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Matt Birney

Matt Birney is the author and a Director of Bulls N Bears which is a joint venture between Business News and Birney Corporate Communications. Bulls N Bears is an ASX release distribution platform that "turbo charges" the reach of public company announcements by utilizing the significant resources and public following of Business News. Bulls N Bears delivers information driven by public company announcements to the tens of thousands of Business News subscribers, distributes it on Twitter to targeted financial markets participants and sends it to its 1000 strong database of financial journalists at every significant media outlet across Australia. Bulls N Bears also records and distributes radio interviews with public company CEO's for the purposes of thoroughly exploring the ramifications of a company announcement before uploading the link to each interview to its unique web portal that sits inside the Business News website. 

Email : matt@birneycorporate.com.au

Tel : 0419217090

Triton focuses on Ancuabe early high grade production

Perth based Triton Minerals have indicated they will focus on getting their Ancuabe prospect in Mozambique into early stage high grade production this year. The company says that 72% of flakes discovered at Ancuabe are greater than 300 microns in size and that 43% are greater than 500 microns, at grades of more than 98% Total Graphitic Carbon.

Burleson quits oil and gas assets to focus on satellites

Burleson Energy has cleared the decks of their historic oil and gas assets in the USA to focus on their exciting new nano-satellite play out of Israel. Wholly owned Burleson subsidiary Burleson Energy General LLC has entered into an agreement with AKG Energy L.P for the sale of its oil and gas assets located in the United States for a cash consideration of AUD$43,500.

Terrain turns up high grade gold results at Menzies

Perth based Terrain Minerals continue to prove up interesting high grade gold results at their Monet prospect within the Rembrandt project just out of Menzies in WA.Results include 2m @ 12.91 g/t gold from just 10m below surface including a 1m intersection grading 24.3 grams per tonne gold. 

Troy achieves commercial production in S.A

Troy Resources have achieved commercial production at their $133m Karouni gold plant in Guyana, a small English speaking country on the north Atlantic coast of South America. The company says its Karouni plant is now self funding just 8 weeks after pouring its first 4.7kg gold bar. They are aiming for production of 80 000 tonnes a month from this month.

Neometals to pay dividend before production

In an extraordinary move, Perth based Neometals will pay a dividend even ahead of production after amassing a $67m pile of money via a series of sublime deals surrounding their Mount Marion Lithium play. They will return $11.2m of the $67m of cash they have amassed back to shareholders by way of a 2c per share un-franked dividend and capital payback.

Blackham DFS shows $234m free cashflow

Blackham Resources have released their highly anticipated DFS, which shows the Matilda Gold Project in Wiluna reaping at least AUD$234m in free cashfow over its initial 7 year mine life. With only 239m shares on issue on a fully diluted basis and a current share price of less than 50c the maths on this project starts to look very interesting. 

Blackham discovers new gold lodes on the eve of DFS

When your biggest problem is that you cant find a piece of un-mineralized ground to place your waste dump you know you’re on a winner in the gold mining business. Such is the case at Blackham Resources Matilda Mine prospect in Wiluna. Canaccorde Genuity recently predicted the company would EBIT $41.6m in FY17 and a whopping $91.4m in Fy18 as they hurtle towards production.

Adult diaper market to increase by 48% to $2.7b

ASX listed Analytica have pointed to an article on Bloomberg getting global coverage on the growth in the adult diaper market to highlight the need for an effective treatment for urinary incontinence, a condition that can be cured or reduced using Analytica’s “Peri-Coach” device. Euromonitor International is forecasting a 48 percent increase in sales in the adult diaper market to $2.7b by 2020.

Triton makes 31m strike grading over 10% Graphite in Mozambique

Perth based Triton Minerals have hit a 31m drill intersection grading over 10% total graphitic carbon content (TGC) at its world class Nicanda West graphite play in Mozambique. Preliminary test work at Triton's Ancuabe project has also returned some of the highest quality jumbo and super jumbo flake graphite in the world with over 73% of flake exceeding 300 microns and 43% exceeding 500 microns.

Blackham adds another 10 000 ounces as production looms

With only months to go before Blackham Resources achieves its dream of firing up the old Wiluna Gold plant to treat a whole host of new discoveries, the company has again increased its in ground gold resource estimate at the Matilda Gold Project in Wiluna - this time by 10 000 ounces. Blackham's shares have doubled over the last few months as they continually update the size of their resource.

Burleson Energy to put satellites into space

ASX listed Burleson Energy, currently trading at just 0.4c appear to have landed a company maker that ticks all the right boxes with its impending back door listing of Sky and Space Global Ltd. SSG is a start up seeking to deploy clusters or “constellations” of new tech “nano-satellites” into space for the purposes of owning a global telecommunications network for satellite phone and data users.

