Proactive - Interviews for investors

Magnetite Mines Ltd (ASX:MGT) CEO Tim Dobson joins Proactive’s Jonathan Jackson to discuss a non-binding Heads of Agreement with JFE Shoji Australia Pty. Ltd. (JFE), a subsidiary of JFE Shoji Corporation. This agreement outlines the terms for negotiating a binding transaction. JFE will provide funding for the completion of the Razorback Iron Ore Project's Definitive Feasibility Study (DFS) and, in return, will receive rights to up to 10% of the ‘DR-grade’ magnetite concentrate production over a 15-year period. JFE also has the option to convert these rights into equity or joint venture participation. Both companies aim to finalise a definitive agreement by January 31, 2025.

Dobson highlighted the strong relationship formed with JFE over the past year and expressed optimism about the long-term collaboration and how the strategic alignment of the Razorback Project aligns with global decarbonisation efforts. South Australian Minister for Energy and Mining, Tom Koutsantonis, endorsed the agreement, aligning it with the state's Green Iron and Steel Strategy.

This agreement follows extensive due diligence by JFE, including site visits since April 2023. The companies plan to develop the project through a joint venture, leveraging mutual strengths to meet the rising demand for green iron.

#ProactiveInvestors #MagnetiteMines #ASX #JFE, #RazorbackProject, #IronOre, #MiningAgreement, #FeasibilityStudy, #JointVenture, #GreenIron, #Decarbonisation, #Steelmaking, #Australia, #Japan, #ResourceDevelopment, #StrategicPartnership, #MiningNews, #IronProduction, #SustainableMining, #EnergyAndMining, #Investment, #GlobalSteelmakers

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

Botala Energy Ltd (ASX:BTE) CEO Kris Martinick joins Proactive’s Jonathan Jackson to discuss a 42% increase in the 2C Contingent Resources within its Serowe Coal Bed Methane (CBM) Project in Botswana, bringing the total to 454 billion cubic feet (bcf) after a recent recertification by Sproule in the USA. This increase stems from extensive exploration and improved mapping techniques, resulting in a better understanding of CBM potential. The new low estimate of 363 bcf (2C) surpasses the previous best-case estimate of 317 bcf (2C).

This upgrade occurs as southern Africa faces a predicted gas shortage by 2026, as forecast by Sasol. Botala's strategic location and increased resources enhance its potential to significantly contribute to energy security in Botswana and the broader region.

Martinick expressed enthusiasm over the resource increase and the project's potential to supply gas to southern Africa, including South Africa's industrial heartland. He highlighted Botala's strong position to leverage this opportunity, anticipating successful gas flow-rate investigations and partnerships that will benefit shareholders.

The updated resource assessment by Sproule includes key points such as the increased 2C Contingent Resources, additional drilling and exploration activities, and new geological insights.

Six additional wells have been drilled since the last report in April 2022, confirming significant coal intervals with free gas. The updated assessment also factors in a 15% reduction in coal volumes due to dolerite intrusions.

Future steps involve further production testing to classify resources as reserves, with a phased exploration and testing program planned to achieve feasibility and commerciality.

#ProactiveInvestors #BotalaEnergy #ASX #CBMProject #EnergySecurity #GasResources #SouthernAfrica #Botswana #CoalBedMethane #GasFlow #Exploration #ResourceAssessment #EnergySupply #IndustrialHeartland #KrisMartinick #SprouleReport #ResourceIncrease #EnergyMarket #GasShortage #ProductionTesting #EnergyDevelopment #CommercialGas

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

London's FTSE 100 rose at the open on Friday as the Labour party swept to victory in the general election.

Housebuilders led the charge as Labour vowed to kickstart the development of thousands of additional new homes.

Barratt Developments, Vistry Group, Persimmon and Taylor Wimpey were among the top risers, shrugging off a 0.2% decline in house prices in June.

The Halifax House Price Index showed a £476 decrease in the average house price to £288,455.

Over the past year, prices have risen by 1.6%, with a modest increase of 0.4% since the beginning of 2024.

Meanwhile, Shell is expected to write down up to $1 billion in impairment charges after pausing construction of its 820-000-tonne-per-year biofuels facility in Rotterdam, the Netherlands.

In a second-quarter trading update, the oil major said it expects non-cash post-tax impairments of up to $2 billion, with up to half of that arising from pausing on-site construction of the Rotterdam facility.

#proactiveinvestors #proactiveinvestors #marketreport #ftse #ftse100 #election2024 #housebuilds #barrat #persimmon #halifax #taylorwimpey #vestrygroup #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Tempest Minerals Ltd (ASX:TEM) managing director Don Smith is back in the Proactive studio after the company received permitting approvals for a drilling program at the Remorse copper-zinc target, part of the flagship Yalgoo Project in Western Australia.

The initial plan is to complete 5,000 metres using a reverse circulation (RC) drilling rig, expected to start in mid-July. Of course, the program's commencement is contingent on the completion of earthworks, which had previously been delayed due to heavy rainfall partially flooding the area.

