Metals’ ongoing graphite downstream application testing has demonstrated that Kasiya’s high-quality concentrate is suitable for three key markets: anode materials for graphite fines, refractory materials for coarse flake, and expandable graphite for medium to coarse flake.

The company believes these results, combined with Kasiya’s low-cost position, support its potential to become a leading supplier of natural graphite while maintaining its role as a primary rutile project.

These three graphite sectors represent over 94% of the 1.6-million-tonne annual global demand for natural flake graphite.

#SovereignMetals, #Graphite, #ExpandableGraphite, #MiningNews, #KasiyaProject, #Malawi, #NaturalGraphite, #MineralExploration, #BatteryMaterials, #Rutile, #FlakeGraphite, #MiningIndustry

Suvo Strategic Minerals Ltd (ASX:SUV) executive chairman Aaron Banks talked with Proactive’s Tylah Tully about the company and its recent incorporated joint venture with PERMAcast R&D Pty Ltd, including its new Memorandum of Understanding (MoU) with Wind With Purpose Pty Ltd (WWP).

The agreement grants Suvo the first right of refusal to supply low-carbon concrete for the footings and towers of wind turbines.

Banks explained that traditional wind turbine construction relies on Portland cement concrete, a major industrial polluter.

Suvo's solution offers a sustainable alternative that reduces carbon emissions and allows materials to be reused at the end of their lifecycle.

If all projects under the MoU proceed, Suvo could supply concrete for 400 to 500 turbines, representing a potential revenue opportunity of $120 million to $150 million.

Banks also discussed Suvo’s collaboration with PERMAcast, one of Australia's largest precast concrete manufacturers.

Together, they are developing new formulations and supply chains to bring sustainable concrete solutions to market.

He added that Suvo is in the final stages of securing intellectual property rights for turbine footings and towers.

Once finalised, the company will begin testing concrete formulations and integrating them into WWP’s projects.

Looking ahead, Banks sees this as a key step toward commercialising Suvo’s low-carbon concrete solutions and expanding its role in renewable energy infrastructure.

#SuvoStrategicMinerals #ASXSUV #WindEnergy #RenewableEnergy #GreenConcrete #LowCarbon #SustainableConstruction #WindTurbines #EcoFriendly #PERMAcast #WWP

Tolu Minerals Ltd (ASX:TOK) CEO Iain Macpherson and head of exploration Chris Muller talked with Proactive’s Tylah Tully about the latest exploration updates from the Tolukuma Mine in Papua New Guinea.

The company has identified 38 mineral targets, including seven porphyry targets, as part of its ongoing exploration efforts.

Macpherson discussed the impact of the Airborne Magneto Telluric geophysical survey, which has enhanced target generation and improved exploration efficiency.

He noted that challenging terrain in Papua New Guinea made such tools invaluable in reducing discovery costs and increasing the speed of resource identification.

The company has also applied for three additional exploration licences based on recent airborne survey results.

Chris Muller, a seasoned geologist with extensive experience in PNG, shared his enthusiasm for the new findings.

He highlighted the presence of multiple unexplored mineralised zones, including high-sulphide load areas beneath existing mine developments.

“This new targeting approach gives us confidence in discovering high-grade gold and copper deposits,” Muller said.

Looking ahead, Tolu Minerals plans an aggressive drilling program to assess high-priority targets while expanding current resources at Tolukuma.

The company is integrating historical data with new geophysical insights to optimize its exploration strategy.

#Mining #GoldExploration #CopperMining #ToluMinerals #ResourceDiscovery #Geology #Investing #PapuaNewGuinea #PorphyryTargets #DrillingProgram

Seeing Machines (AIM:SEE, OTC:SEEMF) CEO Paul McGlone spoke with Proactive’s Tylah Tully about the company’s first-half FY25 trading update and second-quarter FY25 KPIs, covering automotive and OEM business performance.

McGlone acknowledged ongoing volatility in the global automotive sector, particularly among European and US manufacturers competing with China.

As a result, Seeing Machines saw a more pronounced reduction in its December quarter numbers.

However, despite this turbulence, the company still achieved 90% growth, bringing its total driver monitoring systems (DMS) to 2.8 million units across eight production programs.

He also highlighted Seeing Machines' contractual volume guarantees, which provide financial protection against ongoing market fluctuations.

Looking ahead, McGlone expects significant demand growth by early 2026, driven by the General Safety Regulation (GSR) mandating driver distraction warnings in new European vehicles.

Discussing Guardian Gen 3, McGlone confirmed that production is now on track to ramp up in March 2025, after previous delays.

He noted that the high-margin nature of future sales will be a key driver of profitability.

Additionally, Seeing Machines recently announced a referral agreement with Mitsubishi Electric Automotive Americas (MEAA), leveraging its strong customer network in the US market.

