Listener questions from Ride The Wave
Few great questions from members of the Ride the Wave Investing chat group.
Pilbara Minerals first ever full year profit
Pilbara Minerals (ASX:PLS)
– First ever full year profit- Full-year after-tax profit of $561.8 million (FY2021: statutory loss of $51.4M)- 577% increase in sales revenue in FY22 to approximately $1.2 billion, up from $175.8 million in FY21.
Takeover tug of war for MACA between NRW and Thiess
MACA limited (ASX:MLD)
– NRW made bid consisting of 50% cash and 50% scrip, deemed to be less superior than Thiess bid (required due diligence and didn’t lock in scrip value)
– Thiess offer to acquire all of your MACA Shares for A$1.025 cash per MACA…
BHP massive results and OZL takeover update/thoughts
BHP (ASX:BHP)
– US$23.8 billion underlying attributable full year profit which blew analysts forecast out of the water and resulted in a US$8.9 billion dividend or US$1.75 per share (full year US$3.25)
– 2nd largest annual dividend of any global publ…
Strike Energy – Walyering being developed after 9 months
Strike Energy (ASX:STX)
– The Walyering gas field has been sanctioned for development in only 9 months from its announced discovery. (55% Strike, 45% Talon Energy)- Walyering will now transition into construction with a gross $14.4 million budgeted d…
ASX Bolters – Cobre and Magmatic Resources
Cobre (ASX:CBE)
– Market cap hits triple figures based on 4 massive Copper intersections in Botswana
– Infill Drilling program commencing
Magmatic Resources (ASX:MAG)
– Visible Copper Sulphides Intersected Over 740m Interval at Myall
AUSTIN ENGINEERING + SRG GLOBAL – Bit of activity in the Mining Services sector
SRG Global (ASX:SRG)
– Secures contract for NSW tower
– Underlying FY22 EBITDA of $57.2m, up 22%
AUSTIN ENGINEERING LIMITED (ASX:ANG)
– Acquired Mainetec for $19.6m (bucket company)
Making Underground Mining easy – Drillcube
Jason Wasley, founder of Drillcube comes on for another yarn to give everyone an update on Drillcubes rapid expansion.
Drillcube is a vertically integrated Mining Services business that aims to deliver products that help execute every stage of the U…
Hon. Bill Johnston – Minister for Mines and Petroleum
The Hon. Bill Johnston has come on for another yarn to give listeners an update on the WA Mining industry. We had a great chat about the big topics and issues in the Aussie Mining landscape, namely:
WA Critical Minerals prospectus
Exploration Incenti…
Channel Mine News – 11th Aug
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This episode is sponsored by the Go-To Mining Consultant, Entech Mining. Give them a follow on Linkedin at the Entech Linkedin Page
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Future Takeovers/Mergers – Predictions from Precision Funds Management + Matty
Buy all your Life Of Mine Merch here ► https://lifeofminepodcast.com/shop/
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This episode is sponsored by the Go-To Mining Consultant, Entech Mining. Give them a follow on Linkedin at the Entech Linkedin Page
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Mining Capital Raises – How they happen so quickly
Buy all your Life Of Mine Merch here ► https://lifeofminepodcast.com/shop/
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This episode is sponsored by the Go-To Mining Consultant, Entech Mining. Give them a follow on Linkedin at the Entech Linkedin Page
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