10 at 11ish: Who’s up on news about lithium projects at Lake Johnston today?

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading – for better or worse.

WINNERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Code Company Price % Volume Market Cap VPR Volt Power Group 0.0015 50% 70,954 $10,716,208 RB6 Rubix Resources 0.175 46% 656,072 $6,546,000 BYH Bryah Resources Ltd 0.023 44% 2,734,888 $5,737,685 CHR Charger Metals 0.42 27% 1,410,554 $20,497,741 MSI Multistack International 0.005 25% 66 $545,216 VMS Venture Minerals 0.011 22% 1,035,812 $17,550,117 TG1 Techgen Metals Ltd 0.033 22% 137,500 $2,083,544 WEC White Energy Company 0.079 22% 40,000 $4,446,402 AVH Avita Medical 3.86 21% 180,559 $190,770,601 GMN Gold Mountain Ltd 0.006 20% 2,571,447 $11,345,393

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And it’s all about lithium at Lake Johnston in the Goldfields Esperance region of WA today with several companies up on news about projects in the area.

Rubix Resources (ASX:RB6) says a cultural heritage survey will start on November 30 at its Lake Johnston lithium project in WA with a program of works for its maiden drilling program approved.

Meanwhile Bryah Resources (ASX:BYH) says it’s fast-tracking its lithium exploration at Lake Johnston with CEO Ashley Jones saying TG Metals’ (ASX:TG6) recent success has put a strong emphasis again on the area.

“We have already shown that we have LCT type pegmatites on Bryah’s tenements with 403ppm Li2O at the Roundbottom Prospect. So we know the potential,” he said.

Charger Metals (ASX:CHR) reports assay results from soil sampling completed earlier this year have identified several new lithium targets at the Mt Gordon tenement of its Lake Johnston lithium project.

TechGen Metals (ASX:TG1) has provided an update on its projects including stage three drilling approved for its John Bull Gold Project and pegmatite mapping to kick off at Ida Valley with historic data identifying lithium and caesiumin soils up to 144.5ppm Li (311ppm Li2O) along the Ida Fault.

Avita Medical (ASX:AVH) has announced its third quarter financial results with 51% commercial revenue growth on pcp to $13.5 million and gross margin of 84.5% for the quarter.

LOSERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Code Company Price % Volume Market Cap BP8 BPH Global Ltd 0.001 -33% 227,470 $2,423,345 AMD Arrow Minerals 0.0015 -25% 1,085,676 $6,047,530 MKL Mighty Kingdom 0.015 -17% 6,765 $7,566,653 ROG Red Sky Energy 0.005 -17% 1,000,000 $31,813,363 RR1 Reach Resources Ltd 0.012 -14% 14,607,698 $44,944,160 AHI Advanced Health 0.105 -13% 160,337 $26,124,476 OPN Open Negotiation 0.008 -11% 6,800 $10,050,117 ASQ Australian Silica 0.045 -10% 50,000 $14,083,019 ZNO Zoono Group Ltd 0.045 -10% 4,396 $9,496,384 CAV Carnavale Resources 0.0045 -10% 3,021,090 $17,117,759

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