Cygnet Capital Podcast

About Cygnet Capital Podcast

The Cygnet Capital Finance Podcast delivers weekly insights on ASX markets, commodities, resources, and small-cap investments. Hosted by the Cygnet Capital team, each episode explores market trends, company developments, and investment strategies shaping Australia’s financial landscape. Hear concise, data-driven analysis and expert commentary designed for investors, analysts, and finance professionals seeking clarity in a fast-moving market. Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information.

Publisher

Cygnet Capital Pty Ltd

Category

business

Language

en

Explicit

No

First episode

27 Oct 2025

Latest episode

8 Oct 2026

Latest episodes

16 episodes in the feed.

1. 

   8 Oct 2026

   Cygnet Capital Podcast | Ep 23 | Major M&A Moves and Copper Discovery at Talisker with Somerset Minerals (ASX: SMM)

   This week on the Cygnet Capital Podcast, the team examines a quiet equity tape as US Treasury yields test ~5.3%–5.4%. We cover mega-cap resource M&A, an Armchair Analyst comparison of healthcare deal valuations, exploration results across West Africa and WA, and an interview with Somerset Minerals (ASX: SMM) MD Chris Hansen on their maiden copper-silver discovery at Talisker in Nunavut, Canada. Recorded: 6 October 2026. Market Context Global markets trade quietly as US 10-year Treasury yields test ~5.3%–5.4% and oil prices firm. Gold consolidates under US$4,200/oz after easing US$200, while COMEX copper holds firm near ~US$6.50/lb. Corporate M&A is the key driver: Gold Fields launched a ~A$40B takeover offer for Northern Star Resources (ASX: NST) (rejected over jurisdictional risk), while Lynas agreed to acquire Meteoric Resources for ~A$1B for Brazilian ionic clay endowment. Armchair Analyst Jason Segal compares healthcare M&A deal metrics: CSL (https://www.csl.com/) (ASX: CSL): Committed US$355M upfront (US$1.6B total deal value) for a Phase 2 kidney asset (FSGS), demonstrating big-pharma M&A premiums. Dimerix (https://dimerix.com/) (ASX: DXB): Phase 3 rare kidney disease developer (~A$140M MC) advancing ACTION for FSGS, which acquired a pre-Phase 2 asset for US$5M. Managing Director Interview Chris Hansen (MD) and Alex (Technical Lead) of Somerset Minerals (https://www.somersetminerals.com.au/) (ASX: SMM) discuss the Coppermine Project in Nunavut, Canada (>1,650 km² tenure covering >90% of Copper Creek basalts). Maiden RC drilling on the 17km Talisker corridor returned discovery hits TARC0003 (36.6m @ 1.62% Cu & 11.8 g/t Ag) and TARC0008 (38.1m @ 1.27% Cu & 7.4 g/t Ag), testing 2km of strike. Assays for 2 holes (~200m north) are pending. Non-core Ecuador assets are slated for sale to Lundin for US$5M (~A$7.5M), providing runway alongside permits for 100 holes and two 50-man camps. Company Reviews The team reviews recent drill results across four developers: True North Copper (https://truenorthcopper.com.au/)(ASX: TNC): Wallace North (~A$60M MC) returned 11m @ 4.23% Cu and 32m @ 1.69% Cu. PFS and maiden reserve due by year end. Aurum Resources (https://www.aurumres.com.au/)(ASX: AUE): Boundiali returned 28m @ 22.92 g/t Au and 17.95m @ 36.57 g/t Au. Brightstar Resources (https://brightstarresources.com.au/) (ASX: BTR): Sandstone (~A$700M MC) returned 305m @ 1.82 g/t Au at Two Mile Hill. Kalamazoo Resources (https://kzr.com.au/) (ASX: KZR): Ashburton returned 50m @ 4.9 g/t Au and 59m @ 3.2 g/t Au. MRE due Q4 2026, PFS Q1 2027. Big Hits High-grade exploration updates from TNC, AUE, BTR, and KZR as detailed above. Tigers with Spots Hawk Resources (ASX: HWK) (https://hawkresources.com.au/): Native title agreements secured for the Olympus Scandium project in WA, with copper assays pending at Cactus in Utah. Conference Watch LinQ Minerals (ASX: LNQ) and Kalamazoo (ASX: KZR) presenting at Australian Gold Conference (13–14 Oct) Island Pharmaceuticals (ASX: ILA) and Hawk (ASX: HWK) at Australian Microcap Conference (20–21 Oct) Ioneer (ASX: INR), Hawk (ASX: HWK), BOA Resources (ASX: BOA) and Brightstar (ASX: BTR) at IMARC (27-29 Oct, Sydney) Watch List Update Portfolio trades: Bought 20,000 shares in Dimerix (ASX: DXB) at ~23c and 20,000 shares in Island Pharmaceuticals (ASX: ILA) under 40c. Active hypothetical portfolio: 25k TM1 @ $0.345 2M SMM @ $0.012 1M SVG @ $0.009 25k LNQ @ $0.36 20k DXB @ $0.23 20k ILA @ $0.38. Watchlist updates: Ioneer (https://www.ioneer.com/) (ASX: INR) Carnaby (https://carnabyresources.com.au/) (ASX: CNB) Tetratherix (https://www.tetratherix.com/) (ASX: TTX) (FDA 510k response) Terra Metals (https://terrametals.com.au/)(ASX: TM1) Broken Hill Mines (https://brokenhillmines.com/) (ASX: BHM) Hamelin Gold (https://hamelingold.com.au/) (ASX: HMG) LinQ Minerals (https://linqminerals.com/) (ASX: LNQ) Ballymore (https://www.ballymoreresources.com/site/content/) (ASX: BMR) Savannah Goldfields (https://www.savannahgoldfields.com/) (ASX: SVG) Guest picks Previous Podcast Episodes (https://linktr.ee/CygnetCapitalPtyLtd) | Substack (https://substack.com/@cygnetcapitalptyltd) | Daily Market Updates (https://u47569797.ct.sendgrid.net/ls/click?upn=u001.NTAVHkSxd6e9Q-2B0yXZahmwk1qldcSCgYRoydsnK5kfm81SrjFDKBoeMBQh-2BK5LKTgP86W8A0enrA0pXMwCAmvw-3D-3DnKhL_sgLFtkOknmgpFNqcLs17EhlOan7UJ1Rpu0AzDVXnxLZniwKipZ1PRBmaTx-2FTV90gCL5HhzWkPh-2FBuUte91PjvLKYJGXOriDoHSd40eEbT1VFXZBaIJXV4oWTpqm-2Bd7tQNw56tMcH0E0LcuPzsNO2O1wl-2B8z-2BpIRqg5-2FNbPTIFtk-2BtWSi1xi6DVA-2Fgv9O2DX1RYYFWIQygH3tE6J02K84Eg-3D-3D) Cygnet Capital Pty Ltd is an Authorised Representative of Cygnet Securities Australia Pty Ltd AFSL 241095. The information discussed in this podcast is general in nature and does not constitute financial advice. Investors should conduct their own research and seek professional advice before making any investment decisions. Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information.

