Samso Search Results

Gold's allure in the investment landscape is not merely a consequence of its tangible value but stems from its intricate role in financial history and its enduring economic fundamentals. As a cornerstone asset, gold has transcended centuries, bolstering its stature as a versatile and strategic investment choice. Its ability to act as a hedge against inflation, a diversifier in portfolio management, and a beacon of stability in tumultuous markets highlights its multifaceted appeal. This timeless appeal is further solidified by gold's performance as a long-term investment, maintaining its purchasing power and offering competitive returns compared to other asset classes (Figure 1).   Figure 1: Gold performance over the past 20 years (Source: World Gold Council)   Gold’s multifaceted demand Gold's demand dynamics are as diverse as its uses, spanning from investment and jewellery to industrial applications and central bank reserves. This diversity in demand sources provides a stabilising effect on its price, as different sectors respond to economic variables in varied ways. Investment demand for gold, for instance, often increases in response to economic uncertainty or geopolitical tensions, as investors seek a safe haven for their capital. Conversely, the demand in jewellery and industrial sectors tends to rise with economic growth, as consumer confidence and industrial demand grow. The central bank's role in gold demand further exemplifies its strategic importance. Central banks hold gold as part of their foreign exchange reserves, providing a foundation of trust and stability in their financial systems. The accumulation of gold by central banks, especially in times of economic uncertainty, underscores their confidence in gold as a store of value and a tool for financial stability. Figure 2: Gold’s sources for demand     Portfolio diversification The inclusion of gold in investment portfolios is not just about capital appreciation but also about risk management. Gold’s low correlation with other financial assets makes it an excellent tool for diversification, helping to reduce portfolio volatility and protect against market downturns. The ability of gold to perform well during periods of high inflation, currency devaluation, and economic recessions highlights its role as a financial safe haven. Liquidity and market dynamics Gold’s high liquidity is another compelling reason for its inclusion in investment portfolios. It can be easily bought and sold in global markets, providing investors with flexibility and access to cash when needed. The gold market's depth and breadth, with active trading in bullion, coins, futures, and exchange-traded funds (ETFs), ensure that gold can be liquidated efficiently, making it a reliable asset in both stable and volatile market conditions (Figure 3). Figure 3: Gold is liquid across key investment platforms   The future of gold in the ESG landscape As the investment landscape evolves, gold's role continues to adapt as well. The integration of ESG criteria into investment decisions has brought new dimensions to gold’s appeal. Investors are increasingly considering the environmental and social impacts of their investments, and gold, when sourced responsibly, aligns with these sustainable investment objectives. The gold mining industry’s efforts to improve environmental and social governance practices are crucial in maintaining gold’s attractiveness to modern investors. Moreover, the potential of gold to mitigate climate-related risks adds to its strategic value in portfolios. As the global economy grapples with the transition to a low-carbon future, gold's stability and lack of direct emissions make it an attractive asset for investors looking to reduce their environmental footprint. Concluding Reflections The strategic allocation to gold in investment portfolios is a practice grounded in centuries of economic history, yet it remains relevant in today’s dynamic financial landscape. Gold's unique combination of historical significance, economic stability, and diverse market demand, coupled with its role in modern sustainable investment practices, cements its status as a foundational asset in investment portfolios.  As financial markets continue to evolve, the timeless allure of gold, characterised by its resilience and adaptability, ensures its continued significance in achieving balanced and diversified investment strategies. Get Deeper Insights The latest and most reliable information from experienced sources, that are completely unbiased are now available through a Paid Membership. Sign up here  for a more trustworthy source of well-researched and independent information for investors.  ------- Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. ------ About Samso Samso  is a trusted platform that equips dedicated investors with up-to-date industry knowledge and insights from top CEOs and thought leaders. By staying informed on business advancements and market trends, investors can enhance their financial decisions through a combination of expert guidance and their own research. Coffee with Samso Experience

Coffee with Samso 195 is all about the accessibility of the Jupiter Rare Earth project. This episode comes from the site of the project and lets audiences see why Jupiter is all about Location, Location, Location. Venture Minerals Limited (ASX: VMS) is now finalising a drilling program to infill the Jupiter project as they work to build a maiden JORC resource for the project. It is also now bringing management to site to see for themselves the ease of having a potential mining proposition. Managing Director, Andrew Radonjic and the Chair, Mel Ashton are sharing with us their thoughts on this episode of Coffee with Samso. There are no revelations but a reinforcement to investors and shareholders that the potential for a mining operation will come with Tier 1 infrastructure and potential partners or off-takers. Remembering the Reasons to Focus on the Jupiter REE project The fanfare on the Jupiter Rare Earth project is all about the ASX release by Venture Minerals on the 29th November 2023 (Jupiter Delivers over 7,000 ppm TREO assays from Maiden RC Drill Program) and the