Break it Down: Victory Metals
West Australian heavy rare earths developer Victory Metals (ASX:VTM) has received a major letter of interest from the Export-Import Bank of the United States to support the growth of its North Stanmore project.
The letter of intent, worth nearly $300 million, comes with a 15-year repayment term.
Watch the video to learn more.
While Victory Metals is a Stockhead advertiser, it did not sponsor this content.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Herald Sun
10 hours ago
- Herald Sun
Arika's search for golden game changer
Don't miss out on the headlines from Stockhead. Followed categories will be added to My News. 'Garimpeiro' columnist Barry FitzGerald has covered the resources industry for 35 years. Now he's sharing the benefits of his experience with Stockhead readers. In a $5100/oz-plus Aussie gold market there is nothing quite like a big targeted exploration program in a prodigious gold region to get the interest up. And so it is with Arika Resources (ASX:ARI), which has been attracting followers of late on the strength of its 10,000m drilling program at two projects in the Leonora-Laverton district. It is funded for the hunt after a $5 million capital raise in May and at a share price of 3.9c for a market cap of $33.5 million, Arika has plenty of leverage to exploration success. Investors won't die wondering with this one, as there will be a steady flow of exploration results over the next 6-12 months. Both of the company's projects – Yundamindra and Kookynie – are surrounded by the region's big name producers like Genesis, Northern Star and Gold Fields, among others. As recent activity in the region has demonstrated, there are plenty of options around toll treatment/ore purchase/acquisitions should Arika work up a deposit that is measured in the hundreds of thousands of ounces rather than the millions of ounces category. Arika is after the big discovery for sure. It's just that in this gold price environment there is plenty of value to be had with smaller finds. Think of it as a potential value backstop while Arika continues the hunt for the game changing discovery. Where is the game changer? Both of Arika's projects are peppered with historic workings which are obvious drilling targets. But there are also a bunch of targets hidden from oldtimers by cover. Geophysics and geochemical work leading up to the drilling program has taken what could be called high-priority targets to more than 50. Arika reported first results from drilling at the F1 Fault at the Landed at Last prospect at Yundamindra on Monday. The best intercepts included 4m at 41.56g/t from 52m and 27m at 2.45g/t from 61m, and they've served to rev up interest in the stock. F1is one of several north-east trending structures which cross-cut Landed at Last's mineralisation towards the northern end of what Arika, without blushing, calls the Yellow Brick Road. It is a mineralised structural corridor than extends for more than 16km along the western flank of the Yundamindra syncline. A 10km section of the Yellow Brick Road is dotted with historical workings. Despite its location and history of gold mining, the Yundamindra area has only ever been lightly explored. What modern era drilling was conducted by previous owners was mostly shallow at less than 50m. Before the latest drilling Arika tested for depth extensions, with the deepest hole to date at the prospect returning a super encouraging 14.8m grading 3.1g/t from 87m. More where that came from Arika boss Justin Barton said on Monday that it was important to remember that F1 was just one of the many under-explored prospects along the Yellow Brick Road. Garimpeiro reckons Dorothy most likely agrees. The drill rig motored on from F1 to another highly ranked prospect called Bonaparte (assays pending) and is now testing the Banjo's Camp prospect. As indicated earlier, assay results from the drilling campaign will be rolled out on a regular basis. Over at Kookynie, Arika shares tenement boundaries with Genesis Minerals (ASX:GMD) . An aeromagnetic survey has been completed at the Ithaca prospect, which sits immediately along strike from Genesis' Ulysses gold mine. Like the prospective areas at Yundamindra much of the prospective ground at Kookynie is on mining leases, which means if there is a near-term opportunity to monetise a smallish discovery while the search for the big one goes on, Arika will be able to act quickly. Originally published as Barry FitzGerald: Prodigious gold region a yellow brick road for Arika

Herald Sun
10 hours ago
- Herald Sun
Beyond Telstra, small cap telcos ring up the profits
Don't miss out on the headlines from Stockhead. Followed categories will be added to My News. Telstra's full year earnings soared 31%, but the nation's leading telco lacks the 'wow' factor Smaller rivals arguably have better growth prospects Tua's proposed $1.66 billion takeover of a Singapore rival will turbocharge its growth Telstra's (ASX:TLS) internal repair efforts are cracking along at a pace that would even leave self-help gurus such as Dale Carnegie and Stephen Covey in the dust. While the telco stalwart's full-year revenue edged up less than one per cent, earnings bounced 31%. Measures such as paring thousands of staff aside, Telco has been aided by a rare sector-wide outbreak of rational mobile plan pricing. Still, Thursday's result left investors nonplussed, even though they met market expectations. One concern is that customer growth in mobiles – Telstra's most important division – slowed in the second half. Telstra has a commanding 40% share of the sector. But overall growth looks elusive, as evidenced by the board's decision to launch a $1 billion share buyback. While Telstra will grab the headlines courtesy of its 1.14 million, yield-hungry shareholders, it's not the only telco stock to watch as the reporting season unfolded. Arguably there's better value elsewhere, especially given Telstra shares have gained 25% over the last year. Tuas can play at the M&A game How about a Singapore Fling instead? On Tuesday, Tuas (ASX:TUA) stole Telstra's limelight with a surprise S$1.4 billion ($1.66 billion) buyout of Singaporean rival M1. The proposed purchase shapes as transformative the $2.6 billion market cap Tuas, funded and led by TPG's creator, David Teoh. How much of a game changer for the owner of the Lion City's Simba Telecom? Citi models combined revenue of S$984 million in the current year, compared with S$178 million for the stand-alone Tua. Earnings before interest, tax depreciation and amortization (ebitda) soars to S$275 million, from S$79 million on a stand-alone basis. Still the