How was your Monday?
Some news from the battery space…
UBS analysts forecast that LFP batteries could make up 40% of the global battery market by 2030.
Lithium iron phosphate (LFP) offers high current rating, long cycle life, good thermal stability and enhanced safety without the need for any cobalt.
Tesla is already transitioning half of its new fleet to LFP batteries…
This certainly bodes well for our portfolio company ASX:AEV, that has recently signed an MOU in relation to its Wonarah Project with global LFP cathode manufacturer, Aleees and the NT Government.
Across Markets…
The S&P/ASX 200 fell 0.3 per cent to 6456.9 on Monday, weighed down by the consumer staples and technology sectors.
The energy sector was buoyed by an increase in oil prices as OPEC+ mulls cutting oil production; Ampol added 1.4 per cent to $2916, Woodside Energy firmed 1.2 per cent to $32.05 and Santos climbed 1.1 per cent to $7.17.
Core Lithium fell 4.1 per cent to $1.06 after completing its $100 million placement at $1.03 a share.
European stock futures fell amid concerns over economic and political turmoil in the UK, and as the challenges facing Credit Suisse weighed on sentiment.
December contracts on the Euro Stoxx 50 Index fell as much as 2.4 per cent in Asian morning trading hours and FTSE 100 futures declined as much as 1.8 per cent before both pared losses.
Volumes were thin amid holidays in China, South Korea and Sydney.
Source: AFR
Australia could soon follow in the footsteps of other leading countries that use nuclear energy as part of their power mix, after nine coalition senators backed laws to remove the nation’s nuclear energy ban.
The nine coalition senators moved to introduce a Private Senators Bill, arguing nuclear power is one of the safest forms of energy and will play a vital role in achieving the nation’s emission targets moving forward.
Nationals senator Matt Canavan said the “mood is shifting” on nuclear energy, as the public and other politicians feel the need to explore all energy options for the future.
The ban on nuclear energy originated in 1998 when the former Howard government needed to trade it off to get parliamentary support for the construction of a new, nuclear reactor for medical purposes at Lucas Heights.
Senator Canavan said the appetite for nuclear energy has grown since the government signed on to buy nuclear-powered submarines.
Source: SmallCaps
Sector: Uranium
Deal Type: IPO
Raise Amount: $7.5M
Latest Entry Price: $0.20
Today’s Price Change: $0.33 Unchanged
Sector: Energy
Deal Type: Placement
Raise Amount: $933K & $5.8M
Latest Entry Price: $0.08 with a 1:2 Listed Option
Today’s Price Change: $0.028 -12.50%
Company: Volt Resources Ltd. (ASX:VRC)
Sector: Battery Metals
Deal Type: Placement
Raise Amount: $5.75M
Latest Entry Price: $0.011
Today’s Price Change: $0.025 Unchanged
Company: Castle Minerals Ltd. (ASX:CDT)
Sector: Battery Metals/Base Metals
Deal Type: Placement
Raise Amount: $1.52M
Latest Entry Price: $0.03 with a 1:3 CDTOA
Today’s Price Change: $0.023 -8.00%
Company: Avenira Ltd. (ASX:AEV)
Sector: Phosphate
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.01 with a 1:2 Listed Option
Today’s Price Change: $0.012 Unchanged
Company: Latrobe Magnesium Ltd. (ASX:LMG)
Sector: Magnesium
Deal Type: Placement
Raise Amount: $3M & $11.5M
Latest Entry Price: $0.10 with a 1:4 LMGO
Today’s Price Change: $0.078 Unchanged
Company: Metgasco Ltd. (ASX:MEL)
Sector: Energy
Deal Type: Underwritten Rights Offer
Raise Amount: $4.58M
Latest Entry Price: $0.025 with 1:3 listed option
Today’s Price Change: $0.023 -4.17%
Company: Askari Metals Ltd (ASX:AS2)
Sector: Mining
Deal Type: IPO
Raise Amount: $5.7M
Latest Entry Price: $0.35 with a 1:3 AS2O
Today’s Price Change: $0.295 -4.84%
Company: Tymlez Ltd (ASX:TYM)
Sector: Blockchain
Deal Type: IPO/On-market purchase
Raise Amount: $13.3M
Latest Entry Price: $0.01
Today’s Price Change: $0.025 +4.17%
Company: iCandy (ASX:ICI)
Sector: Gaming & Digital Advertising
Deal Type: Placement
Raise Amount: $1.25M
Latest Entry Price: $0.02 with a 1:1 ICIOB
Today’s Price Change: $0.069 -4.17%
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5M
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.023 +4.55%
Company: Lobe Sciences (CSE:LOBE)
Sector: Medtech
Deal Type: Pre-IPO
Raise Amount: $1.5M
Latest Entry Price: $0.05 with a 1:1 Warrants
Today’s Price Change: $0.10 -4.76%
Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.26 Unchanged
Sector: Satellite Communication
Deal Type: Placement
Raise Amount: $5.3M & $5M
Latest Entry Price: $0.44 with a 1:4 Option
Today’s Price Change: $0.245 -5.77%
Company: Nanollose Limited (ASX:NC6)
Sector: Biomaterials
Deal Type: Placement
Raise Amount: $2.85M
Latest Entry Price: $0.10 with a 1:2 NC6OA
Today’s Price Change: $0.068 Unchanged
Company: ReNu Energy Limited (ASX:RNE)
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.09 with a 1:4 RNEO
Today’s Price Change: $0.04 -4.76%
Company: Cipherpoint Limited (ASX:CPT)
Sector: Cybersecurity
Deal Type: Placement
Raise Amount: $2.9M
Latest Entry Price: $0.005 with a 1:1 Listed Option
Today’s Price Change: $0.004 Unchanged
Company: Metals Australia Limited (ASX:MLS)
Sector: Lithium/Graphite
Deal Type: Placement
Raise Amount: $7.8M
Latest Entry Price: $0.078 with 1:1 MLSOD
Today’s Price Change: $0.041 -4.65%
Sector: Mining
Deal Type: Underwritten Rights Offer
Raise Amount: $2.98M
Latest Entry Price: $0.24 with a 1:1 BOAOA
Today’s Price Change: $0.10 -4.76%
Company: BBX Minerals Ltd (ASX:BBX)
Sector: Mining
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.082 with a 1:1 BBXOA
Today’s Price Change: $0.06 -1.64%
Sector: Consumer Discretionary
Deal Type: Seed, Bridging and IPO
Raise Amount: $10M
Latest Entry Price: $0.08 with a 1:1 CLBO
Sector: CBD
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today’s Price Change: $0.011 +10.00%
Sector: Cannabis and Hemp
Deal Type: Placement
Raise Amount: $6.6M
Latest Entry Price: $0.033 with 1:2 ECSO
Today’s Price Change: $0.021 Unchanged
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