TM1 and TGN surge as discovery trades return, while ARU funding still can’t stop the sell-off

• Terra Metals (ASX:TM1) ripped 🟢 52.38% after a headline PGM hit that starts near surface
• Tungsten Mining (ASX:TGN) surged 🟢 48.89% as it paired a big scoping study number with a hot tungsten price
• Galilee Energy (ASX:GLL) slid 🔴 -30.00% after a sharp reset following its Zydeco deal and capital raise
• Big-ticket funding stayed in focus, led by Arafura (ASX:ARU) raising A$481m and Vulcan (ASX:VUL) locking in €2.2bn financing