Solis Minerals, Adisyn, 333D & NoviqTech
Brought to you by BULLS AND BEARS
Andrew Todd
And the roller coaster continues for the ASX.
Powerful Prime Minister Anthony Albanese addressed our nation this week to celebrate the massive two-day purchase of fuel (200 million litres, or 1.25 million barrels), signaling his sincere desire to secure our country’s future one day at a time.
In a very rare event, the ASX has officially separated from the S&P500, which is currently at all-time highs.
Unfortunately, it’s impossible not to feel pessimistic right now, especially when most of those closest to the oil market are far from being glass half full.
Just last Friday, the world rejoiced when Iran’s foreign minister declared the Strait of Hormuz “fully open” and Brent crude fell more than 10 percent to around $90 a barrel, driven by relief for farmers and industry.
Within hours, Iran reversed course and attacked an Indian tanker. The new week has arrived and the US has seized at least two Iranian tankers; Iran took control of two cargo ships in Hormuz in a never-ending, tit-for-tat “ceasefire”.
As we close out the week, the benchmark Brent oil price is even higher, currently as high as US$105 per barrel, joined only by lithium as the only two sectors in the green on the ASX.
The US blockade of Iranian oil means even more oil is trapped in the Gulf; US President Trump is trying to maximize Iran’s storage facilities.
Even 2 months after the start of the war, the world lost approximately 87.5 billion liters or 550 million barrels of Gulf crude oil; This is almost 2 percent of last year’s global production and nearly 300 times the amount of oil Alban “secured.”
But in the West, life goes on and suffering remains limited. Of course, gasoline is a little more expensive, but most households can still afford to drive. The trucks continue to move forward and the food is still on the shelves.
But this reassuring picture is dangerously misleading. The last tankers to pass through Hormuz before the conflict have just arrived at their destinations in Asia and the United States; This means that the bumper has narrowed and now something much more important is likely to break rather than bend. For an unprepared nation, the consequences could be dire.
To make matters worse at home, Cochlear shares collapsed this week following a massive earnings downgrade that signaled weakening demand for implants and a reset of expectations. The company has now joined the battered biotech pile on the ASX as the latest victim of 2026.
Let’s get back to the Runners of the Week; A positive article about all the good things going on in the markets…. Fortunately, several non-oil and gas stocks broke out during the week, with the top spot being a newly minted Brazilian lithium player.
SOLIS MINERALS LTD (ASX: SLM)
210% increase (3.1c – 9.6c)
This week’s Bulls N’ Bears Runner of the Week is Solis Minerals, which is a lithium hopeful after announcing the purchase of its Brazilian lithium project from mining giant Rio Tinto, located in Brazil’s fertile Minas Gerais region. The project is a massive 93,000-hectare district-scale exploration package adjacent to PLS Group’s $19 billion market-cap Colina lithium project, placing Solis in a proven home for spodumene discoveries.
For some context, PLS recently acquired the Colina franchise by acquiring Aussie Junior Latin Resources for a cool $560 million; Even if I do say so myself, it’s an extremely useful endorsement for the mining district.
Proving that success often runs in family, Solis reunites the old band after their last successful venture. Managers Chris Gale, Tony Greenaway and Mitch Thomas join the team to potentially deliver another major exploration success following their hard-earned victory at Latin Resources.
Minas Gerais is the mining capital of Brazil and Solis’ new mandate lies directly in the valley of Colina’s impressive 77.7 million tonnes resource containing high-grade lithium of 1.24 per cent.
With Rio Tinto retaining the 1.75 per cent net smelter yield concession, Solis, who bought the project for the bargain price of just US$500,000, appears to have secured a low-cost entry into a world-class piece of land.
Rio Tinto’s historical work included auger drilling, soil sampling and rock fragment sampling across multiple target areas and provided Solis with a significant early-stage data set to build upon.
In a serious vote of confidence, the company signed a cooperation agreement with PLS, which already owns a 5.1 percent stake in Solis. The agreement provides PLS with the right to participate in any future transaction involving rental housing under the same terms as any proposed counterparty.
The company has been fully funded for the first 2000 meters of drilling against the priority targets Mandacaru and Campo Grande.
Now the question remains: can the new-look Solis copy the Latin playbook and become the next Brazilian lithium play to be ousted by a tidy takeover?
