Bill McConnell

Bulls N' Bears 18 May 2026

Augustus raises $2.5M for WA gold drilling

Augustus Minerals has received firm commitments to raise $2.5 million to fast-track stage two drilling at its Music Well gold project near Leonora. The raise follows hot on the heels of a successful maiden drill campaign that returned wide intersections, including 32m at 0.9g/t gold. The new funds will be used for a 2,800m reverse circulation and diamond drill program set to kick off in June.

Bulls N' Bears 07 Jan 2026

Geopolitics and wars rage as markets look past the noise

Geopolitics are rattling the world with war dominating the headlines and pervading uncertainty everywhere, yet markets appear largely unfazed. Bulls N' Bears' Dollar Bill looks at how equities have traded through past crises and why punters so often misread risk. History shows markets don't reprice events - they reprice consequences, timing and policy, with initial headlines often bearing little long-term market impact.

Bulls N' Bears 30 Dec 2025

Three calls and three hits for Dollar Bill - what’s next?

Dollar Bill rarely indulges in “I told you so” moments, but with uranium, silver and small caps all delivering exactly as forecast, a glance at the scoreboard feels justified. From silver's stunning outperformance to the revival of risk appetite, The Dollar reflects on his calls that landed. Looking ahead, lithium and nickel appear set as the next potential comeback stories with a revival in both already underway.

Bulls N' Bears 28 Dec 2025

Dollar Bill: The algorithm ate my broker – but should it?

With the old-fashioned advice-giving broker almost a thing of the past now, Bulls N' Bears Dollar Bill weighs up the pros and cons of the algorithm that ate his broker.

Bulls N' Bears 27 Dec 2025

Dollar Bill: The Santa rally – real or imagined?

Bulls N' Bears' Dollar Bill says the Santa Claus rally sounds like market folklore, yet the data keeps proving it real. December delivers unusually strong returns across global markets, driven less by fundamentals and more by seasonal sentiment, patterns and investor psychology in the lead up to Xmas. From technical traders to casual punters, everyone seems to behave differently as the year winds down.

Bulls N' Bears 24 Dec 2025

Dollar Bill: The year the ASX remembered how to party. The winners, losers and hardest partiers for 2025

The ASX fired back to life in 2025 as gold and silver hit records, copper ran hard and critical minerals took off on the back of largely US supply-chain geopolitics. Small caps delivered the kind of multi-baggers not seen in years, but biotechs took a bruising. Dollar Bill looks at the market's wild return to form and what the shifting macro picture may mean for 2026.

Bulls N' Bears 19 Nov 2025

Middle Island outlines big lead-zinc target at fresh Serbian play

Middle Island Resources has outlined an extensive lead-zinc target in Serbia after its first soil-sampling program at the historic Tisovik lead mine returned a widespread anomalism. The company says the mineralisation remain open to the north where sampling lines near the projected strike of the “Tisovik limestone” - the same geological unit that historically produced exceptional lead grades during multiple mining phases dating back to the 1930's.

Bulls N' Bears 30 Oct 2025

Meeka hits 300 gram golden paydirt at Andy Well in WA

Meeka Metals has struck multiple, high-grade ore topping 300 grams per tonne gold at its Andy Well project in WA – the company's first underground mine at the Murchison project in WA. The underground development began in July, with the high-grade ore now feeding the plant and pushing October output toward 3800 ounces as the company adds a third jumbo continuing its ramp toward seven levels in ore.

Bulls N' Bears 29 Oct 2025

The Louvre, lithium and legal larceny – how to spot a heist on the ASX

When four thieves scaled the Louvre for France's crown jewels, Dollar Bill couldn't help spotting a market parallel. From Pilbara Minerals' Altura buy to Wildcat's lithium punt, Larvotto's $3m purchase of Hillgrove and Hawk's Resources scandium move just last week, Australia's juniors keep proving the best deals don't always wear a heavy price tag. All it takes is a bit of nerve, timing and paperwork.

Augustus Minerals_Brian Rodan_BULLSNBEARSWA

Bulls N' Bears 23 Oct 2025

High stakes and blue sky as Augustus lines up for PNG golden prize

Augustus Minerals has applied for an exploration licence at the historic Mt Kare goldfield in Papua New Guinea, adjacent to the 32-million-ounce Porgera deposit. The application, if granted could be a game changer for the $10m market capped company and Augustus appears to have ticked all the boxes in its drive to land the 2m ounce Mt Kare.

