February 2024

QX Resources Limited (ASX:QXR) Managing Director Steve Promnitz discusses movements in the lithium price and recent drill results. Paul Sanger: We’re talking today with QX Resources (ASX:QXR), and QXR has a market cap of around $29m. QX Resources is focused on exploration and development of battery minerals with hard rock lithium assets in a prime […]

On Thursday, the benchmark S&P/ASX 200 rose 0.3% to 7638.4 points, with the utilities sector up 1%, led by AGL Energy’s 10.3% surge after reporting a profit of $576 million for the six months to December. Cochlear also impressed investors, raising its earnings guidance for 2024, while REA Group’s caution about higher operating expenses led

Another month of falling consumer and producer prices in China underscores the country’s weak activity and demand. However, a slight silver lining emerged in the consumer price data. Data from the National Bureau of Statistics (NBS) revealed that the country’s Consumer Price Index fell by 0.8% in January, marking the fourth consecutive month of headline

In August, Charter Hall Long WALE REIT indicated its intention to sell assets to manage gearing after suffering significant write-downs and asset devaluations, leading to a loss of $189 million for the 2022-23 financial year. The driver behind this loss was a $362.7 million downward revaluation of its $6.8 billion portfolio, including office buildings, warehouses,

Mark Freeman, Managing Director, CEO and Portfolio Manager of AMCIL (ASX:AMH), discusses FY24 half-year results.  Geoff Driver: Welcome. My name’s Geoff Driver, General Manager, Business Development and Investor Relations for AMCIL Limited. I have with me today Mark Freeman, who’s the CEO and Managing Director of AMCIL, but also the Portfolio Manager for AMCIL Limited.

CEO and Managing Director Mark Freeman and Portfolio Manager David Grace discuss the FY24 half-year results of Australian Foundation Investment Company (ASX:AFI).  Geoff Driver: Welcome. My name’s Geoff Driver, General Manager, Business Development and Investor Relations for Australian Foundation Investment Company. I have with me today Mark Freeman, the CEO and Manager Director of Australian

In the midst of ongoing confusion surrounding Sydney’s troubled Rozelle traffic interchange, Transurban (ASX:TCL), the toll road giant, remains resolute in its financial projections. Despite the interchange’s tumultuous reception since its late 2023 opening, the Melbourne-based company is forecasting a robust 7% rise in distributions for the fiscal year ending June. CEO Michelle Jablko, in

Property and retailing group Mirvac (ASX:MGR) has recorded statutory losses totaling $366 million for the 18 months ending December 31, with an additional $201 million loss for the six months leading up to that date. The company experienced a significant downturn, transitioning from a $215 million profit in December 2022 to a loss of $201

To register for Friday’s webinar click here. QX Resources (ASX:QXR) announced that numerous brine aquifers were successfully intersected in the second hole of a two-hole diamond drill (DD) program over the large scale Liberty Lithium brine project in California, USA. The results and interpretations from drillhole 1 are expected in mid-February, with drillhole 2 results

The S&P/ASX 200 rose by 0.4% by almost midday, with gains from Cochlear and AGL being counteracted by a decline in REA Group. Cochlear saw a notable 6% increase to $308.52 following an upward revision of its profit guidance for the financial year 2024, attributed to its successful direct-to-consumer strategy, while AGL’s strong performance led