A microscopic beast has stirred from its 25,000 year-long slumber in the Arctic permafrost.

Found by Russian oil drillers, the ancient ‘rotifer’ was able to reproduce and eat once thawed by scientists, according to this study.

We’ve seen this movie before – let it sleep.

Well, maybe not this movie.

 

To Markets:

US share markets weakened Wednesday with investors awaiting key inflation data to be released on Thursday (tonight). High inflation means the Fed may be forced to tighten its ‘loose as a goose’ monetary policy, which will negatively impact stock prices.

So far, markets are buying the Fed’s official line that booming inflation is only temporary, Jesse Felder writes.

“This sets up a potential repricing event should inflation eventually prove more sustainable than the markets have priced in,” he says.

 

WINNERS

Here are the best performing ASX small cap stocks at 12pm Thursday, June 10:

Swipe or scroll to reveal the full table. Click headings to sort.

Fresh-faced explorer Black Canyon (ASX:BCA) is +60% on its May listing price after uncovering widespread outcropping manganese in the Pilbara.

Minnow Classic Minerals (ASX:CLZ) is one step closer to gold production, having been approved to mine a bulk sample at its 93,000oz Kat Gap project in WA.

Andromeda Metals (ASX:ADN) and 25% JV partner Minotaur (ASX:MEP) have inked a five-year offtake with a large Chinese commodity trader for 70,000tpa of refined ultra-bright high-purity kaolin.
 

LOSERS

Here are the worst performing ASX small cap stocks at 12pm Thursday, June 10:

Swipe or scroll to reveal the full table. Click headings to sort.

Porphyry hunter Magmatic Resources (ASX:MAG) slipped disappointing assays into the back-end of a new drilling announcement.