The ASX surged over 8900 at lunchtime in the eastern states, as energy rode oil’s surge and ANZ banked billions in fresh deposits.
WA1 Resources is among a number of critical minerals companies locking in funding as rising profile provides support for miners.
Adviser Jack Tossol says homebuyers today will pay up to $2m in mortgage repayments – ‘dead money’ that could be successfully invested elsewhere.
Supply chain concerns have stirred optimism over lithium prices, but a mine shut in China and safety issue in Chile may not move the needle.
Petratherm’s step-out drilling at the Rosewood prospect extended mineralisation up to 3km north and uncovered additional targets.