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

Good morning everyone, and welcome to 22 February, 2024 – an important day in Church history, as it was on this day in 1173 that Pope Alexander III canonised former Archbishop of Canterbury, Thomas Becket.

According to eyewitnesses, there was “a loud bang, and bits of the Archbishop went everywhere.”

Today is also my birthday, as it was on this day in the early 1970s that someone had a chance to stop me, but didn’t. This is all their fault.

For your perusal this morning, we have Nadine McGrath’s most-excellent look at an ASX-listed cancer fighter working hard to make cancer treatment heart-safe as well, and Eddy’s written something about TrivarX that I haven’t read yet, but I’m assuming will be up to his usual glorious standards.

(Update: I just did, and it’s some amazing medtech stuff.)

And, as always there’s words and numbers down below for you to scour now and then promptly forget the moment the market opens later on this morning.

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$2,031.09 (+0.34%)

Silver: US$23.15 (+0.52%)

Nickel (3mth): US$16,132.50/t (+0.16%)

Copper (3mth): US$8,423.84/t (+0.84%)

Oil (WTI): US$77.27 (+0.08%)

Oil (Brent): US$82.60 (+0.05%)

Iron 62pc Fe: US$128.87/t (+0.09%)

AUD/USD: 0.6569 (+0.24%)

Bitcoin: US$51,880.60 (-0.80%)

WHAT GOT YOU TALKING

Here’s the play-by-play on all the action in Resources you might have overlooked yesterday.

#Resources Top 5: Australian Mines targets more #niobium and #REEs in Brazil; @BastionLimited divests its Cometa #copper project in Chile to… Hot Chili; while Carnavale has high-grade results this week at its Kookynie #gold project in WA. https://t.co/RpX81StfbJ

— Stockhead (@StockheadAU) February 21, 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
AUZ	Australian Mines Ltd	0.022	29%	99,591,201	$19,210,670
TG6	TG Metals	0.33	27%	585,387	$14,062,403
BMG	BMG Resources Ltd	0.015	25%	17,445,339	$7,605,566
ATH	Alterity Therap Ltd	0.005	25%	1,184,017	$17,531,019
CAV	Carnavale Resources	0.005	25%	2,098,500	$13,694,207
SIT	Site Group Int Ltd	0.0025	25%	1,000,000	$5,204,980
TMK	TMK Energy Limited	0.005	25%	5,698,732	$24,490,317
DEM	De.Mem Ltd	0.1175	22%	740,829	$23,549,411
NYR	Nyrada Inc.	0.022	22%	745,454	$2,808,157
NGL	Nightingale Intel	0.067	22%	693,036	$5,908,860
BMO	Bastion Minerals	0.012	20%	16,351,661	$3,114,441
NKL	Nickelxltd	0.043	19%	943,659	$3,161,346
TOY	Toys R Us	0.013	18%	3,293,302	$10,807,099
CSR	CSR Limited	7.95	17%	4,323,643	$3,231,886,884
SRT	Strata Investment	0.17	17%	113,753	$24,566,419
C7A	Clara Resources	0.021	17%	158,742	$3,402,703
CUL	Cullen Resources	0.007	17%	454,493	$3,421,039
NET	Netlinkz Limited	0.0035	17%	215,480	$11,635,345
TIA	Tian An Aust Limited	0.25	16%	38,981	$18,620,898
AYA	Artryalimited	0.33	16%	144,510	$22,414,963
SHO	Sportshero Ltd	0.015	15%	1,863,928	$8,031,827
CDA	Codan Limited	9.68	15%	1,052,099	$1,523,055,349
MQR	Marquee Resource Ltd	0.023	15%	1,518,543	$8,267,688
RCR	Rincon	0.046	15%	26,915,343	$8,846,055
AML	Aeon Metals Ltd	0.008	14%	380,202	$7,674,804

Yesterday’s Small Cap Winners included:

Alterity Therapeutics (ASX:ATH) was out in front on Wednesday morning, rising steadily after presenting new data, including new baseline biomarker data on ATH434 from its ongoing Phase 2 randomised, double blind clinical trial, was presented at the American Academy of Neurology (AAN) 2024 Annual Meeting in Denver, Colorado on Tuesday.

