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Debt recovery rarely gets framed as a story of dignity, data, and disciplined growth—until you hear how Keith John runs Pioneer Credit. We sit down with the Managing Director to unpack a model that buys non‑performing loans from Australia’s big four banks, restores customer health through sustainable repayment plans, and turns empathy into durable cashflows.

Keith explains why banks prefer a partner that won’t extend the credit cycle or dabble in payday lending, and how that stance protects brands while securing steady forward flow agreements. We dig into the numbers: investing around $80 million at roughly 18–19 cents in the dollar, generating strong free cashflow, and driving down the cost of funds through real performance. A 315 bps margin cut on medium‑term notes and sharper pricing on a $272 million senior facility now at 435 bps over BBSW say as much about lender confidence as any earnings performance.

The heart of the advantage is operational. ESG metrics tied to customer outcomes triggered a further margin reduction sooner than expected, proving that fewer complaints and better arrangements are not just good ethics—they’re good economics. Data‑led segmentation improves cure rates, while cost to serve has fallen to around 32%, among the best globally. With newer vintages forecast to outperform older ones thanks to improved purchase dynamics and analytics, Pioneer is building a compounding flywheel: better outcomes lower funding costs, cheaper funding fuels selective portfolio growth, and efficiency expands margins.

We also tackle the macro picture. The key risk to watch is a sharp rise in unemployment, but current forecasts remain steady. Execution, not macro luck, will decide the next leg: disciplined purchasing, continued ESG delivery, and maintaining bank and lender trust. If you care about how ethical finance, strong data, and disciplined capital allocation can co‑exist—and outperform—this conversation offers a rare, clear playbook for sustainable returns in the Australian financial services market.

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A sprawling land package is only as valuable as the strategy behind it—and that’s where this conversation with James Wilson, CEO of Alchemy Resources, gets exciting. We dig into a data-led approach that targets big growth levers across WA and NSW: a standout 750-metre IP anomaly at Yellow Mountain, funded lithium drilling at Roe Hills beside the Manna project, and a de-risked iron ore path through a free-carried JV at Valley Bore.

We start with the portfolio: gold remains centre stage in the eastern goldfields near Kalgoorlie, where access and proximity to producing neighbours create practical advantages. From there, we unpack Yellow Mountain’s momentum—first-pass drilling returned 113 metres at 1.17% copper equivalent, and high-powered, 3D IP has now mapped three compelling targets, including a never-drilled eastern body that could represent the system’s heat source. James explains how modern assays and structural mapping tighten vectors that old imperial grids simply couldn’t resolve, and why careful fieldwork now will determine whether the area hosts one segmented system or two distinct domains.

Next, we turn to smart capital: iron ore is all about logistics, so Alchemy partnered with Newcam, an active miner with ports, storage, and customers in place. The 40% free-carried structure to decision to mine keeps upside alive while containing risk, and if the option is exercised, it could accelerate timelines on an existing mining lease. On lithium, Roe Hills benefits from aggressive JOGMEC funding, outcropping pegmatites, and clear LCT pathfinders, with a nine-hole RC program now chasing the right structural and thermal window near Global Lithium’s advancing Manna project.

We close with a crisp set of 2026 catalysts: drilling the large Yellow Mountain IP target to validate sulphides at scale, a possible option exercise at Valley Bore that would inject capital and operational muscle, and JV-driven news from Roe Hills and Briar alongside steady gold exploration near Carosue Dam. The through-line is deliberate: de-risk with partners where complexity is highest, and focus internal effort where discovery could be transformational. If you’re tracking ASX exploration stories with real leverage to discovery, logistics, and funding, this one belongs on your list.

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WA’s grid is changing faster than most realise, and the evening peak is where the challenge bites. We sit down with Frontier Energy CEO Adam Kiley to explore how the Waroona Renewable Energy Project—120 MW of solar paired with a 6.9‑hour, 81.5 MW battery—aims to serve the 4 pm to 10 pm window that coal and gas used to cover. With a prime location only 500 metres from the Landwehr Terminal and a connection to 330 kV lines, Waroona is built on strong grid bones that support both Stage One delivery and future expansion.

Adam unpacks the numbers driving confidence: a guaranteed $32 million per annum from WA’s reserve capacity mechanism over the first five years, independent banker‑case models reflecting record‑high wholesale prices, and a clear pathway to 60–70% project debt. We dig into the macro: around 6.6 TWh per year of retiring coal and older gas, plus 3.5 TWh of new demand by 2031, creating an 11 TWh hole on a 22 TWh grid. Rather than waiting on long, costly transmission build‑outs, Frontier’s strategy co‑locates generation and storage at a strong node to shift midday sun into night-time supply when prices and reliability needs are highest.

