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You would think a podcast about Central Intelligence Agency (CIA) escapades would be thrilling and entertaining, but you’d be wrong.
Because there aren’t enough podcasts in the world, the CIA has launched “The Langley Files” where it promises to share stories that go “beyond those of Hollywood scripts and shadowed whispers.”
But it’s actually super dry.
CIA Director Bill Burns is the featured guest on Episode 1 and instead of Jason Bourne and Jack Ryan style adventure defusing bombs and epic car chases, he rather boringly drives a Subaru Outback … at the speed limit.
This episode of The Langley Files bought to you by Skillshare. Are you 200 miles deep undercover in enemy territory and need to fashion a shiv out of a stick and a rock to escape your commie captors? Use code CIA at checkout to get 3 months of Skillshare for free. https://t.co/Gl0CxVrNV6
— Jackson Clarke (@zealotonpc) September 23, 2022
It’s basically a PR exercise, talking about what misconceptions people have (cough… see above) about glamorous operatives solving world crises on their own every day.
He did flag that the intelligence community was able to “paint a pretty clear picture of Putin’s plans” to mount a major invasion of Ukraine, months before Putin actually did.
Burns also briefly mentions a strike against an Al-Qaeda leader… aaaaand the rest is essentially a recruitment spiel about the Agency.
But hey, if you’re an insomniac, tune in, it’s worth a shot.
The ASX 200 is trading down 1.61% at lunch today, with most sectors looking sad and red.
Energy is the biggest loser, down 6.02% with big names like Woodside (ASX:WDS) down 6.48%, and Santos (ASX:STO) down 6.33%, with global oil prices falling by around 5% on Friday to eight-month lows on fears that rising interest rates will tip major economies into recession, cutting demand for crude.
Materials was a close second last, at -4.12%, with mining giants like BHP (ASX:BHP) down 4.38%, Fortescue (ASX:FMG) down 4.18%, and Pilbara Minerals (ASX:PLS) down 6.29%.
Only four sectors were in the green with Healthcare in the lead, up 1.75%.
All eyes are on the final budget outcome for 2021/22 which will be released on Wednesday.
The Treasurer has announced the outcome could be ~$50bn better than the initial estimate due to delayed spending, stronger commodity prices and a better performing economy – fingers crossed.
At the US Federal Reserve’s Listens event, Chair Jerome Powell said the US economy may be entering a “new normal” following disruptions from the Covid-19 pandemic.
This comes after a wave of selling in financial markets swept across the globe Friday, with nervous investors forced to again confront the spectre of recession.
New signs of slowing global growth rocked investments of all sorts, with investors wary of stubbornly high inflation and unnerved by Russia’s attempts to escalate the war in Ukraine.
In the UK, Chancellor Kwasi Kwarteng announced a historic tax cut and pledged further tax cuts.
“There’s more to come,” Kwarteng said in a BBC television interview on Sunday.
The tax cuts have fuelled concerns that inflation could accelerate further as more money stays in people’s pockets.
Goldman Sachs Research says what the US Fed does next year will depend on how quickly growth, hiring and inflation slow.
“Our economists see more risk a higher peak rate will be necessary to cool the overheated economy than policy makers will stop earlier,” they said.
Here are the best performing ASX small cap stocks for September 26 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
Code Company Price % Volume Market Cap GW1 Greenwing Resources 0.415 69% 2,878,205 $30,195,601 DUN Dundasminerals 0.315 50% 2,319,152 $8,134,467 TTI Traffic Technologies 0.019 27% 1,214,867 $10,832,553 ALA Arovella Therapeutic 0.034 26% 8,603,282 $18,112,972 JTL Jayex Technology Ltd 0.01 25% 1,339,720 $1,993,828 BUY Bounty Oil & Gas NL 0.008 14% 868,728 $9,593,507 GMN Gold Mountain Ltd 0.008 14% 5,005,555 $8,562,044 SI6 SI6 Metals Limited 0.008 14% 260,005 $10,417,324 TMK TMK Energy Limited 0.016 14% 22,979,352 $49,290,938 HYD Hydrix Limited 0.062 13% 60,000 $12,677,210 RAN Range International 0.009 13% 124,000 $7,514,323 RDN Raiden Resources Ltd 0.009 13% 332,000 $11,876,415 CSX Cleanspace Holdings 0.7 11% 73,931 $48,522,299 HMI Hiremii 0.05 11% 100,000 $4,764,022 LPE Locality Planning 0.061 11% 784,522 $9,414,280 WAK Wakaolin 0.22 10% 1,010,500 $42,114,038 GAS State GAS Limited 0.375 9% 201,700 $68,942,145 SRI Sipa Resources Ltd 0.051 9% 200,000 $9,636,166 CXU Cauldron Energy Ltd 0.013 8% 359,211 $6,424,935 FAU First Au Ltd 0.0065 8% 279,000 $5,588,466 FML Focus Minerals Ltd 0.135 8% 43,821 $35,819,831 GME GME Resources Ltd 0.135 8% 15,900 $75,050,127 EX1 Exopharm Limited 0.14 8% 63,109 $20,437,499 ROG Red Sky Energy. 0.007 8% 10,588,788 $34,464,477 RFA Rare Foods Australia 0.071 8% 19,447 $13,249,023
Big news today, with NYSE listed Chinese EV maker Nio subscribing for $12m of shares in lithium minnow Greenwing Resources (ASX:GW1) ahead of a potential JV and offtake deal.
