Top o’ the morning to you all, and welcome to the middle of the week, which is traditionally a time for calling in sick when you’re not actually crook, because you fancy a day off but don’t want it to look like you’re gunning for a cheeky, undeserved long weekend.

Not that I would advocate ripping off the company you work for because it’s, like, the final day of Destiny 2’s Season of the Deep and there’s an exotic catalyst mission that you have to complete or you’ll never, ever get the chance to do it again – but it’s a super-hard solo mission so it’s likely to take, like, 5-6 hours to complete… because that would be irresponsible.

On a completely unrelated matter, I might not be in later today because of… reasons.

For those of you who have a conscience, there’s a bunch of great content to wade through this morning before the bell rings, including Josh Chiat’s weekly deep dive into the Exciting World of Commodities.

Eddy Sunarto’s got some expert advice on the ASX stocks that could be winners as the AUD loses.

Nadine McGrath’s searching for the next Neuren, and Rob “I’m Badnam” Badman sits down with the MD of Red Metal (ASX:RDM) to find out what it is that makes the company’s REE find (actually and literally) unique.

And, as always, to get your motor running, you’ll find all the digits and data your brain has been craving since late last night, bewlow, for which you are welcome.



Gold: US$1,896.01 (+0.11%)

Silver: US$23.40 (+0.22%)

Nickel (3mth): US$20,600/t (+2.39%)

Copper (3mth): US$8,361/t (+1.05%)

Oil (WTI): US$79.55  (-0.71%)

Oil (Brent): US$83.77 (-0.82%)

Iron 62pc Fe: US$106.77/t (+0.27%)

AUD/USD: 0.6422  (-0.2%)

Bitcoin: US$25,673 (-1.97%)



It seems everyone’s yearning for earnings this week, which is lucky because there’s been a tonne of ‘em…




Here are the best performing ASX small cap stocks:

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Code Company Price % Volume Market Cap
DXN DXN Limited 0.002 100% 1,545,923 $1,721,315
CLE Cyclone Metals 0.0015 50% 101,648 $10,264,505
MTL Mantle Minerals Ltd 0.0015 50% 1,208,333 $6,147,446
MCT Metalicity Limited 0.002 33% 54,658,225 $5,604,129
VAL Valor Resources Ltd 0.004 33% 9,881,705 $11,485,004
KKO Kinetiko Energy Ltd 0.12 32% 4,151,847 $71,031,281
NMR Native Mineral Res 0.055 31% 2,688,377 $6,172,524
HTG Harvest Tech Grp Ltd 0.037 28% 433,251 $19,968,709
ALU Altium Limited 46.34 26% 2,092,668 $4,855,145,011
CTO Citigold Corp Ltd 0.005 25% 359,814 $11,494,636
ENT Enterprise Metals 0.005 25% 20,000 $3,197,884
IBG Ironbark Zinc Ltd 0.01 25% 76,326 $11,734,274
ICN Icon Energy Limited 0.005 25% 116,458 $3,072,055
MXC Mgc Pharmaceuticals 0.0025 25% 69,469 $7,784,719
SRY Story-I Limited 0.005 25% 200,000 $1,505,619
TYM Tymlez Group 0.005 25% 4,998,752 $4,952,781
KRR King River Resources 0.011 22% 599,897 $13,981,725
MRQ Mrg Metals Limited 0.003 20% 871,675 $5,464,797
WYX Western Yilgarn NL 0.22 19% 1,089,801 $9,186,638
LAM Laramide Res Ltd 0.58 18% 17,470 $622,864
SRK Strike Resources 0.06 18% 195,180 $14,471,250
RDM Red Metal Limited 0.1 18% 3,071,806 $20,875,298
BSN Basinenergylimited 0.105 17% 145,122 $5,402,700
AYT Austin Metals Ltd 0.007 17% 147,248 $6,095,248
CXU Cauldron Energy Ltd 0.007 17% 212,898 $5,709,412
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Yesterday’s Small Caps standouts were:

Punchy explorer Western Yilgarn (ASX:WYX) was up near almost 25% after identifying ‘multiple targets’ for drilling at its Bulga mining project in WA.

WYX is  on the go for a gaggle of minerals, including nickel, copper, gold and, yep, some lithium, too.

Stockhead’s assistant minister for resources, Robert Badman says the Bulga project is situated in what appears to be a potentially advantageous position, near two Tier 1, world-class nickel projects operated by BHP (ASX:BHP) – the Leinster and Mt Keith operations – as well as several 2Moz+ gold operations including the renowned Agnew, Lawlers and Bellevue mining projects.

