{"id":9854,"date":"2024-05-17T00:52:00","date_gmt":"2024-05-17T00:52:00","guid":{"rendered":"https:\/\/economicherald.net\/?p=9854"},"modified":"2024-05-17T00:52:00","modified_gmt":"2024-05-17T00:52:00","slug":"top-10-at-10-sluggish-nickel-stocks-stir-lithium-junior-inks-transformational-development-jv","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=9854","title":{"rendered":"Top 10 at 10: Sluggish nickel stocks stir, lithium junior inks \u2018transformational\u2019  development JV"},"content":{"rendered":"<p>Stockhead\u2019s Top 10 at 10, published at ~10.40am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data.<\/p>\n<p>It\u2019s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.<\/p>\n<p>The market opens at 10am (eastern time) and the data is taken at 10:15am, once every\u00a0ASX\u00a0stock has started trading.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>WINNERS<\/strong><\/h2>\n<p><em>Stocks highlighted in yellow made market-moving\u00a0announcements\u00a0(click\u00a0headings to sort).<\/em><\/p>\n<div class=\"supsystic-table-loader spinner\"><\/div>\n<div class=\"supsystic-tables-wrap \">\n<div class=\"supsystic-tables-features\"><\/div>\n<p>Security Description Last % Volume MktCap APC Aust Potash Ltd 0.0015 50% 366,602 $4,000,189 AXP AXP Energy Ltd 0.0015 50% 381,235 $5,824,681 RML Resolution Minerals 0.003 50% 300,000 $3,220,044 POS Poseidon Nick Ltd 0.0055 38% 6,071,998 $14,854,139 AON Apollo Minerals Ltd 0.029 32% 520,802 $15,319,544 HLX Helix Resources 0.005 25% 20,538,683 $9,292,583 PH2 Pure Hydrogen Corp 0.18 24% 1,348,861 $51,979,719 KP2 Kore Potash PLC 0.017 21% 937,781 $9,215,703 SUM Summitminerals 0.19 19% 1,784,089 $7,625,140 PNN Power Minerals Ltd 0.16 19% 847,448 $12,501,680 <!-- \/#supsystic-table-14710.supsystic-table --><\/p>\n<div class=\"stbConditionsData\"><\/div>\n<\/div>\n<p><!-- \/.supsystic-tables-wrap --><!-- Tables Generator by Supsystic --><!-- Version:1.10.33 --><!-- http:\/\/supsystic.com\/ --><a title=\"Wordpress Table Plugin\" href=\"https:\/\/supsystic.com\/plugins\/wordpress-data-table-plugin\/?utm_medium=love_link\" target=\"_blank\" rel=\"noopener\">WordPress Table Plugin<\/a><\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/poseidon-nickel-pos\/\" target=\"_blank\" rel=\"noopener\">Poseidon Nickel (ASX:POS)<\/a> is looking on the bright side after the proposed sale of its Lake Johnson nickel-lithium project to Minerals Resources (ASX:MRL) fell through.<\/p>\n<p>Exploration, in hiatus for four months while the sales process was taking place, has now kicked off again, with POS unearthing a bunch of greenfields targets to test with the drill bit.<\/p>\n<p>The recovering nickel price is also helping.<\/p>\n<p>Nickel up almost 3% today crossing that 20,000 usd\/tonne resistance.<\/p>\n<p>\u2014 West_Perth_Ponderer (@ASX_invest) <a href=\"https:\/\/twitter.com\/ASX_invest\/status\/1791266229015224569?ref_src=twsrc%5Etfw\">May 17, 2024<\/a><\/p>\n\n<p><a href=\"https:\/\/stockhead.com.au\/company\/helix-resources-hlx\/\" target=\"_blank\" rel=\"noopener\">Helix Resources (ASX:HLX)<\/a> raised $2.8m via rights issue to fund a drill campaign currently underway on a high priority geophysics anomaly at the Canbelego copper project near Cobar.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/power-minerals-pnn\/\" target=\"_blank\" rel=\"noopener\">Power Minerals (ASX:PNN)<\/a> has secured a handful of Singaporean and Chinese partners to develop its Rincon lithium project in Argentina.<\/p>\n<p>On establishment of the Rincon JV, PNN will hold a 41% interest and Chinese entity Li Energy Technology will hold a 59% interest.<\/p>\n<p>Electricity provider <a href=\"https:\/\/stockhead.com.au\/company\/locality-planning-energy-lpe\/\" target=\"_blank\" rel=\"noopener\">Locality Planning Energy Holdings (ASX:LPE)<\/a> updates FY24 guidance for a significant improvement in net profit to the range of $1.95m to $2m, compared to a net loss of $12m for FY23.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>LOSERS<\/strong><\/h2>\n<p><em>Stocks highlighted in yellow made market-moving announcements\u00a0(click headings to sort).<\/em><\/p>\n<div class=\"supsystic-table-loader spinner\"><\/div>\n<div class=\"supsystic-tables-wrap \">\n<div class=\"supsystic-tables-features\"><\/div>\n<p>Security Description Last % Volume MktCap IEC Intra Energy Corp 0.002 -33% 2,701,597 $5,072,345 SIH Sihayo Gold Limited 0.002 -33% 1,060,128 $36,612,769 BFC Beston Global Ltd 0.003 -25% 14,721 $7,988,188 GMN Gold Mountain Ltd 0.003 -25% 5,562 $11,902,023 ODE Odessa Minerals Ltd 0.003 -25% 1,150,000 $4,173,130 MSI Multistack Internat. 0.01 -23% 982 $1,771,951 KPO Kalina Power Limited 0.004 -20% 253,772 $12,431,970 PUA Peak Minerals Ltd 0.004 -20% 13,769 $5,206,883 CDT Castle Minerals 0.005 -17% 712,929 $7,346,958 MTL Mantle Minerals Ltd 0.0025 -17% 250,667 $18,592,338 <!-- \/#supsystic-table-14711.supsystic-table --><\/p>\n<div class=\"stbConditionsData\"><\/div>\n<\/div>\n<p><!-- \/.supsystic-tables-wrap --><!-- Tables Generator by Supsystic --><!-- Version:1.10.33 --><!-- http:\/\/supsystic.com\/ --><a title=\"Wordpress Table Plugin\" href=\"https:\/\/supsystic.com\/plugins\/wordpress-data-table-plugin\/?utm_medium=love_link\" target=\"_blank\" rel=\"noopener\">WordPress Table Plugin<\/a><br \/>\n<span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/news\/top-10-at-10-sluggish-nickel-stocks-stir-lithium-junior-inks-transformational-development-jv\/\">Top 10 at 10: Sluggish nickel stocks stir, lithium junior inks \u2018transformational\u2019  development JV<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Stockhead\u2019s Top 10 at 10, published at ~10.40am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. <a href=\"https:\/\/economicherald.net\/?p=9854\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":9855,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-9854","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Top 10 at 10: Sluggish nickel stocks stir, lithium junior inks \u2018transformational\u2019 development JV - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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