Josh says on the ASX, it's getting hard to find a good copper. Via Getty
Rise and Shine: Everything you need to know before the ASX opens
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There’s heaps of stuff on Stockhead today, but what our Josh Chiat has done in explaining how ASX-copper-came-a-cropper in 2022, and where to buy what’s left on the ASX in 2023, well, it is ALL gold.
Chiat, you freak/genius. I salute you.
Meantime, Wall Street made an effort overnight. Good for them.
The Dow Jones Industrial Average found 1.1%. The S&P 500 almost 2%, and the tech-heavy Nasdaq jumped 2.5%.
And now, the day ahead.
TRADING HALTS
The following stock went into trading halts yesterday and is expected out in the coming days:
Gregor reports that Besra Gold (ASX:BEZ) is it.
“BEZ called a halt at 9:48am pending the release of an announcement by the Company regarding an extension to the timetable to issue securities in the recently closed Entitlement Offer.”
“That announcement popped up at 11:28am, leaving the list of Thursday’s trading halts otherwise empty. Told ya things have been a bit slow.”
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: $US1,817.65 (+0.75%)
Silver: $US23.95 (-1.71%)
Nickel (3mth): $US29,547/t (+1.05%)
Copper (3mth): $US8,349.50/t (+0.47%)
Lithium Carbonate, China (Benchmark Minerals Intelligence, DEC 21): $US80,275/t (-1.3% weekly, +123% year-to-date)
Lithium Hydroxide, China (Benchmark Minerals Intelligence, DEC 21): $US80,650/t (-0.4% weekly, +169.2% year-to-date)
Oil (WTI): $US78.34(-0.8%)
Oil (Brent): $US83.48 (-0.61%)
Iron 62pc Fe: $US115.00 (+88%)
AUD/USD: 0.679 (+0.72%)
Bitcoin: $US16,610 (+0.43%)
WHAT GOT YOU TALKING YESTERDAY?
Sounds like a profitable gig.
“Investigations in Mutoko area revealed that villagers were selling lithium ore for between US$15 to US$20 per wheelbarrow load, or US$100 per tonne, to middlemen who would esell it for US$350 to US$450 a tonne.”
Police intercept truck loads of lithium ore https://t.co/bOtpQNno1c
— The Herald Zimbabwe (@HeraldZimbabwe) December 29, 2022
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.
ASX SMALL CAP LEADERS
Here are yesterday’s best performing ASX small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| EVE | EVE Health Group Ltd | 0.002 | 100% | 45,000 | $5,274,483 |
| SOR | Strategic Elements | 0.175 | 56% | 17,160,179 | $43,973,988 |
| CLE | Cyclone Metals | 0.0015 | 50% | 100,000 | $6,116,737 |
| EPN | Epsilon Healthcare | 0.028 | 27% | 936,859 | $6,607,788 |
| CDR | Codrus Minerals Ltd | 0.1425 | 24% | 845,421 | $4,649,450 |
| W2V | Way2Vatltd | 0.0245 | 23% | 168,916 | $4,326,115 |
| IMC | Immuron Limited | 0.084 | 20% | 1,156,494 | $15,945,884 |
| SI6 | SI6 Metals Limited | 0.006 | 20% | 351,662 | $7,476,973 |
| GPR | Geopacific Resources | 0.038 | 19% | 913,352 | $16,667,636 |
| SRZ | Stellar Resources | 0.013 | 18% | 1,989,349 | $11,050,940 |
| NET | Netlinkz Limited | 0.02 | 18% | 7,259,159 | $57,770,060 |
| ATH | Alterity Therap Ltd | 0.0105 | 17% | 3,204,241 | $21,747,766 |
| DDT | DataDot Technology | 0.007 | 17% | 7,000 | $7,463,217 |
| PYC | PYC Therapeutics | 0.0695 | 16% | 529,540 | $190,855,566 |
| ESR | Estrella Res Ltd | 0.015 | 15% | 4,424,515 | $19,286,434 |
| EXL | Elixinol Wellness | 0.023 | 15% | 67,305 | $6,325,311 |
| AZI | Altamin Limited | 0.077 | 15% | 652,353 | $26,245,022 |
| AUH | Austchina Holdings | 0.008 | 14% | 11,976,993 | $14,545,185 |
| IPT | Impact Minerals | 0.008 | 14% | 1,833,455 | $17,369,594 |
| IXU | Ixup Limited | 0.032 | 14% | 10,000 | $28,828,015 |
| MOM | Moab Minerals Ltd | 0.008 | 14% | 648,740 | $4,773,744 |
| SVY | Stavely Minerals Ltd | 0.24 | 14% | 478,230 | $67,820,478 |
| RCL | Readcloud | 0.125 | 14% | 11,436 | $13,402,102 |
| ASR | Asra Minerals Ltd | 0.018 | 13% | 5,777,009 | $23,428,185 |
| AXP | AXP Energy Ltd | 0.0045 | 13% | 900,000 | $23,298,723 |
Thursday’s hero of the dish was Strategic Elements (ASX:SOR).
