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).

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