Rise and Shine: Everything you need to know before the ASX opens
News
On Stockhead today, the anatomy of an ASX meme stock, Merewether’s big small-cap tech opportunities and a new lithium IPO ready to list any day now.
But first, the day ahead.
IPO: raised $5m at 20c per share
Listing: 11am AEST
Led by former Cassini boss Richard Bevan, this explorer is focused on “giant” nickel-copper-PGE discoveries in South Australia and WA.
NYM’s underexplored ‘Narryer’ project in WA is on “the edge of the ancient craton that hosts Chalice Mining’s (ASX:CHN) Julimar Ni-Cu-PGE discovery”.
The Sturt and Ceduna projects in SA are in strategic geological domains that have been under-explored, it says.
The following companies are in trading halts and are expected out in the coming days:
Black Cat Syndicate (ASX:BC8) – proposed acquisition of the Coyote and Paulsens Gold Operations from Northern Star Resources, associated capital raising.
New Zealand King Salmon (ASX:NZK) – finalising full year financial statements, capital raising.
Carawine Resources (ASX:CWX) – drilling results at the Big Freeze prospect.
Tempest Minerals (ASX:TEM) – capital raising.
Latin Resources (ASX:LRS) – capital raising.
Emmerson Resources (ASX:ERM) – capital raising.
Pacgold (ASX:PGO) – capital raising.
Megado Gold (ASX:MEG) – proposed acquisition.
Sabre Resources (ASX:SAB) – capital raising.
Gold: $US1,979.31 (+0.65%)
Silver: $US25.7 (+1.38%)
Nickel (3mth): $US32,740/t (+0.78%)
Copper (3mth): $US10,333/t (-0.10%)
Oil (WTI): $US102.27 (+1.66%)
Oil (Brent): $US106.55 (+1.83%)
Aust Coking Coal (steelmaking): $406.7/t (-9.6%)
Newcastle Coal (thermal): $264/t (+2.0%)
Iron 62pc Fe: $US148.56 (+2.24%)
AUD/USD: $US0.7419 (-0.42%)
Bitcoin: $US39,861(-0.56%)
Greens boss Adam Bandt schooling a cadet journalist. A lesson for life, Ronald.
Green’s Leader Adam Bandt with the perfect response to this “gotcha” question and a message to all you “journalists” out there that think this a good way to treat this election campaign. #auspol #AusVotes2022 #Elections2022 pic.twitter.com/kCYimkLPXv
— Simon Barnhill (@SimonBarnhill) April 13, 2022
Uranium is pushing well above $US60/lb, the point at which many projects becomes very profitable. Is a breakout on the cards?
Spot #uranium 6350/6400 USc/Lb #U3O8 (Delivery at ALL , Chg +25c, +0.39%) ALL = CVD 0c/Lb, ALL = CMX 0c/Lb See https://t.co/oK6SEbp4ad
— numerco (@numerco) April 13, 2022
#Uranium: A little pain, always followed by massive gains 🌙🦍🚀 @quakes99 @uraniuminsider @Sprott @uraniumAD #UraniumSqueeze pic.twitter.com/mdwKhc30Zl
— Uranium Corgi (@UrTokenCorgi) April 12, 2022
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Also, be sure to check in at 10.20am each day for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.
