Proactive - Interviews for investors

AuMEGA Metals Ltd (ASX: AAM, TSXV: AUM, OTCQB: AUMMF) managing director and CEO Sam Pazuki joins Proactive’s Tylah Tully to discuss preliminary results the company has received from a high-resolution airborne magnetic and Very Low Frequency Electromagnetic (VLF-EM) survey over its Bunker Hill Project in Newfoundland and Labrador, Canada.

The survey covered 170 square kilometres, comprising 3,142 line-kilometres, and revealed significant geological complexity across the 25-kilometre strike length of Bunker Hill.

The findings have altered the company’s understanding of the area, highlighting important geological structures that align with previous geochemical and prospecting samples, which showed high-grade copper, gold, and silver.

Key results include:

Identification of major second and third order faults;

High-grade copper samples of up to 25% (outcrop) and 57% (float); and

Significant silver (up to 407.5g/t) and gold (up to 17g/t) in samples.

These findings suggest that Bunker Hill shares structural similarities with Calibre Mining's Valentine Project, which hosts a large gold resource. Further structural analysis and final data processing are expected before the end of 2024. The company is also awaiting assay results from its summer till survey and diamond drilling programs.

#ProactiveInvestors #AuMEGA #ASX #TSX #OTCQB #MiningExploration, #Geophysics, #AirborneMagnetics, #AuMEGA, #BunkerHill, #CopperExploration, #GoldExploration, #SilverExploration, #GeologicalStructures, #NewfoundlandMining, #ResourceDiscovery, #VLFEMSurvey, #HighGradeMineralisation, #CapeRayShearZone, #GreenfieldsExploration, #Mineralisation, #GeophysicalSurvey, #MiningUpdate,

Cyclone Metals Ltd (ASX:CLE) CEO Paul Berend Joins Proactive’s Tylah Tully to discuss how the company has successfully completed a pilot production run of direct reduction (DR) iron ore pellets at its Iron Bear Project in Canada.

These pellets achieved “world-class” specifications, grading 67.5% iron, 1.6% silica, 0.12% magnesium oxide and 0.65% calcium oxide, with ultra-low deleterious elements.

The pellets demonstrated excellent physical and metallisation properties, including a cold crushing strength (CCS) of 438-486 kilograms per pellet and a 99.1% metallisation rate.

Berend noted that these DR pellets, which enable low-carbon steel production, are a significant milestone for the project.

DR pellets are crucial in green steel production, reducing carbon inputs by minimising the need for coking coal and enabling the use of electric furnaces. The company expects to start shipping bulk samples to potential offtake clients by Q2 2025.

With the completion of pilot work, the company will now move towards small-scale industrial production.

Cyclone plans to produce high-grade DR concentrate and pellets, targeting potential markets in the Middle East and Europe. The company aims to secure a joint venture with a Tier-1 miner or steel producer to advance the project.

#ProactiveInvestors #CycloneMetals #ASX #IronBearProject #IronOre #GreenSteel #LowCarbonSteel #DRPellets #DirectReduction #SustainableSteel #GreenHydrogen #CarbonReduction #IronProduction #PilotProduction #SteelIndustry #QuebecCity #COREM #IronOrePellets #OfftakeClients #Metallisation #IronResource #IronBear

Triangle Energy (Global) Ltd (ASX:TEG) managing director Conrad Todd joins Proactive’s Tylah Tully to discuss the company’s agreement of a revised settlement timeframe for the sale of the Arrowsmith land and facilities to Pilot Energy Ltd (ASX:PGY) as part of the Cliff Head Joint Venture (CHJV) Sale and Purchase (S&P) Deed.

On the eleventh of this month, both companies agreed to extend the schedule for the first stage of the transaction, allowing additional time to finalise the transfer.

Under the updated agreement, Pilot Energy will make staged payments totalling $6.5 million to Triangle. This includes $4.5 million for Arrowsmith, with $400,000 due on October 18, 2024, and $4.1 million plus interest on November 29, 2024, increasing to $5 million if delayed further. Additionally, $2 million will be reimbursed for operating costs on October 18.

