Proactiveinvestors Australia

ARTICLES

• Friday, January 30, 2015
  TZ Limited on track to meet upgraded FY2015 revenue guidance
  

  Sales of A$7 million for the first half, a backlog of about $4 million and a solid pipeline of secured business place TZ Limited in position to meet its FY2015 revenue guidance of $18 million. Demand for its products continues to build.

• Friday, January 30, 2015
  Thundelarra has assays pending from Red Bore, Allamber
  

  Assays are pending from reverse circulation drilling at Thundelarra’s Red Bore and Allamber projects. The company is also fully funded for its planned 2015 exploration at Red Bore and Curara Well.

• Friday, January 30, 2015
  Freelancer Limited has record cash receipts of $7.4M in Q4
  

  Cash receipts in the fourth quarter of 2014 are up 7.6% from the previous quarter to $7.4 million. This is up 42.1% from the previous corresponding quarter. The company has $20.2 million in cash. Shares should trade higher today.

• Friday, January 30, 2015
  Tiger Resources forecasts 2015 copper production at 25,000 tonnes
  

  Tiger Resources expects all-in sustaining cash cost to fall through 2015 to average between US$1.57 and US$1.67 per pound. Production is forecast at 25,000 tonnes of copper cathode.

• Friday, January 30, 2015
  Applabs Technologies delivers bumper growth in December quarter
  

  Applabs achieved strong revenue and contract growth in the December quarter 2014, demonstrating the capabilities of its Fee for Service division. This could be just the beginning, with $1.1 million in additional new contracts quoted. Applabs is well-funded.

• Friday, January 30, 2015
  Greenland Minerals and Energy advancing Kvanefjeld Feasibility Study
  

  Outstanding components for the Kvanefjeld Feasibility Study are set for completion in February. An updated Resource estimate is expected soon with a Mining Reserve to follow soon after. The pro-uranium Greenland Government also provides a clear path forward.

• Friday, January 30, 2015
  Wall Street rallies on better-than-expected jobs data
  

  U.S. stocks shook off earlier losses to end markedly higher, as investors focused on a slight bounce in oil prices and better-than-expected jobless claims data. Oil edged higher, gold dropped. The ASX SI 200 is up 51 points to 5557.

• Thursday, January 29, 2015
  Carbon Energy secures $1.2M loan facility from Macquarie Bank
  

  The $1.2 million loan facility from Macquarie Bank will be repaid from the expected research and development tax rebate for FY2015. Carbon Energy's Blue Gum Gas Project has Queensland's fifth largest Proved and Probable Reserve of 1,128 petajoules.

• Thursday, January 29, 2015
  Phoenix Gold pours first gold from Kintore in December quarter
  

  The first mining campaign has produced 5,639 ounces of gold at the Greenfields mill. Phoenix Gold expects the Kintore mine to be cash flow positive in the March quarter 2015 as strip ratios decrease and higher grade ore is accessed at lower levels.

• Thursday, January 29, 2015
  Mining Projects Group identifies thick nickel sulphide channel at Roe Hills
  

  Drilling at Mining Projects Group’s Roe Hills Project has identified a new thick nickel sulphide fertile lava channel. This increases prospectivity of the entire 40 kilometre strike. Geology is comparable to that at the Cosmos Nickel Project.

• Thursday, January 29, 2015
  Blackham Resources’ $3M placement closes oversubscribed
  

  The oversubscribed placement was made to new institutional, sophisticated and professional investors. This delivers further financial capacity to Blackham’s register. Discussions are progressing to finance the Matilda Gold Project through exploration, feasibility and into production.

• Thursday, January 29, 2015
  Poseidon Nickel set to boost Indicated Resource at Lake Johnston
  

  Poseidon is expected to convert a significant amount of resources at Lake Johnston into the Indicated category within weeks, with the next step the potential to convert to reserves. The company has also received offers for nickel concentrate offtake.