In Case You Missed It: High grade antimony and sneaky takeover attempts
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Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar.
Below is a wrap of the top 20 performing stocks, by percentage, that made announcements today.
Nagambie Resources (ASX:NAG) says the average stope grade at its namesake antimony-gold mine in Victoria is now 5.6% Sb, making the discovery “the highest-grade antimony mineralisation in Australia”.
Peer-to-peer investing solution provider SelfWealth (ASX:SWF) responded to media speculation that yes it had received a confidential, non-binding, indicative proposal from Stake to acquire the company by for $0.175 a share – which it knocked back because it didn’t offer appropriate value to shareholders.
Lucapa Diamond Company (ASX:LOM) has sold seven individual uncut diamonds for $24.5 million, including a 66-carat pink diamond.
Nordic Nickel (ASX:NNL) has appointed a highly experienced operational team led by 38-year mining veteran Vern Langdale to advance the next phase of exploration and development of its flagship Pulju nickel project in Finland.
Warriedar Resources (ASX:WA8) has completed Phase 1 RC drilling of targets at Fields Find West and is now moving into extensional drilling at the Rothschild gold deposit prior to an update of the resource.
And Latin Resources (ASX:LRS) is selling subsidiary Lotus Minerals – the sole owner of the Lachlan Fold Belt project – to Maverick Minerals to focus on its flagship Salinas lithium project in Brazil.
At Stockhead we tell it like it is. While Nordic Nickel, PharmAust, Warriedar Resources, Summit Minerals, DevEx Resources, Olympio Metals and Latin Resources are Stockhead advertisers, they did not sponsor this article.