Further payments are set to follow, including $4 million upon the issuance of a Greenhouse Gas Injection Licence and up to $7.5 million in carbon storage royalties. Pilot Energy will also assume full operational costs for Cliff Head starting October 15, 2024. Triangle expects these payments to support its financial position for future projects, including the Becos well.

#ProactiveInvestors #TriangleEnergy #ASX #PilotEnergy #CliffHeadJV #ArrowsmithSale #SettlementTimeline #CHJV #OilAndGas #ASX #EnergySector #JointVenture #GreenhouseGasLicence #CarbonStorage #EnergyProjects #BecosWell #EnergyTransition #RoyaltyPayments #NOPTA #EnergyNews #FinancialUpdate #OperationalCosts

#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Proactive’s Tylah Tully sits down with Pantoro Ltd (ASX:PNR, OTC:PNTOF) managing director Paul Cmrlec to discuss its September quarterly results.

Pantoro produced 21,374 ounces of gold at the Norseman Gold Project in Western Australia during the September quarter, marking a 3% increase compared to the previous quarter.

The company achieved an EBITDA of $32.5 million for the period. The all-in sustaining cost (AISC) for the quarter was $2,395 per ounce and Pantoro’s cash and gold reserves grew by $8.5 million to reach $112.3 million by September 30.

Operationally, the company completed mining activities at the Scotia Open Pit and Green Lantern with output from the OK Underground Mine rising to 9,661 ounces.

The Scotia Underground Mine saw 1,076 metres of development, encountering high-grade ore while planning is underway for an open pit at Princess Royal Mining Centre.

The Norseman processing plant handled 292,718 tonnes, though interruptions, including a scheduled mill reline, resulted in the loss of six days of production and a 1,000-ounce production offset.

Pantoro has recently secured a zero-premium collar for its 2025 gold production, providing exposure to prices up to $4,200 per ounce and has also hedged diesel for 2025 to manage supply risks linked to Middle Eastern conflicts.

#ProactiveInvestors #Pantoro #ASX #GoldProduction #NorsemanGoldProject #WesternAustralia #Mining #GoldMining #QuarterlyReport #ASX #GoldOutput #ScotiaOpenPit #OKUndergroundMine #PrincessRoyalMiningCentre #GoldPrice #EBITDA #DieselHedges #SupplyRisk #GoldMarket #MiningOperations #AISC #AustralianMining

#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest quarterly from Pantoro Ltd (ASX:PNR, OTC:PNTOF).

Pantoro continues steady gold production at the Norseman Project in Western Australia, producing more than 21,000 ounces in the September quarter, marking a 3% increase on the previous quarter. The company reported earnings before interest, tax, depreciation and amortisation (EBITDA) of $32.5 million, with an all-in sustaining cost (AISC) of $2,395 per ounce. As of September 30, 2024, the company’s cash and gold balance rose by $8.5 million, reaching $112.3 million.

Operational highlights include the early cessation of mining at the Scotia Open Pit on September 28 and the completion of Green Lantern mining on October 11. Production at the OK Underground Mine increased to 9,661 ounces and planning has commenced for a new open pit at Princess Royal Mining Centre, expected in March 2025. At the Scotia Underground Mine, 1,076 metres of drilling was completed, revealing high-grade mineralisation.

The Norseman processing plant functioned well, processing 292,718 tonnes, though disruptions caused a loss of six days, reducing output by approximately 1,000 ounces. Additionally, Pantoro secured a zero-premium collar for 2025 gold production, providing exposure to gold prices up to $4,200 per ounce.

#ProactiveInvestors #Pantoro #ASX #JusttheFacts #GoldProduction #NorsemanGold #WesternAustralia #GoldMining #EBITDA #ScotiaOpenPit #MiningUpdate #GoldPrices #ProcessingPlant #GreenLantern #UndergroundMining #AISC #PrincessRoyalMining #GoldOutput #MiningOperations #ZeroPremiumCollar #ScotiaUnderground #OKUnderground #Proactive

#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Suvo Strategic Minerals Ltd (ASX:SUV) executive chair Aaron Banks joins Proactive’s Tylah Tully to discuss the company’s successful transformation of zero-carbon nickel slag into high-strength, low-carbon cement.

