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Welcome to the start of Tuesday.
The ASX200 is set for a second flat day with futures up 0.03% near 8.30am AEDT.
Stocks catching eyes this morning:
Poseidon Nickel (POS) has announced a leadership transition.
This follows “new funding.”
Poseidon’s CFO will become CEO as the current chief departs.
Shares last at 0.8c.
Ionic Rare Earths (IXR) has made a production update.
The company says it has produced high purity terbium oxide.
Terbium is one of the more high-value REEs.
Shares last at 1.8c.
Bellevue Gold (BGL) has made an exploration update.
The company says it’s found “high-grade shoots” at Deacon.
One 10m section came in @ 66.8g/t gold.
Shares last at $1.72.
Elevate Uranium (EL8) has updated on its Koppies play.
Drilling has completed for the inferred resource.
While uranium remains a strong thematic, prices have actually slipped closer to US$90/lb.
Shares last 50c.
Magmatic Resources (MAG) has made an update on its operations.
Drilling will recommence at Wellington North.
The company is on the hunt for copper and gold.
Shares last 6.6.c.
