Latest news with #CoreLithium

News.com.au
11 hours ago
- Business
- News.com.au
Resources Top 5: Positive signs that lithium is waking from slumber
Argosy Minerals has executed a spot sales contract for the sale of 60 tonnes of battery quality lithium carbonate from its Rincon project Core Lithium is optimistic about a restart of the Finniss project in the NT Sunrise Energy Metals has received high-grade scandium assays from Syerston project Your standout small cap resources stocks for Friday, June 27, 2025 Argosy Minerals (ASX:AGY) Lithium has been trading at cyclical lows for months but leading mining journalist Kristie Batten says positive signs are emerging and analysts are beginning to focus on when the price recovery would start. In a Stockhead article ' Smart money bets on a lithium turnaround ' she wrote that a global survey of 90 institutional investors by London-based mining industry advisory firm Harbour found that roughly half were looking for upside exposure to the energy transition above anything else from equities in the natural resources space. Investors were asked which commodities were the most likely to see increased investment, with more than 80% across Australia, Canada, the US, UK and Europe citing gold as their top pick. While that isn't the least bit surprising, given where the price has gone, what jumped out was an enthusiasm for lithium, the price of which has gone in the opposite direction. The research found that lithium edged out copper as the second most likely commodity to attract investment in Australia (65%), Canada (59%), US (61%) and UK/Europe (63%). A report on the lithium sector from Argonaut last week pointed to positive demand drivers, Batten wrote, with electric vehicles being the early driver and battery energy storage systems growing in importance. Optimism surrounding lithium has resulted in some stocks running hot including bellwether Pilbara Minerals, which hit a two-week high of $1.41. Argosy Minerals (ASX:AGY) rose 53.9% to a daily high of 2.3c and closed at 1.8c after executing a spot sales contract with a Hong Kong-based chemical company for the sale of 60 tonnes of battery quality >99.5% lithium carbonate from its Rincon project in the 'Lithium Triangle' in Argentina. Argosy managing director Jerko Zuvela said 'We were pleased to receive such strong interest for the sale of our battery quality lithium carbonate product. "With our positive project fundamentals, we will be strong beneficiaries of the EV/lithium sector resurgence noting the significant development milestones achieved to date at our Rincon "We are delighted to be part of an exclusive group of battery quality lithium carbonate product exporters, given the challenges encountered by many of our peers attempting to achieve this feat.' Core Lithium (ASX:CXO) A lithium price slump victim has been Core Lithium and its Finniss hard-rock lithium project in the Northern Territory, 88km southwest from the Darwin Port. Early works at the BP33 deposit were suspended in late 2023, mining at Grants was suspended in January 2024 and processing in mid-2024, with all infrastructure placed on care and maintenance for any potential restart. A restart study completed in mid-May 2025 has repositioned Finniss as a highly attractive low-cost operation with a 20-year life of lean underground operations. The study outlines a high confidence production plan with 94% of the first 10 years backed by ore reserves and includes: Mining costs reduced by 40% to $63–$72/t (from $120/t); Processing costs cut by 33% to $40–$46/t(from $69/t); Unit operating costs of $690–$785/t (FOB, SC6 eq ex-royalties), placing Finniss among the most competitive global spodumene operations; and Concentrate production lifted 7% to ~205ktpa SC6 equivalent. 'The plan we've outlined capitalises on the project's strengths, including established infrastructure, high-grade ore bodies well-suited to low-cost underground mining and a process plant with proven recoveries and further scope for optimisation,' Core Lithium (ASX:CXO) CEO Paul Brown said. 'We've undertaken a rigorous, bottom-up review of every aspect of the operation. The study brings together our operating experience to deliver a plan that is more robust, more efficient and built for the long term. 'At BP33, we are developing a large-scale underground mine. Grants will shift to underground mining, cutting costs and doubling its mine life. Carlton will use Grants' surface infrastructure, supporting a 20 year mine life. Blackbeard offers further potential to extend mine life and expand operations. 'Our plant upgrades will improve recovery and reduce contaminants, whilst keeping capital costs low. These improvements include enhanced screening with more affordable crushing and the addition of a gravity circuit. 