Latest news with #BullsN'Bears'
Sydney Morning Herald
4 days ago
- Business
- Sydney Morning Herald
Runners of the Week: OD6 Metals, Mount Ridley Mines, ActivePort & ETM
Bulls N' Bears' ASX Runner of the Week is Aussie rare earths renegade OD6 Metals, which joined the critical minerals chorus this week with a transformational saleable product produced at its mammoth clay-hosted Splinter Rock rare earths project near Esperance on Western Australia's south coast. The company unveiled a high-quality mixed rare earth carbonate product, which comes in at a promising 56 per cent total rare earth oxides (TREO). It has also produced a mixed rare earth hydroxide at about 59 per cent TREO. The company produced the rare earths with the help of industry leader ANSTO using a much-simplified scalable heap leach process, which will drastically reduce the operational costs and capex of its final clay processing facilities. OD6 says its new plant flowsheet will slash hydrochloric acid use from 37.12 kilograms per tonne to 7.12kg/t, while boosting recoveries to an impressive 79 per cent TREO. By ditching costly tank leaching for a heap leach pad, the company has eliminated complex steps such as clay washing, using energy-intensive filters and recycling about 80 per cent of its acid, which is its most costly operational input. OD6 says its product should fetch a premium thanks to its high percentage of the magnet rare earths neodymium, praseodymium, dysprosium and terbium. It also has ultra-low levels of impurities uranium and thorium. The company's share price rocketed 250 per cent on Wednesday and Thursday to peak at 10.5 cents from last week's 3c close, fuelled by a massive $5 million in stock traded. OD6 will now court off-take partners across North America, Europe and Asia for its massive 682 million tonne resource at 1338 parts per million (ppm) TREO. With the talk of price floors and a massive slashing in costs at Splinter Rocks, OD6 has catapulted itself back into the Australian rare earths fray, closing the week in a trading halt ahead of raising funds for a renewed clay hosted rare earths push at its monster WA project. MOUNT RIDLEY MINES LTD (ASX: MRD) Up 250% (0.2c – 0.7c) Snagging silver this week is OD6's Esperance neighbour, Mount Ridley Mines, which rode the rare earths coat tails of its dazzling big brother in the region to see its share price also surge 250 per cent on the week. Mount Ridley's stock rose from 0.2c per share last week to a high 0.7c on Thursday. Given Bulls N' Bears doesn't do draws, and on the basis of it releasing no news, Mount Ridley took a backseat to the OD6, which is doing a lot of heavy lifting in the complex chemical processing department. Mount Ridley's eponymous project is just a stone's throw from Splinter Rock and hosts its own smaller, but still considerable, 168-million-tonne clay-hosted resource grading at 1201ppm TREO. The company says mineralisation at the project is highly analogous to OD6's clays and that previous hydrochloric acid leaching tests positions it as a dark horse to compete on the same field as its more advanced sibling. Mount Ridley kicked off its own capital raise on the week, spelling out a $830,000 raise and rights combo to advance its metallurgical testwork with ANSTO, mirroring OD6's heap leach innovations. The project's proximity to Splinter Rock and shared geological traits have given it a second chance at life. For now, this Esperance underdog is riding the sector's tailwinds, but with the world eager to get its hands on a Western rare earths supply, there looks to be plenty of upside left in this $3 million market cap minnow. ACTIVEPORT GROUP LTD (ASX: ATV) Up 200% (1.1c – 3.3c) Charging late to claim the final podium place on Bulls N' Bears Runners is AI solutions co-ordinator Activeport Group, after it launched Australia's first private cloud superhighway Private-Cloud Connect. The fibre service offers variable bandwidth for private cloud operators and demand inflow, allowing it to deliver a flexible premium service at a reduced cost. Private-Cloud now hosts three big customers DigiCo, Equinix and NextDC, which are tapping into Activeport's software-orchestrated network for secure and scalable connectivity. With the Australian artificial intelligence market projected to hit $22 billion by 2030, at a staggering 17 per cent annual growth rate, Activeport says its platforms are cornering a market niche linking private businesses to high-powered data centres. The market certainly lapped it up, with pundits piling into the stock on Thursday's ASX announcement. The company's share price rocketed to close the week at 3.3c today, up 200 per cent from 1.1c last week, on more than $9 million in stock traded. The company's ability to scale for heavy workloads, such as data migrations, while