To The Moon

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,869.10 on Friday, up 0.27% in the past 5 days.

1. $Capstone Copper Corp(CSC.AU)$ +10.70%

• Record-high copper prices exceeding US$6.30/lb due to geopolitical tensions and falling US dollar. Record FY2025 copper production of 224,764 tonnes, up 22% YoY from Mantoverde ramp-up.

• Strong sector momentum with ASX copper shares surging on supply tightness and renewable/AI demand, and positive market sentiment amid recurring supply disruptions and industrial demand growth.

2. $SANTOS LIMITED(STO.AU)$ +8.51%

• Strong Q4 2025 cash flow surge of ~US$380m, up 30% QoQ from higher production and sales volumes. Record full-year production guidance uplift to 101-111 mmboe for 2026, signaling growth momentum.

• Barossa LNG project ramping up to ~75% capacity with first cargoes loaded.

• Resilient operational performance and lower execution risk boosting investor confidence.

3. $ASX LTD(ASX.AU)$ +6.43%

• First-half revenue up 11.2% to A$602.8m with net profit growth >8% expected.

• Improved trading volumes and cost management driving positive market operator update, shares rallied sharply post-trading update, reflecting stronger-than-expected top-line results.

• Broker upgrades and target price increases (e.g., to $58) on resilient earnings outlook.

4. $WOODSIDE ENERGY GROUP LTD(WDS.AU)$ +5.36%

• Strong quarterly revenue resilience despite softer prices, with project pipeline advancing. Record full-year 2025 production of 198.8 MMboe, exceeding guidance of 192-197 MMboe.

• Rising global oil prices amid geopolitical tensions supporting energy sector rally.

• Positive analyst views on production strength and future cash flow durability.

5. $SOUTH32 LTD(S32.AU)$ +5.24%

• Manganese production jumped 58% driven by Australia and South Africa operations. Reaffirmed FY26 production guidance across key assets with strong manganese/alumina output.

• Shares hit multi-year highs on solid first-half performance and commodity tailwinds.

• Diversified mining strength amid broader resources sector rally and operational milestones.