What’s Hot, Not & Doing
Brought to you by TSN Contributor & Wealth Advisor Nick Kelso
What’s Hot – EV8, T92, BGT, IBX, ENX, POD, KGD, MMA, SGQ, DTR & AWJ
What’s Not – MYR
What’s Hot
EV8 – Everlast Minerals Limited today closed up 55% to finish at 31c on $350k stock traded. The reason they were up today was because they listed after raising $6m @ 20c through Alpine Capital who were kind enough to offer me some stock, so yes I own a few myself & did not flip any today.
Everlast Minerals is focused on the rapid development of mineral sands projects to establish near term production opportunities in Bangladesh.
Always been a fan of Bangladesh & as mentioned last night a fan of Paul, the boss, a reader & the largest shareholder whose 55% better off today.
T92 – Terra Critical Minerals Limited today closed up 35% to finish at 8.5c on $800k stock traded. The reason they were up today was because they announced exploration results from its Mole River Project located in NSW.
During a review of the Silent Grove area for significant tin results from rock chip samples collected in 2007, T92 identified significant silver assay results of up to 400g/t Ag.
The broader Mole River project area abuts Rapid Critical Metals (RCM.asx) and First Tin (Taronga) exploration projects.
BGT – Bio-Gene Technologies Limited today closed up 32% to finish at 4.1c on $900k stock traded. The reason they were up today was because they announced new Flavocide efficacy results for tick control.
Flavocide is a nature-identical beta-triketone molecule produced synthetically by a chemical process, it is covered by patents for use as an insecticide and has demonstrated significant activity against a range of insect pests.
IBX – Imagion Biosystems Limited today closed up another 26% to finish at 4.8c on $600k stock traded. There was no news out today but roughly a fortnight ago they announced a major milestone was met with the commencement of the MagSense HER2 clinical supply manufacturing for the Phase 2 clinical trial.
IBX has commenced manufacturing of the MagSense HER2 imaging agent through its US based contract manufacturer which is expected to be completed by end of September.
ENX – Enegex Limited today closed up 25% to finish at 3c on $420k stock traded. The reason they were up today was because they announced the acquisition of a private company Famien Resources.
Famien Resources holds a wholly owned >3,700km2 portfolio of gold-prospective exploration permits and permit applications in Côte D’Ivoire.
The Gogo and Tougbe permits represent the most advanced exploration projects within the portfolio and will be the focus on initial exploration efforts.
POD – Podium Minerals Limited today closed up 22% to finish at 6.6c on $930k stock traded. There was no news out today but back in July they released its quarterly report which highlighted an updated mineral resource estimate (MRE) for its Parks Reef Project located in WA.
The new MRE included an additional copper-gold zone which significantly expands the scale of Parks Reef and increases the basket of payable metals.
The new zone has a MRE of 60Mt containing 0.3Moz gold, 140kt copper, 60kt nickel & 11kt cobalt.
KGD – Kula Gold Limited today closed up 17% to finish at 2.8c on $1.2m stock traded. The reason they were up today was because they announced a placement to raise $2.5m @ 2.2c
The placement was issued to Forrestania Resources (FRS.asx) for $1.86m and Aquarius Peak for a further $660k.
KGD has advised 24m shares held by Acuity Capital Investment Management were transferred to a participant in the placement.
MMA – Maronan Metals Limited today closed up 17% to finish at 35c on $760k stock traded. The reason they were up today was because they announced a preliminary economic assessment (PEA or scoping study) for the Starter Zone of its 100% owned Maronan Silver-Lead-Copper-Gold deposit located in QLD.
The study evaluated constructing an onsite standalone processing facility against toll treatment, both options deliver a 10-year life of mine (LOM) at 1.2 Mtpa mining and processing throughput.
SGQ – St George Mining Limited today closed up 16% to finish at 11c on $7m stock traded. There was no news out today but last week they announced a major new discovery of high-grade rare earths and niobium at its 100%-owned Araxá Project in Minas Gerais, Brazil.
The new discovery is in an area named East Araxá due to its location 1km east of Araxá’s existing mineral resource estimate (MRE) which stands at 41.2 Mt @ 0.68% Nb₂O₅ & 40.6 Mt @ 4.13% TREO.
DTR – Dateline Resources Limited today closed up 14% to finish at 40c on $29m stock traded. There was no news out today but last week they announced the acquisition of the Argos Strontium Project located in California.
The Argos deposit is the largest known strontium deposit in the United States and essentially the only domestic strontium deposit of scale, with no other U.S. strontium mines or production facilities currently in operation.
AWJ – Auric Mining Limited today closed up another 12% to finish at 23c on $600k stock traded. There was no news out today but yesterday they announced substantial progress has been made at the Munda Gold Mine with the first toll milling campaign formally scheduled at Black Cat Syndicate’s (BC8.asx) Lakewood Mill.
Mining of the Munda Starter Pit commenced earlier in 2025 and is expected to be completed in October/November.
What’s Not
MYR – Myer Group Limited today closed down 25% to finish at 48c on $63.4m stock traded. The reason they were down today was because they released its FY25 results which revealed a 0.5% increase in total sales to $3.67 billion.
MYR reported statutory net losses of $211.2m for the year, down from a $43.5 million profit a year earlier.
The result was dragged down by a $213.3m non-cash impairment charge relating to the valuation of Apparel Brands, as well as $34.7m of merger integration and restructuring costs.
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).