Rise and Shine: Everything you need to know before the ASX opens

It’s Monday on Stockhead.

The S&P/ASX 200 Most Badass, closed 0.35% lower on Friday in line with US markets on Thursday, but not their Friday. The S&P/ASX Most Badass Emerging Companies index (XEC) fell 0.6%.

Meantime, we’re deep into copper country already on Monday as Emma Davies brings us part two of her searing three-part Tesla dissection.

But first the day ahead.

TRADING HALTS

The following stocks went into trading halts on Friday and are expected out in the coming days:

Carnaby Resources (ASX:CNB) – Pending a capital raising announcement.

BMG Resources (ASX:BMG) – Also pending a capital raising announcement.

Great Northern Minerals (ASX:GNM) – Pending announcement about an acquisition and capital raise.

Antilles Gold (ASX:AAU) – Pending a capital raise announcement.

Nanoveu (ASX:NVU) – Also pending a capital raise announcement.

Corum Group (ASX:COO) – Pending announcement re legal proceeding relating to wholly-owned subsidiary PharmX.

Synlait Milk (ASX:SM1) – To consider new information which may require it to revise previously issued guidance and inform the market.

Greenstone Resources (ASX:GSR) – Pending announcement about a mineral resource update at the Mount Thirsty Project.

Brookside Energy (ASX:BRK) – Pending announcement about Independent Reserves Certification at SWISH Area of Interest along with an on-market share buy-back.

Conico (ASX:CNJ) – Pending announcement on Mt Thirsty resource estimate.

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1982.03 (-1.11%)

Silver: $US25.01 (-0.92%)

Nickel (3mth): $US24,025/t (+2.02%)

Copper (3mth): $US9002.50/t (+0.27%)

Oil (WTI): $US77.71 (-0.65%)

Oil (Brent): $US81.53 (+0.97%)

Iron 62pc Fe: $US120.00/t (0.00%)

AUD/USD: 0.6690 (-0.74%)

Bitcoin: $US27,586 (-1.10%)

WHAT GOT YOU TALKING?

 Lanthanein:

Recent rock chip sampling has identified more outcropping ironstones that could host REE mineralisation at Lanthanein Resources’ Lyons Rare Earths project in WA. https://t.co/HtPS8Q9UMd #ad #ASX $LNR

— Stockhead (@StockheadAU) April 21, 2023

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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:
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Labour hire group RBR Group (ASX:RBR) jumped 75% on Friday after positive news regarding the restart of stalled work at its Rovuma LNG mega project in northern Mozambique.

RBR’s Futuro Group is apparently also enjoying a lift in business activity, with engineering recruitment and construction contract enquiries increasing as Total and EPC contractor, Saipem, prep for the restart at Rovuma LNG’s onshore facility.

“Whilst Total is yet to make an official announcement on the lifting of Force Majeure on the project Saipem executive, Alessandro Puliti has publicly stated that July 2023 is the target for formal resumption of works,” RBR said.

Also still in the money – and up 25% – was OD6 Metals (ASX:OD6), which announced bonanza new REE finds on Thursday “with extensive clay thickness of between 20 and 80m”.

ASX SMALL CAP LOSERS

Here are the worst performing ASX small cap stocks:

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