The Remorse target was selected based on geochemical and geophysical anomalies identified during surveys, wherein Tempest has interpreted a 4-kilometre area as prospective for copper-zinc mineralisation.

To further investigate, the company conducted a second extensional geochemical survey, collecting some 80 soil samples. These samples will undergo Ultrafine assay and Boxscan technology for comprehensive analysis, with results also expected in mid-July.

With the permit approvals in hand, Tempest has confirmed that all preparations are complete and the team is ready to begin earthworks and drilling as soon as weather and ground conditions permit.

The announcement comes soon after the explorer secured the rubber stamp for an exploration incentive scheme (EIS) grant, expected to co-fund exploration over the FiveWheels Base Metals Project in Western Australia.

The grant will provide $230,000 in funding to support the program, which will take place in the 2024-25 financial year. Consequently, Tempest is gearing up for an airborne gravity and magnetic geophysical survey over the FiveWheels asset, which bears geographical similarities to Rumble Resources Ltd (ASX:RTR, OTC:RTRFF) and Strickland Metals Ltd (ASX:STK)'s nearby base metals discoveries.

#ProactiveInvestors #TempestMinerals #ASX #TEM #YalgooProject #CopperZinc #DrillingProgram #WesternAustralia #Mining #MineralExploration #GeochemicalSurvey #GeophysicalSurvey #SoilSampling #RCDrilling #Earthworks

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

Torr Metals CEO Malcolm Dorsey joined Proactive's Stephen Gunnion after the government of Ontario granted a three-year exploration permit for drilling at its Filion gold project.

This significant advancement allows the company to further develop the 260 km² project in northern Ontario, which benefits from excellent infrastructure, including access to the Trans-Canada Highway 11, rail, road, and power grid. The project operates out of Kapuskasing, negating the need for remote exploration camps and enabling low-cost exploration.

Dorsey said the project, acquired through staking in October 2023, has shown promising early results. Torr Metals' exploration model identified structural controls and stratigraphy indicative of significant gold deposits. Historical high-grade samples, up to 91g per tonne gold, and initial reconnaissance programs have yielded encouraging results. Six gold soil anomalies were identified, with the largest anomaly having a strike length of 1,200 meters and a width of 250 meters. Soil assays returned up to 1.3g per tonne gold.

With the exploration permit, Dorsey said the company plans to drill and extend the soil anomaly potentially to 2.5 km in length. Additional work may include soil sampling and ground magnetic surveys. Investors should expect updates on site mobilization and exploration program developments.

#TorrMetals #Mining #GoldExploration #Ontario #FilionGoldProject #Infrastructure #ExplorationPermit #Kapuskasing #GoldAnomalies #SoilSampling #DrillingPermit #GoldDeposits #MiningNews #ExplorationUpdate #NaturalResources #Investment #MineralExploration #GoldMining #MiningIndustry #ResourceDevelopment #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

CVW CleanTech CEO Akshay Dubey discussed the company's innovative technology aimed at reprocessing tailings from oil sands mining with Proactive's Stephen Gunnion.

Dubey explained that the process recovers valuable hydrocarbons, zircon, and titanium from waste, significantly reducing fugitive methane emissions by over 90% and aiding in environmental remediation. CVW CleanTech targets Alberta's oil sands mining sector, particularly six major sites operated by Imperial Oil, Canadian Natural Resources, and Suncor, which collectively produce about 1.5 million barrels of oil daily.

Dubey highlighted CVW CleanTech's contribution to meeting environmental, social, and governance (ESG) goals, aiding oil companies in achieving net-zero emissions by 2050. The technology also addresses the sustainability of tailings ponds, the largest source of fugitive methane emissions in Canada.

The company has formed a partnership with local indigenous communities, providing them with investment opportunities and ownership stakes, fostering social and economic benefits. Additionally, a collaboration with the University of Alberta aims to develop processes for recovering rare earth elements, such as monazite, further enhancing the company’s environmental impact.

Dubey expressed optimism about the future deployment of their technology and the positive reception from stakeholders.

#CVWCleanTech, #OilSands, #CleanTechnology, #EnvironmentalInnovation, #ESG, #Sustainability, #MethaneReduction, #TailingsReprocessing, #HydrocarbonRecovery, #MineralRecovery, #IndigenousPartnerships, #UniversityOfAlberta, #RareEarthElements, #AlbertaOil, #NetZero2050, #GreenTech, #EnvironmentalImpact, #Zircon, #Titanium, #Canada #proactiveinvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Group Eleven Resources Corp CEO Bart Jaworski joined Proactive's Stephen Gunnion with news that the company hopes for a second major zinc discovery at its Carrickittle West prospect in the Republic of Ireland.

