Rise and Shine: What you need to know before the ASX opens

On Stockhead today, your super has its best year since 1987, a look at the future of mining services firms, and how to make money at Bunnings.
But first … the day ahead.

Scheduled to list at 1:30pm (AEST) is explorer Resource Base Limited (ASX:RBX), followed by Western Mines Group (ASX:WMG) at 2pm (AEST).

And listing at 3pm (AEST) is Aerison Group Ltd (ASX:AE1) – an industrial services provider to the minerals and mining, oil and gas, infrastructure and power generation industries.

TRADING HALTS

The following companies are in trading halts and are expected to exit over the next two trading days:

Monday

KneoMedia (ASX:KNM) – capital raising
Sayona Mining (ASX:SYA) – capital raising
Food Revolution Group (ASX:FOD) – management change
Okapi Resources (ASX:OKR) – capital raising
Talon Energy (ASX:TPD) – project update
BMG Resources (ASX:BMG) – capital raising
Rural Funds (ASX:RFF) – capital raising

Tuesday

Elsight (ASX:ELS) – distribution agreement

MARKETS

Gold: $US1,808.11 ($2,414.60) (+0.31%)

Silver: $US26.08 ($34.83) (+0.67%)

Oil (WTI): $US74.60 (+0.05%)

Oil (Brent): $US75.57 (+1.96%)

Coal: $US136.73 (+0.54%)

Iron 62pc Fe: $US215.78 (-0.25%)

AUD/USD: $US0.7482 (-0.01%)

Bitcoin: $US34,158.34 (+2.14%)

WHAT GOT YOU TALKING LAST WEEK

Algorand’s plans to build an all-purpose platform for smart contracts.

A really nice write-up/interview re. Algorand:https://t.co/rG5RGM1jxv

— Patrick Bennett (@patrickbennett) July 9, 2021

And the #bartyparty at Wimbledon…

Another big moment in Australian sporting history @meljones_33 @ashbarty #BartyParty pic.twitter.com/07WPGHvkam

— Isa Guha (@isaguha) July 10, 2021

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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.

LAST WEEK’S WINNERS

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

New Metals (ASX:NME) +108%

Bonanza gold grades of up to 1m grading 91.2 grams per tonne (g/t) at the Kookynie project proved popular with punters.

Operating partner Metalicity believing the tenure and extent of mineralisation uncovered by drilling to date bodes well for future resource estimates also added to the excitement.

Further assays from the drilling are pending.

Fertoz (ASX:FTZ) +94%

Organic phosphate development company Fertoz is accelerating development of its Carbon division, which will focus on carbon sequestration, consulting activities, trading and implementation of carbon strategies using its organic fertilisers.

To fund this push, the company has received support from sophisticated and professional investors for a placement of 33.3 million shares priced at 15c each to raise $5m.

Significantly, the placement price represents a discount of just 0.6% to the 15-day volume weighted average price of Fertoz’s shares.

Petratherm (ASX:PTR) +55%

Defining a new 2km by 800m gold anomaly at the Comet Ridge project in South Australia proved to be a winner for Petratherm.

The company will carry out infill sampling over the new prospective zone before follow-up drill testing.

Petratherm will use a portion of the $147,500 grant funding from the South Australian government to co-fund the infill sampling work.

LAST WEEK’S LOSERS

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

Caspin Resources (ASX:CPN) -44%

Despite intersecting broad zones of anomalous sulphide-hosted platinum group elements at its Yarawindah Brook project, shares in Caspin were down 44% this week.

The company said the results validated its geological model and provided a clear target for follow-up exploration.