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

Good morning everyone, and welcome to 12 July, 2024 – an important day in the history of being not even remotely the first European to find Australia.

That’s because it was on this day in 1771 that Captain James Cook returned to England after a two-year voyage around the Pacific Ocean to allow for a clean-up crew to scrub The Endeavour and re-stock the all-you-can-eat buffet ahead of another journey south.

Oddly enough, it was on this day in 1776 that Cook left England again, on the same boat with quite a few of the same people on board, for his third and final cruise among the Pacific islands.

This time round, he did “discover” Australia in the face of some people who were clearly already living here, and then sailed off over the horizon again, only to die at the hands of some far more angry Hawaiian locals in 1779.

Years later the salty sea dog’s statue suffered a similar fate at the hands of some St Kilda locals.

Luckily for you, you don’t need to leave a complicated colonial legacy 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$2,379.31/oz (+0.27%)

Silver: US$30.98/oz (+0.39%)

Nickel (3mth): US$16,891/t (-1.46%)

Copper (3mth): US$9,695/t (-0.68%)

Zinc: US$2,976/t (+0.37%)

Oil (WTI): US$82.62/bbl (+0.63%)

Oil (Brent): US$85.70/bbl (+0.74%)

Iron 62pc Fe: US$108.74/t (-1.60%)

AUD/USD: 0.6756 (+0.02%)

Bitcoin: US$57,982.10 (+0.47%)

WHAT GOT YOU TALKING

It was a big day for a handful of our Small Caps Resources stocks yesterday – here’s a quick wrap of how things were going, in case you missed all the fun.

Here are the biggest #ASX #SmallCap #resources winners in morning trade, Thursday, July 11. Prices accurate at time of writing. $AUG $LIT $C7A $SVG $ADD https://t.co/8Rwb6fxFS3

— Stockhead (@StockheadAU) July 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	Company	Price	%	Volume	Market Cap
AUG	Augustus Minerals	0.093	144.7	28,605,837	$3,244,060
SHO	Sportshero Ltd	0.005	66.7	1,833,796	$1,853,499
SVG	Savannah Goldfields	0.036	56.5	818,055	$6,464,953
C7A	Clara Resources	0.017	54.5	11,154,244	$2,201,529
AVE	Avecho Biotech Ltd	0.003	50.0	594,397	$6,338,594
PRX	Prodigy Gold NL	0.003	50.0	102,333	$4,235,549
RNE	Renu Energy Ltd	0.006	50.0	336,281	$2,904,536
TD1	Tali Digital Limited	0.0015	50.0	109,537	$3,295,156
SM1	Synlait Milk Ltd	0.34	47.8	821,521	$50,273,782
LSA	Lachlan Star Ltd	0.067	36.7	601,178	$10,171,087
ALY	Alchemy Resource Ltd	0.008	33.3	642,927	$7,068,458
IBG	Ironbark Zinc Ltd	0.004	33.3	9,878,338	$5,077,718
JAV	Javelin Minerals Ltd	0.002	33.3	12,814,782	$4,688,164
RWD	Reward Minerals Ltd	0.045	28.6	99,994	$7,974,860
ASN	Anson Resources Ltd	0.16	28.0	10,207,947	$161,316,026
LIT	Lithium Australia	0.023	27.8	12,036,055	$22,001,250
SLM	Solismineralsltd	0.145	26.1	1,711,067	$8,849,718
ZLD	Zelira Therapeutics	0.605	26.0	24,957	$5,446,634
NPM	Newpeak Metals	0.017	25.9	1,917,006	$2,037,569
NUC	Nuchev Limited	0.27	25.6	40,785	$31,462,950
XPN	Xpon Technologies	0.015	25.0	1,667,766	$4,349,298
ADD	Adavale Resource Ltd	0.005	25.0	3,580,088	$4,261,061
HLX	Helix Resources	0.0025	25.0	687,668	$6,528,387
MRR	Minrex Resources Ltd	0.01	25.0	4,053,926	$8,678,940
RLG	Roolife Group Ltd	0.005	25.0	7,500	$3,129,527

Yesterday’s Small Cap Winners included:

Augustus Minerals (ASX:AUG) was well out in front early on news of substantial fresh rock chips from its Ti-Tree project in the Gascoyne region, with chips coming in as high as 35% copper and 236g/t silver from rock chip assays at the company’s Tiberius prospect.