Suvo’s tested three samples at Indonesia's Makassar State University (UNM), yielding impressive results, with one sample achieving 37.5 megapascals (Mpa) of strength after only seven days.

This comes after Suvo signed a cooperation agreement with PT Huadi Bantaeng Industrial Park (PT HBIP) in Indonesia, potentially leading to a commercial arrangement.

The agreement involved Suvo's subsidiary, Climate Tech Cement Pty Ltd, incorporating industrial slag by-product from PT Huadi Nickel-Alloy Indonesia (PT HNI), a nickel pig iron operation, into its geopolymer mix-design. The aim is to produce an eco-friendly geopolymer cement as an alternative to traditional clinker-based cement.

Cement production is responsible for around 8% of global greenhouse gas emissions, emitting around 3.2 billion tonnes of CO2 annually.

Suvo's innovation in turning nickel slag into a low-carbon cement alternative offers significant potential in reducing the cement industry's carbon footprint.

Banks highlighted the success of the initial trials and outlined the company’s goal of producing an environmentally friendly alternative to traditional Portland cement.

The nickel slag, supplied by PT Huadi Nickel-Alloy Indonesia (PT HNI), one of Indonesia’s largest nickel producers, has a zero-carbon footprint. This circular economy solution reduces waste from nickel production and lowers emissions in the cement industry.

Suvo now plans further testing in collaboration with UNM, evaluating other properties of the cement, including slump and setting times. The results will be shared with PT HNI, with potential discussions for a partnership and commercialisation of this low-carbon cement product.

#ProactiveInvestors #SuvoStrategicMinerals #ASX #NickelSlag #LowCarbonCement #GreenInnovation #CementIndustry #CircularEconomy #Sustainability #CarbonNeutral #NickelProduction #CO2Reduction #ClimateAction #EVEquivalent #EnvironmentalSustainability #MakassarStateUniversity #PTHuadi #IndonesiaMining #NickelWaste #GreenTechnology #CarbonFootprint #CementTesting

#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Alkane Resources Ltd (ASX:ALK) managing director Nic Earner sits down with Proactive’s Tylah Tully to run through the company’s latest quarterly update.

At its Tomingley Gold Operations in Central West NSW, gold production for the quarter reached 18,418 ounces, in line with the forecast. Site operating cash costs were A$2,000/ounce and the All-In Sustaining Cost (AISC) was A$2,200/ounce.

The site generated A$19.2 million in operating cash flow and gold sales totalled 19,000 ounces, generating A$65 million in revenue at an average price of A$3,400/ounce.

The full-year FY2025 production guidance remains unchanged at 70,000 to 80,000 ounces of gold, with an AISC between A$2,400 and A$2,600/ounce. The higher AISC is attributed to increased decline development costs.

At its Tomingley Gold Extension Project construction on the paste plant and the process plant’s flotation and fine grinding circuit is on schedule for commissioning in Q4 2024.

Mineral resources and ore reserves for Tomingley were re-estimated, resulting in an 11% net increase in reserve ounces. Total mineral resources are estimated at 24.27 million tonnes grading 2.12 g/t gold for 1.656 million ounces with ore reserves at 11.76 million tonnes at 1.9 g/t for 705,000 ounces.

Early-stage exploration at the Rockley Project, 35 kilometres south of Bathurst, identified base metal alteration and generated new prospective targets.

Exploration activities around Boda-Kaiser focused on re-assaying and passive seismic surveys and the drilling of bores for groundwater monitoring.

Cash, bullion and listed investments totalled A$50 million at the end of the quarter, with an additional A$15 million available from the undrawn portion of the A$60 million project finance facility.

Significant investments of A$30 million were made in Tomingley’s expansion projects, nearing completion by the end of the year.