Dateline Resources_Colosseum_BULLSNBEARSWA

Bulls N' Bears 13 Oct 2025

Dateline hints at bottom line boost for BFS as gold soars

Dateline Resources' impending BFS will likely get a big financial shot in the arm when compared to its October 2024 scoping study that assumed a gold price US$1300 per ounce less than today's spot price. The bankable feasibility study for the company's Colosseum gold-rare earths project in California is in full swing and remains on schedule with mining quotes, testwork and long-lead procurement items all tracking to plan.

Bulls N' Bears 08 Oct 2025

Neometals targets high-grade gold in WA’s Murchison

Neometals Limited has started drilling beneath and along strike of the historic Barrambie Ranges gold mine in WA's Murchison after a soil and mapping campaign defined multiple high-priority targets. The company says the 2,000-metre reverse-circulation program will test extensions of previously mined high-grade veins and add new data to its growing Barrambie dataset, which already includes a maiden resource at Ironclad and high-grade hits at Mystery.

Map of Augustus Minerals' soil sampling locations

Bulls N' Bears 08 Oct 2025

Augustus primes rig after WA Leonora gold soil blitz

Augustus Minerals has wrapped up a 1,173 sample auger soil program at its Music Well gold project north of Leonora in Western Australia, testing extensions at its Clifton Dodd's and St Patricks targets, while running first pass lines across the new Golden Dingo nugget trend Samples are at the lab with multi element results due in weeks, with a Heritage Survey Report pending to clear the path for the company's maiden drilling.

Bulls N' Bears 04 Sep 2025

Augustus sharpens WA gold push as new PNG project looms

Augustus Minerals is zeroing in on outcropping veins with visible gold across its Music Well ground north of Leonora, where rock chips have run to a sky-high 122.8g/t. Heritage surveys are underway ahead of the first imminent RC drill holes. A looming PNG asset could add further significant upside for the company. Augustus is second in line for the highly prospective Mt Kare project, which it is pursuing through an application phase, with drill planning underway.

Bulls N' Bears 03 Sep 2025

Gold, antimony and momentum: Siren targets NZ’s Sams Creek riches

Siren Gold has raised $4 million to accelerate drilling at its flagship Sams Creek project in New Zealand, with funds also directed towards high-grade antimony-gold exploration at its Langdons and Queen Charlotte projects. With gold and antimony prices surging and a pending mining permit decision, Siren is positioning itself at the centre of New Zealand's resurging resources sector.

Bulls N' Bears 01 Sep 2025

Dateline raises $25M for US gold‑rare earths push near Mountain Pass

Dateline Resources has raised $25 million at 21.5 cents a share, lifting its cash balance to $35 million, to accelerate drill programs and BFS work at its California Colosseum gold‑rare earths project next door to the Mountain Pass mine. Six new breccia‑pipe targets and modelling to about 300m depth underpin the technical case, while a recent OTCQB listing has improved North American investor access. Recent federal recognition further supports the case for this ASX high-flyer.

Dateline Resources Colosseum project BNB WA

Bulls N' Bears 15 Jul 2025

Dateline may have earned keys to rare earths penthouse suite

Dateline Resources sits barely 10 clicks north of what could soon become the single most heavily backed rare earths operation on the planet, courtesy of a recent multibillion-dollar public-private partnership just announced between MP Materials and the United States Department of Defense. Dateline hosts geology almost identical to MP's Mountain Pass rare earths as well as a gold resource north of a million ounces.

Bulls N' Bears 14 Jul 2025

King River taps high-grade gold while eyeing NT copper-gold riches

King River Resources has unearthed more high-grade gold at its Kurundi project in the Northern Territory and is preparing to drill two iron oxide copper-gold targets at its Kuiper prospect this month. The company is working through a pipeline of drill-ready targets across its 5000 square kilometre Tennant Creek landholding, following earlier standout hits and geophysical success.

Bulls N' Bears 14 Jul 2025

Aussie rare earths juniors shine as US dollars flood Mountain Pass mine

There are moments when policy collides with geology, and when it does, fortunes can shift overnight. The decision by the US Department of Defence, announced last week, to take a half-billion-dollar equity stake in the country's only producing rare earths mine has thrust the geopolitical spotlight onto a handful of ASX-listed juniors and reshaped their prospects in a flash.

