Top 10 at 11: Infini tops the morning list after finding all of the uranium

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish – with the best (and sometimes worst) performing ASX stocks in morning trade.

We use live data to help frame the ASX trading day through 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 got off to a bumpy start this morning, opening around -0.5% lower, with the Telcos the only sector coping with the negative drag so far.

WINNERS

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

Security	Description	Last	%	Volume	MktCap
I88	Infini Resources Ltd	0.815	66.3	3,150,062	$18,611,829
AXP	AXP Energy Ltd	0.0015	50.0	1,365,934	$5,824,681
EEL	Enrg Elements Ltd	0.003	50.0	39,064	$2,019,930
EXL	Elixinol Wellness	0.004	33.3	72,500	$3,963,547
LNR	Lanthanein Resources	0.004	33.3	400,000	$7,330,908
TMK	TMK Energy Limited	0.004	33.3	10,150,000	$20,764,836
AMS	Atomos	0.036	28.6	939,982	$33,982,545
AMD	Arrow Minerals	0.0025	25.0	5,000,000	$21,078,730
MKG	Mako Gold	0.011	22.2	4,707,779	$8,784,074
WHK	Whitehawk Limited	0.018	20.0	7,724,313	$6,937,144

Infini Resources (ASX:I88) was leading the way Tuesday morning on some stunning uranium assays. A while back, the company announced that its uranium assays were too much for the lab to handle, so they sent them somewhere else to get tested. Well… those came back and the numbers are huge, with assays as high as 74,997ppm U3O8.

AXP Energy (ASX:AXP) was up on news that its Pathfinder #2 well is back on production. The flow rate is restricted due to gas disposal restrictions, which are being addressed. The company says the Pathfinder Field oil production is averaging ~40 barrels per day with growth anticipated as more wells are brought into production and gas-to-power operations scale up.

Mako Gold (ASX:MKG) was up on news that a scout 1,500m reverse circulation drill program has commenced at the Tchaga North prospect, targeting three high-grade zones identified from recent mapping and trenching programs which located values of 4m at 3.97g/t Au, including 1m at 14.80g/t Au; and 4m at 1.79g/t Au, including 1m at 5.34g/t Au.

WhiteHawk (ASX:WHK) was up on news that it has finalised its first contract with an ASX 100 Listed Company, Tabcorp Holdings Limited, for an Essential Cyber Risk Program that will include cyber risk monitoring for three Business Units where analytics are performed to provide an executive, actionable overview, and a quarterly comprehensive Cyber Risk Assessment.

LAGGARDS

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

Code	Company	Price	%	Volume	Market Cap
WML	Woomera Mining Ltd	0.002	-33.33	1,104,000	$3,654,417
ASQ	Australian Silica	0.020	-31.03	215,000	$8,173,951
BP8	Bph Global Ltd	0.003	-25.00	5,000	$1,586,566
AHN	Athena Resources	0.002	-20.00	72,333	$2,676,169
BXN	Bioxyne Ltd	0.004	-20.00	76,365	$10,233,227
HTG	Harvest Tech Grp Ltd	0.014	-17.65	110,876	$13,801,583
KM1	Kalimetalslimited	0.200	-16.67	772,724	$18,322,103
RNE	Renu Energy Ltd	0.005	-16.67	770,467	$4,356,804
SIS	Simble Solutions	0.003	-16.67	1,333,333	$2,260,352
ALY	Alchemy Resource Ltd	0.006	-14.29	149,721	$8,246,534
TG1	Techgen Metals Ltd	0.030	-14.29	57,076	$4,484,640