second round of results that was released on the 8th March 2024 (Jupiter Drilling Continues to Deliver Broad High-Grade REE Mineralisation including a Record NdPr Intersection of over 5,000 ppm). The project is shaping up to be something different to the family of clay Rare Earth stories in Australia. Venture has been able to show up with good width of mineralisation, grades that are above the norm and its location for the mining process may well be a determining advantage. The share price has been very buoyant and when taken into context of the Rare Earth sector in general, Venture Minerals is doing very well. There is a keen interest in the market to see where this story will end up. This episode continues to share more insights into the project and why the management of Venture Minerals all all looking forward to move this project forward. Check out the conversation with Andrew Radonjic below: Samso's Conclusion In the lead-up to the trip to the project, Andrew Radonjic had been taking a position that the location of the project could be a game changer and I have to say that it does make sense. The highway is within 20km from the edge of the Jupiter Rare Earths Deposit, and there is a gas pipeline that is within the boundaries of the project. You will hear Andrew reiterating these points and as they approach the narrative of taking the project to the next step of potential mining, this will make an interesting story to follow. Chapters: 00:00 Start 00:55 Introduction to Mel Ashton 00:53 Updates on Jupiter 04:34 The Potential Size of the Jupiter Resource 08:55 Potential Strategy for Jupiter Project 11:52 Could there be other High-Grade "Cores"? 17:54 Discussion on Metallurgy 20:52 Location, Location Location 23:56 How can Venture take advantage of the REE Market? 25:57 What would the Exit look like for potential investors? 26:58 View on the Rare Earth Market over the next 12 months 34:41 News Flow 38:00 Tin 39:11 Conclusion PODCAST About Andrew Radonjic Qualifications: BAppSc (Mining Geology), MSc (Mineral Economics), MAusIMM Mr. Radonjic is a geologist and mineral economist with over 35 years of experience in mining and exploration, with an initial focus on gold and nickel in the Eastern Goldfields of Western Australia. Andrew has fulfilled a variety of senior roles which gave rise to three gold discoveries, totalling over 3 million ounces in resources and resulting in 1.5 million ounces being produced. Since 2006 Andrew has been an executive director with Venture Minerals, which he co-led during the discovery of the Mount Lindsay Tin-Tungsten deposit in North-West Tasmania. He is also a founding co-director of Blackstone Minerals and the non-executive Chairman of Codrus Minerals. About Venture Minerals Limited Venture Minerals Ltd (ASX: VMS) has made a recent discovery at the Brothers REE Project including the Jupiter Clay Hosted Rare Earths Prospect. The Brothers Project includes the Iron Duke JV which hosts the Jupiter Prospect and is a potentially significant REE clay hosted discovery near Yalgoo in Western Australia. Brothers is well located to significant infrastructure including the port of Geraldton, Iluka’s Eneabba Rare Earths Refinery and Lynas Rare Earths currently operating Mount Weld Concentrator. The Mount Lindsay Tin-Tungsten Project in northwest Tasmania, already one of the world’s largest undeveloped Tin-Tungsten deposits. With the recognition of Tin as a fundamental metal to the battery revolution and Tungsten being a critical mineral, Venture has commenced an Underground Feasibility Study on Mount Lindsay that will leverage off the previously completed open-pit feasibility work, and recently included additional, potential large-scale quantities of tin and boron within the current resource base, and extensively throughout the greater Mount Lindsay skarn system. The tin-borates have not previously been assessed in any mining studies. Borate minerals contain a large amount of Boron, a critical mineral in the solar panel industry. At the neighbouring Riley Iron Ore Mine, the mine is prepared for a quick restart should the market conditions become favourable. In Western Australia, Chalice Mining (ASX: CHN) recently committed to the second stage of the JV which requires a further $2.5 million of expenditure over the next two years to earn a further 19% interest (for a total of 70%) in Venture’s South West Project. At the Company’s Golden Grove North Project, SensOre (ASX: S3N) (name changed to Premier1 Lithium ASX: PLC) is farming in whilst Venture retains the REE rights, the earn-in includes drilling of the Vulcan High Grade REE Target. SensOre’s proprietary AI technology has already highlighted lithium and copper exploration potential at Golden Grove North. The Company has a significant Nickel-Copper-PGE landholding at Kulin with two highly prospective 20-kilometre-long Ni-Cu-PGE targets within the Kulin Project, whilst recent exploration has identified clay hosted REE targets. Share to Grow: Your Bonus eBook: How to add value to your Share Portfolio This is a good time to download our Free Ebook as it is all about VMS (Volcanogenic Massive Sulfides). The eBook is about lessons on geological models sought by mining companies. It gives insight and an understanding of which portfolios are better - and potentially more lucrative investments. Click here to download this eBook. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. About Samso Samso-Brilliant Distribution Outreach Powerful Advertising opportunities for Samso’s ASX and private business clients. The Brilliant-Online partnership is an opportunity to reach new and wider audiences in a fresh, appealing format to pique and retain investor interest. Contact Veronica directly for your special Samso-Brilliant advertising rate. Read Brilliant Investments

