Explorers Podcast: ACM
Stockhead's 'Garimpeiro' columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast.
In this edition, Barry catches up with Australian Critical Minerals (ASX:ACM) managing director Dean de Largie, a company which he thinks has a lot of leverage and multiple re-rating events coming on the horizon.
Recent news has been the company's acquisition of advanced Peruvian assets which it considered just too good to pass up, and there are other irons in the ACM fire to keep an eye on as the company gets ready over drill-ready targets it believes have exceptional scope for discovery.
This podcast was developed in collaboration with Australian Critical Minerals, a Stockhead advertiser at the time of publishing.
The interviews and discussions in this podcast are opinions only and not financial or investment advice. Listeners should obtain independent advice based on their own circumstances before making any financial decisions.
Originally published as Explorers Podcast: Australian Critical Minerals readies for Peruvian polymetallic perforation
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News.com.au
2 hours ago
- News.com.au
Lunch Wrap: ASX dragged down by sinking China steel and flying missiles
ASX falls as China steel sinks miners Iran hits Israeli labs with cluster bombs Oil jumps then eases on Trump's comments The ASX was down 0.55% at around lunch time in the east on Friday, and you can't blame Wall Street for this one. The Yanks were out celebrating Juneteenth with the markets shut. But Europe was wide awake, and the headlines coming out of the Middle East were enough to wipe the smile off any trader's face. Iran is apparently lobbing missiles with cluster bombs into Israeli suburbs. These things burst mid-air and scatter mini-bombs over a wide area, with one landing in someone's backyard in Azor. Tehran also targeted Israel's scientific crown jewel, the Weizmann Institute of Science. Years of research in life sciences and physics gone up in smoke. With that as the backdrop, Brent crude spiked as punters braced for a possible US strike on Iran. But then Trump walked it back a bit. His team now reckons there's a 'substantial chance' of negotiation, with a decision 'within two weeks'. Those comments took the edge off, with oil prices coming back down a tad. Elsewhere, the Bank of England kept rates on hold at 4.25% last night. Three policy members wanted a cut, and there's now a decent chance of a trim come August. Over in Russia, the Kremlin's economy minister just admitted the country's 'on the brink' of recession, pointing to weakening indicators. Not something you usually hear from Putin's camp. Back home, the ASX was already on the ropes before the opening bell thanks to China's steel numbers. Steel production slumped nearly 7% in May, way below expectations, and that sent our iron ore stocks tumbling once again. Rio Tinto (ASX:RIO) fell 0.5% and Bluescope Steel (ASX:BSL) dropped 1% this morning. And, Web Travel Group (ASX:WEB) slipped 1.5%, though it wasn't all bad. Former Virgin Australia boss Paul Scurrah is joining the board alongside retail veteran Melanie Wilson from JB Hi-Fi and Oroton. This is where things stood at around 12:40pm, AEST: ASX SMALL CAP WINNERS Here are the best performing ASX small cap stocks for June 20 : Security Description Last % Volume MktCap GMN Gold Mountain Ltd 0.002 50% 442,562 $5,619,759 JAV Javelin Minerals Ltd 0.003 50% 270,825 $12,252,298 PV1 Provaris Energy Ltd 0.014 40% 2,589,991 $6,980,013 RNX Renegade Exploration 0.004 33% 321,227 $3,865,090 BMO Bastion Minerals 0.002 27% 986,000 $1,419,960 CAZ Cazaly Resources 0.025 25% 3,014,837 $9,226,060 ALM Alma Metals Ltd 0.005 25% 707,408 $6,345,381 AOK Australian Oil. 0.003 25% 17,657 $2,003,566 AUK Aumake Limited 0.003 25% 176,755 $6,046,718 CR9 Corellares 0.003 25% 3,635 $2,011,213 EDE Eden Inv Ltd 0.003 25% 1,150,129 $8,219,762 FIN FIN Resources Ltd 0.005 25% 100,000 $2,779,554 FLC Fluence Corporation 0.045 25% 1,830,658 $39,071,613 GGE Grand Gulf Energy 0.003 25% 1,458,526 $5,640,850 MEM Memphasys Ltd 0.005 25% 1,004,099 $7,934,392 SRJ SRJ Technologies 0.005 25% 113,950 $2,422,312 ALR Altairminerals 0.003 20% 312,349 $10,741,860 BLU Blue Energy Limited 0.006 20% 3,122,353 $9,254,868 BGE Bridgesaaslimited 0.014 17% 61,111 $2,398,310 NAE New Age Exploration 0.004 17% 50,877 $8,117,734 W2V Way2Vatltd 0.007 17% 500,000 $10,196,818 E79 E79Goldmineslimited 0.023 15% 473,530 $3,168,253 MCA Murray Cod Aust Ltd 1.000 15% 59,465 $92,023,850 BPH BPH Energy Ltd 0.008 14% 625,500 $8,527,630 MPR Mpower Group Limited 0.008 14% 70,398 $2,405,923 Provaris Energy (ASX:PV1) has signed an MOU with global shipping heavyweight 'K' LINE to help commercialise its hydrogen transport vessels, the H2Neo and H2Leo. The tie-up gives Provaris access to technical and commercial know-how as it pushes into Europe, where demand for hydrogen is set to boom. The two will spend the next 12 months working on ship development, cost models and possible commercial deals. It