The new power innovator says it’s made strides in “a revolutionary new power source that generates electrical energy from moisture in the air”.
SOR put its “extremely thin, flexible, environmentally friendly Energy Ink battery” up against the baseline power that is consumed by a leading glucose-monitoring skin patch, which many diabetics wear to keep track of their blood sugar levels, instead of sticking needles in their fingers up to 4 times a day.
The company says that its Energy Ink battery put out more than 200% of the required energy to keep that skin patch ticking over – and it’s hard to overstate what a profoundly massive market SOR’s tech could be about to significantly bite into once it’s ready to start producing its batteries at commercial scale.
ASX SMALL CAP LAGGARDS
Here are yesterday’s worst performing ASX small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| AVW | Avira Resources Ltd | 0.002 | -33% | 100,000 | $6,401,370 |
| CCE | Carnegie Cln Energy | 0.001 | -33% | 1,400,000 | $23,463,861 |
| WBE | Whitebark Energy | 0.001 | -33% | 1,176,382 | $9,697,329 |
| MTL | Mantle Minerals Ltd | 0.002 | -20% | 132,336 | $13,364,013 |
| DLT | Delta Drone Intl Ltd | 0.009 | -18% | 1,426,719 | $3,298,749 |
| GMN | Gold Mountain Ltd | 0.007 | -18% | 12,089,799 | $13,414,268 |
| FHS | Freehill Mining Ltd. | 0.005 | -17% | 1,959,999 | $11,561,093 |
| PUA | Peak Minerals Ltd | 0.005 | -17% | 7,587,377 | $6,248,225 |
| GML | Gateway Mining | 0.053 | -16% | 142,718 | $14,238,691 |
| DCX | Discovex Res Ltd | 0.003 | -14% | 1,147,070 | $11,558,988 |
| MOB | Mobilicom Ltd | 0.006 | -14% | 2,750,000 | $9,318,958 |
| PBL | Parabellum Resources | 0.355 | -13% | 243,742 | $22,436,225 |
| ASQ | Australian Silica | 0.047 | -13% | 104,590 | $15,209,660 |
| IVZ | Invictus Energy Ltd | 0.27 | -13% | 11,821,443 | $275,286,143 |
| CYQ | Cycliq Group Ltd | 0.007 | -13% | 32,105 | $2,780,133 |
| NAE | New Age Exploration | 0.007 | -13% | 229,224 | $11,487,191 |
| KDY | Kaddy Limited | 0.063 | -13% | 760,677 | $9,772,566 |
| 1AE | Aurora Energy Metals | 0.14 | -13% | 671,632 | $19,231,508 |
| ZMM | Zimi Ltd | 0.061 | -12% | 26,754 | $6,104,400 |
| GRX | Greenx Metals Ltd | 0.54 | -11% | 117,801 | $154,708,483 |
| PIL | Peppermint Inv Ltd | 0.008 | -11% | 416,052 | $18,340,712 |
| ALB | Albion Resources | 0.098 | -11% | 3,125 | $5,790,207 |
| DUB | Dubber Corp Ltd | 0.455 | -11% | 346,208 | $156,554,314 |
| EME | Energy Metals Ltd | 0.125 | -11% | 35,242 | $29,355,664 |
| NSB | Neuroscientific | 0.125 | -11% | 1,787 | $20,086,030 |
