In a deliciously ironic twist, the Russian Foreign Ministry has urged the US to “observe democratic standards” and respect Americans’ right to protest.
A Ministry spokeswoman said Moscow had taken note of the use of tear gas to disperse rallies sparked by the death of George Floyd while pointing out that numerous journalists — including Russian reporters — had been hurt while covering the protests.
Australian journalists have also been attacked by police outside the White House, prompting Prime Minister Scott Morrison to call for an investigation.
“It’s time for the US to drop the mentor’s tone and look in the mirror,” Russian spokeswoman Maria Zakharova added.
Adding just a little more irony to the statements, Russians are poised to vote on constitutional reforms that could allow President Vladimir Putin to remain in his position until 2036, or another 16 years.
We’ll leave you to digest that while examining the biggest small movers this week
ASX SMALL CAP WINNERS
Alderan Resources (ASX:AL8) +192%
Copper-gold explorer Alderan Resources is top of the pack this week as investors responded to its plan to complete exploration at its advanced projects in Utah.
The company has completed a share placement and issued convertible notes to professional and sophisticated investors to raise $2.1m to fund this effort.
It is earning up to 70 per cent of the copper-gold Valley-Crossroads and Detroit projects through an option agreement with Tamra Mining LLC and is also exploring the White Mountain gold project.
The projects have seen little modern exploration and have been underexplored for gold.
Fastbrick Robotics (ASX:FBR) +182%
Construction robotics pioneer Fastbrick nipped at Alderan’s heels after reporting earlier this week that its flagship Hadrian X H02 construction robot had recorded a new peak laying rate of over 200 blocks per hour, “representing a major milestone in the commercialisation journey”.
This is about 300 per cent faster than the rate the earlier H01 robot was achieving in February 2019 and makes its use even more compelling when measured against traditional manual bricklaying in most markets around the world.
Here are the best performing ASX small cap stocks for May 29 – June 5 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
CODE NAME RETURN % PRICE THIS FRIDAY [INTRADAY] MARKET CAP AL8 ALDERAN RESOURCES LTD 192 0.160 36.27M FBR FBR LTD 182 0.070 111.47M OPY OPENPAY GROUP LTD 172 3.020 329.23M IP1 INTEGRATED PAYMENT TECHNOLOG 167 0.019 7.41M CLZ CLASSIC MINERALS LTD 100 0.002 16.36M UUV UUV AQUABOTIX LTD 100 0.002 1.52M AUR AURIS MINERALS LTD 94 0.035 14.30M NME NEX METALS EXPLORATION LTD 88 0.032 6.17M DXN DXN LTD 83 0.021 23.11M EUC EUROPEAN COBALT LTD 80 0.038 27.42M DXB DIMERIX LTD 80 0.410 81.69M SPT SPLITIT PAYMENTS LTD 77 0.775 290.70M NVX NOVONIX LTD 75 0.710 160.79M MCT METALICITY LTD 73 0.014 18.05M OPL OPYL LTD 72 0.155 4.59M GES GENESIS RESOURCES LTD 71 0.030 22.70M ID8 IDENTITII LTD 68 0.160 13.08M MNW MINT PAYMENTS LTD 62 0.025 11.84M VEN VINTAGE ENERGY LTD 62 0.085 28.56M PPL PUREPROFILE LTD 60 0.008 960.48k AYS AMAYSIM AUSTRALIA LTD 58 0.515 156.41M MEL METGASCO LTD 58 0.041 16.01M OVH ONEVUE HOLDINGS LTD 54 0.375 99.13M FRX FLEXIROAM LTD 54 0.019 6.10M INP INCENTIAPAY LTD 53 0.029 15.09M MGV MUSGRAVE MINERALS LTD 52 0.250 108.83M TSL TITANIUM SANDS LTD 51 0.068 52.95M ROG RED SKY ENERGY LTD 50 0.002 2.44M AUH AUSTCHINA HOLDINGS LTD 50 0.003 4.90M CRO CIRRALTO LTD 50 0.007 4.94M CCE CARNEGIE CLEAN ENERGY LTD 50 0.001 16.71M OEX OILEX LTD 50 0.003 10.95M NXE NEW ENERGY MINERALS LTD 50 0.007 1.54M SVD SCANDIVANADIUM LTD 50 0.018 6.33M SUH SOUTHERN HEMISPHERE MINING 45 0.016 1.74M SWM SEVEN WEST MEDIA LTD 45 0.125 192.25M PEC PERPETUAL RESOURCES LTD 44 0.046 17.63M AMI AURELIA METALS LTD 43 0.482 406.40M SGO STREAM GROUP LTD 40 0.028 6.14M BRK BROOKSIDE ENERGY LTD 40 0.007 7.05M PMY PACIFICO MINERALS LTD 40 0.007 20.22M HNR HANNANS LTD 40 0.006 13.92M KIS KING ISLAND SCHEELITE LTD 38 0.069 18.24M MSV MITCHELL SERVICES LTD 38 0.570 119.54M QFE QUICKFEE LTD 38 0.415 79.07M
ASX SMALL CAP LOSERS
Shares in the company dropped throughout the week with investors failing to be impressed by today’s announcement that development of its Beyondie sulphate of potash project was progressing in line with the updated timetable.
