Hosted by the Cygnet Capital team, each episode explores market trends, company developments, and investment strategies shaping Australia’s financial landscape.
Hear concise, data-driven analysis and expert commentary designed for investors, analysts, and finance professionals seeking clarity in a fast-moving market.
Hosted on Acast. See acast.com/privacy for more information.
]]>Hosted by the Cygnet Capital team, each episode explores market trends, company developments, and investment strategies shaping Australia’s financial landscape.
Hear concise, data-driven analysis and expert commentary designed for investors, analysts, and finance professionals seeking clarity in a fast-moving market.
Hosted on Acast. See acast.com/privacy for more information.
]]>Recorded: 6 October 2026.
Market Context
Global markets trade quietly as US 10-year Treasury yields test ~5.3%–5.4% and oil prices firm. Gold consolidates under US$4,200/oz after easing US$200, while COMEX copper holds firm near ~US$6.50/lb. Corporate M&A is the key driver: Gold Fields launched a ~A$40B takeover offer for Northern Star Resources (ASX: NST) (rejected over jurisdictional risk), while Lynas agreed to acquire Meteoric Resources for ~A$1B for Brazilian ionic clay endowment.
Armchair Analyst
Jason Segal compares healthcare M&A deal metrics:
- CSL (ASX: CSL): Committed US$355M upfront (US$1.6B total deal value) for a Phase 2 kidney asset (FSGS), demonstrating big-pharma M&A premiums.
- Dimerix (ASX: DXB): Phase 3 rare kidney disease developer (~A$140M MC) advancing ACTION for FSGS, which acquired a pre-Phase 2 asset for US$5M.
Managing Director Interview
Chris Hansen (MD) and Alex (Technical Lead) of Somerset Minerals (ASX: SMM) discuss the Coppermine Project in Nunavut, Canada (>1,650 km² tenure covering >90% of Copper Creek basalts). Maiden RC drilling on the 17km Talisker corridor returned discovery hits TARC0003 (36.6m @ 1.62% Cu & 11.8 g/t Ag) and TARC0008 (38.1m @ 1.27% Cu & 7.4 g/t Ag), testing 2km of strike. Assays for 2 holes (~200m north) are pending. Non-core Ecuador assets are slated for sale to Lundin for US$5M (~A$7.5M), providing runway alongside permits for 100 holes and two 50-man camps.
Company Reviews
The team reviews recent drill results across four developers:
- True North Copper (ASX: TNC): Wallace North (~A$60M MC) returned 11m @ 4.23% Cu and 32m @ 1.69% Cu. PFS and maiden reserve due by year end.
- Aurum Resources (ASX: AUE): Boundiali returned 28m @ 22.92 g/t Au and 17.95m @ 36.57 g/t Au.
- Brightstar Resources (ASX: BTR): Sandstone (~A$700M MC) returned 305m @ 1.82 g/t Au at Two Mile Hill.
- Kalamazoo Resources (ASX: KZR): Ashburton returned 50m @ 4.9 g/t Au and 59m @ 3.2 g/t Au. MRE due Q4 2026, PFS Q1 2027.
Big Hits
High-grade exploration updates from TNC, AUE, BTR, and KZR as detailed above.
Tigers with Spots
Hawk Resources (ASX: HWK): Native title agreements secured for the Olympus Scandium project in WA, with copper assays pending at Cactus in Utah.
Conference Watch
LinQ Minerals (ASX: LNQ) and Kalamazoo (ASX: KZR) presenting at Australian Gold Conference (13–14 Oct)
Island Pharmaceuticals (ASX: ILA) and Hawk (ASX: HWK) at Australian Microcap Conference (20–21 Oct)
Ioneer (ASX: INR), Hawk (ASX: HWK), BOA Resources (ASX: BOA) and Brightstar (ASX: BTR) at IMARC (27-29 Oct, Sydney)
Watch List Update
Portfolio trades: Bought 20,000 shares in Dimerix (ASX: DXB) at ~23c and 20,000 shares in Island Pharmaceuticals (ASX: ILA) under 40c.
Active hypothetical portfolio:
25k TM1 @ $0.345
2M SMM @ $0.012
1M SVG @ $0.009
25k LNQ @ $0.36
20k DXB @ $0.23
20k ILA @ $0.38.
Watchlist updates:
- Ioneer (ASX: INR)
- Carnaby (ASX: CNB)
- Tetratherix (ASX: TTX) (FDA 510k response)
- Terra Metals (ASX: TM1)
- Broken Hill Mines (ASX: BHM)
- Hamelin Gold (ASX: HMG)
- LinQ Minerals (ASX: LNQ)
- Ballymore (ASX: BMR)
- Savannah Goldfields (ASX: SVG)
- Guest picks
Previous Podcast Episodes | Substack | Daily Market Updates
Cygnet Capital Pty Ltd is an Authorised Representative of Cygnet Securities Australia Pty Ltd AFSL 241095.
The information discussed in this podcast is general in nature and does not constitute financial advice.
Investors should conduct their own research and seek professional advice before making any investment decisions.
Hosted on Acast. See acast.com/privacy for more information.
]]>Recorded: 6 October 2026.
Market Context
Global markets trade quietly as US 10-year Treasury yields test ~5.3%–5.4% and oil prices firm. Gold consolidates under US$4,200/oz after easing US$200, while COMEX copper holds firm near ~US$6.50/lb. Corporate M&A is the key driver: Gold Fields launched a ~A$40B takeover offer for Northern Star Resources (ASX: NST) (rejected over jurisdictional risk), while Lynas agreed to acquire Meteoric Resources for ~A$1B for Brazilian ionic clay endowment.
Armchair Analyst
Jason Segal compares healthcare M&A deal metrics:
- CSL (ASX: CSL): Committed US$355M upfront (US$1.6B total deal value) for a Phase 2 kidney asset (FSGS), demonstrating big-pharma M&A premiums.
- Dimerix (ASX: DXB): Phase 3 rare kidney disease developer (~A$140M MC) advancing ACTION for FSGS, which acquired a pre-Phase 2 asset for US$5M.
Managing Director Interview
Chris Hansen (MD) and Alex (Technical Lead) of Somerset Minerals (ASX: SMM) discuss the Coppermine Project in Nunavut, Canada (>1,650 km² tenure covering >90% of Copper Creek basalts). Maiden RC drilling on the 17km Talisker corridor returned discovery hits TARC0003 (36.6m @ 1.62% Cu & 11.8 g/t Ag) and TARC0008 (38.1m @ 1.27% Cu & 7.4 g/t Ag), testing 2km of strike. Assays for 2 holes (~200m north) are pending. Non-core Ecuador assets are slated for sale to Lundin for US$5M (~A$7.5M), providing runway alongside permits for 100 holes and two 50-man camps.
Company Reviews
The team reviews recent drill results across four developers:
- True North Copper (ASX: TNC): Wallace North (~A$60M MC) returned 11m @ 4.23% Cu and 32m @ 1.69% Cu. PFS and maiden reserve due by year end.
- Aurum Resources (ASX: AUE): Boundiali returned 28m @ 22.92 g/t Au and 17.95m @ 36.57 g/t Au.
- Brightstar Resources (ASX: BTR): Sandstone (~A$700M MC) returned 305m @ 1.82 g/t Au at Two Mile Hill.
- Kalamazoo Resources (ASX: KZR): Ashburton returned 50m @ 4.9 g/t Au and 59m @ 3.2 g/t Au. MRE due Q4 2026, PFS Q1 2027.
Big Hits
High-grade exploration updates from TNC, AUE, BTR, and KZR as detailed above.
Tigers with Spots
Hawk Resources (ASX: HWK): Native title agreements secured for the Olympus Scandium project in WA, with copper assays pending at Cactus in Utah.
Conference Watch
LinQ Minerals (ASX: LNQ) and Kalamazoo (ASX: KZR) presenting at Australian Gold Conference (13–14 Oct)
Island Pharmaceuticals (ASX: ILA) and Hawk (ASX: HWK) at Australian Microcap Conference (20–21 Oct)
Ioneer (ASX: INR), Hawk (ASX: HWK), BOA Resources (ASX: BOA) and Brightstar (ASX: BTR) at IMARC (27-29 Oct, Sydney)
Watch List Update
Portfolio trades: Bought 20,000 shares in Dimerix (ASX: DXB) at ~23c and 20,000 shares in Island Pharmaceuticals (ASX: ILA) under 40c.
