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

Good morning everyone, and welcome to 22 July, 2024 – an important date in the history of flying in a really, really big circle.

That’s because it was on this day in 1933 that a fella called Wiley Post completed the first-ever solo flight around the world.

Arguably years ahead of his time, Post is considered “the aviator’s aviator”, because he was a true pioneer who experimented with super-high altitude flight, developed an early version of the pressure suit required to fly at those sorts of altitudes without freezing to death or turning a very Smurfy shade of blue while dying of hypoxia.

Post is also credited with discovering the jet stream – narrow, fast moving air currents that Post believed were responsible for making his plane go superfast. All this, remarkably, was done at a time when most people were still very much of the opinion that if God had intended for humans to fly, he wouldn’t have made it so easy for our luggage to go missing.

At the time of his around-the-world flight, Post was considered by many to be the best aviator in the world. However, his claim to that title came to an abrupt end when he proved it to be categorically false, by dying in a plane crash in 1935.

50 years to the day of his successful circumnavigation of the globe, wealthy Australian busybody Dick Smith became the first human to fly around the world solo in a helicopter, possibly because no one wanted to go with him.

Luckily for you, you won’t have to sit in a cramped helicopter cockpit with Dick Smith for any length of time in order to get your hands on the info you need this morning, because – as always – I’ve worked super-hard to gather 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$2,4702.80/oz (-2.18%)

Silver: US$29.45 /oz (-2.71%)

Nickel (3mth): US$16,274/t (-0.91%)

Copper (3mth): US$9,298/t (=0.94%)

Zinc: US$2,780/t (-1.03%)

Oil (WTI): US$78.60/bbl (-3.32%)

Oil (Brent): US$82.58/bbl (-2.97%)

Iron 62pc Fe: US$108.45/t (-0.26%)

AUD/USD: 0.6683 (-0.54%)

Bitcoin: US$67,004.40 (-0.42%)

WHAT GOT YOU TALKING

With China on the nose again in the US, is Australia back in the hot seat to supply the western world’s graphite needs?

Our High Voltage column wraps all the news driving #ASX #stocks with exposure to #lithium, #cobalt, #graphite, #nickel, #RareEarths, and #vanadium. https://t.co/uyBnql82Cm

— Stockhead (@StockheadAU) July 19, 2024

FRIDAY’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
CSX	Cleanspace Holdings	0.590	93%	282,465	$23,594,721
AUK	Aumake Limited	0.005	67%	17,687,381	$5,743,220
SIS	Simble Solutions	0.005	67%	1,661,399	$2,260,352
MMM	Marley Spoon Se	0.030	67%	230,195	$2,119,039
APC	Aust Potash Ltd	0.002	50%	250,000	$4,020,189
MCT	Metalicity Limited	0.003	50%	114,593	$8,971,705
MTL	Mantle Minerals Ltd	0.003	50%	1,088,652	$12,394,892
NES	Nelson Resources.	0.003	50%	453,913	$1,227,189
MSG	Mcs Services Limited	0.004	33%	649,680	$594,299
QXR	Qx Resources Limited	0.008	33%	2,175,772	$6,660,467
FG1	Flynngold	0.034	31%	42,028,282	$6,618,162
ALM	Alma Metals Ltd	0.009	29%	3,766,258	$10,100,152
AVE	Avecho Biotech Ltd	0.003	0%	108,298	$7,923,243
OVT	Ovanti Limited	0.005	25%	34,292,456	$4,960,422
SGC	Sacgasco Ltd	0.005	25%	2,058,921	$3,586,561
OLH	Oldfields Holdings	0.069	23%	15,000	$11,186,333
HXG	Hexagon Energy	0.016	23%	280,166	$6,667,907
BCT	Bluechiip Limited	0.006	20%	1,090,008	$5,910,198
MOH	Moho Resources	0.006	20%	108,843	$2,695,891
MQR	Marquee Resource Ltd	0.012	20%	1,076,463	$4,133,844
CC9	Chariot Corporation	0.155	19%	116,289	$11,651,622
E25	Element 25 Ltd	0.250	19%	36,460	$46,181,604
KLI	Killiresources	0.160	19%	6,150,290	$16,230,205
REZ	Resourc & En Grp Ltd	0.020	14%	4,828,151	$11,316,185
FXG	Felix Gold Limited	0.047	18%	266,000	$10,017,159

