On Stockhead today, PLS doubles its spod auction record, Guy Le Page and Rick Rule agree on uranium, farmers are positive, and other miracles.

But first … the day ahead.



Scheduled to list at 1pm AEST today is explorer Copper Search (ASX:CUS), which raised ~$12m to hunt for big copper-gold deposits in South Australia’s Gawler Craton.

CUS is led by a bunch of former Extract Resources crew, including Peter McIntyre (CEO), Rance Dorrington (CFO), and Martin Spivey.

Extract discovered the world-class ‘Husab’ uranium deposit in Namibia which was ultimately acquired via a takeover for ~$2 billion.



The following companies are in trading halts and are expected out in the next two trading days:


Conico (ASX:CNJ) – capital raising
Resolution Minerals (ASX:RML) – capital raising
Golden Rim Resources (ASX:GMR) – capital raising
Cullen Resources (ASX:CUL) – exploration update
GBM Resources (ASX:GBZ) – capital raising
Corazon Mining (ASX:CZN) – capital raising
HomeCo Daily Needs REIT (ASX:HDN) – capital raising
Hotel Property Investments (ASX:HPI) – capital rising
Uniti (ASX:UWL) – response to media


Vulcan (ASX:VUL) – capital raising
A-Cap Energy (ASX:ACB) – capital raising
Jadar Resources (ASX:JDR) – acquisition



Gold: $US1,804.43 ($2,464.38) (+0.61%)

Silver: $US23.86 ($32.59) (+0.58%)

Oil (WTI): $US70.76 (+0.44%)

Oil (Brent): $US73.86 (+0.48%)

Coal: $US177.50 (-0.06%)

Iron 62pc Fe: $US128.11 (-1.20%)

AUD/USD: $US0.7318 (-0.68%)

Bitcoin: $US46,703.69 (+3.53%)



On July 30, the inaugural Battery Material Exchange auction for spodumene from Pilbara Mineral’s (ASX:PLS) Pilgangoora operation settled at a record-high $US1,250/tonne for a 10,000/t cargo.

That’s well above prevailing market price, and streets ahead of the ~$US380/t spod producers were accepting last year.vIt set the broader market alight.

Guess what just happened?

Insane numbers. How will lithium stocks react today?

To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.

For all you crypto lovers Stockhead’s Coinhead Facebook group is the place to share your views, insights, tips and ideas.

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.



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

Metalhawk (ASX:MHK) rocketed by 265% off the back of a nickel sulphide discovery.

Pot stock Cronos Australia (ASX:CAU) rose after announcing it was merging with CDA Health – a private medical cannabis company based in Queensland.

Recently listed explorer Midas Minerals (ASX:MM1) announced a drilling campaign will get underway soon.

And Nex Metals (ASX:NME) rose after joint venture partner Metalicity (ASX:MCT) unveiled a proposal to combine the two companies.  Nex told its shareholders to take no action at this stage.



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

Rewardle (ASX:RXH) fell after a company update.