Jonathan Fisher, the CEO of Cauldron Energy , is steering the conversation on uranium mining in Australia towards a more informed and progressive direction.  Under his leadership, the company is navigating the intricate landscape of regulatory, environmental, and public perception challenges that have historically constrained the uranium mining sector in WA.   With a background rich in nuclear advisory and a pivotal role in establishing Australia’s first radioactive waste repository, Fisher brings unparalleled expertise and insight to the industry, particularly in Western Australia (WA), a region with significant uranium reserves (Figure 1). Figure 1: WA uranium sites with mineralisation style (Source: DMP uranium factsheet)   Fisher’s approach is grounded in educating stakeholders about the factual aspects of uranium mining, separating it from the misconceptions associated with nuclear energy production.  By advocating for an informed understanding, Fisher aims to reshape the narrative, highlighting uranium mining as a safe, environmentally sound practice integral to advancing clean energy goals.  I think we've got a moral obligation to help the world decarbonise by providing them uranium that they are desperate for,” says Fisher.  “Nuclear waste is not green”   Fisher emphasises the environmental advantages of uranium mining, noting its capacity to produce low-level radioactive waste compared to the natural radioactivity of untouched deposits (Figure 2).  "And, contrary to what it says on The Simpsons, nuclear waste is not green, it’s not sludgy. Right? It's black and hard,” said Fisher.  This point is critical in his argument against the prevailing myths that overshadow the industry's potential benefits.  Figure 2: Carbon emissions (Source: Cauldron website)   Political landscape in WA   The political landscape in WA, characterised by fluctuating policies toward uranium mining, is another area where Fisher is actively seeking change.   He argues for a stable, supportive policy environment that aligns with the increasing global demand for clean energy.   Fisher’s vision extends beyond local politics, encompassing a broader strategy to position Australia as a crucial player in the global uranium market - essential for the clean energy transition.  Economics   Fisher highlights the industry's potential to generate significant economic growth, job opportunities, and energy security.   He passionately articulates the sector's capacity to bolster the national economy, advocating for strategic utilisation of Australia’s uranium resources to meet both domestic and international energy demands.  Moreover, Fisher is not just focused on the immediate benefits of uranium mining.   He envisions a future where Australia leverages its nuclear expertise and regulatory frameworks to lead in global nuclear safety and waste management practices.   His advocacy extends to ensuring that uranium mining is recognised not only for its economic potential but also for its role in a sustainable, low-carbon energy future.  Get Deeper Insights The latest and most reliable information from experienced sources, that are completely unbiased are now available through a Paid Membership. Sign up here  for a more trustworthy source of well-researched and independent information for investors.  ------- Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. ------ About Samso Samso  is a trusted platform that equips dedicated investors with up-to-date industry knowledge and insights from top CEOs and thought leaders. By staying informed on business advancements and market trends, investors can enhance their financial decisions through a combination of expert guidance and their own research. Coffee with Samso Experience

Australian Wealth Advisors Group (ASX: WAG) successfully raised A$5 million in an oversubscribed IPO, setting the stage for its growth strategy. The company is focused on expanding through acquisitions, starting with Armytage Private (ARMY) and CHPW Financial, both in the financial advice and funds management sectors. With a strong market presence and operational infrastructure, AWAG plans to capitalise on its recent IPO to drive organic growth and seek further acquisitions in financial planning and wealth management. This story is ideal for investors looking for opportunities in financial services, wealth management, and funds management. Sign up for your membership on Samso Insights on Patreon to read the full story. Three types of membership on Samso Insights Choose one or more: FREE : These insights  are free and available to all investors. Subscribe here  for free. PAID MEMBERSHIP : If you are a bold investor and want more, you get access to the latest and most reliable information from experienced sources that are completely unbiased starting from US$10/month. Start accessing our exclusive content to help with your investment research . PAID ARTICLES : Trustworthy source of well-researched and independent information for investors. Choose what interests you and unlock your choice of article from US$10. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. If you find this article informative and useful, please help me share the information.  I try and write about topics that are interesting and have the potential to be of investment value.  It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au . About Samso

Pioneer Lithium (ASX: PLN) is actively progressing its Canadian lithium projects, focusing on its flagship Root Lake Lithium Project in Ontario. Following its well-received IPO, Pioneer is conducting its maiden drilling program after identifying 89 new pegmatites during fieldwork. The company also recently acquired the Benham Lithium Project, where channel sampling revealed promising grades of up to 4.61% lithium, highlighting the potential for significant discoveries. Additionally, prospecting at the LaGrande Project in Quebec confirmed the presence of nine new pegmatites. This blog is ideal for investors interested in lithium exploration and development, particularly those seeking high-potential projects in Tier-1 jurisdictions. Sign up for your membership on Samso Insights on Patreon now. Three types of membership on Samso Insights Choose one or more: FREE : These insights  are free and available to all investors. Subscribe here  for free. PAID MEMBERSHIP : If you are a bold investor and want more, you get access to the latest and most reliable information from experienced sources that are completely unbiased starting from US$10/month. Start accessing our exclusive content to help with your investment research . PAID ARTICLES : Trustworthy source of well-researched and independent information for investors. Choose what interests you and unlock your choice of article from US$10. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. If you find this article informative and useful, please help me share the information.  I try and write about topics that are interesting and have the potential to be of investment value.  It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au . About Samso

