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  • Indigenous Women In Mining - Challenges and The Future.

    Coffee with Samso Episode 95 with Florence Drummond, CEO & Co-Founder of IWIMRA (Indigenous Women in Mining and Resources Australia). IWIMRA is an organisation that aims to create a stronger connection amongst Indigenous women in Australia’s Mining and Resource sector. With the whole ESG factor developing, I have been looking to seek the Social aspect of the ESG. My thoughts are that the key component of making ESG work is to create a greater awareness of First Nation requirements. I saw Florence Drummond on LinkedIn with her cause and I wanted to get her onto Coffee With Samso to share with us her work. The mineral resource sector is a high value component of Australia's GDP, so it would make perfect sense to encourage the First Nation population to participate in the continued growth of the industry. Mining projects are in remote areas, and as Florence shares, it makes sense to encourage the indigenous population to join and create wealth in the community by encouraging employment. Florence comes across as an energised ambassador of this cause and I was thankful for her to participate in the Samso ESG series of Conversations. Tune in to find out more about Florence Drummond and IWIMRA. Chapters 00:00 Introduction 01:00 All about Florence Drummond 01:46 How do you start the topic of Indigenous Women in Mining. 03:43 How is the process of Indigenous people moving into employment? 04:55 How has the importance of education progressed in the First Nation mindset? 06:56 Young Florence travelling outside Australia 09:23 How has the awareness from her "World" helped the Indigenous cause? 11:23 How do you break the "Stay At Home Mum" image of women? 15:27 What is the goal of IWIMRA going forward? 16:29 Can Role Models encourage ideals? 18:29 Do you feel the need to break cultural traditions? 20:02 The importance of understanding Culture 21:25 Florence's thoughts on Indigenous people's place in the ESG Conversation 22:45 Conclusion PODCAST About Florence Drummond CEO & Co-Founder IWIMRA Florence Drummond leads IWIMRA, a community for Aboriginal and Torres Strait Islander women in the mining and resources sector. Founded in 2017 with the focus of raising the profile of Indigenous women, the national network is now stepping into the international arena and engaging with all Indigenous peoples in the sector. It is an organic shift into the NFP space to better contribute towards best practice. Florence's introduction to the mining industry was as a Machine Operator. Within the 8 years of her time working directly for tier one companies, alongside her national team, she has successfully built IWIMRA as a peak body for Indigenous relations within the sector. Her international participation and experience in attending forums such as UN Commission of the Status of Women in New York and also representing Australia at the regional forum of UN ESCAP in Bangkok, has continued to shape the expectations of the network to contribute at a policy level to ensure best practice for Indigenous stakeholder engagement in the industry. In 2020 Florence was recognised as WIMUK Global Top 100 Most Influential Women in Mining, joining a cohort of influential women who continue to reflect and uphold what good leadership looks like. About IWIMRA Indigenous Women In Mining and Resources Australia Indigenous Women in Mining and Resources Australia (IWIMRA) was founded in 2017 to create a stronger connection amongst Indigenous women in Australia’s Mining and Resource sector. IWIMRA partners with industries to continually raise the profile of Aboriginal and Torres Strait Islander women and to contribute to best practice solutions. Through their lived experiences, and their narrative of Indigenous intersectionality, it is their priority to ensure the visibility, voice and quality participation of Indigenous women. IWIMRA aspires to lead with clarity and purpose. Working with industries to build solutions-driven, cross-culture influential relationships, together they continue to contribute towards a sustainable future for everyone 1. Why does IWIMRA exist? To raise the profile of Indigenous women in the mining and resources industry 2. What does IWIMRA do? As a membership based organisation, IWIMRA aims to build an online community to engage in conversation with women across the industry. Our digital platform is designed to overcome geographical barriers with the core aim to identify gaps for career progression and opportunities to improve for Indigenous women. Furthermore, promote culturally safe professional development tools, access to community of mentors, quality opportunities and brokering greater relations with key industry stakeholders. IWIMRA is focused on building capacity that is fit for purpose, to align with the innovative nature of the mining and resources industry. 3. Who does IWIMRA benefit? IWIMRA is established to benefit Indigenous Women in the mining and resources sector. Indigenous women are identified as the cornerstone of many families and communities. Indigenous women's participation and influence in the industry can be utilised to strengthen relations within the Indigenous workforce, to promote retention initiatives. From a global perspective, Indigenous women are identified as most vulnerable, in their opportunities to innovate with the fast paced society. The mining and resources industry is informed by global instruments such as the Sustainable Development Goals 2030. 4. How will IWIMRA achieve its goals? IWIMRA will achieve its goals by strengthening its digital platform, which encompasses key focus areas that include: access to professional development pathways services, community of mentors and relations & investment by employee companies. This partnered approach to raising the profile of Indigenous women in mining and resources, will ensure transparency, accountability and ownership. 5. What does success look like? Success for IWIMRA will be a self sustaining network of confident, capable and informed women. Leading the conversation internally for specific Indigenous initiatives and contributing to industry best practice. The success of our digital platform to facilitate robust conversations within the mining and resources industry which will continue to promote and inform best practice, with a lens that is culturally safe, future focused and fit for purpose. To learn more of IWIMRA's membership opportunities contact here. 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. Your Bonus Samso has just released an eBook: How to Add Value to your Share Portfolio A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook. 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

  • Alterity Therapeutics Secures A$20M to Advance ATH434 Development - Treating Neurodegenerative Diseases.