optimising daily operations costs has got the sector talking. Activeport's rapid customer uptake signals it as a strong market fit, allowing Private-Cloud Connect to leverage Australia's growing colocation infrastructure. The company's early dominance has its eyeing partnerships to scale its network into Asia and beyond. With the ASX buzzing over tech innovators, some Aussie darlings are seemingly showing their metal. ENERGY TRANSITION MINERALS LIMITED (ASX: ETM) Up 180% (5.5c – 15c) Closing out the Runners list this week is another rare earths hopeful in Energy Transition Minerals (ETM), which last week strategically scooped up its Penouta tin-tantalum-niobium mine in Galicia, Spain, for €5.2 million (A$9.2m) through an insolvency process. Surprisingly, that wasn't why the company's share price was running. Despite its promising new project, a feature story on Channel Nine's 60 Minutes program on Sunday really got ETM's stock going. Company management rather cheekily suggested on air that there were billions to tens of billions of dollars' worth of value in the ground at its Kvanefjeld rare earths project in southern Greenland, which is owned through an ETM subsidiary. This was followed by a quick retraction followed on Monday, but the company's share price was already humming. It shot from 5.5c to 15c intraday on a massive $13 million in stock traded. As the 60 Minutes' segment highlighted, Greenland is now and has long been opposed to mining, which might be why ETM added its Penouta project to the fold last week. The tin mine looks an absolute steal and has a shot at operating in the near term. Its existing infrastructure includes a new 1-million-tonne per annum gravity processing plant, which is primed for a restart, pending Spanish regulatory approvals. Acquired at a steep discount from its €28 million ($49.5 million) historical cost, Penouta's sunk capital and recent operation has ETM saying it offers a low-risk bet in a promising tin market experiencing its own supply squeezes. Penouta has a 1.1-billion-tonne rare earths resource, which complements its near-term cash flow potential. Additionally, ETM is freshly cashed up to navigate the project's regulatory approvals process and any permitting hurdles. One thing's for sure, if it can use its Spain proceeds to pull off its mammoth mine in Greenland, ETM will be on its way to becoming a powerhouse rare earths provider on a global scale.
The Age
4 days ago
- Business
- The Age
Runners of the Week: OD6 Metals, Mount Ridley Mines, ActivePort & ETM
Bulls N' Bears' ASX Runner of the Week is Aussie rare earths renegade OD6 Metals, which joined the critical minerals chorus this week with a transformational saleable product produced at its mammoth clay-hosted Splinter Rock rare earths project near Esperance on Western Australia's south coast. The company unveiled a high-quality mixed rare earth carbonate product, which comes in at a promising 56 per cent total rare earth oxides (TREO). It has also produced a mixed rare earth hydroxide at about 59 per cent TREO. The company produced the rare earths with the help of industry leader ANSTO using a much-simplified scalable heap leach process, which will drastically reduce the operational costs and capex of its final clay processing facilities. OD6 says its new plant flowsheet will slash hydrochloric acid use from 37.12 kilograms per tonne to 7.12kg/t, while boosting recoveries to an impressive 79 per cent TREO. By ditching costly tank leaching for a heap leach pad, the company has eliminated complex steps such as clay washing, using energy-intensive filters and recycling about 80 per cent of its acid, which is its most costly operational input. OD6 says its product should fetch a premium thanks to its high percentage of the magnet rare earths neodymium, praseodymium, dysprosium and terbium. It also has ultra-low levels of impurities uranium and thorium. The company's share price rocketed 250 per cent on Wednesday and Thursday to peak at 10.5 cents from last week's 3c close, fuelled by a massive $5 million in stock traded. OD6 will now court off-take partners across North America, Europe and Asia for its massive 682 million tonne resource at 1338 parts per million (ppm) TREO. With the talk of price floors and a massive slashing in costs at Splinter Rocks, OD6 has catapulted itself back into the Australian rare earths fray, closing the week in a trading halt ahead of raising funds for a renewed clay hosted rare earths push at its monster WA project. MOUNT RIDLEY MINES LTD (ASX: MRD) Up 250% (0.2c – 0.7c) Snagging silver this week is OD6's Esperance neighbour, Mount Ridley Mines, which rode the rare earths coat tails of its dazzling big brother in the region to see its share price also surge 250 per cent on the week. Mount Ridley's stock