On Stockhead today, There’s a reason why ASX explorers are flooding into South Australia and it’s not just to get their before the Canadians do. Jessica Cummins has the story.

Since taking the reins as CEO and MD about 7 years ago, Lynas Rare Earths (ASX:LYC) boss Amanda Lacaze has grown Lynas from a $133 million tonka toy into $7 billion Aussie icon.

She tells Stockhead’s Nadine McGrath in this exclusive, tell-all expose that the secret to running a cracking business is unlocking the true capability of your people.

True dat. And digging up a bunch of rare earths. Double true dat.

Also: Canadians. Americans with the volume turned down?

We just don’t know. 

But first, the day ahead.

 

TRADING HALTS

The following stocks went into trading halts Thursday and are expected out in the coming days:

EBR Systems (ASX:EBR) – Capital raising.

Eroad (ASX:ERD) – Takeover offer.

E79 Gold Mines (ASX: E79) – Capital raising.

Decmil Group (ASX:DCG) – Capital raising.

American West Metals (ASX:AW1) – Announcement of exploration results and a capital raising.

Zeotech (ASX:ZEO) – Capital raising.

Kingston Resources (ASX:KSN) – Capital raising.

Strategic Energy Resources (ASX:SER) – Material transaction and a capital raising.

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1915.20 (-0.87%)

Silver: $US22.47 (-0.82%)

Nickel (3mth): $US24,025/t (+2.02%)

Copper (3mth): $US9002.50/t (+0.27%)

Oil (WTI): $US69.27 (-4.49%)

Oil (Brent): $US74.13 (-3.90%)

Iron 62pc Fe: $US114.50/t (-1.72%)

AUD/USD: 0.6756  (-0.56%)

Bitcoin: $US30,083 (-0.86%)

 

WHAT GOT YOU TALKING?

American West: Doing really well in… Canada.

Keep up to date with Stockhead coverage or you’ll miss gold like that EVERY DAY. Follow our Twitter page.

For all you crypto lovers Stockhead’s Coinhead Facebook group is the place to share your views, insights, tips and ideas.

Also, be sure to check in preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

 

THURSDAY’S ASX SMALL CAP LEADERS

Here are the best performing ASX small cap stocks:

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

Code Company Price % Volume Market Cap
ERD Eroad Limited 1.135 61% 577,866 $79,607,954
ESR Estrella Res Ltd 0.011 57% 40,011,605 $10,385,003
CCO The Calmer Co Int 0.003 50% 2,090,297 $889,555
OLI Oliver'S Real Food 0.021 40% 41,804 $6,610,979
AHI Advanced Health 0.245 36% 4,769,487 $39,096,714
ERW Errawarra Resources 0.19 31% 1,802,734 $8,773,080
KNI Kuniko Limited 0.39 26% 1,025,585 $15,756,713
AME Alto Metals Limited 0.065 25% 3,445,130 $31,866,405
PYR Payright Limited 0.0025 25% 831,493 $1,761,770
ROO Roots Sustainable 0.005 25% 50,078 $554,889
XTC Xantippe Res Ltd 0.0025 25% 161,819,676 $22,960,199
RB6 Rubixresources 0.305 22% 2,272,713 $7,012,500
S3N Sensore Ltd 0.28 19% 8,000 $7,510,067
QML Qmines Limited 0.125 19% 330,623 $17,433,225
VSR Voltaic Strategic 0.089 17% 22,128,997 $28,078,789
ADS Adslot Ltd 0.0035 17% 260,000 $7,438,045
RDN Raiden Resources Ltd 0.007 17% 3,677,590 $12,331,614
TKL Traka Resources 0.007 17% 1,850,000 $5,227,976
AHN Athena Resources 0.008 14% 641,980 $7,493,273
CNJ Conico Ltd 0.008 14% 1,111,429 $10,990,665
IPB IPB Petroleum Ltd 0.008 14% 881,770 $3,955,857
SHN Sunshine Gold Ltd 0.016 14% 2,577,077 $13,428,185
VAL Valor Resources Ltd 0.004 14% 831,372 $13,310,622
DDB Dynamic Group 0.285 14% 77,374 $33,638,239
REC Recharge Metals 0.33 14% 802,923 $27,490,550
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Fleet and safety management company Eroad (ASX:ERD) up +62% (down from +69.5 at lunch), on news of an unsolicited, non-binding indicative proposal from Brillian APAC, part of the Volaris Group, itself part of Canada’s Toronto Stock Exchange-listed Constellation Software Inc (TSX:CSU).