'The study outlines a lower-cost, longer-life and scalable operating plan that generates free cash flow of $1.2 billion, representing a six-fold return on pre-production capital.' A Final Investment Decision for the restart remains subject to board approval and is contingent on market conditions and securing a suitable funding pathway. Optimism surrounding the Finniss restart and the lithium industry's future has seen shares as much as 18% higher to 10.5c. CXO closed at 9.9c with more than 61 million shares changing hands. Sunrise Energy Metals (ASX:SRL) It has been a big week for Sunrise Energy Metals - a $6 million placement finalised, $1.5m share purchase plan launched with strong initial uptake and high-grade scandium assays returned from its flagship Syerston project in Central West NSW. The assays saw shares increase to a 12-month high of $1.205, a lift of 34.64% on the previous close. From 65c on June 23, SRL has risen 85.4% in five days. A 125 hole RC drilling campaign totalling 3,589 drill metres in April and May 2025 had the aim of expanding the zones of higher-grade scandium at the Syerston deposit. More than half of the total 3,574 assays have been received from 49 drill holes, indicating multiple new areas of continuous, high-grade mineralisation. Significant intersections include: 7m at 884ppm Sc from 1m, including 3m at 1123ppm from 4m; 6m at 788ppm from 4m; 13m at 743ppm from 6m; 5m at 714ppm from 3m; and 7m at 666ppm from 4m. Once complete and released, all results from the drilling will be incorporated into an update to the Syerston resource estimate, which will underpin a feasibility study update. 'Recent drill results have identified further zones of continuous, high-grade scandium mineralisation within our Sunrise Mining Lease and they remain open in multiple directions,' Sunrise Energy Metals managing director Sam Riggall said 'These zones will form the basis of an initial multi-decade mine plan for our Syerston Scandium Project Feasibility Study, targeting rapid, low-cost development and production options, supported by one of the largest and highest-grade scandium resources in the world.' Red Mountain Mining (ASX:RMX) Australia's antimony hotspot is the New England region of northern NSW and one of the juniors looking to start producing the in-demand critical mineral is Red Mountain Mining, which hit a high of 1.5c, a lift of 67% on the previous close, with more than 110m shares changing hands. The boost came after the company returned high-grade antimony results from rock chip samples at Oaky Creek prospect in the Armidale project. Results from samples collected up to 500m along strike from historical workings include 28.34%, 28.33% and 16.38% Sb, which suggest potential for a large orogenic antimony mineral system. Shallow costeaning is planned to expose the bedrock beneath strong soil antimony anomalies with no visible outcrop while RMX also plans to undertake soil and rock chip sampling over the East Hills antimony and Horsley Station gold prospects in the southern portion of the project. Similar systems, such as Larvotto's (ASX:LRV) Hillgrove deposit, also in the Southern New England Orogen, typically also contain high-grade gold mineralisation. RMX has submitted a subset of the Oaky Creek rock chip samples for gold analysis by lead fire assay, with results expected in July. D3 Energy (ASX:D3E) South Africa is hungry for new energy sources and D3 Energy is taking steps to feed the demand with gas from its ER315 licence at Bloemskraal in the Free State with shares reaching 15c, a lift of 36.36% on the June 26 close, before closing at 14.5c This followed the company achieving increased flow rates at RBD03 following a well clean out. RBD03 flowed at an average gas flow rate of 201 Mscfd over the initial 7-day period, which was 35% higher than the previous flow rate measured before the well clean out. Total gas produced over the initial 7-day testing period was 1,396 Mscf and testing will continue for another seven days before the well will be shut in to analyse the pressure buildup data. The company undertook a multi-well production testing program at Bloemskraal last year which included RBD03, a gold exploration borehole drilled in 1982. Analysis of the initial production test in July and August last year showed indications that there may have been some obstructions or debris in the wellbore. A work over to clean out any obstructions was performed at RBD03 on May 7, 2025, and some issues were encountered with an historical undocumented hole size change curtailing operations. The well was nonetheless partially cleaned out and shut in to allow the reservoir pressure to build back up prior to retesting. This flow testing commenced on June 13, 2025, following the build-up period and the 7-day results demonstrate a 35% increase in the stabilised flow rate.