We also talk execution: updated financials and technical expert reports for lenders, equipment contracting, and the timeline to final investment decision. Then we look at what’s next—an accelerated Stage Two study with similar scale, backed by 830 hectares of controlled land, approvals to amend, and a focus on replicable revenue certainty. If you care about clean baseload, peak-hour pricing, and practical solutions to the SWIS transition, this conversation lays out how firmed renewables can deliver.

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What if a beam of light could turn the tide against stubborn tumours and even wake the immune system? We sit down with Professor Thian Chew, Executive Chair and CEO of Invion Limited, to unpack how their photodynamic therapy zeroes in on cancer cells, stays inert until activated by a specific wavelength, and then triggers targeted oxidation that spares healthy tissue. The kicker: this same mechanism appears to amplify immune responses and shows promise against infectious agents like bacteria, fungi, and viruses.

We walk through concrete progress already underway. A non‑melanoma skin cancer study advances a topical application, while a forthcoming anogenital cancer trial with the Peter MacCallum Cancer Centre explores combining light‑activated therapy with established immunotherapies to convert “cold” tumours into “hot” responders. Backing from South Korea’s KDDF and partner Hanlim Pharma brings up to two million dollars in non‑dilutive support focused on oesophageal cancer and the development of an IV formulation. With both topical and IV routes, the platform can map to diverse clinical settings and multiple tumour types.

A major strategic shift came with Invion’s perpetual, exclusive global licence to the Photosoft™ platform. That move removes a long‑standing overhang, giving us the freedom to set indication priorities, simplify global partnerships, and negotiate clean commercial pathways. Under the hood, the science uses glucose conjugates to exploit the Warburg effect, letting sugar‑hungry tumours absorb the compound across a range of cancers. Beyond human oncology, our partnership with Protect Animal Health pushes a parallel pet oncology program that can reach companion animal trials faster, potentially generating earlier revenue and translational insights.

We close with a clear look at the next 12–18 months: continued recruitment and readouts in skin cancer, regulatory steps and initiation milestones with Peter Mac, preclinical efficacy and formulation updates in oesophageal cancer, and progress across companion animal studies. With recent capital raised and R&D facilities in place, plus non‑dilutive partner funding, the runway supports a steady cadence of data. If you’re tracking precision oncology, immune priming, and platform therapeutics, this is a roadmap worth following.

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A stubborn truth in healthcare is that the right treatment can still be the wrong format. We sit down with Damien Wood, CEO of EVE Health Group, to unpack how rethinking delivery—gummies for period pain and rapid oral films for ED—can remove friction, speed relief, and improve adherence across everyday conditions that carry massive personal and economic costs.

We start with Dyspro, a cannabinoid-based chewable designed for dysmenorrhea. It addresses a problem that drains billions from productivity and quality of life, yet is under-treated with options many find harsh or inconvenient. Then we dig into Libbo, an oral soluble vardenafil film that dissolves in seconds, works in about 15 minutes, and avoids first-pass metabolism. The result is a discreet, water-free option that fits real-world behaviour, supported by telehealth consultations, e-scripts, and home delivery through StiffIssue.com and partner clinics.

The conversation widens to strategy. We explore Australia-first launches, TGA pathways for export, and why alcohol-free formulations unlock the Middle East and North Africa, where cultural fit and regulation matter. With higher ED price points across MENA, partnerships and local distributors create a pragmatic route to scale. Damien also lifts the hood on Eve’s core capability: solubilising water-insoluble drugs to improve bioavailability and recast known actives into films, sprays, and topicals. As the patent cliff hits, this opens a pipeline where better formats can drive better adherence, particularly for older adults and anyone managing polypharmacy or swallowing issues.

By the end, you’ll see how delivery science, digital access, and cultural insight combine into a playbook for growth: expand adoption at home, target markets where differentiation matters, and licence where partners can move faster. If healthcare should feel simpler, faster, and more human, this is a roadmap worth watching. Enjoy the episode, then follow and share your thoughts—what format would make your own care easier? Subscribe and leave a quick review to help others find the show.

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A newly listed small cap with a giant resource, a blue-chip funding partner, and a market hungry for reliable gas—this conversation with Equus Energy’s Will Barker gets right to the heart of how strategic timing can transform a project into a regional anchor. We unpack the Equus Gas Project on Western Australia’s Northwest Shelf, a mature, independently certified 2C contingent resource of 1.7 TCF of gas plus condensate, located alongside Gorgon, Io‑Jansz, Pluto and Scarborough. With over US$1.5 billion already invested in appraisal and studies, Equus now targets existing infrastructure to compress timelines and reduce development risk, aiming to supply both LNG backfill and domestic gas.