Freedom Care Group Holdings Ltd (ASX: FCG) is an emerging provider of NDIS services, recovering from a rocky start on the ASX after its November IPO, and now trading at A$0.195. The Sydney-based company offers a range of allied health and care services, primarily in the greater Sydney area. With its "multi-faceted" growth strategy in place, Freedom Care is focusing on both organic expansion and acquisitions to scale its business, with plans to grow geographically and enhance service offerings. Despite reporting a net loss of A$200,000 due to one-off IPO expenses, the company saw a 54% increase in revenue and a solid balance sheet with A$3.7 million in cash. Investors interested in the growing NDIS market and companies with a strategic focus on scaling operations will find Freedom Care Group an attractive prospect for long-term growth potential. Need support with Doing Your Own Research? Sign up for your membership on Samso Insights on Patreon now. Three types of membership on Samso Insights Choose one or more: FREE : These insights  are free and available to all investors. Subscribe here  for free. PAID MEMBERSHIP : If you are a bold investor and want more, you get access to the latest and most reliable information from experienced sources that are completely unbiased starting from US$10/month. Start accessing our exclusive content to help with your investment research . PAID ARTICLES : Trustworthy source of well-researched and independent information for investors. Choose what interests you and unlock your choice of article from US$10. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. If you find this article informative and useful, please help me share the information.  I try and write about topics that are interesting and have the potential to be of investment value.  It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au . About Samso

Since its December listing, LTR Pharma (ASX: LTP) has made impressive strides, with its share price rising 60% following the launch of its innovative SPONTAN nasal spray for erectile dysfunction (ED). This first-of-its-kind treatment promises to deliver results in 10 minutes or less, disrupting the global PDE5 market dominated by oral medications like Viagra. LTR is currently conducting a pivotal clinical study, comparing SPONTAN's efficacy to oral Vardenafil, with data expected by mid-2024. This blog is ideal for investors interested in cutting-edge biopharmaceutical innovations with the potential to revolutionise a multi-billion-dollar market. LTR Pharma’s progress offers a compelling opportunity for those looking to invest in breakthrough healthcare solutions. Ready to Do Your Own Research? Sign up for your membership on Samso Insights on Patreon now for support in boosting your investment research. Three types of membership on Samso Insights Choose one or more: FREE : These insights  are free and available to all investors. Subscribe here  for free. PAID MEMBERSHIP : If you are a bold investor and want more, you get access to the latest and most reliable information from experienced sources that are completely unbiased starting from US$10/month. Start accessing our exclusive content to help with your investment research . PAID ARTICLES : Trustworthy source of well-researched and independent information for investors. Choose what interests you and unlock your choice of article from US$10. Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. If you find this article informative and useful, please help me share the information.  I try and write about topics that are interesting and have the potential to be of investment value.  It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au . About Samso

Tasmea Limited  has accelerated its initial public offering (IPO), raising A$59 million with the transaction underwritten just last week.  Primarily operating in Western Australia and serving iron ore miners, the company’s shares were priced at A$1.56 each, targeting a market capitalisation of A$339.7 million and an enterprise valuation of A$363.8 million.   Finalised last Thursday, the IPO was quickly filled by institutional investors, bypassing the planned retail bookbuild - which was supposed to take place between March 27th to April 10th.  With the IPO in bay, the company is slated to list on the ASX on April 29, 2024.  Looking ahead, the proceeds from the IPO will be allocated to repaying selling shareholders, reducing debt, acquisitions, and working capital.  IPO Summary   Tasmea, with its major divisions in electrical, mechanical, water, and civil works, sold 17% of its stake in the IPO, committing to a 17-month escrow period.   Financial institutions Morgans, Shaw and Partners, and Unified Capital Partners led the deal, with Morgans and Unified providing underwriting.  The IPO proceeds are earmarked for various strategic uses, including shareholder payouts, debt reduction, acquisitions, and bolstering working capital, demonstrating Tasmea's prudent financial planning and growth-oriented strategy.  About A$26 million of IPO bookbuild will go towards paying out selling shareholders, with A$12 million marked for reducing leverage.  The leftover will fund acquisitions (A$10 million) and working capital (A$5 million).   The business would have A$24.1 million pro forma net debt at completion.  Finances   Financial projections are optimistic, with Tasmea aiming for a revenue of A$434 million and earnings before interest and taxes (EBIT) of A$54 million for the fiscal year ending June 30.  The company, founded by Stephen Young and employing 1,400 people, is projected to achieve A$434 million in revenue and A$54 million in earnings before interest and taxes (EBIT) for the current fiscal year.  