Savannah Resources (ASX:SVG) was up on news of the completion of the Share Purchase Agreement for the sale of Savannah’s remaining shareholding in Renison Coal, the entity that owns the Ashford Coking Coal Project, to Clara Resources.

Meanwhile, Clara Resources Australia (ASX:C7A) was up on news that it has sold its holding in LSE-listed First Tin via an Institutional Bookbuild conducted by UK-based Arlington Group at GBP£0.04 (picked up by Metals X (ASX:MLX) no less), to raise net proceeds of about A$4.3 million, settling on 12 July 2024.

Synlait Milk (ASX:SM1) was up on news that A2 Milk (ASX:A2M) is set to vote in favour of Synlait receiving a $130 million shareholder loan from Bright Dairy International Investment, a related company of Bright Dairy Holding, Synlait’s 39.01% shareholder.

Lithium Australia (ASX:LIT) moved higher on Thursday on news that its recycling operations have achieved maiden Operating Cash Profit in Q4 FY24, with the company now focused on growing that operating profit on a sustainable basis.

Adavale Resources (ASX:ADD) climbed on news that it’s all set to go drilling for uranium in South Australia, following the acquisition of 100% interests in tenement EL6553 from Kilonova Metals. The company is set to undertake 3,000m of drilling to test priority Marree Embayment targets at the site.

And Zelira Therapeutics (ASX:ZLD) was up on news that it has had a positive meeting with US FDA officials to discuss its HOPE autism drug program. Zelira says the meeting request was met with a prompt reply from the FDA, and that it is looking forward to receiving the official minutes of the meeting soon.

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	Company	Price	%	Volume	Market Cap
MSG	Mcs Services Limited	0.001	-50.0	12,413,885	$396,199
OLH	Oldfields Holdings	0.05	-43.8	56,179	$17,778,279
CMD	Cassius Mining Ltd	0.006	-33.3	3,214,388	$4,878,040
88E	88 Energy Ltd	0.002	-33.3	7,617,878	$86,678,016
AXP	AXP Energy Ltd	0.001	-33.3	165,122	$8,737,021
LSR	Lodestar Minerals	0.001	-33.3	980,002	$3,035,096
MAY	Melbana Energy Ltd	0.023	-28.1	68,272,152	$107,846,531
KLI	Killiresources	0.087	-27.5	16,472,625	$14,426,849
APC	Aust Potash Ltd	0.0015	-25.0	2,034,441	$8,040,379
EXL	Elixinol Wellness	0.003	-25.0	943,671	$5,284,729
PKO	Peako Limited	0.003	-25.0	49,701	$2,108,339
JAY	Jayride Group	0.007	-22.2	205,744	$2,126,782
ALR	Altairminerals	0.004	-20.0	519,628	$21,482,888
BYH	Bryah Resources Ltd	0.004	-20.0	210,000	$2,516,434
LPD	Lepidico Ltd	0.002	-20.0	1,701,000	$21,472,798
IAM	Income Asset	0.067	-19.3	7,850	$27,462,278
JNO	Juno	0.023	-17.9	607,660	$5,094,467
PRM	Prominence Energy	0.005	-16.7	39,675	$1,868,258
TTI	Traffic Technologies	0.005	-16.7	120,000	$5,837,311
BIT	Biotron Limited	0.033	-15.4	6,152,454	$35,188,745
KGD	Kula Gold Limited	0.011	-15.4	1,156,250	$8,036,755
CMP	Compumedics Limited	0.29	-14.7	68,125	$60,235,402
FGH	Foresta Group	0.006	-14.3	5,475,161	$16,487,653
LML	Lincoln Minerals	0.006	-14.3	2,468,458	$14,393,317
TMK	TMK Energy Limited	0.003	-14.3	650,000	$24,225,642