(Stocks highlighted in yellow rose after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
Code | Description | Price | % | Volume |
---|---|---|---|---|
ANL | Amani Gold Ltd | 0.002 | 100.0% | 29,034,613 |
OSL | Oncosil Medical | 0.074 | 76.2% | 111,097,451 |
ANW | Aus Tin Mining | 0.0015 | 50.0% | 12,288,858 |
FTL | Firetail Resources | 0.35 | 40.0% | 5,231,040 |
CZR | CZR Resources Ltd | 0.011 | 29.4% | 49,282,874 |
VAN | Vango Mining Ltd | 0.05 | 28.2% | 9,206,849 |
NIM | Nimyresourceslimited | 0.5 | 28.2% | 1,265,198 |
BCA | Black Canyon Limited | 0.46 | 26.0% | 1,999,642 |
FLX | Felix Group | 0.3 | 25.0% | 102,384 |
GTG | Genetic Technologies | 0.005 | 25.0% | 4,524,571 |
SCN | Scorpion Minerals | 0.083 | 23.9% | 7,807,929 |
MLS | Metals Australia | 0.185 | 23.3% | 11,271,395 |
IS3 | I Synergy Group Ltd | 0.098 | 22.5% | 1,491,073 |
GEN | Genmin | 0.22 | 22.2% | 115,789 |
LSR | Lodestar Minerals | 0.017 | 21.4% | 42,658,192 |
PNN | PepinNini Minerals | 0.835 | 21.0% | 2,182,034 |
BPP | Babylon Pump & Power | 0.012 | 20.0% | 5,502,950 |
REM | Remsensetechnologies | 0.31 | 19.2% | 291,430 |
HIO | Hawsons Iron Ltd | 0.53 | 19.1% | 12,784,661 |
AVE | Avecho Biotech Ltd | 0.019 | 18.8% | 1,553,908 |
ALY | Alchemy Resource Ltd | 0.02 | 17.6% | 9,319,224 |
XST | Xstate Resources | 0.0035 | 16.7% | 150,000 |
VRC | Volt Resources Ltd | 0.022 | 15.8% | 22,624,492 |
IG6 | International Graphite | 0.38 | 15.2% | 1,067,627 |
SYA | Sayona Mining Ltd | 0.35 | 14.8% | 59,296,865 |
Medical device company OncoSil Medical (ASX:OSL) announced the first commercial treatment with the OncoSil device in Europe. OncoSil is a targeted radioactive isotope (Phosphorus-32), implanted directly into a patient’s pancreatic tumours via an endoscopic ultrasound.
New listing Firetail Resources (ASX:FTL) surged on debut. FTL’s exploration portfolio contains projects prospective for lithium, rubidium, nickel, cobalt, copper, and gold.
Freshly listed Nimy Resources (ASX:NIM) hit a 438m-long nickel-copper zone — including semi-massive (good grade) sulphides – at ‘Godley’, part of the ‘Mons’ nickel project in WA.
This is hole #2. Hole #1 hit an also very good 275m-long mineralisation zone.
Black Canyon (ASX:BCA) unveiled an enlarged 104 million tonne at 10.5% manganese resource at the ‘Flanagan Bore’ project.
And Volt Power’s (ASX:VPR) 70% owned subsidiary EcoQuip Australia inked a deal with the Fed government to conduct a trial of its recently developed Autonomous Communications Sentry (ACS).
(Stocks highlighted in yellow rose after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
Code | Company | Price | % | Volume |
---|---|---|---|---|
EAX | Energy Action Ltd | 0.15 | -25.0% | 1,245 |
MSI | Multistack International | 0.028 | -24.3% | 465,000 |
NZK | NZK Salmon Ltd | 0.65 | -24.0% | 28,640 |
BSA | BSA Limited | 0.098 | -21.6% | 1,184,887 |
MEB | Medibio Limited | 0.004 | -20.0% | 5,339,336 |
VPR | Volt Power Group | 0.002 | -20.0% | 41,173,735 |
RNX | Renegade Exploration | 0.009 | -18.2% | 15,063,246 |
BTC | BTC Health Ltd | 0.062 | -17.3% | 40,850 |
AJQ | Armour Energy Ltd | 0.01 | -16.7% | 15,357,953 |
ECG | Ecargo Hldg | 0.02 | -16.7% | 236,254 |
HFY | Hubify Ltd | 0.061 | -16.4% | 471,742 |
BDX | Bcaldiagnostics | 0.105 | -16.0% | 277,028 |
CXU | Cauldron Energy Ltd | 0.017 | -15.0% | 2,755,883 |
UUL | Ultima Utd Ltd | 0.145 | -14.7% | 19,874 |
TVL | Touch Ventures | 0.155 | -13.9% | 964,378 |
BRV | Big River Gold Ltd | 0.25 | -13.8% | 78,069 |
REC | Recharge Metals | 0.39 | -13.3% | 2,085,389 |
RAG | Ragnar Metals Ltd | 0.046 | -13.2% | 96,079,261 |
ADX | ADX Energy Ltd | 0.007 | -12.5% | 2,489,558 |
DCG | Decmil Group Limited | 0.097 | -11.8% | 5,817,694 |
BMO | Bastion Minerals | 0.15 | -11.8% | 50,000 |
KED | Keypath Education | 1.9 | -11.6% | 12,189 |
DXN | DXN Limited | 0.008 | -11.1% | 80,000 |
IEC | Intra Energy Corp | 0.016 | -11.1% | 500,000 |
IPB | IPB Petroleum Ltd | 0.017 | -10.5% | 100,000 |