Specalist equipment fabrication and supply are on track with shipments from its German suppliers due to begin this month.
Here are the worst performing ASX small cap stocks for May 29 – June 5 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
CODE | NAME | RETURN % | PRICE THIS FRIDAY [INTRADAY] | MARKET CAP |
---|---|---|---|---|
LML | LINCOLN MINERALS LTD | -20 | 0.004 | 2.30M |
CAV | CARNAVALE RESOURCES LTD | -20 | 0.004 | 5.98M |
SHK | STONE RESOURCES AUSTRALIA LT | -20 | 0.004 | 3.34M |
CTO | CITIGOLD CORP LTD | -20 | 0.005 | 10.40M |
SPQ | SUPERIOR RESOURCES LTD | -20 | 0.004 | 3.68M |
LNY | LANEWAY RESOURCES LTD | -20 | 0.004 | 14.88M |
IDZ | INDOOR SKYDIVING AUSTRALIA G | -20 | 0.004 | 1.35M |
RMX | RED MOUNTAIN MINING LTD | -20 | 0.004 | 3.75M |
JXT | JAXSTA LTD | -20 | 0.024 | 5.93M |
EMP | EMPEROR ENERGY LTD | -20 | 0.028 | 2.79M |
CLT | CELLNET GROUP LTD | -20 | 0.040 | 6.22M |
CFO | CFOAM LTD | -20 | 0.040 | 7.69M |
MQR | MARQUEE RESOURCES LIMITED | -20 | 0.039 | 2.48M |
TBL | TAMBLA LTD | -20 | 0.175 | 3.47M |
PAN | PANORAMIC RESOURCES LTD | -21 | 0.075 | 109.46M |
CBE | COBRE LTD | -21 | 0.150 | 15.45M |
PGY | PILOT ENERGY LTD | -22 | 0.018 | 1.91M |
AGR | AGUIA RESOURCES LTD | -22 | 0.052 | 11.71M |
ADN | ANDROMEDA METALS LTD | -22 | 0.055 | 79.84M |
JAL | JAMESON RESOURCES LTD | -23 | 0.120 | 31.65M |
CLA | CELSIUS RESOURCES LTD | -23 | 0.010 | 7.57M |
POD | PODIUM MINERALS LTD | -23 | 0.022 | 3.24M |
OVT | OVATO LTD | -24 | 0.015 | 11.71M |
AMN | AGRIMIN LTD | -24 | 0.400 | 70.81M |
CAD | CAENEUS MINERALS LTD | -25 | 0.001 | 5.25M |
MEB | MEDIBIO LTD | -25 | 0.006 | 6.07M |
PNN | PEPINNINI LITHIUM LTD | -25 | 0.002 | 2.25M |
BSM | BASS METALS LTD | -25 | 0.003 | 8.43M |
RNX | RENEGADE EXPLORATION LTD | -25 | 0.003 | 2.14M |
DTR | DATELINE RESOURCES LTD | -25 | 0.002 | 12.32M |
A1G | AFRICAN GOLD LTD | -26 | 0.100 | 5.58M |
MJC | MEJORITY CAPITAL LTD | -27 | 0.016 | 2.24M |
OLV | OTHERLEVELS HOLDINGS LIMITED | -29 | 0.005 | 2.84M |
OAU | ORA GOLD LTD | -30 | 0.014 | 10.05M |
MAG | MAGMATIC RESOURCES LTD | -30 | 0.250 | 42.41M |
PEN | PENINSULA ENERGY LTD | -31 | 0.091 | 28.35M |
ABT | ABUNDANT PRODUCE LTD | -31 | 0.011 | 933.33k |
ICG | INCA MINERALS LTD | -33 | 0.0015 | 4.06M |
GLA | GLADIATOR RESOURCES LTD | -33 | 0.001 | 2.00M |
ALT | ANALYTICA LTD | -33 | 0.002 | 7.04M |
MTB | MOUNT BURGESS MINING NL | -33 | 0.004 | 1.06M |
VAL | VALOR RESOURCES LTD | -33 | 0.002 | 3.84M |
PCL | PANCONTINENTAL OIL & GAS NL | -33 | 0.001 | 5.41M |
CZL | CONSOLIDATED ZINC LTD | -40 | 0.003 | 6.90M |
ECT | ENVIRONMENTAL CLEAN TECHNOLO | -50 | 0.001 | 9.60M |
MLS | METALS AUSTRALIA LTD | -50 | 0.001 | 3.21M |
KLL | KALIUM LAKES LTD | -58 | 0.150 | 103.98M |