Yahoo
6 days ago
- Business
- Yahoo
Growth Investors: Industry Analysts Just Upgraded Their Core Lithium Ltd (ASX:CXO) Revenue Forecasts By 13%
Core Lithium Ltd (ASX:CXO) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's statutory forecasts. The analysts have sharply increased their revenue numbers, with a view that Core Lithium will make substantially more sales than they'd previously expected. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Following the upgrade, the consensus from four analysts covering Core Lithium is for revenues of AU$675k in 2025, implying a disturbing 99% decline in sales compared to the last 12 months. Prior to the latest estimates, the analysts were forecasting revenues of AU$595k in 2025. It looks like there's been a clear increase in optimism around Core Lithium, given the solid increase in revenue forecasts. See our latest analysis for Core Lithium These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Core Lithium's past performance and to peers in the same industry. These estimates imply that sales are expected to slow, with a forecast annualised revenue decline of 99% by the end of 2025. This indicates a significant reduction from annual growth of 75% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 6.5% annually for the foreseeable future. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Core Lithium is expected to lag the wider industry. The most important thing to take away from this upgrade is that analysts lifted their revenue estimates for this year. They also expect company revenue to perform worse than the wider market. Seeing the dramatic upgrade to this year's forecasts, it might be time to take another look at Core Lithium. Analysts are definitely bullish on Core Lithium, but no company is perfect. Indeed, you should know that there are several potential concerns to be aware of, including a short cash runway. For more information, you can click through to our platform to learn more about this and the 2 other risks we've identified . Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are upgrading their estimates. So you may also wish to search this free list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

News.com.au
14-05-2025
- Business
- News.com.au
Resources Top 5: Core's Finniss could reemerge as one of the world's most cost competitive lithium mines
Core Lithium lays out low-cost path back to production for Finniss project in NT Highfield sells the farm (supplies) to China Nimy starts gallium drilling at Block 3 in WA These are your standout small cap resources stocks for Wednesday, May 14, 2025. Core Lithium (ASX:CXO) Core's Finniss operation was the earliest casualty of the epic collapse in lithium prices across 2023, shutting up shop in early 2024 as the small scale NT lithium mine ran into heavy lossmaking territory. That prompted a major rethink, return to exploration and change of management. The fruits of that labour have now been floated for the market to see, with a new study suggesting a restarted mine would be among the most cost competitive spodumene operations globally. Finniss, then focused around the Grants open pit, was running at a unit cost of $1953/t in its last quarter of full operations (December 2023). The new study, focused on a 20-year underground mine at the BP33 deposit, would run at just $690-785/t FOB on an SC6 (6% Li2O concentrate) basis, with mining costs down 40% and processing costs 33% lower. Concentrate production would also rise 7% to 205,000tpa SC6, with recoveries of 78% and pre-production capex chopped 29% from $282m to $175-200m. Morgan Stanley has been appointed as Core's corporate advisor to lead its funding strategy "with a focus on minimising dilution for shareholders", suggesting debt funding will be a key pillar of the junior's strategy. Any FID, of course, depends on market conditions and funding. Spodumene is currently priced around multi-year lows of US$700/t, according to Fastmarkets. Core's study assumes a long-term lithium price of US$1300/t to come to its free cash flow number of $1.2bn. Nevertheless, Core CEO Paul Brown said the restart plan focused on Finniss' strengths after a 'rigorous, bottom-up review of every aspect of the operation.' "The Study brings together our operating experience