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?

Coolabah Metals (ASX:CBH)

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.

 

OD6 Metals (ASX:OD6)

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?

 

 

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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.

 

YESTERDAY’S BIGGEST SMALL CAP WINNERS

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

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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.

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