The proposal on the table is for 100% of ERD at $1.30 per share, well above its $1.13 open this morning – and at present, even with the day’s climb, it’s sitting below the Volaris offer price on $1.14 a pop.

Estrella Resources (ASX:ESR), gained 57% after signing an agreement with another bunch of Canucks, this time the Canadian-based geophysical firm Expert Geophysics to commence a world-first helicopter-borne electromagnetic survey (TargetEM) at the company’s Carr Boyd nickel-copper-PGE project, approximately 80km NNW of Kalgoorlie in Western Australia.

Errawarra Resources (ASX:ERW), 38% the better – no new news – just the old news they’re continuing to explore potentially good lithium land near-abouts some proven lithium land that is not Canadian.

They put this out on the ASX about a week ago:

Screenshot: Via ASX

And this a little earlier, I believe:

“Errawarra has a significant and strategic tenement land holding of 100km2 adjacent to Azure Minerals (ASX:AZS) and their recent lithium discovery. This has given Errawarra confidence that its ongoing exploration work will deliver further potential targets for testing. This region has been under-explored for battery metals including lithium.”

Anyway.

Up 150% for June.

 

THURSDAY’S ASX SMALL CAP LAGGARDS

Here are the least best performing ASX small cap stocks:

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

Code Company Price % Volume Market Cap
MBX Myfoodieboxlimited 0.005 -50% 219,610 $371,279
EGY Energy Tech Ltd 0.027 -40% 290,133 $15,194,692
GCR Golden Cross 0.002 -33% 400,346 $3,291,768
MTL Mantle Minerals Ltd 0.001 -33% 2,200,000 $9,221,169
TD1 Tali Digital Limited 0.001 -33% 10,767,290 $4,942,733
ELE Elmore Ltd 0.008 -27% 9,641,779 $15,393,222
AXP AXP Energy Ltd 0.0015 -25% 132,090 $11,649,361
MTB Mount Burgess Mining 0.0015 -25% 856,334 $1,766,342
HOR Horseshoe Metals Ltd 0.012 -20% 323,861 $9,652,180
CAV Carnavale Resources 0.002 -20% 423,591 $6,833,879
DCX Discovex Res Ltd 0.002 -20% 174,806 $8,256,420
ECG Ecargo Hldg 0.013 -19% 305,888 $9,844,000
FIN FIN Resources Ltd 0.014 -18% 2,750,689 $10,515,101
SW1 Swift Networks Group 0.014 -18% 250,000 $10,097,919
GTG Genetic Technologies 0.0025 -17% 3,650,232 $34,624,974
IEC Intra Energy Corp 0.005 -17% 47,619 $4,234,690
YPB YPB Group Ltd 0.0025 -17% 80,144 $1,857,747
COO Corum Group Limited 0.036 -16% 479,998 $25,687,417
RLF Rlfagtechltd 0.13 -16% 768,491 $14,086,898
FXG Felix Gold Limited 0.08 -16% 230,024 $10,574,108
DTM Dart Mining NL 0.043 -16% 2,529,726 $8,786,649
ZGL Zicom Group Limited 0.047 -15% 408,511 $11,800,800
HMG Hamelingoldlimited 0.09 -14% 947 $15,487,500
CHK Cohiba Min Ltd 0.003 -14% 12,204,060 $7,396,355
CTN Catalina Resources 0.003 -14% 13,389,177 $4,334,704
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