Australian Mines (ASX:AUZ) was up on news of a new, second exploration target prospective for niobium and rare earths at the Jequie Rare Earth Project located within the state of Bahia in Fabulous Brazil.

Rincon Resources (ASX:RCR) continued to make hay from Monday’s announcement that the company has grown its tenement size in the West Arunta region to more than 260km2, after a new exploration licence application was granted over an area that contains the historic ‘Mantati’ copper-lead-zinc occurrence.

Singular Health Group (ASX:SHG) was also in the good books, announcing that it has raised $4,123,142 through a recent capital raising via institutional, sophisticated and professional investors, resulting in the issue of 37,483,101 fully paid ordinary shares.

Argent Minerals (ASX:ARD) has reported extensive gold, silver, copper, lead and zinc mineralisation has been confirmed by a rock chip reconnaissance program over the Henry prospect within the Kempfield project in NSW, returning high-grade polymetallic assays up to 14.05g/t Au, 85.2g/t Ag, 0.5% Cu, 0.41% Pb and 0.28% Zn.

NickelX (ASX:NKL) was back in the news, after issuing an amended announcement relating to the identification of uranium mineralisation and priority target areas from data compilation and review at the Elliot Lake uranium project in Ontario, Canada.

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
MRQ	MRG Metals Limited	0.0015	-25%	40,000	$4,942,682
AQN	Aquirian	0.18	-22%	10,000	$18,555,013
KME	Kip McGrath Education	0.38	-21%	185,296	$27,284,408
MRL	Mayur Resources Ltd	0.25	-21%	919,699	$105,871,877
AMD	Arrow Minerals	0.004	-20%	18,742,885	$17,368,825
ROG	Red Sky Energy.	0.004	-20%	4,354,694	$27,111,136
TAS	Tasman Resources Ltd	0.004	-20%	245,218	$3,563,346
TMX	Terrain Minerals	0.004	-20%	3,880,000	$7,158,353
WML	Woomera Mining Ltd	0.004	-20%	25,246	$6,090,695
CTD	Corp Travel Limited	16.02	-19%	5,145,552	$2,904,566,058
5GN	5G Networks Limited	0.14	-18%	6,053,497	$58,198,709
ABE	Ausbond Exchange	0.025	-17%	42,000	$3,380,043
CHL	Camplify Holdings	2	-17%	704,618	$171,600,838
GCM	Green Critical Min	0.005	-17%	1,001,636	$6,819,510
M4M	Macro Metals Limited	0.0025	-17%	250,783	$8,436,233
NTM	Nt Minerals Limited	0.005	-17%	554,375	$5,159,417
TMB	Tambourah Metals	0.088	-16%	239,948	$8,708,737
NC1	Nico Resources	0.185	-16%	106,112	$24,024,127
ERW	Errawarra Resources	0.048	-16%	707,134	$5,467,478
ME1	Melodiol Global Health	0.012	-14%	4,673,016	$3,946,177
POS	Poseidon Nick Ltd	0.006	-14%	6,318,436	$25,994,743
RIM	Rimfire Pacific	0.031	-14%	4,071,654	$79,928,810
REC	Recharge Metals	0.076	-14%	29,413	$9,798,974
DXB	Dimerix Ltd	0.205	-13%	6,275,143	$102,727,032
1TT	Thrive Tribe Tech	0.014	-13%	50,004	$4,745,944

TRADING HALTS

Orica (ASX:ORI) – pending an announcement in relation to a corporate transaction and an associated equity raising.

Allegra Orthopaedics (ASX:AMT) – pending the release of an announcement regarding discussions with financiers regarding the company’s financing arrangements.

Global Uranium and Enrichment (ASX:GUE) – pending the release of an announcement in relation to a capital raising.

American Rare Earths (ASX:ARR) – pending an announcement by the Company in relation to a capital raising.

Lotus Resources (ASX:LOT) – pending an announcement regarding a proposed placement.