Active hypothetical portfolio:
25k TM1 @ $0.345
2M SMM @ $0.012
1M SVG @ $0.009
25k LNQ @ $0.36
20k DXB @ $0.23
20k ILA @ $0.38.
Watchlist updates:
- Ioneer (ASX: INR)
- Carnaby (ASX: CNB)
- Tetratherix (ASX: TTX) (FDA 510k response)
- Terra Metals (ASX: TM1)
- Broken Hill Mines (ASX: BHM)
- Hamelin Gold (ASX: HMG)
- LinQ Minerals (ASX: LNQ)
- Ballymore (ASX: BMR)
- Savannah Goldfields (ASX: SVG)
- Guest picks
Previous Podcast Episodes | Substack | Daily Market Updates
Cygnet Capital Pty Ltd is an Authorised Representative of Cygnet Securities Australia Pty Ltd AFSL 241095.
The information discussed in this podcast is general in nature and does not constitute financial advice.
Investors should conduct their own research and seek professional advice before making any investment decisions.
Hosted on Acast. See acast.com/privacy for more information.
]]>Recorded: 29 September 2026.
Market Context
The Fed hiked rates 25bps to 3.75%–4.00% under Chair Kevin Warsh, pushing 10-year Treasury yields to ~5.2%. Gold consolidates at ~US$4,311/oz (~A$6,150/oz) and silver sits at ~US$65/oz, while Australian gold M&A stays active (Northern Star; Evolution acquiring Carnaby). Copper trades firm at ~US$6.71/lb on US tariffs and tight supply. Brent oil sits at ~US$105/bbl and uranium trades near ~US$89.5/lb.
Armchair Analyst
Jason Segal compares healthcare clinical and regulatory pathways:
- EchoIQ (ASX: EIQ): Medtech developer using AI echocardiography; FDA setback highlights regulatory strategy.
- Paradigm Biopharmaceuticals (ASX: PAR): Drug developer advancing Zilosul for knee OA; Phase 3 enrolment completed.
- Sector Updates: Telix (ASX: TLX) proposed a ~A$3.3B merger with ITM, Helius divested Agilex to TPG-backed Novotech for $150M, and Emyria (ASX: EMD) added Dr David Shulkin.
Managing Director Interview
Graeme Purcell, MD of BOA Resources (ASX: BOA), discusses Neds Creek in WA. BOA is acquiring Sandfire's 51% interest plus Thaduna and Green Dragon (adding 5.3Mt @ 2.3% Cu for 121kt contained copper). Initial RC drilling at Ricci Lee returned high-grade copper in all six initial holes, including 14m @ 2.49% Cu from 122m (inc. 7m @ 4.60% Cu) and 15m @ 2.25% Cu from 130m.
Company Reviews
The team reviews Austral Resources (ASX: AR1) following a Mt Isa site visit:
- Austral Resources (ASX: AR1): Dual-hub copper producer (~A$0.075/sh, ~A$199M MC, ~A$83M cash, no debt).
- Mt Kelly SX/EW Plant: Operating oxide plant (30ktpa capacity, producing ~8ktpa cathode).
- Rocklands Concentrator: 3Mtpa sulphide facility targeting expansion to 6Mtpa (~A$25M capex, late FY27 commissioning). Rated Speculative Accumulate.
Big Hits
High-grade exploration updates:
- Anax Metals (ASX: ANX): Whim Creek returned 85.9m @ 2.89% CuEq from 34.6m; AGM notice lodged 24 September.
- Many Peaks Minerals (ASX: MPK): Ferké returned 116.0m @ 2.78 g/t Au from 524m; annual report lodged 22 September.
- Waratah Minerals (ASX: WTM): Spur intersected 46m @ 7.27 g/t Au from 541m; deep drilling links Ironclad & Consols.
- PC Gold (ASX: PC2): Spring Hill returned 29.65m @ 4.32 g/t Au from 332.35m; 386.8M shares on issue.
Tigers with Spots
BOA Resources (ASX: BOA) graduated from Episode 21's Tiger feature to this episode's MD interview.
Conference Watch
Precious Metals Summit (Beaver Creek: BGD, TSO)
Mining Forum Americas (Colorado Springs)
Bio Calendar (BioJapan, AusBiotech: ILA, TTX, DXB).
Watch List Update
Portfolio updates across active names:
Ioneer (ASX: INR)
Tetratherix (ASX: TTX)
Terra Metals (ASX: TM1)
Island Pharmaceuticals (ASX: ILA)
Broken Hill Mines (ASX: BHM)
Rumble Resources (ASX: RTR)
Hamelin Gold (ASX: HMG) (raised $7.93M at $0.16)
LinQ Minerals (ASX: LNQ) (AGM set for 17 Nov, $92.3M market cap)
Ballymore Resources (ASX: BMR) (launched $4.7M raise via Cygnet)
Savannah Goldfields (ASX: SVG) (voluntary suspension pending financing & annual report, AGM 30 Nov)
Hawk Resources (ASX: HWK)
Somerset Minerals (ASX: SMM)
Previous Podcast Episodes | Daily Market Updates
Cygnet Capital Pty Ltd is an Authorised Representative of Cygnet Securities Australia Pty Ltd AFSL 241095.
The information discussed in this podcast is general in nature and does not constitute financial advice.
Investors should conduct their own research and seek professional advice before making any investment decisions.
Hosted on Acast. See acast.com/privacy for more information.
]]>Recorded: 29 September 2026.
Market Context
The Fed hiked rates 25bps to 3.75%–4.00% under Chair Kevin Warsh, pushing 10-year Treasury yields to ~5.2%. Gold consolidates at ~US$4,311/oz (~A$6,150/oz) and silver sits at ~US$65/oz, while Australian gold M&A stays active (Northern Star; Evolution acquiring Carnaby). Copper trades firm at ~US$6.71/lb on US tariffs and tight supply. Brent oil sits at ~US$105/bbl and uranium trades near ~US$89.5/lb.
Armchair Analyst
Jason Segal compares healthcare clinical and regulatory pathways:
- EchoIQ (ASX: EIQ): Medtech developer using AI echocardiography; FDA setback highlights regulatory strategy.
- Paradigm Biopharmaceuticals (ASX: PAR): Drug developer advancing Zilosul for knee OA; Phase 3 enrolment completed.
- Sector Updates: Telix (ASX: TLX) proposed a ~A$3.3B merger with ITM, Helius divested Agilex to TPG-backed Novotech for $150M, and Emyria (ASX: EMD) added Dr David Shulkin.
Managing Director Interview
Graeme Purcell, MD of BOA Resources (ASX: BOA), discusses Neds Creek in WA. BOA is acquiring Sandfire's 51% interest plus Thaduna and Green Dragon (adding 5.3Mt @ 2.3% Cu for 121kt contained copper). Initial RC drilling at Ricci Lee returned high-grade copper in all six initial holes, including 14m @ 2.49% Cu from 122m (inc. 7m @ 4.60% Cu) and 15m @ 2.25% Cu from 130m.
Company Reviews
The team reviews Austral Resources (ASX: AR1) following a Mt Isa site visit:
- Austral Resources (ASX: AR1): Dual-hub copper producer (~A$0.075/sh, ~A$199M MC, ~A$83M cash, no debt).
- Mt Kelly SX/EW Plant: Operating oxide plant (30ktpa capacity, producing ~8ktpa cathode).
- Rocklands Concentrator: 3Mtpa sulphide facility targeting expansion to 6Mtpa (~A$25M capex, late FY27 commissioning). Rated Speculative Accumulate.
Big Hits
High-grade exploration updates:
- Anax Metals (ASX: ANX): Whim Creek returned 85.9m @ 2.89% CuEq from 34.6m; AGM notice lodged 24 September.
- Many Peaks Minerals (ASX: MPK): Ferké returned 116.0m @ 2.78 g/t Au from 524m; annual report lodged 22 September.
- Waratah Minerals (ASX: WTM): Spur intersected 46m @ 7.27 g/t Au from 541m; deep drilling links Ironclad & Consols.
- PC Gold (ASX: PC2): Spring Hill returned 29.65m @ 4.32 g/t Au from 332.35m; 386.8M shares on issue.