Future forecasts are even more promising, with an anticipated EBIT of A$110 million by the 2027 financial year.     Background   Tasmea Limited is an investment company which operates sixteen wholly owned subsidiaries across the mining, resources, defence, water, energy and financial services space.  Previously known as E&A, the company has expanded its portfolio by acquiring several mining services and contracting subsidiaries throughout Australia.   The company initiated its expansion in 2001 by investing in the South Australian firm Louminco, which later merged with Whyalla Fabrications.   In 2009, Tasmea acquired ICE Engineering & Construction, further enlarging its operations.  The company extended its reach to Western Australia in 2016 with the acquisition of Tasman Power, leading to the establishment of Tasman Rope Access.   Additional acquisitions in Western Australia include Northwest Mining & Civil in the Pilbara region, Laptek Systems in Maddington, and A Noble & Son in Welshpool, specialising in lifting and rigging services.  Mostly recently, Tasmea has strengthened operations in NSW with the acquisition of Forefront services – a company specialising in underground and surface fixed plant maintenance.  Also, the company recently acquired Corfield’s Electrical Service, a privately-owned Central Queensland-based company that provides electrical and communication installation and maintenance services to the industrial and commercial business sectors.  Samso's Thoughts Mining servicing is a business that will print money. There is no need to think about it much as the whole country is awashed with customers. There are competitors but looking at the balance sheet that is in the prospectus, one can feel comfort. I have been in the mineral exploration and mining sector since 1992 and I can tell you that the mining servicing business and those services that help the mineral exploration sectors are always making money. DYOR on this counter and you will find the same conclusion. There is a reason that the institutions are all over this IPO. They back good stories and good income-generating business. Get Deeper Insights The latest and most reliable information from experienced sources, that are completely unbiased are now available through a Paid Membership. Sign up here  for a more trustworthy source of well-researched and independent information for investors.  ------- Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. ------ About Samso Samso  is a trusted platform that equips dedicated investors with up-to-date industry knowledge and insights from top CEOs and thought leaders. By staying informed on business advancements and market trends, investors can enhance their financial decisions through a combination of expert guidance and their own research. Coffee with Samso Experience

The final debutante for 2023, Enlitic Inc (ASX: ENL)  hit the boards on December 19th after a successful $A21 million capital raise to accelerate the company’s commercialisation in the AI-powered medical diagnostics space.  The Colorado-based outfit listed on the ASX via chess depository interests (CDI) currently trading at A$0.65, down 27% from the IPO offer price.  Using artificial intelligence, the company is developing products that manage medical imaging data in radiology and licences such products to healthcare providers and original equipment manufacturers.  Looking ahead, Enlitic has multiple software releases scheduled for FY2024, set to boost delivery to contracted customers and advance the capabilities of the product and the company’s strategy.  Figure 1: ENL share price chart  Company Overview   Enlitic is a software development company that uses AI to develop software products that manage medical imaging data in radiology (such as MRI, CT scans, X-ray and ultrasound images) and licenses such products to healthcare providers.   Its technology features a host of AI-powered modules that enable data standardisation, de-identification, anonymisation and workflow simplification.   The company’s mission is to "revolutionise" healthcare by leveraging AI and data, empowering evidence-based decision-making, enhancing research, and transforming healthcare delivery.  The Enlitic solution is built upon a software framework, creating a network between applications.   It houses an ecosystem that enables and supports the exchange of information or content between different interdependent applications.  The framework facilitates communications between modalities, Enlitic applications, Electronic Medical Records and PACS.  What are Enlitic’s applications?   Enlitic currently offers the following key products (Figure 2):  ENDEX™:   a medical imaging solution that standardises and structures data from medical images - this is Enlitic’s core product; and  ENCOG™:  de-identifies medical imaging data.  Enlitic also has in development the following two products in its pipeline:  ENCODE™:   will seek to improve data quality that impacts coding and reimbursement; and  ENSIGHT™:  will seek to leverage interoperability with data analysis  Figure 2: Real-world medical image database (Source: company website)   What’s been happening lately?   In 2023 alone, Enlitic has secured 10 successful contractual agreements.  Following suit, Enlitic has expanded its subscription license agreement recently with leading diagnostic services provider Unilabs Laboratoire d’Analyses Médicales to provide its ENDEX software to Unilabs’ radiology business.  Unilabs is one of Europe’s largest diagnostics companies with a network of over 180 imaging centres, conducting more than 5 million imaging exams annually.   Unilabs will implement Enlitic’s ENDEX software across its radiology business to normalise its medical image data to a consistent clinical nomenclature and to connect relevant clinical content across its different clinic systems.  The new agreement incorporates the remainder of Enlitic’s 2021 contract with Unilabs’ TMC business which resulted in a 10% increase in radiologist productivity, with faster reporting and the ability to handle higher exam volumes.  FY24 outlook   In the first two months of 2024,  Enlitic continued to progress the conversion of its customer opportunity pipeline with several US  customer agreements moving through the proof-of-concept phase towards license agreements.   