ADISYN LTD (ASX: AI1)
143% increase (6.8c – 16.5c)
The silver medal of the week belongs to semiconductor technology developer Adisyn, after the company locked in a massive increase following the successful demonstration of its graphene layer conductor technology on a 1cm by 1cm coupon. Adisyn’s technology aims to revolutionize the semiconductor world by solving the limitations faced by traditional copper interconnects in advanced chips.
As copper interconnects become smaller in exchange for increasingly powerful chips, emerging problems include increased resistance, heat generation, and power loss.
The age-old Moore’s Law has long held that the number of transistors on a chip, and by extension the computing power or memory density, tends to double approximately every two years, often allowing for more capacity in the same physical space or in a smaller footprint.
Unfortunately, despite pushing this theory to its limits, people are reaching a point where copper may be the limiting factor.
Enter graphene. Adisyn’s approach uses a proprietary Atomic Layer Deposition, or “ALD” methodology. This week’s milestone was the independent verification of low-temperature ALD deposition of a carbon layer on copper at temperatures below 300°C.
Most importantly, the deposition temperature was well below the 450°C semiconductor thermal limit, a feature vital for integration into existing manufacturing processes. This breakthrough led $20 billion fund manager Regal Funds Management to join the party, making it the cornerstone of a $14 million institutional placement for Adisyn.
This money is planned for the next phase of the company’s semiconductor strategy, commercial partnerships and development as it develops its potentially world-changing technology.
333D LTD (ASX: T3D)
96% increase (2.8c – 5.5c)
Taking the bronze medal is 333D Limited, a 3D printing company that, believe it or not, operates a digital platform for medical imaging data.
The company’s shares more than doubled to 5.5 cents on Wednesday after its quarterly report highlighted significantly positive operating cash flow and continued revenue momentum.
333D Limited operates a platform that captures, manages and monetizes medical imaging data (DICOM) and 3D visual datasets, placing it at the intersection of healthcare, AI-powered analytics and digital infrastructure.
It is a business built on transforming clinical imaging into structured, usable and potentially commercial data assets.
Notably, this is a name that has seen plenty of fast money volatility before. In August last year the stock staged a spectacular rally, rising from around 0.7c to as high as 29c in a matter of weeks, underlining just how momentum-driven this corner of the market can become when attention turns in its direction.
This week, 333D said it generated $231,702 in cash proceeds from customers during the quarter and positive net operating cash flow of $71,505, representing a significant gain from last quarter’s net cash outflow of $99,180.
333D says it uses its non-fungible token intellectual property (NFT IP) for everything from chest X-rays to MRIs.
Radiology images are very similar to NFTs in that the images contain data specific to that image.
The company’s in-house design and engineering team also works closely with customers to produce high-performance 3D printing solutions.
A clear example of this came with a customer’s request for a lightweight, custom-designed horseshoe for his racehorse. The finished product is manufactured using a high-strength scandium alloy that weighs 47 grams less than a conventional shoe. The horse went on to win the next race.
NOVIQTECH LTD (ASX:NVQ)
72% increase (1.8c – 3.1c)
Rounding out our runners-up is sustainability and supply chain services company Noviqtech. Subsidiary Coralia has signed a strategic agreement with Pure Data Centers Group subsidiary A Healthier Earth (AHE) to evaluate carbon removal procurement and plant construction at the Great Barrier Reef biochar project in North Queensland.
Biochar is a coal-like material made by heating organic waste such as wood sawdust, crop residues or manure in a low-oxygen environment through a process called pyrolysis.
The project plans to convert 2 million tonnes of agricultural biomass waste and woody weeds into 550,000 high-integrity biochar credits over its lifetime.
The agreement will evaluate the economic feasibility of AHE securing a long-term credit purchase for at least 70 percent of the project’s total biochar decarbonization credits.
NoviqTech said the partnership enters the market during a “super cycle” of demand for high-integrity biochar carbon removal driven by data centers and AI. Technology-based removals such as biochar trade at a high cost in financial terms, with prices for high-quality credits currently running as high as US$220 per tonne.
The ink was barely dry before Coralia formed another partnership, this time with Melbourne’s Swinburne University of Technology, to develop biochar applications in low-carbon concrete for the data center sector.
Phase 1 of the partnership will test whether biochar produced from invasive Chinese apple trees can be used successfully in low-carbon concrete and landscaping applications, with Swinburne leading the technical validation of performance and durability as well as environmental impact.
In essence, the project is trying to capture a share of the cement market, which is responsible for approximately 8 percent of global emissions. It is also preparing for increased demand for data center construction, with Australia expected to need billions of dollars of new infrastructure before 2030.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
