{"id":4436,"date":"2024-01-16T05:13:39","date_gmt":"2024-01-16T05:13:39","guid":{"rendered":"https:\/\/economicherald.net\/?p=4436"},"modified":"2024-01-16T05:13:39","modified_gmt":"2024-01-16T05:13:39","slug":"in-case-you-missed-it-gold-uranium-and-a-sudden-leadership-spill-are-driving-the-news-today","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=4436","title":{"rendered":"In Case You Missed It: Gold, uranium and a sudden leadership spill are driving the news today"},"content":{"rendered":"

Stockhead\u2019s In-Case-You-Missed-It highlights today\u2019s most interesting small cap stories that might have slipped beneath your radar.<\/p>\n

Below is a wrap of the top 20-ish performing stocks, by percentage, that made announcements today.<\/p>\n

\u00a0<\/p>\n

ICYMI Leader Board<\/h2>\n
<\/div>\n
Code Company Price % Today Market Cap KNB Koonenberry Gold 0.081 47% $6,586,200 BMG BMG Resources Ltd 0.0155 19% $8,239,363 WCN White Cliff Minerals 0.0175 17% $19,152,890 VMS Venture Minerals 0.008 14% $15,470,091 SHO Sportshero Ltd 0.017 13% $9,267,493 AQI Alicanto Minerals 0.036 13% $19,690,778 MBK Metal Bank Ltd 0.027 13% $9,371,023 NRX Noronex Limited 0.009 13% $3,026,414 LDX Lumos Diagnostics 0.09 10% $39,466,604 ZIP ZIP Co Ltd 0.5375 10% $493,441,898 DRO Droneshield Limited 0.405 9% $226,237,836 SLS Solstice Minerals 0.105 9% $9,627,534 ECS ECS Botanics Holding 0.024 9% $24,348,075 CCE Carnegie Clean Energy 0.063 9% $18,145,501 SCL Schrole Group Ltd 0.19 9% $6,292,133 AMX Aerometrex Limited 0.26 8% $22,797,753 TOE Toro Energy Limited 0.595 8% $53,145,401 SUV Suvo Strategic 0.029 7% $21,883,853 LPD Lepidico Ltd 0.0075 7% $53,468,156 RNO Rhinomed Ltd 0.032 7% $8,571,591 <\/div>\n

WordPress Table Plugin<\/a><\/p>\n

\u00a0<\/p>\n

Koonenberry Gold (ASX:KNB)<\/strong><\/a> revealed that final approvals have been received for the maiden drilling program at its Atlantis Au-Cu Prospect, and \u201cas soon as weather conditions permit\u201d they\u2019ll get the machinery spun up to conduct first pass Air Core drilling at the site.<\/p>\n

BMG Resources (ASX:BMG)<\/a> has dropped news that long-time MD Bruce McCracken has resigned from BMG and all of its subsidiaries, with major shareholder John Prineas assuming\u00a0 the role of non-executive chairman and day-to-day overseer until a new CEO or MD is brought on board.<\/p>\n

Aerometrex (ASX:AMX)<\/a> delivered a quarterly this morning, saying it expects to deliver a record first half (1H) revenue outcome, driven by \u201cstrong ongoing performance of the LiDAR and MetroMap product lines\u201d, somewhere around the $11.8-$12.2 million range, a tidy climb from the previous years\u2019 $10 million high water mark.<\/p>\n

White Cliff Minerals (ASX:WCN)<\/strong><\/a> is up today, after delivering an investor presentation covering yesterday\u2019s big news about plans to acquire a historical uranium project in the Northwest Territories of Canada called Radium Point.<\/p>\n

GTI Energy (ASX:GTR)<\/strong><\/a> has informed the market that it has appointed experienced Denver-based ISR uranium technical and executive leader Matt Hartmann<\/strong><\/a> as President of US Operations, as the company prepares a very timely resources upgrade at the Lo Herma ISR uranium project in Wyoming.<\/p>\n