Will explains how Equus’s current valuation implies around 24 cents per barrel of oil equivalent—far below several offshore peers with smaller certified resources—setting up a potential re-rating if the team delivers milestones. A key driver is a landmark arrangement with Alcoa, Western Australia’s largest gas buyer, providing over US$30 million in staged funding to advance feasibility, commercial work, partner selection and offtakes. This is not debt or prepayment; it’s a strategic commitment that secures exclusivity over Equus’s domestic gas obligation and signals confidence from a major industrial customer at a time when WA faces a looming gas shortfall.

We also dive into the roadmap ahead: completing feasibility, updating economics, launching a structured partnering process, selling down at the project level to bring in an operator with balance sheet strength, and progressing gas offtake and infrastructure agreements. For listeners tracking ASX energy, LNG backfill, and domestic gas security, this is a clear, data-rich look at how a 100% owned resource can be transformed into long-term supply for Asia and Australia. If you value grounded strategy, real milestones, and market timing, you’ll find plenty to analyse here. Enjoy the conversation, then follow and subscribe—leave a quick review to tell us what milestone you’re watching next.

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A pee-in-a-cup that can change urology care might sound too simple, but that’s exactly the point. We sit down with Dr Peter Meintjes, CEO of Pacific Edge, to explore how Cxbladder turns a urine sample into decisive signals that help rule out bladder cancer, reduce invasive cystoscopies, and save health systems money without cutting corners on accuracy.

We walk through how the test works, why choosing RNA from urine is such a technical leap, and how a stabilising buffer keeps samples viable at room temperature for up to 11 days. Then we dig into Cxbladder Triage Plus, a multimodal upgrade that blends RNA and DNA with advanced algorithms. With stronger performance and a US Medicare price of USD 1,328, Triage Plus is positioned to deliver real-world savings by avoiding unnecessary scopes and scans while giving clinicians clearer answers for patients with hematuria.

Reimbursement drives adoption, so we unpack the pathway with Novitas, the Medicare contractor, following inclusion in the American Urological Association guideline. Peter explains the evidence framework—analytical validation, clinical validation, and clinical utility—that underpins coverage decisions, and why a new local coverage determination could reset the company’s US strategy. We also cover capital discipline after coverage loss, the send-out testing model across Australia and Southeast Asia, and the longer-term plan to simplify the assay into an IVD kit that partner labs can run closer to patients.

We close with a practical look ahead: restoring Medicare coverage, charting a return to profitable operations, and fully resourcing high-priority projects. If you care about cancer diagnostics, health economics, and how evidence shapes access, this conversation offers a clear map of the science, the policy, and the commercial levers at play. Enjoy the episode, share it with a colleague, and subscribe to get the latest updates—then tell us what part of this strategy you want to hear more about next.

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Critical minerals move fast when geology, chemistry and execution align. We sit down with Dr Mark Cooksey, Managing Director and CEO of ABx Group, to unpack how the company plans to bring heavy rare earths and clean fluorine chemicals to market while capturing value from proven bauxite assets.

First, we break down why ABx’s Tasmanian ionic clay resource matters: cleaner leaching, fewer process steps and a mixed rare earth carbonate with higher proportions of dysprosium and terbium, the workhorses behind high‑temperature permanent magnets. Mark explains how collaboration with ANSTO strengthens metallurgy from bench to larger test scales, and how a new exploration licence in northern Tasmania bridges existing leases, supports resource growth and deepens understanding of the geological controls behind the ionic clay system.

We then shift to fluorine. With fluorspar supply tightening and fluorine recognised as a critical input for semiconductors, fluoropolymers and refrigerants, ABx is developing a process to convert a surplus aluminium smelter byproduct into hydrogen fluoride. The pilot plant at Bell Bay, Tasmania, leased within a Rio Tinto facility, is designed for fast learning: build over the next six months, then run to generate performance data and samples for customers. Alongside, ABx advances bauxite projects through agreements with GII in Queensland and New South Wales, progressing environmental approvals and option studies, while a smaller Tasmanian bauxite operation targets early 2026.

Across the conversation, Mark lays out clear FY26 priorities: finalise metallurgy and engineering for a right‑sized rare earths start‑up, advance commercial talks for premium MREC, complete and operate the fluorine pilot, and drive bauxite approvals toward near‑term cash flow. If you care about heavy rare earths, fluorine supply chains, and practical, local execution in Australia, this is a timely look at where the market is heading and how ABx plans to lead.

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