To The Moon

As of the close on Friday,$S&P/ASX 200(XJO.AU)$ closed at 7,040.80 points, down 0.12% in the past 5 days. 1. $Bellevue Gold(BGL.AU)$ +10.65% The company achieved a significant milestone by commencing gold production at its Leinster mine in WA, coinciding with near-record gold prices at approximately $A3,040/oz ($US1,993/oz). The anticipated revaluation as the company transitions into steady-state production will generate substantial free cash flow. 2. $Genesis Minerals Ltd(GMD.AU)$ +9.71% $Dacian Gold Ltd(DCN.AU)$ will be delisted from the ASX next Monday as Genesis Minerals' takeover offer moves to compulsory acquisition. Genesis aimed to acquire the remaining 20% of Dacian shares. 3. $WHITEHAVEN COAL LTD(WHC.AU)$ +8.01% British hedge fund Bell Rock Capital Management's failed to meet disclosure standards during its activist campaign against the company. The Takeovers Panel found Bell Rock's inadequate disclosure of its investment in Whitehaven disrupted market efficiency and transparency for Whitehaven shares. 4. $PALADIN ENERGY LTD(PDN.AU)$ +6.70% Paladin operates uranium mines and recently reported a US$11 million loss for the last financial year ending June 30, 2023. Analysts predict the company will approach breakeven in 2024, projecting a shift from an expected loss in 2023 to a US$48 million profit in 2024. This forecast implies a rapid growth rate of approximately 39% year-on-year. 5. $AMP LIMITED(AMP.AU)$ +6.43% AMP shares surged following the announcement of a settlement agreement regarding a class action initiated on behalf of specific advice practices authorized by AMPFP in 2019. The settlement, amounting to $100 million, has been disclosed by AMP. However, the finalization, execution, and approval by the Federal Court are pending.