    Announcement Alterity Raises A$20.0 million in Strategic Placement 8 September 2025 Alterity Therapeutics Limited (ASX: ATH, NASDAQ: ATHE), a biotechnology company focused on disease-modifying treatments for neurodegenerative diseases, has successfully raised A$20.0 million through a strategic placement to international and Australian professional investors. This development comes on the back of promising Phase 2 trial results for ATH434 in Multiple System Atrophy (MSA), strengthening the company’s position as it engages with the U.S. FDA and other regulators to chart the path forward. Key Highlights - Beginning the process of Treating Neurodegenerative Diseases. Capital Raising: Alterity secured binding commitments of A$20.0 million via a placement priced at A$0.012 per share. The raise was anchored by a high-quality international healthcare fund. The issue price represents a 7.7% discount to the last ASX close and a 7.3% discount to the 10-day VWAP. No options were issued. Balance Sheet Strength: The placement provides Alterity with a robust cash position to advance regulatory discussions, non-clinical studies, chemical manufacturing and controls (CMC) work, and broader clinical development for ATH434. Clinical Momentum: In 2025, Alterity reported positive topline results from two Phase 2 clinical trials (ATH434-201 and ATH434-202), which showed clinically meaningful benefits and a favorable safety profile. These data underpin the company’s engagement with the FDA on next steps for ATH434 in MSA. Strategic Positioning: The funding round further diversifies Alterity’s institutional register and provides flexibility to explore potential strategic partnerships as development advances. David Stamler, M.D., Chief Executive Officer of Alterity, commented: "We are thankful for the continued interest from the investment community following the robust efficacy we demonstrated in our Phase 2 clinical trial in Multiple System Atrophy. We look forward to an exciting twelve months ahead as we actively pursue the path to approval,” “We elected to execute this placement due to inbound interest from a high-quality international healthcare-focused fund that anchored the transaction. Based on the promising outlook for the company, we raised these funds at a modest discount with no options. The additional funding allows us to continue advancing our clinical and regulatory strategy for ATH434 with the US FDA and other agencies, while at the same time it strengthens our institutional register and balance sheet to best position the company for pursuing strategic partnerships.” What is Multiple System Atrophy (MSA)? (source: NINDS - National Institute of Neurological Disorders and Stroke) Multiple system atrophy (MSA) is a progressive neurodegenerative disorder characterized by a combination of symptoms that affect both the central nervous system (which controls how a person moves) and the autonomic nervous system, which controls involuntary functions such as blood pressure or digestion. MSA was formerly known as Shy-Drager syndrome, olivopontocerebellar atrophy (OCPA), or striatonigral degeneration. The symptoms of MSA reflect the progressive loss of function and death of different types of nerve cells in the brain and spinal cord. MSA is one of a family of neurological disorders known as an atypical parkinsonian disorder. The initial symptoms can be difficult to distinguish from those of Parkinson's disease, and can include: Slowness of movement, tremor, or stiffness Clumsiness or lack of coordination Croaky, quivering voice Fainting or lightheadedness Bladder control problems Symptoms tend to appear in a person's 50s and advance rapidly over the course of five to 10 years. A person with MSA will have increased difficulty with movement and eventually become bedridden. People with MSA often develop swallowing problems that can lead to pneumonia in the later stages of the disease. There are two different types of MSA, which are categorized by the person’s most prominent symptoms when a doctor evaluates them: Parkinsonian type MSA (MSA-P) has primary symptoms similar to Parkinson's disease (such as slowness of movement, stiffness, and tremor) along with problems with balance, coordination, and autonomic nervous system dysfunction (such as urinary problems, sweating abnormalities, and digestion difficulties). Cerebellar type MSA (MSA-C) is associated with balance and coordination problems (ataxia), difficulty swallowing, speech problems or a quivering voice, and abnormal eye movements. MSA tends to progress more rapidly than Parkinson's disease, and most people with MSA will require an aid for walking, such as a cane or walker, within a few years after symptoms begin. About ATH434 and MSA ATH434 is an oral iron chaperone, an oral therapeutic targeting pathological protein aggregation in neurodegenerative disorders. It acts as an iron chaperone, redistributing excess iron in the brain, one of the key pathological mechanisms in MSA (Figure 1). Figure 1: Excess labile iron and alpha-synuclein aggregation driving MSA pathology (Source: Alterity Phase 2 Presentation at MSA Symposium 2025). MSA is a rapidly progressing and rare Parkinsonian disorder with no approved disease-modifying therapies. It affects the autonomic nervous system and motor control, with hallmark α-synuclein protein accumulation in glial cells. ATH434 has received: Fast Track Designation (FDA) Orphan Drug Designation (FDA & European Commission) Alterity continues its commitment to progressing ATH434 and alleviating the burden of MSA, with ongoing Phase 2 trials and additional pipeline development in related neurodegenerative conditions. About Alterity Therapeutics Headquartered in Melbourne and San Francisco, Alterity is a clinical-stage biotech dedicated to creating an alternative future for individuals living with neurodegenerative diseases. The company’s lead asset, ATH434, has shown efficacy in MSA—a rare, rapidly progressive Parkinsonian disorder with high unmet need. Alongside ATH434, Alterity maintains a drug discovery platform capable of generating novel compounds targeting the pathology of neurological conditions. Next Steps Engage with the U.S. FDA and other agencies to discuss regulatory pathways for ATH434. Advance CMC activities and non-clinical studies in preparation for future trials. Continue to position for strategic collaborations with global healthcare partners. Samso Concluding Comments The significance of this announcement is straightforward: Alterity Therapeutics has strengthened its position at a critical juncture. Positive Phase 2 trial outcomes for ATH434 have provided a strong scientific base, and the A$20 million raise now ensures the company has the financial capacity to maintain momentum. The absence of options and only a modest discount in the placement reflects a degree of investor confidence that is often rare in the biotech sector. It also signals support from specialist healthcare funds that understand the long journey from promising clinical data to regulatory approval. For investors, the key focus should be on Alterity’s next engagements with the FDA and other regulators. These discussions will shape the timeline and structure of the company’s pathway to market. At the same time, the bolstered balance sheet opens the door for potential strategic partnerships—an important step for any company operating in the capital-intensive space of drug development. Treating Neurodegenerative Diseases is a very important and lucrative business, so getting this right could propel Alterity Therapeutics past its current market capitalisation of AUD119M. This raise is a good confidence boost to potential investors, and it does sound like there could be positive news on the way. Sometimes, the capital market has a simple way of leading investor confidence with a good decent capital raising :-) As always, investors need to conduct their own research, understand the risks inherent in clinical-stage biotech, and appreciate the long-term nature of value creation in this sector. Cover photo: Neurons (Purkinje cells), Lennart Rikk. CC0, via Wikimedia Commons (https://commons.wikimedia.org/wiki/File:Neurons_(Purkinje_cells).jpg) The Samso Way – Seek the Research Every announcement is a starting point, not the conclusion. Follow the evidence, benchmark peers, and let disciplined research guide you. Our mission is simple: cut through the noise and spotlight what matters—genuine stories, grounded insights, and real opportunity. Our content is well-researched and is only created if the team sees merit in discussing the company or concept. Investors can explore our three core platforms: Coffee with Samso Samso Insights Samso News There may be numerous paths to success in investing, but the common thread among successful individuals is that they remain committed to making informed decisions. Equip yourself with the right knowledge and tools, and you will be well on your way to achieving your financial goals. Most importantly, investors need to be absolutely diligent in understanding their own risk-reward tolerance and capabilities. Never bite off more than you can chew. As they say, Rome wasn’t built in a day, and the Great Wall stood because it took centuries to complete. The Samso Philosophy: Stay curious. Stay sharp. And remember—digging deeper always uncovers the real value. In Life, there is no such thing as a Free Lunch. Happy Investing, and the only four-letter word you need to know is DYOR. To support our independent nature of our work, please head over to our Support Page and give us a helping hand in any of the ways listed. This is a new initiate for the Samso Platform, and it was always the concept of Samso when we started this journey in 2018. 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. Share to Grow: Your Bonus Samso has just released an eBook: How to Add Value to your Share Portfolio A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook. Download eBook 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 at noel.ong@samso.com.au. 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.

  • The Calmer Co. Expands Strategic Footprint – Lease Secured in Fiji and Coles Sales Surge - Building a Kava Lifestyle Story.