rose from 0.2c per share last week to a high 0.7c on Thursday. Given Bulls N' Bears doesn't do draws, and on the basis of it releasing no news, Mount Ridley took a backseat to the OD6, which is doing a lot of heavy lifting in the complex chemical processing department. Mount Ridley's eponymous project is just a stone's throw from Splinter Rock and hosts its own smaller, but still considerable, 168-million-tonne clay-hosted resource grading at 1201ppm TREO. The company says mineralisation at the project is highly analogous to OD6's clays and that previous hydrochloric acid leaching tests positions it as a dark horse to compete on the same field as its more advanced sibling. Mount Ridley kicked off its own capital raise on the week, spelling out a $830,000 raise and rights combo to advance its metallurgical testwork with ANSTO, mirroring OD6's heap leach innovations. The project's proximity to Splinter Rock and shared geological traits have given it a second chance at life. For now, this Esperance underdog is riding the sector's tailwinds, but with the world eager to get its hands on a Western rare earths supply, there looks to be plenty of upside left in this $3 million market cap minnow. ACTIVEPORT GROUP LTD (ASX: ATV) Up 200% (1.1c – 3.3c) Charging late to claim the final podium place on Bulls N' Bears Runners is AI solutions co-ordinator Activeport Group, after it launched Australia's first private cloud superhighway Private-Cloud Connect. The fibre service offers variable bandwidth for private cloud operators and demand inflow, allowing it to deliver a flexible premium service at a reduced cost. Private-Cloud now hosts three big customers DigiCo, Equinix and NextDC, which are tapping into Activeport's software-orchestrated network for secure and scalable connectivity. With the Australian artificial intelligence market projected to hit $22 billion by 2030, at a staggering 17 per cent annual growth rate, Activeport says its platforms are cornering a market niche linking private businesses to high-powered data centres. The market certainly lapped it up, with pundits piling into the stock on Thursday's ASX announcement. The company's share price rocketed to close the week at 3.3c today, up 200 per cent from 1.1c last week, on more than $9 million in stock traded. The company's ability to scale for heavy workloads, such as data migrations, while optimising daily operations costs has got the sector talking. Activeport's rapid customer uptake signals it as a strong market fit, allowing Private-Cloud Connect to leverage Australia's growing colocation infrastructure. The company's early dominance has its eyeing partnerships to scale its network into Asia and beyond. With the ASX buzzing over tech innovators, some Aussie darlings are seemingly showing their metal. ENERGY TRANSITION MINERALS LIMITED (ASX: ETM) Up 180% (5.5c – 15c) Closing out the Runners list this week is another rare earths hopeful in Energy Transition Minerals (ETM), which last week strategically scooped up its Penouta tin-tantalum-niobium mine in Galicia, Spain, for €5.2 million (A$9.2m) through an insolvency process. Surprisingly, that wasn't why the company's share price was running. Despite its promising new project, a feature story on Channel Nine's 60 Minutes program on Sunday really got ETM's stock going. Company management rather cheekily suggested on air that there were billions to tens of billions of dollars' worth of value in the ground at its Kvanefjeld rare earths project in southern Greenland, which is owned through an ETM subsidiary. This was followed by a quick retraction followed on Monday, but the company's share price was already humming. It shot from 5.5c to 15c intraday on a massive $13 million in stock traded. As the 60 Minutes' segment highlighted, Greenland is now and has long been opposed to mining, which might be why ETM added its Penouta project to the fold last week. The tin mine looks an absolute steal and has a shot at operating in the near term. Its existing infrastructure includes a new 1-million-tonne per annum gravity processing plant, which is primed for a restart, pending Spanish regulatory approvals. Acquired at a steep discount from its €28 million ($49.5 million) historical cost, Penouta's sunk capital and recent operation has ETM saying it offers a low-risk bet in a promising tin market experiencing its own supply squeezes. Penouta has a 1.1-billion-tonne rare earths resource, which complements its near-term cash flow potential. Additionally, ETM is freshly cashed up to navigate the project's regulatory approvals process and any permitting hurdles. One thing's for sure, if it can use its Spain proceeds to pull off its mammoth mine in Greenland, ETM will be on its way to becoming a powerhouse rare earths provider on a global scale.