Throughout 2024, Enlitic aims to continue to grow its customer base and pipeline by leveraging its direct and OEM sales force to reach customers across key global markets.   Enlitic also began collaborating with its distribution partners,  developing joint go-to-market plans and developing sales training activities.    Furthermore, the company is also developing data monetisation strategies in collaboration with its customers and healthcare providers with a view to brokering the sale of data on behalf of its customers.  Samso's Thoughts It's amazing how the world of AI is now penetrating everyday life with levels of normality. Industries far and wide are now adopters of AI and in many cases, the technology is applied without any fanfare. Commercialisation of technology is now a common aspect of the industry. The use in the medical industry gets more attention as human beings need reassurance of its validity but in the movie industry, it is widely accepted. Mining and mineral exploration where I am mostly involved, the technology is now mainstream. The understanding and acceptance of AI in the medical industry will be where it would thrive the most and this is where companies like Enlitic are going to make headlines. As we can see, the commercialisation with contracts is the key for Enlitic. I am looking at this industry more now and like many investors in the ASX, I am doing some serious DYOR. Keep your portfolio options open and reach out to the management of the company and get your own thoughts processed in line. Get Deeper Insights The latest and most reliable information from experienced sources, that are completely unbiased are now available through a Paid Membership. Sign up here  for a more trustworthy source of well-researched and independent information for investors.  ------- Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. ------ About Samso Samso  is a trusted platform that equips dedicated investors with up-to-date industry knowledge and insights from top CEOs and thought leaders. By staying informed on business advancements and market trends, investors can enhance their financial decisions through a combination of expert guidance and their own research. Coffee with Samso Experience

After a dismal IPO in late October, during which shares dropped nearly 50%, Chariot Corporation Ltd (ASX: CC9)  immediately hit the ground at its flagship Black Mountain Project in Wyoming, looking to turn the tides in its favour.  At the outset, the company faced challenging early winter conditions that led to issues such as freezing of the water source, water and diesel lines, water truck breakdowns, and blocked access roads—not to mention the gloomy lithium prices.  However, as results started to come in from the company’s maiden drill program, Black Mountain, things started to take a turn for the better for the North American Lithium explorer who intersected ‘significant’ lithium and base metal hits – which the company described as “stunning”.  Interestingly, this is the first hard rock lithium discovery through drilling in Wyoming.  The company has expanded its land position in Wyoming to 206% and increased its Wyoming lithium portfolio to 93.9% - cementing its confidence in the project.  Chariot shares are trading as high as $A0.31 today, up 24% from the opening price ( Figure 1). Figure 1: Chariot share price chart (Source: Google Finance). “Stunning” Results   Black Mountain’s maiden drill program has delivered strong initial hard rock lithium results with multiple mineralised lithium intersections from the first three holes.  During the program, all holes intersected high-grade spodumene mineralisation, confirming the potential of the Black Mountain LCT pegmatite swarms (Figure 2).   Figure 2: Plan View of the Black Mountain Project, showing the pegmatite outcrops (dark red) and interpreted folded geometry (in light red) along with the Northwest and Southeast Cross-Section Lines and Drill Collars (Source: ASX release).   Notable results include:    BMDDH23_01 15.48m @ 1.12% Li2O and 79ppm Ta2O5 from 2.74m, including 4.27m @ 2.46% Li2O and 128 ppm Ta2O5 from 9.94m;  BMDDH23_02 14.33m @ 0.84% Li2O and 61ppm Ta2O5 from 1.83m, including 2.29m @ 3.09% Li2O and 138ppm Ta2O5 from 10.67m; and  BMDDH23_03 18.81m @ 0.85% Li2O and 98ppm Ta2O5 from 45.26m, including 5.79m @ 1.08% Li2O and 105ppm Ta2O5 from 47.55m.  These drill results confirm the potential of the Black Mountain lithium caesium tantalum (LCT) pegmatite swarms, with the assays returning individual lithium and tantalum values of up to 3.79% lithium and 230ppm tantalum.  Furthermore, the company is optimistic it may have intersected the peripheral portion of a potentially larger base metal mineral system, with selected intervals grading up to 0.6% copper, 1.0% zinc and 15.4% lead.    Wyoming Expansion   As part of its Wyoming expansion, Chariot has now increased its landholding in Wyoming to 218 contiguous claims, resulting in a 206% increase in project tenure area (Figure 3).  The Black Mountain project now comprises 352 claims covering 2,686 hectares of tenure.  Meanwhile, Chariot increased its ownership of Wyoming Lithium Pty Ltd from 91.9% to 93.9% via a share subscription to reimburse Chariot for exploration expenses incurred at the Wyoming Lithium Projects.  Figure 3: Black Mountain Project – expanded footprint ( Source: ASX release). Looking Ahead   As of February, drilling continues with eight holes completed to date, and assay results for the subsequent five holes are pending and expected to be announced by next month.  This information will be used to design a more extensive 5,000- to 10,000-metre phase 2 resource definition drill program, which is expected to kick off in the September quarter.  In anticipation of the Phase 2 resource drill Program, the initial focus will consist of detailed re-logging of the Phase 1 Program drill core along with a detailed petrographic study of the mineralisation and selection and submittal of samples for initial metallurgical testing.  At the same time, the existing rock chip and soil sampling program will be extended to the north and east to close off the open lithium and base metal anomalies.  