also supports Provaris' supply chain plans in Norway and its earlier hydrogen delivery deals with German utilities. Compressed hydrogen is gaining traction as a cheap, scalable way to ship gas across short marine distances. Bastion Minerals (ASX:BMO) has appointed John Ribbons as its new company secretary, following the resignation of Justin Clyne. Ribbons will take on the role alongside his CFO duties, bringing over 25 years of experience in governance, compliance, and the resources game. The company says the move will streamline operations and save costs. ASX SMALL CAP LOSERS Here are the worst performing ASX small cap stocks for June 20 : Code Name Price % Change Volume Market Cap ADD Adavale Resource Ltd 0.001 -50% 61,313 $4,574,558 BP8 Bph Global Ltd 0.001 -50% 3,216,693 $2,101,969 BCB Bowen Coal Limited 0.195 -44% 1,764,116 $37,715,145 RPG Raptis Group Limited 0.090 -44% 298,705 $56,109,577 BEL Bentley Capital Ltd 0.008 -33% 7,851 $913,535 PKO Peako Limited 0.002 -33% 925,298 $4,463,226 RLC Reedy Lagoon Corp. 0.001 -33% 135,000 $1,165,060 SHP South Harz Potash 0.002 -33% 310,000 $3,308,186 EEL Enrg Elements Ltd 0.002 -25% 532,818 $6,507,557 WEC White Energy Company 0.035 -20% 133 $13,711,276 ATX Amplia Therapeutics 0.195 -17% 20,968,141 $91,168,877 AMS Atomos 0.005 -17% 58,076 $7,290,111 DRE Dreadnought Resources 0.010 -17% 43,202,725 $60,954,000 ECT Env Clean Tech Ltd. 0.003 -17% 5,705,686 $12,020,306 3PL 3P Learning Ltd 0.560 -16% 34,796 $182,847,370 ADR Adherium Ltd 0.006 -14% 100,000 $5,307,296 AS2 Askarimetalslimited 0.006 -14% 400,000 $2,829,195 ASP Aspermont Limited 0.006 -14% 350,000 $17,312,314 AXI Axiom Properties 0.030 -14% 30,000 $15,144,978 AYT Austin Metals Ltd 0.003 -14% 100,000 $5,509,670 EV1 Evolutionenergy 0.012 -14% 1 $5,077,107 M24 Mamba Exploration 0.012 -14% 30,000 $4,132,319 IR1 Irismetals 0.100 -13% 6,342 $19,832,829 ODY Odyssey Gold Ltd 0.020 -13% 2,769,548 $20,674,036 BNR Bulletin Res Ltd 0.054 -13% 107,527 $18,204,026 Bowen Coking Coal (ASX:BCB) collapsed 45% after warning it might have to pause its flagship Burton Mine. BCB said coal prices are in the gutter, and Queensland's royalty regime is, in Bowen's words, flat-out 'unsustainable'. IN CASE YOU MISSED IT QMines (ASX:QML) is in the final stages of acquiring the Mount Mackenzie gold-silver project after completing due diligence. Anson Resources (ASX:ASN) has built a static and dynamic Petrel model for its Green River lithium project in Utah that will help determine the location, design and depth of extraction and disposal wells. Western Gold Resources (ASX:WGR) is transitioning from explorer to producer after inking a binding milling agreement to fast track the Gold Duke mine.
Perth Now
2 hours ago
- Perth Now
Australian shares dip as Trump floats Iran deadline
The Australian share market is trading lower as Middle East strive continues and amid Donald Trump's two-week window to decide whether the US will join Israel's conflict with Iran. The S&P/ASX200 fell 56.2 points, or 0.67 per cent, to 8,466.9, as the broader All Ordinaries slipped 53.9 points, or 0.62 per cent, to 8,687.5. The slump came as the Middle East conflict weighed on investor sentiment and as thin trading conditions due to a US bank holiday sent European equities and US futures lower, market analyst Kyle Rodda said. All signs pointed to a weak finish for the ASX this week. "Like last week where hostilities were boiling over, market participants may be reluctant to hold onto risk exposure over the weekend when a historic US strike on Iran nuclear facilities is an uncomfortably high possibility," Mr Rodda said. Only two of 11 local sectors were trading higher by lunchtime, with both energy and IT stocks up 0.2 per cent. Financials weighed heavily on the bourse, down 1.3 per cent and wiping out Thursday's gains as the big four each lost between 1.2 per cent and 2.2 per cent. The slip came as expectations for a Reserve Bank interest rate cut in July fell from 86 per cent to 78 per cent. Likewise, rate-sensitive consumer-facing stocks were the next worst performing sectors, with discretionaries down 0.9 per cent and staples sinking 0.7 per cent. As attacks in Israel and Iran escalated overnight, oil prices spiked almost three per cent to $US77.50 a barrel, their highest level since January, before settling $US75.83 a barrel after Trump's deadline eased fears of an imminent US attack. Woodside was up a modest 0.5 per cent to $25.77 a share by midday. Materials stocks edged 0.1 per cent lower, as iron ore prices edged higher to take some pressure off large cap miners BHP, Rio Tinto and Fortescue. Gold continues to consolidate tightly to trade at around $US3,380 ($A5,125) an ounce. Australian gold miners were mixed, but larger players Northern Star and Newmont edged higher, while Evolution slipped 0.2 per cent days after multiple UBS downgrades indicated the sector's easy gains could be behind it. The Australian dollar is buying 64.76 US cents, up slightly from 64.71 US cents on Thursday at 5pm.