    Announcement The Calmer Co Secures Expanded Lease in Navua, Fiji Coles Retail Sales Up 81% in July The Calmer Co. International Limited (ASX: CCO) has capped off an eventful week with two significant developments that speak directly to the company’s dual focus on operational resilience and market expansion. On one front, it has secured long-term control of its manufacturing base in Fiji through an expanded lease arrangement, ensuring uninterrupted production capacity and creating a platform for future scalability. On the other hand, it has reported record-breaking sales growth within the Coles retail network in Australia, underscoring the strong consumer appetite for its kava-based products and the company’s ability to capitalise on growing demand for natural wellness and alcohol alternatives. Together, these announcements highlight a business strengthening its foundations while accelerating its retail momentum, both domestically and in preparation for international market entry. Expanded Lease in Navua, Fiji – Kava Growth Platform Secured ASX Release: August 8, 2025 The Calmer Co Secures Expanded Lease in Navua, Fiji for Future Growth The company has finalised a three-year lease extension for its Navua manufacturing facility in Fiji, with an option to extend until 2031. This move locks in long-term operational control, a critical step as CCO scales production and advances toward breakeven. Originally planning to acquire the property, unforeseen compliance issues prompted a strategic shift. The lease model not only ensures uninterrupted operations but also frees up capital for immediate growth initiatives, including new product launches into the US market. Key Terms: Lease Start: 1 September 2025 – Initial 3-year term, with a 3-year renewal option. Staged Expansion: Over 2,000 sqm operational space by mid-2026, including expanded packing, freezer, admin, and lab facilities. Initial Rent: FJD $14,800/month, rising to $17,850/month in July 2026. Right of First Refusal: Option to purchase if offered during term. Infrastructure Upgrade: Company to install 750KVA transformer for expanded capacity. The staged lease expansion will provide over 2,000 sqm of operational space, with new packing, storage, and office areas available by January 2026, followed by a laboratory by June 2026, enabling the relocation of the company’s core processing, packing, and administrative operations. Founder & CEO Zane Yoshida commented, "This agreement ensures the stability of our manufacturing operations through 2031. The staged lease expansion gives us the flexibility to expand as needed and supports our plans for growth, especially as we enter the US market." Coles Retail Sales Hit Record – July Up 81% ASX Release: 6 August, 2025 Coles Retail Sales Up 81% in July In a separate update, CCO reported an 81% jump in Coles retail sales for July 2025, reaching $344,000 – up from $190,000 in June. This represents the company’s best monthly result in Coles to date, well above its materiality threshold. Growth has been driven by an expanded footprint and strong sell-through: Taki Mai Kava Shot 50mL now stocked in 797 stores (+59% from launch) Fiji Kava Instant Kava 150g now ranged in 801 stores (+170% from launch) Targeted in-store promotions and consumer demand for natural alcohol alternatives have reinforced CCO’s positioning as a category leader. The Calmer Co. is prioritising faster sales growth in major national retailers and boosting consumer engagement for its FijiKava® and Taki Mai® brands, with the Australian retail market remaining central to its plan for sustainable growth and category leadership in the relaxation and wellness sector. Zane Yoshida, Founder & CEO of The Calmer Co, commented “July marks a new high point in our partnership with Coles and serves as a strong validation of the growing consumer appeal for our products in the mainstream Australian market. The rapid expansion of our retail footprint, coupled with accelerating sales, underscores the strength of our national distribution platform and the increasing relevance of kava as a natural alternative to alcohol. These results reaffirm our strategy to build a profitable and scalable business, and we are proud to be at the forefront of this emerging category as we continue to grow." Samso Concluding Comments The Calmer Co.’s strategic lease in Fiji secures the backbone of its manufacturing and supply chain, avoiding operational disruption while freeing capital for growth. Coupled with a record retail performance in Coles, the company is executing on both operational resilience and sales acceleration. For investors, the combination of long-term production certainty, expanding distribution, and category leadership in natural wellness products points to a business aligning its infrastructure with market demand. As the US rollout progresses, CCO’s capacity to leverage its farm-to-shelf model could well define the next phase of its growth story. Cover photo: Merino Sheep (50983026983), Bernard Spragg. NZ from Christchurch, New Zealand. Public domain, via Wikimedia Commons (https://commons.wikimedia.org/wiki/File:Merino_Sheep_(50983026983).jpg) The Samso Way – Seek the Research The Calmer Co.’s updates highlight the value of strategic execution — securing a long-term, flexible lease in Fiji to preserve capital while ensuring production stability, and delivering record sales growth in Coles as proof of strong consumer demand. For investors, the lesson is to look beyond the headlines and see how operational control and market penetration work together to create sustainable growth. Our mission is simple: cut through the noise and spotlight what matters—genuine stories, grounded insights, and real opportunity. Our content is well-researched and is only created if the team sees a merit in discussing the company or concept. Investors can explore our three core platforms: Coffee with Samso Samso Insights Samso News There may be numerous paths to success in investing, but the common thread among successful individuals is that they remain committed to making informed decisions. Equip yourself with the right knowledge and tools, and you will be well on your way to achieving your financial goals. Most importantly, investors need to be absolutely diligent in understanding their own risk-reward tolerance and capabilities. Never bite off more than you can chew. As they say, Rome wasn’t built in a day, and the Great Wall stood because it took centuries to complete. The Samso Philosophy: Stay curious. Stay sharp. And remember—digging deeper always uncovers the real value. In Life, there is no such thing as a Free Lunch. Happy Investing, and the only four-letter word you need to know is DYOR. To support our independent nature of our work, please head over to our Support Page and give us a helping hand in any of the ways listed. This is a new initiate for the Samso Platform, and it was always the concept of Samso when we started this journey in 2018. 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. Share to Grow: Your Bonus Samso has just released an eBook: How to Add Value to your Share Portfolio A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook. Download eBook 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 at noel.ong@samso.com.au. 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.

  • Another site operating AML3D X System - Commercial Acceptance On Track - Constructing a Major Source of Income through the US Public Utility.

    Announcement Arcemy X Operational at the Largest Public Utility in USA AML3D Limited (ASX: AL3) has marked a significant milestone in its US expansion strategy with the successful commissioning of its large-scale ARCEMY® X system at the Tennessee Valley Authority (TVA), the largest public utility in the United States. This deployment not only finalises a substantial contract valued at approximately A$1.97 million but also sets the stage for AML3D’s broader push into the energy and utilities sector. Key Highlights – ARCEMY® X at TVA - US Public Utility. Major System Commissioned: ARCEMY® X system successfully commissioned at TVA’s Muscle Shoals facility in Alabama, completing the TVA contract’s final milestone and triggering payment of the final 10.5%. First from Stow, Ohio Facility: This system is the first ARCEMY® X unit to be delivered from AML3D’s newly operational US Technology Centre in Stow, Ohio. Strategic Entry into Energy Sector: This installation marks AML3D’s first contract in the US Energy & Utilities sector, building upon its strong foundation in US Defence. Validation through Competitive Tender: TVA selected AML3D’s technology through a competitive procurement process, underscoring the industrial capability and value of ARCEMY® solutions. Growth Beyond Defence: AML3D’s US Growth strategy now targets broader sectors, including Aerospace, Nuclear, Oil & Gas, and Marine industries. efence Expansion Continues: Following success in the US Navy Submarine Industrial Base, AML3D is now embedded in the broader Marine Industrial Base. A Letter of Intent from the US Navy highlights potential demand for up to 100 ARCEMY® systems and 400 parts in 2026, scaling up to 1,600 parts by 2030. Sean Ebert, Managing Director of AML3D, commented: “Delivery of the TVA ARCEMY® X order is a strong endorsement of AML3D’s decision to focus on the US and our US Growth strategy... The TVA contract marks our entry into the Energy and Utilities sectors and we are working hard to open opportunities across several other markets, including Aerospace and Oil and Gas.” Pete Goumas, President of AML3D US, commented: “It’s great to have successfully delivered the first ARCEMY® system built at our recently opened Technology Centre in Stow, Ohio... We are becoming ever more embedded in the US Navy’s SIB supply chain and now expanding into other sectors.” About AML3D Limited Founded in 2014 and listed on the ASX, AML3D Limited is a technology-driven disruptor in the global metal additive manufacturing space. It leverages its patented Wire Additive Manufacturing (WAM®) process to provide high-integrity, on-demand, certified industrial parts. Its flagship ARCEMY® systems are Industry 4.0-enabled solutions that offer significant efficiency and ESG advantages over traditional metal fabrication methods like casting and forging. AML3D supports industries such as Defence, Aerospace, Maritime, Oil & Gas, and Manufacturing with a mix of hardware, design engineering, software, and contract manufacturing services. Samso Concluding Comments AML3D continues to demonstrate that its growth story is more than just ambition—it's a structured entry into critical industrial supply chains. The successful commissioning of the ARCEMY® X system at the Tennessee Valley Authority is a good contract milestone; it is tangible proof that the company’s technology holds weight in highly regulated, technically demanding environments. The decision to establish a US Technology Centre in Stow, Ohio, is already paying dividends, with the TVA installation being the first major delivery from this hub. The significance of this cannot be overstated—it signals readiness to deliver at scale, locally, and aligns AML3D with the US domestic supply chain narrative. From a market perspective, the expansion from the US Defence Industry into US Public Utilities and the outlook for sectors like Aerospace and Oil & Gas show the company’s ability to grow horizontally while maintaining vertical depth in Defence. The referenced demand from the US Navy—100 systems and potentially 1,600 parts by 2030—is a clear indicator of long-term, recurring revenue potential. For investors, the story here is about validated technology, growing strategic relevance, and a company that is quietly embedding itself into the industrial fabric of the US. These are the types of foundations that underpin sustainable growth, not hype, but execution. Cover photo: 31st MXS metals shop new 3D printing capability will save man hours, money (8529135), U.S. Air Force photo by Staff Sgt. Heather Ley. Public domain, via Wikimedia Commons (https://commons.wikimedia.org/wiki/File:31st_MXS_metals_shop_new_3D_printing_capability_will_save_man_hours,_money_(8529135).jpg) The Samso Way – Seek the Research When a company begins to cross sectors with a proven technology platform, backed by contracts in defence and now public utilities, the market should take notice. AML3D’s evolution in the US provides a reference case for how industrial tech companies can build durable international footprints—one deployment at a time. Our mission is simple: cut through the noise and spotlight what matters—genuine stories, grounded insights, and real opportunity. Our content is well-researched and is only created if the team sees a merit in discussing the company or concept. Investors can explore our three core platforms: Coffee with Samso Samso Insights Samso News There may be numerous paths to success in investing, but the common thread among successful individuals is that they remain committed to making informed decisions. Equip yourself with the right knowledge and tools, and you will be well on your way to achieving your financial goals. Most importantly, investors need to be absolutely diligent in understanding their own risk-reward tolerance and capabilities. Never bite off more than you can chew. As they say, Rome wasn’t built in a day, and the Great Wall stood because it took centuries to complete. The Samso Philosophy: Stay curious. Stay sharp. And remember—digging deeper always uncovers the real value. In Life, there is no such thing as a Free Lunch. Happy Investing, and the only four-letter word you need to know is DYOR. To support our independent nature of our work, please head over to our Support Page and give us a helping hand in any of the ways listed. This is a new initiate for the Samso Platform, and it was always the concept of Samso when we started this journey in 2018. 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. Share to Grow: Your Bonus Samso has just released an eBook: How to Add Value to your Share Portfolio A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook. Download eBook 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 has a need to share your journey, please contact me at noel.ong@samso.com.au. 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.

