In This Issue
Waratah Minerals could have the next big LFB Discovery
The Producer Price Index in the USA was announced to be much higher than expected last week, dampening expectations of an interest rate cut, but not extinguishing them. Chinese economic data was softer and this has strengthened the case for more stimulus from the government. Japanese economic growth has improved and maybe that is pointing to interest rate rises in that country. On top of these snippets we are also looking to see evidence of how tariff rises are affecting the economic numbers. The markets are watching while we try and discern trends.
Waratah Minerals (WTM) was one of the most talked about stocks at D&D in Kalgoorlie, running from 29.5c on 1 August to hit 76c last week. We might be a little late to the party, but it is worth while having a look this week as it may continue to attract attention - especially following the two tranche placement raising $30m 57.5c last week. This money will be wanting performance!
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