Top 10 at 11: Desert Metals flying because there’s 9km of neighbourly goodness at Dingo Pass

"I was going to ask you if I could borrow a cup of Rare Earths, but it turns out we've got plenty here, too. Thanks Neighbour!." Pic via Getty Images.

Stockhead’s Top 10 at 10-ish, published at an appropriate time each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live (not frozen!) 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
BTC	BTC Health Ltd	0.026	24%	412,892	$5,918,773
TVN	Tivan Limited	0.07	23%	1,580,356	$89,534,390
BCT	Bluechiip Limited	0.024	20%	453,333	$14,273,409
TGH	Terragen	0.026	18%	20,000	$5,335,853
AYT	Austin Metals Ltd	0.007	17%	250,015	$6,095,248
EPM	Eclipse Metals	0.015	15%	57,999	$26,364,777
CCZ	Castillo Copper Ltd	0.008	14%	1,100,000	$9,096,537
GMN	Gold Mountain Ltd	0.008	14%	30,000	$15,883,550
AFL	Af Legal Group Ltd	0.21	14%	52,521	$14,533,862
CUS	Coppersearchlimited	0.26	13%	61,720	$12,142,826

Desert Metals (ASX:DM1) is off to a flyer this morning, up more than 60% early on news that it has confirmed that the clay hosted rare earth element (REE) mineralisation from tbhe neighbouring Tower resource (belonging to Krakatoa ASX:KTA) extends for at least 9km into Desert Metals’ Dingo Pass project.

BTC Health (ASX:BTC) is up 23.8% this morning on news of a $0.89 million share placement to a consortium of three new strategic investors.

Bluechiip (ASX:BCT) is up 20% after delivering its annual report after hours last night, showing revenue remained steady, but costs had blown out.

Tivan (ASX:TVN) is up more than 19% this morning on news that Dr Guy Debelle has agreed to join the board in the role of non-executive director, effective as of today. That came just hours after Debelle stepped down as a non-executive director from the board of FFI – the green energy arm of Fortescue Metals Group.

Terragen (ASX:TGH) is doing well, climbing 18% after its annual report yesterday showed total revenue from continuing operations was up 13% to $3,275,719.

AF Legal (ASX:AFL) is up 13.5% after dropping a half-year report yesterday showing the company delivered a net profit before tax attributable of $622k, after losses of ($463k) and ($407k) in H1 FY23 and H2 FY22 respectively.

Up on no news, Copper Search (ASX:CUS) (13%), and Austin Metals (ASX:AYT) (16%) this morning.

Magnum Mining and Exploration (ASX:MGU) took off early but then eased somewhat to 6% on news that Middle East for Metallic Industrial (MidMetal) has entered into a non-binding MOU with Magnum for an offtake deal.

LOSERS

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

Code	Company	Price	%	Volume	Market Cap
MXC	Mgc Pharmaceuticals	0.002	-33%	2,893,860	$11,677,079
WSI	Weststar Industrial	0.155	-26%	477,069	$23,260,700
PHL	Propell Holdings Ltd	0.02	-20%	216,000	$3,008,888
MKL	Mighty Kingdom Ltd	0.015	-17%	100,862	$5,871,953
EEL	Enrg Elements Ltd	0.005	-17%	91,976	$6,059,790
ROG	Red Sky Energy.	0.005	-17%	400,000	$31,813,363
NGL	Nightingale Intel	0.043	-14%	200,000	$5,106,451
SP3	Specturltd	0.02	-13%	3,547	$5,193,052
CPO	Culpeominerals	0.035	-13%	42,561	$2,652,612
OJC	The Original Juice	0.092	-12%	4,500	$25,682,033