  • PromarkerEso Blood Test: Detecting Esophageal Adenocarcinoma Early - A Story of Treating Esophageal adenocarcinoma (EAC) Early.

    Announcement PromarkerEso precisely detects early stage esophageal cancer 8 September 2025 Proteomics International Laboratories (ASX: PIQ) has unveiled new results for its PromarkerEso blood test, a patented, first-in-class diagnostic that delivers a simple and scalable pathway for early detection. With clinical validation showing high accuracy in identifying early-stage EAC, PromarkerEso may well change the standard of care in managing this difficult disease. With patents already granted in Europe, China, and Australia—and other territories pending—PromarkerEso is well positioned as a global solution to one of healthcare’s pressing diagnostic challenges. Esophageal adenocarcinoma (EAC) remains one of the most challenging cancers to diagnose early, with survival outcomes often dictated by how late the disease is detected. Current surveillance methods rely heavily on invasive and costly procedures like endoscopy, yet most cases still go unnoticed until advanced stages (Figure 1). Figure 1: Currently, diagnosis relies on endoscopy with biopsy — an invasive and expensive procedure. (source: PIQ) Key Highlights Treating Esophageal adenocarcinoma Promarker®Eso is the first-in-class blood test clinically validated to diagnose esophageal adenocarcinoma (EAC), the predominant form of esophageal cancer. New results confirm high accuracy in detecting early stages (I and II) of EAC, a cancer with a median survival time of less than one year if detected late. Study results from 350 participants were published in Diseases of the Esophagus and selected for oral presentation at the 21st ISDE World Congress for Esophageal Diseases, Brisbane, 18–20 September 2025. Global health impact: 90% of EAC cases currently go undetected — PromarkerEso could offer a much-needed, patient-friendly screening pathway. Strong statistical performance: Area under the curve (AUC) ≥ 0.97, with sensitivity ranging from 81% (Stage I) to 100% (Stage III & IV). Context and Significance Esophageal adenocarcinoma (EAC) is often caused by chronic acid reflux or gastroesophageal reflux disease (GERD), which affects an estimated 10–20% of Western populations (Figure 2). In Australia, 11% of GP clinic visits are linked to gastric reflux. The challenge with EAC is that it is typically diagnosed late, when treatment options are limited and survival rates are poor — fewer than 20% survive beyond five years. Existing surveillance methods rely on specialist endoscopy, a costly and invasive procedure (US$2,750 per case in the US), yet up to 90% of cases are still missed. Figure 2: Target Population for Eso (source: PIQ)' Study Results The clinical study included two independent cohorts of 350 people: Cohort A compared 89 healthy controls with staged EAC patients. Cohort B included negative controls, unstaged EAC cases, and Barrett’s Esophagus samples. Key outcomes: Outstanding diagnostic accuracy with AUC (Area Under the ROC Curve) ≥ 0.97. Sensitivity: Stage I (81%), Stage II (91%), Stage III (100%), Stage IV (100%). Barrett’s Esophagus (BE) with high-grade dysplasia (BE-HGD) sensitivity at 93%. Test scores showed a strong correlation with disease severity (p < 0.0001). Commercial and Clinical Potential PromarkerEso combines four serum glycoproteins with patient clinical factors (age, sex, BMI) to deliver a simple ‘traffic light’ risk score (low, moderate, or high risk) (Figure 3). Patients flagged as high risk are recommended for endoscopy. With patents granted in Europe, China, and Australia, PromarkerEso represents not only a global health solution but also a significant commercial opportunity in precision diagnostics. Figure 3: PromarkerEso traffic light risk model(source: PIQ). Proteomics International Managing Director Dr Richard Lipscombe commented: “ These new results have enormous significance, because if EAC can be detected early it can be more readily treated, whereas late-stage EAC has a very poor prognosis. With the increasing numbers of people living with chronic acid reflux, PromarkerEso has the potential to revolutionise how doctors manage the risk of esophageal cancer - offering a standard blood test that could reduce reliance on invasive procedures and improve early detection rates.” About Proteomics International Laboratories Ltd (PILL). Proteomics International, based in Perth, is a leader in precision diagnostics specialising in proteomics — the large-scale study of proteins. Its patented Promarker® suite, including PromarkerD and PromarkerEso, targets major unmet medical needs with global commercial potential. Samso Concluding Comments This is a classic case of innovation meeting an unmet need. The reality with esophageal adenocarcinoma is harsh — most cases are caught too late, and survival outcomes remain dismal. What Proteomics International (ASX: PIQ) has shown here with PromarkerEso is that early detection is possible, accurate, and scalable. For investors, the key takeaway is that this diagnostic has been clinically validated, published, and accepted for presentation at a major global congress. That progression speaks about both the scientific credibility and the commercial pathway. At Samso, we always say it is about separating the signal from the noise. Here, the signal is clear: if this test can shift diagnosis earlier, it directly translates into lives saved and healthcare systems relieved of costly late-stage treatments. #SamsoNews – Do your own research, follow the data, and look at how developments like this fit into the broader healthcare and investment landscape. Cover photo: Pipette 0,5 ml nah, Lysippos. CC0, via Wikimedia Commons (https://commons.wikimedia.org/wiki/File:Pipette_0,5_ml_nah.jpg) The Samso Way – Seek the Research We separate signal from noise. The real story sits in the data, the rocks, and the plan—never just the headline. Do your own work and test every claim. Our mission is simple: cut through the noise and spotlight what matters—genuine stories, grounded insights, and real opportunity. Our content is well-researched and is only created if the team sees merit in discussing the company or concept. Investors can explore our three core platforms: Coffee with Samso Samso Insights Samso News There may be numerous paths to success in investing, but the common thread among successful individuals is that they remain committed to making informed decisions. Equip yourself with the right knowledge and tools, and you will be well on your way to achieving your financial goals. Most importantly, investors need to be absolutely diligent in understanding their own risk-reward tolerance and capabilities. Never bite off more than you can chew. As they say, Rome wasn’t built in a day, and the Great Wall stood because it took centuries to complete. The Samso Philosophy: Stay curious. Stay sharp. And remember—digging deeper always uncovers the real value. In Life, there is no such thing as a Free Lunch. Happy Investing, and the only four-letter word you need to know is DYOR. To support our independent nature of our work, please head over to our Support Page and give us a helping hand in any of the ways listed. This is a new initiate for the Samso Platform, and it was always the concept of Samso when we started this journey in 2018. 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. Share to Grow: Your Bonus Samso has just released an eBook: How to Add Value to your Share Portfolio A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook. Download eBook 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 has a need to share your journey, please contact me at noel.ong@samso.com.au. 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.