Jaworski said initial drilling at Carrickittle West indicated substantial intervals of sulphide mineralization, with evidence of a major fault which may be crucial for mineralization. The company plans a 1,700m drill program, aiming to complete it by year-end,

He also highlighted the company's first significant zinc-lead discovery in Ireland, Ballywire, with 29 drilled holes showing mineralization over a 2.6 km strike length, within a 6 km prospective trend. The most notable result was 30m of 11% zinc and 80g/t silver. Glencore is the largest shareholder, with Michael Gentile also holding a significant stake.

Jaworski elaborated on the bullish outlook for zinc, driven by global supply constraints and reduced treatment charges, indicating a tight concentrate market. Upcoming news includes drill results from Ballywire and Carrickittle West, suggesting a busy second half of the year for Group Eleven Resources.

#GroupElevenResources, #ZincDiscovery, #LeadDiscovery, #Mineralization, #Ballywire, #Carrickittle West, #MiningUpdates, #Ireland, #Glencore, #MichaelGentile, #DrillingProgram, #ZincMarket, #BullishOutlook, #SupplyConstraints, #MiningExploration, #ResourceInvestment, #MetalMining, #ExplorationUpdates, #MiningNews, #ResourceDevelopment #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Delivra Health Brands Inc. (TSX-V:DHB) CEO Gord Davey discusses the company’s recent expansion efforts in the Middle East during an interview with Proactive's Stephen Gunnion.

Davey highlighted a successful trip to Dubai, where Delivra has partnered to target the United Arab Emirates (UAE) as a new sales territory. This move aligns with the company's strategy to expand its brand presence in the region. Delivra's product, Dream Water, which is already registered as a drug product and widely available in pharmacies across Saudi Arabia, will now be distributed throughout the UAE.

Davey acknowledged the challenges faced during the nine-month process of regulatory approvals but credited their local partner’s expertise in navigating these complexities. He emphasized the significant market potential in the UAE, driven by a growing population and widespread sleep issues, which Dream Water aims to address.

Looking ahead, Davey mentioned ongoing efforts to expand into additional territories in the Middle East, although he did not specify which countries due to pending regulatory approvals. He assured that the company is committed to global growth and will continue to update shareholders on progress.

#DelivraHealthBrands #GordDavey #Dubai #UAE #MiddleEastExpansion #DreamWater #Pharmacies #SleepAid #RegulatoryApproval #MarketExpansion #GlobalGrowth #SaudiArabia #HealthProducts #DubaiMarket #PharmacyDistribution #HealthAndWellness #SleepSolutions #BusinessGrowth #InternationalMarkets #HealthIndustry #CEOInterview #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

London's blue chips surged at the open in what could be the last day with Rishi Sunak as prime minister, with Brits heading to local polling stations for the first general election in nearly five years.

Labour, going off multiple final polls, is set for a landslide victory today, but questions are seemingly now turning to whether Kier Starmer's party will take the 210-seat gap required to make it largest majority in UK parliamentary history.

Meanwhile, in a quiet day in the world of business, Victrex, the FTSE 250 polymer maker, reported a strong performance in the third quarter with group volume increasing by 20% to 979 tonnes compared to the same period last year. Revenue in the period rose by 2% year-on-year to £74 million.

Tesco has revealed its staff have received a total of £30 million from its share scheme, which offers workers discounted investment opportunities in the UK's largest supermarket. A worker who invested an average of £68 a month over the last five years is set to be awarded profits of more than £2,500.

Finally, preliminary car registration data from the UK's industry body revealed it crossed the million mark in the first half of 2024, a feat not achieved since the pandemic.

#ProactiveInvestors #marketreport #ftse #ftse100 #footsie #victrex #election2024 #tesco # #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Franchise Brands executive chairman Stephen Hemsley speaks to Proactive's Stephen Gunnion about the company's achievements in 2023 and the strategic focus moving into 2024.

Hemsley highlighted the doubling in size through the Pirtek acquisition, contributing to record profits for the year. Despite some market challenges, particularly in Q4, Hemsley expresses confidence in the company's performance and outlines key strategies for debt reduction and business integration up to 2027.

Hemsley noted, "2023 was a game of two halves. The year started very strongly for all the businesses, including Pirtek, but softened towards the end of the year." He also elaborated on the impact of specific market headwinds and how the company is compensating with growth in other sectors like waste management and transport.

Looking ahead, the primary focus for Franchise Brands is on integrating its acquisitions and leveraging operational efficiencies to repay debt. Hemsley explained the importance of growing system sales through the maximum potential model, which helps franchisees expand their market reach.

The 2023 annual results presentation can be viewed here: https://www.franchisebrands.co.uk/wp-content/uploads/2024/06/2023-Annual-Results-Investor-Presentation-UPDATED.pdf

Don't miss this insightful discussion on Franchise Brands' growth trajectory and future plans. Visit Proactive's YouTube channel for more videos, and don't forget to like, subscribe, and enable notifications for future content.

#FranchiseBrands #StephenHemsley #BusinessGrowth #PirtekAcquisition #2023Results #BusinessIntegration #WasteManagement #TransportSector #OperationalGearing #ProactiveInterviews #FranchiseExpansion #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews