Welcome to the next exciting Tuesday in a long and bountiful line of Days when the ASX is Open. Can you feel the excitement in the air? Or smell it, at least?

You should be able to, because there is a palpable sense of anticipation, as the nation awaits the results of the Reserve Bank’s meeting later on today, where two Very Important Things will be decided.

Firstly, the board will pass judgement on the state of the national economy, and decide whether the Australian borrowing public deserves to have their pockets collectively picked again.

And secondly, far more importantly, the board will (if we’re lucky) figure out a far more reasonable budget for nibbles and piss when they’re holding the next tone-deaf gathering of the nation’s most fortunate people, whose reliance on the taxpayer to feed them from time to time is becoming both onerous, and well beyond passing the pub test.

To whet your appetite for the day ahead, Rob Badman has a look at which Aussie stocks triumphed in the August edition of the Resources Wars.

Eddy Sunarto has the good oil on which brokers are talking up their Next Big Things, and Josh Chiat moves some of the heavens (and a lot more of the earths) to figure out which of the world’s biggest dogs are ready to properly scrap in the lithium yard.

As always, there’s important numbers to crunch with your cereal, which you’ll find lovingly curated below.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$1,938.70 (-0.01%)

Silver: US$23.99 (-0.67%)

Nickel (3mth): US$21,020/t (-0.30%)

Copper (3mth): US$8,450/t (-0.59%)

Oil (WTI): US$85.86  (+0.36%)

Oil (Brent): US$88.93 (+0.43%)

Iron 62pc Fe: US$118.19/t (+8.00%)

AUD/USD: 0.6464  (+0.5%)

Bitcoin: US$25,726 (-0.9%)

 

WHAT GOT YOU TALKING

Australia has long been talking up its green hydrogen future, but are some of the steps that we’re taking landing on shaky ground?

 

 

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
KEY KEY Petroleum 0.002 100% 1,000,540 $1,967,928
AVW Avira Resources Ltd 0.0015 50% 200,001 $2,133,790
CLE Cyclone Metals 0.0015 50% 2,645,800 $10,264,505
EEL Enrg Elements Ltd 0.006 50% 4,686,990 $4,039,860
BXN Bioxyne Ltd 0.016 45% 293,359 $20,918,099
FAU First Au Ltd 0.004 33% 196,000 $4,355,980
TYM Tymlez Group 0.004 33% 27,479 $3,714,586
ASR Asra Minerals Ltd 0.009 29% 6,041,851 $10,082,710
FRB Firebird Metals 0.185 28% 660,601 $10,595,875
ZGL Zicom Group Limited 0.06 25% 214,238 $10,298,880
BCB Bowen Coal Limited 0.125 25% 5,182,977 $213,598,588
BTE Botalaenergyltd 0.125 25% 290,008 $5,331,667
EMD Emyria Limited 0.1 25% 11,142,082 $24,667,945
EMU EMU NL 0.0025 25% 10,561,227 $2,900,043
MXC Mgc Pharmaceuticals 0.0025 25% 707,068 $8,509,936
PEX Peel Mining Limited 0.13 24% 1,360,866 $60,980,626
DUB Dubber Corp Ltd 0.16 23% 1,920,052 $46,475,907
VKA Viking Mines Ltd 0.011 22% 1,411,294 $9,227,326
CYQ Cycliq Group Ltd 0.006 20% 200,000 $1,787,583
NES Nelson Resources. 0.006 20% 762,970 $3,067,972
OLI Oliver'S Real Food 0.024 20% 263,456 $8,814,638
ARV Artemis Resources 0.045 18% 31,529,243 $59,656,898
JAY Jayride Group 0.13 18% 25,025 $22,400,158
MGU Magnum Mining & Exp 0.039 18% 3,056,299 $23,816,226
HT8 Harris Technology Gl 0.013 18% 83,185 $3,290,490
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Yesterday’s Small Caps standouts were:

The clinical stage biotech Emyria (ASX:EMD), secured firm commitments from new and sophisticated investors to raise $2 million (before costs) through an oversubscribed placement.

Emyria said it will also kick off a non-renounceable pro rata entitlement offer to raise approximately $3.1 million (before costs) at the same terms.

