On Stockhead today, why work? Earn money playing games instead, 5 stocks riding the oil rally, and a chat with Nickel Mines MD Justin Werner.

But first, the day ahead.

Killi Resources (ASX:KLI) will list on the ASX at 12.30pm AEDT today.

It has some familiar names on board, including chairman Richard Bevan and NED Greg Miles alongside CEO Kathryn Cutler.

The former two are ex-Cassini Resources, where they paid peanuts in 2014 for BHP’s (ASX:BHP) stranded Nebo-Babel nickel-copper sulphide deposit, turning that project into a takeover by OZ Minerals (ASX:OZL) while spinning off their ground near Chalice Mining’s (ASX:CHN) Julimar discovery into Caspin Resources (ASX:CPN) in the process.

Killi is hunting for gold and rare earths in the Tanami Desert. Stockhead’s Emma Davies has all the deets here.

TRADING HALTS

The following companies went into halts on Wednesday and are expected out in the coming days.

Eastern Metals (ASX:EMS) — material drilling result
Zebit (ASX:ZBT) — proposed delisting
Nickel Mines (ASX:NIC) — capital raising
Ardiden Ltd (ASX:ADV) — capital raising

MARKETS (updated at 8.15am AEDT)

Gold: $US1,827 ($2,544) (+0.08%)

Silver: $US23.25 (+0.33%)

Oil (WTI): $US88.95 (-0.56%)

Oil (Brent): $US90.34 (-0.48%)

Coal: $US242 (+1.15%)

Iron 62pc Fe: $US148.83 (-1.85%)

AUD/USD: $US0.7178 (+0.45%)

Bitcoin: $US43,758 (-3.34%)

 

WHAT GOT YOU TALKING YESTERDAY?

2021 Australian of the Year Grace Tame unloaded on the Government.

And EV sales have lithium miners feeling like a child on Christmas morning.

YESTERDAY’S BIGGEST SMALL CAP 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
RFT Rectifier Technolog 0.087 102.3% 149,391,673
WOO Wooboard Tech Ltd 0.0015 50.0% 13,363,667
CPN Caspin Resources 1.03 43.1% 2,302,029
NTL New Talisman Gold 0.002 33.3% 67,376
MTM Mt Monger Resources 0.21 23.5% 3,081,336
VOL Victory Offices Ltd 0.115 21.1% 30,000
IVT Inventis Limited 0.12 20.0% 182,163
PNX PNX Metals Limited 0.006 20.0% 1,073,565
KFM Kingfisher Mining 0.275 19.6% 1,198,010
SMX Security Matters 0.25 19.0% 62,278
ELE Elmore Ltd 0.032 18.5% 24,708,638
BUX Buxton Resources Ltd 0.1 17.6% 4,403,230
WC8 Wildcat Resources 0.034 17.2% 6,366,458
TRN Torrens Mining 0.175 16.7% 1,316,259
CT1 Constellation Tech 0.007 16.7% 2,104,501
VPR Volt Power Group 0.0035 16.7% 4,121,668
GAL Galileo Mining Ltd 0.215 16.2% 1,274,629
OMH OM Holdings Limited 1.025 15.8% 525,481
IMI Infinitymining 0.185 15.6% 234,213
GRE Greentechmetals 0.335 15.5% 1,649,199
AAJ Aruma Resources Ltd 0.099 15.1% 2,325,844

Rectifier Technologies (ASX:RFT) surged by 100% after flagging a US$20m production order in a one-paragraph announcement.

The deal is with electric vehicle charging company Tritium Pty Ltd, and will see RFT supply an order for “35kW high-voltage and high-efficiency modular power supply units” in connection with Tritium’s EV charging operations.

The purchase orders are binding and are expected to be completed before the end of this year, RFT said. Per-unit details of the order weren’t disclosed.

YESTERDAY’S BIGGEST SMALL CAP 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
WEC White Energy Company 0.023 -85.6% 42,940,827
ANL Amani Gold Ltd 0.0015 -25.0% 62,200,500
JAV Javelin Minerals Ltd 0.0015 -25.0% 2,830,001
LKO Lakes Blue Energy 0.0015 -25.0% 105,724,158
PHO Phosco Ltd 0.115 -23.3% 86,459
CLB Candy Club 0.1 -16.7% 746,430
AHN Athena Resources 0.01 -16.7% 17,500
OAR OAR Resources Ltd 0.005 -16.7% 1,741,313
VMG VDM Group Limited 0.0025 -16.7% 1,220,698
ANO Advance Zinctek Ltd 2.18 -16.2% 125,848
AIB Aurora Glb Trust 0.105 -16.0% 27,312
RAB Adrabbit Limited 0.032 -15.8% 557,032
BTR Brightstar Resources 0.034 -15.0% 5,888,667
DDD 3D Resources Limited 0.003 -14.3% 3,442,000
WCN White Cliff Min Ltd 0.031 -13.9% 23,024,783
EMP Emperor Energy Ltd 0.045 -13.5% 1,590,388
SFM Santa Fe Minerals 0.195 -13.3% 181,758
CE1 Calima Energy 0.2 -13.0% 11,836,958
DLT Delta Drone Intl Ltd 0.02 -13.0% 10,000

Coal-processing technology company White Energy (ASX:WEC) suffered a catastrophic intraday fall of 85.6%, after getting some bad legal news out of Singapore.

The Singapore International Commercial Court issued a ruling in connection with a dispute between two WEC subsidiaries and PT Bayan Resources, in connection with a joint venture between the companies.

While ruling in WEC’s favour in some technical aspects of the case concerning Bayan’s conduct in the joint venture, the Court dismissed WEC’s damages claim for wasted expenditure, and also the loss of chance to expand the project.

In an announcement Tuesday night, WEC said it is “extremely surprised and bitterly disappointed with the outcome of the decision in circumstances where the Court has previously concluded that Bayan had clearly breached its obligations under the joint venture”.