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11/11/2019 – Argonaut Morning Note

    Home Stockbroking & Research Morning Notes 11/11/2019 – Argonaut Morning Note
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    11/11/2019 – Argonaut Morning Note

    By Jonas Dorling | Morning Notes | 0 comment | 11 November, 2019 | 0

    Key News Overnight:

    Donald Trump said trade talks with China are moving along “very nicely” and that Beijing wants a trade deal “much more than I do.” The president also labelled reports as incorrect about how much the U.S. was ready to roll back tariffs on China. “If we don’t make that right deal, we’re not going to make a deal.”

    Impeachment inquiry: House Republicans asked the chairman of the Intelligence Committee to call Hunter Biden, the anonymous whistle-blower and others to testify during public hearings that begin Wednesday. Trump said he’s planning to release the transcript of an earlier call with the Ukrainian president as soon as Tuesday.

    The U.K.’s sovereign credit rating was cut to negative from stable by Moody’s, which blamed Brexit for weakening the country’s ability to set policy. Meanwhile, the Tories sought to move the electoral battleground to the economy. Chancellor Sajid Javid said Labour’s spending plans would plunge Britain into a crisis.

    Oil erased an early loss Friday to finish the week up and settle at a six-week high. Gold had its biggest weekly drop in more than two years.

    In This Issue:

    Independence Group | Panoramic Resources (IGO, PAN) | Analyst | Matthew Keane

    Perenti (PRN) | Burkina Faso update | HOLD | Analyst | Ian Christie

    Strike Energy (STX) | West Erregulla Resource Statement | Not covered | No rating

    Saracen Mineral Holdings (SAR) | Q Exploration and drilling update| BUY | Analyst | Matthew Keane

    Recent Research:

    Perenti (PRN) | Decmil (DCG) | Cardinal Resources (CDV)

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