Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today. 

It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms.


ICYMI Leader Board

Stocks highlighted in green have made market-moving announcements (click headings to sort).

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An independent review has confirmed significant helium flow potential at Grand Gulf Energy’s (ASX:GGE) Jesse-1A well, part of the 10.6bcf Red Helium project in Utah.

“The company is highly encouraged by the modelling results indicating reservoir with the potential for significant helium flow in the Jesse-1A well and surrounding area,” MD Dane Lance says.

“The compelling fundamental commercial and midstream pillars of the Red Helium Project remain unchanged and are in fact enhanced by the 1% helium sample at Jesse-1A which greatly exceeded pre-drill expectation.

“The Company has the ability to quickly monetise a commercial well to generate near term free cash flow with minimal time and cost in an extremely buoyant helium market.”

3D printing stock Aurora Labs (ASX:A3D) has signed a non-binding Memorandum of Understanding with US$2tn-capped Saudi Arabian oil giant Aramco.

The MOU outlines potential cooperation areas for Aramco and Aurora Labs to explore, including the exchange of information regarding Aurora’s upcoming AL250 metal 3D printer, its high-power printing capabilities and its patented MCP technology. 

It also outlines exchange of information regarding Saudi Arabia and GCC markets, and potential joint development of opportunities in the 3D printing business. 

“We are encouraged to see Aramco recognising the supply chain benefits metal 3D printing can deliver through localised production,” A3D boss Pete Snowsill says.

Minbos Resources (ASX:MNB) expects to finalise financing and offtake deals shortly for the Cabinda phosphate project in Angola, where siteworks and equipment procurement have already begun.

“The company is now well advanced in its offtake discussions with most of the Stage 1 production expected to be covered within current negotiations,” MNB says.

“Significant progress has been made on non-dilutionary funding (debt and/or prepayment) for a significant proportion of the outstanding capex for the project, with negotiations expected to be finalised in August/September.”

Matsa Resources (ASX:MAT) believes a potential +1Moz gold system at the Fortitude North prospect could rerate the wider 886,000oz Lake Carey project in WA.

Thick, high-grade mineralisation has now been defined over 1.7km and remains open, with highlights from the most recent drill program including 25m @ 3.3g/t Au from 147m.

This system will be substantially bigger and better that MAT’s nearby 489,000oz Fortitude gold mine, chairman Paul Poli said.


At Stockhead we tell it like it is. While Matsa Resources is a Stockhead advertiser, it did not sponsor this article.