2. 

   1 Oct 2026

   Cygnet Capital Podcast | Ep 22 | Higher Rates, Hard Assets and the Copper Consolidation Drive

   This week on the Cygnet Capital Podcast, the team examines the rate environment as the Fed lifts rates under Chair Kevin Warsh. We cover precious metals and copper, an Armchair Analyst comparison of medtech vs drug regulatory pathways, a site visit review of Austral Resources (ASX: AR1), and an interview with BOA Resources (ASX: BOA) MD Graeme Purcell on their high-grade copper hits at Ricci Lee. Recorded: 29 September 2026. Market Context The Fed hiked rates 25bps to 3.75%–4.00% under Chair Kevin Warsh, pushing 10-year Treasury yields to ~5.2%. Gold consolidates at ~US$4,311/oz (~A$6,150/oz) and silver sits at ~US$65/oz, while Australian gold M&A stays active (Northern Star; Evolution acquiring Carnaby). Copper trades firm at ~US$6.71/lb on US tariffs and tight supply. Brent oil sits at ~US$105/bbl and uranium trades near ~US$89.5/lb. Armchair Analyst Jason Segal compares healthcare clinical and regulatory pathways: EchoIQ (https://echoiq.ai/) (ASX: EIQ): Medtech developer using AI echocardiography; FDA setback highlights regulatory strategy. Paradigm Biopharmaceuticals (https://paradigmbiopharma.com/) (ASX: PAR): Drug developer advancing Zilosul for knee OA; Phase 3 enrolment completed. Sector Updates: Telix (https://telixpharma.com/) (ASX: TLX) proposed a ~A$3.3B merger with ITM, Helius divested Agilex to TPG-backed Novotech for $150M, and Emyria (https://emyria.com/) (ASX: EMD) added Dr David Shulkin. Managing Director Interview Graeme Purcell, MD of BOA Resources (https://boaresources.com/) (ASX: BOA), discusses Neds Creek in WA. BOA is acquiring Sandfire's 51% interest plus Thaduna and Green Dragon (adding 5.3Mt @ 2.3% Cu for 121kt contained copper). Initial RC drilling at Ricci Lee returned high-grade copper in all six initial holes, including 14m @ 2.49% Cu from 122m (inc. 7m @ 4.60% Cu) and 15m @ 2.25% Cu from 130m. Company Reviews The team reviews Austral Resources (https://www.australres.com/) (ASX: AR1) following a Mt Isa site visit: Austral Resources (ASX: AR1): Dual-hub copper producer (~A$0.075/sh, ~A$199M MC, ~A$83M cash, no debt). Mt Kelly SX/EW Plant: Operating oxide plant (30ktpa capacity, producing ~8ktpa cathode). Rocklands Concentrator: 3Mtpa sulphide facility targeting expansion to 6Mtpa (~A$25M capex, late FY27 commissioning). Rated Speculative Accumulate. Big Hits High-grade exploration updates: Anax Metals (https://anaxmetals.com.au/) (ASX: ANX): Whim Creek returned 85.9m @ 2.89% CuEq from 34.6m; AGM notice lodged 24 September. Many Peaks Minerals (https://manypeaks.com.au/) (ASX: MPK): Ferké returned 116.0m @ 2.78 g/t Au from 524m; annual report lodged 22 September. Waratah Minerals (https://waratahminerals.com/) (ASX: WTM): Spur intersected 46m @ 7.27 g/t Au from 541m; deep drilling links Ironclad & Consols. PC Gold (https://pcgold.com.au/) (ASX: PC2): Spring Hill returned 29.65m @ 4.32 g/t Au from 332.35m; 386.8M shares on issue. Tigers with Spots BOA Resources (https://boaresources.com/)(ASX: BOA) graduated from Episode 21's Tiger feature to this episode's MD interview. Conference Watch Precious Metals Summit (Beaver Creek: BGD, TSO) Mining Forum Americas (Colorado Springs) Bio Calendar (BioJapan, AusBiotech: ILA, TTX, DXB). Watch List Update Portfolio updates across active names: Ioneer (https://www.ioneer.com/) (ASX: INR) Tetratherix (https://investors.tetratherix.com/) (ASX: TTX) Terra Metals (https://terrametals.com.au/)(ASX: TM1) Island Pharmaceuticals (https://islandpharmaceuticals.com/) (ASX: ILA) Broken Hill Mines (https://brokenhillmines.com/) (ASX: BHM) Rumble Resources (https://rumbleresources.com.au/)(ASX: RTR) Hamelin Gold (https://hamelingold.com.au/) (ASX: HMG) (raised $7.93M at $0.16) LinQ Minerals (https://linqminerals.com/) (ASX: LNQ) (AGM set for 17 Nov, $92.3M market cap) Ballymore Resources (https://www.ballymoreresources.com/site/content/) (ASX: BMR) (launched $4.7M raise via Cygnet) Savannah Goldfields (https://www.savannahgoldfields.com/)(ASX: SVG) (voluntary suspension pending financing & annual report, AGM 30 Nov) Hawk Resources (https://hawkresources.com.au/) (ASX: HWK) Somerset Minerals (https://somersetminerals.com.au/) (ASX: SMM) Previous Podcast Episodes (https://linktr.ee/CygnetCapitalPtyLtd) | Daily Market Updates (https://u47569797.ct.sendgrid.net/ls/click?upn=u001.NTAVHkSxd6e9Q-2B0yXZahmwk1qldcSCgYRoydsnK5kfm81SrjFDKBoeMBQh-2BK5LKTgP86W8A0enrA0pXMwCAmvw-3D-3DnKhL_sgLFtkOknmgpFNqcLs17EhlOan7UJ1Rpu0AzDVXnxLZniwKipZ1PRBmaTx-2FTV90gCL5HhzWkPh-2FBuUte91PjvLKYJGXOriDoHSd40eEbT1VFXZBaIJXV4oWTpqm-2Bd7tQNw56tMcH0E0LcuPzsNO2O1wl-2B8z-2BpIRqg5-2FNbPTIFtk-2BtWSi1xi6DVA-2Fgv9O2DX1RYYFWIQygH3tE6J02K84Eg-3D-3D) Cygnet Capital Pty Ltd is an Authorised Representative of Cygnet Securities Australia Pty Ltd AFSL 241095. The information discussed in this podcast is general in nature and does not constitute financial advice. Investors should conduct their own research and seek professional advice before making any investment decisions. Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information.

3. 

