Saferoad, Errawarra, RareX & Belararox

Bulls n ‘Bears Asx Runner of the week is the road safety company …

The company climbed Tuesday after having pocketed a nice $ 10.8 million from blocking its road safety rental business to the Onsite Rentals Group equipment rental company.

SaFeroads will pockese a profit $ 4.6 million in profit from the sale, while simultaneously cuts general expenses. The company can now focus on its main concert: create and sell road safety equipment. It has a portfolio of intellectual property which is flourishing in the sector.

The sale side must have been particularly limited as it used less than $ 500,000 of shares exchanged to move the price of the actions of the road safety company on an increase of 424 percent to a maximum of 21.5 cents from miserable 4.1 ° C closure last Friday.

Understandably, SaFoferoAd was assessed at around $ 1.8 million last week.

The company also revealed the plans to eliminate a special dividend 10c A for sharing the value of $ 4.37 million, while the cash remained in the circulating capital and a product order of 3 million dollars from onsite was channeled.

Could the spreading of its rental weapons turn the screenplay for profitability for the new Darling of the market? A leaner operation built on patented barriers, signs and busy solutions may not be exactly what made the market buzzed, but it could be a dividend that made the experts drool.

Errawarra Resources Limited (Asx: Erw)

228% on (from 2.5 ° C to 8.2 ° C)

Errawarra’s resources remained in silver this week – literally and in a figurative sense. The explorer of Western Australia saw the action of the market when he acquired a 70 % participation in his Silver project by Elizabeth Hill in Pilbara.

The project, acquired by Greentech Metals, was a serious silver manufacturer, pumping about 1.2 m ounces of silver alone 16,000 tons of mineral at one vote of about 2194 grams per tonne. Greentech achieved the result in one year, before the low prices killed him in 2000.

Historical perforation campaigns have fracted a treasure of large shots, including 11.7 meters at a huge 5371 grams per ton (g/t) 13 m 13 m, 24 but 1228 g/t 64 m silver, a long 43 but 370 g/t in surface silver and 24.8 m of a 915 g of 2 m silver 2 m.

The shares of the company jumped by 228 percent, hitting 8.2 ° C Tuesday from the closing of 2.5 ° C last week with a modest $ 750,000 of shares exchanged in the first two days.

The 50 % wave of the silver price undoubtedly illuminated the fuse for Errawarra to consolidate its package of 180 square kilometers around the first first for any explorer in the region-which is in a large ultramophical complex with unsuccessful potential.

The project is in a mining lease granted, all its perforation approvals are in hand and the new heavy hitter of Board Robert Mosig is for the track of a quick exploration.

Consultants are already scattering geology, attracting parallels to some giants of global silver, which has prompted Errawarre to prefigure a change of name in West Coast Silver which is now in the process.

The company has propagated the near and regional rise, with an immediate perforation ready to test a high -grade silver nucleus. In such a warm silver market, the glittering past of Elizabeth Hill could unleash a dazzling future and even a wave of new silver acquisitions intended for the runners of the glory of the week.

Rarex Limited (Asx: Ree)

219% on (from 0.8 ° C to 2.5 ° C)

Rarex Limited has stormed the doors this week with another considerable 219 %increase. The price of the company’s shares reached the peak at 2.5 ° C compared to the closing of 0.8 ° C last week with a $ 3.9 million cracking this Tuesday, since it revealed the drill results from its Gallio project by Flagship Cummins to an increased market in Gallio.

Gallio’s splendid essays have been returned by a tentular carbonate tube in his Cummins project in the Waw Kimberley region. Perforation to the historical perspective appears of Bonanza broken down including 74 but 123 g/t of Gallio’s oxide, with a considerable 2.4 percent of rare lands minerals (Treo) and another 186 g/t Hit of Scandium from the surface with a high quality footballer of 30 but 206 g of Gallio’s oxide.

Another hole marked 60 but 124 g/t of Gallium oxide, reaching a peak at 12 m of 242 g/te an exciting interception of 99 m performed the 10 g/t oxide from just 1 m depth.

A historical success had a huge 6826 g/t (0.68 percent) gallium oxide, which would have been the richest in Australia Gallium.

Gallium is a critical mineral used in electronics, semiconductors and solar panels and has recently been banned from China for export, which doubled its price at $ 575/kg.

The Gallio market is in $ 2.45 billion to US $ 21.53 billion by 2034, and Rarex says that it is sitting cute, with only 25 % of the historical dried traps of the project analyzed for the Gallium – none of its rarex. Added to this, it is seated among the first 80 m of the carbonate tube.

Almost a quarter of the Rarex stock register has exchanged hands, it is the largest volume since mid -2020, while daytime traders have accumulated. The direction is bullish, stating that Cummins Range is the most advanced Gallium deposit of Australia, already risked with heritage agreements, environmental studies and planning of mine.

The company has reorganized and a 2025 perforation program is on the horizon to chase almost mines anomalies and provide many more catalysts to a hungry market in Gallio.

Belararox Limited (ASX: Brx)

160% on (from 12.5 ° C to 32.5 ° C)

Berararox Limited completed the list of Bulls N ‘Bears Runners this week with an impressive explosion of the price of 160 % which would easily have earned a podium place in any other edition of runners this year.

The company has flawed visual from its gigantic target of copper porphyry in its Toro-Malambo-Tambo project in the province of Argentina of San Juan.

The copper porphins are typical of very large deposits in low degree gold throughout South America and tambo south target of Bielerarox is no different.

The first hole of the project, which is inserted between the belts of El Stondio and Maricunga, was perforated at 1029 m. Promising promising mineralization of copper were identified in the first tests.

A second hole of 729 m, which aimed at more than 1300 m, hit the 104 but 248 m visual Supergene Calcocytes. The main geophysical target still resides and is the place where the hole will pierce the center of the target of the higher level porphyry core of the project.

The visual elements suggest that the Belerarox could be on a well mineralized porphyry discovery, sending the price of the company’s actions price this week, to a maximum of 32.5 ° C on Friday from the closing of 12.5 ° C last week with a solid 5 million dollars on the stock market during the week.

The director of the exploration of the Jason Ward company is already propagating the results as a “strong copper system”, with all the vectors pointing on a scale. The 5.37 US $ 5.37 high price for pounds of Copper, squeezed by TTS Tango, has bets that buzz on the mirror of mineralization of the belefido porphyry. The long mineralized areas scream potential, but only laboratory tests will reveal the truth about the actual degree with respect to speculation on what it observed.

Is your company listed in Asx doing something interesting? Contact: matebirney@bullsnbears.com.au