Rise and Shine: Everything you need to know before the market opens

News Jessica Cummins
asx open tnr

Pic: Martyn Goodacre / Contributor via Getty Images

On Stockhead today, the top 50 ASX miners and explorers for April, Claude Walker’s favourite small caps, and nuclear fusion laser player is cashed up.

But first, the day ahead.

 

TRADING HALTS

Resource Mining Corporation (ASX:RMI) – Potential acquisition

Eastern Resources (ASX:EFE) – Material transaction

Theta Gold Mines (ASX:TGM) – Private placement and capital raise

Emvision Medical Devices (ASX:EMV) – Strategic agreement

AVZ Minerals (ASX:AVZ) – Material announcement relating to Manono Lithium and Tin Project

Canyon Resources (ASX:CAY) – Announcement relating to BFS at Minim Martap Bauxite Project

Buru Energy (ASX:BRU) – Relating to a rights issue

White Rock Minerals (ASX:WRM) – Equity raising

Zinc of Ireland (ASX:ZMI) – Capital raising

QEM Ltd (ASX:QEM) – Capital raising

Peppermint Innovation (ASX:PIL) – Important licence for the company in the Phillipines

Felix Group Holdings (ASX:FLX) – Capital raising

Botanix Pharmaceuticals (ASX:BOT) – Acquisition of a dermatology asset

Senetas Corporation (ASX:SEN) – Capital raising

OM Holdings (ASX:OMH) – Material acquisition

 

MARKETS (updated at 8am AEDT)

Gold: $US1,858.7 (-0.24%)

Silver: $US22.55 (-0.31%)

Nickel (3mth): $US32,424/t (-2.55%)

Copper (3mth): $US9,769/t (+0.75%)

Oil (WTI): $US104.63 (-0.51%)

Oil (Brent): $US106.95 (-0.59%)

Aust Coking Coal (steelmaking): $406.7/t (-9.6%)

Newcastle Coal (thermal): $264/t (+2.0%)

Iron 62pc Fe: $US142.00 (+0.00%)

AUD/USD: $US0.708 (+0.41%)

Bitcoin: $US38,426 (+0.30%)

 

WHAT GOT YOU TALKING YESTERDAY?

Infinity Lithium’s wholly owned subsidiary, Infinity Greentech, got you talkin’ after it signed an agreement with Murdoch University – advancing the development of its Greentech RPK lithium chemical conversion process.

The first stage of the advanced test work under the agreement will build on prior bench scale test work results, which confirmed recoverability of lithium in solution from Run-Of-Mine (ROM) feedstock between 60% to 70% lithium from open-circuit direct processing without optimisation.

 

 

And Medallion’s top hit of 3.29m at 65.62g/t gold and 0.68% copper at the Gem deposit got you lookin’.

 

YESTERDAY’S BIGGEST SMALL CAP WINNERS

(Stocks highlighted in yellow rose after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

 

WordPress Table

Monger Gold (ASX:MMG)

Another lithium pivot well received by investors. Torian Resources’ (ASX:TNR) spin-off MMG will acquire the large ‘Scotty’ sediment-hosted lithium project in Nevada for $2m.

This is a good neighbourhood. The 14,000-acre project surrounds the ‘Bonnie Claire’ project (host to one of North America’s largest lithium resources at 18.3Mt LCE), is 70km from Albermarle’s ‘Clayton Valley’ mine (the only producing lithium mine in the US) and 330km from Tesla’s Gigafactory.

Metalstech (ASX:MTC) has some lovely new infill drilling results out of the 1.5Moz gold, 10.93Moz silver ‘Sturec’ mine in Slovakia include 173.2m grading 3.27g/t gold and 11.8g/t silver from surface.

This intersection is not true thickness, the company says, which is always the width of the vein/orebody etc at its narrowest point. Resource modelling suggests the true thickness on mineralisation in this area is about 55m.

Still excellent, Reuben says.

 

YESTERDAY’S BIGGEST SMALL CAP LOSERS

(Stocks highlighted in yellow fell after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

 

WordPress Table

Related Stories