Wall Street held onto gains overnight after dropping at the open, as investors assess the geopolitical situation in the Middle East and digest positive economic reports.
The ASX SPI 200 is up 24 points to 5254.
The Australian All Ordinaries lost ground today, but that didn’t reflect the momentum of this regenerative medicine company.
Regeneus has multiplied its opportunities to be a first-mover in fast-growing stem cell therapy markets by securing commercial rights to a world-first technological innovation.
Cellmid has been granted a Japanese patent for its novel target midkine formulation for hair growth treatments, further expanding its marketing reach in this fast-growing sector and adding to the intellectual property assets of subsidiary, Advangen Limited.
Impact Minerals has finished a three-month surveying program at its Mulga Tank nickel project in Western Australia, setting up the possible definition of drill targets in a region increasingly characterised by giant deposits.
Further second phase drilling will add to the resource upgrade at Isabel nickel project due to be announced in the Solomon Islands next month. However, Axiom is moving on multiple development fronts to fast track mining at the project.
Alexium's foray into the automotive sector highlights the breadth potential of the company's technologies, in their ability to be used across sectors and applications.
Carnarvon Petroleum is on the cusp of a much anticipated exploration program at its Roc oil well in Australia’s North West Shelf, with a rig now on location and awaiting final approvals.
Second phase testwork has de-risked the planned utilisation of heap leaching at the Etango deposit, adding to confidence that the Etango uranium project in Namibia will be one of the key new projects in a growing nuclear space.
Toro Energy has refinanced its Macquarie Bank debt with interest free funding from the Sentient Group to eliminate interest obligations and allow for a more focused push forward as the company's Western Australian uranium development operations accelerate.
Assays from the first diamond hole are expected within two weeks. Cardinal will continue drilling selective holes, submitting the samples and be on standby as results are received. This will ensure strong exploration news flow.
The appointment of former COO of Potash Corporation of Saskatchewan (Market Cap: US$16 billion) to the Highfield Board continues the strong progress made in the fast track development of the Muga potash project.