Tigers with Spots
BOA Resources (ASX: BOA) graduated from Episode 21's Tiger feature to this episode's MD interview.
Conference Watch
Precious Metals Summit (Beaver Creek: BGD, TSO)
Mining Forum Americas (Colorado Springs)
Bio Calendar (BioJapan, AusBiotech: ILA, TTX, DXB).
Watch List Update
Portfolio updates across active names:
Ioneer (ASX: INR)
Tetratherix (ASX: TTX)
Terra Metals (ASX: TM1)
Island Pharmaceuticals (ASX: ILA)
Broken Hill Mines (ASX: BHM)
Rumble Resources (ASX: RTR)
Hamelin Gold (ASX: HMG) (raised $7.93M at $0.16)
LinQ Minerals (ASX: LNQ) (AGM set for 17 Nov, $92.3M market cap)
Ballymore Resources (ASX: BMR) (launched $4.7M raise via Cygnet)
Savannah Goldfields (ASX: SVG) (voluntary suspension pending financing & annual report, AGM 30 Nov)
Hawk Resources (ASX: HWK)
Somerset Minerals (ASX: SMM)
Previous Podcast Episodes | Daily Market Updates
Cygnet Capital Pty Ltd is an Authorised Representative of Cygnet Securities Australia Pty Ltd AFSL 241095.
The information discussed in this podcast is general in nature and does not constitute financial advice.
Investors should conduct their own research and seek professional advice before making any investment decisions.
Hosted on Acast. See acast.com/privacy for more information.
]]>Recorded: 25 August 2026
Market Context
Precious metals have returned to the forefront of market activity. Spot gold is approximately US$4,620/oz, or A$6,435/oz, following an 11% increase in August. Silver has moved above US$67/oz, up 20% month on month and 78% year on year.
Copper is around US$6.55/lb on COMEX amid looming US refined copper tariffs, supply tightness in China plus demand from AI and grid infrastructure. Brent oil sits around US$95/bbl, uranium at US$88/lb while tin trades near record levels at US$55,500/t.
The team also discusses Kevin Warsh's appointment as Federal Reserve Chair, rates remaining at 3.50% to 3.75% plus Australian gold M&A, including Elliott's 4% stake in Northern Star.
Armchair Analyst
Jason reviews multiple stocks, including Emyria Limited (ASX: EMD)
Managing Director Interview
We welcome Harry Donner, CEO and Executive Director of LinQ Minerals (ASX: LNQ), which is focused on its 100% owned Gilmore Gold Copper Project in central west New South Wales.
The project spans 597km² across 40km of strike within the Macquarie Arc porphyry belt and hosts a JORC resource of 516Mt containing approximately 3.7Moz of gold and 1.2Mt of copper.
Harry discusses recent drilling at Gidginbung Southern Zone, where GBRCD013 intersected 95m @ 2.14 g/t AuEq. At Monza Central, MZACD003 intersected 70.8m @ 1.11% CuEq from 71m. With three rigs operating plus an August capital raising underway, LinQ is preparing for updated resource estimates and a Southern Zone scoping study.
Company Reviews
David reviews three gold companies:
• St Barbara (ASX: SBM): Approximately $0.66/share and $800m market cap, with $500m total liquidity and no debt. Simberi's sulphide expansion is planned to scale output beyond 200,000oz per year on a 100% basis, with St Barbara holding a 40% attributable share.
• Tesoro Gold (ASX: TSO): Approximately $1.07/share and $192m market cap. Its 95.4% owned El Zorro project hosts the 1.82Moz Ternera resource at 1.1 g/t gold, with a DFS plus FID targeted for the end of 2026.
• Larvotto Resources (ASX: LRV): Approximately $1.32/share and $685m market cap, progressing the Hillgrove gold antimony project near Armidale.
Big Hits
The team reviews recent exploration results from:
• Solstice Minerals (ASX: SLS): 629.1m @ 0.50% Cu and 0.17 g/t Au from surface at Nanadie Well.
• Lode Resources (ASX: LDR): 8.2Moz silver equivalent maiden resource at Montezuma plus a new adjacent silver zinc discovery.
• Golden Horse Minerals (ASX: GHM): 12m @ 7.29 g/t Au at Hopes Hill.
• Adavale Resources (ASX: ADD): 19m @ 4.0 g/t Au at Parkes, outside the current 107,000oz resource envelope.
Tigers with Spots
This week's Tiger with Spots is BOA Resources (ASX: BOA), which is consolidating the Neds Creek project in Western Australia's Murchison Copper Belt.
BOA is acquiring the Thaduna and Green Dragon deposits from Sandfire, which hold a combined 5.3Mt @ 2.3% copper. A 15,000m drilling campaign is underway, with initial Ricci Lee assays expected in September 2026.
Watch List
Updates include Ioneer (ASX: INR), Carnaby Resources (ASX: CNB), Terra Metals (ASX: TM1), Broken Hill Mines (ASX: BHM), Rumble Resources (ASX: RTR), Hamelin Gold (ASX: HMG), Ballymore Resources (ASX: BMR), Savannah Goldfields (ASX: SVG) plus Somerset Minerals (ASX: SMM).
Previous Podcast Episodes | Daily Market Updates
Cygnet Capital Pty Ltd is an Authorised Representative of Cygnet Securities Australia Pty Ltd AFSL 241095.
The information discussed in this podcast is general in nature and does not constitute financial advice.
Investors should conduct their own research and seek professional advice before making any investment decisions.
Hosted on Acast. See acast.com/privacy for more information.
]]>Recorded: 25 August 2026
Market Context
Precious metals have returned to the forefront of market activity. Spot gold is approximately US$4,620/oz, or A$6,435/oz, following an 11% increase in August. Silver has moved above US$67/oz, up 20% month on month and 78% year on year.
Copper is around US$6.55/lb on COMEX amid looming US refined copper tariffs, supply tightness in China plus demand from AI and grid infrastructure. Brent oil sits around US$95/bbl, uranium at US$88/lb while tin trades near record levels at US$55,500/t.
The team also discusses Kevin Warsh's appointment as Federal Reserve Chair, rates remaining at 3.50% to 3.75% plus Australian gold M&A, including Elliott's 4% stake in Northern Star.
Armchair Analyst
Jason reviews multiple stocks, including Emyria Limited (ASX: EMD)
Managing Director Interview
We welcome Harry Donner, CEO and Executive Director of LinQ Minerals (ASX: LNQ), which is focused on its 100% owned Gilmore Gold Copper Project in central west New South Wales.
The project spans 597km² across 40km of strike within the Macquarie Arc porphyry belt and hosts a JORC resource of 516Mt containing approximately 3.7Moz of gold and 1.2Mt of copper.
Harry discusses recent drilling at Gidginbung Southern Zone, where GBRCD013 intersected 95m @ 2.14 g/t AuEq. At Monza Central, MZACD003 intersected 70.8m @ 1.11% CuEq from 71m. With three rigs operating plus an August capital raising underway, LinQ is preparing for updated resource estimates and a Southern Zone scoping study.
Company Reviews
David reviews three gold companies:
• St Barbara (ASX: SBM): Approximately $0.66/share and $800m market cap, with $500m total liquidity and no debt. Simberi's sulphide expansion is planned to scale output beyond 200,000oz per year on a 100% basis, with St Barbara holding a 40% attributable share.
• Tesoro Gold (ASX: TSO): Approximately $1.07/share and $192m market cap. Its 95.4% owned El Zorro project hosts the 1.82Moz Ternera resource at 1.1 g/t gold, with a DFS plus FID targeted for the end of 2026.
• Larvotto Resources (ASX: LRV): Approximately $1.32/share and $685m market cap, progressing the Hillgrove gold antimony project near Armidale.
Big Hits
The team reviews recent exploration results from:
• Solstice Minerals (ASX: SLS): 629.1m @ 0.50% Cu and 0.17 g/t Au from surface at Nanadie Well.
• Lode Resources (ASX: LDR): 8.2Moz silver equivalent maiden resource at Montezuma plus a new adjacent silver zinc discovery.
• Golden Horse Minerals (ASX: GHM): 12m @ 7.29 g/t Au at Hopes Hill.
• Adavale Resources (ASX: ADD): 19m @ 4.0 g/t Au at Parkes, outside the current 107,000oz resource envelope.
