Proactive - Interviews for investors

Cooper Metals Ltd (ASX:CPM) managing director Ian Warland tells Proactive’s Jonathan Jackson that the company is making substantial progress at its Brumby Ridge Project in northwest Queensland, having recently completed a significant drilling campaign. The campaign comprised four diamond drill holes spanning 1,054 metres and five reverse circulation (RC) drill holes covering 1,044 metres. With around 500 samples under analysis at a laboratory in Mount Isa, expectations are high for the late April results.

The drilling has yielded positive preliminary findings, notably from three scissor holes which followed up on a previous drill hole that encountered 71 metres at 2.8% copper. One such hole, 24MERC003, revealed over 60 metres of visual disseminated sulphides and intersected a mineralised fault breccia zone, suggesting a complex geological structure at play.

Warland expressed optimism about the project's potential, noting the extensive disseminated sulphides and the mineralised fault breccia zone's significance. Despite current weather-related pauses in drilling, plans are set to resume shortly, with a comprehensive RC drilling program targeting multiple prospects.

Cooper Metals is poised for a busy period of exploration and development, aiming to further uncover the extent and grade of the mineralisation at Brumby Ridge and surrounding prospects. With the assays pending and further drilling on the horizon, the company is at a pivotal point in assessing the full potential of this promising project.

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Fah Mai Holdings Group Inc (OTC:FMHG) UK head and manager of @whiskybullauctions Jacob Carter discussed trends in the whisky auction market with Proactive's Stephen Gunnion.

Carter noted that over the first three months of 2024, there has been a stabilisation in Scotch whisky prices, while Japanese whisky continues to experience a decline from its peak in April 2022. The bottle market is anticipated to improve and return to its former prominence by September 2024, offering bottle traders more market flexibility compared to cask trading, which requires a longer investment period.

Carter said a recent market pullback has created opportunities to purchase rare bottles at lower prices, potentially leading to profits as the market recovers. In line with Fah Mai Holdings' approach, he highlighted @whiskybullauctions' policy of transparency and honesty in market dealings to prevent investors and collectors from overpaying or getting stuck with unsellable items.

Reflecting on the past 12 months, Carter noted significant fluctuations in auction prices for rare whiskies, with some notable declines in value but an overall slow recovery in prices. He emphasized the importance of honesty and education in the whisky investment and collecting community.

#WhiskyMarketTrends #FahMaiHoldings #WhiskyBullAuctions #ScotchWhisky #JapaneseWhisky #BottleMarketRecovery #RareBottleInvesting #AuctionMarketInsights #WhiskyCollecting #MarketFluctuations #ProactiveInvestors ##invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Proactive journalist Billy Farrington discusses the recent performance of Bitcoin, highlighting its volatile week influenced by macroeconomic factors in the US.

The manufacturing and employment sectors showed hotter-than-expected data, initially boosting markets, including Bitcoin. However, Federal Reserve Chair Jerome Powell's indication that anticipated interest rate cuts might not occur due to this data caused Bitcoin to drop by 7% on Tuesday. Although some recovery was seen, Bitcoin looked set to end the week about 4% lower, trading at $66,840, below the $74,000 all-time high.

Farrington noted the unexpected resilience in Bitcoin ETF cash inflows, with significant amounts recorded in recent days, yet this did not lead to as strong a market bounce as anticipated, possibly due to inflationary fears.

Farrington then compared Bitcoin's performance with Ethereum, observing that Bitcoin has outperformed Ethereum, which is down 12% month-to-month against Bitcoin. This trend may indicate a risk-off sentiment within crypto markets, with investors favouring Bitcoin over riskier altcoins. The lack of catalysts for Ethereum, compared to Bitcoin, also contributes to its underperformance. Nevertheless, recent SEC movements to consider Ethereum ETFs might change this dynamic.

Lastly, Farrington covered Ripple Labs' surprising announcement of entering the stablecoin market with its own dollar-pegged cryptocurrency. Given Tether's dominance in the stablecoin market, it raises questions about what Ripple Labs aims to achieve. Despite controversies surrounding stablecoins, particularly related to transparency and regulation, Ripple Labs' entry could introduce new dynamics into the market.

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Global Energy Metals CEO Mitchell Smith joined Steve Darling from Proactive to shared significant developments regarding the company's agreements with Fulcrum Metals Plc and Terra Balcanica Resources Corp.

Firstly, Smith announced that Global Energy Metals has terminated its agreement with Fulcrum Metals Plc and has entered into a new deal with Terra Balcanica Resources Corp. This strategic move facilitated a new partnership between Fulcrum and Terra, where Terra intends to acquire a 100% interest in Fulcrum's uranium projects.

As part of the termination of the prior agreement with Fulcrum, Global Energy Metals will receive compensation equivalent to C$150,000 in shares in Terra upon the closing of the option agreement between Terra and Fulcrum. Additionally, Global Energy Metals will be granted a 0.5% Net Smelter Returns (NSR) royalty over the Saskatchewan-based project portfolio, which encompasses 596.71 square kilometers of highly prospective ground for uranium discovery.

