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Fertility specialist Memphasys (ASX:MEM) has again been popular on the HotCopper discussion boards, after it revealed four U.K. clinics are now actively commercial trialling its Felix system, with first orders received from multiple sites within weeks of the company’s initial in-market engagement.
Trialling clients include large IVF conglomerates with multiple sites across the UK that conduct more than 10,000 cycles per annum, to smaller private clinics, demonstrating the broad appeal of Felix.
MEM was up +16.7%, to 0.7cps at the time of writing.
Xpedra Resources (ASX:XPD) was also popular on the forums after it reported significant assay results for four additional holes from its maiden RC drill program at the Springfield gold deposit in the Lachlan Fold Belt, NSW.
Assay results further demonstrated the presence of broad, shallow gold mineralisation within the main corridor at Springfield, returning 44 metres at 2.03 grams per tonne from one metre and 24m at 2.97 g/t from surface.
XPD has been up +11.8% after the results were shared, to 1.9¢.
And, finally, MinRes (ASX:MIN) slid after it reported it would place its Australian Garnet operation north of Perth into care and maintenance after a review into the impact of the Middle East crisis. A review of the operation’s financial performance found the Middle East region represents a significant proportion of garnet sales. The move will impact approximately 110 employees.
Combined with higher diesel and shipping costs, the review has elected to transition the project into maintenance from July 1.
MIN has been down -7.50% to lunchtime today.
Looking wider, the ASX 200 started lower today, dropping 30 points.
That’s Thursday’s HotCopper Trends, I’m Colin Sandell-Hay – see you for close.
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