  • RareX Advances High-Grade Gallium at Cummins Range and Strengthens Community Foundations at Mrima Hill - Is This a Real Gallium Project?

    Announcement 11 August 2025 RareX Initiates Community Engagement for Mrima Hill Project 6 August 2025 Wide High-Grade Gallium Intercepts at Cummins Range RareX Limited (ASX: REE) has announced a major step forward in its gallium re-assaying program at the Cummins Range carbonatite pipe, delivering the widest high-grade gallium intercept recorded at the project to date (Figure 1). This milestone follows a systematic re-assay of historical drill pulps from the 2020 infill program, aimed at unlocking the full critical metals potential of the deposit alongside its established rare earths and scandium resources. The scale and consistency of the new results not only reinforce Cummins Range’s position as one of Australia’s most advanced and highest-grade gallium deposits but also underscore its potential strategic importance in a global market dominated by limited supply and rapidly rising demand. Figure 1: The Cummins Range Location. (source: REE) Highlights – Cummins Range Gallium Results ASX Release: Wide High-Grade Gallium Intercepts at Cummins Range A further 970 gallium re-assays from 16 drill holes received. Standout intercepts from pulp re-assaying include: 115m at 146 g/t Ga₂O₃, 3.4% TREO and 369 g/t Sc₂O₃ from 22m, including 53m at 200 g/t Ga₂O₃, 5.51% TREO and 588 g/t Sc₂O₃. 86m at 125 g/t Ga₂O₃, 3.93% TREO and 283 g/t Sc₂O₃ from 4m, including 9m at 158 g/t Ga₂O₃, 2.77% TREO and 428 g/t Sc₂O₃. 26 drill holes remain to be re-assayed from the 2020 infill program. Section 307160E with gallium grades across 100m of the Rare Carbonatite Dyke, with mineralisation contained in the weathered saprolite zone (Figure 2). Gallium market forecast to grow tenfold in the next decade, driven by demand from AI, semiconductors, and renewable energy sectors. Figure 2: Section 307160E. Showing gallium intercepts at Cummins Range deposit. (source: REE) CEO & Managing Director James Durrant commented: “The consistency of high-grade results across multiple holes and long intercepts removes any remaining doubt. Gallium is now a core value stream for Cummins Range. We are advancing both conventional and alternative processing pathways to unlock the full value of the contained metals—rare earths, gallium, scandium, and phosphate.” Gallium grades exceeding 100 g/t are considered high-grade, placing Cummins Range’s intercepts well within this range. With China producing 98% of the world’s gallium, RareX’s Australian supply source could be strategically significant amid growing supply chain pressures. RareX Commences Community Engagement for Mrima Hill Project ASX Release: RareX Initiates Community Engagement for Mrima Hill Project In Kenya, RareX has initiated early-stage community engagement as part of the Iluka–RareX consortium proposal for the Mrima Hill critical minerals project in Kwale County in Kenya. The engagement aims to align project planning with local priorities and build early trust. Highlights – Mrima Hill Community Engagement Engagement led by African Waste and Environment Management Centre (AWEMAC), a leading East African consultancy with over 500 projects in environmental, social, and stakeholder engagement. Program includes key person interviews and focus group discussions with local leaders and residents. Findings to directly inform project design, ensuring community perspectives shape development. Part of the consortium proposal currently under consideration by the Kenyan National Mining Corporation. CEO & Managing Director James Durrant commented: “We’re confident that the Iluka–RareX consortium offers the strongest delivery model for Mrima Hill. But a project like this must earn the trust of local communities from the outset. AWEMAC’s deep local experience ensures this process is handled respectfully, professionally, and in a way that builds mutual confidence.” This initiative complements RareX’s technical and commercial work on the project and aligns with Kenya Vision 2030, reinforcing the Company’s long-term commitment to collaborative development. RareX Share Price Consolidation After March–April Surge RareX (ASX: REE) experienced a strong upward move in March–April 2025, driven by heightened market interest and news flow, with the share price peaking above 0.04 during this period. Following the rally, the price retraced and has since stabilised within a narrower trading range between 0.018 and 0.025. At 0.021 today, the stock is in a consolidation phase, suggesting that the market is awaiting a fresh catalyst to prompt the next directional move. Figure 3 illustrates this transition from high volatility to range-bound trading, highlighting the pause in momentum as investors assess upcoming developments. Figure 3: REE Share Price Overview as on 12 August 2025 (source: ASX) Samso Concluding Comments RareX’s latest gallium intercepts at Cummins Range could reinforce the project’s position as an Australian source of Gallium. With grades above high-grade thresholds and consistent results over wide intervals, gallium now sits firmly alongside rare earths, scandium, and phosphate as a core value driver for the project. The narrative for the global gallium market remains highly supply-constrained, dominated by China, and forecasts point to rapid demand growth from AI, semiconductors, and renewable energy. This puts Cummins Range in a strategically significant position, offering potential diversification for global supply chains. In Kenya, RareX’s early community engagement at Mrima Hill demonstrates a considered approach to development. Partnering with AWEMAC ensures that local perspectives are heard from the outset, aligning project design with community priorities and building trust. Balancing technical progress with social responsibility is increasingly vital in critical minerals development. RareX’s dual focus on resource advancement and stakeholder engagement reflects a strategy that is both commercially astute and socially aware. Cover photo: Rareearthoxides, Peggy Greb, US department of agriculture. Public domain, via Wikimedia Commons (https://commons.wikimedia.org/wiki/File:Rareearthoxides.jpg) The Samso Way – Seek the Research At Samso, we believe the best investment decisions come from understanding the full story — from geology and market trends to corporate strategy. By digging deeper into the facts and questioning assumptions, investors can identify real value and navigate risks with clarity, turning insight into a competitive edge. Our mission is simple: cut through the noise and spotlight what matters—genuine stories, grounded insights, and real opportunity. Our content is well-researched and is only created if the team sees merit in discussing the company or concept. Investors can explore our three core platforms: Coffee with Samso Samso Insights Samso News There may be numerous paths to success in investing, but the common thread among successful individuals is that they remain committed to making informed decisions. Equip yourself with the right knowledge and tools, and you will be well on your way to achieving your financial goals. Most importantly, investors need to be absolutely diligent in understanding their own risk-reward tolerance and capabilities. Never bite off more than you can chew. As they say, Rome wasn’t built in a day, and the Great Wall stood because it took centuries to complete. The Samso Philosophy: Stay curious. Stay sharp. And remember—digging deeper always uncovers the real value. In Life, there is no such thing as a Free Lunch. Happy Investing, and the only four-letter word you need to know is DYOR. To support our independent nature of our work, please head over to our Support Page and give us a helping hand in any of the ways listed. This is a new initiate for the Samso Platform, and it was always the concept of Samso when we started this journey in 2018. 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. Share to Grow: Your Bonus Samso has just released an eBook: How to Add Value to your Share Portfolio A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook. Download eBook 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 at noel.ong@samso.com.au. 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.

