What’s Hot – CDR, GRS, 5GG, FPR, ION, MGU, GML, BNZ & KZR
What’s Not – EXR
What’s Hot
CDR – Codrus Minerals Limited today closed up 41% to finish at 3.8c on $440k stock traded. The reason they were up today was because they announced the acquisition of two high-potential exploration assets in Australia and Peru.
GRS – Gwardar Resources Limited today closed up another 37% to finish at 56c on $320k stock traded. There was no news out today but last Friday they listed after raising $6m @ 20c through Ora Capital.
5GG – Pentanet Limited today closed up 27% to finish at 1.9c on $1.1m stock traded. The reason they were up today was because they announced unaudited financial highlights for FY26.
FPR – FleetPartners Group Limited today closed up 17% to finish at $3.32 on $7m stock traded. The reason they were up today was because they announced an unsolicited, indicative, non-binding and conditional offer was received from SG Fleet Topco to be acquired by way of a scheme of arrangement.
ION – Iondrive Limited today closed up another 17% to finish at 5.6c on $1.7m stock traded. The reason they were up today was because they announced Kingston Process Metallurgy has been engaged to undertake its first five-tonne IONSolv rare earth batch production campaign.
MGU – Magnum Mining and Exploration Limited today closed up 14% to finish at 0.8c on $560k stock traded. There was no news out today but last week they announced a drilling update for its Palmares REE Project located in Bahia State, Brazil.
GML – Gateway Mining Limited today closed up 14% to finish at 5.8c on $140k stock traded. The reason they were up today was because they announced an exploration update for its Glenburgh South Project located in WA.
BNZ – Benz Mining Corp Limited today closed up 13% to finish at $3.89 on $5.7m stock traded. The reason they were up today was because they announce further assays from its Glenburgh Gold Project in WA.
KZR – Kalamazoo Resources Limited today closed up 10% to finish at 13.5c on $300k stock traded. The reason they were up today was because they announced assay results from its Ashburton Gold Project (AGP) located in WA.
What’s Not
EXR – Elixir Energy Limited today closed down 27% to finish at 5.5c on $4m stock traded. The reason they were down today was because they announced results of the first phase of flow testing of the high impact Lorelle-3H (L3H) appraisal well in ATP2056 within QLD’s Taroom Trough.
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).