Tigers with Spots
This week's Tiger with Spots is BOA Resources (ASX: BOA), which is consolidating the Neds Creek project in Western Australia's Murchison Copper Belt.
BOA is acquiring the Thaduna and Green Dragon deposits from Sandfire, which hold a combined 5.3Mt @ 2.3% copper. A 15,000m drilling campaign is underway, with initial Ricci Lee assays expected in September 2026.
Watch List
Updates include Ioneer (ASX: INR), Carnaby Resources (ASX: CNB), Terra Metals (ASX: TM1), Broken Hill Mines (ASX: BHM), Rumble Resources (ASX: RTR), Hamelin Gold (ASX: HMG), Ballymore Resources (ASX: BMR), Savannah Goldfields (ASX: SVG) plus Somerset Minerals (ASX: SMM).
Previous Podcast Episodes | Daily Market Updates
Cygnet Capital Pty Ltd is an Authorised Representative of Cygnet Securities Australia Pty Ltd AFSL 241095.
The information discussed in this podcast is general in nature and does not constitute financial advice.
Investors should conduct their own research and seek professional advice before making any investment decisions.
Hosted on Acast. See acast.com/privacy for more information.
]]>Episode 20 examines the strength across copper, gold and silver, the changing US interest rate backdrop, rare earth supply security plus continued investment across defence and AI infrastructure. We also discuss the importance of balance sheet quality, development visibility and project execution as resources continue to lead the Australian market.
The episode also includes a biotech review of Dimerix (ASX: DXB), examining the company’s Phase 3 ACTION3 trial for DMX-200, completion of adult recruitment, existing regional licensing agreements plus the significance of the final Phase 3 efficacy readout.
We are also joined by Peter Harold, Managing Director and CEO of Rumble Resources (ASX: RTR), to discuss the Western Queen gold-tungsten project. The conversation covers the newly identified 52.5koz high-grade zone at Western Queen Central grading approximately 11.3 g/t Au, the updated mine plan, permitting, dewatering, financing preparations plus the pathway towards mobilisation.
David also reviews Ballymore Resources (ASX: BMR) following a recent site visit to the Torpy’s discovery in North Queensland, alongside Caspin Resources (ASX: CPN) following the Noosa Mining Conference.
We also highlight recent drilling and exploration results from Somerset Minerals (ASX: SMM), Brightstar Resources (ASX: BTR), Middle Island Resources (ASX: MDI), White Cliff Minerals (ASX: WCN) and Hamelin Gold (ASX: HMG), alongside updates across the Watch List and portfolio positions.
Rivers Race
This episode also highlights a cause that is particularly meaningful to us at Cygnet Capital. Previous podcast guest Rob Watkins, Managing Director of Carnaby Resources, recently reached out to us about Rivers Race, a 5km charity run and walk being held along the Swan River in Mosman Park, Perth on 20 September.
Rivers Race has been organised in loving memory of Rob’s son, River Watkins. In August last year, shortly before his eighth birthday, River was diagnosed with Diffuse Midline Glioma, also known as DMG or DIPG, an aggressive brain cancer with no effective treatment or cure. Tragically, River passed away less than three weeks after his diagnosis. River’s family has established Rivers Race to honour his life, raise awareness of DMG plus help change the outlook for other children and families faced with the disease. Funds raised through Rivers Race will go directly towards DMG cancer research through the Children’s Cancer Institute.
Cygnet Capital will be donating to support Rivers Race. We also encourage anyone who would like to support River’s legacy to consider taking part in the 5km run or walk if they are Perth based, donating or simply sharing the event with others who may wish to contribute.
Donate: https://www.ccia.org.au/event/river-watkins/donate
Register for the Run / Walk: https://www.ccia.org.au/event/rivers-race-event/home
Recorded: 11 August 2026
Commodity Weekly Update
Copper, gold and silver, US interest rates, Middle East risk, rare earths, defence spending and AI infrastructure.
Armchair Analyst – Read by Jonathan
Managing Director Interview
Peter Harold, Managing Director and CEO
Company Reviews
Ballymore Resources (ASX: BMR)
Big Hits
Somerset Minerals (ASX: SMM)
Brightstar Resources (ASX: BTR)
Middle Island Resources (ASX: MDI)
White Cliff Minerals (ASX: WCN)
Hamelin Gold (ASX: HMG)
Tigers with Spots
Heavy Rare Earths (ASX: HRE)
Watch List Update
Ioneer Ltd (ASX: INR)
Terra Metals (ASX: TM1)
Barton Gold (ASX: BGD)
Carnaby Resources (ASX: CNB)
Broken Hill Mines (ASX: BHM)
Somerset Minerals (ASX: SMM)
Rumble Resources (ASX: RTR)
Savannah Goldfields (ASX: SVG)
BOA Resources (ASX: BOA)
Hosted on Acast. See acast.com/privacy for more information.
]]>Episode 20 examines the strength across copper, gold and silver, the changing US interest rate backdrop, rare earth supply security plus continued investment across defence and AI infrastructure. We also discuss the importance of balance sheet quality, development visibility and project execution as resources continue to lead the Australian market.
The episode also includes a biotech review of Dimerix (ASX: DXB), examining the company’s Phase 3 ACTION3 trial for DMX-200, completion of adult recruitment, existing regional licensing agreements plus the significance of the final Phase 3 efficacy readout.
We are also joined by Peter Harold, Managing Director and CEO of Rumble Resources (ASX: RTR), to discuss the Western Queen gold-tungsten project. The conversation covers the newly identified 52.5koz high-grade zone at Western Queen Central grading approximately 11.3 g/t Au, the updated mine plan, permitting, dewatering, financing preparations plus the pathway towards mobilisation.
David also reviews Ballymore Resources (ASX: BMR) following a recent site visit to the Torpy’s discovery in North Queensland, alongside Caspin Resources (ASX: CPN) following the Noosa Mining Conference.
We also highlight recent drilling and exploration results from Somerset Minerals (ASX: SMM), Brightstar Resources (ASX: BTR), Middle Island Resources (ASX: MDI), White Cliff Minerals (ASX: WCN) and Hamelin Gold (ASX: HMG), alongside updates across the Watch List and portfolio positions.
Rivers Race
This episode also highlights a cause that is particularly meaningful to us at Cygnet Capital. Previous podcast guest Rob Watkins, Managing Director of Carnaby Resources, recently reached out to us about Rivers Race, a 5km charity run and walk being held along the Swan River in Mosman Park, Perth on 20 September.
Rivers Race has been organised in loving memory of Rob’s son, River Watkins. In August last year, shortly before his eighth birthday, River was diagnosed with Diffuse Midline Glioma, also known as DMG or DIPG, an aggressive brain cancer with no effective treatment or cure. Tragically, River passed away less than three weeks after his diagnosis. River’s family has established Rivers Race to honour his life, raise awareness of DMG plus help change the outlook for other children and families faced with the disease. Funds raised through Rivers Race will go directly towards DMG cancer research through the Children’s Cancer Institute.
Cygnet Capital will be donating to support Rivers Race. We also encourage anyone who would like to support River’s legacy to consider taking part in the 5km run or walk if they are Perth based, donating or simply sharing the event with others who may wish to contribute.
Donate: https://www.ccia.org.au/event/river-watkins/donate
Register for the Run / Walk: https://www.ccia.org.au/event/rivers-race-event/home
Recorded: 11 August 2026
Commodity Weekly Update
Copper, gold and silver, US interest rates, Middle East risk, rare earths, defence spending and AI infrastructure.
Armchair Analyst – Read by Jonathan
Managing Director Interview
Peter Harold, Managing Director and CEO
Company Reviews
Ballymore Resources (ASX: BMR)
Big Hits
Somerset Minerals (ASX: SMM)
Brightstar Resources (ASX: BTR)
Middle Island Resources (ASX: MDI)
White Cliff Minerals (ASX: WCN)
Hamelin Gold (ASX: HMG)
Tigers with Spots
Heavy Rare Earths (ASX: HRE)
Watch List Update
Ioneer Ltd (ASX: INR)
Terra Metals (ASX: TM1)
Barton Gold (ASX: BGD)
Carnaby Resources (ASX: CNB)
Broken Hill Mines (ASX: BHM)
Somerset Minerals (ASX: SMM)
Rumble Resources (ASX: RTR)
Savannah Goldfields (ASX: SVG)
BOA Resources (ASX: BOA)
Hosted on Acast. See acast.com/privacy for more information.