Venture Minerals (ASX:VMS)<\/strong><\/a> has wrapped up Stage 1 resource drilling at its large-scale Jupiter clay-hosted rare earths prospect in WA\u2019s Mid-West region, with that action propelling the company towards the 70% mark of a JV option that would end up with 90% of the project in Venture\u2019s hands<\/strong><\/a> by the end of the deal.<\/p>\n

Toro Energy (ASX:TOE)<\/strong><\/a> took time this morning to let the market know that things have been happening, and that its Extension Study to the proposed Lake Maitland Uranium-Vanadium operation, located approximately 105km southeast of the Wiluna township in Western Australia, has \u201csignificantly advanced\u201d.<\/p>\n

Lumos Diagnostics (ASX:LDX)<\/strong><\/a> climbed today, as we enter Day 5 of the company\u2019s ever-lengthening explanation of what last week\u2019s news of a deal with Hologic actually means for the company. For those of you playing at home, I\u2019m as confused as you are.<\/p>\n

And DroneShield (ASX:DRO)<\/strong><\/a> is \u2013 unsurprisingly, given the current geopolitical climate \u2013 flying high, delivering a solid quarterly showing that it\u2019s banked record revenues of $55.1m for 2023 thus far, up 3x compared to the whole of 2022, with 80% of revenues coming from repeat customers, mostly from the United States (68%) and Australia (23%).<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

More Top Small Cap Stories: Monday<\/p>\n

Taiton Resources (ASX:T88)<\/strong><\/a> has applied for exploration licences over the advanced high-grade Kingsgate project in NSW, taking in exploration licences ELA6699 and ELA6702 that have a total area of 309.8km2, as the company ramps up its hunt for increasingly precious molybdenum, and as the market size climbs from an estimated US$315bn in 2023.<\/p>\n

Olympio Metals (ASX:OLY)<\/strong><\/a> released its first set of assays from from a first phase of aircore drilling at the Walloway prospect in South Australia<\/strong><\/a>, and has confirmed REE and niobium mineralisation with total rare earth oxide grades (TREO) up to 5,011ppm.<\/p>\n

Melodiol Global Health (ASX:ME1)<\/strong><\/a> has revealed a quarterly report today, showing $2.13m in unaudited revenue generated in Q4 FY2023, which marks a 15% rise on Q3 and a 101% increase on Q4 FY2022, and which Melodial attributes to highest ever achieved sales by the division off the back of the group\u2019s increased brand recognition and established market footprint.<\/p>\n

Meanwhile, Alicanto Minerals\u2019 (ASX:AQI)<\/strong><\/a> Swedish monster just won\u2019t stop getting bigger, with the company announcing that its Skyttgruvan-Naverberg project is looking increasingly like it is part of the same system as the historical Falun deposit which once produced 28Mt at 4% copper, 4g\/t gold, 5% zinc, 2% lead and 35g\/t silver since it started producing 1,000 (no, really) years ago<\/a>.<\/p>\n

And clinical-stage biotech PharmAust (ASX:PAA)<\/strong><\/a> is now partnering with leading MND\/ALS clinical study design and statistical analysis specialists Berry Consultants \u2013 a company that brings with it a strong track record of innovative clinical trial design and experience with the FDA \u2013 as PAA focuses on moving forward its Phase 2\/3 MND\/ALS study in 2024.<\/p>\n

\u00a0<\/p>\n

At Stockhead we tell it like it is. While Alicanto, Meodiol, GTI Energy, PharmAust, Olympio and Taiton are Stockhead advertisers, they did not sponsor this article \u2013 and, for what it\u2019s worth, I\u2019m flat out remembering what I had for breakfast this morning \u2013 so I\u2019m pretty much flying in the dark, anyway.\n<\/p>\n

<\/span><\/p>\n

The post In Case You Missed It: Gold, uranium and a sudden leadership spill are driving the news today<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Stockhead\u2019s In-Case-You-Missed-It highlights today\u2019s most interesting small cap stories that might have slipped beneath your radar. 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