What’s Hot – FBR, PPM, AVM, GRE, PVT, BKB, PNN, SS1, MKR, WCE, TSO, VTM, RML, SRZ, AT4 & BHM
What’s Not – I88
What’s Hot
FBR – FBR Limited today closed up 67% to finish at 0.5c on $130k stock traded. The reason they were up today was because they announced the appointment of Mr Lindsay Partridge AM as an independent non-executive director.
PPM – Pepper Money Limited today closed up 28% to finish at $2.26 on $6.5m stock traded. The reason they were up today was because they announced the receipt of a non-binding and conditional proposal to be acquired for $2.60 in cash by Challenger Limited (CGF.asx) & Pepper Group ANZ HoldCo.
AVM – Advance Metals Limited today closed up 22% to finish at 14c on $870k stock traded. There was no news out today but last week they announced an update on exploration activities at its high-grade, Yoquivo Silver-Gold Project located in Chihuahua, Mexico.
GRE – GreenTech Metals Limited today closed up 19% to finish at 12.5c on $240k stock traded. There was no news out today but last week they announced the completion of the acquisition of a 70% interest of the high-grade Munni Munni PGE-Cu-Ni Project located in WA.
PVT – Pivotal Metals Limited today closed up 18% to finish at 2c on $550k stock traded. There was no news out today but last week they announced metallurgical test work results from its Horden Lake Cu-Ni-Au-PGM-Co Project located in Quebec, Canada.
BKB – Black Bear Minerals Limited today closed up 17% to finish at 90.5c on $850k stock traded. There was no news out today but last month they announced assay results from its Independence Project located in Nevada.
PNN – Power Minerals Limited today closed up 17% to finish at 10.5c on $620k stock traded. The reason they were up today was because they announced assay results from its Santa Anna Project located in Brazil.
SS1 – Sun Silver Limited today closed up 16% to finish at $1.965 on $7.6m stock traded. There was no news out today but last week they announced the appointment of Sunstone Environmental Solutions to lead Mine Permitting and NEPA Process for its Maverick Springs Silver-Gold Project located in Nevada, USA.
MKR – Manuka Resources Limited today closed up 16% to finish at 14.5c on $5.2m stock traded. There was no news out today but late last month they announced an updated 10-year mine plan for the Wonawinta Silver and Mt Boppy Gold Mines located in the Cobar Basin mining province of NSW.
WCE – West Coast Silver Limited today closed up 16% to finish at 22c on $1m stock traded. There was no news out today but last week they announced it is conducting a series of technical review sessions to assess the exploration strategy and target pipeline at the Elizabeth Hill Silver Project located in WA.
TSO – Tesoro Gold Limited today closed up 16% to finish at $1.19 on $400k stock traded. The reason they were up today was because they announced assay results from its El Zorro Gold Project located in Chile.
VTM – Victory Metals Limited today closed up 15% to finish at $1.29 on $340k stock traded. The reason they were up today was because they announced a metallurgical update for its North Stanmore Heavy Rare Earth, Scandium and Hafnium Project located in WA.
RML – Resolution Minerals Limited today closed up 15% to finish at 5.4c on $2.3m stock traded. The reason they were up today was because they announced assay results from its Horse Heaven Gold-Antimony-Tungsten-Silver Project located in Idaho, US.
SRZ – Stellar Resources Limited today closed up 13% to finish at 3.6c on $270k stock traded. There was no news out today but last week they announced a binding agreement was signed with Australian Hualong (AHL) whereby AHL has consented to applying for a Mining Licence (ML) over the Comsock site adjoining Stellar’s Heemskirk Tin Project in Tasmania.
AT4 – Antimony Tungsten & Antimony Limited today closed up 12% to finish at 14c on $4.3m stock traded. There was no news out today but last week they announced an update for its Antimony Canyon Project (ACP) located in Utah, USA.
BHM – Broken Hill Mines Limited today closed up 11% to finish at 99c on $2.3m stock traded. There was no news out today but last month they released its quarterly report which highlighted the continued successful ramp up of the Rasp Mine toward a 750,000tpa capacity.
What’s Not
I88 – Infini Resources Limited today closed down 22% to finish at 19c on $640k stock traded. The reason they were down today was because they announced assay results from its Portland Creek Uranium Project located in Newfoundland, Canada.
Rats Rant – IMPORTANT INFORMATION
The idea of this report is to be informative and hopefully point out some stocks that you wouldn’t ordinarily have seen during the day, maybe even have a laugh too.This report IS NOT personal advice. Sanlam Private Wealth Pty Ltd DOES NOT PROVIDE personal advice, Sanlam Private Wealth provides General Financial Product Advice.All advice included in The Rat’s Rant is General Advice. Please refer to the General Advice Warning. The views expressed in this report are my views and may not necessarily reflect the same views as Sanlam Private Wealth.It is very important to refer to the ASX website for information on any companies / stock that are contained in this report and as always please consult your financial adviser before acting.
Important Notice
Rat Consulting Pty Ltd (ABN 81 148 181 588 ) Authorised Representative (No 001281456) of Sanlam Private Wealth Ltd (ABN 18 136 960 775) holder of Australian Financial Services Licence (AFSL 337 927).