BYH
0.005
66.7%
SFG
0.001
-50%
CTO
0.005
66.7%
TON
0.005
-28.6%
H2G
0.004
33.3%
ASB
3.51
-22%
VEN
0.004
33.3%
AAJ
0.012
-20%
FRS
0.029
26.1%
ADG
0.004
-20%
TAS
0.005
25%
CPV
0.2
-20%
ABE
0.029
20.8%
OSL
0.004
-20%
ODE
0.006
20%
TOU
0.012
-20%
RWL
0.28
19.1%
AVD
0.37
-19.6%
OIL
0.135
17.4%
PEK
0.097
-19.2%
PVT
0.007
16.7%
X2M
0.017
-19%
NMG
0.015
15.4%
G88
0.009
-18.2%
PR2
0.07
14.8%
ADY
0.005
-16.7%
DGR
0.008
14.3%
DTM
0.005
-16.7%
ENV
0.008
14.3%
TGH
0.025
-16.7%
LIO
0.016
14.3%
CF1
0.022
-15.4%
CAN
0.026
13%
NC6
0.033
-15.4%
MDR
0.13
13%
OD6
0.028
-15.2%
EMH
0.18
12.5%
OVT
0.006
-14.3%
EVG
0.018
12.5%
SHE
0.006
-14.3%

What’s Hot – IIQ, EMS, SGQ, KCC, NGI & GAL

What’s Hot, Not & Doing
Brought to you by TSN Contributor & Wealth Advisor Nick Kelso

What’s Hot – IIQ, EMS, SGQ, KCC, NGI & GAL
What’s Not – CHL

What’s Hot
IIQ – INOVIQ Limited today closed up 40% to finish at 65c on $3.4m stock traded. The reason they were up today was because they announced it had successfully produced and isolated engineered exosomes (EEVs) that target and kill breast cancer cells in vitro.

Modified exosomes were isolated and concentrated from immune cell-conditioned media using INOVIQ’s proprietary EXO-ACE technology.

EXO-ACE recovered more than 80% of exosomes from cell-conditioned media with over 95% purity and when treated with these exosomes, 75% of breast cancer cells underwent cell death within 72 hours.

EMS – Eastern Metals Limited today closed up 30% to finish at 4.3c on $270k stock traded. The reason they were up today was because they announced exploration results from its Browns Reef Project located in the southern Cobar Basin of NSW.

Mapping and pXRF traverses along the Woorara Fault, a regional-scale structure related to known mineralisation at the high-grade Pineview and Evergreen zones have identified anomalous zones.

Rock chip samples taken from Browns Reef returned highly anomalous grades of gold, copper, lead and zinc.

SGQ – St George Mining Limited today closed up 18% to finish at 2.6c on $500k stock traded. The reason they were up today was because they announced exploration results from its Destiny Project located in WA.

A recent gravity survey over the C1 target has confirmed a high gravity signature in the core of the feature which is consistent with a dense body and supporting the potential for the target to represent a carbonatite or mafic intrusion.

C1 has geophysical characteristics similar to known mineralised carbonatites including Lynas Rare Earth’s Mt Weld Project and WA1 Resources Luni discovery.

KCC – Kincora Copper Limited today closed up 16% to finish at 6.5c on $140k stock traded. The reason they were up today was because they announced they were granted the Wongarbon Project located on the extension of the Macquarie Arc in NSW.

This is a significant exploration opportunity for KCC which is evidenced by AngloGold Ashanti, FMG and S2 Resources’ having secured over 10,000km2 of exploration ground in the last 12 months.

Located in the Arc over this period is Cadia and North Parkes, Australia’s largest and second largest porphyry mines.

NGI – Navigator Global Investments Limited today closed up 14% to finish at $2.10 on $3.3m stock traded. The reason they were up today was because they announced an upgrade to its FY24 earnings.

NGI is a diversified alternative asset management company dedicated to partnering with leading management teams who operate institutional quality businesses globally.

Full year adjusted EBITDA is now expected to be between US$85m to $89m, representing an increase of between 76% and 84% on FY23 adjusted EBITDA of US$48.9m.

GAL – Galileo Mining Limited today closed up 12% to finish at 27.5c on $1m stock traded. The reason they were up today was because they announced a farm-in and joint venture agreement was signed with Mineral Resources (MIN.asx).

GAL will receive $7.5m in stage 1 for a 30% interest in the lithium rights of its Norseman Project located in WA.

MinRes can sole fund $15m of expenditure over four years to increase its stake in the JV to 55% in stage 2.

What’s Not
CHL – Camplify Holdings Limited today closed down 13% to finish at $1.265 on $260k stock traded. There was no news out today but last week they announced 7.8m shares were released from voluntary escrow.

Roughly a fortnight ago they announced an update to the market regarding the migration and integration of the PaulCamper GmbH platform.

Back in February, CHL began the migration project to move PaulCamper users to a single global platform, although due to technical complexities and customer migration issues, this project was delayed from an original 30 days to the end of April (60 odd days).

Rats Rant – IMPORTANT INFORMATION
The idea of this report is to be informative and hopefully point out some stocks that you wouldn’t ordinarily have seen during the day, maybe even have a laugh too.This report IS NOT personal advice. Sanlam Private Wealth Pty Ltd DOES NOT PROVIDE personal advice, Sanlam Private Wealth provides General Financial Product Advice.All advice included in The Rat’s Rant is General Advice. Please refer to the General Advice Warning. The views expressed in this report are my views and may not necessarily reflect the same views as Sanlam Private Wealth.It is very important to refer to the ASX website for information on any companies / stock that are contained in this report and as always please consult your financial adviser before acting.

Important Notice
Rat Consulting Pty Ltd (ABN 81 148 181 588 ) Authorised Representative (No 001281456) of Sanlam Private Wealth Ltd (ABN 18 136 960 775) holder of Australian Financial Services Licence (AFSL 337 927).