   27 Aug 2026

   Cygnet Capital Podcast | Ep 21 | Precious Metals Take Charge & the Porphyry Pursuit with Harry Donner (ASX: LNQ)

   This week on the Cygnet Capital Podcast, the team looks at the acceleration across precious metals, with gold and silver leading the commodities sector while copper remains near record highs. We also cover resource catalysts across the small and mid cap space, including an interview with LinQ Minerals on its central west New South Wales porphyry campaign. Recorded: 25 August 2026 Market Context Precious metals have returned to the forefront of market activity. Spot gold is approximately US$4,620/oz, or A$6,435/oz, following an 11% increase in August. Silver has moved above US$67/oz, up 20% month on month and 78% year on year. Copper is around US$6.55/lb on COMEX amid looming US refined copper tariffs, supply tightness in China plus demand from AI and grid infrastructure. Brent oil sits around US$95/bbl, uranium at US$88/lb while tin trades near record levels at US$55,500/t. The team also discusses Kevin Warsh's appointment as Federal Reserve Chair, rates remaining at 3.50% to 3.75% plus Australian gold M&A, including Elliott's 4% stake in Northern Star. Armchair Analyst Jason reviews multiple stocks, including Emyria Limited (ASX: EMD) Managing Director Interview We welcome Harry Donner, CEO and Executive Director of LinQ Minerals (ASX: LNQ), which is focused on its 100% owned Gilmore Gold Copper Project in central west New South Wales. The project spans 597km² across 40km of strike within the Macquarie Arc porphyry belt and hosts a JORC resource of 516Mt containing approximately 3.7Moz of gold and 1.2Mt of copper. Harry discusses recent drilling at Gidginbung Southern Zone, where GBRCD013 intersected 95m @ 2.14 g/t AuEq. At Monza Central, MZACD003 intersected 70.8m @ 1.11% CuEq from 71m. With three rigs operating plus an August capital raising underway, LinQ is preparing for updated resource estimates and a Southern Zone scoping study. Company Reviews David reviews three gold companies: • St Barbara (ASX: SBM): Approximately $0.66/share and $800m market cap, with $500m total liquidity and no debt. Simberi's sulphide expansion is planned to scale output beyond 200,000oz per year on a 100% basis, with St Barbara holding a 40% attributable share. • Tesoro Gold (ASX: TSO): Approximately $1.07/share and $192m market cap. Its 95.4% owned El Zorro project hosts the 1.82Moz Ternera resource at 1.1 g/t gold, with a DFS plus FID targeted for the end of 2026. • Larvotto Resources (ASX: LRV): Approximately $1.32/share and $685m market cap, progressing the Hillgrove gold antimony project near Armidale. Big Hits The team reviews recent exploration results from: • Solstice Minerals (ASX: SLS): 629.1m @ 0.50% Cu and 0.17 g/t Au from surface at Nanadie Well. • Lode Resources (ASX: LDR): 8.2Moz silver equivalent maiden resource at Montezuma plus a new adjacent silver zinc discovery. • Golden Horse Minerals (ASX: GHM): 12m @ 7.29 g/t Au at Hopes Hill. • Adavale Resources (ASX: ADD): 19m @ 4.0 g/t Au at Parkes, outside the current 107,000oz resource envelope. Tigers with Spots This week's Tiger with Spots is BOA Resources (ASX: BOA), which is consolidating the Neds Creek project in Western Australia's Murchison Copper Belt. BOA is acquiring the Thaduna and Green Dragon deposits from Sandfire, which hold a combined 5.3Mt @ 2.3% copper. A 15,000m drilling campaign is underway, with initial Ricci Lee assays expected in September 2026. Watch List Updates include Ioneer (ASX: INR), Carnaby Resources (ASX: CNB), Terra Metals (ASX: TM1), Broken Hill Mines (ASX: BHM), Rumble Resources (ASX: RTR), Hamelin Gold (ASX: HMG), Ballymore Resources (ASX: BMR), Savannah Goldfields (ASX: SVG) plus Somerset Minerals (ASX: SMM). Previous Podcast Episodes (https://linktr.ee/CygnetCapitalPtyLtd) | Daily Market Updates (https://u47569797.ct.sendgrid.net/ls/click?upn=u001.NTAVHkSxd6e9Q-2B0yXZahmwk1qldcSCgYRoydsnK5kfm81SrjFDKBoeMBQh-2BK5LKTgP86W8A0enrA0pXMwCAmvw-3D-3DnKhL_sgLFtkOknmgpFNqcLs17EhlOan7UJ1Rpu0AzDVXnxLZniwKipZ1PRBmaTx-2FTV90gCL5HhzWkPh-2FBuUte91PjvLKYJGXOriDoHSd40eEbT1VFXZBaIJXV4oWTpqm-2Bd7tQNw56tMcH0E0LcuPzsNO2O1wl-2B8z-2BpIRqg5-2FNbPTIFtk-2BtWSi1xi6DVA-2Fgv9O2DX1RYYFWIQygH3tE6J02K84Eg-3D-3D) Cygnet Capital Pty Ltd is an Authorised Representative of Cygnet Securities Australia Pty Ltd AFSL 241095. The information discussed in this podcast is general in nature and does not constitute financial advice. Investors should conduct their own research and seek professional advice before making any investment decisions. Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information.

4. 

   12 Aug 2026

   Cygnet Capital Podcast | Ep 20 | From Discovery to Development (ASX:RTR)

