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Good morning everyone, and welcome to 23 July, 2024 – an important date in the history of things and other stuff.

From a philosophical point of view, on this date in 1764, James Otis published his views on taxation without representation. I’ll save you the trouble – he was not a fan.

It was also a big day, militarilty speaking – on this day in 1793, the Prussians conquered Mainz, before moving on to Dessertz.

In 1798, Napoleon Bonaparte conquered Alexandria in Egypt. He would eventually go on to have a crack at Russia in 1812, before *ahem* coming up short.

Luckily for you, you won’t have to build an enormous empire only to come undone by being foolish enough to invade Russia in the winter, in order to get your hands on the info you need this morning.

That’s 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$2,401.10 (+0.12%)

Silver: US$29.20 (-0.31%)

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

Copper (3mth): US$9,213/t (-1.37%)

Zinc: US$2,716/t (-0.77%)

Oil (WTI): US$78.99 (+0.45%)

Oil (Brent): US$83.04 (+0.41%)

Iron 62pc Fe: US$108.45/t (0.00%)

AUD/USD: 0.6664 (-0.05%)

Bitcoin: US$67,685.80 (-0.73%)

 

WHAT GOT YOU TALKING

What’s been happening among the ASX’s little health stocks? Plenty, that’s what – and here’s Eddy Sunarto to tell you all about it.

 

 

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:

Astute Metals (ASX:ASE) was up early on Monday morning, reporting assay results from a further four drillholes at its Red Mountain lithium project in Nevada, USA – and the news is good. Astute says drilling has found thick intersections of lithium above 1,000ppm, with the standout result being 13.7m @ 1,070ppm Li / 0.57% Lithium Carbonate Equivalent1 (LCE) from surface, including 83.8m @ 1,230ppm Li / 0.65% LCE from 16.8m.

AuMake International (ASX:AUK) was up on Monday morning on news that the company has entered a non-binding three (3) year strategic co-operation framework with Chinese State-Owned Enterprise Yangtze River New Silk Road International Logistics, to “establish a comprehensive end-to-end supply chain network for Australian goods and services”.

EV Resources (ASX:EVR) made headway on news that surface rock chip samples of up to 71% Cu and 874g/t Ag demonstrated previously unknown copper and precious metals potential at the Khartoum project in northern Queensland, with the company reporting that the high-grade copper values include 10.9% Cu, 9.11% Cu, 8.6% Cu and 4.16% Cu.

And Swoop Telecommunications (ASX:SWP) was on the move thanks to news that it has signed a key customer contract and committed to construct, own and operate a significant new fibre infrastructure network in Melbourne, with initial committed revenues of a minimum of $24 million and up to $36m over the next 22 years.

Jupiter Energy made a late rush off the back of a decent quarterly, with the company announcing that it had sold about 56,000 barrels of oil, for an unaudited oil sales revenue (including VAT) total for the Quarter ending 30 June 2024 of  ~$US2.3 million (~$3.5 million).

 

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 

Highfield Resources (ASX:HFR) – to provide clarification to the announcement made 19 July 2024.

Anteris Technologies (ASX:AVR) – pending an announcement in relation to a proposed capital raising.

Wellnex Life (ASX:WNX) – pending an announcement in relation to a proposed listing on the London Stock Exchange and associated capital raising.

Frontier Energy (ASX:FHE) – pending an announcement regarding debt finance for the Stage One development of the Waroona renewable energy project.

Peak Rare Earths (ASX:PEK) – pending an announcement regarding the funding and development of the Ngualla rare earth project.

SRJ Technologies Group (ASX:SRJ) – pending an announcement regarding a material acquisition and a capital raising.

Jervois Global (ASX:JRV) – pending the release of an announcement in relation to the US$100 million 12.5% Idaho Cobalt Operations senior secured bonds.

LTR Pharma (ASX:LTP) – pending the release of an announcement in relation to a proposed capital raise.

Dorsavi (ASX:DVL) – pending an announcement by the Company to the market in relation to a capital raising.