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ASX Today: Stocks to watch on Wednesday

ASX News
29 November 2023 09:45 (AEST)

ASX tickers on a large display. Source: Unsplash

It’s implied the ASX200 will rise today with futures up 0.21 per cent near 8:30 am AEDT.

The US had a green night, with the S&P up 0.10 per cent and the NASDAQ up 0.29 per cent.

Today in Australia: CPI data at 11.30 am AEDT.

Here’s which stocks are catching attention this morning:

EcoGraf (ASX:EGR) has updated the market on its application for a keystone loan.

The company “is pleased to announce that it has mandated KfW IPEX-Bank to obtain import credit cover from the Federal Republic of Germany.”

The company also highlighted IPEX will arrange a senior debt facility of up to US$105 million for its Epanko graphite project in Tanzania.

Shares last traded at 17 cents.

Talga Group (ASX:TLG) has completed an oversubscribed share purchase plan (SPP).

The SPP targeted A$15 million and Talga has now upped that to $19 million.

Talga MD Mark Thompson pointed towards strong support for the company evidenced by the oversubscription.

Shares last traded at $1.00.

ASX top gainer Wildcat Resources (ASX:WC8) has announced an extension of known pegmatites.

The Leia system is now confirmed to extend up to 2 kilometres.

New assay results include a 73-metre-thick intersection at 1.1 per cent lithium from 266 metres depth.

Shares last traded at 84 cents.

Euro Manganese (ASX:EMN) has announced its receipt of US$100 million worth of funding.

The funding comes from an entity called Orion to allow EMN to progress its Czech Republic Chvaletice manganese project.

Shares last traded at 10 cents.

Finally, uranium stalwart Deep Yellow (ASX:DYL) has issued an update on resource drilling growth.

Drilling at Tumas has seen DYL progress “towards” a 30+ year LOM at the Namibian asset.

Further resource drilling is planned “to the west of Tumas 3 during FY25”.

Shares last traded at $1.10.

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