   This week on the Cygnet Capital Podcast, we return to the studio with a focus on commodities, biotech, resource development and recent company activity across the small-cap market. Episode 20 examines the strength across copper, gold and silver, the changing US interest rate backdrop, rare earth supply security plus continued investment across defence and AI infrastructure. We also discuss the importance of balance sheet quality, development visibility and project execution as resources continue to lead the Australian market. The episode also includes a biotech review of Dimerix (ASX: DXB), examining the company’s Phase 3 ACTION3 trial for DMX-200, completion of adult recruitment, existing regional licensing agreements plus the significance of the final Phase 3 efficacy readout. We are also joined by Peter Harold, Managing Director and CEO of Rumble Resources (ASX: RTR), to discuss the Western Queen gold-tungsten project. The conversation covers the newly identified 52.5koz high-grade zone at Western Queen Central grading approximately 11.3 g/t Au, the updated mine plan, permitting, dewatering, financing preparations plus the pathway towards mobilisation. David also reviews Ballymore Resources (ASX: BMR) following a recent site visit to the Torpy’s discovery in North Queensland, alongside Caspin Resources (ASX: CPN) following the Noosa Mining Conference. We also highlight recent drilling and exploration results from Somerset Minerals (ASX: SMM), Brightstar Resources (ASX: BTR), Middle Island Resources (ASX: MDI), White Cliff Minerals (ASX: WCN) and Hamelin Gold (ASX: HMG), alongside updates across the Watch List and portfolio positions. Rivers Race This episode also highlights a cause that is particularly meaningful to us at Cygnet Capital. Previous podcast guest Rob Watkins, Managing Director of Carnaby Resources, recently reached out to us about Rivers Race, a 5km charity run and walk being held along the Swan River in Mosman Park, Perth on 20 September. Rivers Race has been organised in loving memory of Rob’s son, River Watkins. In August last year, shortly before his eighth birthday, River was diagnosed with Diffuse Midline Glioma, also known as DMG or DIPG, an aggressive brain cancer with no effective treatment or cure. Tragically, River passed away less than three weeks after his diagnosis. River’s family has established Rivers Race to honour his life, raise awareness of DMG plus help change the outlook for other children and families faced with the disease. Funds raised through Rivers Race will go directly towards DMG cancer research through the Children’s Cancer Institute. Cygnet Capital will be donating to support Rivers Race. We also encourage anyone who would like to support River’s legacy to consider taking part in the 5km run or walk if they are Perth based, donating or simply sharing the event with others who may wish to contribute. Donate: https://www.ccia.org.au/event/river-watkins/donate (https://www.ccia.org.au/event/river-watkins/donate) Register for the Run / Walk: https://www.ccia.org.au/event/rivers-race-event/home (https://www.ccia.org.au/event/rivers-race-event/home) Recorded: 11 August 2026 Commodity Weekly Update Copper, gold and silver, US interest rates, Middle East risk, rare earths, defence spending and AI infrastructure. Armchair Analyst – Read by Jonathan Dimerix (ASX: DXB) (https://dimerix.com/) Managing Director Interview Rumble Resources (ASX: RTR) (https://rumbleresources.com.au/) Peter Harold, Managing Director and CEO Company Reviews Ballymore Resources (ASX: BMR) (https://www.ballymoreresources.com/site/content/) Caspin Resources (ASX: CPN) (https://www.caspin.com.au/) Big Hits Somerset Minerals (ASX: SMM) Brightstar Resources (ASX: BTR) Middle Island Resources (ASX: MDI) White Cliff Minerals (ASX: WCN) Hamelin Gold (ASX: HMG) Tigers with Spots Heavy Rare Earths (ASX: HRE) Watch List Update Ioneer Ltd (ASX: INR) Terra Metals (ASX: TM1) Barton Gold (ASX: BGD) Carnaby Resources (ASX: CNB) Broken Hill Mines (ASX: BHM) Somerset Minerals (ASX: SMM) Rumble Resources (ASX: RTR) Savannah Goldfields (ASX: SVG) BOA Resources (ASX: BOA) Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information.

5. 

   25 Jun 2026

   Cygnet Capital Podcast | Ep 19 | AI, Scarcity & the New Resource Cycle

   This week on the Cygnet Capital Podcast, we examine the growing importance of supply security, strategic minerals and capital allocation as governments and markets respond to an increasingly fragmented global economy. Episode 19 explores the recent sell-off in gold and silver, the implications of US Treasury refinancing requirements, rare earth supply chain localisation and the emerging divide between AI-driven productivity gains and resource-driven scarcity. We also discuss why critical minerals are increasingly being viewed as strategic assets supported by government policy, funding and industrial priorities. The episode also includes a review of Talius Group (ASX: TAL), examining its transition toward a healthcare technology platform focused on aged care digitisation, recurring revenue growth and AI-enabled care management. We also highlight recent drilling and exploration results from White Cliff Minerals (ASX: WCN), Kalamazoo Resources (ASX: KZR) and LinQ Minerals (ASX: LNQ), alongside updates across the Watch List and portfolio positions. Recorded: 23 June 2026 Commodity Weekly Update AI versus scarcity, gold and silver, rare earths, Treasury markets, strategic minerals and supply chain localisation. Company Review Talius Group (ASX: TAL) Big Hits White Cliff Minerals (ASX: WCN) Kalamazoo Resources (ASX: KZR) LinQ Minerals (ASX: LNQ) Watch List Update Bioxyne (ASX: BXN) Island Pharmaceuticals (ASX: ILA) Ioneer Ltd (ASX: INR) Ballymore Resources (ASX: BMR) Terra Metals (ASX: TM1) Barton Gold (ASX: BGD) Carnaby Resources (ASX: CNB) Broken Hill Mines (ASX: BHM) Savannah Goldfields (ASX: SVG) Previous Podcast Episodes (https://linktr.ee/CygnetCapitalPtyLtd) | Daily Market Updates (https://u47569797.ct.sendgrid.net/ls/click?upn=u001.NTAVHkSxd6e9Q-2B0yXZahmwk1qldcSCgYRoydsnK5kfm81SrjFDKBoeMBQh-2BK5LKTgP86W8A0enrA0pXMwCAmvw-3D-3DnKhL_sgLFtkOknmgpFNqcLs17EhlOan7UJ1Rpu0AzDVXnxLZniwKipZ1PRBmaTx-2FTV90gCL5HhzWkPh-2FBuUte91PjvLKYJGXOriDoHSd40eEbT1VFXZBaIJXV4oWTpqm-2Bd7tQNw56tMcH0E0LcuPzsNO2O1wl-2B8z-2BpIRqg5-2FNbPTIFtk-2BtWSi1xi6DVA-2Fgv9O2DX1RYYFWIQygH3tE6J02K84Eg-3D-3D) Cygnet Capital Pty Ltd is an Authorised Representative of Cygnet Securities Australia Pty Ltd AFSL 241095. The information discussed in this podcast is general in nature and does not constitute financial advice. Investors should conduct their own research and seek professional advice before making any investment decisions. Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information.

6. 

   29 May 2026

   Cygnet Podcast | Ep 18 | Critical Minerals, Tetratherix discussion & Guest Patrick Walta from Broken Hill Mines

