Cauldron Energy Limited

In the small end of town, Meteoric Resources, of course, was the frontrunner, up 44% on that bid.

Cauldron Energy did well as well, while the laggards in the small end of town included Fortify and American Rare Earths.

Alright, looking ahead to what we are getting tonight, the US initial jobless claims, US and EU manufacturing PMIs and earnings from Nike or Nike, however you say it.

And also policy cues coming from more Fed officials, including Barkin, Colin Schmid and Waller.

In the small end of town, these stocks did well, including Vison, which was up by 11%, and then we mentioned the, um, I guess board arrangement there with PIAS and Pancana for, uh, rising rather by almost nine percent.

The laggards included Finder, down seven percent, and Cauldron Energy bucking the overall upward trend in energy stocks.

Of course, tonight is all about the Fed, the FOMC rate decision.

Let's have a look.

Yeah, so this is a sort of funny one, and it follows some other news in the uranium space.

But essentially, Nationals leader Shane Love stood up in Parliament and said to Dan Pastorelli, the newly minted Mines Minister, why are we giving $200,000 to Cauldron Energy for its YANRI project when mining of uranium is banned in WA? Uh, so what that grant was given under was the exploration incentive scheme, essentially, you know, to, to help people explore WA, uh, It was put to Dan Pastorelli, is that contradicting or is it sort of signaling that maybe you're looking at changing legislation to do with uranium mining? Dan Pastorelli absolutely rejected both of those suggestions.

He said, look, the EIS is not to define purely mining projects.

It's also for us to gain a scientific understanding of how our state's geography is made up and also future generations if you know the day did come that WA lifted its ban on uranium mining.

Otherwise, Paladin, Deep Yellow, Bannerman.

If you're looking for something that's a little bit more interesting, Cauldron Energy, which is a Western Australian explorer.

That share price has got a bit of extra repression happening because mining is banned in Western Australia.

I was going to say, what do you mean by interesting?

Good day all.

My name is Jonathan Fisher, the CEO of a company called Cauldron Energy, listed on ASX under code CXU and on OTCQB is CAULS.

Cauldron is, I say, the most active uranium explorer in Australia at the moment.

We've got a huge project already with £55 million in JORC, which is ISR amenable.

Where have you been? What have you done?

Well, thanks, Matt.

Look, I obviously run a uranium company now, but I have a background in the broader industry and it's a bit unique and it provides me with some skills that I think I need to make your quarter a success.

So I used to work at Rothschild in London in the nuclear advisory team.