]]>Episode 19 explores the recent sell-off in gold and silver, the implications of US Treasury refinancing requirements, rare earth supply chain localisation and the emerging divide between AI-driven productivity gains and resource-driven scarcity. We also discuss why critical minerals are increasingly being viewed as strategic assets supported by government policy, funding and industrial priorities.
The episode also includes a review of Talius Group (ASX: TAL), examining its transition toward a healthcare technology platform focused on aged care digitisation, recurring revenue growth and AI-enabled care management.
We also highlight recent drilling and exploration results from White Cliff Minerals (ASX: WCN), Kalamazoo Resources (ASX: KZR) and LinQ Minerals (ASX: LNQ), alongside updates across the Watch List and portfolio positions.
Recorded: 23 June 2026
Commodity Weekly Update
AI versus scarcity, gold and silver, rare earths, Treasury markets, strategic minerals and supply chain localisation.
Company Review
Talius Group (ASX: TAL)
Big Hits
White Cliff Minerals (ASX: WCN)
Kalamazoo Resources (ASX: KZR)
LinQ Minerals (ASX: LNQ)
Watch List Update
Bioxyne (ASX: BXN)
Island Pharmaceuticals (ASX: ILA)
Ioneer Ltd (ASX: INR)
Ballymore Resources (ASX: BMR)
Terra Metals (ASX: TM1)
Barton Gold (ASX: BGD)
Carnaby Resources (ASX: CNB)
Broken Hill Mines (ASX: BHM)
Savannah Goldfields (ASX: SVG)
Previous Podcast Episodes | Daily Market Updates
Cygnet Capital Pty Ltd is an Authorised Representative of Cygnet Securities Australia Pty Ltd AFSL 241095.
The information discussed in this podcast is general in nature and does not constitute financial advice.
Investors should conduct their own research and seek professional advice before making any investment decisions.
Hosted on Acast. See acast.com/privacy for more information.
]]>Episode 19 explores the recent sell-off in gold and silver, the implications of US Treasury refinancing requirements, rare earth supply chain localisation and the emerging divide between AI-driven productivity gains and resource-driven scarcity. We also discuss why critical minerals are increasingly being viewed as strategic assets supported by government policy, funding and industrial priorities.
The episode also includes a review of Talius Group (ASX: TAL), examining its transition toward a healthcare technology platform focused on aged care digitisation, recurring revenue growth and AI-enabled care management.
We also highlight recent drilling and exploration results from White Cliff Minerals (ASX: WCN), Kalamazoo Resources (ASX: KZR) and LinQ Minerals (ASX: LNQ), alongside updates across the Watch List and portfolio positions.
Recorded: 23 June 2026
Commodity Weekly Update
AI versus scarcity, gold and silver, rare earths, Treasury markets, strategic minerals and supply chain localisation.
Company Review
Talius Group (ASX: TAL)
Big Hits
White Cliff Minerals (ASX: WCN)
Kalamazoo Resources (ASX: KZR)
LinQ Minerals (ASX: LNQ)
Watch List Update
Bioxyne (ASX: BXN)
Island Pharmaceuticals (ASX: ILA)
Ioneer Ltd (ASX: INR)
Ballymore Resources (ASX: BMR)
Terra Metals (ASX: TM1)
Barton Gold (ASX: BGD)
Carnaby Resources (ASX: CNB)
Broken Hill Mines (ASX: BHM)
Savannah Goldfields (ASX: SVG)
Previous Podcast Episodes | Daily Market Updates
Cygnet Capital Pty Ltd is an Authorised Representative of Cygnet Securities Australia Pty Ltd AFSL 241095.
The information discussed in this podcast is general in nature and does not constitute financial advice.
Investors should conduct their own research and seek professional advice before making any investment decisions.
Hosted on Acast. See acast.com/privacy for more information.
]]>Episode 18 explores the growing divide between productivity-driven industries and resource-constrained sectors, examining how AI, government policy and strategic resource development are reshaping capital allocation. The discussion covers copper, rare earths and uranium as increasingly strategic assets, alongside the growing importance of localisation, downstream processing and supply chain security.
The episode also includes an Armchair Analyst deep dive into TTX, exploring its biomaterial platform, commercialisation strategy, partnership model, regulatory pathways and valuation framework across dental, orthopaedic, oncology and nasal drug delivery applications.
We’re also joined by Patrick Walta, Managing Director of Broken Hill Mines (ASX: BHM), discussing Pinnacles, the transition toward a hub-and-spoke operating model, production growth, silver exposure and the company’s long-term strategy within the Broken Hill district. Big Hits this week includes Ballymore Resources, Fin Resources, Stellar Resources and Black Canyon, while Tigers With Spots focuses on a newly funded copper-gold explorer with exposure to the Cactus Copper-Gold Project in Utah.
Recorded: 26th of May
Introduction
Episode overview, market themes and podcast introduction.
Commodity Weekly Update
AI-driven productivity, resource-driven inflation, supply security, critical minerals, government policy and strategic resource positioning.
Armchair Analyst
TTX biomaterial platform, partnership strategy, regulatory catalysts, commercial opportunities, valuation framework and key risks.
Special Guest: Patrick Walta, Broken Hill Mines (ASX: BHM)
Pinnacles, production growth, hub-and-spoke strategy, silver exposure, underground opportunities and long-term growth plans.
Big Hits
Ballymore Resources (ASX: BMR)
Fin Resources (ASX: FIN)
Stellar Resources (ASX: SRZ)
Black Canyon (ASX: BCA)
Tigers With Spots
Copper-gold exploration opportunity at the Cactus Copper-Gold Project.
Watch List Update
• Bioxyne (ASX: BXN) – $50M German supply agreement supporting European growth.
• Island Pharmaceuticals (ASX: ILA) – strengthened biodefence and regulatory capability.
• Ioneer (ASX: INR) – boron exposure supporting US critical mineral supply chains.
• Terra Metals (ASX: TM1) – advancing the Dante PGM-copper-nickel discovery.
• Barton Gold (ASX: BGD) – progressing its South Australian gold platform.
• Carnaby Resources (ASX: CNB) – continuing resource growth at Greater Duchess.
• Broken Hill Mines (ASX: BHM) – strong production growth and operational momentum.
• Somerset Minerals (ASX: SMM) – district-scale copper opportunity at Coppermine.
• Rumble Resources (ASX: RTR) – non-dilutive funding supporting Western Queen.
• Savannah Goldfields (ASX: SVG) – funding package supporting Agate Creek restart.
Previous Podcast Episodes | Daily Market Updates
Cygnet Capital Pty Ltd is an Authorised Representative of Cygnet Securities Australia Pty Ltd AFSL 241095.
The information discussed in this podcast is general in nature and does not constitute financial advice.
Investors should conduct their own research and seek professional advice before making any investment decisions.
Hosted on Acast. See acast.com/privacy for more information.
]]>Episode 18 explores the growing divide between productivity-driven industries and resource-constrained sectors, examining how AI, government policy and strategic resource development are reshaping capital allocation. The discussion covers copper, rare earths and uranium as increasingly strategic assets, alongside the growing importance of localisation, downstream processing and supply chain security.
The episode also includes an Armchair Analyst deep dive into TTX, exploring its biomaterial platform, commercialisation strategy, partnership model, regulatory pathways and valuation framework across dental, orthopaedic, oncology and nasal drug delivery applications.
We’re also joined by Patrick Walta, Managing Director of Broken Hill Mines (ASX: BHM), discussing Pinnacles, the transition toward a hub-and-spoke operating model, production growth, silver exposure and the company’s long-term strategy within the Broken Hill district. Big Hits this week includes Ballymore Resources, Fin Resources, Stellar Resources and Black Canyon, while Tigers With Spots focuses on a newly funded copper-gold explorer with exposure to the Cactus Copper-Gold Project in Utah.
Recorded: 26th of May
Introduction
Episode overview, market themes and podcast introduction.
Commodity Weekly Update
AI-driven productivity, resource-driven inflation, supply security, critical minerals, government policy and strategic resource positioning.
Armchair Analyst
TTX biomaterial platform, partnership strategy, regulatory catalysts, commercial opportunities, valuation framework and key risks.
