On Stockhead today, Guy Le Page on Chalice, gold and other miracles, Eunice Wong’s latest 33x returns, and who else is scouring Julimar?

 

But first … the day ahead.

TRADING HALTS

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

Thursday

Alice Queen (ASX:AQX) – scoping study
Westar Resources (ASX:WSR) – capital raising
Bowen Coking Coal (ASX:BCB) – capital raising
Liontown Resources (ASX:LTR) – DFS study and downstream scoping study
Alto Metals (ASX:AME) – capital raising
Global Energy Ventures (ASX:GEV) – capital raising
Peppermint Innovation (ASX:PIL) – capital raising

Friday

Lepidico (ASX:LPD) – company update
ArchTIS (ASX:AR9) – capital raising
Greenland Minerals (ASX:GGG) – regulatory update
Latrobe Magnesium (ASX:LMG) – capital raising
Nitro Software (ASX:NTO) – capital raising and acquisition

 

MARKETS (updated at 7.30am AEDT)

Gold: $US1,846.67 ($2,518.46) (+0.83%)

Silver: $US24.56 ($33.49) (+1.18%)

Oil (WTI): $US81.17 (-3.54%)

Oil (Brent): $US82.42 (-2.78%)

Coal: $US158.50 (-2.16%)

Iron 62pc Fe: $US92.19 (+0.23%)

AUD/USD: $US0.7332 (-0.61%)

Bitcoin: $US66,746.53 ($91,027.92) (-0.03%)

 

WHAT GOT YOU TALKING YESTERDAY?

A veteran move.

And over in the US, Rivian starts trading after the electric vehicle-maker raised about $11.9 billion in the biggest IPO of the year. If the rumours be true, this little battler — JIMCO — could turn an initial $US100k investment  into $8.2bn.

 

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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 WINNERS

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

Lithium play Green Technology Metals (ASX:GT1) became the latest ASX IPO to surge higher on debut.

The company has three lithium projects in Ontario, Canada in JV with gold explorer Ardiden (ASX:ADV).

Nanocap explorer Metals Australia (ASX:MLS) ticked higher on strong volumes, after announcing that rockchip sampling had revealed high grades of lithium, tantalum and caesium.

MLS said the results confirmed a “major new LCT pegmatite discovery” at its Manindi project, located in the Youanmi region of WA.

Another big winner was hydrogen investment company Renu Energy (ASX:RNE), which announced plans to acquire Countrywide Renewable Hydrogen (CRH).

Fintech player Douugh (ASX:DOU) jumped by around 30% on no news, a day after flagging 42% monthly growth in US customers for its financial management app.

Virtual and augmented reality stock Vection Technologies (ASX:VR1) released a trading update which showed steady growth in its total contract value across a varied customer base.

 

YESTERDAY’S LOSERS

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

A friendly takeover will see kaolin tech joint venture partners Andromeda Metals (ASX:ADN) and Minotaur (ASX:MEP) combine.

The unanimously recommended off-market takeover offer (1.15 new Andromeda shares offered for every 1 Minotaur share) values Minotaur at $108m, or 20.8 cents per share – a 59.8% premium to last close.

MEP surged but $435m market cap ADN didn’t fare as well, falling 17.5% for the day.