#ProactiveInvestors #AlkaneResources #ASX #TomingleyGoldOperations #GoldMining #GoldProduction #ExplorationUpdate #MiningNews #RoswellDeposit #GoldReserves #TomingleyExpansion #NewellHighway #PastePlant #GoldExploration #RockleyProject #BodaKaiser #AISC #MineralResources #UndergroundMining #GoldRevenue #MiningAustralia #QuarterlyReport #MiningInvestments

#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Proactive's Billy Farrington discusses the latest movements in the crypto markets with Stephen Gunnion. He provided insights into Bitcoin's performance this week, highlighting a 2.5% decline mid-week due to mixed US macroeconomic data. Farrington explained that while inflation in the US decreased, it wasn’t as significant as expected, creating some uncertainty for the crypto market.

Looking forward, he predicted Bitcoin would continue to move sideways leading up to the US election, with the potential for significant changes depending on the election’s outcome and regulatory decisions, particularly regarding the SEC.

Farrington also shared some positive indicators for Bitcoin, including a record-high market cap for stablecoins and a three-year low of Bitcoin on exchanges. These fundamentals suggest strong support for the crypto sector moving forward.

To hear more about Farrington's predictions and analysis, watch the full interview.

For more videos on Bitcoin and other crypto topics, visit Proactive's YouTube channel. Don’t forget to like this video, subscribe to the channel, and enable notifications for future updates.

#BitcoinNews #CryptoUpdate #Cryptocurrency #Stablecoins #CryptoMarket #BitcoinPrice #USElection #BitcoinPrediction #BitcoinAnalysis #ProactiveInvestors#ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Nextech3D.AI CEO Evan Gappelberg talked with Proactive's Stephen Gunnion about the launch of the company’s new AI-driven lifestyle image generator. This cutting-edge technology is poised to transform the e-commerce space by offering an affordable, high-quality alternative to traditional photography. The AI tool takes 3D models and places them into lifestyle scenes, creating 4K images for e-commerce platforms like Amazon, eBay, and Etsy.

Gappelberg highlighted the technology's ability to increase conversion rates by up to 30% for online sellers, thanks to its stunning visuals and instant results. He also discussed the technology's versatility, stating that it can be used for both 3D models and 2D product photography. This pay-as-you-go service is available to merchants across major platforms, making it a scalable, high-profit solution for businesses of all sizes.

In Gappelberg's words: “We're already seeing demand start to come in... and we're talking with Amazon about getting this technology on the Amazon platform itself.”

Stay tuned for more updates as Nextech3D.AI continues to innovate in the e-commerce space.

Make sure to visit Proactive’s YouTube channel for more videos, and don’t forget to like, subscribe, and enable notifications for future content.

#Nextech3D #AIImageGenerator #EcommerceInnovation #AmazonSellers #3DModeling #LifestyleImages #TechForRetail #EcommerceSales #AIDrivenTools #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Proactive’s Tylah Tully breaks down 'Just the Facts' of the latest news from Kinetiko Energy Ltd (ASX:KKO, OTC:KKOEF).

Kinetiko is advancing its shallow conventional gas projects in South Africa, focusing on reducing the country’s reliance on coal and imported energy.

The company's flagship Mpumalanga Project is set to deliver significant gas volumes to support South Africa’s energy transition to cleaner and more reliable sources.

Over the past year, Kinetiko has successfully completed drilling and coring campaigns in blocks ER272 and ER270, consistently striking gas.

This has resulted in a 2C contingent gas resource of 6 TCF and a maiden 2P gas reserve of 6.4 BCF, representing only a small portion of the company's overall acreage.

The upcoming five-well production test program, scheduled for Q4 next year, will provide crucial data to refine production models and secure stable gas flow rates for commercial production.

Kinetiko also demonstrated the commercial viability of its gas production through a partnership with FFS Refiners, using a 1.2 MW gas generator.

The company plans to develop an LNG facility from this field, with a target to deliver its first LNG production cluster within 18 months.

#ProactiveInvestors #KinetikoEnergy #ASX #NaturalGas #LNGProduction #EnergyTransition #SouthAfricaEnergy #GasExploration #FFSRefiners #GasProjects #CleanEnergy #GasReserves #EnergyInnovation #EnergySecurity #ShallowGas #SustainableEnergy #ResourceDevelopment #LNGFacility #CleanerEnergy #GasProduction #SouthAfrica #EnergyUpdates