While punters wait it out as major sporting codes across the globe go on hold, news of an unexpected comeback has turned a few heads this week.

Former heavyweight boxing champion Mike Tyson has been linked with a potential return to the ring, 15 years after his last professional fight.

Tyson is 53 now — not historically known as a prime age for boxers. But based on recent training footage, the former “baddest man on the planet” (and part-time ear aficionado) looks like he’s still got it:

One opportunistic promoter tried to lure Iron Mike down to Australia with a $3m offer to lace up the gloves again. But it appears that even larger numbers are being thrown around for a potential US fight.

For his part, former Aussie boxing champ Jeff Fenech told the SMH Tyson could still cause some serious damage if he stepped back in the ring.

To markets now, and local stocks continued their relatively sanguine week (by COVID-19 standards) as the ASX200 edged higher into midday trade after two straight falls.

The Small Ords Index outperformed again, posting a gain of 1.42 per cent to 2,422.10 points — its highest level since March 11.

 

SMALL CAP WINNERS

Here are the best performing ASX small cap stocks at 12pm on Friday May 8:

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CODE COMPANY PRICE CHANGE MARKET CAP
AGS Alliance Resources 0.215 138.89% $33.9M
VMG Vdm Group 0.002 100.00% $6.9M
CL8 Collaborate Corporation Ltd 0.011 37.50% $12.7M
DAV Davenport Resources 0.054 35.00% $9.3M
CTO Citigold Corporation 0.004 33.33% $9.7M
CUX Crossland Strategic Metals 0.004 33.33% $4.1M
G88 Golden Mile 0.028 27.27% $2.5M
MNW Mint Payments 0.005 25.00% $4.6M
POW Protean Energy 0.005 25.00% $1.6M
MTH Mithril Resources 0.01 25.00% $4.9M
SRN Surefire Resources 0.003 25.00% $1.3M
ENT Enterprise Metals Ltd 0.016 23.08% $7.6M
SVY Stavely Minerals Ltd 0.465 20.78% $99.4M
LSR Lodestar Minerals Ltd 0.006 20.00% $5.1M
BRK Brookside Energy 0.006 20.00% $6.0M
3DP Pointerra 0.038 18.75% $21.7M
LIN Lindian Resources 0.013 18.18% $7.6M
ESH Esports Mogul Asia Pacific Ltd 0.007 16.67% $14.3M
DGO DGO Gold Ltd 2.1 16.67% $92.9M
MDI Middle Island Resources Ltd 0.014 16.67% $24.7M
TSC Twenty Seven 0.007 16.67% $10.4M

 

Alliance Resources (ASX:AGS) continued the recent run of outperformance for small-cap gold explorers.

Shares in the company more than doubled up after it announced results from a reverse-circulation drilling program at the Weednanna gold deposit on the Eyre Peninsula in South Australia.

The program “identified significant intersections of high-grade gold”, Alliance said.

The company said it now plans to upgrade the mineral resource estimate for gold and iron ore at Weednanna, and “commence feasibility study level assessment of the commercial viability of the deposit”.

 

SMALL CAP LOSERS

Here are the worst performing ASX small cap stocks at 12pm on Friday May 8:

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CODE COMPANY PRICE CHANGE MARKET CAP
RHI Red Hill Iron 0.12 -36.84% $7.2M
PCL Pancontinental Oil&Gas 0.001 -33.33% $8.1M
GGE Grand Gulf Energy Ltd 0.004 -33.33% $1.5M
CYQ Cycliq 0.001 -33.33% $1.9M
LRS Latin Resources Ltd 0.003 -25.00% $1.1M
FSG Field Solutions 0.025 -21.88% $11.2M
IDZ Indoor Skydive AUS Group 0.004 -20.00% $1.4M
OAR Oakdale Resources Ltd 0.002 -20.00% $1.4M
AWN Arowana International Ltd 0.04 -20.00% $6.3M
AGE Alligator Energy Ltd 0.004 -20.00% $5.7M
NTI Neurotech Intl 0.006 -14.29% $1.3M
NTL New Talisman Gold 0.006 -14.29% $18.9M
EAX Energy Action 0.1 -13.04% $3.0M
CHK Cohiba Minerals Ltd 0.007 -12.50% $5.3M
MEL Metgasco 0.021 -12.50% $9.3M
IMS Impelus 0.0035 -12.50% $2.4M
SRZ Stellar Resources Ltd 0.007 -12.50% $3.1M