to deliver a plan that is more robust, more efficient and built for the long term," he said. "At BP33, we are developing a large-scale underground mine. Grants will shift to underground mining, cutting costs and doubling its mine life. Carlton will use Grants' surface infrastructure, supporting a 20 year mine life. "Blackbeard offers further potential to extend mine life and expand operations. Our plant upgrades will improve recovery and reduce contaminants, whilst keeping capital costs low. "These improvements include enhanced screening, with more affordable crushing and the addition of a gravity circuit. This resets Finniss as a more resilient operation to price volatility, and will be a reliable source of high-quality, coarse-grained spodumene concentrate. "The Study outlines a lower-cost, longer-life, and scalable operating plan that generates free cash flow of $1.2 billion, representing a six-fold return on pre-production capital." Core shares have tumbled 94% from their 2022 highs of $1.67, but hit a near four month high of 9.6c after the release of the restart study. A major catalyst to upscale the project could come from Blackbeard, which has an exploration target of 7-10Mt at 1.5-1.7% Li2O, well above the reserve of 10.73Mt at 1.29% Li2O in terms of grade. Argonaut's Hayden Bairstow has a 17c price target and spec buy rating on Core, saying the study came in stronger than expected. "Unit costs were 25% lower than we had expected, and an impressive 40% lower than the previous study," he told clients in a note. "The exploration target for Blackbeard highlights the potential to add a second material ore source, which could push the mine life beyond 20 years, sustaining production at the ~205ktpa (SC6) capacity rate, or underpin an expansion beyond the base case." Highfield Resources (ASX:HFR) While the idea of competing with China has become a PR gold mine for critical minerals stocks, Chinese capital is still a major bonus for a small cap if you can get it. And Owen Hegarty-backed Highfield Resources is certainly in that camp, surging on Wednesday after coming out of a trading halt to reveal a raising that will pump US$300 million of fresh equity capital into the $70m capped firm from Qinghai Salt Lake. Qinghai is a subsidiary of Chinese industrial giant China Minmetals, and has signed a non-binding letter of intent to deliver the raising conditional on the completion of Highfield's acquisition of the Southey potash project in Saskatchewan, Canada, from Yankuang Energy, the main shareholder of Aussie coal producer Yancoal. Qinghai would wind up with controlling power over Highfield if the deal goes through. The firm, which owns the Muga potash project in Spain, has long been backed by Owen Hegarty's EMR Capital and connected shareholders. Shenzhen-listed QSL currently produces some 5Mt of potash fertiliser and 40,000t of lithium carbonate, and is the largest producer of the agricultural product in China. The deal follows the resignation just last week of Highfield's CEO and MD Ignacio Salazar. Meanwhile, EMR will provide €1.15 million in a standby loan facility to keep the lights on as it moves to complete the deals with Yankuang and now Qinghai. 'The support from EMR reflects its commitment to Highfield and the strategic value of the Muga Project. The Company is undergoing a natural evolution as it moves closer to securing the right partnership structure for development," HFR chair Paul Harris said. Qinghai will have exclusive rights to conduct due diligence until June 30. Now to some real microcap stuff, as $2m Carbine Resources, priced cheaper than a Cottesloe condo, runs 50% on the news that it has a mining lease for its Muchea West Silica Sand project. It's not total, the newly granted mining lease covers "a portion" of the 110Mt at 99.65% SiO2 resource at Muchea West. The balance is on a granted exploration licence called E70/4905. There's a further catch. Having a mining lease doesn't mean Carbine can go in and mine the high grade silica sands (used for glassmaking and more) from the site, located next to the Pinjar Rifle Range. Mining remains subject to a host of statutory approvals and consents, including environmental approvals and consents relating to the Muchea Air Weapons Range. "The Company