Sydney Morning Herald
13-06-2025
- Business
- Sydney Morning Herald
ASX Runners of the Week: Icetana, Resolution Minerals and Highfield
Is it the end of the world as we know it? Not for the ASX, it seems. After hitting record all-time highs on Wednesday, the market took a breather on Thursday and Friday, pulling back just 0.75 per cent as Israel - and by extension the United States - seemingly declared war on Iran. The market said 'no problemo' to the news, instead piling into oil as the Brent price surged as much as 18 per cent on Friday morning to US$78.50 (A$121) a barrel. Try not to worry about World War III. Instead, make sure to fill up at the bowser today, as it won't be pretty come tomorrow morning. Aside from a surging oil price, military attacks on an OPEC member and nuclear powerhouse result in safe haven spending, of course, with the gold price up more than US$100 to US$3430 an ounce to end the week. Bulls N' Bears' ASX Runners of the Week list was a mixed bag, with juniors only just holding out major Woodside Energy – which saw its share price go up a staggering 7 per cent on Friday – to surprisingly feature no oil and gas stocks at all. This week's podium went to a junior AI solutions provider that partnered with a global revolutionary robotics developer while simultaneously raising capital for its partner at a premium. ICETANA LIMITED (ASX: ICE) Up 169% (1.6c – 4.3c) This week's Bulls N' Bears ASX Runner of the Week is AI analytics solution provider Icetana Limited, which sent the market into a state on Tuesday after sealing four blockbuster agreements with SoftBank Robotics Group.
The Age
13-06-2025
- Business
- The Age
ASX Runners of the Week: Icetana, Resolution Minerals and Highfield
Is it the end of the world as we know it? Not for the ASX, it seems. After hitting record all-time highs on Wednesday, the market took a breather on Thursday and Friday, pulling back just 0.75 per cent as Israel - and by extension the United States - seemingly declared war on Iran. The market said 'no problemo' to the news, instead piling into oil as the Brent price surged as much as 18 per cent on Friday morning to US$78.50 (A$121) a barrel. Try not to worry about World War III. Instead, make sure to fill up at the bowser today, as it won't be pretty come tomorrow morning. Aside from a surging oil price, military attacks on an OPEC member and nuclear powerhouse result in safe haven spending, of course, with the gold price up more than US$100 to US$3430 an ounce to end the week. Bulls N' Bears' ASX Runners of the Week list was a mixed bag, with juniors only just holding out major Woodside Energy – which saw its share price go up a staggering 7 per cent on Friday – to surprisingly feature no oil and gas stocks at all. This week's podium went to a junior AI solutions provider that partnered with a global revolutionary robotics developer while simultaneously raising capital for its partner at a premium. ICETANA LIMITED (ASX: ICE) Up 169% (1.6c – 4.3c) This week's Bulls N' Bears ASX Runner of the Week is AI analytics solution provider Icetana Limited, which sent the market into a state on Tuesday after sealing four blockbuster agreements with SoftBank Robotics Group.
Sydney Morning Herald
30-05-2025
- Business
- Sydney Morning Herald
ASX Runners of the Week: Eden, Focus Minerals, InFocus & Dateline
The company's shares bounced back from a lowly 0.15c per share close last week to trade at 0.5c per share on Friday, up 333 per cent, on nearly $1 million of paper traded across two days. Eden's star carbon nanotube-enriched concrete additive, EdenCrete, is shaking up the increasingly green concrete industry by boosting batch strength while slashing the need for carbon-heavy ordinary Portland cement. A major win came with a $141,000 order from Holcim US for a 22-storey high-rise in Denver, which is Eden's first big-ticket commercial project. The market lapped it up, with shares surging on Eden's green concrete breakthrough into high-rise buildings, one of the biggest addressable markets. Meanwhile, Eden's OptiBlend dual-fuel kit, which lets diesel generators run cleaner on natural gas, continues to hum in the background, fuelling company sales across the US and India. With concrete giants such as Holcim jumping on board and sales breaking into the mammoth high-rise building industry, Eden looks poised to cement its place as a clean tech leader. If its momentum holds, the company could go from market battler to skyscraper-high regular in quick succession. FOCUS MINERALS (ASX: FML) up 161% (23c – 60c) Bulls N' Bears' silver medallist this week is Western Australian gold miner Focus Minerals, which shot up like a prospector's pickaxe on Tuesday thanks to a juicy $250M cash deal to offload its Laverton gold project to $5 billion market darling Genesis Minerals. Punters were left scrambling to pick up shares in the cashed-up gold miner on Monday, with a whopping $5.2M traded to push the company's shares up 161 per cent to 60c per share. Nestled in WA's prolific