On Stockhead today, Guy le Page is back for 2022, carbon offset prices could increase 50-fold and SpaceX engineers reinvent cargo rail.

But first, the day ahead.

BHP’s unification moved a step closer yesterday afternoon after Australian proxies overwhelming voted in favour of the move to combine its British and Australian entities, with around 96% supporting the resolutions posed at a general meeting.

The 1-for-1 share issue would see BHP Group become a $220 billion company, making up around 10% of the value of the ASX 200.

Listing on the ASX today is Orexplore Technologies (ASX:OXT), spun out onto the ASX as part of its owner Swick’s (ASX:SWK) merger with DDH1 Drilling (ASX:DDH). The company’s key business is a mobile x-ray machine which can scan a metre of drill core in 15 minutes.

Orexplore will begin trading at noon AEDT.

 

TRADING HALTS

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

Triangle Energy (ASX:TEG) — ASX price query
DXN Ltd (ASX:DXN) – ASX price query
Alice Queen (ASX: AQX) – cap raise
BlackEarth Minerals (ASX:BEM) – cap raise
Arovella Therapeutics (ASX: ALA) – cap raise
Askari Metals Limited (ASX: AS2) – acquisition and cap raise
Argonaut Resources (ASX: ARE) – announcement on Zambian assets
Telix Pharmaceuticals (ASX: TLX) – cap raise

 

MARKETS (prices updated at 7.30am AEDT)

Gold: $US1836.94 ($2,537.93 (-0.16%)

Silver: $US24.19 (+0.30%)

Oil (WTI): $US86.79 (-0.20%)

Oil (Brent): $US88.20 (-0.27%)

Coal: $US223.10 (+0.95%)

Iron 62pc Fe: $US127.41 (-0.05%)

AUD/USD: $US0.7235 (+0.33%)

Bitcoin: $US42,190 ($58,315) (+0.37%)

 

WHAT GOT YOU TALKING YESTERDAY?

Because we never got to enjoy Victorian-era England, Scott Morrison suggested children could drive forklifts to ease the labour shortage.

It took less than a day for the State Premiers who actually run the country to knock that idea back. Morrison said it “came from industry” and will go no further.

In small cap world Arizona Lithium’s (ASX:AZL) Big Sandy project was on your mind.

 

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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

(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 0.002 100.0% 2,092,194
NC1 Nicoresourceslimited 0.59 63.9% 11,712,143
1MC Morella Corporation 0.037 60.9% 198,050,951
DXN DXN Limited 0.009 50.0% 37,716,973
RXL Rox Resources 0.51 41.7% 5,838,824
KFM Kingfisher Mining 0.3375 40.6% 2,058,750
SBR Sabre Resources 0.0055 37.5% 60,610,049
ANL Amani Gold Ltd 0.002 33.3% 13,463,538
OEX Oilex Ltd 0.004 33.3% 27,512
VMG VDM Group Limited 0.002 33.3% 2,000,363
REE Rarex Limited 0.13 30.0% 15,591,964
DAF Discovery Alaska Ltd 0.039 30.0% 68,850
TEG Triangle Energy Ltd 0.018 28.6% 76,135,879
ASO Aston Minerals Ltd 0.16 28.0% 20,675,430
BEZ Besragoldinc 0.14 27.3% 155,228
CRR Critical Resources 0.14 27.3% 44,233,894
JAV Javelin Minerals Ltd 0.0025 25.0% 6,100,000
MLS Metals Australia 0.0025 25.0% 17,412,333
PG1 Pearl Global Ltd 0.026 23.8% 2,296,069
CMX Chemxmaterials 0.29 23.4% 3,035,558
AAJ Aruma Resources Ltd 0.12 22.4% 5,538,503
EMH European Metals Hldg 1.695 21.9% 1,493,643
AUK Aumake Limited 0.017 21.4% 5,647,450
WWI West Wits Mining Ltd 0.043 19.4% 13,766,868
WIN Widgienickellimited 0.375 19.0% 4,431,248
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Rox Resources (ASX:RXL) and its junior JV partner Venus Metals Corporation (ASX:VMC) were up big after increasing the resource at their Youanmi project in WA by 1.34Moz to 3Moz.

New battery metals play NiCo Resources (ASX:NC1) continued its red-hot start to listed life, surging higher again following a successful IPO on Wednesday where the stock almost doubled on debut.

At just under 60c NC1 is now up almost 200% from its IPO price inside 48, as excited investors back the company to develop its Wingellina nickel/cobalt project.

It was spun out of Metals X (ASX:MLX) which has shifted its sole focus to the Renison tin mine in Tasmania.

Verification sampling carried out by Critical Resources (ASX:CRR) has confirmed the high-grade nature of its Mavis Lake lithium project, returning assays of up to 3.06% lithium oxide.

 

YESTERDAY’S LOSERS

(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
ECG Ecargo Hldg 0.03 -23.1% 136,922
ICL Iceni Gold 0.14 -22.2% 1,683,548
CGB Cann Global Limited 0.002 -20.0% 2,454,500
IEC Intra Energy Corp 0.014 -17.6% 4,291,608
LCT Living Cell Tech. 0.005 -16.7% 1,927,117
MHI Merchant House 0.082 -16.3% 2,174
ADX ADX Energy Ltd 0.008 -15.8% 56,226,745
CVN Carnarvon Energy Ltd 0.3 -13.0% 13,213,659
99L 99 Loyalty Ltd. 0.027 -12.9% 347,688
CLE Cyclone Metals 0.0035 -12.5% 3,315,388
E33 East 33 Limited. 0.16 -11.1% 295,558
AFW Applyflow Limited 0.004 -11.1% 2,982
AO1 Assetowl Limited 0.004 -11.1% 550,000
LPI Lithium Pwr Int Ltd 0.735 -10.9% 20,138,052
BMM Balkanminingandmin 0.5 -10.7% 170,178
CTQ Careteq Limited 0.125 -10.7% 493,153
TGN Tungsten Min NL 0.125 -10.7% 1
MRC Mineral Commodities 0.17 -10.5% 669,154
GTE Great Western Exp. 0.13 -10.3% 100,000
8IH 8I Holdings Ltd 0.18 -10.0% 63,872
IOU Ioupay Limited 0.27 -10.0% 7,114,577
M2R Miramar 0.18 -10.0% 150,000
TSN The Sust Nutri Grp 0.18 -10.0% 164,360
BUY Bounty Oil & Gas NL 0.009 -10.0% 6,826,110
SNZ Summerset Grp Hldgs 11.18 -9.9% 11,653
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Lithium Power International’s (ASX:LPI) advanced definitive feasibility study (DFS) into the ‘Maricunga’ lithium brine project was punished by investors.

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