LA Private

February 2024

Encouraging results at Liberty Lithium

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 […]

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ASX closes 0.3% higher: Cochlear upgrades FY24 earnings guidance

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

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China’s deflation woes persist

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

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AMCIL (ASX:AMH) FY24 half-year results

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.

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Australian Foundation Investment Company (ASX:AFI) FY24 half-year results

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

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Transurban forecasts 7% distribution increase amidst Rozelle interchange confusion

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

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Mirvac reports $366 million loss

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

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Stocks of the Hour: QX Resources, Chimeric Therapeutics, Alliance Nickel

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

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