has been working closely with key project stakeholders, including DEMIRS and the Department of Defence, for a considerable period to progress towards securing a mining lease and will look to build on these relationships through the next approvals phase," the company said in a statement on Wednesday. "Further updates will be provided to shareholders in due course. In order to allow the grant of M70/1433, the Company withdrew its previous mining lease application M70/1422 and exploration licence application E70/6625 which encroached on M70/1433." CRB also owns the Down South silica sand project over 58km2 of exploration licences 10km southeast of Bunbury, where it recently secured access agreements with three landowners, paving the way for on-ground exploration to begin. Nimy Resources (ASX:NIM) Nimy shares are on a run, climbing close to 15% for the second straight day after announcing the start of a second round of drilling at the Block 3 project, part of its broader Mons project ~370km northeast of Perth. Block 3 is a potentially unique Western source of gallium. Typically produced as a by-product of alumina and zinc refining, Block 3's high grades and mineralogical characteristics mean it could shape up as a rare primary source of the metal, known for its performance-enhancing properties in semi-conductor chips, solar panels, EV and wind turbine motor magnets, LCDs and more. The metal's supply chain is also ~98% controlled by China, placing strategic importance on discoveries outside of the Middle Kingdom. Nimy already has a partnership with M2i Global, a group which could facilitate potential sales to the US Department of Defense should the project prove economic. The next key step is to deliver a maiden resource estimate, a potential outcome from the current and next round of drilling. Block 3 boasts an exploration target of 9.6-14.3Mt at 39-78ppm gallium. But mineralogical assessments by the CSIRO have shown the chloritic schist rocks believed to host the highest concentration of the metal could run 400-800ppm gallium. 'The commencement of this round of drilling at the Block 3 Gallium discovery is significant as we move forward in defining a world class JORC compliant high grade gallium deposit,' Nimy managing director Luke Hampson said. 'Concurrently, Curtin University are working on metallurgical testing following CSIRO identification of high grade 400-800 g/t gallium in chlorite. 'These exploration milestones move Nimy closer to meeting the need of gallium customers who have made initial enquiries as to our progress.' Drilling is expected to take three weeks, with results due thereafter. NIM shares have lifted 50% YTD. (Up on no news) Asimwe Kabunga's RMI is another very small cap, though it's slightly larger today after an 80%+ run in its shares. No news to speak of on market, but RMI did have some exploration updates from its Stalike and Kabungu prospects at the Mpanda copper, gold and nickel project in Tanzania to digest on Tuesday morn. Previously announced results have included rock samples of up to 36.7g/t Au and 11.89% Cu from Kabungu and 13.58% Cu and 3.24g/t Au from Stalike. RC drilling has also hit narrow gold intercepts in shallow locations at Kabungu. Located close to the operation Katavi processing plant, RMI says ongoing sample analysis of auger drilling and soil samples will be combined with previous exploration results from Kabungu and Stalike to generate drilling targets. 'Ongoing exploration activities at our highly prospective Mpanda Copper-Gold Project have produced some spectacular high grade results and they are helping the Company define opportunities for exploitation of potential economic resources within our extensive tenement package," exec chair Asimwe Kabunga said on Tuesday. "Our goal is to identify one or more significant Copper-Gold projects at Mpanda, and we have every confidence that we can achieve this. A targeted drilling programme is planned for the Stalike and Kabungu prospects following completion of this current soil and auger sample analysis work stream. "Mpanda is clearly a richly endowed mineralised system. The extensive number of small scale operations demonstrate that systematic, modern exploration has the potential to define larger scale Copper-Gold systems.'
