Good morning everyone, and welcome to Thursday 21 September – an auspicious date on the calendar for a couple of reasons. Firstly, as alluded to yesterday morning, it’s the United Nations International Day of Peace.

So… no hitting, or I’m going to turn the ASX around and drive home. For real. Don’t test me… I’ll do it.

Secondly, it’s also the anniversary of one of the most ludicrous battles in all of history, the Battle of Prestonpans (also known as the Battle of Gladsmuir, depending on who you barrack for) which marked the start of a brutal campaign to put a fella called Charles Edward Louis John Sylvester Maria Casimir Stuart on the British throne.

You might know him better as Bonnie Prince Charlie, though.

He reckoned he was the rightful King of Great Britain, because his grandfather James (aka James II in England and Ireland, and James VII in Scotland where being called James and also being the king was a lot more popular) used to be King, but got sent into exile for being a dick.

Anyway – in 1745, Bonnie Prince Charlie marched an army of 2,500 blokes to Prestonpans in Scotland, to square off against 2,200 English forces, led by Sir John Cope.

Confident, Ol’ Charlie got his Scottish forces to do what Scottish forces did best: Run screaming at the enemy in an effort to scare them to death, before hacking at anyone whose heart hadn’t given out at the sight of a lot of angry, heavily-armed Scots blinded by blood-lust.

To a man, Cope’s forces absolutely sh-t themselves, and in about 10 glorious minutes of battle, somewhere between 400 and 600 people were killed, before the ref stepped in to wave it off and awarded the fight to the Scottish.

After that, a war broke out. Nasty business. Loads of people died.

Anyway – that’s this day in history, but I should really be looking forward at the day ahead, which includes some excellent and engaging yarns from the likes of Eddy Sunarto, whose recap of the IPO highlights of the month is always worth a read.

Plus, Josh Chiat’s taken a squiz at why uranium’s “suddenly” the talk of the town again.

In the meantime, there’s words and numbers – enough for everyone – down below, to get you sorted before the ASX opens later today.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$1,930.22 (-0.04%)

Silver: US$23.16 (-0.28%)

Nickel (3mth): US$19,555/t (-1.83%)

Copper (3mth): US$8,337.50/t (+0.54%)

Oil (WTI): US$89.33 (-1.26%)

Oil (Brent): US$93.19 (-1.21%)

Iron 62pc Fe: US$121.83/t (-0.27%)

AUD/USD: 0.6445 (-0.02%)

Bitcoin: US$27,083 (-0.47%)

 

WHAT GOT YOU TALKING

Perennial favourite, Monsters of Rock, was back on everyone’s reading list yesterday, and for good reason, too – we’re all suckers for gold, and other fancy things.

 

 

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
CT1 Constellation Tech 0.002 100% 252,454 $1,471,200
AL8 Alderan Resource Ltd 0.012 50% 44,984,502 $4,933,557
KEY KEY Petroleum 0.002 33% 1,388,889 $2,951,892
MKL Mighty Kingdom Ltd 0.013 30% 946,120 $3,262,196
OSM Osmondresources 0.125 25% 69,141 $4,689,604
RBX Resource B 0.175 25% 246,251 $11,575,828
BP8 BPH Global Ltd 0.0025 25% 2,180,000 $2,669,460
CCO The Calmer Co Int 0.005 25% 4,456,593 $3,268,477
LNU Linius Tech Limited 0.0025 25% 6,683,333 $8,459,581
TMX Terrain Minerals 0.005 25% 1,857,392 $4,332,797
OZM Ozaurum Resources 0.11 22% 10,566,308 $11,430,000
SZL Sezzle Inc. 24.25 20% 69,428 $55,259,904
MBH Maggie Beer Holdings 0.12 20% 251,235 $35,243,992
AYT Austin Metals Ltd 0.006 20% 262,926 $5,079,373
EDE Eden Inv Ltd 0.003 20% 5,980,880 $8,409,092
LML Lincoln Minerals 0.006 20% 44,000 $7,103,559
MDR Medadvisor Limited 0.24 17% 109,196 $111,954,351
NTD National Tyre & Wheel 0.83 17% 903,688 $94,622,636
CMP Compumedics Limited 0.21 17% 82,422 $31,889,331
FRM Farm Pride Foods 0.14 17% 82,393 $17,262,943
TNY Tinybeans Group Ltd 0.14 17% 28,575 $10,060,631
ATH Alterity Therap Ltd 0.007 17% 1,050,000 $14,639,386
CHK Cohiba Min Ltd 0.0035 17% 574,899 $6,639,733
LBT LBT Innovations 0.014 17% 496,075 $4,270,804
MOB Mobilicom Ltd 0.007 17% 2,321,431 $7,960,060
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Yesterday’s Small Caps highlights were:

Gaming minnow, Mighty Kingdom (ASX:MKL) hired lawyers on Monday to chase down their ex-CEO for a cool $2 million, and jumped on news they won’t be going bust as they hunt their man.