Excitement builds as Legend drills conductors

Ever since Sirius Resources poked a hole into a magnetic signature on a map and came up with the colossal Nova-Bollinger nickel resource, the market takes particular note when others do the same – especially when it is in the same area. Legend Mining shares have run by 50% over the last few weeks ahead of their drill program starting on February 22nd to test 5 identified conductors.

Stargroup looks to 300% ATM revenue increase

Perth based Stargroup’s aggressive acquisition strategy in its ATM machine division appears to be paying off with the company staring at a 319% year on year revenue increase this quarter from its ATM division. The March quarter will be the first full quarter incorporating Stargroup’s latest ATM machine network acquisition via Cash Plus Australia.

Neometals in $38m cash bonanza from Lithium play

At a time when junior miners are screaming for cash, no such problem exists at the David and Chris Reed led Neometals. Last quarter the company reported cash of $31m and today they announced their Chinese partner in the Mt Marion Lithium project near Coolgardie will pay them another $38m to increase their stake in the project.

Blackham adds another 19000 ounces of gold in Wiluna

Determined not to repeat the sins of past owners of the Wiluna Gold plant in W.A, Blackham Resources are pulling out all stops to increase their free milling base load ore before they remove the mothballs from the plant around the middle of the year. The company recently announced they have added another 19 000 ounces, or $30m worth of gold to the Matilda Mine prospect.

$500K grant for Pharmaust cancer research

Perth based listed cancer drug hopeful Pharmaust, has received a $546 000 Government windfall from the Research and Development Rebate Scheme. Under the scheme, eligible Australian companies that are undertaking approved research and development activities can claim up to 43.5% of their expenditure back from the Federal Government.

Stargroup investment in manufacturer starts to pay

ASX listed ATM machine operator Stargroup’s 19.25% investment in their Korean ATM machine supplier and manufacturer NeoICP, is now officially more than just a strategic tie up. NeoICP recently announced they had booked a AUD$1.9m profit (EBITDA) for the first 6 months of the 2016 financial year, blitzing last year’s full year result of just $1.7m.

Higgo brings in new team after clean sweep at Triton

Newly minted Triton Minerals M.D Garth Higgo has wasted no time in placing his stamp on the company with the appointment of a new Chief Operating Officer, a new Chief Financial Officer and a new Non Executive Director. Mr Higgo was himself only appointed as Chief Executive Officer in December and was previously the Global Director of Mining for Aurecon Group and Calibre Global.

Chinese take another 80000 tonnes of Lithium p/a from Neometals

With the construction of their Lithium plant underway at Mt Marion in W.A, Neometals appear to have received a major economic boost for the project ahead of it springing to life in mid 2016. In a sign that demand for Lithium is on the increase, leading Chinese lithium producer, Ganfeng Lithium Co have agreed to either take or pay for 80 000 tonnes of sub 6% spodumene concentrate per annum.

Analytica spreads its wings in the UK

In a move that will add to the credibility of its incontinence medical device known as the PeriCoach, ASX listed Analytica have cemented a major distribution agreement in the UK. The PeriCoach system, which is designed to assist women who suffer from urinary incontinence to correctly exercise their pelvic floor muscles will now be distributed in the UK by Savantini Ltd.

Blackham adds 40 000 ounces to Golden Age & Galaxy

The Blackham Resources train continues to gather steam as the company hurtles towards production in Wiluna, possibly as soon as the middle of this year. Blackham recently announced an upgrade to their existing resources at the Galaxy and Golden Age deposits at the Matilda Gold project with the addition of another 40 000 ounces of gold.

Blackham firms up base load with production tantalizingly close

Avid market watchers will now start trying to value Blackham Resources in search of that elusive arbitrage as the company hurtles towards production in Wiluna next quarter. The company has firmed up its base load feed for the old Wiluna Gold plant after its latest round of drilling again failed to disappoint.

Analytica Banks $1.9m from Feds for medical device

The Federal Government’s “Research and Development Incentive” grant has re-filled the coffers of ASX listed medical device company Analytica to the tune of $1.9m. The company has developed its much heralded “Pericoach” medical device to assist women to either treat, or in some cases completely cure urinary incontinence.

Blackham results show Galaxy deposit still going at depth

ASX Listed Blackham Resources are pulling out all stops in their bid to become the next WA gold explorer to make the leap into production. Recent drilling campaigns have confirmed that their Galaxy deposit is still going past the 100m mark and firmed up yet another prospect at the Matilda Gold project and with a 3500m drilling campaign to kick off next week, watch this space.

Resource at Ancuabe imminent for Triton

Perth based owner of the worlds largest flake graphite deposit, Triton Minerals is looking forward to a solid 6 months of news flow as they aim to complete their DFS on the Balama North project by mid year and produce a maiden graphite resource for the Ancuabe project sometime this quarter. Both projects are in Mozambique.