   This week on the Cygnet Capital Podcast, we unpack the structural shifts shaping commodities, capital markets and resource investing, with a focus on critical minerals, supply security, artificial intelligence and emerging ASX opportunities. Episode 18 explores the growing divide between productivity-driven industries and resource-constrained sectors, examining how AI, government policy and strategic resource development are reshaping capital allocation. The discussion covers copper, rare earths and uranium as increasingly strategic assets, alongside the growing importance of localisation, downstream processing and supply chain security. The episode also includes an Armchair Analyst deep dive into TTX, exploring its biomaterial platform, commercialisation strategy, partnership model, regulatory pathways and valuation framework across dental, orthopaedic, oncology and nasal drug delivery applications. We’re also joined by Patrick Walta, Managing Director of Broken Hill Mines (ASX: BHM), discussing Pinnacles, the transition toward a hub-and-spoke operating model, production growth, silver exposure and the company’s long-term strategy within the Broken Hill district. Big Hits this week includes Ballymore Resources, Fin Resources, Stellar Resources and Black Canyon, while Tigers With Spots focuses on a newly funded copper-gold explorer with exposure to the Cactus Copper-Gold Project in Utah. Recorded: 26th of May Introduction Episode overview, market themes and podcast introduction. Commodity Weekly Update AI-driven productivity, resource-driven inflation, supply security, critical minerals, government policy and strategic resource positioning. Armchair Analyst TTX biomaterial platform, partnership strategy, regulatory catalysts, commercial opportunities, valuation framework and key risks. Special Guest: Patrick Walta, Broken Hill Mines (ASX: BHM) Pinnacles, production growth, hub-and-spoke strategy, silver exposure, underground opportunities and long-term growth plans. Big Hits Ballymore Resources (ASX: BMR) Fin Resources (ASX: FIN) Stellar Resources (ASX: SRZ) Black Canyon (ASX: BCA) Tigers With Spots Copper-gold exploration opportunity at the Cactus Copper-Gold Project. Watch List Update • Bioxyne (ASX: BXN) – $50M German supply agreement supporting European growth. • Island Pharmaceuticals (ASX: ILA) – strengthened biodefence and regulatory capability. • Ioneer (ASX: INR) – boron exposure supporting US critical mineral supply chains. • Terra Metals (ASX: TM1) – advancing the Dante PGM-copper-nickel discovery. • Barton Gold (ASX: BGD) – progressing its South Australian gold platform. • Carnaby Resources (ASX: CNB) – continuing resource growth at Greater Duchess. • Broken Hill Mines (ASX: BHM) – strong production growth and operational momentum. • Somerset Minerals (ASX: SMM) – district-scale copper opportunity at Coppermine. • Rumble Resources (ASX: RTR) – non-dilutive funding supporting Western Queen. • Savannah Goldfields (ASX: SVG) – funding package supporting Agate Creek restart. Previous Podcast Episodes | Daily Market Updates Cygnet Capital Pty Ltd is an Authorised Representative of Cygnet Securities Australia Pty Ltd AFSL 241095. The information discussed in this podcast is general in nature and does not constitute financial advice. Investors should conduct their own research and seek professional advice before making any investment decisions. Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information.

7. 

   22 May 2026

   Cygnet Capital Podcast | Ep 17 | Copper & Gold, ASX Small Cap Opportunities and Guest James Gurry from Aureka Gold

   This week on the Cygnet Capital Podcast, we unpack the latest movements across commodity markets, strategic resource themes and emerging ASX opportunities, with a focus on copper, gold, rare earths, defence and AI infrastructure. Episode 17 explores why this remains a selective, stock-picker’s market, where the strongest opportunities continue to sit in hard assets, strategic supply chains and policy-backed growth themes despite ongoing macro volatility and restrictive financial conditions. The episode also includes a deep dive into Aureka Limited (ASX: AKA), including the Irvine Project, Comstock production pathway and the company’s broader Victorian gold platform strategy with Managing Director James Gurry. We also discuss favourite ideas from RIU, review recent site visit observations, highlight standout drilling results from Carnaby Resources, Caprice Resources, Waratah Minerals and Sunshine Metals, plus update the Watch List and Tigers With Spots. Recorded: 19 May 2026 00:00 – Introduction Episode overview, market themes and podcast introduction. 01:04 – Commodity Weekly Update Selective markets, macro backdrop, copper outlook, gold equities, rare earths, defence and AI infrastructure. 02:42 – Topic of the Week RIU favourite ideas including LinQ Minerals, Mammoth Minerals, Sunshine Metals, Barton Gold and Sky Metals. 12:56 – Aureka Limited (https://aureka.com.au/) (ASX: AKA) Irvine Project, Comstock opportunity, drilling strategy and Victorian gold platform discussion with James Gurry. 22:20 – Big Hits Carnaby Resources (https://carnabyresources.com.au/) (ASX: CNB) Caprice Resources (https://www.capriceresources.com/) (ASX: CRS) Waratah Minerals (https://waratahminerals.com/) (ASX: WTM) Sunshine Metals (https://shnmetals.com.au/)(ASX: SHN) 27:14 – Tigers With Spots BOA Resources (https://boaresources.com/) (ASX: BOA) 30:43 – Watch List Update Terra Metals Limited (https://terrametals.com.au/) - emerging as a well-funded PGM-copper-nickel discovery story at Dante, supported by high-grade drilling, a growing 1.6Moz PGE3 resource and strong funding for continued expansion and development work through 2026. Somerset Minerals (https://somersetminerals.com.au/) - building a district-scale copper story at Coppermine, where strong drilling results, deep geophysical targets and multiple regional prospects support ongoing discovery and resource growth potential through 2026. Broken Hill Mines Limited (https://brokenhillmines.com/) - delivered a strong March quarter production increase at the Rasp mine, supported by higher throughput, mining lease extensions to 2047 and long-term processing agreements that strengthen its production growth outlook. Ioneer Ltd (https://www.ioneer.com/) - Ioneer’s Rhyolite Ridge project is positioned to support US critical mineral supply chains through boron production, with growing strategic relevance across defence and industrial applications alongside potential government-backed funding support. Barton Gold (https://bartongold.com.au/) - Barton Gold controls a large South Australian gold platform with significant resource scale, strategic infrastructure advantages and a staged pathway back toward production supported by higher-grade ore and development optionality. Carnaby Resources (https://carnabyresources.com.au/) - advancing as a copper-gold development story at Greater Duchess, where high-grade drilling continues to support resource growth, stronger project economics and increasing development scale. Rumble Resources Ltd (https://rumbleresources.com.au/) - Rumble Resources has secured non-dilutive funding to support Western Queen development activities, strengthening the balance sheet and advancing the project closer toward production. Savannah Goldfields (https://savannahgoldfields.com/) - strengthened its balance sheet through a funding package supporting the Agate Creek mining restart, exploration activity and broader production recovery plans in Far North Queensland. Previous Podcast Episodes (https://linktr.ee/CygnetCapitalPtyLtd) | Daily Market Updates (https://u47569797.ct.sendgrid.net/ls/click?upn=u001.NTAVHkSxd6e9Q-2B0yXZahmwk1qldcSCgYRoydsnK5kfm81SrjFDKBoeMBQh-2BK5LKTgP86W8A0enrA0pXMwCAmvw-3D-3DnKhL_sgLFtkOknmgpFNqcLs17EhlOan7UJ1Rpu0AzDVXnxLZniwKipZ1PRBmaTx-2FTV90gCL5HhzWkPh-2FBuUte91PjvLKYJGXOriDoHSd40eEbT1VFXZBaIJXV4oWTpqm-2Bd7tQNw56tMcH0E0LcuPzsNO2O1wl-2B8z-2BpIRqg5-2FNbPTIFtk-2BtWSi1xi6DVA-2Fgv9O2DX1RYYFWIQygH3tE6J02K84Eg-3D-3D) Cygnet Capital Pty Ltd is an Authorised Representative of Cygnet Securities Australia Pty Ltd AFSL 241095. The information discussed in this podcast is general in nature and does not constitute financial advice. Investors should conduct their own research and seek professional advice before making any investment decisions. Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information.

8. 

