Long Shortz: Rhythm Biosciences
Tylah Tully chats with Rhythm Biosciences (ASX:RHY) CEO David Atkins about the company's mission to make cancer a more treatable condition through earlier detection—starting with bowel cancer.
Rhythm is developing ColoSTAT, a groundbreaking blood-based diagnostic test designed to detect the likelihood of bowel cancer more easily and effectively than current stool-based methods.
He discusses the recent redevelopment of the test, which led to significant improvements in ease of use, cost, speed, and clinical performance.
Watch the video to hear more.
This video was developed in collaboration with Rhythm Biosciences, a Stockhead client at the time of publishing.
The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.
Originally published as Long Shortz with Rhythm Biosciences: Inside ColoSTAT's road to market
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News.com.au
11 minutes ago
- News.com.au
Monsters of Rock: Whatcha gonna do when LITHIUMANIA runs wild on you
Lithiumania rises as spod prices hit three month high Rare earths stocks see valuations lift on NdPr price moves ASX 300 mining and metals index surges ~5% this week The reality TV stars of the early 2000s are beginning to go the way of the dodo, after Hulk Hogan joined Ozzy Osbourne on the celebrity obituary list overnight. Like most of the superstars of that era, the Hulkster has a spotty history. His electrifying personality put American pro wrestling on the global map, but he alienated peers and spent years effectively banished from public life for a racist slur. Yet, for better or worse, the slogans, theme songs and Rocky III will live on forever. None more so than Hulkamania, the enduring phrase that can be applied to pretty much any trend (if Heinrich Heine didn't get there first with Lizstomania which, of course, he did). So we're taking a tiny bit of ill-gotten inspiration from the big, morally dubious man, or Sofia Coppola's husband's four-piece Phoenix, for today's descent into LITHIUMANIA. Spodumene prices have made a radical comeback on a wave of mine closures in China where local authorities appear to be carrying out the CCP's will to trim competition that has driven heavy corporate losses outside integrated battery and car majors CATL and BYD. We're now at US$810/t, levels not seen since April, after spod followed a massive +8% rise in futures in the Chinese market yesterday. Incredible! At the close of trading today, the average #lithium carbonate futures price increased by 8.29% (the largest interday percentage change since 02/29/24), surpassing the average spot LC price by CNY 6,671 (the largest contango since 03/06/25). A boom in market sentiment! â€' Juan Carlos Zuleta (@jczuleta) July 24, 2025 Profit-taking has sucked some heat out of the local names, with Pilbara Minerals (ASX:PLS), Mineral Resources (ASX:MIN), IGO (ASX:IGO) and Liontown Resources (ASX:LTR) all down. But over the past month the gains have been promising. Liontown Resources (ASX:LTR) is up 37%, with IGO (ASX:IGO) +34%. Pilbara Minerals (ASX:PLS) has gained close to 50%, while Mineral Resources (ASX:MIN), also supported by a rising iron ore price, is close to 60% higher, bouncing off lows caused by weak lithium prices, balance sheet concerns and governance issues circling MD and founder Chris Ellison. Lithium carbonate prices also leapt up, according to PRA Fastmarkets, with the key battery chemical rising US$250/t to US$8800/t. We'll see if this holds up, but enthusiasm for the beaten down battery metals space is certainly returning. Rare earthers Now for rare earthers, another segment of the market where sentiment has been driving gains. NdPr prices have surged since the announcement of a deal between the Department of Defense and US miner and refiner MP Materials. The arbitrage between the US$110/kg price the US Government will offer the owner of the Mountain Pass mine and the Chinese benchmark (~US$60/kg before the news a fortnight ago) has begun to close. Yesterday saw a 6.4% move in Chinese markets to US$73.6/kg, US$65.12/kg with value added tax excluded. Analysts are more bullish now on the large rare earths stocks. Canaccord upgraded Iluka Resources (ASX:ILU) from hold to buy and lifted its price target from $4.40 to $5.85 a share this week, noting not only that mineral sands production of 150,000t for the June quarter was well ahead of