ALL THE NEWS
PharmAust strikes Japanese research and patent collaboration
/in Uncategorized /by Wally GrahamTHE ROADHOUSE PHARMACY: PharmAust Limited (ASX: PAA) has established a joint intellectual property (IP) position with a Japanese partner. PharmAust explained the partner company is the same, yet to be named, Japanese corporation it had signed a Materials Transfer Agreement (MTA) with in July 2013. According to PharmAust the joint IP allows it to access […]
Irish marketing authorised for ILUVIEN
/in Uncategorized /by Wally GrahamTHE ROADHOUSE PHARMACY: pSivida Corp. (ASX: PVA) announced the Irish Health Products Regulatory Authority (HPRA) has granted marketing authorisation to ILUVIEN® for the treatment of vision impairment associated with chronic diabetic macular edema (DME) considered insufficiently responsive to available therapies. The company said the Irish grant marks the 13th country in which ILUVIEN has been […]
Elvis has left the building
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. Director Retirement Potash West (ASX: PWN) announced George Sakalidis has notified the company of his intention not to stand for re-election as a non-executive director. Accordingly he will retire as of the company’s Annual General Meeting on 26 […]
Fund Raising across the Boards
/in Uncategorized /by Wally GrahamTHE FUND RAISER: There seems to be enough going on to suggest interest in the resources sector still exists. $7 million JOGMEC Farm-in gets FIRB nod Peel Mining (ASX: PEX) announced the Memorandum of Agreement (MoA) executed by Japan Oil, Gas, and Metals National Corporation (JOGMEC) and Peel (CSP), a wholly-owned subsidiary of Peel, has […]
Poseidon completes Lake Johnston acquisition
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Poseidon Nickel (ASX: POS) has completed the acquisition of the Lake Johnston nickel project from Norilsk. The company said it is planning to return Lake Johnston and its Mt Windarra nickel project to production within six months of final financing and completion of a Definitive Feasibility Study for the Lake Johnston. Poseidon […]
IMX confirms Chilalo graphite discovery
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: IMX Resources (ASX: IXR) has received the first intersection assays from a Reverse Circulation (RC) drilling program carried out at the Chilalo graphite project, located on the company’s Nachingwea property in Tanzania. The assays are from six holes drilled at Chilalo, where drilling returned a number of near-surface intersections including: Hole NRC14-140 […]
Hi Ho, Hi Ho, it’s off to work we go
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Each week any number of junior exploration plays set out to drill their ground. Here’s a small selection of what’s been happening this week. Drilling zinc-silver copper-gold targets at Menninnie Dam Musgrave Minerals (ASX: MGV) has commenced a drilling program to test three base metal targets at the Menninnie Dam project in […]
Comparative Valuations (Part One)
/in Uncategorized /by Wally GrahamGUEST COMMENTATOR: So, how often have you heard a company representative say “we are undervalued with respect to our peers”? It is a comment I have heard a lot in my time as an analyst, and the company may well be undervalued as compared to its peers -but there often is a reason for this […]
Comparative Valuations (Part 2)
/in Uncategorized /by Wally GrahamGUEST COMMENTATOR: Breakaway Research senior analyst Mark Gordon continues his explanation of how he compares resource companies. Exploration and Development Companies with Defined Resources The next case I will discuss is comparing companies with defined resources. Here I will look at two recent notes – Anova Metals, a pure gold play, and Avalon Minerals, a […]
What the Analysts Say
/in Uncategorized /by Wally GrahamWHAT THE ANALYSTS SAY: Interesting news and views from across the Resource Analyst universe. Website: www.beerandco.com.au Company: Argent Minerals (ASX: ARD) Argent Minerals’ focus project is Kempfield, 50 kilometres from Bathurst in New South Wales, in the Lachlan Orogen. Its current Resource estimate, of 21.8 million tonnes at 47g/t silver includes 86,000 ounces of gold, […]