On Stockhead today, is geothermal lithium the zero-carbon production grail, how Red 5 will soon become a mid-tier miner, and who’s ready for reopening trade V2.0?
But first … the day ahead.
The RBA’s monetary policy decision will be in focus today as the bank’s board convenes for its monthly meeting.
Although the market is expecting interest rate to remain intact at 0.1%, pressure is mounting for the bank to defer the tapering of asset purchases announced last month.
The CBA predicts that tapering will now start in December, as opposed to October announced previously.
The RBA’s announcement will be released to the market at 2:30pm today.
And for the oilies and nu-metal fans in Perth, there are two days of glorious conferences at the Hyatt Regency coming up. On Wednesday, it’s time for the annual RIU Good Oil and Gas Energy Conference. And Thursday sees the Hyatt host the New World Metals Investment Day.
TRADING HALTS
Tuesday
TNT Mines (ASX:TIN) – project acquisition
Aruma Resources (ASX:AAJ) – capital raising
Sacgasco (ASX:SGC) – acquisition
DUG Technology (ASX:DUG) – capital raising
Jadar Resources (ASX:JDR) – project acquisitions
Wednesday
Polymetals Resources (ASX:POL) – impact on Guinea tenements
Epsilon Healthcare (ASX:EPN) – long term corporate partnership
Hannans (ASX:HNR) – joint venture
Greenwing Resources (ASX:GW1) – capital raising
Mincor Resources (ASX:MCR) – capital raising
Galileo Mining (ASX:GAL) – capital raising
Okapi Resources (ASX:OKR) – drilling results
Strategic Energy Resources (ASX:SER) – capital raising
Norwest Energy (ASX:NWE) – drilling update
1st Group (ASX:1ST) – capital raising
Matermyne (ASX:MYE) – acquisition
MARKETS
Gold: $US1,823.12 ($2,451.09) (+0.17%)
Silver: $US24.67 ($33.17) (-0.06%)
Oil (WTI): $US68.83 (-0.66%)
Oil (Brent): $US72.27 (-0.47%)
Coal: $US179.00 (+0.85%)
Iron 62pc Fe: $US144.83 (+3.05%)
AUD/USD: $US0.7434 (-0.27%)
Bitcoin: $US51,944 (+0.62%)
WHAT GOT YOU TALKING YESTERDAY?
Albion Resources’ (ASX:ALB) trading suspension after becoming the target of an alleged Telegram ‘pump and dump’ group…
And military coups…
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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 WINNERS
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| EFE | Eastern Iron | 0.029 | 123 | 383730380 |
| PCL | Pancontinental Oil | 0.0015 | 50 | 547998 |
| AUH | Austchina Holdings | 0.008 | 45 | 87427293 |
| AAJ | Aruma Resources Ltd | 0.12 | 41 | 7821019 |
| OAK | Oakridge | 0.002 | 33 | 548006 |
| OEX | Oilex Ltd | 0.004 | 33 | 500197 |
| WOO | Wooboard Tech Ltd | 0.002 | 33 | 3237404 |
| ENR | Encounter Resources | 0.25 | 32 | 5354600 |
| AGE | Alligator Energy | 0.059 | 31 | 108444315 |
| MMI | Metro Mining Ltd | 0.023 | 28 | 53277024 |
| VIA | Viagold Rare Earth | 0.053 | 26 | 13 |
| EME | Energy Metals Ltd | 0.29 | 26 | 237195 |
| GGE | Grand Gulf Energy | 0.03 | 25 | 21328277 |
| EN1 | Engage:Bdr Limited | 0.005 | 25 | 9481330 |
| ATC | Altech Chem Ltd | 0.068 | 24 | 21845835 |
| PAK | Pacific American Hld | 0.021 | 24 | 8527560 |
| AZY | Antipa Minerals Ltd | 0.058 | 23 | 58207857 |
| AFR | African Energy Res | 0.044 | 22 | 944386 |
| TIG | Tigers Realm Coal | 0.018 | 20 | 17479175 |
| VAL | Valor Resources Ltd | 0.018 | 20 | 189760076 |
| KEY | KEY Petroleum | 0.003 | 20 | 366335 |
| MOZ | Mosaic Brands Ltd | 0.545 | 20 | 690121 |
| CLA | Celsius Resource Ltd | 0.031 | 19 | 5075367 |
Eastern Iron (ASX:EFE) unveiled an MOU to acquire and develop lithium projects.
Encounter Resources (ASX:ENR) climbed off the back of drilling results.
Mosaic Brands (ASX:MOZ) rose after unveiling a $32 million capital raising.
YESTERDAY’S BIGGEST LOSERS
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| PUR | Pursuit Minerals | 0.045 | -24 | 38311369 |
| BBT | Bluebet Holdings Ltd | 1.935 | -22 | 8055192 |
| CGB | Cann Global Limited | 0.004 | -20 | 211002085 |
| VIC | Victory Mines Ltd | 0.002 | -20 | 10458650 |
| PDI | Predictive Disc Ltd | 0.11 | -17 | 24050996 |
| RMI | Resource Mining Corp | 0.015 | -17 | 401989 |
| WEC | White Energy Company | 0.1 | -17 | 135000 |
| STM | Sunstone Metals Ltd | 0.022 | -15 | 38193212 |
| LIN | Lindian Resources | 0.023 | -15 | 5521307 |
| NCL | Netccentric Ltd | 0.115 | -15 | 6500 |
| KNI | Kunikolimited | 2.29 | -15 | 3152227 |
| PUA | Peak Minerals Ltd | 0.018 | -14 | 2804723 |
| SCL | Schrole Group Ltd | 0.009 | -14 | 1000000 |
| 9SP | 9 Spokes Int Limited | 0.012 | -14 | 2112461 |
| TSC | Twenty Seven Co. Ltd | 0.003 | -14 | 125000 |
| XST | Xstate Resources | 0.003 | -14 | 8626090 |
| CAG | Caperangeltd | 0.38 | -14 | 154668 |
| EQR | Eq Resources Limited | 0.045 | -13 | 3706353 |
| RWD | Reward Minerals Ltd | 0.13 | -13 | 123473 |
| COY | Coppermoly Limited | 0.013 | -13 | 138300 |
| DLC | Delecta Limited | 0.007 | -13 | 24095281 |
| SKS | SKS Tech Group Ltd | 0.175 | -13 | 54203 |
| ADR | Adherium Ltd | 0.015 | -12 | 516344 |
Bluebet (ASX:BBT) fell after telling shareholders it withdrew its application for a sports betting licence in Virginia.