Top 10 at 11: Energy off like a rocket, lithium's in the news and that's about it

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms that have made announcements.

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading – for better or worse – and then I do my best to make sense of who’s moving where and why it might be happening.

Anyway… here’s what’s been happening since the doors were opened this morning – The ASX opened slightly lower, with the benchmark falling -0.1% in the first 10 minutes or so. By 10.30, the benchmark had briefly poked its head above ground, before retreating again. Energy is having a banger (+1.32%) but all the other sectors are sulking.

WINNERS

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

Code	Description	Last	%	Volume	MktCap
JAV	Javelin Minerals Ltd	0.002	33%	456,766	$3,751,846
MRQ	MRG Metals Limited	0.004	33%	1,842,284	$7,575,356
TMK	TMK Energy Limited	0.004	33%	1,791,666	$20,734,836
NPM	Newpeak Metals	0.024	33%	50,000	$2,225,131
CRR	Critical Resources	0.009	29%	5,167,552	$12,462,452
AMN	Agrimin Ltd	0.23	28%	178,210	$60,701,300
1CG	One Click Group Ltd	0.015	25%	525,219	$8,438,146
88E	88 Energy Ltd	0.0025	25%	13,122,743	$57,785,344
GBZ	GBM Rsources Ltd	0.011	22%	454,545	$10,410,200
KNG	Kingsland Minerals	0.235	18%	20	$12,289,960

Critical Resources (ASX:CRR) announced that its summer field program has reinforced the company’s recently announced Exploration Target of 18-29Mt at 0.8-1.2% Li2O at its Mavis Lake prospect, with new assays confirming “exceptionally high grades” at surface with lithium assays of up to 5.12% Li2O along the extensions of pegmatites 7 and 24.

Kingsland Minerals (ASX:KNG) was up Tuesday morning, following an investor presentation released to the market on Monday afternoon that said some nice things about the company’s Leliyn Graphite Project in the Northern Territory.

LOSERS

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

Code	Company	Price	%	Volume	Market Cap
GCR	Golden Cross	0.001	-50%	10,250	$2,194,512
AYM	Australia United Mining	0.002	-33%	244,844	$5,527,732
IVX	Invion Ltd	0.004	-20%	157,670	$33,022,661
LPD	Lepidico Ltd	0.002	-20%	2,900	$21,472,798
RUL	RPM Global Holdings	2.25	-19%	1,393,625	$618,419,029
NES	Nelson Resources	0.0025	-17%	80,000	$1,840,783
OAU	Ora Gold Limited	0.005	-17%	390,000	$42,846,958
RGL	Riversgold	0.005	-17%	8,000	$7,257,461
VML	Vital Metals Limited	0.0025	-17%	7,275,739	$17,685,201
DTZ	Dotz Nano Ltd	0.12	-11%	236,001	$70,707,885

RPM Global (ASX:RUL) was down on Tuesday morning, despite announcing that business is on the up compared with last year. The company has sold $77.0 million in software for the previous financial year, a rise of $6.5 million on pcp.

Dotz Nano (ASX:DTZ) has fallen after announcing that it has successfully scaled up its internal sorbent production capabilities, a proprietary synthesis method for converting plastic waste into a porous carbon sorbent specifically designed for CO2 capture – and has appointed Mr Daniel Vorenberg as Head of Engineering.