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

Good morning everyone, and I regret to inform you that it is Monday morning, and that long, glorious dream you just had was actually a thing called “The Weekend” – traditionally a time of rest and relaxation, but which also has a tendency to veer well into vexation, at the slightest hint of chaos.

Just so we’re clear, I’m not talking about “The Weeknd”, who is (I’m reliably told) some Canadian yahoo who makes decent music that all the kids are into – so much so, that in 2015, he was nominated for a Teen Choice Award for his monster hit, “Can’t Feel My Face”.

That’s despite the song being a massively transparent ode to the joys of abusing cocaine.

That fact leads me to believe that either everyone at the Teen Choice awards doesn’t speak English, or that irony itself has succumbed to grabby, skeletal hands of Death.

The single saving grace is that, thankfully at some level, good sense prevailed, and the trophy was eventually given to someone else, whose name escapes me right now, because it’s really, really not that important.

What is important, though, is that the team here at Stockhead have been busy, having a better weekend than The Weeknd, while still managing to put pen to paper and write more utterly brilliant things.

That includes stuff like Cam Drummond’s cut-out-and-keep guide to ASX juniors in Latin America, Josh Chiat’s look at Canadian miners flocking to the ASX and our pet day trader’s happy, happy week punting on Rio.

For those who can’t even talk to anyone until they’ve digested their digits in the morning, that’s all here as well.

Happy Monday.

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$1,945.6 (+0.66%)

Silver: US$23.305 (-0.31%)

Nickel (3mth): US$19,936/t (-1.56%)

Copper (3mth): US$8,375/t (-0.55%)

Oil (WTI): US$91.20 (+0.57%)

Oil (Brent): US$94.27 (+0.14%)

Iron 62pc Fe: US$121.29/t (+0.6%)

AUD/USD: 0.6445 (+-0.02%)

Bitcoin: US$26,604.00 (+0.17%)

WHAT GOT YOU TALKING

If I’ve learnt one thing from my time at Stockhead, it’s that you lot are as into reading about monkeys as you are about picking out your portfolio…

You can never have enough monkey news. https://t.co/SeqHeZPPAW

— Stockhead (@StockheadAU) September 15, 2023

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	Company	Price	%	Volume	Market Cap
OZM	Ozaurum Resources	0.09	181%	26,033,190	$4,064,000
AVW	Avira Resources Ltd	0.002	100%	1,000,001	$2,133,790
PNX	PNX Metals Limited	0.003	50%	101,309	$10,761,249
E25	Element 25 Ltd	0.455	47%	1,084,384	$67,434,404
NVX	Novonix Limited	0.945	38%	16,531,554	$334,582,784
ADS	Adslot Ltd.	0.004	33%	2,308,645	$9,799,853
BNR	Bulletin Res Ltd	0.077	28%	1,187,440	$17,615,466
ADD	Adavale Resource Ltd	0.014	27%	5,482,825	$8,034,062
GTG	Genetic Technologies	0.0025	25%	991,065	$23,083,316
GTR	Gti Energy Ltd	0.01	25%	24,664,234	$16,359,577
MRD	Mount Ridley Mines	0.0025	25%	839,000	$15,569,766
TKL	Traka Resources	0.005	25%	3,721,231	$3,485,317
DEL	Delorean Corporation	0.028	22%	143,711	$4,961,581
RNE	Renu Energy Ltd	0.035	21%	156,396	$12,774,562
ARD	Argent Minerals	0.012	20%	3,328,199	$11,789,812
IEC	Intra Energy Corp	0.006	20%	8,843,422	$8,103,908
ME1	Melodiol Glb Health	0.006	20%	1,805,697	$14,736,602
MXC	Mgc Pharmaceuticals	0.003	20%	17,586	$11,069,920
RDS	Redstone Resources	0.006	20%	1,749,999	$4,356,892
SIS	Simble Solutions	0.006	20%	1,803,014	$3,014,754
ARR	American Rare Earths	0.155	19%	1,353,561	$58,035,029
TTM	Titan Minerals	0.046	18%	3,517,254	$59,048,677
SZL	Sezzle Inc.	21.3	18%	44,136	$49,637,929
BSN	Basin Energy	0.14	17%	986,570	$7,203,600
KGL	KGL Resources Ltd	0.14	17%	44,334	$68,075,024

Friday was all about OzAurum Resources (ASX:OZM), which was flying hard right from open on Friday, on news that the company has snapped up the Linopolis Jaime Project – a strategically held area of over 20 Lithium-Cesium-Tantalum (LCT) bearing pegmatites that have been mined intermittently for tantalite, beryl, tourmaline, brazilianite and feldspar intermittently by the Pacheco family and other artisanal miners for over 50 years.

