ASX Runners: Wide Open, Renergen, Resolution & | Australian Markets

The ASX is again feeling the complete fury of what the market is dubbing the “Trump Slump” – a tariff tantrum from the erratic chief of the free world that left the index down a bruising 10 per cent in a month.

Banks are copping it on the chin but again, whereas miners noticed some reprieve right now because of the iron ore price. Solely gold appears variety, because the safe-haven glow shines vivid amid Donald Trump’s chaos-stirring antics. The yellow metallic is teasing US$3000 (A$4700) an ounce for the primary time in historical past because the cashed-up sector continues its flurry of exercise.

Absolutely this purple tide can’t final without end – might we see a splash of inexperienced subsequent week? Or is the market poised for a dreaded useless cat bounce earlier than more bloodshed?

Some punters estimate Trump’s tariff sabre-rattling is a sly ploy to drive inflation and rates of interest down. In six months, the US will doubtless be compelled to refinance its unsustainable debt and decrease vitality prices. A weakened financial system, DOGE and tariffs may very well be the US President’s plan to get a decrease rate of interest.

Originative nickel producer Nickel Industries took a 28 per cent nosedive on Tuesday, shedding $600 million in worth as traders fretted over potential royalty hikes in Indonesia to fund social welfare packages resembling free college lunches, and patch up the nation’s funds.

Ora Banda smashed by means of a $2 billion market cap ceiling for the primary time, driving high on two huge, high-grade gold lode discoveries that stretched its Riverina camp into a 4.7 kilometre goal zone – more than doubling its gold size potential and hinting at years of further mine life.

Concern not, loyal Bulls N’ Bears Runners followers—this week’s ASX Runners of the Week checklist was a rollicking race, with early frontrunners overtaken by contemporary faces and late prices from acquainted favourites. Listed here are a few gems in an in any other case dreary week.

Vast Open Agriculture Ltd (ASX: WOA)

218% up (from 1.1c to three.5c)

Sustainable meals company Vast Open Agriculture was back for an additional lap, having maintained its sturdy momentum to take out this week’s Bulls N’ Bears ASX Runner of the Week.

The company began the week sturdy by saying initial gross sales and buy orders for more than 5 metric tonnes of its lupin protein isolate product on Monday. The gross sales have been snagged by a raft of Latin American distributors, European health meals and an Aussie producer.

The money isn’t game-changing but, however it was one other tasty proof-of-concept for Vast Open Ag’s world plant-protein push.

On announcement, the stock closed up 72 per cent on Monday, earlier than merchants took maintain on Thursday to push the share price to a high of 3.5 cents by lunchtime Friday. This was a 218 per cent gain from a close of 1.1c final week.

The company says its offers show lupins are lastly cracking the nut of long commercialisation timelines, delivering protein with a impartial flavour and health credentials for food merchandise resembling powders, plant-based milks, yoghurts and even a soy-free tofu.

Contemporary off its China win and Runner’s title simply two weeks in the past, Vast Open Ag is flexing on 5 continents, with more Asian saturation talks within the pipeline.

The sustainable food battler is backed by a scalable lupin provide from Western Australia, which allows it to focus on a premium market and is beginning to seem like a correct contender within the world health meals sector.

Renergen Ltd (ASX: RLT)

139% up (from 32c to 76.5c)

Renergen Restricted had a late charge in Friday trading to nab silver on the ASX Runners checklist on the death this week.

The company’s share price rocketed up 139 per cent from a close of 32c final week to a high of 76.5c this Friday on simply $70,000 value of stock traded, after the company introduced maiden business liquid helium gross sales from its absolutely operational Virginia gasoline plant in South Africa.

Renergen is an rising high-grade helium producer with current manufacturing and gross sales in compressed natural gasoline all through Africa.

The company has been within the wars of late after it was compelled to tell shareholders in February that it had entered business rescue discussions after questions have been raised about its helium manufacturing and a legal dispute with a neighbour.

The company’s share price plunged by more than half over the previous 12 months however rebounded in spectacular fashion on right now’s gross sales announcement.

After dealing with challenges cooling giant iso-containers to satisfy the acute temperatures needed for liquid helium storage – -269 levels Celsius – Renergen carried out an efficient different answer by promoting small 250-500-litre Dewars containers of liquid helium.

The company was glowing over its achievements, stating the business gross sales established by Renergen mark South Africa as one of simply eight nations worldwide at the moment supplying the world with liquid helium.

Decision Minerals Restricted (ASX: RML)

122% up (from 0.9c to 2c)

Decision Minerals shot out the gates into an early lead on this week’s Bulls N’ Bears ASX Runners checklist on the announcement that it had scooped up three cracking east coast antimony and gold exploration tasks. It ended up having to accept a bronze medal by Friday.

The company signed a binding settlement to amass the Drake East antimony-gold, the Spur South gold-copper tasks in New South Wales and the Neardie antimony project in Queensland.

The deal was an obvious steal at 25 million shares – costing 1c every – and $70k money plus entitlement choices for current shareholders.

With the charging antimony and gold price holding all-time highs, grabbing maintain of three new gold and antimony tasks appears a good tack.

Decision says Drake East hosts high-grade antimony and gold mineralisation, with pattern values as high as 5.72 per cent antimony, 60.9 grams per tonne (g/t) gold and 214g/t silver over a 15-kilometre strike.

The Neardie project has past-producing antimony mines with recorded mineralisation peaks of 19.5 per cent antimony, whereas Spur South’s magnetic anomaly hints at big-time gold potential in NSW’s outstanding Macquarie Arc.

With antimony becoming a member of gold as a tariff-war darling, this sub-$10m minnow and its 194 sq. kilometres of drill-ready targets may very well be in line for a second wind.

Steel Powder Works (ASX: MPW)

110% up (from 20c to 42c)

Spectacular newcomer Steel Powder Works rounds out the Runners checklist this week. The previous keyhole welding technology company, Okay-TIG Superior Welding Methods, topped the charts on debut on Tuesday when it stormed up 110 per cent from an IPO price of 20c to a high 42c, powered by $3.6 million in trades.

The company says it has revolutionised powder manufacturing to create a patented course of, which represents the primary true innovation of powder manufacturing in more than 50 years.

Contemporary from a $10m raise at 20c through broking outfit Morgans, the Pennsylvania-based Steel Powder re-listed to thunderous applause. The rally was made even more exceptional contemplating the market tanked 1 per cent that day.

The company’s flagship technology is its patented DirectPowder course of, which turns premium bar stock into high-yield (95%+) metallic powders from aluminium, copper, titanium and plenty of more. The powders are notably essential for aerospace and defence makes use of.

Conventional atomisation that yields simply 30 per cent powder from a manifestly energy-guzzling course of would appear toast. Steel Powder’s tech apparently slashes vitality utilization and carbon dioxide emissions by as a lot as 83 per cent, serving a premium product to a $6.9 billion market that’s hungry for additive manufacturing.

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