  • The Emergence of Cryptocurrency

    Coffee with Samso Episode 55 with Barry Moore, General Manager and Director of Scarlett Invest Money is Dirty. Is it time to start thinking about currency diversification? COVID has made money even dirtier, so more people are using digital money which is eco-friendly and improves the speed of transactions. The emergence of cryptocurrency has taken the world by storm as it is considered secure, reliable and trustworthy because it is based on blockchain. Read here to understand the difference between digital and cryptocurrencies. Investing in Cryptocurrency The world of cryptocurrency is one that seems to divide our thoughts when it comes to investments. I was involved in several ICO (Initial Coin Offering) three years ago when it was all happening. Money was being raised for all sorts of projects which I suspect are no longer in the marketplace. With the uncertainty of credibility, the world of crypto was plunged into deeper space of mistrust when the pricing of all the coins started to fall back. The darling of the crypto world, Bitcoin, was leading the pack downwards into a world of darkness. In recent months, the revival has been short of spectacular and we are seeing many "credible" sources embracing the crypto world. Paypal has declared their association with the use of digital currency in allowing the process of using bitcoin on their platform. In this episode, we talk to Barry Moore who is a local Perth entrepreneur promoting the use of cryptocurrency and creating a crypto-exchange where coins can be traded and flow into our "normal" marketplace. The digitisation of currency is here to stay and it will revolutionise the way we use cash. We will have more control on money transfer and the use of currency. Most people would find this a new concept but I assure you that this is no longer a new story. This is a developing story that has taken a firm foundation internationally. The use of crypto is now mainstream and is without a doubt here to stay for us to use and invest. Please take the time to watch and do yourself a favour and seek more research. This is the start of a new revolution that will be looked upon by the next generation as a game-changer in investment styles. PODCAST About Barry Moore General Manager and Director, experienced algorithmic crypto trader and a machine learning evangelist. Barry focuses on the logic behind the combination of analysis tools, neural networks and genetic algorithms for optimisation. He always wanted to have a trading bot with more features but never had the time to build a solution beyond basic python technical analysis tracker. About Scarlett Invest Scarlett Invest is a business group inspired by Investment in property through cryptocurrency. On completion of the ICO (Initial Coin Offering), Scarlett Global opens the doors to token holders with experts engaging in profitable businesses including Commodity Trading, Property Development, Real Estate, Information Technology, Vessel Consultancy and Appraisals of Hospitality, Government Projects. Scarlett has mostly been concerned with listing and connecting buyers and sellers. However, The Scarlett with the help of blockchain introduces new ways to trade real estate and can enable trading platforms and online marketplaces to support real estate transactions more comprehensively. Scarlett has launched its own ERC20 token that uses blockchain technology to facilitate real estate and rental property transactions. By tokenizing real property, assets can then be traded much like stocks on an exchange and transactions can be done online. Scarlett allows sellers to tokenize assets, essentially handling it like a stock sale, and liquidating that asset through a token sale using the platform. The collected tokens can be exchanged for fiat currency, with buyers owning a percentage stake of the property and its rental returns. No Intermediaries: Brokers, lawyers, and banks have long been part of the real estate ecosystem. However, cutting out the intermediaries will result in buyers and sellers getting more out of their money as they save on commissions and fees charged by these intermediaries. This also makes the process much quicker as the back-and-forth between these middlemen gets cut. Liquidity: Real estate has long been considered an ill liquid asset since it takes time for sales to conclude. This isn’t the case with cryptocurrencies and tokens since they can readily be traded for fiat currencies through exchanges. However, as tokens, real estate can be readily traded. A seller doesn’t have to wait for a buyer who can afford the whole property in order to get some value out of their property. 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. Share to Grow: Your Bonus Samso has just released an eBook: How to Add Value to your Share Portfolio A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook. 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

  • Sprintex Limited on Making Green Compressors

    Rooster Talk Episode 46 is with Jay Upton, Managing Director of Sprintex Limited (ASX: SIX) announcing the partnership with Aeristech Limited that will bring the company into the green, no emission space. Under this agreement, Sprintex Limited as a motor supplier and sales representative will manufacture Sprintex products for hydrogen energy and clean air markets, including hydrogen fuel cell, industrial turbo blowers and compressor sets, based around Aeristech core designs. This agreement to supply Hydrogen Fuel Cell Compressors will allow Sprintex to be seen as a Green Engineering company who designs and manufactures clean air compressors. This will no doubt put the company on a path to participate in renewable and clean energy technologies in automotive and other industries. As the world economy is moving into the new "Green" industry, Sprintex is doing all the steps to ensure it is among the players in this growing sector. Jay Upton, the Managing Director of Sprintex Limited (ASX: SIX) reminds us that the company is in production and is already supplying the market. The opening of the China factory will open another part of the business that will create a revenue stream that is just at its infancy. Richard Wall, Executive Chairman of Aeristech, said: “We are delighted to initiate this partnership with Sprintex. The addition of the engineering resources of Sprintex to our team will help to accelerate product development in key power ranges. Sprintex commercialisation resources will bolster our revenue growth particularly in the Asian markets. We are very excited with this opportunity to boost our revenue growth in the fast growing hydrogen fuel cell market, key to achieving global emissions reduction and the deceleration of climate change.” Jay Upton, Sprintex Managing Director said: “This strategic collaboration will stimulate the excellent synergy between the two companies on product development, global resources for supply chain and sales. Sprintex aims to offer the most competitive products to the surging electrification, hydrogen fuel cell and next-gen industrial compressor market. Sprintex and Aeristech are confident that under this collaboration, both parties will accelerate the expansion of market coverage and the realisation of revenues leading to profits.” Chapters: 00:00 - Introduction 01:06 - The New Partnership 01:53 - The Compressor is not just for vehicles. 03:15 - How Sprintex started the road to electrifying their compressors. 06:25 - How this partnership will open the market for Sprintex. 08:14 - The Hydrogen and Electric sector is one and the same. 09:45 - Restarting of the Malaysian Factory. 11:41 - What is the news flow? 15:59 - Spintex is another sector to invest for Green story on the ASX. 17:20 - Conclusion PODCAST About Jay Upton Managing Director Jay (Jude) Upton has a broad range of business managerial and technical engineering experience gained over a 20-year period working in the international automotive industry where he has amassed a network of international industry contacts. Prior to this, Jay gained a further 20 years’ experience in engineering management in the heavy mobile equipment sector and in both industrial and automotive high-performance engine engineering. Jay was the Chief Technology Officer of the Company from 2011-2016 and he was the Technical Consultant in 2019. During this period, Jay was responsible for all technical development within the Company and is recognised as the inventor on two international supercharger patents assigned to the Company. In addition, during this period, he performed technical presentations to, and commercial negotiations with, vehicle manufacturers in ASEAN, China, Japan, USA, Europe and Australia. He also worked with the Managing Director on business strategies, corporate presentations and capital raisings. From 2012 to 2017, Jay was employed at Proreka Sprintex (a 50% owned subsidiary of the Company) and was instrumental in both the selection of the location for Sprintex's offshore manufacturing and the establishment of Proreka Sprintex. Working closely with the CEO of AutoV (the Company’s Joint Venture partner and the other shareholder of Proreka Sprintex), Jay oversaw the selection and procurement of the manufacturing equipment and the building of the manufacturing facility in Malaysia. As Director of Business Development of the Company from 2007 to 2011, Jay was responsible for the establishment and setup of Sprintex USA Inc. (a wholly owned subsidiary of the Company) and acted as secretary of Sprintex USA Inc. for regulatory purposes. He oversaw market development in the USA, Middle East, South Africa and China and was responsible for commercial agreements with OEMs, suppliers, distributors and dealers in multiple jurisdictions. Prior to this, from 2004-2007, Jay was the General Manager of the Company at which time he was responsible for the initial setup of the operations and for day-to-day management of all operational and technical functions. From 2000-2004, Jay was the General Manager of the Automotive Division of Advanced Engine Components Limited (now known as Ookami Limited) where he carried out the day to day management of both Sprintex and Bullet Supercars (Qld), including overseeing emissions and full vehicle compliance of a high-performance sports car for Australian production. About Sprintex Sprintex Limited (ASX:SIX) is an automotive engineering, research, product development and manufacturing company. It is is a leading designer, developer and manufacturer of oil free twin screw compressors for automotive and clean-air industrial applications. With origins in the UK, Sprintex Limited was incorporated in Australia in November 2003 and listed on the ASX in July 2008 (ASX SIX). The company is headquartered and operates an R&D facility in Perth Western Australia. Sprintex designs and manufactures superchargers for use in a wide variety of combustion engines and is currently focused on the development and commercialisation of the Sprintex® twin screw supercharger, and supercharger systems incorporating the Sprintex® twin screw supercharger, in the automotive aftermarket and original equipment manufacturer (OEM) market in Australia, Asia, Africa, the Middle East and the United States of America. The company operates a wholly owned subsidiary in Malaysia which forms its main manufacturing base, a wholly owned subsidiary in USA, primarily servicing the automotive aftermarket and has recently added a further wholly owned subsidiary in China, primarily to explore opportunities in the clean energy sector including hydrogen fuel cells, waste water recycling and other clean air industrial applications. The China facility will engage in R&D and manufacturing for electric drive compressors and controls for various applications. Sprintex Limited is quality assured to ISO 9001-2008, its Malaysia operations are certified to ISO 9001-2015 and operate under ISO 14001 environmental standard and TS16949 automotive component standard. 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 Samso partners with Brilliant-Online where our investment stories are featured. The Brilliant-Online partnership is an opportunity to reach new and wider audiences in a fresh, appealing format to pique and retain investor interest. Read Brilliant Investments.

