Kick Back: The 10 biggest stories you might have missed on Stockhead this week
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Ever wondered what rap would sound like in Klingon (that’s not a real language btw)?
Well, on the off chance that is something you have thought about, check out how Eminem would sound in Klingon (the language spoken by the fictional Klingons in Star Trek).
Now here’s what you might have missed on Stockhead this week, but everyone else didn’t, and liked the most.
For small cap investors, education technology has come increasingly into focus in the wake of the COVID-19 disruption.
And the shift hasn’t escaped the attention of small cap fund managers, some of which have increased their allocation to the space on a sectoral basis.
Others have taken a high-conviction view on specific stocks.
Sam Jacobs spoke to Harley Grosser, principal and founder at Sydney-based investment company Capital H Management, to find out who he likes in the sector.
Another crypto sector has a rocket under it, but this time it’s not Bitcoin and, according to experts, has actual revenue attached.
Decentralised finance, or defi in the crypto lingo, is an almost $US1bn ($1.5bn) industry; it cracked the billion mark when markets generally were peaking in February.
It’s an example of how crypto assets are continuing to mature into investable products that are attractive to more than just the sector’s evangelists, says Apollo Capital chief investment officer Henrik Andersson.
2020 has been a tough year for the markets but some 33 ASX stocks have been able to shrug off COVID-19 jitters and more than triple.
These 30+ stocks have gained over 200 per cent between January 1 and June 15, with seven rallying 500 per cent. Investors in those stocks will be happy.
Want to know who these standouts are? Read on if you missed it.
Gold keeps going strong while markets get hammered by the next round of economic implications of COVID-19.
Garimpeiro’ columnist Barry FitzGerald says gold explorers are normally ditched during equity market volatility like that seen last week. But this time around they are benefiting from gold’s resilience.
But with the better known goldies remaining at elevated levels, just where are the opportunities?
Silica sand is not one of the better-known commodities, but it is coming into its own.
It is used for things like flat and container glass as well as solar panels and medicine vials.
But because all of these things need high-purity silica sand, supply is becoming an issue at the same time demand is rising.
The stringent regulations and difficulties faced by junior resources companies to remain listed on Australia’s main bourse has sent some in search of a more favourable exchange to list on.
That has prompted some explorers to consider the Sydney Stock Exchange (SSX).
Private gold explorer Torque Metals will be the first resources player to list on the SSX after it previously tried to list on the ASX in late 2018 but was unsuccessful.
China Magnesium Corporation (ASX:CMC), meanwhile, is dumping the ASX in favour of the SSX.
Speaking of companies having issues with the ASX…
This one’s a doozy!
It was email eight when ASX advisor Dean Litis lost patience with bete noir Isignthis (ASX:ISX), in the latest argument between market operator and its recalcitrant listee.
The ASX wants to see the shareholder resolution in which 55 stockholders demand the company be delisted — a move that didn’t involve the board, the company stressed — and relisted somewhere else.
But Isignthis has so far avoided handing the document over.
When Bellevue (ASX:BGL) picked up its namesake historic mine in 2016 the explorer mentioned that major miner Barrick had offloaded it years earlier “due to no ‘Barrick sized’ targets”.
It turns out Barrick was probably wrong. Since January 2017, Belllevue’s share price has rocketed from 2.5c to +95c per share – driven by its unbelievable success at this historic WA project.
Bellevue has now defined 2.2 million ounces (moz) grading 11.3 grams per tonne (g/t) gold — making it one of the fastest and highest-grade gold discoveries in the world.
Superior Lake Resources’ (ASX:SUP) is running the ruler over some US uranium projects, underscoring what is starting to look increasingly like a widespread revival of the uranium sector.
Prior to the COVID-19 pandemic, there were already signs that the uranium market was about to turn with the large inventories that were keeping prices low being drawn down.
Uranium demand was estimated to be about 180 million pounds (mlb) last year while production was just about 135mlb, leaving the remaining to come from secondary supplies and inventories.
Cue the outbreak and the resulting disruptions, which have seen major global producers halt their operations. The production deficit has now become clearer than ever.
In this week’s episode stock analysis veteran and lover of the resources game, Peter Strachan, chats with Brian Thomas, non-executive director of Paterson Resources (ASX:PSL).
Paterson Resources is a junior mineral resources company focused on the exploration and development of gold and gold-copper exploration projects.
The company’s Grace gold project in Western Australia’s Paterson Province looks set to take centre stage in the region when the company relists on the ASX in the coming months.
Have a good weekend!