Bulls N' Bears (Commercial Content)

Good Morning, yes, it’s Friday…. This week, we’ve seen US stocks trading near all-time-highs, where the ASX continues to “grind” and just doesn’t want to “follow through”…The ASX reached over 6,700 points back in July 2007 and is still ~40% from its highs, where US and European markets have surpassed their 2007 highs by well over 30%.So does this “70% underperformance” have to do with political uncertainty? Interest rates that are “relatively high” vs. G20 or just confidence?

Good Morning, the US continues to “march on” higher (Dow +66 points) and us Aussies are finding hard to follow through… Let’s hope that we beat those yanks in the pool @ RIO…  We certainly need something to “brag” about……. Global stocks are trading near their highest levels of 2016, having rallied since February as commodities recovered from a quarter-century low to enter into a bull market this week.So what’s next?

Anti-Cancer drug hopeful Pharmaust will be fully funded to enter into Phase 2 human trials after well established New York investment bank Joseph Gunnar and Co agreed to underwrite the company’s next capital raise which will be done in the USA. Phase 2 trials are expected to start in a couple of months after their anti-Cancer drug is reformulated to make it more palatable.

Good Morning, the S&P 500 Index rose to the highest level since July (Dow Jones +17 points), as crude settled above $US50 a barrel and the US dollar weakened to a one-month low on speculation that the Federal Reserve won't rush to raise rates amid moderate growth in the world's largest economy. Once again, the US market continues to “outperform” us Aussies…… Why? AUS GDP released only a few days ago showed that GDP rose 1.1% last quarter, on track for >3% annualised.. that’s good, right?

Good Morning, Yellen speaks, markets go up? Yellen, did you have a strong coffee last night and a red bull to go with it? Don't bet on the end of the bull market just yet….. US Markets rallied last night (Dow Jones +113 points), as commodities continued to run….. In London, Anglo American +11%, Rio +6.4%, BHP +6.3%, Glencore +6.2%... RBA interest rate decision today… will they cut again? Highly unlikely…

Neometals have amassed an $80m war chest after banking another $19.65m paid by Mineral Resources, their partner in the Mt Marion Lithium project near Coolgardie in W.A.  The company has also formed a second 70:30 partnership with Mineral Resources for the purposes of creating the first Lithium downstream processing project in WA utilizing their proprietory process. 

ASX listed Sky and Space Global have wasted no time in achieving their first major milestone since being backdoor listed into Burleson Energy by Perth connections. In a sign that it is all systems go at Sky and Space Global, the company has now locked down a launch contract with a major European launch broker to catapult its first three “nano-satellites into space.

ASX listed Analytica’s unique medical device, known as the “AutoStart” burette, has now made the official approved list with QLD Health. Burette’s are disposed of approximately every 24 hours when a new one is inserted into an IV drip line making them a major consumable item in the health industry. Analytica are looking to secure a licensing deal with a major distributor.

Good Morning, happy Friday…..It has been a good week for us here @ PEAK and today, we move to our new PEAK Headquarters @ Level 39, 55 Collins Street. We have a beautiful boardroom overlooking the MCG, so get set for a PEAK Wine & Cheese night, over coming weeks….. Stay tuned… Tonight, we have the “all important” US payroll figures…………… So if the figures are better than expected, do we expect Janet Yellen to raise interest rates next month? You bet!

Financial technologies company and ATM machine operator Stargroup will start to hit the radars of dividend seekers after their latest acquisition which will take the company’s estimated EBITDA from around $3.3m to $4.3m just 10 months after its back door listing. With a swag of tax losses from the original shell, Stargroup now looks set to start spitting out cash.

Sipa Resources systematic approach to their Akelikongo nickel-copper prospect in Uganda appears to be paying off with the discovery of a very encouraging 10m intersection grading 1% Nickel and another 4m intersection grading 1.8% Copper. With Cobalt fetching up to 3 times the price of Nickel, the company was also encouraged to see reasonable Cobalt numbers in the results.

Insatiable demand for Lithium in China has seen Neometals off take partner at the Mt Marion project in Coolgardie increase their contracted take or pay commitment for lower grade Lithium by 250%. Chinese company Ganfeng Lithium previously committed to take or pay for 100% of the 6% LIthium product and has now also commited to taking 200 000 tonnes a year of the 4%-6% product. 

Good Morning, another early start this morning as we jump on a conference call to the US to discuss the next PEAK OPPORTUNITY. After a great 20% debut yesterday for SWIFT, we are building great momentum… and this one is exciting…. Oil has surged about 85 percent since touching a 12-year low in February on signs the global surplus is easing. However, the Organization of Petroleum Exporting Countries is unlikely to reach an agreement limiting production at this week’s meeting in Vienna, as the group sticks with Saudi Arabia’s strategy of squeezing out rivals…. So where is oil heading?

Mid way through their Great Western project Scoping Study, Terrain Minerals have made the call to upgrade their project analysis to pre-feasibility quality. The current resource at Great Western, which is still open down plunge and along strike, sits at 322,500 tonnes @ 5.14 grams per tonne gold. The company is designing a 700m drill program to upgrade the resource to Indicated status. 

The Perth led backdoor listing of Israeli company Sky and Space Global into ASX listed shell Burleson Energy has delivered its backers a 45% profit on day one after it relisted on the ASX yesterday. The architects of the deal, led by Perth Corporate finance player Brett Mitchell, delivered their investors a 45% profit after the stock touched 2.9c yesterday with around 100m shares traded. 

Good Morning, “a pinch and a punch”, yes it’s the 1st of the month and winter is here…. An eventful trading session we had in China yesterday, with the index plunging 10% in a matter of seconds, then rebounding back up…We did talk about short positions in the Chinese market being the highest for the past 12 months, but we certainly didn’t expect a “10% flash crash”…… Warning signs for June?

