Beacon Minerals gold sales for quarter were 4,443 ounces. The quarterly average sale price was A$2,987/oz.
<ASX Spectator>
The Director's Commentary of the ASX.
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<WIRE> Beacon Minerals (ASX:BCN) gold sales for quarter were 4,443 ounces
<WIRE> RLF AgTech announces strategic alliance with Commonwealth Bank of Australia
RLF AgTech Ltd (ASX:RLF) has secured a significant strategic alliance with Commonwealth Bank of Australia. The deal will fund a large-scale soil carbon pilot program among other initiatives.
<WIRE> Cue Energy Resources: Palm Valley 2P Total Gas Reserves Increase to 0.6 MMBOE
Cue Energy Resources Ltd (ASX:CUE) has announced that the total gas reserves for its Palm Valley project have increased by 14% to 0.6 million barrels of oil equivalent (MMBOE) as of 1 July 2023.
<WIRE> Bubs Australia unanimously recommends to vote against each of the resolutions (ASX:BUB)
July 27 (Reuters) - Bubs Australia:
- Unanimously recommends to vote against each of the resolutions.
- Expects to announce CEO appointment in August 2023.
- 61.00% of votes at AGM cast against removal of director Paul Jense.
Source text for Eikon: ID:nASX4jBNcc
Further company coverage: BUB.
<WIRE> Narryer Metals (ASX:NYM) Seeks Trading Halt
Narryer Metals Ltd (ASX:NYM) has requested a trading halt pending an announcement regarding a capital raising.
<WIRE> Kalina Power (ASX:KPO) says Kalina Distributed Power completed formal contracts
Kalina Power Ltd (ASX:KPO) announced that Kalina Distributed Power has completed formal contracts for three separate project sites in central Alberta. The contracts are for planned natural gas-fired combined cycle power plants integrated with carbon capture & sequestration.
<AD>
<WIRE> Australia's Megaport (ASX:MP1) Gains on Solid Quarterly Earnings
Shares of cloud services provider Megaport (ASX:MP1) jump as much as 6.1% to A$9.850, posting their biggest intraday percentage gain since July 12.
The stock is among the biggest gainers in the benchmark ASX 200 index (ASX:AXJO).
Megaport reports fourth-quarter normalized EBITDA of A$11.8 million ($7.99 million) and FY normalized EBITDA of A$20.2 million, within its guidance range.
The company says FY EBITDA is A$25.2 million, within its guidance range of A$24 million to A$26 million.
Megaport also mentions that June ARR (Annual Recurring Revenue) is A$178.6 million, up 39% from last year.
The company expects to be net cash positive for FY24.
MP1 stock is up 47.1% year-to-date, as of the last close.
<WIRE> Karoon Energy: June Quarter Oil Production at 1.68 Million Barrels (ASX:KAR)
Karoon Energy Ltd:
- 2023 June quarter oil production: 1.68 million barrels.
- June quarter average net realized oil price: US$73.10/BBL.
- Sales revenue of US$122.7 million for June quarter.
- Expected production for June 2024 to be higher than FY23, at 9 - 11 MMBBL.
- Unit production cash costs to be lower at US$11 - 15/BBL for the next twelve months, ending June 2024.
<WIRE> WISR Says Loan Origination Of A$53M in Q4FY23
WISR Ltd (ASX:WZR) reported a loan origination of A$53M in Q4FY23, representing a 71% decrease compared to the previous quarter. The company's operating revenue for the quarter was A$24.6M, reflecting a 39% increase.
<WIRE> Scorpion Minerals (ASX:SCN) signs MOU with Sunwoda at Youanmi
Scorpion Minerals Ltd (ASX:SCN) has signed a Memorandum of Understanding (MOU) with Sunwoda at Youanmi. The MOU aims to advance discussions for potential investment, off-take agreements, and development opportunities. It is specifically focused on the potential investment and fast-track development of the Youanmi lithium project.