consensus (130,000t), but also that the MP Materials deal had provided a price signal that de-risked its Eneabba rare earth refinery. "We have revised our modelling for JunQ actuals and revise our LT mineral sands pricing in line with consensus. Additionally, we have de-risked our Eneabba project NPV on an improved REE pricing outlook, the net impact seeing our SOTP-based target price increase to A$5.85/sh (from A$4.40/sh)," Canaccord's Reg Spencer and William Jones said. Iluka has spent ~$570m on construction so far at the $1.8bn Eneabba project, which is backed with a big fat government loan. Reporting its June quarter on Thursday, market leader Lynas (ASX:LYC) reported its first quarter producing more than 2000t of NdPr oxide, delivering 2080t (total 3212t), with first production also in the quarter of heavies terbium and dysprosium oxide. Sales receipts climbed from $124.6m to $152.7m and sales revenue rose 38% to $170.2m. At $60.2/kg, Lynas enjoyed its highest average selling price since the middle of 2022, though cash and short term deposits dropped from $268.9m to $166.4. Speaking to analysts yesterday, Lynas MD Amanda Lacaze was bullish on the MP Materials deal's potential to grow the rare earths market outside China. "I think that it has sent a clear message about the determination of the US government to rebuild this sector outside China. And that certainly has a couple of different benefits," she said. "One is it gives end users confidence to formulate material. I know that over many years, there have been end users who've said, well, gee, we need to invest in alternate technologies because of the supply chain risks associated with rare earths only coming from China. So I think we see a more vibrant and a more buoyant market, generally speaking. And I think that, that will underpin increasing -- increases in the price. "Can (NdPr) go above $110? Yes. And I think if you read the detail of the deal, that there would be an expectation from the US government that that is likely to happen because they've negotiated ... a share of any upside over the $110 as part of their agreement." Lacaze also attributed a recent run-up in prices to growing demand inside China, noting the Asian Metal price had gone up 12-13 bucks a keg in the past month. Canaccord moved from buy to hold to Lynas on valuation, but lifted its price target from $8.80 to $9.65 on improving market conditions. Lynas shares have lifted 18% in the past month to $10.70, while Iluka's have run a mad 57% to $5.46. There were a whole heap of gold stocks on the reporting roster this week as well. But ... we may just leave it for Gold Digger this afternoon to get stuck into them. The ASX 300 Metals and Mining index rose 4.96% over the past week. Which ASX 300 Resources stocks have impressed and depressed? Making gains Coronado Global Resources (ASX:CRN) (coal) +45.5% Patriot Battery Metals (ASX:PMT) (lithium) +38% Pantoro (ASX:PNR) (gold) +25.2% Pilbara Minerals (ASX:PLS) (lithium) +21.1% Eating losses Bellevue Gold (ASX:BGL) (gold) -4.4% Regis Resources (ASX:RRL) (gold) -4.2% Capricorn Metals (ASX:CMM) (gold) -3.3% Westgold Resources (ASX:WGX) (gold) -2.7% Coronado shares have lifted over the past week after The Australian reported Indian steelmaker JSW was close to nabbing a stake in its Curragh coal mine in Queensland, with cost control also improving in the debt-laden coal miner's recent quarterly. Shares mysteriously lifted over 17% on Friday. Patriot ran higher on both lithium's price run and the announcement of the world's largest pollucite hosted caesium resource at its Shaakichiuwaanaan project in Quebec. The project already contains North America's biggest hard rock lithium deposit. Pantoro produced 25,417oz, hitting the upper half of quarterly guidance for its Norseman gold mine. The project is finally producing real cash, with PNR building an additional $43.3m in cash and gold in the quarter on all in sustaining costs of $1991/oz, with EBITDA of $80.4m powering full year EBITDA to $196.4m. Guidance of 100-110,000oz at $1950-2250/oz has been set for FY26, with $55m of exploration – 250,000m of drilling including over salt lakes unexplored since Western Mining owned the ground in the 1990s – and $67m of growth capital on the cards. Iron ore prices have pulled the broader index higher, falling from recent highs of US$105/t to US$103.20/t in Singapore on Friday.