CEO and Managing Director, Andrew Pumphrey:

“We believe this is an ideal opportunity for the company to acquire strategic lithium projects in addition to the Mulgabbie and Patricia Gold Projects in Western Australia.

“In particular, the advanced Jaime Linopolis lithium Project with a +7m wide spodumene zone with an average grade of spodumene crystals of 6.94% LiO2 offers an immediate drill target and potential for a new lithium discovery,” Pumphrey said.

I might even repeat that bit: spodumene grades of up to 7.36% LiO2 with an average spodumene grade of 6.94% LiO2 confirmed within a +7m wide spodumene zone.

Thiccer than oatmeal, as my impossibly white teenage son says.

Also keeping up the good work was Future Battery Minerals (ASX:FBM) up on news that the company has received firm commitments for a heavily oversubscribed $7.6 million placement, including dollars coming in from some Big Names like Hancock Prospecting.

FBM says it’s going to spend the money on speeding up exploration drilling at the Kangaroo Hills Lithium Project (KHLP) in WA, in which the recent Phase 3 drilling has confirmed a significant spodumene bearing pegmatite swarm at the Big Red and Rocky prospects.

Finally, Adavale Resources (ASX:ADD) had a terrific General Meeting. They published the results of the resolutions put to members, advising that “all resolutions proposed were passed on a poll and without amendment.”

They also placed a bunch of shares, and climbed circa 23%.

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	Company	Price	%	Volume	Market Cap
BGE	Bridge SaaS	0.021	-34%	278,031	$929,152.32
ARE	Argonaut Resources	0.001	-33%	575,571	$10,974,227.95
CT1	Constellation Tech	0.002	-33%	500,000	$4,413,601.11
EDE	Eden Inv Ltd	0.002	-33%	4,514,737	$10,090,910.54
BCK	Brockman Mining Ltd	0.022	-27%	1,418,859	$278,406,963.93
NZS	New Zealand Coastal	0.0015	-25%	34,147	$3,308,020.12
BXN	Bioxyne Ltd	0.013	-24%	1,282,200	$32,327,971.77
EMP	Emperor Energy Ltd	0.011	-21%	1,673,072	$3,764,074.71
LNU	Linius Tech Limited	0.002	-20%	20,649,848	$10,574,476.79
14D	1414 Degrees Limited	0.031	-18%	663,700	$9,050,403.80
KCC	Kincora Copper	0.036	-18%	150,050	$7,056,678.20
MGU	Magnum Mining & Exp	0.032	-18%	5,607,138	$28,218,776.55
AVM	Advance Metals Ltd	0.005	-17%	2,201,924	$3,531,352.36
PRX	Prodigy Gold NL	0.005	-17%	54,731	$10,506,646.91
RLC	Reedy Lagoon Corp.	0.005	-17%	79,949	$3,700,101.53
AGD	Austral Gold	0.026	-16%	38,541	$18,981,651.94
NGL	Nightingale Intel	0.045	-15%	158,798	$5,412,837.95
1AG	Alterra Limited	0.006	-14%	1,646,769	$4,875,867.84
AJL	AJ Lucas Group	0.012	-14%	294,361	$19,260,214.82
GMN	Gold Mountain Ltd	0.006	-14%	1,583,029	$15,883,550.10
YPB	YPB Group Ltd	0.003	-14%	1,250,016	$2,602,115.14
EPM	Eclipse Metals	0.013	-13%	402,959	$30,420,896.90
ETR	Entyr Limited	0.007	-13%	8,840,473	$15,814,831.14
OAU	Ora Gold Limited	0.007	-13%	2,771,510	$37,557,795.42