BMG RC DRILL RIG AT ABERCROMBY BULLSNBEARS 1440 x 960

Bulls N' Bears 11 Jul 2025

BMG firms up gold footprint at Abercromby project in WA Mid West

BMG Resources has firmed up its belief in a substantial gold system at its Abercromby gold project in WA's Mid West region, after receiving broad mineralised hits from the first phase of a recently completed diamond drilling program. Scoping studies are now underway to assess the optimal mining strategy, with a low-capex, fast-tracked production scenario being evaluated.

Chariot Corporation Nigerian tenements BNBWA

Bulls N' Bears 10 Jul 2025

Milestone deal plunges Chariot into West African lithium market

Chariot Corporation has struck a milestone deal to acquire almost 70 per cent of five high-grade Nigerian lithium projects, featuring mapped spodumene pegmatites and rock chip grades of up to 3.31 per cent lithium oxide. The low-cost, staged earn-in model reflects the company's strategic approach and adds African firepower to a lithium portfolio already spanning the US and Australia.

Bulls N' Bears 08 Jul 2025

Beetaloo hits major milestone with NT well gas stimulation

Beetaloo Energy Australia has completed a historic 67-stage hydraulic stimulation campaign executed by global oilfield services giant Halliburton at its Carpentaria-5H well in the Northern Territory's Beetaloo sub-basin. The campaign was wrapped up in 20 days and covered an extraordinary 2955-metre lateral section, marking what could be a turning point in Australia's quest for reliable and scalable gas supply to the eastern seaboard.

Xanadu Mines_Colin Moorhead at White Hill deposit

Bulls N' Bears 19 May 2025

Xanadu shares soar on $160m takeover offer

Xanadu Mines' share price soared more than 50 per cent today after the company received an 8 cents per share takeover offer from unlisted Bastion Mining, valuing the Mongolian-focused copper-gold developer at $160 million. The offer follows hot on the heels of an expired exclusivity period earlier this month over a control transaction the company was negotiating with joint venture partner and major shareholder Zijin Mining.

Bulls N' Bears 11 Oct 2024

Is the tide about to turn for small caps?

The European Central Bank, followed by the US Federal Reserve and then the Bank of China, have all confirmed that a new era of falling interest rates has arrived. Historically, small cap equity markets have consistently outperformed during times of monetary easing and these latest central bank moves suggest the period of small cap underperformance may be coming to an end.

Bulls N' Bears 23 May 2024

A silver linings playbook

Every cloud has a silver lining and Dollar Bill reckons silver IS that silver lining right now. Once considered a poor man's gold, silver is poised to take its place in the sun, having quietly tracked the gold price skywards. Sun Silver provided a poignant example last week when its 20c IPO hit the boards at 50c before marching to a 75c high.

Bulls N' Bears 20 Mar 2024

Did the lithium bubble really burst, or is it just deflated?

Fuelled by little more than a curious mind and a well-stocked cellar, Dollar Bill has turned his gaze towards the role battery inventories played in the bursting of the lithium bubble – and the potential for recovery. It seems clear that battery manufacturers played a key part in both inflating and then bursting the bubble and now may be poised to inflate it again.

Bulls N' Bears 27 Dec 2023

Uranium price hike tantalises ASX-listed juniors

With the uranium price touching US$80 a pound, up from a low of US$20 just a few years ago, a bevy of ASX-listed small caps are lining up for a piece of the action. Geoscience Australia says Australia boasts almost half (46 per cent) of the global uranium resources which screams opportunity. Dollar Bill pontificates on potential for law changes and the future for uranium mining in Australia.

Bulls N' Bears 26 Sep 2023

When it comes to cash, Dollar Bill is all ears

It was a delight recently for Dollar Bill (sometimes known as Bill McConnell) to sit down and pore over the latest BDO Australia Explorer Quarterly Cash Update. For Dollar Bill, the report presented as a natural pairing with a fruity Chateau Latour and led to a wonderfully delicious and contemplative evening on the chaise lounge by the fire.

Bulls N' Bears 18 Sep 2023

Are small caps set to come back punching?

In the first of Bulls N' Bears' new guest columnist series, Dollar Bill – sometimes known as Bill McConnell – gets down and dirty with the small cap sector that he says might be about to drag itself off the canvas. Dollar Bill says macro factors such as global GDP, the interest rate cycle and others all suggest an inflection point for ASX juniors.

Bill McConnell

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