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The ASX200 is set to post significant gains with futures up over +0.60% near 8.30am AEDT on Thursday after US Fed chief Powell pointed to 3 cuts in 2024.
Shame we never got that March rate cut after all. Memories are short in this industry.
Stocks catching eyes this morning:
Australian Strategic Materials (ASM) has made a fairly large announcement.
The company has received an “A$923M letter of interest.”
That letter comes from USEXIM.
Shares last at $1.19.
Vection Technologies (VR1) has posted an update on cashflow.
The company has received $4.2M.
That money comes from the payer of a defence contract.
Shares last 2.7c.
Brightstar Resources (BTR) has a cashflow update, too.
The company says cash from its Selkirk gold pours are to “materially exceed budget.”
The company didn’t offer a headline figure.
Shares last 1.6c.
Gold Mountain (GMN) has an exploration update.
The company says it’s identified rock that could potentially become drilling targets.
Despite the company’s name, it’s actually looking for REEs.
Shares last 0.3c.
Lucapa Diamond (LOM) has another rock hard find for the market to consider.
The company has recovered a 203 carat diamond.
This one comes from the company’s Lulo field.
Shares last 10.5c.