Circa $2.1 million, it says, is owed to it by the gaming company’s largest shareholder Gamestar Studios founded by ex MKL CEO Shane Yeend.

Gamestar’s outstanding contribution to a $7mn placement last year was circa $2.3mn. Mighty Kingdom says only $200k of that has been handed over.

Alderan Resources (ASX:AL8) jumped up 50% on happy news that the company has acquired 100% ownership of seven lithium exploration projects consisting of 24 granted exploration licences covering 472km2 in Brazil’s Eastern Lithium Belt.

The licences cover project areas all located in and immediately south of the area known as ‘Lithium Valley’ in the Eastern Lithium Belt of Eastern Brazil.

For reference, Latin Resources’ (ASX:LRS) Salinas Project is just up the road, which boasts a JORC compliant Measured, Indicated & Inferred Mineral Resource estimate of 45.2Mt grading 1.34% Li2O.

OzAurum Resources (ASX:OZM) is back in the winner’s circle on news that the company has raised $2.4 million (before costs) via a share placement through the issue of 31,750,000 new shares.

Interest in OZM went through the roof last week on news that OzAurum has also been out project shopping in Brazil, buying up the Linopolis Jaime Project that has been mined intermittently for tantalite, beryl, tourmaline, brazilianite and feldspar intermittently by the Pacheco family and other artisanal miners for over 50 years.

Besra Gold (ASX:BEZ) spiked on news the company has agreed to sell to Quantum a quantity of refined gold from the Bau Gold Project, up to 3,000,000oz or a value of US$300,000,000, whichever comes first – but has sinced settled back to a 12% gain for the morning.

 

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
ERG Eneco Refresh Ltd 0.014 -26% 201,524 $5,174,809
WEC White Energy Company 0.06 -25% 8,567 $5,472,495
BBX BBX Minerals Ltd 0.031 -23% 662,496 $20,709,384
AGE Alligator Energy 0.053 -22% 81,196,751 $224,952,956
BLU Blue Energy Limited 0.015 -21% 7,891,858 $35,168,498
BSN Basin Energy 0.12 -20% 2,815,110 $9,004,501
GTG Genetic Technologies 0.002 -20% 500,000 $28,854,145
JNO Juno 0.095 -17% 831,500 $15,600,670
NMR Native Mineral Res 0.043 -17% 328,231 $10,479,853
HFY Hubify Ltd 0.015 -17% 20,000 $8,930,453
ICG Inca Minerals Ltd 0.015 -17% 1,366,296 $8,748,180
PNX PNX Metals Limited 0.0025 -17% 4,100,000 $16,141,874
YOJ Yojee Limited 0.008 -16% 3,221,816 $10,784,443
NIS Nickelsearch 0.049 -16% 4,249,952 $5,546,562
MYE Metarock Group Ltd 0.11 -15% 64,482 $39,128,859
OKR Okapi Resources 0.14 -15% 1,811,243 $34,664,193
BRN Brainchip Ltd 0.2125 -15% 19,178,562 $443,764,536
BUR Burley Minerals 0.17 -15% 432,512 $20,259,351
NSB Neuroscientific 0.081 -15% 232,114 $13,737,463
BTN Butn Limited 0.12 -14% 68,680 $25,622,604
CNJ Conico Ltd 0.006 -14% 25,174 $10,990,665
ELE Elmore Ltd 0.006 -14% 2,281,895 $9,795,687
FAU First Au Ltd 0.003 -14% 1,222,498 $5,081,976
IEC Intra Energy Corp 0.006 -14% 6,884,829 $11,345,471
MTB Mount Burgess Mining 0.003 -14% 20,835 $3,554,764
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TRADING HALTS

Netlinkz (ASX:NET) – Pending finalising terms for a debt funding / capital raising.

National Tyre & Wheel (ASX:NTD) – Pending an announcement in relation to the entry into a material supply agreement

Adelong Gold (ASX:ADG) – Pending the release of an announcement concerning an acquisition.

Codrus Minerals (ASX:CDR) – Pending the release of an announcement regarding a potential capital raising.

DXN (ASX:DXN) – Pending an announcement to the market in relation to the completion of a material modular data centre contract.

Pachold (ASX:PGO) – Pending an announcement in connection with a capital raising.

BBX Minerals (ASX:BBX) – Pending an announcement to the market in relation to a capital raising

Synlait Milk (ASX:SM1) – “Synlait Milk Limited has become aware of new information it has received in relation to a material contract with a third party customer. The trading halt is being requested to provide Synlait Milk Limited with additional time to properly consider the new information and to inform the market.”