Friday’s Small Cap Winners included:

Cleanspace (ASX:CSX) cranked out a big win and copped a speeding ticket on Friday, all off the back of a 3-day-old sales and revenue update. The company has told the ASX that might be the explanation for the movement.

Flynn Gold (ASX:FG1) was an early leader on Friday morning after delivering news of a new high-grade gold discovery in Northeastern Tasmania, at the company’s Golden Ridge project. Drilling has revealed a gold vein zone in trenching 250m north of the Trafalgar mine, with 17 out of 36 grab rock chip samples assayed at over 10g/t Au, including 99.4g/t Au, 76.6g/t Au and 67.1g/t Au.

Metalicity (ASX:MCT) was up on news that it’s appointed Argonaut PCF to seek indicative offers for its Admiral Bay Zinc Project, located in the Canning Basin, Kimberley Region of Western Australia, which the company says “hosts one of the largest zinc resources in the world, based on existing JORC 2012 compliant mineral resource (170mt at 7.5% Zn eq)”.

Mayfield Group Holdings (ASX:MYG) climbed quickly at the opening bell on news of some boardroom largesse for shareholders. The company has declared a fully franked final dividend of $0.02 per share for the fiscal year ending on 30 June 2024, which is double the divvy the company paid out this time last year.

And Riversgold (ASX:RGL) dropped an investor presentation this morning that has done something fitting the company name, the price moving more than 7.6%, which isn’t terrible considering the rest of the market’s mood through the last session.

FRIDAY’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
NTM	Nt Minerals Limited	0.007	-42%	4,115,026	$12,208,835
88E	88 Energy Ltd	0.002	-33%	2,378,294	$86,678,016
ACP	Audalia Res Ltd	0.014	-26%	279,673	$13,150,588
PKO	Peako Limited	0.004	-26%	750,688	$2,846,152
AAU	Antilles Gold Ltd	0.003	-25%	5,616,830	$5,845,711
ECT	Env Clean Tech Ltd.	0.003	-25%	75,440	$12,687,242
ATH	Alterity Therap Ltd	0.005	-25%	23,222,766	$31,470,692
LRL	Labyrinth Resources	0.011	-21%	14,338,268	$16,625,612
MRQ	Mrg Metals Limited	0.004	-20%	3,540,000	$13,557,593
ROG	Red Sky Energy.	0.004	-20%	1,041,008	$27,111,136
SIH	Sihayo Gold Limited	0.002	-20%	48,000	$30,510,640
C29	C29Metalslimited	0.093	-19%	356,905	$16,063,337
FME	Future Metals NL	0.022	-19%	446,293	$15,526,093
FFF	Forbidden Foods	0.009	-18%	160,695	$2,499,458
AIV	Activex Limited	0.005	-17%	250,235	$1,293,015
BNL	Blue Star Helium Ltd	0.005	-17%	923,525	$11,669,312
CCZ	Castillo Copper Ltd	0.005	-17%	1,734,297	$7,797,032
EVR	Ev Resources Ltd	0.005	-17%	385,333	$8,227,629
MCL	Mighty Craft Ltd	0.005	-17%	1,430,585	$2,213,456
ME1	Melodiol Glb Health	0.003	-17%	5,794,344	$918,791
TYX	Tyranna Res Ltd	0.005	-17%	651,636	$19,727,552
AGH	Althea Group	0.021	-16%	4,377,888	$10,133,311
OZM	Ozaurum Resources	0.054	-16%	347,199	$10,160,000
QGL	Quantum Graphite	0.630	-15%	181,267	$252,772,285