On Stockhead today, we’ve won the war on inflation. Josh knows which ASX stocks won the war in commodities…

Bevis hates war, but loves gas. He knows who’ll win out of the gas majors and Albo’s new carbon scheme.

China always wins, but President Xi might not.

But first, the day ahead.

 

TRADING HALTS

These are the stocks which were halted at the end of the last ASX session:

Kazia Therapeutics (ASX:KZA) – Halt called pending the release of an announcement about an anticipated financing transaction.

 

WHAT GOT ME  TALKING

Actually, this got me writing.

I just posted it, and as you can see it’s relevant, timely and witty. So please read the bloody thing and do the click/like/add/comment/send money.

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1876.53 (+0.04%)

Silver: $US23.01 (-0.82%%)

Nickel (3mth): $US21,900/t (-0.85%)

Copper (3mth): $US7,850/t (+2.98%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, DEC 28): $US82,075/t (+114.4% year-to-date)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, DEC 28): $US80,650/t (+164.4% year-to-date)

Oil (WTI): $US77.65 (+3.44%)

Oil (Brent): $US783.04 (+3.71%)

Iron 62pc Fe: $US121.00 (+2.5%)

AUD/USD: 0.6909 (+0.32%)

Bitcoin: $US17,538 (+o.34%)

 

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 the best performing ASX small cap stocks at the close

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

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In Small Cap news on the ASX Thursday session it was all commodities.

Norwest Minerals (ASX:NWM) went gangbusters, up some 50% after releasing these results from its maiden 33-hole drilling program at its Bali copper project.

  • 52m @ 1.4% Cu from 0m inc. 12m @ 4.4% Cu from 4m in BRC001
  • 17m @ 0.5% Cu from 3m inc. 1m @ 3.7% Cu from 5m in BRC018
  • 13m @ 0.8% Cu from 21m and 17m @ 0.9% Cu from 39m in BRC022
  • 11m @ 1.0% Cu from 17m and 15m @ 0.6% Cu from 32m in BRC033
  • 29m @ 0.7% Cu from 4m inc. 1m @ 5.0% Cu from 28m in BRC025
  • 15m @ 1.0% Cu from 10m inc. 3m @ 3.0% Cu from 13m in BRC027

“The RC drilling targeted four priority prospects, with many of the holes returning wide copper intercepts grading ≥ 0.2% with 16 individual metres assaying ≥ 3% copper and the highest being 11.2% Copper,” the company says.

When last we looked Norwest was on track for a +53% day.

Centrex Mining (ASX:CXM) jumped well over 20% on nothing substantial i the news dept, while an offtake term sheet with French low-carbon battery manufacturer for the sale of high-purity manganese sulphate monohydrate (HPMSM) from its Chvaletice Manganese Project in the Czech Republic has Euro Manganese (ASX:EMN) climbing well into double digits.

 

ASX SMALL CAP LAGGARDS

Here are the least performing ASX small cap stocks:

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

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