Menu

Recent Interviews

Humphrey Hale, CEO, Managing Geologist, Carnavale Resources Ltd.

Humphrey Hale
CEO, Managing Geologist | Carnavale Resources Ltd.
Level 2, Suite 9 389 Oxford Street, WA 6016 Mount Hawthorn (AUS)

info@carnavaleresources.com

Interview Carnavale Resources: Good cards for long-term success


Bill Guy, Chairman, Theta Gold Mines Limited

Bill Guy
Chairman | Theta Gold Mines Limited
Level 35 (ServCorp), Intl Tower One 100 Barangaroo Ave, 2000 NSW Australia (AUS)

info@thetagoldmines.com

+61 2 8046 7584

Interview Theta Gold Mines: This team has already brought 20 mines into production


David Mason, Managing Director, CEO, NewPeak Metals Ltd.

David Mason
Managing Director, CEO | NewPeak Metals Ltd.
Level 27, 111 Eagle Street, QLD 4000 Brisbane (AU)

info@newpeak.com.au

+61 7 3303 0650

Interview New Peak Metals: Many chances for great success


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
ISIN: CA68828L1004 , CA0679011084 , US69608A1088


Humphrey Hale, CEO, Managing Geologist, Carnavale Resources Ltd.
"[...] Our projects are at the initial, high reward exploration stage. [...]" Humphrey Hale, CEO, Managing Geologist, Carnavale Resources Ltd.

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:

23. June 2021 | 11:28 CET | by Carsten Mainitz

Standard Lithium, Osino Resources, Ballard Power - These stocks are going through the roof

  • Gold

When German investors think of Canadian stocks, two topics usually come to mind: commodities and cannabis. Many companies from these two sectors are headquartered in one of the Canadian cities of Montreal, Vancouver or Toronto. The Canadian stock market accounts for 5% of the world's stock market capitalization, while the country holds only 0.5% of the world's population. But there are also interesting investments outside the two sectors mentioned. So who makes the race?

Read

21. June 2021 | 14:19 CET | by Carsten Mainitz

Barrick Gold, NSJ Gold, First Majestic Silver- Buy and stay patient

  • Gold

In Gold we trust - is the name of a publication that has been published since 2007 and has become a benchmark for interested gold investors. The authors believe that gold and silver have an excellent chance to climb to higher prices at the end of the current year. For the end of the decade, the experts forecast at least a price of USD 4,800 per ounce of gold. Given such optimistic forecasts, we will look below at three shares that should benefit significantly from this.

Read

18. June 2021 | 14:39 CET | by André Will-Laudien

Carnival, TUI, Desert Gold - A total upswing or is it all over again?

  • Gold

It is probably one of the strangest travel waves since we could remember. For months we Germans could not leave our own country's borders without great effort; the ski season in 2020/21 fell victim to the COVID pandemic almost completely. Now we experience amazingly low incidences, which probably would have come even without lockdown...but let's take that as a given because some action had to be taken as public proof of action, after all. Now travel is possible again with good conditions for the vaccinated and a bit more cumbersome for recovered, healthy and non-vaccinated. Exciting to observe: How are the travel companies doing now?

Read