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Good morning everyone, and welcome to 10 July, 2024 – an important day in the history of streaking.

That’s because it was on this day in 1040 that, according to legend, Lady Godiva got nude and rode her horse through Coventry to convince her husband, the Earl of Mercia, to lower taxes.

I watched a movie about it once. Possibly more than once, now that I think about it – and I can tell you with absolute certainty that, to this day, I don’t know if the protest was successful or not.

… Maybe I should watch it again.

Luckily for you, you don’t need to ride naked through the middle of town on a horse in order to get your hands on the info you need today because – as always – I’ve thrown together lots of fiddly little things below, so you don’t need to go ferreting all over the internet for your ASX info this morning.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$2363.01/oz (+0.61%)

Silver: US$31.02/oz (+0.65%)

Nickel (3mth): US$17,127/t (-0.28%)

Copper (3mth): US$9,934/t (+1.79%)

Zinc: US$2,925/t (-0.98%)

Oil (WTI): US$82.10/bbl (-0.26%)

Oil (Brent): US$85.55/bbl (-0.23%)

Iron 62pc Fe: US$110.02/t (-1.17%)

AUD/USD: 0.6744 (-0.01%)

Bitcoin: US$57,461.30 (+1.34%)

 

WHAT GOT YOU TALKING

If you only read one cracker of a copper yarn today, it should definitely be this one by Jess Cummins and Josh Chiat.

 

 

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:

Wordpress Table Plugin

 

Yesterday’s Small Cap Winners included:

Killi Resources (ASX:KLI) was killin’ it on Tuesday morning, sailing high and tight on news of assays from surface rock chip sampling which returned high-grade gold and copper results at the Kaa target, within the 100% owned Mt Rawdon West Project in Queensland.

Killi is reporting one very high-grade sample which came back from the lab at 238g/t Au, 2.1% Cu & 513g/t Ag, which the company says it believes is representative of the surface outcrop of a mineralised structure.

Powerhouse Ventures (ASX:PVL) says it has formed a syndicate of investors to establish and co-sponsor a new natural capital platform in the Australian carbon market.

The company says the terms were structured and arranged by PVL, which is leading an experienced consortium including a boutique natural capital investment and advisory firm as well as a globally experienced, Singapore-based commodities trading house. PVL says it’s executed binding documentation for a $500,000 share subscription into the new company, currently called Australian Carbon Credit Investments, with these foundational acquisitions in Australia’s Carbon Project Economy.

Base and precious metals exploration company Lykos Metals (ASX:LYK) was up on news that the National Assembly of Republic of Srpska has voted to adopt an updated Law on Geological Exploration, which opens the door for the company to immediately seek the re-award of the Sockovac license, as well as size expansion from its previous 17km2 to 50km2 area.

And Solis Minerals (ASX:SLM) was rising on Tuesday after surface grab samples from the Cinto project came back from the lab sporting assays up to 7.14% Cu with mineralisation mapped over a 200m x 100m area in historical workings associated with significant alteration and structural deformation.

The company has signed an access agreement with local Carumbraya community at the Cinto project and initiated systematic mapping and sampling of outcropping copper mineralisation.

 

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:

Wordpress Table Plugin

 

TRADING HALTS 

Quickstep Holdings (ASX:QHL) – pending a response by the Company in relation to an ASX query regarding recent share price and volume movements.

Agrimin (ASX:AMN) – pending a response by the Company in relation to an ASX query regarding recent share price and volume movements, as well as the release of an announcement to the market in relation to flotation test work results for the Mackay Potash Project.

Global Lithium Resources (ASX:GL1) – pending an announcement to the market regarding board changes.

DigitalX (ASX:DCC) – pending release of an announcement in relation to the Federal Court of Australia’s decision on the Company’s summary judgement application relating to the matter between the company and former director, Mr Alex Karis.

Macarthur Minerals (ASX:MIO)a few typos in this one, but it looks like it’s for a capital raising.

Perpetual Credit Income Trust (ASX:PCI) – pending an announcement in relation to a proposed capital raising to be undertaken by the Trust.