Canada has taken the long arm of the law saying literally, with a proposed amendment to its criminal code to include crimes committed on the moon.

The code already covers astronauts who may commit crimes during space flight to the International Space Station, with any crime committed considered to have been committed in Canada.

Currently if a crime is committed in space, the crim would be subject to the law of the country where they are a citizen or the country aboard whose spacecraft the crime was committed.

But this amendment would include new space destinations like the moon – particularly considering Canada is part of the Lunar Gateway project which includes a planned trip to the moon.

 

To Markets …

The ASX 200 is up 56.50 points or 0.77% at midday today to 7,413.40.

In China, builders strengthened further after the country’s leader called for “all-out efforts” to boost infrastructure construction.

China State Construction Engineering, China Railway Group and China Communications Construction jumped 4.2%-6.9% yesterday.

The Brent crude oil prices rose by 2.2% to US$107.59 a barrel on reports that Germany would back any EU ban on Russian oil if it was done gradually. The German shift has now increased the likelihood of a bloc-wide embargo, with a decision to be announced as early as next week.

Before the Ukraine war, Russian oil accounted for around a third of Germany’s supply.

In the US, new economic data released on Thursday showed an annualised 1.4% drop in US Gross Domestic Product in the first quarter.

“It’s the first quarterly fall in GDP since 2Q20, when part of the economy was shut down to contain the spread of Covid-19,” Unicredit economist Daniel Vernazza says.

“Importantly, the fall in GDP isn’t nearly as bad as it looks because the big detractors from GDP in 1Q22, net exports and inventories, are also the most volatile components and are likely to improve in coming quarters.”

 

ASX SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for April 29 [intraday]:

Swipe or scroll to reveal full table. Click headings to sort:

Code Company Price % Market Cap
JAV Javelin Minerals Ltd 0.002 100% $7,568,252.77
MMA Maronanmetalslimited 0.365 83% $15,000,002.00
HCD Hydrocarbon Dynamic 0.029 53% $11,154,007.00
ANL Amani Gold Ltd 0.002 33% $34,940,161.69
CI1 Credit Intelligence 0.009 29% $11,219,064.63
CSE Copper Strike Ltd 0.19 27% $19,837,686.15
IEC Intra Energy Corp 0.019 27% $8,786,708.78
CCE Carnegie Cln Energy 0.0025 25% $30,205,147.42
VPR Volt Power Group 0.0025 25% $18,689,067.12
E33 East 33 Limited. 0.031 24% $6,724,037.73
NTO Nitro Software Ltd 1.405 23% $277,287,374.46
OAR OAR Resources Ltd 0.011 22% $19,391,082.52
99L 99 Loyalty Ltd. 0.041 21% $39,429,213.84
TG1 Techgen Metals Ltd 0.155 19% $5,660,481.58
OEQ Orion Equities 0.25 19% $3,286,337.88
BMR Ballymore Resources 0.22 19% $13,593,444.99
IPT Impact Minerals 0.013 18% $24,095,077.45
RDM Red Metal Limited 0.11 17% $23,085,623.84
LCT Living Cell Tech. 0.007 17% $6,170,182.34
LEL Lithenergy 1.41 16% $54,900,000.00
LIS Lisenergylimited 0.715 15% $102,866,795.94
ICT Icollege Limited 0.115 15% $108,275,272.30
FFX Firefinch Ltd 1.1075 15% $1,139,899,708.27
HIO Hawsons Iron Ltd 0.7425 15% $461,209,152.75
CDX Cardiex Limited 0.395 14% $37,934,026.50
Wordpress Table Plugin

Maronan Metals (ASX:MMA) has commenced trading on the ASX today after its $15m IPO.

The company is a spin-out of Red Metals (ASX:RDM) and is focused on its namesake lead-silver-copper-gold project in Queensland, which has an existing 2 million tonne lead, 105Moz silver, 170,000t copper and 300,00oz gold resource.

It is in the mineral-rich Carpentaria Province, which hosts multiple Tier 1 lead-zinc-silver mines like Mount Isa, George Fisher, Century, Cannington, Dugald River and significant copper deposits including Mount Isa, Ernest Henry, Osborne, and Eloise.

MMA plans to drill for additional shallow, copper-gold and lead-silver mineralisation as well as the potentially larger, higher-grade copper-gold and lead-zinc-silver extensions at depth in the September quarter.

And Hydrocarbon Dynamics (ASX:HCD) has revealed that a recently announced order to chemically treat 30 wells, plus follow up order, came from oil and gas giant Santos.

 

ASX SMALL CAP LOSERS

Code Company Price % Market Cap
ALT Analytica Limited 0.001 -50% $9,227,602.26
MGTRE Magnetite Mines 0.004 -43% $4,423,645.63
SDV Scidev Ltd 0.275 -30% $74,203,387.81
EVE EVE Health Group Ltd 0.0015 -25% $8,619,617.11
T3D 333D Limited 0.002 -20% $7,418,241.67
SPT Splitit 0.2625 -19% $152,833,409.30
SP3 Specturltd 0.051 -15% $6,378,316.80
LV1 Live Verdure Ltd 0.255 -15% $12,619,297.50
EDE Eden Inv Ltd 0.012 -14% $32,425,506.93
SGC Sacgasco Ltd 0.024 -14% $13,637,179.50
SPX Spenda Limited 0.0155 -14% $52,823,813.78
IVX Invion Ltd 0.013 -13% $96,247,704.66
TAS Tasman Resources Ltd 0.0165 -13% $12,751,893.05
XST Xstate Resources 0.0035 -13% $12,860,726.60
KGN Kogan.Com Ltd 4 -12% $485,451,317.62
PX1 Plexure Group 0.23 -12% $91,931,418.54
AHN Athena Resources 0.008 -11% $7,316,708.02
DLT Delta Drone Intl Ltd 0.016 -11% $5,397,953.40
MRD Mount Ridley Mines 0.008 -11% $52,056,063.72
MTH Mithril Resources 0.008 -11% $26,282,097.37
RRR Revolverresources 0.34 -11% $32,213,531.76
BWF Blackwall Limited 0.725 -10% $54,647,820.45
LRS Latin Resources Ltd 0.13 -10% $277,111,255.08
GME GME Resources Ltd 0.135 -10% $89,098,614.30
SCT Scout Security Ltd 0.045 -10% $7,669,732.50
Wordpress Table Plugin