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AML3D Limited (ASX: AL3)
AML3D prints metal submarine parts for the United States Navy. In FY2026 it produced record revenue and its first EBITDA-positive half, and its shares fell about 46 per cent. In September 2026 it turned a copper-nickel qualification programme into its first production parts order, and did not repeat the non-safety-critical qualifier it had used on every earlier one.

Noel Ong
3 days ago60 min read


Brightstar Resources Limited (ASX: BTR), Part 3 of 3
Part 3 tests Brightstar's disclosure record against what it delivered, looks at the board and its incentives, sets the company against its peers, sets out the risks specific to it, and closes with Samso's concluding comments.

Noel Ong
6 days ago35 min read


Brightstar Resources Limited (ASX: BTR), Part 2 of 3
Part 2 reads the 5.17 million ounce Mineral Resource and the 351,000 ounce Ore Reserve, the 2026 drilling at Sandstone, the Laverton mill build and the balance sheet behind a June 2027 quarter target for first gold.

Noel Ong
Sep 2954 min read


Brightstar Resources Limited (ASX: BTR), Part 1 of 3
Brightstar Resources is building a 1.5 million tonne a year gold plant at Laverton, funded to first gold by a US$120 million bond and A$193 million of equity. Part 1 covers how the company was assembled, the three hubs, and what the updated feasibility study actually says.

Noel Ong
Sep 2459 min read


EchoIQ Limited (ASX: EIQ)
EchoIQ sells software that helps cardiologists read heart scans. One of its two products is cleared by the US FDA and is in use in United States hospitals. The other was told on 8 September 2026 that it had not been cleared, and the shares halved the next day.

Noel Ong
Sep 2267 min read


Tusker Minerals Limited (ASX: TSK)
A Samso Research workup on Tusker Minerals (ASX: TSK). A 2.1 to 2.6 billion tonne JORC Exploration Target in the Douala Basin, Cameroon, what the grade actually means, and the one event that would settle the argument.

Noel Ong
Sep 1641 min read


Ordell Minerals Limited (ASX: ORD)
Ordell Minerals has put a maiden Mineral Resource Estimate on the calendar for the December 2026 quarter, on a granodiorite-hosted gold system 6km from a producing 1.3Moz open pit. This workup examines what the company has actually published, and what that evidence does and does not support.

Noel Ong
Sep 1246 min read


Kaoko Metals Limited (ASX: KAO)
Kaoko Metals drilled its first ever holes at Chalkos in Namibia and logged about sixty metres of visible copper. The stock ran from 73 cents to A$2.50 in two sessions, and the company then raised A$20 million at A$2.20, above its fifteen-day average. This workup sets out what has actually been proven, what has not, and why the assay result is still the event that settles it.

Noel Ong
Sep 953 min read


Australian Rare Earths Limited (ASX: AR3)
Australian Rare Earths carries two very different assets on one small balance sheet. Koppamurra is an ionic clay rare earths project with a Pre-Feasibility Study and a maiden Ore Reserve, one of only two assets in its peer group to hold one. Overland is a niobium carbonatite discovery that is one drill hole old. This workup separates what has been proven from what has been interpreted, at both.

Noel Ong
Sep 955 min read


The Science Beneath the Announcements: ISMUMS2026, Critical Metals, and Why Independent Research Matters on the ASX
The world's best minds in magmatic ore deposits just spent a week in Perth. Most ASX investors never heard about it and yet their portfolios are built on the science discussed in that room.
ISMUMS2026 covered the mineral systems behind Ni, Cu, Co, PGEs, V, Ti and Cr: the metals of the energy transition, and the bread and butter of the ASX junior sector. Samso's job is to carry that knowledge across the gap as research, not promotion, for investors who want to understand t

Noel Ong
Jul 97 min read
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