Coming up on Stockhead today, global giant Abermarle begins its $1bn build of Australia’s biggest lithium plant, hydrogen cars are coming, and are thermal batteries the new lithium-ion batteries?

But first, here’s what you need to know right now:


The day ahead in data

Not much, aside from Reserve Bank of Australia data on private sector credit.


Company news

Be prepared for a heap of escrowed shares to be released today. Watch out for these companies:

  • Atrum Coal (ASX:ATU), 19.7m
  • Exore Resources (ASX:ERX), 90m
  • Koppar Resources (ASX:KRX), 1.2m
  • Marley Spoon (ASX:MMM), 2.1m
  • Pacific Star Network (ASX:PNW), 40m

And there are a whopping nine companies that may coming out of a trading halt:

  • Aguia Resources (ASX:AGR), capital raising
  • Silver Mines (ASX:SVL), capital raising
  • Technology Metals (ASX:TMT), resource update
  • Otto Energy (ASX:OEL), capital raising
  • Gladiator Resources (ASX:GLA), acquisition
  • Sunbridge Group (ASX:SBB), assess the impact of a prior year adjustment
  • Stemify (ASX:SF1), capital raising
  • Ausmex Mining Group (ASX:AMG), capital raising
  • Navarre Minerals (ASX:NML), capital raising


Gold: $USD1292.31 -1.38%

Silver: $USD14.98 -1.74%

Oil (Brent): $USD67.74 +0.01%

Oil (WTI): $USD59.24 -0.08%

Coal: $USD87.23 -2.32%

Iron ore 62% fe: $USD85.72 -0.09%

AUD/USD: $USD0.7074

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What got you talking yesterday

News that Gooroo Ventures (ASX:GOO) had signed a deal with Microsoft sent its shares and chatter on the Stockhead Facebook chat forum flying.

Member Matt Tattis wonders, “another LiveTiles (ASX:LVT)?”

These were the five most-discussed stocks on trading gossip forum HotCopper at close on Thursday:

Leigh Creek Energy (ASX:LCK) yesterday announced that it has a gas reserve as big as the Cooper Basin, which excited the heck out of investors.



Yesterday’s winners

No surprises that Gooroo Ventures was one of them. The company closed up 49 per cent to 9c.

Phase 1 of the Microsoft deal — set to be completed by 30 June — will see Microsoft pay Gooroo to test its career-planning software with a number of Microsoft’s partner universities.

Gooroo’s technology uses artificial intelligence and neuroscience to help determine where a student’s skills and interests are best-suited.

Odin Metals (ASX:ODM) has been jumping around lately and was up 33 per cent to 14c, after updating the market yesterday on drilling results at its joint venture project in Silver Swan North.

The day’s biggest winner though ended up being Argosy Minerals (ASX:AGY), which closed up 65 per cent to 16c.

The company announced Japanese giant Mitsubishi, which is active in a range of industries, not just cars, would buy Argosy’s lithium carbonate product.

ASX code Company Name Price Percentage Change Market Cap Volume
GTE Great Western Exploration Ltd 0.005 67% $4,800,000 3.5M
AGY Argosy Minerals Ltd 0.16 65% $145,800,000 22.5M
CLZ Classic Minerals Ltd 0.002 50% $4,500,000 2.5M
MRD Mount Ridley Mines Ltd 0.002 50% $3,500,000 2.5M
SHK Stone Resources Australia Ltd 0.003 50% $2,400,000 1.7M
GOO Gooroo Ventures Ltd 0.09 49% $8,900,000 11.1M
SRZ Stellar Resources Ltd/Australi 0.015 36% $5,700,000 781.5k
GGX Gas2Grid Ltd 0.004 33% $4,600,000 200.0k
TMX Terrain Minerals Ltd 0.004 33% $2,600,000 17.0M
ODM Odin Metals Ltd 0.14 33% $21,500,000 96.2k
PKO Peako Ltd 0.03 32% $1,800,000 51.0k
REF Reverse Corp Ltd 0.02 29% $2,000,000 9.1k
WZR Wisr Ltd 0.08 27% $43,300,000 4.8M
QGL Quantum Graphite Ltd 0.003 25% $18,900,000 500.0k
SCI Silver City Minerals Ltd 0.01 25% $2,900,000 407.8k
SMI Santana Minerals Ltd 0.005 25% $3,000,000 3.4M
OAR Oakdale Resources Ltd 0.02 21% $2,900,000 41.5k
AYR Alloy Resources Ltd 0.003 20% $4,700,000 1.5M
GBZ GBM Resources Ltd 0.01 20% $6,500,000 925.6k
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Yesterday’s losers

There were plenty of falls yesterday but mostly among minnows with little news moving shares in a big way.

Leigh Creek dropped 18 per cent yesterday to close at 34c.

ASX code Company Name Price Percentage Change Market Cap Volume
NGY NuEnergy Gas Ltd 0.014 -48% $20,700,000 550.0k
VPR Volt Power Group Ltd 0.001 -33% $8,200,000 30.5M
PMY Pacifico Minerals Ltd 0.004 -33% $8,200,000 7.9M
MNC Metminco Ltd 0.002 -33% $2,400,000 1.5M
MLS Metals Australia Ltd 0.002 -33% $5,400,000 161.6M
BIR BIR Financial Ltd 0.11 -27% $8,800,000 1.9k
TPD Talon Petroleum Ltd 0.003 -25% $5,000,000 5.0M
CZN Corazon Mining Ltd 0.003 -25% $3,800,000 465.7k
PGY Pilot Energy Ltd 0.013 -24% $1,000,000 18.0k
FNT Frontier Resources Ltd 0.007 -22% $3,400,000 2.2M
TAR Taruga Minerals Ltd 0.05 -22% $7,100,000 278.0k
FHS Freehill Mining Ltd 0.015 -21% $12,100,000 1.8M
VAL Valor Resources Ltd 0.002 -20% $3,800,000 8.1M
PCL Pancontinental Oil & Gas NL 0.002 -20% $10,800,000 1.8M
MZN Marindi Metals Ltd 0.004 -20% $7,900,000 3.5M
GGE Grand Gulf Energy Ltd 0.004 -20% $3,100,000 84.0k
DRE Dreadnought Resources Ltd 0.002 -20% $1,300,000 37.1k
CT1 CCP Technologies Ltd 0.008 -20% $3,600,000 1.3M
LCK Leigh Creek Energy Ltd 0.34 -18% $174,900,000 46.4M
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That’s all you need to know. Go go go!