News.com.au
11 minutes ago
- News.com.au
Lunch Wrap: ASX slips as iron ore miners nurse a hangover; oil stocks surge
ASX slumps as oil stocks power up
 Miners wobble while Newmont shines
 Whitehaven hits targets, Maas caught up in corruption cloud The ASX was dragging its feet on Friday, down 0.5% at lunch time in the eastern states as a murky Wall Street session cast a long shadow across the Aussie bourse. The only sector doing any real heavy lifting was energy, which managed to fire up thanks to rising oil prices overnight. Oil stocks caught a nice tailwind from a sharper-than-expected US crude inventory draw, and rumblings of Russia choking off gasoline exports to everyone except its inner circle of allies. Add in whispers of a US-EU trade deal, and you've got a barrel full of bullish fuel. Miners, however, were getting smacked. Iron ore futures barely moved, but it wasn't enough to stop BHP (ASX:BHP), Rio Tinto (ASX:RIO) and Fortescue (ASX:FMG) giving up some of their previous days' gains, down well over 1%. Traders are fretting about seaborne supply catching up with demand, despite China's slow-motion stimulus. Gold miners were also caught in the downdraft. As US Fed watchers bet on interest rates staying put, gold slid and took stocks like Northern Star Resources (ASX:NST) and Evolution Mining (ASX:EVN) with it. The exception was Newmont Corporation (ASX:NEM). The global gold giant defied the tide, jumping 3.8% after beating earnings estimates and churning out 1.5 million ounces of gold in Q2. This is where we stood at about 1pm AEST: In other large caps news, Whitehaven Coal (ASX:WHC) wrapped up FY25 with a strong June quarter, hitting or beating all its guidance targets. Managed run-of-mine (ROM) production for the year jumped 60% to 39.1Mt, while equity coal sales hit 26.5Mt. Costs came in below forecast at ~$139/t, with capex also under guidance. And, MAAS Group Holdings (ASX:MGH) slid 1.2% after confirming its Capital Asphalt unit had been swept into an ICAC probe. The alleged dodgy dealings, involving bribes and inflated invoices worth $343 million, predate Maas' involvement, but the market didn't care much for the clarification. ASX SMALL CAP WINNERS Here are the best performing ASX small cap stocks for July 25 : Security Description Last % Volume MktCap ALB Albion Resources 0.135 96% 29,345,846 $9,103,400 MQR Marquee Resource Ltd 0.014 56% 10,080,058 $5,024,723 ENT Enterprise Metals 0.003 50% 366,600 $2,742,635 ZMM Zimi Ltd 0.012 50% 1,050,000 $3,920,351 KFM Kingfisher Mining 0.070 49% 1,726,160 $2,524,605 5EA 5Eadvanced 0.805 34% 150,887 $8,822,124 RNX Renegade Exploration 0.004 33% 1,000,000 $3,865,090 DBO Diabloresources 0.019 27% 1,654,807 $2,521,738 CRR Critical Resources 0.005 25% 1,870,000 $11,080,342 AMO Ambertech Limited 0.185 23% 380,827 $14,310,717 IMB Intelligent Monitor 0.590 22% 1,793,143 $173,011,446 AMS Atomos 0.006 20% 889,120 $6,075,092 EE1 Earths Energy Ltd 0.006 20% 100,000 $2,649,821 LBL Laserbond Limited 0.565 19% 418,460 $55,884,697 CRN Coronado Global Res 0.230 18% 20,483,304 $326,908,477 CDE Codeifai Limited 0.027 17% 24,380,319 $10,853,722 ATS Australis Oil & Gas 0.011 17% 692,621 $11,862,562 GBE Globe Metals &Mining 0.042 17% 338,315 $25,007,508 GRE Greentechmetals 0.091 17% 673,563 $8,844,820 IS3 I Synergy Group Ltd 0.014 17% 2,776,404 $20,475,599 TYX Tyranna Res Ltd 0.004 17% 2,006,791 $9,865,276 NUZ Neurizon Therapeutic 0.180 16% 1,225,464 $76,307,394 VHM Vhmlimited 0.235 15% 183,202 $51,981,840 LSA Lachlan Star Ltd 0.063 15% 74,000 $13,891,526 Albion Resources (ASX:ALB) has kicked off drilling at Collavilla with a bang, hitting gold in every hole from the first batch of assays. The