The plan is to cash-up and fast-track development of EMD’s MDMA-assisted therapy for PTSD, the usual “revenue growth and data collection” stuff, as well as “payer engagement”.

Global Health (ASX:GLH) jumped in early trade off the back of positive FY23 news, including Customer Revenue growth of 20% to $7.81 million, and Annual Recurring Revenue up 11% to $5.73 million.

Elsewhere the digger Viking Mines (ASX:VKA) was up on news of a solid vanadium find at its Fold Nose deposit, where the company says it’s hit significant vanadium pentoxide (V2O5) intercepts, such as 42m at 0.74% V2O5 (>0.5%) from 79m, including 17m at 0.80% V2O5 (>0.8%) from 83m and 8m at 0.99% V2O5 (>0.8%) from 108m.

Artemis Resources (ASX:ARV) is ahead again, after recent laboratory XRD analysis – by JV partner Greentech Metals (ASX:GRE) – of a known lithium bearing sample collected within the Osborne JV tenement in the Pilbara which has returned 3.6% Li20 from a sample that was 44% spodumene and 43% quartz.

Greentech’s climbed 8% on the same news.

 

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
LLL Leolithiumlimited 0.57 -50% 72,208,110 $1,125,447,873
CT1 Constellation Tech 0.002 -33% 20,000 $4,413,601
MTH Mithril Resources 0.001 -33% 225,190 $5,053,207
TD1 Tali Digital Limited 0.001 -33% 1,178,529 $4,942,733
VPR Volt Power Group 0.001 -33% 800,010 $16,074,312
AXP AXP Energy Ltd 0.0015 -25% 961,295 $11,649,361
DDT DataDot Technology 0.003 -25% 35,987,516 $4,843,811
DM1 Desert Metals 0.077 -21% 1,742,970 $7,109,026
APC Aust Potash Ltd 0.004 -20% 1,767,695 $5,193,447
CTO Citigold Corp Ltd 0.004 -20% 500,000 $14,368,295
NTM Nt Minerals Limited 0.008 -20% 773,543 $8,006,989
OPN Oppenneg 0.008 -20% 739,072 $11,166,796
AW1 Americanwestmetals 0.245 -18% 25,074,381 $108,159,634
PVW PVW Res Ltd 0.066 -18% 17,325 $7,877,088
SOM SomnoMed Limited 0.6 -17% 41,948 $60,148,477
JCS Jcurve Solutions 0.03 -17% 314,741 $11,820,364
CHK Cohiba Min Ltd 0.0025 -17% 7,830,000 $6,639,733
H2G Greenhy2 Limited 0.01 -17% 1,616,696 $5,025,070
LML Lincoln Minerals 0.005 -17% 850,227 $8,524,271
LNU Linius Tech Limited 0.0025 -17% 16,361 $12,689,372
ROG Red Sky Energy. 0.005 -17% 1,734,408 $31,813,363
LKY Locksleyresources 0.042 -16% 418,456 $7,333,333
KRM Kingsrose Mining Ltd 0.059 -16% 2,555,296 $52,676,856
MFD Mayfield Childcr Ltd 0.735 -16% 555,720 $56,822,053
CDX Cardiex Limited 0.14 -15% 181,047 $23,707,781
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TRADING HALTS

Cauldron Energy (ASX:CXU) – Pending a response by the company to volume query received from ASX from 4 September 2023 and pending an operational update.

Orexplore Technologies (ASX:OXT) – Pending a proposed capital raising.

Carnegie Clean Energy (ASX:CCE) – Pending an announcement regarding the Phase 3 results of the EuropeWave Program.

Mobilicom (ASX:MOB) – Pending an announcement by the company to the market regarding the proposed trading solely on Nasdaq and proposed delisting of the company’s securities from the ASX.

Torque Metals (ASX:TOR) – Pending an announcement with regards to a proposed acquisition and associated capital raising.

Javelin Minerals (ASX:JAV) – Pending an announcement regarding a proposed takeover bid by the company and a capital raising.

Antilles Gold (ASX:AAU) – Pending the release of an announcement in relation to a capital raising that will involve a placement to sophisticated investors, and a simultaneous Share Purchase Plan for existing shareholders, the terms of which will be settled during the trading halt.

 

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