   1 May 2026

   Cygnet Capital Podcast | Ep 16 | Entropy Neurodynamics, Lode Resources & Guest Dr James Garner, Percheron Therapeutics

   This week on the Cygnet Capital Podcast, we unpack the latest movements across commodity markets, with a focus on the Australia–US critical minerals deal, policy driven shifts and evolving sector dynamics across the ASX. Episode 16 explores the shift from geopolitics back to policy and earnings, strength across lithium, uranium and copper, and easing pressure in energy markets. The episode's discussion also includes Andrew's deep dive into Entropy Neurodynamics; a special guest segment with Dr James Garner, CEO of Percheron Therapeutics; Big Hits highlighting key drilling results from FIN Resources, Hawk Resources and Argent Minerals; Tigers With Spots focusing on an undervalued opportunity with strong rerate potential, Lode Resources; and an update to the Watchlist. Recorded: 28th April, 2026 Introduction Recap of last week’s episode, overview of key themes and introduction of special guest Dr James Garner from Percheron Therapeutics. Commodity Overview Policy, earnings and the Australia–US critical minerals deal. Strength across lithium, uranium and copper. Energy markets easing as oil risk premium unwinds. Entropy Neurodynamics Overview of Entropy Neurodynamics, its IV psilocin platform, clinical strategy and key upcoming catalysts. Special Guest: Dr James Garner, Percheron Therapeutics Discussion of recent data, Phase 2 progression and key milestones ahead. Big Hits Key drilling results and exploration updates across selected companies, highlighting standout intercepts and near term catalysts. FIN Resources (ASX: FIN) Sulphide hosted gold system drilling at Cabin Lake confirming scale and continuity ahead of assays. Hawk Resources (ASX: HWK) Shallow, high grade copper mineralisation at the Cactus Project with strong continuity across a 1km corridor. Argent Minerals (ASX: ARD) Broad polymetallic intercepts at Kempfield extending mineralisation at depth, with gold rich zones emerging as a secondary upside driver. Tigers With Spots Companies we believe are undervalued relative to their asset base and catalysts, with potential for significant rerating. This episode, we highlight Lode Resources, a development stage asset with exposure to silver, antimony, tin and strategic critical minerals. Watch List Update Updates to the hypothetical $10,000 portfolio, where performance above the initial investment is donated to charity by Cygnet Capital on a semi-annual basis. This segment reviews portfolio changes, with positions adjusted based on evolving company developments and valuation frameworks. Wrap-Up Episode summary and closing remarks. Connect with Cygnet Capital Website: https://www.cygnetcapital.com.au (https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbXVNZ0lyTU92ejdYenZjeUtXN0szR3Z4UzRIUXxBQ3Jtc0tueGVXTzFnUFNEN2hDTnJBV3BReDYyZHhnVXBVUHBieW5rSzFWU0ZsZUI1a29Mb2VKbm5sZ1N0WHdNTzhvUDFXZ25oYlpPczY3dlJaM0ZscFhFU1FKeUk1WEgzUWQ0SzBqR1RXb01qMU1NQ0pEQWt2cw&q=https%3A%2F%2Fwww.cygnetcapital.com.au%2F&v=oP_Mo4APeMU) LinkedIn: / cygnet-capital (https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbVNiakFZY3Voa3FnQVhpekliQjVLd284UkdEZ3xBQ3Jtc0tuRHJ2Q2p6SUYzeVRNbEpzVkdKM1NWbGJLbk4xUnNjb1JtU1F3aUd6MlVmcE9ST3A2VXVETG9PTUJPU0lMeXpZRlF2djdrTFdicEh4XzNZTXRMQXd6ZUNoRUEwdGFfdmFIaFl3VmZFQnY5X194SG9PQQ&q=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcygnet-capital&v=oP_Mo4APeMU) Disclaimer Information discussed is general in nature and does not constitute personal or financial advice. Past performance is not indicative of future results. Please consider your objectives and circumstances and seek independent advice if required. Cygnet Capital Pty Ltd | Authorised Representative of Cygnet Securities Australia Pty Ltd | AFSL 241095. Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information.

9. 

   24 Apr 2026

   Ep 15 | Energy Volatility, Rising Stars Conference Recap & Guest Brad Sampson (Savannah Goldfields)

   This week on the Cygnet Capital Podcast, we unpack the latest movements across commodity markets, with a focus on energy volatility, precious metals strength and shifting sector dynamics across the ASX. Episode 15 explores the evolving macro backdrop following recent geopolitical developments, including divergence across commodities, continued strength in gold and copper and near term weakness in energy markets. The discussion also includes a recap of the Adelaide Rising Stars Conference, Andrew’s deep dive into Central Petroleum and Beetaloo Energy Australia, a special guest segment with Brad Sampson, CEO of Savannah Goldfields, Big Hits highlighting key drilling results, Tigers With Spots focusing on undervalued opportunities with strong rerate potential and an update to the watch list. In this episode: 00:00:00 – Introduction Recap of last week’s episode, overview of key themes and introduction of special guest Brad Sampson of Savannah Goldfields. 00:04:03 – Commodity Overview Energy markets repricing following recent geopolitical developments. Gold and silver supported by rate expectations and currency movements. Copper strength signalling ongoing structural demand. Uranium remaining resilient as a strategic energy asset. 00:07:58 – Central Petroleum (ASX: CTP) Overview of domestic gas positioning, contracted cash flows and near term production growth. 00:10:16 – Beetaloo Energy Australia (ASX: BTL) Transition toward first gas, capital raising and pathway to production in 2026. 00:12:05 – David's Adelaide Rising Stars Conference Recap Key takeaways and observations from the conference. 00:14:52 – Big Hits Key drilling results and exploration updates across selected companies, highlighting standout intercepts and near term catalysts. 00:14:57 – PolarX (ASX: PXX) High grade copper drilling extending mineralisation at depth. 00:16:37 – Flynn Gold (ASX: FG1) Exceptional high grade silver and base metal results confirming historic continuity. 00:17:11 – OD6 Metals (ASX: OD6) High grade fluorspar channel sampling validating scale and continuity. 00:18:23 – Tigers With Spots Companies we believe are undervalued relative to their asset base and catalysts, with potential for significant rerating. 00:20:17 – Special Guest: Brad Sampson, Savannah Goldfields (ASX: SVG) Discussion of Georgetown operations transitioning to steady state production, cash flow generation, Agate Creek as a key catalyst and broader asset optionality. 00:35:24 – Watch List Update Updates to the hypothetical $10,000 portfolio, where performance above the initial investment is donated to charity by Cygnet Capital on a semi annual basis. This segment reviews portfolio changes, with positions adjusted based on evolving company developments and valuation frameworks. 00:35:26 – Somerset Minerals (ASX: SMM) 00:35:41 – Terra Metals (ASX: TM1) 00:36:51 – Ioneer Ltd (ASX: INR) 00:37:23 – Barton Gold (ASX: BGD) 00:38:13 – Carnaby Resources (ASX: CNB) 00:38:42 – Broken Hill Mines (ASX: BHM) 00:39:39 – Ballymore Resources (ASX: BMR) 00:40:15 – LinQ Minerals Ltd (ASX: LNQ) 00:40:28 – Aureka Limited (ASX: AKA), Savannah Goldfields (ASX: SVG) and Hamelin Gold (ASX: HMG) 00:40:40 – Brad’s Watch List Key portfolio developments, valuation frameworks and upcoming catalysts across the watch list. 00:42:01 – Wrap-Up Episode summary and closing remarks. Recorded: 14 April, 2026 Connect with Cygnet Capital Website: https://www.cygnetcapital.com.au (https://www.cygnetcapital.com.au) LinkedIn: https://www.linkedin.com/company/cygnet-capital (https://www.linkedin.com/company/cygnet-capital) Disclaimer Information discussed is general in nature and does not constitute personal or financial advice. Past performance is not indicative of future results. Please consider your objectives and circumstances and seek independent advice if required. Cygnet Capital Pty Ltd | Authorised Representative of Cygnet Securities Australia Pty Ltd | AFSL 241095 Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information.

