On Stockhead today, Paul Hopper on his new biotech listing this week, 10 tiny but very busy battery metals explorers and Simon Catt’s top sector picks for 2022.

But first … the day ahead.

 

WHO’S LISTING?

RAS Technology Holdings (ASX:RTH) is scheduled to list at 11am AEDT.

RTH, “a provider of premium data, enhanced content and SaaS solutions to the global racing and wagering industries”, raised $29m in an IPO at $1.50 per share.

 

TRADING HALTS

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

Tuesday

Nova Minerals (ASX:NVA) – Snow Lake Resources IPO update
Red River Resources (ASX:RVR) – judgement in TCM royalty dispute
Beam Communications (ASX:BCC) – capital raising
Emyria (ASX:EMD) – capital raising
Schrole Group (ASX:SCL) – capital raising
Buru Energy (ASX:BRU) – results of wireline log evaluation
Tamboran Resources (ASX:TBN) – capital raising

Wednesday

MinRex Resources (ASX:MRR) – acquisition
Sovereign Cloud Holdings (ASX:SOV) – capital raising
Jameson Resources (ASX:JAL) – capital raising
Magnetic Resources (ASX:MAU) – capital raising
Delorean (ASX:DEL) – material contract tender
Horizon Minerals (ASX:HRZ) – transaction of Richmond Vanadium stake

 

MARKETS (updated at 7.30am AEDT)

Gold: $US1,803.71 ($2,497.05) (-2.22%)

Silver: $US24.15 ($33.43) (-1.78%)

Oil (WTI): $US76.56 (+0.82%)

Oil (Brent): $US79.50 (+0.77%)

Coal: $US152.50 (-0.00%)

Iron 62pc Fe: $US93.39 (-0.81%)

AUD/USD: $US0.7222 (-0.11%)

Bitcoin: $US56,271.94 ($77,902.82) (-5.28%)

 

WHAT GOT YOU TALKING YESTERDAY?

Everyone loves a good expert stock tip (or 10).

 

And a beautiful shot of what AIC Mines’ (ASX:A1M) are mining at the recently acquired  ‘Eloise’ copper mine.

Eloise is a high-grade operating underground mine in North Queensland which has produced 339,000t of copper and 167,000oz of gold since production kicked off in 1996.

Current annual production is ~40,000t of high-quality copper concentrate containing ~11,000t of copper and 6,000oz of gold. The mine made a net profit of $19m from revenues of $133m in FY21.

 

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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.

E2 METALS (ASX:E2M) basked in the glow of a monster gold hit in early drilling at the new ‘Andrea Sur’ discovery, part of the Conserrat project in underexplored Argentina. The highlight 16m grading 15g/t gold, 22g/t silver intercept came from just 31m depth.

Latest drilling results from RAREX’s (ASX:REE) flagship Cummins Range rare earths project in WA has pulled up a “world class intercept” of 109m at 1.6% TREO. Other highlights include 3m at 10.6% TREO, including 1.8% high value NdPr.

INDOOR SKYDIVE AUSTRALIA (ASX:IDZ) continued its recent rally after announcing the launch of its fourth ‘FREAK’ gaming entertainment centre in Macquarie shopping centre in Sydney.

A private fund owned by the Forrest family, Tattarang, has invested $5m to take a 7.3% stake in cannabis company, EMYRIA LIMITED (ASX:EMD).

AI chip producer BRAINCHIP (ASX:BRN) announced that MegaChips – a pioneer in the Application Specific Integrated Circuit (ASIC) industry – has entered into a four-year licence agreement for the BrainChip Akida IP.

Drilling by advanced explorer POSEIDON NICKEL (ASX:POS) intersected 13.6m of massive nickel sulphides.

And near term lithium project developer PROSPECT RESOURCES (ASX:PSC) “has received seven non-binding proposals for the advancement of Arcadia from a range of international parties, encompassing structures including development joint venture, offtake prepayment debt funding and outright acquisition of Prospect’s interest in Arcadia [project]”.

 

YESTERDAY’S LOSERS

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

MPOWER (ASX:MPR) dropped off the back of a capital raising.

Tech stock SENSERA (ASX:SE1) fell after unveiling a plan to sell its sole operating business, a move which the company admitted would likely lead to its ASX suspension for some months with entry only possible if and when it found a new business.