Special Guest: Patrick Walta, Broken Hill Mines (ASX: BHM)
Pinnacles, production growth, hub-and-spoke strategy, silver exposure, underground opportunities and long-term growth plans.
Big Hits
Ballymore Resources (ASX: BMR)
Fin Resources (ASX: FIN)
Stellar Resources (ASX: SRZ)
Black Canyon (ASX: BCA)
Tigers With Spots
Copper-gold exploration opportunity at the Cactus Copper-Gold Project.
Watch List Update
• Bioxyne (ASX: BXN) – $50M German supply agreement supporting European growth.
• Island Pharmaceuticals (ASX: ILA) – strengthened biodefence and regulatory capability.
• Ioneer (ASX: INR) – boron exposure supporting US critical mineral supply chains.
• Terra Metals (ASX: TM1) – advancing the Dante PGM-copper-nickel discovery.
• Barton Gold (ASX: BGD) – progressing its South Australian gold platform.
• Carnaby Resources (ASX: CNB) – continuing resource growth at Greater Duchess.
• Broken Hill Mines (ASX: BHM) – strong production growth and operational momentum.
• Somerset Minerals (ASX: SMM) – district-scale copper opportunity at Coppermine.
• Rumble Resources (ASX: RTR) – non-dilutive funding supporting Western Queen.
• Savannah Goldfields (ASX: SVG) – funding package supporting Agate Creek restart.
Previous Podcast Episodes | Daily Market Updates
Cygnet Capital Pty Ltd is an Authorised Representative of Cygnet Securities Australia Pty Ltd AFSL 241095.
The information discussed in this podcast is general in nature and does not constitute financial advice.
Investors should conduct their own research and seek professional advice before making any investment decisions.
Hosted on Acast. See acast.com/privacy for more information.
]]>The episode also includes a deep dive into Aureka Limited (ASX: AKA), including the Irvine Project, Comstock production pathway and the company’s broader Victorian gold platform strategy with Managing Director James Gurry.
We also discuss favourite ideas from RIU, review recent site visit observations, highlight standout drilling results from Carnaby Resources, Caprice Resources, Waratah Minerals and Sunshine Metals, plus update the Watch List and Tigers With Spots.
Recorded: 19 May 2026
00:00 – Introduction
Episode overview, market themes and podcast introduction.
01:04 – Commodity Weekly Update
Selective markets, macro backdrop, copper outlook, gold equities, rare earths, defence and AI infrastructure.
02:42 – Topic of the Week
RIU favourite ideas including LinQ Minerals, Mammoth Minerals, Sunshine Metals, Barton Gold and Sky Metals.
12:56 – Aureka Limited (ASX: AKA)
Irvine Project, Comstock opportunity, drilling strategy and Victorian gold platform discussion with James Gurry.
22:20 – Big Hits
Carnaby Resources (ASX: CNB)
Caprice Resources (ASX: CRS)
Waratah Minerals (ASX: WTM)
Sunshine Metals (ASX: SHN)
27:14 – Tigers With Spots
BOA Resources (ASX: BOA)
30:43 – Watch List Update
- Terra Metals Limited - emerging as a well-funded PGM-copper-nickel discovery story at Dante, supported by high-grade drilling, a growing 1.6Moz PGE3 resource and strong funding for continued expansion and development work through 2026.
- Somerset Minerals - building a district-scale copper story at Coppermine, where strong drilling results, deep geophysical targets and multiple regional prospects support ongoing discovery and resource growth potential through 2026.
- Broken Hill Mines Limited - delivered a strong March quarter production increase at the Rasp mine, supported by higher throughput, mining lease extensions to 2047 and long-term processing agreements that strengthen its production growth outlook.
- Ioneer Ltd - Ioneer’s Rhyolite Ridge project is positioned to support US critical mineral supply chains through boron production, with growing strategic relevance across defence and industrial applications alongside potential government-backed funding support.
- Barton Gold - Barton Gold controls a large South Australian gold platform with significant resource scale, strategic infrastructure advantages and a staged pathway back toward production supported by higher-grade ore and development optionality.
- Carnaby Resources - advancing as a copper-gold development story at Greater Duchess, where high-grade drilling continues to support resource growth, stronger project economics and increasing development scale.
- Rumble Resources Ltd - Rumble Resources has secured non-dilutive funding to support Western Queen development activities, strengthening the balance sheet and advancing the project closer toward production.
- Savannah Goldfields - strengthened its balance sheet through a funding package supporting the Agate Creek mining restart, exploration activity and broader production recovery plans in Far North Queensland.
Previous Podcast Episodes | Daily Market Updates
Cygnet Capital Pty Ltd is an Authorised Representative of Cygnet Securities Australia Pty Ltd AFSL 241095.
The information discussed in this podcast is general in nature and does not constitute financial advice.
Investors should conduct their own research and seek professional advice before making any investment decisions.
Hosted on Acast. See acast.com/privacy for more information.
]]>The episode also includes a deep dive into Aureka Limited (ASX: AKA), including the Irvine Project, Comstock production pathway and the company’s broader Victorian gold platform strategy with Managing Director James Gurry.
We also discuss favourite ideas from RIU, review recent site visit observations, highlight standout drilling results from Carnaby Resources, Caprice Resources, Waratah Minerals and Sunshine Metals, plus update the Watch List and Tigers With Spots.
Recorded: 19 May 2026
00:00 – Introduction
Episode overview, market themes and podcast introduction.
01:04 – Commodity Weekly Update
Selective markets, macro backdrop, copper outlook, gold equities, rare earths, defence and AI infrastructure.
02:42 – Topic of the Week
RIU favourite ideas including LinQ Minerals, Mammoth Minerals, Sunshine Metals, Barton Gold and Sky Metals.
12:56 – Aureka Limited (ASX: AKA)
Irvine Project, Comstock opportunity, drilling strategy and Victorian gold platform discussion with James Gurry.
22:20 – Big Hits
Carnaby Resources (ASX: CNB)
Caprice Resources (ASX: CRS)
Waratah Minerals (ASX: WTM)
Sunshine Metals (ASX: SHN)
27:14 – Tigers With Spots
BOA Resources (ASX: BOA)
30:43 – Watch List Update
- Terra Metals Limited - emerging as a well-funded PGM-copper-nickel discovery story at Dante, supported by high-grade drilling, a growing 1.6Moz PGE3 resource and strong funding for continued expansion and development work through 2026.
- Somerset Minerals - building a district-scale copper story at Coppermine, where strong drilling results, deep geophysical targets and multiple regional prospects support ongoing discovery and resource growth potential through 2026.
- Broken Hill Mines Limited - delivered a strong March quarter production increase at the Rasp mine, supported by higher throughput, mining lease extensions to 2047 and long-term processing agreements that strengthen its production growth outlook.
- Ioneer Ltd - Ioneer’s Rhyolite Ridge project is positioned to support US critical mineral supply chains through boron production, with growing strategic relevance across defence and industrial applications alongside potential government-backed funding support.
- Barton Gold - Barton Gold controls a large South Australian gold platform with significant resource scale, strategic infrastructure advantages and a staged pathway back toward production supported by higher-grade ore and development optionality.
- Carnaby Resources - advancing as a copper-gold development story at Greater Duchess, where high-grade drilling continues to support resource growth, stronger project economics and increasing development scale.
- Rumble Resources Ltd - Rumble Resources has secured non-dilutive funding to support Western Queen development activities, strengthening the balance sheet and advancing the project closer toward production.
- Savannah Goldfields - strengthened its balance sheet through a funding package supporting the Agate Creek mining restart, exploration activity and broader production recovery plans in Far North Queensland.
Previous Podcast Episodes | Daily Market Updates
Cygnet Capital Pty Ltd is an Authorised Representative of Cygnet Securities Australia Pty Ltd AFSL 241095.
The information discussed in this podcast is general in nature and does not constitute financial advice.
Investors should conduct their own research and seek professional advice before making any investment decisions.
Hosted on Acast. See acast.com/privacy for more information.
]]>Episode 16 explores the shift from geopolitics back to policy and earnings, strength across lithium, uranium and copper, and easing pressure in energy markets. The episode's discussion also includes Andrew's deep dive into Entropy Neurodynamics; a special guest segment with Dr James Garner, CEO of Percheron Therapeutics; Big Hits highlighting key drilling results from FIN Resources, Hawk Resources and Argent Minerals; Tigers With Spots focusing on an undervalued opportunity with strong rerate potential, Lode Resources; and an update to the Watchlist.