Yahoo
06-02-2025
- Business
- Yahoo
3 ASX Penny Stocks With Market Caps Over A$40M
The Australian share market is poised for a positive start today, with the ASX 200 expected to rise by up to 0.7%, buoyed by easing concerns over trade tariffs and geopolitical tensions. In this context, investors often seek out opportunities that offer both growth potential and affordability, making penny stocks an intriguing option despite their somewhat outdated label. These stocks typically belong to smaller or newer companies, and when they come with strong financial health, they can present valuable opportunities for those willing to explore them further. Name Share Price Market Cap Financial Health Rating Embark Early Education (ASX:EVO) A$0.78 A$143.12M ★★★★☆☆ LaserBond (ASX:LBL) A$0.57 A$66.82M ★★★★★★ Austin Engineering (ASX:ANG) A$0.505 A$313.17M ★★★★★☆ MaxiPARTS (ASX:MXI) A$1.90 A$105.1M ★★★★★★ GTN (ASX:GTN) A$0.5425 A$106.53M ★★★★★★ Helloworld Travel (ASX:HLO) A$2.02 A$328.89M ★★★★★★ SHAPE Australia (ASX:SHA) A$3.00 A$248.73M ★★★★★★ IVE Group (ASX:IGL) A$2.18 A$337.66M ★★★★☆☆ SKS Technologies Group (ASX:SKS) A$1.59 A$243.19M ★★★★★★ Nickel Industries (ASX:NIC) A$0.745 A$3.2B ★★★★★☆ Click here to see the full list of 1,031 stocks from our ASX Penny Stocks screener. We'll examine a selection from our screener results. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Core Lithium Ltd focuses on developing lithium and various metal deposits in Northern Territory and South Australia, with a market cap of A$197.16 million. Operations: The company's revenue is derived entirely from the Finniss Lithium Project, generating A$189.49 million. Market Cap: A$197.16M Core Lithium Ltd, with a market cap of A$197.16 million, focuses on the Finniss Lithium Project as its primary revenue source, generating A$189.49 million. Despite being debt-free and having stable weekly volatility over the past year, Core Lithium remains unprofitable with losses increasing by 82.2% annually over five years and a negative return on equity of -80.59%. The company has sufficient short-term assets to cover liabilities but faces less than a year of cash runway based on current free cash flow trends. The management team is relatively new, with an average tenure of 0.8 years. Take a closer look at Core Lithium's potential here in our financial health report. Review our growth performance report to gain insights into Core Lithium's future. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: IPD Group Limited is an Australian company that distributes electrical infrastructure, with a market cap of A$432.40 million. Operations: The company generates revenue from its Products Division, which accounts for A$270.68 million, and its Services Division, contributing A$19.74 million. Market Cap: A$432.4M IPD Group Limited, with a market cap of A$432.40 million, demonstrates financial stability and growth potential in the electrical infrastructure sector. The company forecasts revenue growth for 1H25, with EBIT expected between A$19.2 million and A$19.8 million, indicating positive momentum. IPD's earnings have grown significantly over the past year by 39.1%, outpacing industry averages, while maintaining a satisfactory net debt to equity ratio of 5.8%. Short-term assets exceed both short- and long-term liabilities, highlighting strong liquidity management. Although its Return on Equity is relatively low at 14.8%, the company's price-to-earnings ratio suggests good value compared to industry peers. Jump into the full analysis health report here for a deeper understanding of IPD Group. Gain insights into IPD Group's future direction by reviewing our growth report. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Investigator Resources Limited, along with its subsidiaries, is involved in the exploration of mineral properties in Australia and has a market capitalization of A$41.31 million. Operations: The company's revenue segment is focused on Mineral Exploration, generating A$0.01 million. Market Cap: A$41.31M Investigator Resources, with a market cap of A$41.31 million, remains pre-revenue with only A$14K generated from mineral exploration. Despite being unprofitable, the company has reduced its losses by 21.1% annually over the past five years and benefits from an experienced management team averaging 6.2 years in tenure. Investigator is debt-free and has short-term assets of A$4.6 million exceeding both short- and long-term liabilities, providing some financial stability despite high share price volatility and limited cash runway under one year based on current free cash flow trends. Click here to discover the nuances of Investigator Resources with our detailed analytical financial health report. Assess Investigator Resources' previous results with our detailed historical performance reports. Click here to access our complete index of 1,031 ASX Penny Stocks. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Jump on the AI train with fast growing tech companies forging a new era of innovation. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:CXO ASX:IPG and ASX:IVR. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio