On Stockhead today, Guy Le Page runs the ruler over battered lithium play Vulcan, October’s top 50 miners and explorers and Renergen gets a 620pc helium lift.

But first, the day ahead.

Today in economic data, look out for the International trade balance and retail sales for September.

In IPOs, the ASX will welcome Vulcan Steel (ASX:VSL). This company is a steel distributor which has no relation to the “other” Vulcan.




Alvo Minerals (ASX:ALV) – exploration update
Berkeley Energia (ASX:BKY) – claim made by OIA
MetalsTech (ASX:MTC) – acquisition


Emu (ASX:EMU) – capital raising
Fiji Kava (ASX:FIJ) – acquisition
E&P Financial (ASX:EP1) – legal proceedings


MARKETS (prices updated 7.30am AEDT)

Gold: $US1,772.16 ($2,377.19) (-0.84%)

Silver: $US22.53 ($30.22) (+0.05%)

Oil (WTI): $US79.93 (-4.74%)

Oil (Brent): $US81.28 (-4.06%)

Coal: $US158.30 (+11.64%)

Iron 62pc Fe: $US99.35 (-0.05%)

AUD/USD: $US0.7454 (+0.34%)

Bitcoin: $US62,935.66 ($84,422.46) (-0.74%)



You’d be forgiven for missing this week’s round of IPOs with Melbourne Cup week. But this week’s were among the best of the year.

Step One (ASX:STP) gained over 70% on its opening day.

Then on Tuesday, engineering service provider RemSense Technologies (ASX:REM) had a sizzling hot debut gaining 165%.

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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.



(Stocks highlighted in yellow rose after making announcements during the trading day).

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

Code Company Price % Volume
WOO Wooboard Tech Ltd 0.002 100% 14,160,128
LVE Love Group Global 0.12 50% 179,617
RLT Renergen Limited 3.65 30% 1,031,767
FRS Forrestaniaresources 0.5 28% 3,403,265
MEM Memphasys Ltd 0.076 27% 11,011,517
AM7 Arcadia Minerals 0.25 25% 12,892,383
ANL Amani Gold Ltd 0.0025 25% 5,582,679
ARO Astro Resources NL 0.005 25% 700,000
NTL New Talisman Gold 0.0025 25% 3,830,008
LPD Lepidico Ltd 0.041 24% 146,491,506
CAE Cannindah Resources 0.395 23% 2,052,011
PAR Paradigm Bio. 2.53 23% 7,836,543
PTR Petratherm Ltd 0.058 21% 124,576
FBR FBR Ltd 0.048 20% 76,790,763
AKN Auking Mining Ltd 0.285 19% 1,441,519
S2R S2 Resources 0.19 19% 5,636,482
AZL Arizona Lithium Ltd 0.135 17% 89,420,040
1VG Victory Goldfields 0.205 17% 428,184
GGX Gas2Grid Limited 0.0035 17% 2,184,451
GTG Genetic Technologies 0.007 17% 1,241,713
KEY KEY Petroleum 0.0035 17% 1,325,000
HNR Hannans Ltd 0.051 16% 38,786,680
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Arcadia Minerals (ASX:AM7) held its gains from morning trade amid the ongoing lithium frenzy.

Investors responded to AM7’s decision to acquire three more licences containing JORC resources abutting its ~3,438sqkm ‘Bitterwasser’ lithium project in Namibia.

Also rising strongly was energy stock Renergen (ASX:RLT), which announced a “significant increase” (around 600%) in methane and helium reserves at its flagship Virginia gas project in South Africa.

And healthcare stock Paradigm Biopharmaceuticals (ASX:PAR) closed more than 20% higher, after getting US FDA clearance of its IND (investigational new drug) application.

The approval gives PAR the all-clear to proceed with a Phase 3 trial for PPS/Zilosu — an injectable drug that treats pain associated with knee osteoarthritis.



(Stocks highlighted in yellow fell after making announcements during the trading day).

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

Code Company Price % Volume
NPM Newpeak Metals 0.001 -33.3% 4,462,050
PCL Pancontinental Energ 0.001 -33.3% 4,733,290
BKY Berkeley Energia Ltd 0.22 -31.3% 1,461,939
REM Remsensetechnologies 0.39 -26.4% 5,584,076
OVT Ovato Limited 0.002 -20.0% 797,696
CCE Carnegie Cln Energy 0.0025 -16.7% 6,059,297
EN1 Engage:Bdr Limited 0.0025 -16.7% 5,628,878
AQX Alice Queen Ltd 0.011 -15.4% 12,769,821
KOR Korab Resources 0.044 -15.4% 18,464,020
SRN Surefire Rescs NL 0.011 -15.4% 13,876,959
GEN Genmin 0.14 -15.2% 189,069
TYR Tyro Payments 3.45 -15.0% 8,758,185
ERL Empire Resources 0.011 -14.6% 88,538
AFW Applyflow Limited 0.006 -14.3% 6,138,819
AEV Avenira Limited 0.025 -13.8% 32,780,596
CRL Comet Resources 0.019 -13.6% 24,967,142
SMI Santana Minerals Ltd 0.23 -13.2% 235,756
ECT Env Clean Tech Ltd. 0.02 -13.0% 21,693,566
MEB Medibio Limited 0.007 -12.5% 1,068,000
AR1 Australresources 0.175 -12.5% 10,955,573
BMR Ballymore Resources 0.21 -12.5% 401,226
SHP South Harz Potash 0.14 -12.5% 3,485,855
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Spain-based uranium developer Berkeley Energia (ASX:BKY) was a notable laggard in Wednesday trade, after announcing that it faces a possible courtroom battle. BKY said it had received a claim from the Singapore Mining Acquisition Co Pte Ltd (a subsidiary of the Oman Investment Authority) in connection with a US$65m convertible note.

Singapore Mining says the amount is “immediately payable”, alleging the investment agreement has been “frustrated” and/or a default event has occurred. In response, BKY said it “strongly disputes the allegations and claim made by OIA and is currently seeking legal advice”.