It’s is also about 60km north of Delta Lithium’s (ASX:DLI) Mt Ida Lithium Project and  roughly 90km south of Liontown Resources’ (ASX:LTR) huge Kathleen Valley Lithium Project. A good spot to be in.

Red Metal (ASX:RDM) just kept rising early on Tuesday, with excitement still-fresh regarding the company’s potential world-first rare earths discovery at its Sybella project in northwest Queensland.

The discovery follows assay results from proof-of-concept drilling regarding 19 percussion holes (for 2,280m) across a large tranche of granite, which suggest high-quality grades inside some substantial width.

RDM describes the find as full of the EV-worthy REEs like neodymium and praseodymium (NdPr) as well as yttrium (Y) and dysprosium (Dy), and best of all, MD Rob Rutherford says its all near-surface REO mineralisation.

Rutherford told Stockhead on Monday the find shows scope for “vast tonnages of weak-acid soluble rare-earth oxide (REO) mineralisation hosted in low-acid consuming granite rock”.

Also on the up in the mining space was Nimy Resources  (ASX:NIM) which bagged itself $2.5 million from a major, cornerstone investment from New York-based Lind Partners, in order to get cracking on its nickel and lithium drilling programs at the Mons project, northeast of Perth, WA.

NIM surged in June after the company intersected lithium-rich pegmatite rocks in eight holes, over 1.3km of strike, at the South Lake and Royale prospects within the Mons project.

The investment is a staged placement over a maximum 24-month period, with the price fixed at $0.208 cents in the first four months then at either the fixed price or a calculated VWAP subscription price.



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
CCE Carnegie Cln Energy 0.001 -50% 3,172,872 $31,285,147
QPM Queensland Pacific 0.066 -29% 26,930,341 $162,410,357
BUY Bounty Oil & Gas NL 0.006 -25% 1,434,286 $10,964,008
CHK Cohiba Min Ltd 0.003 -25% 750,000 $8,852,977
MSG Mcs Services Limited 0.021 -25% 600,000 $5,555,702
OSM Osmondresources 0.105 -19% 66,667 $6,096,485
DTL Data#3 Limited 6.14 -18% 2,833,450 $1,161,039,872
LVT Livetiles Limited 0.009 -18% 2,780,924 $12,948,217
PIL Peppermint Inv Ltd 0.009 -18% 19,523,740 $22,416,425
KNG Kingsland Minerals 0.19 -17% 807,369 $10,285,554
SOV Sovereign Cloud Hldg 0.1 -17% 30,682 $40,728,081
BNO Bionomics Limited 0.01 -17% 2,520,197 $17,624,825
FAU First Au Ltd 0.0025 -17% 250,000 $4,355,980
PNX PNX Metals Limited 0.0025 -17% 4,051,035 $16,141,874
KCC Kincora Copper 0.036 -16% 692,746 $6,922,409
DCL Domacom Limited 0.021 -16% 34,347 $10,887,544
MKL Mighty Kingdom Ltd 0.021 -16% 371,166 $8,155,490
PHL Propell Holdings Ltd 0.021 -16% 25,000 $3,008,888
RCL Readcloud 0.059 -16% 20,516 $8,528,610
GLL Galilee Energy Ltd 0.07 -16% 977,389 $28,098,612
GMN Gold Mountain Ltd 0.0085 -15% 40,829,052 $22,690,786
CI1 Credit Intelligence 0.15 -14% 25,426 $14,612,353
DY6 Dy6Metalsltd 0.15 -14% 131,491 $6,748,436
KNM Kneomedia Limited 0.003 -14% 7,961 $5,266,749
XST Xstate Resources 0.012 -14% 73,123 $4,501,268
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Panterra (ASX:PFT): Pending news of a capital raise

Spacetalk (ASX:SPA): Pending news of a capital raise

Balkan Mining and Minerals (ASX:BMM): Regarding a potential capital raise

Battery Age Minerals (ASX:BM8): Pending news of a capital raise

Aldoro Resources (ASX:ARN): Pending an announcement in relation to analysis of drill results for diamond hole 32 (NDD0032)

AVADA Group (ASX:AVD): Pending an announcement in relation to a proposed transaction and a capital raising involving an institutional placement

Grand Gulf Energy (ASX:GGE): Pending news of a capital raise

QMines (ASX:QML): Pending news of a proposed equity raise to be conducted by by way of a placement

Ecofibre (ASX:EOF): Pending news of a capital raise