10. 

    6 Apr 2026

    Cygnet Capital Podcast | Ep 14 | Commodities, Bioyne Overveiw and Guest Rob Watkins from Carnaby Resources

    This week on the Cygnet Capital Podcast, the team unpacks the key macro and commodity themes shaping markets, from energy security and gold to copper, silver and lithium.We are also joined by Rob Watkins from Carnaby Resources to discuss the Greater Duchess Project, recent high grade drilling results and the company’s pathway toward first copper-gold production in the second half of 2026.Timestamps00:01:33 Introduction and Commodity Update00:09:46 Rob Watkins, Carnaby Resources00:20:22 Bioxyne Limited00:25:33 Big Hits 00:25:39 Aureka Limited00:27:57 Patagonia Lithium00:30:40 Great Boulder Resources00:32:16 Tigers With Spots - HRE00:35:52 Watch List00:36:09 New Charity00:37:12 Watch List Portfolio00:41:37 Wrap UpIn this episode we cover:• Macro and commodities, including energy security, gold, silver, copper, lithium and the implications of escalating geopolitical risk• Bioxyne Limited (ASX: BXN) and its growing GMP pharmaceutical manufacturing platform across medicinal cannabis, psilocybin and MDMA• Carnaby Resources (ASX: CNB) with Rob Watkins, including Greater Duchess, recent Trek 1 drilling and the pathway toward first production• Big Hits across Aureka Limited (ASX: AKA), Patagonia Lithium (ASX: PL3) and Great Boulder Resources (ASX: GBR)• Tigers With Spots featuring Heavy Rare Earths Ltd (ASX: HRE)• Watch list updates and the announcement of the McGrath Foundation as the next charity supported through the podcastRecorded: 31 March, 2026Connect with Cygnet CapitalWebsite: https://www.cygnetcapital.com.auLinkedIn: https://www.linkedin.com/company/cygnet-capitalDisclaimerInformation discussed is general in nature and does not constitute personal or financial advice. Past performance is not indicative of future results. Please consider your objectives and circumstances and seek independent advice if required.Cygnet Capital Pty Ltd | Authorised Representative of Cygnet Securities Australia Pty Ltd | AFSL 241095. Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information.

11. 

    20 Mar 2026

    Cygnet Capital Podcast | Ep 13 | Gold Strength, Australis Energy and Gas Discussion and Special Guest Peter Bewick, Hamelin Gold

    This week on the Cygnet Capital Podcast, we unpack the latest movements across gold, silver, copper and energy markets, alongside the macro forces shaping the resources sector.Episode 13 explores the strength in the gold price environment and its impact on junior explorers, macro driven weakness in silver and copper, and escalating energy market pressures linked to geopolitical disruption. The discussion also includes an Australis Oil and Energy deep dive, a special guest segment with Peter Bewick, Managing Director of Hamelin Gold, Big Hits, Tigers With Spots and an update to the watch list.In this episode:00:00:00 – IntroductionRecap of last week’s episode, watch list and charity updates, and introduction of special guest Peter Bewick of Hamelin Gold.00:01:29 – Commodity OverviewGold price strength supporting junior explorers and discovery leverage.Silver and copper weakness driven by macro conditions and US dollar strength.Energy market disruption linked to Strait of Hormuz supply risks and inflation expectations.00:07:29 – Australis Oil and Energy DiscussionOverview of the company, positioning within the current energy market and key thematic drivers.00:12:22 – Special Guest: Peter Bewick, Hamelin GoldDiscussion of Day Dawn and Venus projects, high grade drilling results, structural upside and upcoming catalysts.00:30:34 – Big HitsKey drilling results and exploration updates across selected companies, highlighting standout intercepts and near term catalysts.LSR (ASX: LSR), TechGen Metals (ASX: TG1) and Australian Mines (ASX: AUZ) drilling updates, assays and key catalysts.00:33:11 – Tigers With SpotsCompanies we believe are undervalued relative to their asset base and catalysts, with potential for significant rerating.Savannah Goldfields (ASX: SVG) and Tempest Minerals (ASX: TEM) operational updates and valuation drivers.00:41:40 – Watch List UpdateUpdates to the hypothetical $10,000 portfolio, where performance above the initial investment is donated to charity by Cygnet Capital on a semi annual basis. This segment reviews hypothetical portfolio changes, with positions added and removed based on evolving company developments and valuation frameworks.Portfolio Watch List after Ep13 includes Terra Metals (TM1), Somerset Minerals (SMM), Ioneer Ltd (INR), Carnaby Resources Limited (CNB), Broken Hill Mines (BHM), Ballymore Resources (BMR), LinQ Minerals Ltd (LNQ) and Aureka Limited (AKA), alongside recent capital activity and upcoming catalysts.00:45:00 – Wrap-UpEpisode summary and closing remarks.Recorded: 17 March, 2026Connect with Cygnet CapitalWebsite: https://www.cygnetcapital.com.auLinkedIn: https://www.linkedin.com/company/cygnet-capitalDisclaimerInformation discussed is general in nature and does not constitute personal or financial advice. Past performance is not indicative of future results. Please consider your objectives and circumstances and seek independent advice if required. Cygnet Capital Pty Ltd | Authorised Representative of Cygnet Securities Australia Pty Ltd | AFSL 241095. Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information.

12. 