  • Sustainable Harvesting of Sandalwood Trees: Marnta Sandalwood

    Coffee with Samso Episode 60 with Kado Muir, Founder of Marnta Sandalwood. It takes a soulful journey to understand how to share and create a business that is using the land in a sustainable manner. When you hear Kado Muir speaks about his life philosophy and the history of his family, you get a sense of calmness and fulfilment. I have known Kado since 1988 when we met on the basketball court at the University of Western Australia. Even at that age, I have always felt that he had a higher calling. Cut to 2021, and you get a sense that there is a lot of wisdom in those grey hairs. Over time, I have seen Kado go through many experiences in different areas. In this episode of Coffee with Samso, it was great to hear about his journey and how those experiences have created and shaped Marnta Sandalwood. The whole topic of Indigenous Australia and living in a sustainable manner in harmony with the land has intrigued me for many years. I recently spoke about this interest of mine with Mark Anderson from FISH. We did a Rooster Talk in May 2020 called Breaking the Inter-Generational Curse where we discussed extensively about the plight of the Australian Indigenous culture. This episode of Coffee with Samso is a great follow-up on that first chat as I thoroughly enjoyed Kado´s insightful and wise sharing. Kado shared with us some of these topics: Wealth generation and sharing His parents' life and the books his father wrote How they lived and worked How prospecting for gold gave him the deposit to his first house Being the first Indigenous Australian to go to university The books he has written and the creating of Marnta Sandalwood. Links to the books that are mentioned in this episode of Coffee with Samso. Working Together Book https://www.blurb.com/bookstore/invited/8504947/adeab2196a8fe56e66c00b4e683ae8d1c1cf61c8 APB, Dooley and Me https://www.amazon.com.au/Apb-Dooley-Me-Recollections-1968-1970/dp/0646411497 Ten Bush Foods https://www.blurb.com/bookstore/invited/8504749/23a61aed1ee5e99705469aae5689f3ab96e90e7b PODCAST About Marnta Sandalwood Marnta Sandalwood is an Aboriginal owned sandalwood harvesting, seeding and oil product company based in Leonora, Western Australia. Kado and Deeva Muir set up the business to create employment and opportunities for their children and other Aboriginal people in the northern Goldfields region. The business is committed to the sustainable harvesting and management of Sandalwood trees in the wild: We only harvest dead sandalwood trees in the wild. We plant seeds to promote new growth and sustain the species. We create oils for luxury skincare and fragrance from dead sandalwood trees and sandalwood nut oil harvested from sandalwood trees grown on Western Australian plantations. We are committed to a sustainable future for Aboriginal people, living and working on the land caring for a species of plant that has supported and sustained Aboriginal people for generations. We work with others who share our ethics and vision for sustainability. About Kado Muir Mr Kado Muir is a Wati, a Goldfields Aboriginal cultural and community leader and an anthropologist/archaeologist with many years’ experience working in Aboriginal heritage, language preservation and maintenance, traditional ecological/education and native title research. From an early age, Kado grew up living in the bush and his passion is to “look after country, community and culture¨. Kado is a community based cultural heritage and environmental activist. He has led campaigns against uranium mining in Western Australia and is part of that national network. He has been pushing for the mining industry to adopt responsible practices in Aboriginal heritage and to stop destroying Aboriginal sites and sacred places. Kado is a cultural leader who has preserved his Ngalia language and helped develop Australian curriculum content incorporating Aboriginal knowledge into education curriculum. Kado operates a number of businesses including an Aboriginal art business, a sandalwood company, a culture-focussed podcast and an Aboriginal heritage consultancy business. He is an advocate promoting alternative community-based enterprises. 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. Share to Grow 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 Keep us informed too! Please let us know your thoughts and send us any comments to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google.

  • Emergence of New Mineral Provinces

    Samso on Mining HQ Podcasts Ep.19 - start 00:31 Noel Ong shares his excitement about the emergence of New Mineral Provinces in this episode of Mining HQ. The lifeline of any mining industry is Exploration. Nowadays there is so much funding and interest in the market that we are seeing an amplifying of the narrative of New Mineral Provinces. What is interesting about the current climate is that funding is secondary to finding good results. Tune in to learn about the big discoveries such as Julimar, and the companies that are busy exploring. Go to 00:31 Or go to 00:31 - https://open.spotify.com/episode/1oiwzxtYmSu0ac7bJOS3MN?si=f321bf8bee5642a5&nd=1 Radio Interviews with Mining HQ reaching out to 100,000 audiences per broadcast Noel Ong of Samso and Chris LeMesurier of 1055 TripleM speak fortnightly on Mining HQ about Mineral Exploration, Commodities and Mineral Resources. For the investors: Our interviews with Mining HQ includes topics to help you make good investment decisions. We also share Stock Picks, Stocks to Watch and Weekly Summaries. For Samso's clients: This is an additional opportunity for you to engage with investors directly. Samso works with a number of Media Partners like MiningHQ and Brilliant-Online to widen your reach. Contact Samso

