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27/07/2020 Argonaut Morning Note

    Home Stockbroking & Research Morning Notes 27/07/2020 Argonaut Morning Note
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    27/07/2020 Argonaut Morning Note

    By Quinton Meyers | Morning Notes | 0 comment | 27 July, 2020 | 0

    Key News Overnight:

    Gold traded above US$1,900 on Friday, the first time since 2011, as due to escalation between the U.S. and China.

    Tensions in the South China Sea continue to heat up.

    China’s thousands of state-owned enterprises, local governments, and public institutions are expanding hiring as a record number of students graduate into a job market left reeling by the COVID-19 pandemic.

    In This Issue:

    Capricorn Metals (CMM) | Karlawinda Plant upscaled to 5Mtpa throughput | Not covered | No rating

    St Barbara Mines (SBM) | Moose River Resources Acquisition | Not covered | No rating

    Lynas Corporation (LYC) | Contract signed for Phase 1 of heavy rare earth facility | Not covered | No rating

    Cardinal Resources (CDV) | Board recommends Shandong’s $0.70 cash offer | Not covered | No rating

    Emeco (EHL) | FY20 results | Not covered / No rating

    Base Resources (BSE) | Substantial resource downgrade | Not covered | No rating

    Kalium Lakes (KLL) | Board Changes | Not covered | No rating

    Recent Research:

    Myanmar Metals (MYL)

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