WCN has 1.08 billion shares on issue and is currently trading at $0.008 for a market capitalisation of $8.6 million. It has just completed a capital raising of $2.3 million, by way of Share Purchase Plan and Placement. This resulted in the issue of 387 million shares at a price…
Every day now we have investment banks and others telling us that the Australian housing party is over. Estimates for price falls over the next year or so vary from 7.5% to 25%. Even the Reserve Bank of Australia is in on the act. But it is trying to but…
There is a widely held concept that any measure of the human impact on Earth should include all the resources people consume and all the waste they generate. The objective is to understand the supply/demand balance. At present it is generally considered that we are in deficit. That is, the…
For the past six years Grant Thornton Australia has undertaken a survey of the junior mining sector. This year the survey was based upon 108 responses. The sector comprises about 700 companies so the number of responses is statistically significant. It comes as no surprise that the number one issue…
It is human nature to see order where there is none and to see patterns that do not exist. The reason, it is argued, is that early man would use pattern recognition to see a lion behind trees and thus attempt escape. It was much more important to be wrong…
These are not the top five as three from August are also very popular this month. Australian LNG Projects are in Serious Trouble What a disaster. Over $200 billion spend with little likelihood of a return on capital Specialty Metals & Minerals – Graphite The first in what will be…