    3 Mar 2026

    Cygnet Capital Podcast | Ep 12 | Materials Crisis, Percheron Deep Dive & Special Guest Thomas Line from Terra Metals

    This week on the Cygnet Capital Podcast, we examine the accelerating global materials crisis and the structural choke points emerging across critical metals supply chains.Episode 12 explores China’s refining dominance, the growing industrial role of gold and silver, copper’s exposure to AI and energy infrastructure build-outs, and the strategic importance of defence metals including gallium and scandium. The discussion also includes a deep dive into Percheron (ASX: PER), a special guest segment with Thomas Line CEO and Managing Director of Terra Metals, Big Hits, Tigers With Spots and an update to the watch list.In this episode:00:00:00 – IntroductionRecap of last week’s episode, watch list and charity updates, and introduction of special guest Thomas Line of Terra Metals.00:02:11 – Commodity Weekly UpdateChina’s refining dominance across critical materials.Gold as an emerging industrial metal.Structural silver deficits.Copper intensity across AI and energy infrastructure.Palladium trade developments.Defence metals including gallium and scandium.00:09:02 – Special Guest: Thomas Line, Terra MetalsDiscussion of the titanium–vanadium–gallium discovery at SW3–SW4 within the Dante Project and upcoming catalysts.00:21:53 – Big HitsPC Gold (ASX: PC2) and LNQ drilling results and capital developments.00:25:32 – Tigers With SpotsHamelin Gold (ASX: HMG) with a focus on Day Dawn and Venus.00:32:55 – Watch List UpdatePortfolio changes including the sale of BMR, purchase of TM1 and selected capital raise updates.00:37:12 – Wrap-UpEpisode summary and closing remarks.Recorded: 26 February, 2026Connect with Cygnet CapitalWebsite: https://www.cygnetcapital.com.auLinkedIn: https://www.linkedin.com/company/cygnet-capitalDisclaimerInformation discussed is general in nature and does not constitute personal or financial advice. Past performance is not indicative of future results. Please consider your objectives and circumstances and seek independent advice if required.Cygnet Capital Pty Ltd | Authorised Representative of Cygnet Securities Australia Pty Ltd | AFSL 241095. Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information.

13. 

    4 Feb 2026

    Cygnet Capital Podcast | Ep 11 | 2026 Macro Setup, Commodities Focus & Stock Reviews

    This week on the Cygnet Capital Podcast, we step back into the macro setup for 2026 and outline our specific commodity focus for the year ahead. Episode 11 explores the shift toward a hard-asset-dominated environment driven by geopolitical change, fiscal and monetary instability, and long-term supply constraints. The discussion covers key commodity markets, Andrew’s stock overview, Cygnet portfolio stock reviews, Big Hits, Tigers With Spots and an update to the watch list...This episode covers:• The 2026 macro backdrop: deglobalisation, resource nationalism and monetary instability• Central banks, investment flows and the structural case for hard assets• Commodity update across gold, silver, copper, uranium, lithium, rare earths and tungsten• Andrew’s stock overview: Lumos Diagnostics (ASX: LDX)• Cygnet portfolio stock reviews• Big Hits: recent drilling and exploration results• Tigers With Spots: emerging opportunities• Watch list update and current portfolio positioningRecorded: 29 January, 2026Connect with Cygnet CapitalWebsite: https://www.cygnetcapital.com.auLinkedIn: https://www.linkedin.com/company/cygnet-capitalDisclaimerInformation discussed is general in nature and does not constitute personal or financial advice. Past performance is not indicative of future results. Please consider your objectives and circumstances and seek independent advice if required.Cygnet Capital Pty Ltd | Authorised Representative of Cygnet Securities Australia Pty Ltd | AFSL 241095. Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information.

14. 

    24 Jan 2026

    Cygnet Capital Podcast | Ep 10 | 2026 Outlook, Commodities Reset & Portfolio Positioning

    This week on the Cygnet Capital Podcast, we open the year with a comprehensive review of market positioning, key commodity themes and our outlook for 2026.Episode 10 focuses on how we are thinking about macro conditions, policy-driven liquidity and structural demand across commodities as we move into the new year. The discussion covers precious metals, base metals, energy, uranium and lithium, alongside a review of several core positions, recent drilling results and current portfolio positioning.This episode covers:• Start-of-year market reset and outlook• Gold, silver, copper, uranium, lithium and energy market commentary• Cygnet’s key themes for 2026 and strategic positioning• Big Hits: notable ASX exploration and drilling results• Tigers With Spots: emerging opportunities• Watchlist and portfolio updateChapters30:54 – Big Hits33:27 – Tigers With Spots34:10 – WatchlistRecorded: 15 January 2026Connect with Cygnet CapitalWebsite: https://www.cygnetcapital.com.auLinkedIn: https://www.linkedin.com/company/cygnet-capitalDisclaimerInformation discussed is general in nature and does not constitute personal or financial advice. Past performance is not indicative of future results. Please consider your objectives and circumstances and seek independent advice if required.Cygnet Capital Pty Ltd | Authorised Representative of Cygnet Securities Australia Pty Ltd | AFSL 241095. Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information.

15. 

    4 Dec 2025

    Cygnet Capital Podcast | Ep 9 | Commodities Outlook, Governance & Critical Minerals

    In Episode 9 of the Cygnet Capital Podcast, Jonathan Rosham, John Cathcart, Andrew Mouchacca and David McGlashan discuss the week’s major themes across commodities and the ASX small-cap space. They unpack gold consolidation, governance failures in DroneShield (ASX:DRO), and fresh developments in copper, rare earths and critical minerals.This episode covers:• Commodities overview — Gold, silver, copper, uranium, lithium and energy movements and macro drivers.• Market discussion — Fed pivot, China stimulus and structural growth themes across AI, defence and future-facing commodities.• Governance in focus — DroneShield (ASX:DRO): insider sales, ASX review and leadership instability.• Analyst segment — Andrew Mouchacca on EROAD (ASX/NZX:ERD): ANZ policy tailwinds and SaaS growth outlook.• Exploration highlights — New Frontier Minerals (ASX:NFM) and Rapid Critical Metals (ASX:RCM).• Big Hits — True North Copper (TNC), Sunshine Metals (SHN), Caprice Resources (CRS), and Horseshoe Metals (HOR).• Tigers With Spots — Hamelin Gold (HMG) and Tempest Minerals (TEM).Recorded on 27 November 2025Connect with Cygnet CapitalWebsite: https://www.cygnetcapital.com.auLinkedIn: https://www.linkedin.com/company/cygnet-capitalDisclaimerThis update provides a factual summary of commodity movements, company activity and sector developments based on publicly available information. It is intended solely for informational purposes and does not constitute financial advice.Cygnet Capital Pty Ltd | AFSL 241095. Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information.

16. 

    27 Oct 2025

    Introduction to the Cygnet Capital Podcast

    Welcome to the Cygnet Capital Podcast, a weekly discussion for sophisticated and wholesale investors navigating the ASX and broader financial markets. Each episode explores key market movements, high-conviction company updates and insights drawn from decades of combined experience across finance, markets and resources. Hosted by Sienna Rosham joined by Jonathan Rosham, David McGlashan,and John Cathcart, the podcast provides grounded, research driven commentary to help investors stay informed and ahead of the curve. Follow to stay updated and be the first to hear when episodes go live on Spotify. General advice only. Cygnet Capital is an Authorised Representative of Cygnet Securities Pty Ltd, AFSL 241095. Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information.

Contact Cygnet Capital Podcast

Guest appearances

Books guests

Based on episode analysis; this does not confirm that the show is currently accepting guests.