standout was 11m at 20.0g/t from just 17m depth, including 5m at nearly 39g/t. It's only scratched a small patch of the 4km-long Ives Find granite, but the early signs point to a high-grade system. Kingfisher Mining (ASX:KFM) has picked up a strategic package of copper-gold and silver-lead-zinc projects in NSW from Austin Metals for $200k in cash and $200k in shares. The deal includes 11 tenements across 700km2 in three key regions – Broken Hill, Cobar, and the Macquarie Arc - near major deposits. Standout assets include the Copper Blow IOCG prospect, which has returned hits up to 6.1% copper and 4.2g/t gold. AmberTech (ASX:AMO), which specialises in audio-visual tech and defence comms gear, expects FY25 revenue to top $100 million, up from $95.5 million last year. The second half alone brought in over $54 million, with margins also improving. Demand from defence continues to build, and Ambertech says its diversified product base is proving resilient despite soft patches in consumer HiFi. ASX SMALL CAP LOSERS Here are the worst performing ASX small cap stocks for July 25 : Code Name Price % Change Volume Market Cap BMO Bastion Minerals 0.001 -50% 300,000 $3,162,696 MIO Macarthur Minerals 0.015 -40% 47,030 $4,991,638 AOA Ausmon Resorces 0.001 -33% 2,000,000 $1,966,820 BP8 Bph Global Ltd 0.002 -33% 1,831,399 $3,152,954 EEL Enrg Elements Ltd 0.001 -33% 1 $4,880,668 HCD Hydrocarbon Dynamics 0.002 -33% 450,000 $3,234,328 MTL Mantle Minerals Ltd 0.001 -33% 333,333 $9,671,169 OB1 Orbminco Limited 0.001 -33% 4,961,460 $5,103,852 GMN Gold Mountain Ltd 0.071 -29% 23,409 $12,211,261 AJL AJ Lucas Group 0.005 -29% 90,000 $9,630,107 GTE Great Western Exp. 0.016 -27% 4,329,219 $12,490,674 CTN Catalina Resources 0.004 -20% 15,950,000 $12,130,095 FAU First Au Ltd 0.005 -17% 381,631 $12,457,748 SLZ Sultan Resources Ltd 0.005 -17% 142,142 $1,388,819 OCT Octava Minerals 0.034 -15% 1,062,312 $2,440,372 IFG Infocusgroup Hldltd 0.018 -14% 1,067,733 $6,130,723 BNL Blue Star Helium Ltd 0.006 -14% 437,628 $18,864,197 OVT Ovanti Limited 0.006 -14% 1,693,332 $29,920,265 TMS Tennant Minerals Ltd 0.006 -14% 47,368 $7,461,233 ESK Etherstack PLC 0.410 -14% 40,944 $62,990,701 JAT Jatcorp Limited 0.320 -14% 18,805 $30,808,665 BMG BMG Resources Ltd 0.007 -13% 121,958 $6,755,177 HPC Thehydration 0.014 -13% 45,545 $6,892,815 IN CASE YOU MISSED IT Joint pain has become a major focus for Australia's booming complementary medicines industry, now worth more than $6.4 billion a year. Complementary Medicines Group (CMG) is entering the conversation with a new product focused on knees. Sovereign Metals (ASX:SVM) have passed another major milestone towards a DFS for its flagship Kasiya rutile-graphite project in Malawi. GTI Energy (ASX:GTR) has secured approval to start drilling its Lo Herma uranium project in Wyoming as the US looks to rebuild its domestic supply chain. Modelling at Firetail Resources' (ASX:FTL) Picha copper project in Peru has been reinforced by UAV magnetics data pointing to the possibility of a significant porphyry system. LAST ORDERS Rhythm Biosciences (ASX:RHY) has teamed up with the Memorial Sloan Kettering Cancer Center to investigate the use of its geneType technology. The two entities will collaborate to assess the value of genetic risk scores for breast and ovarian cancer, particularly in BRCA1/2 carriers. Management says it's an important step in understanding the connection between genetic predisposition and cancer prevalence, with the goal of enabling earlier detection, informed decision-making and proactive risk reduction. At Stockhead, we tell it like it is. While Rhythm Biosciences is a Stockhead advertiser, it did not sponsor this article.