Pharmaust to improve taste of anti-cancer drug

Anti-cancer drug hopeful Pharmaust has moved to overcome a limitation discovered in its promising cancer drug known as Monepantel during recent phase 1 human trials. Juniper Pharmaceuticals have been appointed to reformulate the company’s Monepantel drug with the goal being to improve its taste and palatability.

Stargroup ATM machine revenue jumps by 50%

Aggressive ASX listed ATM machine operator Stargroup has booked its 8th record quarter on the back of a 50% jump in ATM machine revenues. The company also expects to finish this quarter with its 9th record quarter in a row, as the full impact of their recent acquisition of rival ATM machine operator Cash Plus Australia kicks in.

PharmAust secures $2.3m contract extension

PharmAust Limited has announced that its wholly-owned subsidiary Epichem Pty Ltd has been awarded a two-year extension to its current contract with Drugs for Neglected Diseases Initiative (DNDi)

Blina secures company maker in Colombia

In the famed Middle Cauca gold belt in Colombia, finding only a million ounces of gold wouldn’t be enough to even contemplate getting out of bed for each day. Perth based mining minnow Blina Minerals with a share price of just .1c has just secured a 63 HA exploration block exquisitely wedged between scores of multi-million ounce deposits in the region.

Incontinence sufferers to access Gov funds for device

ASX listed Analytica have convinced the West Australian Government to provide tax payer funding for women suffering from incontinence to access their PeriCoach medical device. The Disability Services Commission, via Independence Australia, operate a subsidy scheme known as the West Australian Continence Management and Support Scheme in WA.

Terrain consummates deal for Goldfields gold play

After receiving an intriguing set of numbers from its maiden drill campaign, Terrain Minerals have given effect to a very favourable deal that allows them to take control of the Rembrandt Gold Project near Menzies in WA for just $1. Recent drill results include 1m @ 80.4 g/t, 1m @ 20 g/t and 1m @ 18.85 g/t.

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King River set to power the world with amazing vanadium resource

High purity vanadium is being tipped for greatness as a revolutionary force in battery storage of renewable energy. Perth’s King River Copper may well have the largest and highest purity in-ground resource in the world in W.A. Last week the company proved it could produce the holy grail of purity levels at 99.5%, placing it amongst elite company around the world.

88 Energy rubbing shoulders with oil majors in Alaska

A Perth based ASX listed junior has quietly been sweeping up big swathes of lucrative acreage in Alaska’s hottest oil province known as the North Slope with the truth diviner in the form of a drill rig about to be put to the test in coming months. 88 Energy will soon drill a well targeting up to 400 million barrels at its Western Blocks project in the region.

Pilbara begins work on 5Mtpa expansion

With Stage 1 of the giant Pilgangoora Lithium mine racing ahead, Pilbara Minerals has stepped up work on expansion plans that could make the project the world’s largest Lithium mine. The ASX-listed Lithium developer yesterday announced it had awarded further key contracts, including power generation and was reworking its expansion plans to boost Stage 2 capacity from 4Mtpa to 5Mtpa.

Terrain creates excitement with serious gold hits near Leonora

Terrain Minerals may have just transformed their Great Western gold project near Leonora into something much more serious after the company reported a number of near surface, excellent gold hits during their latest drilling campaign. Best results include 3m @ 26.6 g/t gold from just 8m down hole, 2m @ 24.4 g/t, 5m @ 6.98 g/t and 2m @ 12.1 g/t gold. 

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Weebit makes breakthrough with game changing memory tech

Technology company Weebit-Nano continues to make big strides in the development of its game changing “Re-Ram” memory storage technology with the announcement of successful electrical testing.  Weebit believes Re-RAM has the capacity to revolutionise memory storage due it being faster, cheaper and requiring less energy than current flash storage methods.

Sharks wary of SMS patterned wetsuit says UWA

ASX listed Shark Mitigation Systems have achieved scientific validation of their unique, patented, shark deterrent wetsuits after the University of W.A completed a ground breaking trial of the company’s “SAMS” wetsuit technology with live white sharks in South Africa. The results, which are quite stunning, show that it took a shark 400% longer to engage with a SAMS wetsuit.

Pilbara Minerals to move into Lithium downstream processing with Chinese

In the Lithium business it can be very profitable to own a mine, however, turning that Lithium into battery grade chemicals, commonly known as downstream processing, can be even more lucrative. Market darling Pilbara Minerals have given a hint of their medium term strategy after signing an MOU to move into the Lithium downstream processing business with the Chinese. 

Weebit to collaborate with Global tech powerhouse to commercialize revolutionary computer memory

It doesn’t happen often but every now and then a tech story comes along that looks like it just might survive the tech bubble and create a real business that makes real money. One such story at least at face value is ASX listed Weebit Nano that was back door listed by Perth connections into Radar Iron earlier this year and is now headquartered in Nedlands.