On Stockhead today, a copper play that won’t disappoint, Greenwing on that huge Nio deal, and how to make money off people losing money.

But first … the day ahead.

 

TRADING HALTS

The following companies went into trading halts yesterday and are expected out in the next few days:

Apollo Tourism & Leisure (ASX: ATL) – Pending an announcement regarding the Australian Competition and Consumer Commission’s (ACCC’s) decision on the proposed merger with Tourism Holdings expected to be released on Thursday. (That’s today.)

Ragnar Metals (ASX:RAG) – Pending a significant announcement in relation to exploration results from the Swedish drilling program.

Bubs (ASX: BUB) – Pending an announcement by Bubs regarding a new joint venture arrangement for the manufacture and distribution of Bubs’ branded products in China. Yeah, the HUG/BUB thing.

AJ Lucas Group (ASX:AJL) – Pending capital raise

 

COMMODITY/ FOREX/ CRYPTO MARKET PRICES

Gold: $US1,616.86 (-0.73%)

Silver: $US18.037(-2.13%)

Nickel (3mth): $US21,858/t

Copper (3mth): $US7,353/t

Lithium Carbonate, China (Benchmark Minerals Intelligence, Sept 14): $US71,500/t (+98.6% year-to-date)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, Sept 14): $US70,550/t (+135.6% year-to-date)

Oil (WTI): $US77.00 (-1.90%)

Oil (Brent): $US84.516(-0.63%)

Iron 62pc Fe: $US104.50 (-2.06%)

AUD/USD: 0.63747 (-0.88%)

Bitcoin: $US18,754.02 (+7.35%)

 

WHAT GOT YOU TALKING YESTERDAY?

Piedmont Lithium (PLL)-backed freshly listed Atlantic Lithium (ASX:A11) has pencilled in first production for Q3 2024 for the Ewoyaa project in Ghana.

 

Keep up to date with Stockhead coverage or you’ll miss gold like that EVERY DAY. Follow our Twitter page.

For all you crypto lovers Stockhead’s Coinhead Facebook group is the place to share your views, insights, tips and ideas.

Also, be sure to check in preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

 

YESTERDAY’s BIGGEST SMALL CAP WINNERS

(Stocks highlighted in yellow rose after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

 

Code Company Price % Volume Market Cap
QXR Qx Resources Limited 0.053 61% 178,399,108 $28,358,956.59
AJQ Armour Energy Ltd 0.007 40% 14,312,060 $11,292,254.38
CGS Cogstate Ltd 1.95 39% 2,317,673 $242,715,663.40
BMM Balkanminingandmin 0.41 34% 1,979,833 $9,988,750.00
HIQ Hitiq Limited 0.066 32% 27,944 $5,657,809.15
CT1 Constellation Tech 0.005 25% 1,000,000 $5,884,801.48
UUL Ultima Utd Ltd 0.095 20% 186,785 $5,791,294.40
AQX Alice Queen Ltd 0.003 20% 963,000 $5,384,236.14
SBR Sabre Resources 0.006 20% 87,128,914 $13,949,280.04
MAU Magnetic Resources 0.95 19% 23,379 $181,631,660.12
1AG Alterra Limited 0.013 18% 483,488 $7,651,078.03
GW1 Greenwing Resources 0.425 18% 1,605,897 $44,369,045.64
IS3 I Synergy Group Ltd 0.047 18% 186,466 $10,738,457.04
CFO Cfoam Limited 0.0035 17% 725,000 $2,201,521.90
GTG Genetic Technologies 0.0035 17% 4,622,165 $27,701,895.43
SW1 Swift Networks Group 0.015 15% 199,668 $7,541,922.70
TI1 Tombador Iron 0.023 15% 450,496 $22,446,506.76
MKR Manuka Resources. 0.16 14% 25,369 $40,042,853.34
WHK Whitehawk Limited 0.056 14% 101,614 $11,158,512.70
SNG Siren Gold 0.205 14% 212,435 $18,756,329.04
FTL Firetail Resources 0.21 14% 178,230 $11,429,762.50
SOP Synertec Corporation 0.175 13% 239,959 $60,234,636.80
MLM Metallica Minerals 0.045 13% 488,360 $26,827,988.04
TTB Total Brain Ltd 0.045 13% 15,000 $5,348,845.24
NET Netlinkz Limited 0.018 13% 8,482,348 $52,382,555.30
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Up well over a shonky 40% in early trade yesterday was Cogstate (ASX:CGS), a local medtech all about digital brain health assessments which caught the attention of the ASX highway patrol.

QX Resources (ASX:QXR)  gained ~54% on the announcement of Steve Promnitz as managing director, previously the managing director of advanced ltihium brine project developer Lake Resources (ASX:LKE).

Promnitz is known in the mining game for having secured the Kachi lithium assets for LKE back in 2016, taking the company from a mid-cap nobody to a near-term miner where most project financing is in place for its development.

And one of Nadine McGrath’s fascinations, Bubs Australia (ASX:BUB)  came screaming out of a trading halt into an overdue China deal – this one with Heilongjiang Ubeite Dairy Group (HUG).

HUG and BUB plan to make and flog BUB’s China-labelled goat infant formula and ultra-premium products in H2.

 

YESTERDAY’S BIGGEST SMALL CAP LOSERS

(Stocks highlighted in yellow fell after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

Code Company Price % Volume Market Cap
ARE Argonaut Resources 0.001 -33% 6,770,000 $8,142,806.91
MEB Medibio Limited 0.001 -33% 50,000 $4,980,890.69
T3D 333D Limited 0.001 -33% 11,840 $4,581,445.00
RAN Range International 0.0065 -28% 2,393,530 $8,453,612.88
BTR Brightstar Resources 0.016 -27% 1,173,563 $14,230,939.12
MGG Mogul Games Grp Ltd 0.0015 -25% 325,500 $6,526,882.41
TSC Twenty Seven Co. Ltd 0.0015 -25% 15,623,971 $5,321,627.81
PO3 Purifloh Ltd 0.27 -23% 370 $11,033,224.30
GRV Greenvale Mining Ltd 0.06 -20% 3,289,378 $29,795,861.93
SYN Synergia Energy Ltd 0.002 -20% 797 $21,044,476.76
E79 E79Goldmineslimited 0.105 -19% 311,096 $7,222,263.10
RFT Rectifier Technolog 0.031 -18% 4,414,498 $52,246,349.99
CAF Centrepoint Alliance 0.215 -17% 18,204 $50,929,291.14
CUF Cufe Ltd 0.015 -17% 803,639 $17,390,022.57
ADR Adherium Ltd 0.005 -17% 828,763 $15,371,099.20
CTO Citigold Corp Ltd 0.005 -17% 2,875,759 $17,001,954.55
FAU First Au Ltd 0.005 -17% 227,741 $5,588,465.69
G88 Golden Mile Res Ltd 0.027 -16% 4,349,442 $6,546,872.19
SRR Saramaresourcesltd 0.11 -15% 10,000 $5,071,380.47
IHR intelliHR Limited 0.056 -15% 584,778 $22,410,061.08
TLX Telix Pharmaceutical 4.58 -15% 3,779,027 $1,687,651,796.60
LYK Lykosmetalslimited 0.17 -15% 25,873 $12,480,000.00
RAS Ragusa Minerals Ltd 0.345 -15% 8,810,623 $52,100,847.54
RTG RTG Mining Inc. 0.047 -15% 107,200 $43,812,482.95
CHK Cohiba Min Ltd 0.006 -14% 100,000 $11,393,625.66
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