Recently listed Perth shark deterrent and detection company Shark Mitigation Systems is now officially punching above its weight as an ASX junior after world surfing legend Taj Burrow agreed to lend his name to the brand as its world wide Ambassador. Burrow will draw global attention to the company's unique, scientifically inspired wetsuits and other products designed to deter shark attacks. 

Having successfully tipped Neometals share price to jump on three previous occasions, Euroz has again tipped the soon to be Lithium miner’s share price to move north, this time by 23%. Euroz say their most recent analysis of the Mt Marion Lithium mine near Coolgardie, which is 26.9% owned by Neometals, shows the company’s share price should be more like 53c instead of 43c.

Good Morning, a fairly “uneventful” night last night with both US and UK markets closed for public holidays…. Trading volumes have been extremely low (lowest since 2009) and last night, didn’t help with the lack of direction.Today is the last day of May and all things considered, we’ve held up extremely well…… “Sell in May and go away”…. It hasn’t been as bad as we thought…. But what’s in store for June?

The dominos are starting to fall for ASX listed Medical Cannabis upstart MGC Pharma, with its third regulatory approval in 3 months being granted. The company will now have the right to market its unique medical cannabis based cosmetic line known as “MGC Derma” into the $1.9b a year Canadian market after the Canadian regulatory authority, Health Canada approved the product.

Good Morning, we’re a little tired this morning after a packed day yesterday in Perth, but hey, market was up last night (Dow + 145 points), so we should have another good day today….. We had a great day yesterday here in Oz, with the XJO rallying + 75 points, as banks rallied and commodities provided strong support… We feel that if the RBA cuts interest rates again next week, markets will rally as investors seek higher yields…..

ASX listed explorer Hammer Metals is in the final planning stages of executing multiple drilling programs across a host of exciting targets within its Mt Isa Copper/Gold/Cobalt project. Importantly it will follow up an impressive historic Copper/Gold/Cobalt hit on its Millennium leases that is the equivalent of a 19m intersection grading 4% Copper. 

MGC Pharma have broken into the $11b American skin care market after achieving US Food and Drug Administration approval for their “MGC Derma” cosmetics line manufactured from medical cannabis. They recently secured the notoriously hard to get FDA approval giving them the right to market their products into all US states and they have already secured a 1.2m Euro order. 

West Perth based explorer Drake Resources is now about to officially become a technology company after completing extensive due diligence on Israeli based cyber security firm Genome Technology Ltd. Both Drake and Genome have completed their respective due diligence programs and a reverse takeover of Genome by Drake will now occur.

There is growing speculation that Australian banks are vulnerable…. Growing bad and doubtful debts, weak net interest margins and a property market that looks “shaky” is putting pressure on banking stocks. Global hedge funds are benefiting from this trade by increasing their net-short positions by over 18x, the highest on record… yes, even greater than the GFC… so do we agree with them? In part, yes…. We feel that bank cash earnings will remain “flat” to “negative” over the next 6-12 months and we are concerned about banks’ exposures to the small-cap junior mining and oil companies…. We also feel that banks will not be able to pay their dividends, driving share-prices lower… red alert?

Good Morning,  It appears that global markets are looking for clear direction….. And aren’t getting it… Last week, markets remained “fragile”, as talks of a US interest hike in June put some fear on whether global growth will remain resilient… Given that US earnings are now out of the way, the market is closely monitoring macro-economic data, which largely, has been strong…. However, the stronger the data, the quicker the market will price in an interest rate rise in June…

Good morning. Trust that you had a nice weekend are raring to go for another busy week on markets… now that US earnings are out of the way, the key question will be what are the main catalysts that will drive markets?Global central banks have little to no “ammunition”, as both fiscal and monetary policies are ineffective…. The RBA may cut interest rates again next month but as AUS inflation is extremely low, cutting rates do not have a strong bearing on markets….. Our focus this morning is on a special opportunity, YPB… Make sure to listen to the podcast, as it is an interesting story…

Sipa Resources’ share price jumped 20% last week on the back of what looks to be a successful drilling campaign at the Akelikongo nickel/copper Project in Uganda. The market is eagerly awaiting the results of the latest drilling campaign after the company announced last week they had hit significant mineralization in 10 out of 12 holes with all results currently pending.

With only months to go before making the leap into production, Neometals have discovered a new highly mineralized zone at their celebrated Mt Marion Lithium project in W.A. Grades are all above the project average of 1.39% Li2O and include a 186m intersection grading 1.82% Li2O from 95m, 139m grading 1.69% Li2O from 116m and 92m @ 1.54% Li2O from just 54m down. 

Red Mountain Mining will now significantly ramp up their Batangas Gold project in the Philippines following the formalising of their joint venture agreement this week with UK based Bluebird Merchant Ventures. Red Mountain management negotiated a sublime deal with Bluebird that values the Batangas project at 3 times the entire company's market cap. 

Shark Mitigation Systems have announced the achievement of their first major milestone after only listing on the ASX last week. The company says that its “Clever Buoy” shark detection sonar is now ready for commercialization after successfully completing a trial at the iconic Bondi beach and receiving endorsement from  the Australian Professional Ocean Lifeguard Association. 

Good Morning, an early start this morning as we head into the Sky News studios to talk global markets. For those wanting to tune in, we’re on at 8:15am. So what happened last night? Global stocks fell (Dow Jones -190 points), as Atlanta Fed President Dennis Lockhart and San Francisco’s John Williams said two rate increases this year may be warranted.  Dallas Fed President Robert Kaplan said a hike may come soon.  Overall, strong US data is supporting this case… But is strong data having a negative bearing on equities?....