Leonora-Laverton district, the Laverton project is a stone's throw from Genesis' massive 3-million-tonne per annum Laverton mill. The acquisition looks like a perfect fit for Genisis and is set to churn out ample tonnages of open pit and underground gold ore for the company's hungry mill. The deal contains no pesky conditions precedent and is set to seal in early June, handing Focus a mountainous $250M in cash, which looks very timely considering the company is lugging around $187M in debt. Focus will retain its producing Coolgardie gold project, where it cracked a record mining output in the past quarter. Its Three Mile Hill mill processed a thumping 370,262 tonnes for a handy 5376 ounces of gold at $4388 per ounce. With its Bonnie Vale underground mine ahead of schedule and its Alicia open pit firing up, Focus could be hitting its straps in no time, as it looks to increase its lower-grade gold ore with higher-grade output from the newer mines. Laverton's synergistic sale sent Focus' shares flying as investors bet on the company's cash windfall to turn its luck around in a red-hot gold price environment. With Coolgardie's Bonnie Vale underground cranking out ore and a new 80-room camp to house its growing crew, Focus is sitting pretty to join the mid-cap success stories of WA's gold sector – aided by its newfound financial flexibility. INFOCUS GROUP HOLDINGS (ASX: IFG) up 140% (0.5c – 1.2c) Taking out the final podium spot on Runners of the Week is digital solutions experts InFocus Group, which shot out of a cannon on Tuesday by unveiling a blockbuster US$3.25M (A$5M) deal to become the exclusive tech partner for Taiwanese gaming guru TG Solutions Consulting. A feeding frenzy ensued with the company's share price rocketing 140 per cent to 1.2c per share on a sizzling $1.2M in stock traded. This was nearly as much as the entire company's preannouncement market valuation of $1.3M. InFocus says it is set to build a cutting-edge iGaming platform for TG's white-label distribution. It promises to be packed with bells and whistles, such as a polymarket-inspired dynamic odds system, digital collectibles, tokenised loyalty programs and crypto payments. The contract includes milestone-based payments and locks in InFocus as TG's go-to tech partner for all future rollouts. The company says it's a growing market trend as predictive gaming evolves thanks to big data, analytics and cybersecurity expenditure. Investors would seem to agree, betting big on InFocus's pivot into the red-hot iGaming sector. With trials wrapping up and the platform set to launch within two years, the company looks well-positioned at the forefront of a digital gaming revolution that might return the market minnow to its former glory. DATELINE RESOURCES (ASX: DTR) up 86% (5.5c – 10.25c) Finally, Dateline Resources has hit the Runners list for the third time in almost as many weeks. Attempting its best 'broken record' impersonation and continuing to break its share price highs, the US-based junior goldie's share price has risen an eye-watering 1950 per cent this quarter and shows no signs of slowing down. The company's shares peaked on Friday at 10.25c, up 86 per cent over the week, on a monumental $80M in shares traded. Following Trump's Truth Social championing of the company's 'rare earths mine' earlier this month, Dateline continued its breakout on Tuesday when it told the market its Colosseum project in California could be sitting on a much larger gold system than previously realised. A recent rock chip program picked up several outcropping felsite dykes up 1 kilometre west and 4km southwest of the existing pit, which appear to follow a deliberate geological trend. Adding fuel to the fire, results of a fresh surface geochemical survey now point to concealed breccia pipes lurking just beyond the rim of the mine's historic pits. The company says the new mineralisation lines up like clockwork with its known structural gold system and could point to a string of satellite intrusions which, if confirmed, could unearth even more gold-rich breccia pipes brewing just below the surface. The latest rock samples lit up with classic pathfinder elements such as antimony, bismuth and tellurium, which are textbook signs of an intrusion-related gold system. These IRGS-style systems are known for their layered structure, with lighter elements floating near the surface and the real prize - gold - tending to settle deeper. Armed with a fresh trail of geological breadcrumbs, Dateline is ramping up for its next big move. More surface sampling is underway, and the company is locking in its first drilling campaign beyond the pit walls. The program will chase the projected path of the newly mapped felsite dykes and test if the Colosseum's breccia pipes are just the tip of a much bigger, vertically stacked golden iceberg. If the upcoming drill campaign strikes more gold, it could blow the doors open on Dateline's already impressive 1.1-million-ounce resource and unlock a whole new chapter of potential at Colosseum.
