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Arizona

114 posts
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SQX Resources (ASX:SQX) jumps 13% with Red Bird drilling and fresh funding in focus

SQX Resources Limited rose 13.04% to A$0.052 on October 5 after completing a A$2.47 million entitlement offer. Strong maiden drilling at Arizona’s Red Bird Gold Project has established the geological case, but the next phase must convert exploration success into a defined resource while the larger share base raises the bar for value creation.
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KKR targets A1 Garage Door in $2bn transaction as residential-services consolidation accelerates

KKR has reportedly agreed to acquire A1 Garage Door Service for about $2 billion, extending private equity’s push into fragmented residential trades. Founder Tommy Mello built A1 from $25 million of revenue in 2017 to more than $200 million, while the company has completed a long series of local acquisitions. The valuation suggests KKR is betting that garage-door repair can follow HVAC and plumbing into a much larger institutional consolidation cycle.
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Gatik’s autonomous trucks have completed 85,000 driverless orders, so why is the next stage much harder?

Gatik has secured $200 million after completing 85,000 fully driverless orders and building more than $600 million in contracted revenue. With PepsiCo, Loblaw and other major customers moving beyond pilots, the next test is whether dozens of autonomous trucks can become thousands without weakening safety, service levels or fleet economics.