Pic: Getty Images
Rise and Shine: Everything you need to know before the market opens
News
share
On Stockhead today, how to – and why – buy bonds, the stocks sector that’s on sale right now, and is fear of recession inflated?
But first, the day ahead.
WHO’S LISTING?
Listing: 22 June
IPO: $6m at $0.20
This explorer has two projects in the Lachlan Fold Belt (NSW) and one in Mount Isa (QLD).
Notably, the Lachlan Fold Belt is a major mining province with a long history of mineral production including gold (Au), copper (Cu), lead (Pb), zinc (Zn), silver (Ag) and tin (Sn).
And the Mount Isa region represents one of the largest accumulations of lead (Pb), zinc (Zn) and silver (Ag) in the world.
Listing: 22 June
IPO: $8m at $0.20
The company holds a 100% interest in the Splinter Rock Project and Grass Patch Project which are in the Goldfields-Esperance region of WA.
The projects are considered prospective for clay rare earth elements (REEs), and the aim is delineating and defining economic resources and reserves to develop into a future revenue generating operational mine.
Clay REE deposits are currently economically extracted in China, the dominant world producer.
TRADING HALTS
The following companies are in trading halts and are expected out in the coming days:
Health House International (ASX:HHI) – announcement in relation to its Scheme Implementation Deed
Zelira Therapeutics (ASX:ZLD) – announcement in relation to its Scheme Implementation Deed
Black Mountain Energy (ASX:BME) – announcement regarding a Letter of Intent
MARKETS
Gold: $US1,831.64 (-0.37%)
Silver: $US21.61 (+0.12%)
Nickel (3mth): $US26,095/t (+1.39%)
Copper (3mth): $US8,965/t (+0.39%)
Lithium Carbonate, China (Benchmark Minerals Intelligence, June 17): $US69,750/t (0.4% weekly)
Lithium Hydroxide, China (Benchmark Minerals Intelligence, June 17): $US70,875/t (0.0% weekly)
Oil (WTI): $US119.52 (-0.58%)
Oil (Brent): $US114.60 (+0.41%)
Iron 62pc Fe: $US133.47 (-1.67%)
AUD/USD: 0.6967 (-0.06%)
Bitcoin: $US20.949 (+2.69%)
WHAT GOT YOU TALKING YESTERDAY?
• CBA says level of pressure on lithium supply is huge out to 2030
• High lithium prices could be the catalyst for new battery chemistries
• @CoreLithium $CXO progresses development of Finnis project in the NT
https://t.co/tTyiCL7qKU— Stockhead (@StockheadAU) June 21, 2022
To keep up to date with Stockhead coverage, 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 at 10.20am each day for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.
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.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| PRM | Prominence Energy | 0.002 | 100% | 35,650,910 |
| WBE | Whitebark Energy | 0.0015 | 50% | 2,395,910 |
| LDR | Lode Resources | 0.22 | 47% | 15,254,790 |
| BIR | BIR Financial Ltd | 0.028 | 40% | 475,528 |
| RGS | Regeneus Ltd | 0.065 | 30% | 200,062 |
| 1ST | 1St Group Ltd | 0.005 | 25% | 175,841 |
| MBK | Metal Bank Ltd | 0.005 | 25% | 100,000 |
| PIL | Peppermint Inv Ltd | 0.01 | 25% | 334,000 |
| LIO | Lion Energy Limited | 0.037 | 23% | 2,907,080 |
| PV1 | Provaris Energy Ltd | 0.049 | 23% | 1,433,452 |
| KWR | Kingwest Resources | 0.071 | 22% | 1,555,265 |
| CRB | Carbine Resources | 0.017 | 21% | 789,530 |
| DW8 | DW8 Limited | 0.018 | 20% | 6,945,898 |
| BTN | Butn Limited | 0.12 | 20% | 156,533 |
| DXN | DXN Limited | 0.006 | 20% | 20,811,635 |
| LSA | Lachlan Star Ltd | 0.012 | 20% | 12,983,208 |
| DEX | Duke Exploration | 0.085 | 20% | 136,967 |
| M2R | Miramar | 0.089 | 19% | 462,053 |
| SRK | Strike Resources | 0.13 | 18% | 481,664 |
| AYA | Artrya Ltd | 0.57 | 18% | 73,852 |
| CG1 | Carbonxt Group | 0.175 | 17% | 25,000 |
| OLY | Olympio Metals Ltd | 0.14 | 17% | 7,856 |
| TYM | Tymlez Group | 0.021 | 17% | 125,844 |
| FAU | First Au Ltd | 0.014 | 17% | 1,735,284 |
| KFE | Kogi Iron Ltd | 0.007 | 17% | 2,445,256 |
Yesterday’s hero of the dish is Lode Resources (ASX:LDR) which announced a bunch of hits including 2.9m at 1,126g/t silver eq, at its ‘Tangoa West’, part of a larger 26.7m intersection grading ~400g/t silver eq from ~300m. The share price took off in response as old hands gleamed what the assays imply.
LDR listed halfway through last year touting three key digs in the mineral-rich but underexplored and not quite as famous New England Fold Belt in New South Wales, the northern little bro of the famed Lachlan Fold Belt.
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.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| BCB | Bowen Coal Ltd | 0.185 | -46% | 20,005,262 |
| INV | Investsmart Group | 0.16 | -33% | 144 |
| ANL | Amani Gold Ltd | 0.001 | -33% | 1,115,000 |
| CAY | Canyon Resources Ltd | 0.061 | -30% | 8,440,187 |
| RAP | Resapp Health Ltd | 0.125 | -29% | 21,334,829 |
| T3D | 333D Limited | 0.0015 | -25% | 125,195 |
| TKL | Traka Resources | 0.006 | -25% | 2,117,249 |
| LKE | Lake Resources | 1.025 | -24% | 44,366,798 |
| SMS | Star Minerals | 0.1 | -23% | 25,000 |
| OPL | Opyl Limited | 0.037 | -23% | 664,981 |
| SMR | Stanmore Resources | 1.54 | -22% | 11,341,429 |
| PO3 | Purifloh Ltd | 0.23 | -21% | 20,449 |
| AMD | Arrow Minerals | 0.002 | -20% | 3,263,341 |
| GGX | Gas2Grid Limited | 0.002 | -20% | 300,000 |
| RR1 | Reach Resources Ltd | 0.004 | -20% | 4,755,750 |
| WGR | Western Gold Resources | 0.084 | -20% | 16,000 |
| PKD | Parkd Ltd | 0.025 | -19% | 336,160 |
| EQE | Equus Mining Ltd | 0.11 | -19% | 32,514 |
| SMX | Security Matters | 0.086 | -18% | 30,000 |
| NSX | NSX Limited | 0.029 | -17% | 205,868 |
| CML | Chase Mining | 0.015 | -17% | 4,948,538 |
| DCX | Discovex Res Ltd | 0.005 | -17% | 11,837,714 |
| ROG | Red Sky Energy. | 0.005 | -17% | 2,281,042 |
| AHN | Athena Resources | 0.021 | -16% | 21,334,553 |
| DCN | Dacian Gold Ltd | 0.081 | -16% | 12,221,163 |