West Australian
11 minutes ago
- West Australian
Small caps are back baby
It's been a while since Dollar Bill put pen to paper. At first, it was deliberate. Then it became inertia. I also forgot the password to my trading account and took it as divine intervention. But markets have a way of dragging you back in - and lately, they've been anything but subtle. Something's stirring in small-cap land - and it's not just the usual background hum. Just two weeks ago, the United States Department of Defence quietly became the largest shareholder in MP Materials, which owns the Mountain Pass mine in California, the only rare earths operation of scale on US soil. A sometimes canny and mostly sober colleague of mine, Bill McConnell, wrote about it immediately in Bulls N Bears. He was onto it the very day it broke. Others chimed in later, perhaps a tad slow to the party, but that's not their fault. Most people get there eventually. Then Apple Inc jumped in, slapping another half a billion dollars on the table for equity, taking the total cheque for MP to a cool US$1 billion - all in under a week. MP's share price doubled, adding US$5 billion to its market cap pretty much overnight. That alone sparked the headlines, but for Dollar Bill, the real leg twitch came shortly after through a combination of events. The ASX 200 and the All Ords smashed record highs last week, the latter sailing through 9000 points for the first time. These weren't polite moves. These were rafter-shaking, hold-my-beer kind of surges. Also, copper prices punched out a new record peak this month at the same time that silver nudged just under US$40 for the first time in more than a decade. Gold remains stubbornly above the $5000 mark. Dollar Bill's even overheard a few stuffed suits at the club whispering about a revival in lithium - and for once, they might be onto something. Lithium doyen's Mineral Resources and Pilbara Minerals have both surged more than 50 per cent in the past month. And when the big boys start moving, the minnows tend to follow. Just take a look at lithium junior Galan, which has hiked from about 9c to 14c lately. Then there are the IPOs, those long-forgotten unicorns, which appear to be sniffing the morning air again. Apart from the odd ETF, 2025 has been a desert for new ASX listings - the driest year in more than a decade. But lately? There's been the sound of hooves… and they're moving. Since June, eight new floats have landed on the boards, most were modest, sub-$100 million raises, but that's exactly the kind of froth that signals early action. The most recent, Tali Resources, listed on a Friday and tripled by Tuesday. Then there's the capital raising frenzy. In just the past two months, Dollar Bill has spotted another eight raises , and every single one of them was either significantly or substantially oversubscribed. That sort of heat hasn't been seen in a while and it's starting to feel less like a fluke and more like a market waking up hungry. The standout? West Coast Silver, which set out to raise $3 million and ended up fielding $11 million in bids. Management reluctantly capped it at six. The raise priced at 11c - but when the stock resumed trading, it launched out of the gate at 17c. That sort of leap used to be the stuff of IPO fairy tales. Now it's turning up midweek. As for Dollar Bill? I had my hand in the jar, already having a few of these puppies tucked away in the back pocket but I slept through the final bid window. Not the first time I've missed the party while dreaming of champagne. Just this morning, Larvotto Resources lit up the boards with a $60 million raise - done virtually flat to its last traded price. If that's not a bellwether for risk appetite returning to small caps, I don't know what is. There's a scent on the wind, and I'd swear it smells like capital. Back to the IPOs, June saw more new listings than the previous five months combined and