On Stockhead today, Oh we’re watching Vanadium today.

Vanadium?

The chemical element rarely found in nature, with the symbol V and the atomic number 23 – both a significant letter for admirers of Alan Moore’s early work, and a portentous number for sports fans.

Anyway, Reubs has been making calls and says there’s consensus that as VRFB starts to absorb Vanadium and Ferro-vanadium supply, demand for the hard, silvery-grey, highly-malleable (…actually it sounds a lot like one or two of the people in this newsroom ) transition metal is looking positively Krakatoan.

Illustration: The eruption of Krakatoa, and subsequent phenomena, 1888. Via: Krakatoa Committee of the Royal Society, G. J. Symons (editor) – Houghton Library. Edited by George James Symonds (1838-1900). Published by the Royal Society (Great Britain). Krakatoa Committee. 71-1250, Houghton Library, Harvard University

 

You might not know what VRFB is. Reuben does. And now so do I.

Heaps more too. Heaps.

But first, the day ahead.

 

TRADING HALTS

These companies went into a trading halt at the end of the last session:

Xanadu Mines (ASX:XAM) – Capital Raise

Cyclone Metals (ASX:CLE) – Capital Raise

Openn Negotiation (ASX:OPN) – Capital Raise

Black Cat Syndicate (ASX:BC8) – Capital Raise

Arovella Therapeutics (ASX:ALA) – Capital Raise

Aston Minerals (ASX:ASO) –  Aston’s called a halt pending an announcement regarding a maiden gold resource.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1920.29 (+1.24%)

Silver: $US24.26 (-2.04%)

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): $US79.86 (+1.9%)

Oil (Brent): $US85.28  (+1.5%)

Iron 62pc Fe: $US127.00 (+2.42%)

AUD/USD: 0.6976 (+0.06%)

Bitcoin: $US20,863 (+5.31%)

 

TWEETS I LIKED

Aussie batteries, oi!

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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:

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

Code Company Price % Volume Market Cap
ADG Adelong Gold Limited 0.019 171% $122,525,205.00 $3,211,756
CCE Carnegie Cln Energy 0.002 33% $3,769,523.00 $23,463,861
ROO Roots Sustainable 0.002 33% $287,314.00 $1,558,829
PEC Perpetual Res Ltd 0.023 28% $1,621,318.00 $9,818,711
CZN Corazon Ltd 0.025 25% $7,532,425.00 $12,206,611
CT1 Constellation Tech 0.005 25% $992,335.00 $5,884,801
IPT Impact Minerals 0.01 25% $25,656,067.00 $19,850,964
ROG Red Sky Energy. 0.005 25% $2,338,893.00 $21,208,909
DOU Douugh Limited 0.016 23% $14,333,681.00 $12,770,366
ADV Ardiden Ltd 0.009 20% $6,080,044.00 $20,162,515
BMG BMG Resources Ltd 0.018 20% $822,605.00 $5,789,875
CAV Carnavale Resources 0.006 20% $2,534,982.00 $13,667,759
XTC Xantippe Res Ltd 0.006 20% $11,616,515.00 $51,460,174
A3D Aurora Labs Limited 0.037 19% $851,977.00 $5,708,900
PRS Prospech Limited 0.033 18% $69,682.00 $2,472,361
EOS Electro Optic Sys. 0.68 17% $1,277,438.00 $99,316,883
FFG Fatfish Group 0.021 17% $1,703,654.00 $18,654,838
LNU Linius Tech Limited 0.0035 17% $319,937.00 $8,938,239
MHC Manhattan Corp Ltd 0.007 17% $3,454,324.00 $9,157,672
MOB Mobilicom Ltd 0.007 17% $572,139.00 $7,987,678
NZS New Zealand Coastal 0.0035 17% $275,000.00 $3,381,015
RXH Rewardle Holding Ltd 0.014 17% $400,000.00 $6,315,858
TRE Toubani Resources 0.1925 17% $61,761.00 $5,412,715
IND Industrialminerals 0.39 16% $280,785.00 $9,999,750
AX8 Accelerate Resources 0.03 15% $733,922.00 $9,817,646
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Adelong Gold (ASX:ADG), which has bolted by a full 142% in the morning session on news that a follow-up drilling program at Gibraltar has turned up a reasonable set of intercepts, which look like this:

  • 1m @ 4.99g/t Au from 11 metres (3DGIB007);
  • 3m @ 12.57g/t Au from 20 metres (3DGIB007)
    • including 1m intersection at 34.6g/t Au (3DGIB007);
  • 1m @ 18.55g/t Au from 78 metres (3DGIB007);
  • 6m @ 2.79g/t Au from 90 metres (3DGIB008);
    • Including 1m @ 8.58g/t Au; and
  • 1m @ 10.75g/t Au from Surface (3DGIB009)

Corazon Mining (ASX:CZN), also caught the attention of investors, adding +25.0%, off the back of high-grade lithium assay results from spodumene-bearing pegmatite within the Miriam Nickel Sulphide Project in the Eastern Goldfields region of Western Australia.

 

ASX SMALL CAP LAGGARDS

Here are the least best performing ASX small cap stocks:

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

Code Company Price % Volume Market Cap
MTH Mithril Resources 0.003 -25% 209,999 $13,052,361
AQX Alice Queen Ltd 0.002 -20% 355,914 $5,500,625
OKJ Oakajee Corp Ltd 0.026 -19% 31,250 $2,926,273
FHS Freehill Mining Ltd. 0.005 -17% 548,705 $11,561,093
PUA Peak Minerals Ltd 0.005 -17% 100,000 $6,248,260
RBR RBR Group Ltd 0.0025 -17% 58,301 $4,220,214
AHN Athena Resources 0.011 -15% 17,787,542 $11,316,078
ZAG Zuleika Gold Ltd 0.017 -15% 878,954 $10,461,013
WOO Wooboard Tech Ltd 0.006 -14% 41,000 $1,609,684
HMY Harmoney Corp Ltd 0.53 -14% 51,268 $62,456,686
WWI West Wits Mining Ltd 0.019 -14% 7,729,660 $44,990,829
ATU Atrum Coal Ltd 0.007 -13% 313,238 $11,133,593
IMB Intelligent Monitor 0.11 -12% 188,739 $16,337,537
EMT Emetals Limited 0.0115 -12% 9,671,187 $11,050,000
HCT Holista CollTech Ltd 0.024 -11% 266,242 $7,527,602
ANR Anatara Ls Ltd 0.04 -11% 3,315 $4,997,748
LIN Lindian Resources 0.24 -11% 13,690,295 $263,995,691
ICN Icon Energy Limited 0.008 -11% 40,000 $6,912,123
NAE New Age Exploration 0.008 -11% 149,646 $12,923,090
DRA DRA Global Limited 1.7 -11% 34,975 $103,379,946
CLZ Classic Min Ltd 0.009 -10% 19,509,446 $8,762,253
DTM Dart Mining NL 0.054 -10% 91,196 $9,337,234
ASB Austal Limited 1.8225 -10% 1,856,752 $732,132,588
GRV Greenvale Energy Ltd 0.14 -10% 564,501 $65,366,942
HIO Hawsons Iron Ltd 0.095 -10% 5,024,768 $85,336,319
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