On Stockhead today, welcome to the small cap million-oz gold club, ASX biotechs on sale, and why PLS still believes lithium can rise again.

But first … the day ahead.

 

TRADING HALTS

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

 

Indiana Resources (ASX:IDA) – assay results from the Grawler Craton project in SA

OncoSil Medical (ASX:OSL) – shortfall from its non-renounceable entitlement offer announcement

RocketBoots (ASX:ROC) – managing continuous disclosure obligations

Oventus Medical (ASX:OVN) – board composition announcement

Dateline Resources (ASX:DTR) –  capital raising

BMG Resources (ASX:BMG) – capital raising

Babylon Pump & Power Ltd (ASX: BPP) – capital raising

 

MARKETS

Gold: $US1,848.430 (-0.19%)

Silver: $US22.13 (-0.33%)

Nickel (3mth): $US29,481/t (+3.26%)

Copper (3mth): $US9,699/t (+2.33%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, June 8): $US69,750/t (0.4% weekly)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, June 8): $US70,875/t (0.0% weekly)

Oil (WTI): $120.05 (+0.54%)

Oil (Brent): $US121.01 (+0.36%)

Iron 62pc Fe: $US146.50 (+1.03%)

AUD/USD: $US0.72019 (-0.42%)

Bitcoin: $US30,304.26 (+2.72%)

 

WHAT GOT YOU TALKING YESTERDAY?

The weird and cool tech stocks you probably didn’t know were on the ASX.


And fresh listee UVRE (ASX:UVA) with its East Canyon uranium and vanadium project in Utah.


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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 BIGGEST SMALL CAP WINNERS

 

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

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Southern Palladium (ASX:SPD) debuted yesterday, acquiring a 70% interest in private company Miracle Upon Miracle Investments on listing – which holds the Bengwenyama Platinum Group Metals (PGM) project in South Africa.

It’s a project that currently has a JORC 2012 Inferred Resource of 18.80 million oz (3 PGE + gold) and CEO Johan Odendaal says that after the company’s second phase drilling, they could virtually double that resource.

 

American West Metals (ASX:AW1) unearthed its “best assays to date” from the ‘West Desert’ project, including a 105m-long interval of high-grade zinc and copper in hole WD22-03.

AW1’s No. 4 album from this drill includes such hits as:  16.47m @ 10.22% zinc, 0.26% copper, 0.17g/t gold, 16.24g/t silver, and 48.63g/t indium.

“We are thrilled to share the diamond drill results from WD22-03, as the program continues to define high-grade mineralisation at West Desert, substantially enhancing the resource potential,” AW1 managing director Dave O’Neill says.

“The intersections within WD22-03 display outstanding thicknesses and grade which continue to highlight the significant scale and quality of the West Desert Deposit.”

 

YESTERDAY’S BIGGEST SMALL CAP LOSERS

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

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