July is already on track to beat that again. If this keeps up, we could soon be watching an honest-to-goodness revival for small caps, not just in listings, but in appetite. Altogether, it's starting to feel like a genuine inflection point, or the world's most expensive coincidence. Mark Twain said history doesn't repeat, but it often rhymes. Right now? It's humming a very familiar tune. That's not a dead cat. That's a live wire. And, while the big end of town may be printing records, the real money, the real movement, looks to be shifting back to the forgotten corner of the exchange – small caps. Firstly, rare earths. This isn't a fashion play. This is geopolitics at its best… mining boots. It's about who controls the guts of the new economy – electric vehicles, chips, weapons and energy. So when both Apple and the Pentagon are betting billions on the same strategic metals that Aussie juniors have been betting on for some time, while commodities break records and the ASX roars - that's not background noise. That's the main event. For Dollar Bill, this isn't just gut feel. Shaw & Partners dubbed 2025 ' the year to feast on ASX small caps,' citing lower rates, valuation resets and looming earnings upgrades as rocket fuel. But let's dig a little deeper and talk numbers - the ones that matter. Not the polished ASX 200 charts they wheel out at charity lunches. I mean the back-row battlers. The drill campaign dreamers. The micro caps. People bandy about 'small cap' like it means something, but technically it covers ASX stocks ranked from 300 up to 101 - a $1 billion to $6 billion bracket. Not exactly minnows and not small cap but hey, that's the technical explanation. The real action lives in the ASX 'Emerging Companies Index' which includes those ranked with market caps ranked from number 350 to number 600, generally between $350 million and $1 billion. That's the real sharp end. And for years now, that's also the end that's been bleeding. From April 2022 to April 2023, the Emerging Companies Index fell 28 per cent. It was flat through April 2024, then down another 10 per cent into April 2025. Those three years of pain have driven Dollar Bill to the bottle. Meanwhile, the ASX 200? Down just 2 per cent across the same timeframe. Stats don't lie and these stats highlight the underperformance of small caps against the big board. But the worm might now finally be turning. Since April, right when Trump detonated his 'Liberation Day' hand grenade with sweeping tariffs, the Emerging Companies Index is up 22.6 per cent. That's better than the ASX 200's own stellar 19.2 per cent rise. That's not just recovery - that's outperformance. Dollar Bill says when the market's most bruised corner starts to beat the big boys, it pays to pay attention. In late 2024, Simon Conn at Investors Mutual was already calling it. A 'valuation disconnect,' he said, tipping rate cuts to trigger a shift back into quality small caps. The Reserve Bank chimed in cutting the cash rate in February and followed up again in May which coincided pretty much bang on with the outperformance in small caps – nice one Simon. Add to that the roaring commodities market, copper surging, silver going vertical on solar and tech demand - and that soundtrack is getting louder. Lithium doyen's Pilbara Minerals and Mineral Resources have both hiked about 50 per cent in a little over a month, and there are plenty of reports out there predicting a supply deficit for lithium again in 2026. Sure, yes, maybe it is all just coincidence. But generally speaking, elephants don't dance without dust, and there's a storm kicking up at the small end of the ASX. Dollar Bill has seen this movie and heard this tune before, and he's already snagged a front-row seat. The Dollar is no prophet, but rest assured — right now the monocle is getting a right proper polish. Is your ASX-listed company doing something interesting? Contact:
