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Top 10 at 10: How does 25m at 5.04% lithium sound?

Pic: Jasmin Merdan, Moment/ Via Getty Images

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Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data.

It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading.

 

WINNERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Code Company Price % Volume Market Cap
LNU Linius Tech Limited 0.004 33% 250,000 $8,938,239
PRM Prominence Energy 0.002 33% 724,416 $3,636,913
ROO Roots Sustainable 0.002 33% 862,488 $1,558,829
PMT Patriotbatterymetals 1.095 25% 2,830,246 $104,755,131
BAS Bass Oil Ltd 0.13 24% 4,131,261 $28,131,313
XTC Xantippe Res Ltd 0.006 20% 435,467 $51,460,174
MNB Minbos Resources Ltd 0.13 18% 2,638,305 $84,719,869
C1X Cosmosexploration 0.27 17% 838,021 $5,750,000
LSA Lachlan Star Ltd 0.014 17% 1,204,462 $15,828,153
REZ Resourc & En Grp Ltd 0.014 17% 280,000 $5,997,669
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Patriot Battery Metals (ASX:PMT) has drilled into an incredible 156.9m-long interval grading 2.12% Li2O — including 25m of 5.04% Li2O – at the CV5 Pegmatite in Quebec, Canada.

The ore grade of most hard rock lithium mines around the world range between 0.8% and 1.5% Li2O.

“It is hard to find words to adequately describe the impressive nature of the lithium mineralization in drill hole CV22-083,” says Darren Smith, Vice President of Exploration.

“Visual estimates of spodumene abundance may give you a sense, but assays are the true measure and have certainly astounded with this hole.”

And Minbos Resources (ASX:MNB) says the fertilizer plant and equipment are now enroute to its Cácata phosphate project in Angola with Development and EPCM activities ramping up in anticipation of first production H2 2023.

Initial construction activities at the Cácata phosphate deposit are on target and within budget, the company says.

 

LOSERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Code Company Price % Volume Market Cap
CTO Citigold Corp Ltd 0.005 -17% 168,634 $17,001,955
MRD Mount Ridley Mines 0.005 -17% 444,441 $46,709,297
AMD Arrow Minerals 0.006 -14% 4,119,020 $17,736,356
NZS New Zealand Coastal 0.003 -14% 16,130 $3,944,518
TD1 Tali Digital Limited 0.003 -14% 4,386,000 $9,713,045
AYT Austin Metals Ltd 0.007 -13% 500,000 $8,126,997
ADS Adslot Ltd. 0.008 -11% 251,900 $19,839,135
AXP AXP Energy Ltd 0.004 -11% 1,200,107 $26,211,063
ARD Argent Minerals 0.017 -11% 1,035,855 $22,272,908
CNJ Conico Ltd 0.009 -10% 200,000 $14,549,681
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