In addition, the company plans to run a preliminary IP/Resistivity survey over the area of anomalous Zn-Pb soil geochemistry to assist in siting several holes to test the nature of this base metal mineralisation in September and December quarter of 2024.  Company Background   Chariot has twelve lithium projects, including two core projects and a number of exploration pipeline projects, which Chariot's majority own and operate.    The core projects include the flagship Black Mountain Project in Wyoming, USA and the Resurgent Project (prospective for claystone lithium) in Nevada and Oregon, USA ( Figure 4).  Figure 4: Chariots Wyoming portfolio. Wyoming is a tier 1 mining jurisdiction with a long history of gold, uranium, coal and industrial minerals mining and production, accounting for approximately 20% of the state’s GDP in 2023.  Wyoming is currently the 8th largest oil and gas producer in the U.S.A. with a well-established oil field services industry.   Chariot has already engaged a number of oil field service providers to provide various services for the phase 1 drilling program at Black Mountain and anticipates further leveraging of the available local oil field service providers for future exploration and mine development activities.  Get Deeper Insights The latest and most reliable information from experienced sources, that are completely unbiased are now available through a Paid Membership. Sign up here  for a more trustworthy source of well-researched and independent information for investors.  ------- Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. ------ About Samso Samso  is a trusted platform that equips dedicated investors with up-to-date industry knowledge and insights from top CEOs and thought leaders. By staying informed on business advancements and market trends, investors can enhance their financial decisions through a combination of expert guidance and their own research. Coffee with Samso Experience

After having a tough year in its home base, Kiwi-based courier and express delivery company Freightways Group Ltd (ASX: FRW) i s exploring a larger investor market in Australia, with its dual listing on the ASX last September.  The company recognises Australia's increasing significance in its activities, with Australian operations contributing to 30% of its total revenue in FY23.  With the listing, Freightways will collaborate with Australian fund managers who primarily focus on ASX-listed companies, thereby expanding its investor base in alignment with its business reach.  Freightways anticipates that growth in Australia will surpass that of New Zealand in the future. The company is currently trading on the ASX at A$7.75 with a market cap of A$1.39 billion (Figure 1).  Figure 1: Share price chart (Source: Google Finance)   In Australia since 2007   Freightways' foray into the Australian market began in 2007 with the purchase of Databank, an information management enterprise.   Since then, the company has expanded its services to include information management, secure destruction, and waste management.   The acquisition of the Allied Express business in October 2022 significantly enhanced Freightways' presence across Australia, diversifying its income sources and reducing its economic reliance on New Zealand.  To further bolster its operations, Freightways is set to enhance Allied Express in Australia by implementing automation in facilities located in New South Wales (NSW) and Victoria.    This initiative aims to support a potential revenue surge and ensure the company can seize a larger market share without being hampered by infrastructure limitations.   This strategic move is pivotal, considering the Australian express delivery market's size is roughly eight times greater than New Zealand's.  Looking ahead   In the face of a challenging economic climate, the company remains optimistic about the resilience of its business model, underscored by its diversification across various segments and geographies.   While volumes have stabilised in Australia and New Zealand, they remain sensitive to the economic conditions in these countries.   The labour markets, especially in New Zealand, have shown signs of relaxation, with the company anticipating normalisation of labour rate increases by the fiscal year 2025 (FY25).  On the operational front, Freightways medical waste management outfit, MedX in Victoria is set to kick off operations in the December quarter.   The company aims to enhance utilisation at the Ruakura facility throughout FY24, achieving breakeven by the March quarter of FY25 and projecting positive returns thereafter.   After a period of stabilisation, paper pricing has seen a slight recovery from the first quarter (Q1) lows.  The anticipated full-year capital expenditure is A$35 million, which includes the installation of the second automated sortation system at Allied Express in Victoria.   For FY25 and FY26, the focus will shift to margin restoration in both divisions, supported by easing labour rates and modest organic growth.  Looking ahead, the group intends to explore acquisition opportunities that align with its existing operations and capabilities, aiming to deliver value to its shareholders.  Background   Freightways business verticals are across four main areas: Express Package and Business Mail (EP & BM), Temperature Controlled, Information Management, and Waste Renewal.   The EP & BM sector is known for its expedited and same-day deliveries, oversized parcels and airfreight capabilities.   The Temperature Controlled segment provides critical refrigerated transport services, with ProducePronto leading the charge in national expansion, thereby enhancing connectivity with major fresh produce markets.  In Information Management, Freightways’s Stocka is a service aiding Australian eCommerce entities to penetrate the New Zealand market.   Stocka facilitates storage and comprehensive logistics management for small-medium businesses (SMBs) in New Zealand, streamlining their operations across the Tasman.   Additionally, the Waste Renewal division underscores Freightways’ commitment to environmental stewardship through its specialised medical waste management services.  