Smith highlighted that the project portfolio targets major NE-SW trending structures along strike from historic uranium mines and projects. This new agreement will bolster Global Energy Metals' existing project, royalty, and equity portfolio to now include uranium, further demonstrating the company's ability to monetize assets for the benefit of shareholders.

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The FTSE 100 slipped as the week’s final day of trading got underway on news house prices stagnated in March.

At just over £288,000, average prices fell 1% from February and climbed just 0.3% on a year earlier, sending shares in housebuilders lower in early exchanges.

Among companies, Shell pleased the market by increasing first-quarter gas production guidance in an update, despite news the oil firm’s renewable wing could face losses.

AstraZeneca failed to reinvigorate its own shares though, with news phase three trials of small cell lung cancer treatment Imfinzi showed better survival rates among patients.

And finally, elsewhere, McDonald’s unveiled plans to repurchase its Israeli business following a boycott of the fast food chain on the back of the Israel-Hamas conflict.

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IonDrive Ltd (ASX:ION) CEO Ebbe Dommisse tells Proactive’s Jonathan Jackson how the company is forging ahead in the battery recycling sector, bolstered by a Rho Motion study which validates its strategic market position.

The study projects a robust annual growth rate for battery recycling, driven by escalating demand for electric vehicle minerals, with expected feedstock expansion at a 25% CAGR, reaching two million tonnes by 2030.

IonDrive's bench trials in Adelaide and Perth are progressing to de-risk its innovative recycling process. Dommisse expressed satisfaction with these developments, underscoring the company's commitment to sustainable recycling solutions.

IonDrive is on track to complete its pre-feasibility study by June, aiming to refine commercial strategies and solidify its market presence. With its focus on technological and execution de-risking, Iondrive is positioning itself as a pivotal player in the expanding battery recycling market.

#ProactiveInvestors #IonDrive #ASX #BatteryMetals #BatteryRecycling #Recycling

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Nic Matich, the managing director of Pinnacle Minerals Ltd (ASX:PIM), joins Proactive to discuss the company's strategic focus on technology minerals in Australia and Canada. Pinnacle is quickly advancing the Adina East Lithium Project in Quebec, Canada, in collaboration with the E&D Fund. Currently, Pinnacle is gearing up to drill lithium targets at Adina, with significant developments expected in the coming months.

Meanwhile, notable progress is being made at the Wirrulla Uranium and Rare Earth Project in South Australia. Stakeholder engagements have been promising, paving the way for a drilling campaign in 2024.

Matich emphasises its investment appeal through a tight capital structure and a low enterprise value (EV), positioning itself as a key player in the technology minerals sector. The company's diligent assessment of the Manna West Lithium Project and the strategic advancements at Wirrulla underline its commitment to expanding its portfolio and enhancing shareholder value.

#ProactiveInvestors #PinnacleMinerals #ASX #TechnologyMetals #Lithium #RareEarthElements #Uranium

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Kula Gold Ltd (ASX:KGD) managing director Ric Dawson sits down with Proactive’s Jonathan Jackson to discuss the strides that the company is making in gold exploration, which is its primary focus in 2024.

The company recently reported promising gold mineralisation, with notable assays at the historic Camilleri Mine and Jarvis prospects, indicating gold grades up to 11.2 g/t.

This discovery aligns with Kula Gold’s strategic focus on gold and lithium across Western Australia, including the Kirup and Marvel Loch projects.

Kula Gold is advancing its exploration endeavours near historical gold mines and the company’s diversified portfolio and strategic land holdings in mineral-rich regions underscore its potential for hosting significant deposits.

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Torque Metals Ltd (ASX:TOR) managing director Cristian Moreno talks with Proactive’s Jonathan Jackson about drilling at the company’s Paris Gold Project in Western Australia, which aims to expand high-grade gold structures across several prospects.

The 6,500-metre campaign is set to explore the Paris, Observation, HHH and Eva prospects, focusing on a 2.5 kilometres by 1 kilometre area influenced by the Boulder Lefroy System.

This region exhibits potential for multiple deposits within a broader mineralised system, underpinned by parallel structures and splays.

Moreno expressed confidence that this extensive drilling program will substantiate the gold endowment at Paris and help to transform it into a significant resource.

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Lithium Energy Ltd (ASX:LEL) general manager of projects Graham Fyfe sits down with Proactive’s Jonathan Jackson to discuss a pivotal agreement with NOVONIX Ltd to merge Queensland graphite assets, leading to the formation of Axon Graphite Ltd.

This strategic move aims to amass a high-grade graphite inventory, propelling the development of an Australian-based, vertically integrated battery anode material (BAM) business.

Axon Graphite, which plans to IPO, will focus on leveraging the combined strengths of the Burke and Mt Dromedary graphite deposits, optimising operational synergies and economies of scale.

Lithium Energy shareholders stand to gain from this venture, with a priority offer and retained interest in Axon, highlighting a promising trajectory for this dedicated Australian graphite enterprise.

#ProactiveInvestors #LithiumEnergy #ASX #BatteryMetals #Graphite

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