  • The Business of Making Gloves - Nitrile Gloves

    Coffee with Samso Episode 44 with Sebastian Chang, Non-Executive Director, VIP Gloves Limited (ASX:VIP) Glove manufacturing is making many companies profitable and it is not just because of the COVID-19 pandemic The glove-making business is one of those sectors that does not call out for attention. The recent pandemic with COVID-19 has brought them out out of hiding and into the limelight. It is a simple business that is making many companies very profitable. This is not a common business in Australia, in fact, there is no other company on the Australian Stock Exchange that can call themselves glove makers. Malaysia is the market leader in the glove-making industry. The big four major producers, Top Glove Corporation Berhad, Hartalega Holdings Berhad, Supermax Corporation Berhad and Kossan Rubber Industries Berhad are world market leaders in this sector. In this episode of Coffee with Samso, Sebastian Chang, Non-Executive Director of the company shares with us the story of VIP and the business of Gloves Makers. Sebastian shows us that the business is not about the COVID-19 Pandemic but it is all about Occupational Health and Safety factors that are driving the business. Sebastian also highlights why he thinks the glove business will keep its course of high demand and growing sales. Profit margins will be sustained and the ASP (Average Selling Price) will continue to increase, but at a slower rate for the next 12 to 24 months. Please let us know your thoughts and send us any comment to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media, and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google. About VIP Gloves Limited (ASX: VIP) VIP Gloves Ltd (“VIP”) is a public company whose shares are traded on the Australian Securities Exchange (ASX). Malaysia is the home to many of the world's largest rubber and nitrile glove producers. Over the past 10 years, Malaysia has grown to become the world's largest producer of rubber and nitrile gloves, accounting for over 60% of global glove production. VIP Gloves Limited was established in 2016 to manufacture nitrile disposable gloves from its plant located in Selangor, Malaysia. Currently, its products are sold to local and overseas distributors under original equipment manufacturer (OEM) basis. Holding strong to the Company’s core values, we ensure every continuous improvement efforts are undertaken beginning with research and development through to manufacturing and delivering the best quality gloves for our customers, hence best quality and smart choice. About How Weng (Sebastian) CHANG Non-Executive Director Member, Executive Committee (EXCO) Mr How Weng (Sebastian) Chang has over 25 years’ experience in the regional investment environment in Malaysia, in the areas of stockbroking, corporate finance, fund management and venture capital investments in Malaysia as well as in the Asian region. He also served as Chief Operating Officer and held directorships in several public listed companies and their subsidiaries. Sebastian is currently the principal and Chief Executive Officer of a boutique financial consulting firm which provides services to clients in the areas of public flotation, mergers and acquisitions, and corporate restructuring exercises. He was educated in Malaysia and USA and holds a Bachelor of Business Administration (cum laude) degree majoring in Finance & Banking, and Management. PODCAST 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. Share this Coffee With Samso 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 Samso. About Samso

  • Coffee with Samso - Insights: An Insight into a Mineral Explorationist, a Practical Eternal Optimist.

    Coffee with Samso Episode 198 brings a new perspective to the Coffee with Samso conversations. In this first episode of our Insights segment, we delve into the thoughts of Allan Kelly, Executive Chair of Miramar Resources Limited (ASX: M2R). The life of an executive in the small mineral exploration is busy and stressful. Those that are out there trying to make an economic discovery are constantly under the spotlight. In my five years of establishing the Coffee with Samso series, Allan Kelly strikes me as a true mineral explorationist. To those that have followed the Samso journey and have watched Allan share his projects in Miramar Resources Limited, you will know that he speaks with great sincerity. Our conversations on the Samso platform (see below for previous conversations) are always long form and it has offered a great insight into the reasons why Allan is so passionate about the potential discovery. When you watch and listen to Allan talking about the projects, there is no doubt that his enthusiastic nature wants viewers to know what he is doing and why he is spending money on the project. Allan Kelly's Insights In this first episode of Coffee with Samso - Insights, we learn about Allan Kelly, the person. In an industry that takes no prisoners, it is hard for investors to know who is actually really trying to make a discovery. It is difficult to know if the person who is telling you the story is actually telling the truth and the real facts. I have been an investor in this industry since my university days in 1987 and have been a willing participant in the mineral industry since 1992. Like everyone who is working in the mineral exploration industry, we are all trying to make that economic discovery. The rate of success is not very high and as Allan mentioned in the first minute of the introduction to this episode, that rate of success is very low. So what makes us continue to work in mineral exploration? Why are the likes of myself and Allan Kelly continuing to be in the limelight and the brunt of all criticism? The questions that are being asked is why the Coffee with Samso Insights is beginning its journey. Get yourself a coffee or your favourite beverage and watch or listen and get a better understanding of Allan Kelly here: Chapters: 00:00: Introduction 05:13 How did Allan Kelly get into this industry? 09:04 Western Mining Interview 11:40 Work with Western Mining 13:18 Is the Development of Geological Skills still a common trait? 13:44 Western Mining was unique for the time. 15:27 What traits do you need to stay in the mineral exploration industry? 17:05 The Keys to be a Mineral Explorationist. 17:35 Don't be afraid to say you don't know something. 18:22 What is the core asset required to do well in the industry? 19:03 Need to have Endurance, the "Non-Technical Asset" - "Non-Geological Assets" 21:18 The Andy Well Story 23:29 The many reasons why a project may not be discovered. 24:30 How do you decide and manage which projects to leave behind? 29:56 The lack of Mineral Exploration and Mineral Discovery. 32:24 Does criticism ever affect you? 34:26 The Gidgee Project and The Paleochannel Problem. 35:11 Is it frustrating to be misunderstood about the Gidgee Project? 37:30 How do investors understand exploration results? 41:23 How to understand lack of mineralisation strike length. 42:31 What are Allan's thoughts on the Mineral Exploration sector? 43:49 Lack of patience from brokers. 45:03 Reasons why Allan is optimistic with Nickel and the Bangemall project. 50:57 Allan's last words. 51:26 Conclusions Previous Conversations with Allan Kelly Mineral Exploration - Creating Value Organically Miramar Resources Limited (ASX: M2R) - Mineral Exploration Success - Discovery at Marylebone. Miramar Resources Limited (ASX: M2R) Discovery at Gidji, Bangemall and Whaleshark Miramar Resources Limited (ASX: M2R) Discovery at Gidji, Glandore and Whaleshark. Miramar Resources Limited (ASX: M2R) - Surprises in the Bangemall: Carbonatites and IOCG Project Updates at Miramar Resources Limited (ASX: M2R) PODCAST About Allan Kelly Executive Chair of Miramar Resources Limited Mr Kelly is a geologist and manager with over 30 years’ experience in mineral exploration, development and production throughout Australia and the Americas. Mr Kelly graduated in 1994 with a Bachelor of Science (with honours) in Applied Geology from Curtin University. He has been involved in targeting early stage exploration of gold, nickel and copper deposits in Australia, Alaska and Canada and has previously held senior exploration positions within Western Mining Corporation and Avoca Resources Limited. He has also served as an Executive Director of Riversgold Ltd and a non-executive director of Alloy Resources Ltd. In 2009, Mr Kelly founded Doray Minerals Limited, which listed on the ASX in early 2010. Under Mr Kelly’s management, Doray discovered the high-grade Wilber Lode gold deposit within the Andy Well Project in the Murchison Region of Western Australia, which moved from discovery to production within three and a half years, and subsequently funded, constructed and commissioned the Deflector Gold-Copper Project within 14 months of completing the takeover of Mutiny Gold Limited in 2014. In 2014, Mr Kelly was awarded the Association of Mining and Exploration Companies (AMEC) ‘Prospector Award’, along with Doray’s co-founder Mr Heath Hellewell, for the discovery of the Wilber Lode and Andy Well gold deposits. Mr Kelly is a Fellow and Former Councillor of the Association of Applied Geochemistry (AAG), a Member of the Australian Institute of Geoscientists (AIG) and a Member of the of the Institute of Brewing and Distilling (IBD). 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. Share to Grow: Your Bonus Samso has just released an eBook: How to Add Value to your Share Portfolio A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook. 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 Samso ASX stories are also through the Brilliant-Online channels. Subscribe to Brilliant Investments.

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