These strategic initiatives across its diversified segments position Freightways to leverage growth opportunities, reinforcing its market presence and operational excellence in the logistics sector.  Get Deeper Insights The latest and most reliable information from experienced sources, that are completely unbiased are now available through a Paid Membership. Sign up here  for a more trustworthy source of well-researched and independent information for investors.  ------- Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. ------ About Samso Samso  is a trusted platform that equips dedicated investors with up-to-date industry knowledge and insights from top CEOs and thought leaders. By staying informed on business advancements and market trends, investors can enhance their financial decisions through a combination of expert guidance and their own research. Coffee with Samso Experience

Just five months into its ASX foray, Great Divide Mining Ltd (ASX: GDM)  has identified the potential for lithium and rare earth elements (REE) at the company’s Cape Project within the New Goldfield tenement in Queensland.  To fund its gold and critical metals projects, the company floated on the ASX after a $5 million IPO at an offer price of $A0.21, which was oversubscribed.  Situated within Queensland, Each of GDM’s projects are believed to have “company maker” potential:   Yellow Jack – prospective for gold;  Coonambula – prospective for gold-antimony;  Devils Mountain – prospective for gold; and  Cape – prospective for copper-gold-rare earth  The projects sit across eleven tenements in historical mining areas with past exploration and nearby infrastructure.  At present, GDM shares have been trading at A$0.28, up 33.3% from the offer price (Figure 1).  Figure 1: Share price chart ( Source Listcorp)   Lithium and REE potential   GDM has revealed during its preliminary exploration results, and desktop studies have identified lithium and REE potential at the Cape Project.  Commenting on the find, the company’s CEO Justin Haines said: “Although we are in the infancy of our exploration at New Goldfield, early indications of prospectivity for Lithium and REE are encouraging and present a ‘bonus’ to GDM beyond the priority gold and base metal prospects on this tenement."   Moving forward, the company aims to conduct on-site exploration at New Goldfield across its existing gold and base metals targets, as well as this new lithium and REE opportunities (Figure 2).  Figure 2: Cape Project Location and Major Mines (Source: ASX website)   “Excellent” gold assays from Yellow Jack   In January, the company delivered assays described as “excellent” from its diamond drilling program at Yellow Jack (Figure 3).  Assays from three diamond drill holes have highlighted ‘significant’ gold hits, including:  12 metres @ 2.70 g/t gold from 25 metres depth in the hole, including 6 metres @ 4.15g/t gold from 30 metres depth, and   6.2 m @ 1.1 g/t Au from 80 m depth in hole 23YJDD217    Figure 3: Yellow Jack Project location and major mines   Commenting on these new assay results, Haines said: “We have seen some excellent intercepts from our diamond drilling campaign at Yellow Jack.  “In particular, the intercept of 6m @ 4.15 g/t Au in hole 23YJDD219from 30 m depth indicates that the Gold mineralisation is of higher concentration in certain areas and extends further along strike and at depth than initially anticipated.  “We are undertaking a full 3D interpretation of the Yellow Jack Gold system, which will be completed over the coming weeks, and are now well placed to consider an update of our previously announced JORC Mineral Resource Estimate of over 51,000 oz contained Gold at Yellow Jack.”  Looking ahead   GDM is also continuing with the exploration and assessment of its other projects (Figure 4)   The Yellow Jack geology and mining studies are continuing to assess the project's commercial potential, with results expected in the coming months.  What’s more, planning for exploration works at Coonambula and Devils Mountain is nearing completion in readiness for the commencement of the field season.  Figure 4: Forward plan for GDM’s projects (Source GDM website)   Samso's Thoughts The GDM story is very typical of the region they are exploring. If you look at Figure 1 and Figure 2, there is evidence of good mineralisation, and there is no doubt that their concepts are valid. This is a gold and copper country, and antimony and molybdenum are commonly associated with mineralisation as well. I am not a big fan of the lithium and REE story, and I hope the company focuses on gold and copper. The results to date are encouraging, but they are still a distance from discovery. This is not a negative point; it just means there is work to do. The one issue with the GDM story and that of all aspiring juniors in this place will be the duration required for an economic discovery. The systems are typically tight, meaning they are small and usually complex to define. This means that the hurdles may create less luck than more luck for discovery. Pacgold Limited (ASX: PGO) is located near the Cape Project with its Alice River Gold project, and it is a good prospectivity comparison. I have just seen its presentation, and it seems that it is on the verge of a decent discovery. I would encourage readers to go and have a look at its presentation and check out the potential. As always, DYOR, keep an eye out for their announcements. Get Deeper Insights The latest and most reliable information from experienced sources, that are completely unbiased are now available through a Paid Membership. Sign up here  for a more trustworthy source of well-researched and independent information for investors.  ------- Disclaimer The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. ------ About Samso Samso  is a trusted platform that equips dedicated investors with up-to-date industry knowledge and insights from top CEOs and thought leaders. By staying informed on business advancements and market trends, investors can enhance their financial decisions through a combination of expert guidance and their own research. Coffee with Samso Experience