Top 10 at 10: 111m at 1.57pc lithium? Discovery confirmed.

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Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data.

It’s 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.

 

WINNERS

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

Code Company Price % Volume Market Cap FL1 First Lithium Ltd 0.72 80% 5,015,028 $28,020,667 ME1 Melodiol Glb Health 0.0015 50% 12,503,998 $4,728,824 BMO Bastion Minerals 0.019 36% 1,145,907 $2,928,174 DCX Discovex Res Ltd 0.002 33% 5,000,000 $4,953,852 ETR Entyr Limited 0.012 33% 6,615,700 $17,847,935 GRL Godolphin Resources 0.051 31% 403,028 $6,600,439 ASP Aspermont Limited 0.01 25% 626,749 $19,510,110 ST1 Spirit Technology 0.073 24% 3,940,326 $43,479,344 ADY Admiralty Resources. 0.006 20% 150,000 $6,517,896 ENV Enova Mining Limited 0.012 20% 6,039,764 $6,409,293

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First Lithium (ASX:FL1) says “significant discovery confirmed!” at Blakala, part of the Gouna project in Mali.

The first 3 holes include an outstanding 111m intersection @ 1.57% Li2O, including a 10m chunk grading 3.39% Li2O from 33m depth.

That’s exceptionally thick, shallow, and high grade. A maiden resource is pencilled in for 2024.

Bastion Minerals (ASX:BMO) will buy a couple of lithium projects in the Gascoyne and Mt Ida regions, both popular addresses following Delta Lithium’s (ASX:DLI) recent drilling success.

Tyre recycler Entyr (ASX:ETR) will sell 100% of its tyre pyrolysis oil, carbon char and recovered carbon black production to global commodities trader Trafigura.

And explorer Godolphin (ASX:GRL) will sell its non-core Lewis Ponds and Mt Bulga projects for $11m.

 

LOSERS

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

Code Company Price % Volume Market Cap RGS Regeneus Ltd 0.003 -40% 113,000 $1,532,185 YOJ Yojee Limited 0.003 -25% 100,000 $5,223,941 BDG Black Dragon Gold 0.023 -23% 156,500 $6,020,102 WEL Winchester Energy 0.002 -20% 75,000 $2,551,055 LPE Locality Planning 0.034 -17% 96,850 $7,388,381 LBT LBT Innovations 0.01 -17% 25,000 $15,116,124 ENL Enlitic Inc. 0.725 -15% 1,608,594 $61,044,662 AHN Athena Resources 0.003 -14% 220,000 $3,746,636 PRX Prodigy Gold NL 0.006 -14% 2,968,127 $12,257,755 TOU Tlou Energy Ltd 0.027 -13% 1,070,000 $32,363,453

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The post Top 10 at 10: 111m at 1.57pc lithium? Discovery confirmed. appeared first on Stockhead.

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