Recorded: 28th April, 2026
Introduction
Recap of last week’s episode, overview of key themes and introduction of special guest Dr James Garner from Percheron Therapeutics.
Commodity Overview
Policy, earnings and the Australia–US critical minerals deal.
Strength across lithium, uranium and copper.
Energy markets easing as oil risk premium unwinds.
Entropy Neurodynamics
Overview of Entropy Neurodynamics, its IV psilocin platform, clinical strategy and key upcoming catalysts.
Special Guest: Dr James Garner, Percheron Therapeutics
Discussion of recent data, Phase 2 progression and key milestones ahead.
Big Hits
Key drilling results and exploration updates across selected companies, highlighting standout intercepts and near term catalysts.
FIN Resources (ASX: FIN)
Sulphide hosted gold system drilling at Cabin Lake confirming scale and continuity ahead of assays.
Hawk Resources (ASX: HWK)
Shallow, high grade copper mineralisation at the Cactus Project with strong continuity across a 1km corridor.
Argent Minerals (ASX: ARD)
Broad polymetallic intercepts at Kempfield extending mineralisation at depth, with gold rich zones emerging as a
secondary upside driver.
Tigers With Spots
Companies we believe are undervalued relative to their asset base and catalysts, with potential for significant rerating.
This episode, we highlight Lode Resources, a development stage asset with exposure to silver, antimony, tin and strategic critical minerals.
Watch List Update
Updates to the hypothetical $10,000 portfolio, where performance above the initial investment is donated to charity by Cygnet Capital on a semi-annual basis. This segment reviews portfolio changes, with positions adjusted based on evolving company developments and valuation frameworks.
Wrap-Up
Episode summary and closing remarks.
Connect with Cygnet Capital
Website: https://www.cygnetcapital.com.au
LinkedIn: 
/ cygnet-capital
Disclaimer
Information discussed is general in nature and does not constitute personal or financial advice. Past performance is not indicative of future results. Please consider your objectives and circumstances and seek independent advice if required.
Cygnet Capital Pty Ltd | Authorised Representative of Cygnet Securities Australia Pty Ltd | AFSL 241095.
Hosted on Acast. See acast.com/privacy for more information.
]]>Episode 16 explores the shift from geopolitics back to policy and earnings, strength across lithium, uranium and copper, and easing pressure in energy markets. The episode's discussion also includes Andrew's deep dive into Entropy Neurodynamics; a special guest segment with Dr James Garner, CEO of Percheron Therapeutics; Big Hits highlighting key drilling results from FIN Resources, Hawk Resources and Argent Minerals; Tigers With Spots focusing on an undervalued opportunity with strong rerate potential, Lode Resources; and an update to the Watchlist.
Recorded: 28th April, 2026
Introduction
Recap of last week’s episode, overview of key themes and introduction of special guest Dr James Garner from Percheron Therapeutics.
Commodity Overview
Policy, earnings and the Australia–US critical minerals deal.
Strength across lithium, uranium and copper.
Energy markets easing as oil risk premium unwinds.
Entropy Neurodynamics
Overview of Entropy Neurodynamics, its IV psilocin platform, clinical strategy and key upcoming catalysts.
Special Guest: Dr James Garner, Percheron Therapeutics
Discussion of recent data, Phase 2 progression and key milestones ahead.
Big Hits
Key drilling results and exploration updates across selected companies, highlighting standout intercepts and near term catalysts.
FIN Resources (ASX: FIN)
Sulphide hosted gold system drilling at Cabin Lake confirming scale and continuity ahead of assays.
Hawk Resources (ASX: HWK)
Shallow, high grade copper mineralisation at the Cactus Project with strong continuity across a 1km corridor.
Argent Minerals (ASX: ARD)
Broad polymetallic intercepts at Kempfield extending mineralisation at depth, with gold rich zones emerging as a
secondary upside driver.
Tigers With Spots
Companies we believe are undervalued relative to their asset base and catalysts, with potential for significant rerating.
This episode, we highlight Lode Resources, a development stage asset with exposure to silver, antimony, tin and strategic critical minerals.
Watch List Update
Updates to the hypothetical $10,000 portfolio, where performance above the initial investment is donated to charity by Cygnet Capital on a semi-annual basis. This segment reviews portfolio changes, with positions adjusted based on evolving company developments and valuation frameworks.
Wrap-Up
Episode summary and closing remarks.
Connect with Cygnet Capital
Website: https://www.cygnetcapital.com.au
LinkedIn: / cygnet-capital
Disclaimer
Information discussed is general in nature and does not constitute personal or financial advice. Past performance is not indicative of future results. Please consider your objectives and circumstances and seek independent advice if required.
Cygnet Capital Pty Ltd | Authorised Representative of Cygnet Securities Australia Pty Ltd | AFSL 241095.
Hosted on Acast. See acast.com/privacy for more information.
]]>Episode 15 explores the evolving macro backdrop following recent geopolitical developments, including divergence across commodities, continued strength in gold and copper and near term weakness in energy markets.
The discussion also includes a recap of the Adelaide Rising Stars Conference, Andrew’s deep dive into Central Petroleum and Beetaloo Energy Australia, a special guest segment with Brad Sampson, CEO of Savannah Goldfields, Big Hits highlighting key drilling results, Tigers With Spots focusing on undervalued opportunities with strong rerate potential and an update to the watch list.
In this episode:
00:00:00 – Introduction
Recap of last week’s episode, overview of key themes and introduction of special guest Brad Sampson of Savannah Goldfields.
00:04:03 – Commodity Overview
Energy markets repricing following recent geopolitical developments.
Gold and silver supported by rate expectations and currency movements.
Copper strength signalling ongoing structural demand.
Uranium remaining resilient as a strategic energy asset.
00:07:58 – Central Petroleum (ASX: CTP)
Overview of domestic gas positioning, contracted cash flows and near term production growth.
00:10:16 – Beetaloo Energy Australia (ASX: BTL)
Transition toward first gas, capital raising and pathway to production in 2026.
00:12:05 – David's Adelaide Rising Stars Conference Recap
Key takeaways and observations from the conference.
00:14:52 – Big Hits
Key drilling results and exploration updates across selected companies, highlighting standout intercepts and near term catalysts.
00:14:57 – PolarX (ASX: PXX)
High grade copper drilling extending mineralisation at depth.
00:16:37 – Flynn Gold (ASX: FG1)
Exceptional high grade silver and base metal results confirming historic continuity.
00:17:11 – OD6 Metals (ASX: OD6)
High grade fluorspar channel sampling validating scale and continuity.
00:18:23 – Tigers With Spots
Companies we believe are undervalued relative to their asset base and catalysts, with potential for significant rerating.
00:20:17 – Special Guest: Brad Sampson, Savannah Goldfields (ASX: SVG)
Discussion of Georgetown operations transitioning to steady state production, cash flow generation, Agate Creek as a key catalyst and broader asset optionality.
00:35:24 – Watch List Update
Updates to the hypothetical $10,000 portfolio, where performance above the initial investment is donated to charity by Cygnet Capital on a semi annual basis. This segment reviews portfolio changes, with positions adjusted based on evolving company developments and valuation frameworks.
00:35:26 – Somerset Minerals (ASX: SMM)
00:35:41 – Terra Metals (ASX: TM1)
00:36:51 – Ioneer Ltd (ASX: INR)
00:37:23 – Barton Gold (ASX: BGD)
00:38:13 – Carnaby Resources (ASX: CNB)
00:38:42 – Broken Hill Mines (ASX: BHM)
00:39:39 – Ballymore Resources (ASX: BMR)
00:40:15 – LinQ Minerals Ltd (ASX: LNQ)
00:40:28 – Aureka Limited (ASX: AKA), Savannah Goldfields (ASX: SVG) and Hamelin Gold (ASX: HMG)
00:40:40 – Brad’s Watch List
Key portfolio developments, valuation frameworks and upcoming catalysts across the watch list.
00:42:01 – Wrap-Up
Episode summary and closing remarks.
