Tharun is a Chartered Financial Analyst from the CFA Institute, U.S. A graduate from Loyola College, Chennai, he started his career in Goldman Sachs at their Bangalore office. Prior to his current role at Proactive Investors, he worked as an equity analyst at a global research and analytics company in Mumbai, assisting institutional clients across Asia.
In addition to its core Australian medicinal cannabis assets, THC has a significant Canadian presence – both in cannabis and in hydroponics equipment.
The company recently revealed positive results from its updated feasibility study and reserve estimate for the Dolphin Tungsten Project.
$2 million placement completed to fund exploration in Burkina Faso and Western Australia.
The resource upgrade will feed into the DFS underway expected to be complete next quarter.
Losses were felt among the utilities, communications and financial stocks.
Net profit is now expected to be $4.7-$5.1 million in FY19, upgraded from previous guidance of $4.3-4.9 million
The company is focused on its two projects in Quebec, Canada and one in New South Wales.
Saracen Mineral gained 6.1% to $3.85 and St Barbara Limited climbed 5.5%