On Stockhead today, hydrogen aspirant Lion Energy’s take on things, a new copper play for the Lachlan Fold gang, and SA’s record-breaking potential.

But first… the day ahead.




QX Resources (ASX:QXR) – capital raising
Netlinkz (ASX:NET) – capital raising
HeraMED (ASX:HMD) – commercial partnership
Alterra (ASX:1AG) – capital raising


Creso Pharma (ASX:CPH) – acquisition target



Gold: $US1,815.34 ($2,348.43) (-1.18%)

Silver: $US27.02 ($34.95) (-2.21%)

Oil (WTI): $US65.73 (+0.69%)

Oil (Brent): $US68.97 (+0.61%)

Coal: $US99.50 (+2.58%)

Iron 62pc Fe: $US218.38 (+1.44%)

AUD/USD: $US0.7725 (-1.50%)

Bitcoin: $US54,697.16 (-3.67%)



Interesting theory.

Also, it might be time to gird thy loins.

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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.



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To get an idea on where the money is moving in markets this week, the top four stocks today all had the word “resources” in their name.

Leading the pack was Helix (ASX:HLX), which almost tripled following a big copper strike at its project in NSW.

Helix’s JV partner Aeris Resources (ASX:AIS) gained ~32%.

Also doubling up was Carpentaria Resources (ASX:CAP), which announced a deal with Pure Metals Pty Ltd (PM) to acquire PM’s 24.149% in the Hawsons iron project near Broken Hill, NSW.

The deal clears up a number of obstacles that “to date held up Carpentaria’s efforts to realise the full value of the world class project”, the company said.



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

Following a sharp run up over the past month, graphite project developer Walkabout Resources (ASX:WKT) sank +31% after eking out $6.4m from instos at a massive 38.5% discount to the last closing price of 32.5c per share.