Recorded: 14 April, 2026
Connect with Cygnet Capital
Website: https://www.cygnetcapital.com.au
LinkedIn: https://www.linkedin.com/company/cygnet-capital
Disclaimer
Information discussed is general in nature and does not constitute personal or financial advice. Past performance is not indicative of future results. Please consider your objectives and circumstances and seek independent advice if required.
Cygnet Capital Pty Ltd | Authorised Representative of Cygnet Securities Australia Pty Ltd | AFSL 241095
Hosted on Acast. See acast.com/privacy for more information.
]]>Episode 15 explores the evolving macro backdrop following recent geopolitical developments, including divergence across commodities, continued strength in gold and copper and near term weakness in energy markets.
The discussion also includes a recap of the Adelaide Rising Stars Conference, Andrew’s deep dive into Central Petroleum and Beetaloo Energy Australia, a special guest segment with Brad Sampson, CEO of Savannah Goldfields, Big Hits highlighting key drilling results, Tigers With Spots focusing on undervalued opportunities with strong rerate potential and an update to the watch list.
In this episode:
00:00:00 – Introduction
Recap of last week’s episode, overview of key themes and introduction of special guest Brad Sampson of Savannah Goldfields.
00:04:03 – Commodity Overview
Energy markets repricing following recent geopolitical developments.
Gold and silver supported by rate expectations and currency movements.
Copper strength signalling ongoing structural demand.
Uranium remaining resilient as a strategic energy asset.
00:07:58 – Central Petroleum (ASX: CTP)
Overview of domestic gas positioning, contracted cash flows and near term production growth.
00:10:16 – Beetaloo Energy Australia (ASX: BTL)
Transition toward first gas, capital raising and pathway to production in 2026.
00:12:05 – David's Adelaide Rising Stars Conference Recap
Key takeaways and observations from the conference.
00:14:52 – Big Hits
Key drilling results and exploration updates across selected companies, highlighting standout intercepts and near term catalysts.
00:14:57 – PolarX (ASX: PXX)
High grade copper drilling extending mineralisation at depth.
00:16:37 – Flynn Gold (ASX: FG1)
Exceptional high grade silver and base metal results confirming historic continuity.
00:17:11 – OD6 Metals (ASX: OD6)
High grade fluorspar channel sampling validating scale and continuity.
00:18:23 – Tigers With Spots
Companies we believe are undervalued relative to their asset base and catalysts, with potential for significant rerating.
00:20:17 – Special Guest: Brad Sampson, Savannah Goldfields (ASX: SVG)
Discussion of Georgetown operations transitioning to steady state production, cash flow generation, Agate Creek as a key catalyst and broader asset optionality.
00:35:24 – Watch List Update
Updates to the hypothetical $10,000 portfolio, where performance above the initial investment is donated to charity by Cygnet Capital on a semi annual basis. This segment reviews portfolio changes, with positions adjusted based on evolving company developments and valuation frameworks.
00:35:26 – Somerset Minerals (ASX: SMM)
00:35:41 – Terra Metals (ASX: TM1)
00:36:51 – Ioneer Ltd (ASX: INR)
00:37:23 – Barton Gold (ASX: BGD)
00:38:13 – Carnaby Resources (ASX: CNB)
00:38:42 – Broken Hill Mines (ASX: BHM)
00:39:39 – Ballymore Resources (ASX: BMR)
00:40:15 – LinQ Minerals Ltd (ASX: LNQ)
00:40:28 – Aureka Limited (ASX: AKA), Savannah Goldfields (ASX: SVG) and Hamelin Gold (ASX: HMG)
00:40:40 – Brad’s Watch List
Key portfolio developments, valuation frameworks and upcoming catalysts across the watch list.
00:42:01 – Wrap-Up
Episode summary and closing remarks.
Recorded: 14 April, 2026
Connect with Cygnet Capital
Website: https://www.cygnetcapital.com.au
LinkedIn: https://www.linkedin.com/company/cygnet-capital
Disclaimer
Information discussed is general in nature and does not constitute personal or financial advice. Past performance is not indicative of future results. Please consider your objectives and circumstances and seek independent advice if required.
Cygnet Capital Pty Ltd | Authorised Representative of Cygnet Securities Australia Pty Ltd | AFSL 241095
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]]>Cygnet Capital Pty Ltd | Authorised Representative of Cygnet Securities Australia Pty Ltd | AFSL 241095.
Hosted on Acast. See acast.com/privacy for more information.
]]>Cygnet Capital Pty Ltd | Authorised Representative of Cygnet Securities Australia Pty Ltd | AFSL 241095.
Hosted on Acast. See acast.com/privacy for more information.
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]]>Episode 11 explores the shift toward a hard-asset-dominated environment driven by geopolitical change, fiscal and monetary instability, and long-term supply constraints. The discussion covers key commodity markets, Andrew’s stock overview, Cygnet portfolio stock reviews, Big Hits, Tigers With Spots and an update to the watch list...This episode covers:• The 2026 macro backdrop: deglobalisation, resource nationalism and monetary instability• Central banks, investment flows and the structural case for hard assets• Commodity update across gold, silver, copper, uranium, lithium, rare earths and tungsten• Andrew’s stock overview: Lumos Diagnostics (ASX: LDX)• Cygnet portfolio stock reviews• Big Hits: recent drilling and exploration results• Tigers With Spots: emerging opportunities• Watch list update and current portfolio positioningRecorded: 29 January, 2026Connect with Cygnet CapitalWebsite: https://www.cygnetcapital.com.auLinkedIn: https://www.linkedin.com/company/cygnet-capitalDisclaimerInformation discussed is general in nature and does not constitute personal or financial advice. Past performance is not indicative of future results. Please consider your objectives and circumstances and seek independent advice if required.Cygnet Capital Pty Ltd | Authorised Representative of Cygnet Securities Australia Pty Ltd | AFSL 241095.
Hosted on Acast. See acast.com/privacy for more information.
]]>Episode 11 explores the shift toward a hard-asset-dominated environment driven by geopolitical change, fiscal and monetary instability, and long-term supply constraints. The discussion covers key commodity markets, Andrew’s stock overview, Cygnet portfolio stock reviews, Big Hits, Tigers With Spots and an update to the watch list...This episode covers:• The 2026 macro backdrop: deglobalisation, resource nationalism and monetary instability• Central banks, investment flows and the structural case for hard assets• Commodity update across gold, silver, copper, uranium, lithium, rare earths and tungsten• Andrew’s stock overview: Lumos Diagnostics (ASX: LDX)• Cygnet portfolio stock reviews• Big Hits: recent drilling and exploration results• Tigers With Spots: emerging opportunities• Watch list update and current portfolio positioningRecorded: 29 January, 2026Connect with Cygnet CapitalWebsite: https://www.cygnetcapital.com.auLinkedIn: https://www.linkedin.com/company/cygnet-capitalDisclaimerInformation discussed is general in nature and does not constitute personal or financial advice. Past performance is not indicative of future results. Please consider your objectives and circumstances and seek independent advice if required.Cygnet Capital Pty Ltd | Authorised Representative of Cygnet Securities Australia Pty Ltd | AFSL 241095.
Hosted on Acast. See acast.com/privacy for more information.
]]>Hosted on Acast. See acast.com/privacy for more information.
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]]>Hosted on Acast. See acast.com/privacy for more information.
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]]>Each episode explores key market movements, high-conviction company updates and insights drawn from decades of combined experience across finance, markets and resources.
Hosted by Sienna Rosham joined by Jonathan Rosham, David McGlashan,and John Cathcart, the podcast provides grounded, research driven commentary to help investors stay informed and ahead of the curve.
Follow to stay updated and be the first to hear when episodes go live on Spotify.
General advice only. Cygnet Capital is an Authorised Representative of Cygnet Securities Pty Ltd, AFSL 241095.
Hosted on Acast. See acast.com/privacy for more information.
]]>Each episode explores key market movements, high-conviction company updates and insights drawn from decades of combined experience across finance, markets and resources.
Hosted by Sienna Rosham joined by Jonathan Rosham, David McGlashan,and John Cathcart, the podcast provides grounded, research driven commentary to help investors stay informed and ahead of the curve.
Follow to stay updated and be the first to hear when episodes go live on Spotify.
General advice only. Cygnet Capital is an Authorised Representative of Cygnet Securities Pty Ltd, AFSL 241095.
Hosted on Acast. See acast.com/privacy for more information.
]]>