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Andrew Davidson, CEO, Royal Helium Limited

Andrew Davidson
CEO | Royal Helium Limited
224, 4th Avenue South, S7K 5M5 Saskatoon (CAN)

davidson@royalheliumltd.com

+1 (306) 281-9104

Royal Helium CEO Andrew Davidson on NASA, SpaceX and the path to dynamic growth


Craig Taylor, CEO, Defense Metals

Craig Taylor
CEO | Defense Metals
605-815 Hornby St., V6Z 1T9 Vancouver (CAN)

craig@defensemetals.com

+1 (778) 994 8072

Milestones, ESG as an USP and the new openness of policy toward rare earths outside China - Defense Metals provides backgrounds


Alex Kent, Managing Director, Aspermont Limited

Alex Kent
Managing Director | Aspermont Limited
613 - 619 Wellington Street, WA, 6000 Perth (AUS)

Corporate@aspermont.com

+61 8 6263 9100

Aspermont shows the success of digitalization - Alex Kent has an agenda


12. November 2020 | 11:33 CET

Barrick Gold, Palantir Technologies, Osino Resources: Take a deep breath!

  • Gold
Photo credits: pixabay.com

Small clearance sale! On wild vaccine Monday, the price of gold fell nearly USD 100 but has so far held at the critical support level of USD 1,850 after Pfizer and BioNTech announced a potential vaccine against the COVID-19 virus. Many investors hold gold and silver (also beaten by 7%) as crisis protection. This can go wrong in the short term - but in the long term, it is exciting.

"The virus may disappear, but that doesn't mean that economic growth will turn around on a cent," said Ole Hansen, Head of Commodity Strategy at Saxo Bank. "A lot of damage has been done that cannot be easily repaired or will take a long time to fix". That's just the way it is - COVID-19 changes a lot of things, especially the risk mentality of people. The economies have to go in new directions in 2021/22.

time to read: 4 minutes by André Will-Laudien


Jared Scharf, CEO, Desert Gold Ventures Inc.
"[...] Our SMSZ project is the largest contiguous land package of any exploration company in the region at 400km2 and overlays a 38km portion of the prolific Senegal Mali Shear Zone. [...]" Jared Scharf, CEO, Desert Gold Ventures Inc.

Full interview

 

Author

André Will-Laudien

Born in Munich, he first studied economics and graduated in business administration at the Ludwig-Maximilians-University in 1995. As he was involved with the stock market at a very early stage, he now has more than 30 years of experience in the capital markets.

About the author


Barrick Gold - winner in the crisis

Barrick Gold Corp. reported a net income of USD 882 million, or 50 cents per share, for the third quarter of 2020 compared to USD 2.3 billion, or USD 1.30 in the same quarter last year. Excluding non-recurring items, adjusted earnings per share were 41 cents, up 173% year-on-year. This figure also exceeded the consensus estimate of 32 cents. Barrick has mastered the COVID crisis very well.

Total gold production in the third quarter was approximately 1.16 million ounces, down 11.6% from the previous year. However, the average realized gold price is outstanding, which was USD 1,926 per ounce in the quarter, an increase of 30.5% year-on-year. The margin remained unchanged year-on-year at USD 1,065 per ounce, while costs continued to decline by 1.8% year-on-year to USD 966 per ounce.

Barrick operates one of the most profitable mines in the Democratic Republic of Congo (DRC), Kibali. In 2019, Barrick produced a total of 814,000 ounces of gold at "all-in sustaining costs (AISC)" of a staggering USD 693 per ounce! According to its statement, the Company has been looking for a successor to this world-class mine. A successor whose reserves are of course not inexhaustible. Barrick currently has a market capitalization of USD 46.1 billion and is a heavyweight in many commodity funds around the world.

Palantir Technologies - On the tracks of COVID

The IPO of Palantir Technologies Inc. was not launched under a lucky star. The shares were placed very favorably to the Company founders, and Friends and Family a few years ago, and were initially challenging to trade. However, the secretive data Company is technologically very much in demand. The German entrepreneur and venture capitalist, Peter Thiel, has a 29.8% stake in the Company and was long considered a supporter of Donald Trump. The stock exchange prospectus revealed that Palantir closed the past year with red figures of around USD 590 million - and in 2018 it was down by almost USD 600 million. Turnover in 2019 rose by a quarter to nearly USD 743 million.

