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

Good morning everyone, and welcome to 12 April, 2024 – an important date in the history of space travel, as it was on this day in 1961 that Russian cosmonaut Yuri Gagarin was blasted into space aboard the Vostok 1, becoming the first human to orbit the planet in space.

Gagarin’s flight was brief, but glorious – lasting just 1 hour 48 minutes, it cemented his place in history as the owner of the biggest cojones in the world at the time, because space travel was in its infancy, and preposterously unsafe, even by Russian standards.

And while most people know Gagarin’s name, and the fact that he was the first person to orbit the planet, not many people realise that it was a design feature of the Vostok 1 space capsule that it was never intended to carry him all the way back to Earth.

Screaming through the atmosphere on it’s journey home, the capsule ejected Gagarin at an altitude of 7,000 metres, leaving him to travel the rest of the way by parachute – a feat that in itself is mind-blowing.

Gagarin’ bravery paved the way for space exploration, including sending humans to walk on the moon, robots to wander around on Mars, and now wealthy geriatrics can take their friends way beyond the clouds, in rockets that may or may not look like massive dicks – just like their owners.

On a far less phallic note, the Stockhead team has been beavering away merrily, to bring you some sensational content this morning.

That includes… a bunch of stuff which isn’t immediately clear. BUT IT WILL BE INCREDIBLE.

But I’ve also been working super-duper-hard, to bring you all manner of numbers and words – way too much punctuation – and metaphors so mixed you’d need a scientist to untangle them, so that you can hit the ground running for your moonshot on the ASX today.

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$2,375.38 (+1.67%)

Silver: US$28.49 (+1.97%)

Nickel (3mth): US$18,364/t (+0.80%)

Copper (3mth): US$9,374/t (-0.46%)

Oil (WTI): US$85.50 (-0.83%)

Oil (Brent): US$90.19 (-0.33%)

Iron 62pc Fe: US$108.35/t (+1.60%)

AUD/USD: 0.6541 (+0.00%)

Bitcoin: US$70,109 (-0.77%)

WHAT GOT YOU TALKING

Eddy Sunarto’s brought us the very best in Health Stock news once again… the man’s a veritable machine when it comes to covering his rounds.

#Health #stocks: @Gene_type ( $GTG ) to set up breast imaging pilot in US, while @imricor ( $IMR ) clinches sales in Croatia.https://t.co/IlU9dn0MWX

— Stockhead (@StockheadAU) April 11, 2024

YESTERDAY’S 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	Name	Price	% Change	Volume	Market Cap
KTA	Krakatoa Resources	0.019	138%	53,576,719	$3,776,858
RNX	Renegade Exploration	0.010	67%	11,079,444	$6,022,018
EPM	Eclipse Metals	0.008	60%	5,268,749	$11,048,278
TKL	Traka Resources	0.002	33%	275,962	$2,625,988
CR1	Constellation Res	0.165	32%	177,642	$7,410,053
EMP	Emperor Energy Ltd	0.015	25%	2,011,038	$4,088,850
ENT	Enterprise Metals	0.003	25%	662,493	$1,603,942
KPO	Kalina Power Limited	0.005	25%	250,131	$8,840,512
PSC	Prospect Res Ltd	0.160	23%	5,343,164	$60,233,155
PEC	Perpetual Res Ltd	0.011	22%	4,227,478	$5,760,265
SGC	Sacgasco Ltd	0.011	22%	1,378,111	$7,017,184
R3D	R3D Resources Ltd	0.039	22%	127,628	$4,875,890
BPP	Babylon Pump	0.006	20%	1,424,909	$12,497,745
VUL	Vulcan Energy	3.410	19%	1,974,670	$492,128,803
ENX	Enegex Limited	0.025	19%	79,800	$7,747,236
WWI	West Wits Mining Ltd	0.019	19%	20,305,824	$38,886,266
CYM	Cyprium Metals Ltd	0.026	18%	10,996,001	$33,543,671
NWM	Norwest Minerals	0.052	18%	2,389,027	$17,077,258
SHN	Sunshine Metals Ltd	0.020	18%	24,969,331	$26,010,179
IMI	Infinitymining	0.070	17%	34,600	$7,125,203
1MC	Morella Corporation	0.004	17%	761,211	$18,536,398
LNR	Lanthanein Resources	0.004	17%	3,496,471	$5,864,727
TTI	Traffic Technologies	0.007	17%	1,096,667	$5,227,924
BTH	Bigtincan Hldgs Ltd	0.180	16%	7,402,681	$95,519,229
WA1	WA1 Resources	15.030	2%	206,354	$901,644,551

