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IPO Wrap: Here’s the who’s who in the queue of listings over the next fortnight
IPO Watch
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- 6 explorers are listing on the ASX before Easter
- 3 new oil & gas players will list in the next fortnight
- An agri-tech and medi-tech company are also set to list
From explorers to oil and gas to agri-tech, there are 11 stocks set to list on the ASX in the next two weeks.
But please note that these listing dates are extremely speculative.
If you’re interested, contact the company direct for a better idea of when they expect to start trading on the ASX.
These companies are listing next week:
Listing: 4 April
IPO: $8.12m at $0.25
The explorer holds tenements in Queensland and Western Australia and lithium rights to certain tenements in the Yalgoo Lithium province.
The portfolio contains lithium, rubidium, nickel, cobalt, copper and gold, which the company says placed them in an ideal position as the battery metals industry develops into the future.
Listing: 4 April
IPO: $6.4m at $0.20
The company is exploring for oil, gas and other associated product streams (including helium and hydrogen) – and aims to be a net zero emissions energy producer.
The company will hold a 100% interest in a granted hydrocarbon permit in Queensland, where it plans to undertake geological, geophysical and engineering studies, aeromag and gravity surveys, seismic acquisition as well as the plug and abandon of the Barwinock 2 well.
In the Northern Territory, the company will hold a 50% interest in 30 hydrocarbon exploration permit applications totalling ~160,000km2.
The company aims to secure application grants, seismic acquisition and to undertake seismic interpretation and drilling prospect generation.
International Graphite (ASX:IG6)
Listing: 5 April
IPO: $10m at $0.20
The explorer and developer is aiming to develop the first fully integrated graphite production facility in Western Australia.
It holds mining tenements at Springdale and says its downstream processing facility brings together the best of international manufacturing technology and Australian process engineering knowhow.
The plan is to supply anode material to meet growing international demand for lithium batteries – and strengthen Australia’s sovereign capability in the critical minerals space.
Microba Life Sciences (ASX:MAP)
Listing: 5 April
IPO: $30m at $0.45
Microba has developed a technology for measuring the human gut microbiome.
It’s focused on delivering gut microbiome testing services globally to consumers, clinicians, and researchers; and driving the discovery and development of novel therapeutics for major chronic diseases.
Listing: 6 April
IPO: $8.5m at $0.20
The explorer’s namesake Sarytogan deposit is in the Karaganda region of Central Kazakhstan.
There are two large zones of graphitised sediments in the Sarytogan area: the Central and North graphite zones and the project has a mineral resource estimate of 209mt at 28.4% total graphitic carbon with 60,000t of contained graphite.
Finder Energy Holdings (ASX:FDR)
Listing: 8 April
IPO: $15m at $0.20
This oil and gas explorer has a substantial acreage portfolio of highly prospective exploration permits in two of the world’s premier hydrocarbon basins – the Northwest Shelf of Australia and the United Kingdom North Sea.
In the Northwest Shelf, the company holds an interest in five exploration permits, with the Kanga-1 exploration well scheduled to spud in May this year.
Kanga-1 is targeting significant resource potential in the heart of the Northern Carnarvon Basin, and the company says if it’s successful, offers investors exposure to near term upside.
Finder also holds a strategic position along trend from the Dorado oil discovery.
In the North Sea, the company currently holds five seaward production licences.
Listing: 8 April
IPO: $10m at $0.20
This company is focused on identifying, exploring and developing helium assets in United Republic of Tanzania.
It says that its independent certification of a mid-case 101 Bcf Prospective Resource in the first of four of its licensed Tanzanian basins gives it the potential to become a Tier One project at proof in 2023.
NHE also says its current projections show that Tanzania will be one of the largest helium resources in the world.
Listing: 8 April
IPO: $5m at $0.20
The explorer and developer is targeting gold and base metals discoveries.
In SA, the company has the Yumbarra Project (nickel and mineral sands), along with the Fowler, Coorabie Shear Zone, and Tallacootra projects (nickel/copper and gold).
The Sandford Project in Victoria is prospective for gold and base metals (copper, lead, silver, and zinc), as well as ionic REE clays and heavy mineral sands.
These companies are listing before Easter:
Listing: 12 April
IPO: $10m at $0.20
RLF is focused on the manufacture and sale of technology-based plant nutrition products.
Plant Proton Delivery Technology (PPD Tech) aims to solve some of the world’s biggest agricultural, environmental, and human challenges and enables farmers to grow higher yielding, better quality, and more nutritious produce, while massively reducing atmospheric carbon.
Listing: 13 April
IPO: $5m at $0.20
The exploration company is focused on nickel-copper-PGE discoveries in Australia.
NYM holds the Narryer project in WA, and the Sturt and Ceduna projects in SA, in what the company says are strategic geological domains that have been under-explored.
Listing: 13 April
IPO: $12.5m at $0.50
This explorer is building a pipeline of precious and base metal discoveries at its five projects in Nevada, USA.
With two new discoveries at its Blackhawk project to date – a tier-one scale copper-gold porphyry system and a bonanza-grade gold-silver polymetallic epithermal vein system – and 12,000m of drilling planned over the first 12 months after listing, the company reckons it’s poised to make further discoveries.
