On Stockhead today, Benchmark Mineral Intelligence did the math and reckon the world needs more than 300 new graphite mines to nourish a 500% increase in battery demand over the next decade.

Our Jessica Cummins says that for for graphite specifically, that means another 97 56,000tpa natural flake graphite mines will need to be built.

She has the names and the numbers of eight primed and prepped ASX players ready to partake.

But first, the day ahead.

 

TRADING HALTS

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

Spenda (ASX:SPX) – Proposed private placement. No, that’s not a code for something.

Black Rock Mining (ASX:BKT) – Capital Raising.

Zip Co (ASX:ZIP) – Capital raising and liability management exercise.

Si6 Metals (ASX:SI6) – Potential acquisition.

Gratifii (ASX:GTI) – Material contract announce, plus a capital raise.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1972.23 (-0.19%)

Silver: $US23.650 (-0.72%)

Nickel (3mth): $US24,025/t (+2.02%)

Copper (3mth): $US9002.50/t (+0.27%)

Oil (WTI): $US72.01(-0.41%)

Oil (Brent): $US79.81 (+0.49%)

Iron 62pc Fe: $US106.50/t (+3.9%)

AUD/USD: 0.6650 (-0.0%)

Bitcoin: $US26,854 (+0.01%)

 

WHAT GOT YOU TALKING YESTERDAY?

International Graphite’s going local.

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.

 

THURSDAY’S ASX SMALL CAP LEADERS

Here are the best performing ASX small cap stocks on Thursday:

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

Code Company Price % Volume Market Cap
ICL Iceni Gold 0.098 53% 6,557,534 $13,348,571
YPB YPB Group Ltd 0.003 50% 175,021 $1,238,498
MIO Macarthur Minerals 0.25 39% 303,835 $29,817,628
TIG Tigers Realm Coal 0.008 33% 6,406,739 $78,400,214
WFL Wellfully Limited 0.009 29% 4,898,209 $3,450,609
NIM Nimyresourceslimited 0.3 28% 13,590,909 $16,596,532
SLM Solismineralsltd 0.745 26% 7,237,028 $27,256,511
TOR Torque Met 0.155 24% 275,106 $10,204,809
GSM Golden State Mining 0.057 24% 5,480,204 $6,636,153
VSR Voltaic Strategic 0.105 24% 37,487,164 $31,403,908
AEV Avenira Limited 0.016 23% 32,258,218 $22,100,094
E33 East 33 Limited. 0.022 22% 73,633 $9,313,169
YOJ Yojee Limited 0.017 21% 1,339,850 $15,868,474
ABE Ausbondexchange 0.18 20% 21,742 $5,812,965
1CG One Click Group Ltd 0.012 20% 523,909 $6,140,709
BPP Babylon Pump & Power 0.006 20% 50,000 $12,288,857
GTG Genetic Technologies 0.003 20% 373,171 $28,854,145
NAE New Age Exploration 0.006 20% 1,849,333 $7,179,495
ZEU Zeus Resources Ltd 0.045 18% 3,642,048 $16,657,110
IND Industrialminerals 0.42 17% 149,845 $10,746,000
BAT Battery Minerals Ltd 0.0035 17% 900,000 $10,675,761
M4M Macro Metals Limited 0.0035 17% 207,803 $5,961,233
PRX Prodigy Gold NL 0.007 17% 1,259,470 $10,506,647
SCU Stemcell United Ltd 0.0035 17% 485,458 $3,854,189
TRT Todd River Res Ltd 0.014 17% 214,753 $7,818,570
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At lunchtime, Iceni Gold (ASX:ICL) is still at the top of the ladder after surging on news that further exploration at the company’s Everleigh Well target area has led to the discovery of a second gold-bearing outcrop.

“Assay results from the discovery of the second outcropping quartz vein with visible gold in the Everleigh target area are exciting, as they back up the initial field observations that reported visible gold in outcrop,” ICL technical director David Nixon said.

“The Everleigh Well target area continues to deliver in-situ gold bearing rock chips and significant numbers of various sized gold nuggets, where a number of key targets will be prepared for future exploration drilling.”

The rock chip analysis has turned up results ranging between 14,780g/t and 18,207g/t of gold.

Stockhead’s best prospect Reuben Adams says prospecting has also recovered gold nuggets across Everleigh Well, and the fact that the nuggets found near the vein are angular and show little or no signs of transport suggests the primary source may be close by.

The advanced iron ore project developer Macarthur Minerals (ASX:MIO), added 39%  (up +61.3% for the week), despite not making a market-moving sound on the ASX announcements board for nearly an entire calendar month.

So… is there something in the works and word’s leaked out? Stay tuned, or ask your nearest professional.

And lithium explorer Nimy Resources (ASX:NIM), which gained 32% on news it’s intersected lithium-bearing pegmatites in eight holes, over 1.3km of strike, at the South Lake and Royale prospects within the Mons project in Western Australia.

NIM geological consultant Fergus Jockel says to intersect such extensive pegmatites below a strong lithium soil anomaly is highly promising.

“Favourable assays would confirm that the soil sampling is an effective lithium exploration tool at Mons and in this event we will move quickly to expand the anomaly, which remains open”.

 

TODAY’S 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
C7ADB Clara Resources 0.056 -44% 2,234,866 $15,383,454
AYM Australia United Min 0.002 -33% 281,250 $5,527,732
ALV Alvomin 0.275 -29% 7,141,487 $20,801,522
AJQ Armour Energy Ltd 0.003 -25% 1,729,689 $19,685,368
DLT Delta Drone Intl Ltd 0.012 -25% 9,608,518 $8,275,260
GCR Golden Cross 0.003 -25% 3,467,705 $4,389,024
MCT Metalicity Limited 0.0015 -25% 42,933 $7,472,172
MTL Mantle Minerals Ltd 0.0015 -25% 87,500 $12,294,892
CHR Charger Metals 0.375 -23% 1,693,230 $21,420,040
SGC Sacgasco Ltd 0.01 -23% 11,823,330 $8,004,411
KNB Koonenberrygold 0.03 -21% 37,904 $2,878,745
CG1 Carbonxt Group 0.08 -20% 154,678 $27,529,887
AOA Ausmon Resorces 0.004 -20% 1,194,679 $4,846,447
ENT Enterprise Metals 0.004 -20% 5,443,999 $3,525,403
ERL Empire Resources 0.004 -20% 1,580,000 $5,564,675
NZS New Zealand Coastal 0.002 -20% 4,197,523 $4,135,025
SFG Seafarms Group Ltd 0.004 -20% 3,166,765 $24,182,996
THR Thor Energy PLC 0.004 -20% 2,571,145 $7,300,064
TSN The Sust Nutri Grp 0.008 -20% 650,384 $1,407,629
SEG Sports Ent Grp Ltd 0.185 -20% 43,497 $60,055,766
BUR Burleyminerals 0.18 -18% 441,580 $16,416,357
MXO Motio Ltd 0.032 -18% 163,536 $10,195,952
DYM Dynamicmetalslimited 0.26 -17% 1,358,411 $11,025,000
CLU Cluey Ltd 0.074 -17% 104,652 $17,943,608
1ST 1St Group Ltd 0.005 -17% 47,749 $8,501,947
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