Yesterday’s Small Cap Winners included:

Krakatoa Resources (ASX:KTA) updated the market on its ongoing reconnaissance work on new prospects at the Turon Project. New copper-gold prospect on Turon Project defined with rock-chip assays to 1.24g/t Au, 10.45% Cu, with anomalous Mo, and Sn. Four samples returned over 1% Cu, averaging 4.83% Cu to a maximum of 10.45%

Aura Energy’s (ASX:AEE) drilling defined two new areas of extensive shallow, high-grade uranium mineralisation at Tiris. Assays including 9m at 310ppm U3O8 have defined mineralisation over a strike length of +8km at Hippolyte South. Results are expected to deliver an upgrade to current contained resource of 58.9Mlb U3O8.

Prospect Resources (ASX:PSC) continued its upward trajectory, building on Tuesday’s announcement that the company has acquired an 85% interest in the large-scale Mumbezhi copper project, located in the Zambian Copperbelt, a prized geological jurisdiction.

Cyclone Metals (ASX:CLE) jumped after announcing an upgraded Indicated and Inferred Mineral Resource of 16.6 billion tonnes containing 29.3% total Fe and 18.2% magnetic Fe, cut-off grade 12.5% magnetic Fe at Project Iron Bear. The Indicated portion of the Mineral Resource is 2.15 billion tonnes containing 28.68% total Fe and 19% magnetic Fe.

Renegade Exploration (ASX:RNX) announced that its found a very large magnetic anomaly just north of the Mongoose prospect at its flagship Cloncurry Project, which it now plans to drill in May, with the help of a $300,000 Collaborative Exploration Initiative (CEI) grant from the Queensland Government.

And Cosmos Exploration (ASX:C1X) says that high-grade rock chip assays up to 2.20% TREYO (33% NdPr) have been received from its Leatherback L1 mineralised trend, and the results significantly surpass previous high of 1.09% TREYO previously collected from the L2 trend.

YESTERDAY’S ASX SMALL CAP LAGGARDS

Here are the worst performing ASX small cap stocks:

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

Code	Name	Price	% Change	Volume	Market Cap
CNJ	Conico Ltd	0.001	-33%	2,539,445	$2,707,642
AXP	AXP Energy Ltd	0.002	-25%	173,469	$11,649,361
MRQ	Mrg Metals Limited	0.002	-25%	5,290,440	$5,050,237
TD1	Tali Digital Limited	0.002	-25%	27,892	$6,590,311
OPN	Oppenneg	0.004	-20%	4,398,881	$5,645,898
AEV	Avenira Limited	0.007	-19%	6,780,712	$18,792,272
OLY	Olympio Metals Ltd	0.050	-18%	276,168	$4,285,966
AU1	The Agency Group Aus	0.025	-17%	95,633	$12,857,298
CCA	Change Financial Ltd	0.050	-17%	176,179	$37,659,683
ADY	Admiralty Resources.	0.005	-17%	40,000	$9,776,844
MHC	Manhattan Corp Ltd	0.003	-17%	200,000	$8,810,939
NTM	Nt Minerals Limited	0.005	-17%	1,070,076	$5,159,417
RR1	Reach Resources Ltd	0.003	-17%	559,876	$9,836,169
TMR	Tempus Resources Ltd	0.005	-17%	2,806,905	$4,385,992
LYN	Lycaonresources	0.180	-14%	28,961	$9,251,813
BFC	Beston Global Ltd	0.006	-14%	10,000	$13,979,328
GTR	Gti Energy Ltd	0.006	-14%	379,002	$14,349,630
HXL	Hexima	0.012	-14%	956,058	$2,338,555
PIL	Peppermint Inv Ltd	0.012	-14%	9,541,892	$29,629,017
TMK	TMK Energy Limited	0.003	-14%	828,151	$23,645,002
ZMI	Zinc of Ireland NL	0.014	-13%	779	$3,410,308
SHG	Singular Health	0.105	-13%	225,911	$23,442,367
IMC	Immuron Limited	0.110	-12%	526,072	$28,499,793
SRR	Saramaresourcesltd	0.022	-12%	235,535	$2,010,477
FG1	Flynngold	0.045	-12%	262,244	$8,371,186