Palantir specializes in data analysis and works a lot with security agencies and secret services, especially in the USA, one of the reasons why the Company keeps a low profile in terms of its business and its customers. With the Palantir software, governments want to gain a better understanding of the COVID pandemic. Sources reported to the Financial Times that so-called "test and trace officials" in the British government have been talking about using Palantir Foundry software to manage sensitive contact tracking data. The UK has more than 1 million confirmed coronavirus cases, and 47,340 people have died of the disease. The official goal is to gain a much deeper insight into how the virus spreads so that the government can act more quickly and accurately. As for data protection - this is something that is deliberately kept quiet.

Today, after hours, Palantir publishes its Q3 figures. Analysts expect the Company to report sales of USD 279 million and earnings per share of USD 0.03. For the full year, Palantir projected revenues of USD 1.05-1.06 billion, which is approximately 42% more than 2019, and with a market capitalization of USD 25.3 billion, this is a 25% factor on revenues. The valuation matches the Nasdaq - since the IPO on 30 September the share price has already increased by 50%.

Osino Resources - Gold not too scarce

Osino Resources Corp. is a Canadian explorer focused on the acquisition and development of gold projects in Namibia. The 23 exclusive prospecting licenses are located within the central and northern zones of the prospective Damara Gold Belt in Namibia, mainly near and along the strike of the producing Navachab and Otjikoto gold mines. Osino's focus in 2020 will be on advancing the exciting and new Twin Hills gold discovery and discoveries within the Karibib gold district. The goal is, of course, to sell at a good resource definition to the best bidding major, e.g., B2Gold. Similar projects in the past resulted in multiple factors of the original valuation in the case of a takeover.

Osino's core projects are conveniently located north and northwest of Namibia's capital, Windhoek. There they benefit considerably from Namibia's well-developed infrastructure with paved highways, modern railroads, and electricity and water in the immediate vicinity. Namibia can be described as mining-friendly and is praised as one of the most politically and socially stable jurisdictions on the continent. A good incentive for Osino to continue exploring new territory to consolidate its Namibian portfolio.

Osino's founders are experienced mining professionals with a solid track record in exploration and mine development. With good local relationships with government negotiators, a lot of positive things can be achieved. It could become an ideal takeover candidate for larger players in the gold business in one to three years if, by early next year, it becomes more apparent how large the deposits are. The speculative value has a capitalization of about CAD 135 million and tempts to buy. There are likely to be a few surprises here.


Author

André Will-Laudien

Born in Munich, he first studied economics and graduated in business administration at the Ludwig-Maximilians-University in 1995. As he was involved with the stock market at a very early stage, he now has more than 30 years of experience in the capital markets.

About the author



Conflict of interest & risk note

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold long or short positions in the aforementioned companies and that there may therefore be a conflict of interest. Apaton Finance GmbH may have a paid contractual relationship with the company, which is reported on in the context of the Apaton Finance GmbH Internet offer as well as in the social media, on partner sites or in e-mail messages. Further details can be found in our Conflict of Interest & Risk Disclosure.


Related comments:

04. March 2021 | 09:10 CET | by André Will-Laudien

SKRR Exploration, First Majestic, Lufthansa - These values take off!

  • Gold

Once again, a sell-off day for the precious metals! Often observed these days, in the morning, a stabilization of spot prices, US trade hardly sets in: Out with it! All supposed price gains are used on the other side of the Atlantic to sell short again. Yesterday, we started at USD 1,740 and ended up at the low of USD 1,702 - a minus of 2.2%. The strategy makes perfect sense in light of rising yields: Higher interest rates damage gold holdings - but they also indicate burgeoning inflation. And if this ghost continues to sail the halls, there will ultimately be a run on gold and silver. Only, as always, it's not the time yet, but it will not be long either!

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04. March 2021 | 08:56 CET | by Nico Popp

Yamana Gold, Triumph Gold, Barrick Gold: Profiting from market weakness

  • Gold

Inflation is the hot topic again. But inflation is far from being a threat. This is probably also why the gold price is currently suffering. The reason: interest rates could rise in the long term, making bonds more attractive again compared to interest-free gold. But the past has shown that gold can often even profit from inflation when inflation rates are very high - after all, the precious metal remains the world's oldest reserve currency. The gold sector companies have tomorrow's gold in the ground with valuations far below current gold prices and that offers opportunities. We present three stocks.

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01. March 2021 | 09:40 CET | by Stefan Feulner

Plug Power, Blackrock Gold, Barrick Gold - These are the brands that matter!

  • Gold

Commodities are exploding. Industrial metals such as copper are rushing from one multi-year high to the next. Due to the high metal demand of a low-carbon economy, the US investment house JP Morgan has already declared a new supercycle. Meanwhile, one commodity is correcting: Gold. Optimism about a substantial recovery of the global economy is growing, and uncertainties are decreasing. The correction is likely to continue in the short term, but the calls for the safe haven are getting louder again in the longer term.

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