consumers' Buddy Aussie Broadband (ASX:ABB) is expected to ring up some rosy numbers when it reports later this month. On the back of market share gains. On consensus numbers, Aussie should report revenue of $1.187 billion, 17% higher than previously. The telco's underlying earnings are expected to be $137 million, 13% higher. While Aussie lifted prices across its own brand, left its low-cost Buddy Telco's rates pricing unchanged. Citi says: 'Aussie Broadband's value proposition, solid user experience and superior customer experience continue to be differentiating factors compared to both incumbents and most of the challengers'. Super profits for Superloop The market expects internet provider Superloop's (ASX:SLC) full-year revenue to come in at $550 million, 33% better. The company in late June upgraded its guidance underlying ebitda at or above $91 million, 67% higher year on year. As with Telstra, the company's doing more bottom line with not so much top line. Citi says Superloop has 'set the tone for the rest of the industry' in terms of pushing through National Broadband Network (NBN) price increases. As part of a six-year a six-year wholesale agreement, Origin Energy is migrating its NBN customers to Superloop. Superloop's results next Wednesday should shed light on the pace of this transition. TPG has cash to spare Most of the intrigue around TPG Telecom (ASX:TPG) is what the owner of Vodafone Australia will do with the $5.3 billion of proceeds from the sale of its fixed-asset business to Vocus. S&P Global Ratings says TPG's capital needs are tapering because of an end to 5G investment and 'initiatives such as IT modernisation and business simplification that reduce fixed costs.' Once again, TPG should benefit from mobile price rises, but at the risk of higher churn and promotional costs. TPG has guided to flat ebitda of around $1.66 billion. Dipping into data centres Macquarie Technology Group (ASX:MAQ) is mentioned as an emerging force in the data centre game, having acquired land at Sydney's Macquarie Park to bolster its capacity threefold. But in the December half Macquarie still derived 31% of revenue ($56 million) and 22% of ebitda ($12.3 million) from its traditional telco business. Morgan Stanley tips total revenue of $382 million for the 2024-25 year, up 5% with ebitda edging up 4% to $113 million. Powered by data centre (and cloud) growth, turnover should climb to $419 million in the current year, up 10%. Ebitda should rise 11.5% to $126 million. Macquarie has been an outlier share price wise, falling 22% over the past year. Should the data centre sector wobble, the telco stuff is a nice hedge. Originally published as Criterion: Telstra rings up profit growth, but it may be time to look for better value elsewhere

News.com.au
14 hours ago
- News.com.au
Barry FitzGerald: Prodigious gold region a yellow brick road for Arika
'Garimpeiro' columnist Barry FitzGerald has covered the resources industry for 35 years. Now he's sharing the benefits of his experience with Stockhead readers. In a $5100/oz-plus Aussie gold market there is nothing quite like a big targeted exploration program in a prodigious gold region to get the interest up. And so it is with Arika Resources (ASX:ARI), which has been attracting followers of late on the strength of its 10,000m drilling program at two projects in the Leonora-Laverton district. It is funded for the hunt after a $5 million capital raise in May and at a share price of 3.9c for a market cap of $33.5 million, Arika has plenty of leverage to exploration success. Investors won't die wondering with this one, as there will be a steady flow of exploration results over the next 6-12 months. Both of the company's projects – Yundamindra and Kookynie – are surrounded by the region's big name producers like Genesis, Northern Star and Gold Fields, among others. As recent activity in the region has demonstrated, there are plenty of options around toll treatment/ore purchase/acquisitions should Arika work up a deposit that is measured in the hundreds of thousands of ounces rather than the millions of ounces category. Arika is after the big discovery for sure. It's just that in this gold price environment there is plenty of value to be had with smaller finds. Think of it as a potential value backstop while Arika continues the hunt for the game changing discovery. Where is the game changer? Both of Arika's projects are peppered with historic workings which are obvious drilling targets. But there are also a bunch of targets hidden from oldtimers by cover. Geophysics and geochemical work leading up to the drilling program has taken what could be called high-priority targets to more than 50. Arika reported first results from drilling at the F1 Fault at the Landed at Last prospect at Yundamindra on Monday. The best intercepts included 4m at 41.56g/t from 52m and 27m at 2.45g/t from 61m, and they've served to rev up interest in the stock. F1is one of several north-east trending structures which cross-cut Landed at Last's mineralisation towards the northern end of what Arika, without blushing, calls the Yellow Brick Road. It is a mineralised structural corridor than extends for more than 16km along the western flank of the Yundamindra syncline. A 10km section of the Yellow Brick Road is dotted with historical workings. Despite its location and history of gold mining, the Yundamindra area has only ever been lightly explored. What modern era drilling was conducted by previous owners was mostly shallow at less than 50m. Before the latest drilling Arika tested for depth extensions, with the deepest hole to date at the prospect returning a super encouraging 14.8m grading 3.1g/t from 87m. More where that came from Arika boss Justin Barton said on Monday that it was important to remember that F1 was just one of the many under-explored prospects along the Yellow Brick Road. Garimpeiro reckons Dorothy most likely agrees. The drill rig motored on from F1 to another highly ranked prospect called Bonaparte (assays pending) and is now testing the Banjo's Camp prospect. As indicated earlier, assay results from the drilling campaign will be rolled out on a regular basis. Over at Kookynie, Arika shares tenement boundaries with Genesis Minerals (ASX:GMD). An aeromagnetic survey has been completed at the Ithaca prospect, which sits immediately along strike from Genesis' Ulysses gold mine. Like the prospective areas at Yundamindra much of the prospective ground at Kookynie is on mining leases, which means if there is a near-term opportunity to monetise a smallish discovery while the search for the big one goes on, Arika will be able to act quickly.