News.com.au
4 hours ago
- News.com.au
Top 10 at 11: ASX plunges 0.31pc in first hour of trade
Morning, and welcome to Stockhead's Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10.15am, once trading kicks off in earnest. In brief, this is what the market has been up to this morning. ASX flashes red across the board It's been building over the last couple of days, but Aussie traders have officially had enough of the chaos, and they're pulling back sharply in the first hour of trade this morning. After small dips over the last week or so, the ASX has finally pulled back into a correction, losing 0.31%. The sectors are all in the red except energy, but that's barely worth a mention at +0.01% as of about 10:30 am AEST. The All Ords Gold index is also slightly up, adding just 0.04%, but otherwise it's a sea of negatives on the market this morning. We're not alone – European markets fell to month lows last night, and while the US was closed for the Juneteenth holiday, futures are predicting near full percentage point plunges for the S&P500 and Nasdaq tomorrow. As Eddy Sunarto reported this morning, the global economy is teetering on the edge as we wait to see if US President Donald Trump will involve the US directly in the Israel-Iran conflict. In the meantime, let's see who's making moves on the ASX. WINNERS Code Name Last % Change Volume Market Cap SKN Skin Elements Ltd 0.003 50% 337063 $2,150,428 RNX Renegade Exploration 0.004 33% 71227 $3,865,090 AUK Aumake Limited 0.0025 25% 176755 $6,046,718 FIN FIN Resources Ltd 0.005 25% 100000 $2,779,554 GGE Grand Gulf Energy 0.0025 25% 1453193 $5,640,850 ALR Altairminerals 0.003 20% 312349 $10,741,860 BLU Blue Energy Limited 0.006 20% 628542 $9,254,868 BNL Blue Star Helium Ltd 0.006 20% 252223 $13,474,426 PV1 Provaris Energy Ltd 0.012 20% 479226 $6,980,013 DXN DXN Limited 0.055 17% 281887 $14,039,071 In the news... Hydrogen compression and shipping solution company Provaris Energy (ASX:PV1) has teamed up with global shipping leader 'K' LINE. K LINE, otherwise known as Kawasaki Kisen Kaisha, will provide technical, commercial and operation support, offering its extensive global shipping expertise as PV1 develops its hydrogen transport and storage model. PV1's main focus is the proprietary H2Neo Carrier and H2Leo Barge, which offer a combination of offshore compression, storage and shipping solutions for hydrogen gas transportation. LAGGARDS Code Name Last % Change Volume Market Cap BCB Bowen Coal Limited 0.195 -44% 331897 $37,715,145 RLC Reedy Lagoon Corp. 0.001 -33% 135000 $1,165,060 RPG Raptis Group Limited 0.115 -28% 123036 $56,109,577 EEL Enrg Elements Ltd 0.0015 -25% 532818 $6,507,557 DRE Dreadnought Resources 0.009 -25% 31724505 $60,954,000 WEC White Energy Company 0.035 -20% 113 $13,711,276 OMG OMG Group Limited 0.004 -20% 900000 $3,641,474 OVT Ovanti Limited 0.002 -20% 52423 $7,513,788 VRC Volt Resources Ltd 0.004 -20% 63043 $23,423,890 AMS Atomos 0.005 -17% 7147 $7,290,111 In the news... Bowen Coking Coal (ASX:BCB) has signalled it's considering placing the Burton Mine Complex operation into a temporary pause if an effort to transition the project to an owner-operator model is unsuccessful. The company is exploring a range of options to fund the transition plan and provide immediate liquidity, but the most recent Resources and Energy Quarterly forecasts falling demand for met coal as low emissions steel production gains pace. Dreadnought Resources (ASX:DRE) hit gold in 20 of 46 drill holes over various prospects at the Mangaroon gold project in WA, but results of up to 6m at 22.9 gold from 12m of depth weren't enough to wow investors. Some of that disappointment can be explained by a lack of results at the Lead Mine and Two Peaks prospects, where DRE hit nothing of consequence and will need to review its drill orientation.
