Historical report — rating status at 12 October 2026. IIR’s ratings on Metrics Master Income Trust (ASX: MXT), Metrics Income Opportunities Trust (ASX: MOT) and Metrics Direct Income Fund (MDIF) are under review and the previous ratings are not reaffirmed. This page is retained for the record and does not state a current rating. Read the 12 October rating-status notice. …

Globe Metals and Mining Limited (ASX: GBE) is an Australian-listed, African-focused resource company. Its major project is the Kanyika Niobium Project in Malawi, where it plans to produce niobium and tantalum products for high-strength, low-alloy steel and electronic applications, including very fast charging lithium-ion batteries. Our valuation of the company as a whole, based on assumed prices of US$42/kg niobium …

Acurx Pharmaceuticals Inc. (NASDAQ: ACXP) (“Acurx” or the “Company”) is a clinical stage biopharmaceutical company developing a new class of antibiotics for infections caused by bacteria that have been classified as priority pathogens by the World Health Organization (WHO), US Centers for Disease Control and Prevention (CDC) and the FDA. In 4Q’2023, Acurx completed the Phase 2 trial for the …

We have updated our coverage of Bowen Coking Coal (ASX: BCB). The company has emerged as a Queensland, Australia based coking and thermal coal producer with a current capacity at its flagship Burton Complex operation of 2.75Mtpa raw coal and can expand to 5.5Mtpa raw coal at a very low cost. The response to the Climate Emergency is likely to …

We have updated our coverage of Walkabout Resources (ASX: WKT). The company has commenced commissioning and nearly completed development of its 84%-owned, high-margin Lindi Graphite Project, located in Southern Tanzania. First production for the 40,000 tpa graphite concentrate operation is expected in the first half of 2024, with the Project being fully funded, and with offtake agreements in place for …