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Mid-cap software designer Altium (ASX:ALU) was one of the better performers, up 2.9% alongside small-cap resources stock GWR Group Ltd (ASX:GWR) which was up 52.3%. (22-0)
Blackham Resources (ASX:BLK) is positioned to benefit from the development of the nearby Golden Monarch gold deposit near to its Wiluna gold processing plant in Western Australia.
GWR Group Ltd (ASX:GWR) is an independent, Australian iron ore company focused on the development of high quality direct shipping ore iron ore and complimentary bulk commodity projects.
GWR Group Ltd (ASX:GWR) has acquired a 100% interest in the Hatches Creek Tungsten Project in the Northern Territory, which was being operated as a JV between GWR and Davenport. Interestingly, the consideration of $500,000 cash plus 1.5% net smelter returns is significantly less than the existing JV terms, whereby GWR was earning a 50% interest by sole funding $1,500,000 in the project. The Hatches Creek project was the subject of a JV Agreement between GWR and Arunta Resources (ASX:AJR).