
What’s Hot – LSR, AGR, 88E, LKY & BRK
What’s Not – IPX
What’s Hot
LSR – Lodestar Resources Limited today closed up 33% to finish at 1.6c on $2.3m stock traded. The reason they were up today was because they announced a drilling update from its Three Saints Copper Project located in Chile.
AGR – Aguia Resources Limited today closed up another 33% to finish at 2c on $2.2m stock traded. The reason they were up today was because they announced a licensing and operation update for its Tres Estradas Mine Site located in Brazil.
88E – 88 Energy Limited today closed up 27% to finish at 3.8c on $1.5m stock traded. There was no news out today but last month they announced the results of its internal prospective resource assessment across its consolidated South Prudhoe acreage on Alaska’s North Slope.
LKY – Locksley Resources Limited today closed up 14% to finish at 20.5c on $4.8m stock traded. The reason they were up today was because they announced a significant metallurgical milestone from its Desert Antimony Mine within the Mojave Project located in California.
BRK – Brookside Energy Limited today closed up 11% to finish at 51c on $630k stock traded. There was no news out today but back in January they released its quarterly report which highlighted cash receipts of $12m.
What’s Not
IPX – IperionX Limited today closed down 14% to finish at $6.12 on $15m stock traded. The reason they were down today was because they released a half yearly account which revealed a net loss after tax of US$34.8m (~A$48.84m).
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).