Despite short-term challenges, McGlone remains confident about Seeing Machines’ long-term growth potential, citing increased industry demand and upcoming OEM awards expected over the next 12 months.

He also confirmed an investor town hall event in London in April, where shareholders can engage directly with the company and explore new technology demonstrations.

#SeeingMachines #ASX #ProactiveInvestors #LONSEE #AutomotiveTech #DriverMonitoring #ADAS #RoadSafety #MitsubishiElectric #GuardianGen3 #Investing

Zynex Chief Operating Officer Anna Lucsok joined Steve Darling from Proactive to discuss the company’s commitment to providing non-opioid pain management solutions and its robust reimbursement strategy. Since joining Zynex in January 2021, Lucsok has overseen key functions, including sales, reimbursement, quality, IT, HR, compliance, and legal operations.

Lucsok emphasized Zynex’s ability to work with all insurance providers, successfully navigating a complex network of thousands of carriers to ensure patients receive coverage for its medical devices. “Our reimbursement team has been very successful at identifying how to secure coverage for our patients,” she noted.

Zynex’s product portfolio includes electrotherapy, bracing, cervical traction, and hot and cold therapy, positioning the company as a leader in alternative pain management. Lucsok highlighted the company's goal of becoming a household name for non-opioid pain relief, offering solutions that reduce reliance on medication.

On the sales front, Zynex has seen sales rep productivity double over the past two years, a testament to the company’s strategic expansion and operational efficiency. Despite the challenges associated with third-party payers, Lucsok credited the company’s strong team and technology for driving success.

Looking ahead, Zynex plans to expand its sales force and develop new products, reinforcing its vision of becoming a one-stop shop for non-medication pain management solutions.

#proactiveinvestors #zynexinc #nasdaq #zyxi #healthcare #q2 #finanacials #PainManagement #NonOpioidSolutions #HealthcareInnovation #MedicalDevices #InsuranceReimbursement #AnnaLucsok #Electrotherapy #ChronicPainRelief #ProactiveInterviews

U.S. Global Investors CEO Frank Holmes joined Steve Darling from Proactive to discuss the strong momentum in the travel sector, the performance of Trip ETF and Jets ETF, and the growing impact of AI on travel pricing and logistics.

Holmes explained that the Trip ETF, listed on the London Stock Exchange, provides broad exposure to hotels, cruise lines, and the hospitality industry, while the Jets ETF, listed on the New York Stock Exchange, remains focused on airlines. He highlighted the exceptional growth in the cruise industry, noting that cruise lines have been among the top performers in investor rankings.

A key trend Holmes discussed is the rise of the digital nomad lifestyle, with professionals increasingly choosing remote work destinations like Spain, Portugal, Thailand, and Vietnam, thanks to their reliable internet and attractive climates.

Looking ahead, Holmes predicts that 2025 travel spending will surpass pre-Covid levels, driven by strong global demand. He also highlighted AI’s role in optimizing ticket pricing and reducing lost luggage incidents, contributing to an improved travel experience.

The conversation also touched on China’s economic landscape, where government policies could stimulate travel demand. Holmes noted a rising number of Asian tourists in European cities, reinforcing the ongoing strength of the global travel sector.

#proactiveinvestors #usglobalinvestorsinc #nasdaq #grow #etf #trip #jets #travel #FrankHolmes #TripETF #JetsETF #TravelIndustry #AIinTravel #DigitalNomads #CruiseIndustry #GlobalMarkets #ProactiveInvestors

Nano One Materials Corp Chief Operating Officer Alex Holmes joined Steve Darling from Proactive to announce the company’s definitive agreements for the sale and leaseback of its Candiac building and surrounding property in Québec to Candiac Industrial Properties.

The transaction, valued at $15.7 million, significantly bolsters Nano One’s cash reserves while ensuring long-term operational stability in Québec through a 15-year lease agreement, with renewal options extending up to an additional 15 years.

Holmes emphasized that this move strategically positions the company to advance its commercialization and technology licensing initiatives with key partners. The capital infusion will support the scale-up of operations in Candiac, accelerating the company’s path to revenue generation from future lithium iron phosphate (LFP) production and licensing.

Nano One is now fast-tracking the expansion of its Candiac facility, targeting a production capacity of at least 1,000 tonnes per annum (tpa) of LFP cathode material, further solidifying its role in the growing battery materials sector.

#nanoonebatterymaterialscorp #tsx #nano #otc #nnomf #BatteryTech #CleanEnergy #LFP #LFPMarket #AlexHolmes #QuebecPropertySale #2025SalesClarity #BatteryTech #Commercialization #FinancialStrategy #ProactiveInvestors