Nio will hold about 12.16% of GW1 at completion of the placement, done at 55c per share – a big premium to the last closing price.
Thing is, GW1 doesn’t even have a lithium resource yet at its flagship San Jorge project in Argentina.
That’s what this cash will be used for, the company says — “to accelerate its exploration program”.
Maiden drilling is now planned to commence September/October 2022, GW1 says.
Nio also gets a call option to acquire up to 40% of the project within a year of a JORC resource being announced and will have first dibs on offtake.
And nickel, copper, cobalt, and gold explorer Dundas Minerals (ASX:DUN) has hit shallow massive sulphides and ultramafic rocks in water drilling at the Central Target, in southern WA.
“Unexpectedly, massive sulphides were intersected in hole 22CEWB003 (from 17m) and pyrite rich altered stockwork veins, also from 17m, in hole 22CEWB001,” the company says.
pXRF readings also picked up anomalous (low grade) cobalt, nickel, copper and silver.
“What is most exciting about Central is that there are a series of EM anomalies that extend over a length exceeding 10km,” managing director Shane Volk said..
“As far as Dundas Minerals can determine, there has been no prior exploration ever conducted in this area of the Albany-Fraser Orogen, we are working in an absolute greenfield exploration environment.”
Code Company Price % Volume Market Cap REY REY Resources Ltd 0.12 -55% 351 $56,160,798 PRM Prominence Energy 0.001 -50% 2,120 $4,849,218 MCM Mc Mining Ltd 0.41 -26% 160,630 $109,698,453 ARE Argonaut Resources 0.0015 -25% 5,068,808 $7,238,051 INP Incentiapay Ltd 0.01 -23% 71,272 $16,445,827 AR1 Australresources 0.24 -20% 2,078,339 $88,787,050 AYM Australia United Min 0.004 -20% 46,500 $9,212,887 JXT Jaxstaltd 0.016 -20% 643,700 $6,851,564 PNX PNX Metals Limited 0.004 -20% 400,000 $22,220,289 TSC Twenty Seven Co. Ltd 0.002 -20% 4,400,002 $6,652,035 NGY Nuenergy Gas Ltd 0.018 -18% 55,039 $32,581,021 MAG Magmatic Resrce Ltd 0.1025 -18% 1,572,035 $32,810,850 GRE Greentechmetals 0.14 -18% 467,110 $5,317,600 NES Nelson Resources. 0.015 -17% 675,070 $5,297,349 SNG Siren Gold 0.18 -16% 247,043 $22,403,393 SYR Syrah Resources 1.6 -16% 3,382,436 $1,280,790,056 AAR Astral Resources NL 0.076 -16% 1,593,853 $53,656,132 ONE Oneview Healthcare 0.085 -15% 847,933 $51,888,630 RCW Rightcrowd 0.04 -15% 60,398 $12,297,185 AUQ Alara Resources Ltd 0.036 -14% 280,990 $29,796,028 CVR Cavalierresources 0.15 -14% 6,000 $5,318,084 MOB Mobilicom Ltd 0.009 -14% 2,513,800 $13,978,436 CAV Carnavale Resources 0.006 -14% 75,170 $19,029,862 CGC Costa Group Holdings 2.18 -14% 4,505,028 $1,179,948,024 NWM Norwest Minerals 0.038 -14% 928,183 $9,772,725