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

Today on Stockhead, Jimmy Whelan says let’s hold on, for all we’ve got. Catchy. Emma Davies runs a ruler over ASX companies using cutting-edge tech to find the next big deposit, and Peter Strachan’s giving up all his gold secrets.

What more do you want?

Now go on, git!

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$1,825.31 (+0.14%)

Silver: US$21.21 (+0.29%)

Nickel (3mth): US$18,728/t (-0.11%)

Copper (3mth): US$8,006.50/t (-0.58%)

Oil (WTI): US$87.69 (-1.72%)

Oil (Brent): US$89.14 (-1.96%)

Iron 62pc Fe: US$119.50/t (+0.04%)

AUD/USD: 0.6323 (+0.33%)

Bitcoin: US$27,592 (+0.24%)

WHAT GOT YOU TALKING

Did somebody say 8% pegmatites?

It’s finally happening for $BNR, as predicted by ressie soothsayer Barry ‘Garimpeiro’ FitzGerald. #ASX #lithium #EPA #WA https://t.co/3iEirJ1E8O

— Stockhead (@StockheadAU) October 4, 2023

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
CCE	Carnegie Cln Energy	0.002	100%	547,211	$15,642,574
NOX	Noxopharm Limited	0.105	69%	22,213,354	$18,118,753
BP8	Bph Global Ltd	0.002	33%	1,753,117	$2,002,095
NZS	New Zealand Coastal	0.002	33%	6,038,171	$2,500,515
SIH	Sihayo Gold Limited	0.002	33%	245,250	$18,306,384
YPB	YPB Group Ltd	0.004	33%	205,415	$2,230,384
ADA	Adacel Technologies	0.735	30%	363,704	$43,067,119
ICR	Intelicare Holdings	0.015	25%	196,000	$2,506,985
TI1	Tombador Iron	0.015	25%	3,259,806	$25,901,788
ERL	Empire Resources	0.005	25%	1,465,113	$4,451,740
BNR	Bulletin Res Ltd	0.098	24%	4,940,429	$23,193,697
JPR	Jupiter Energy	0.022	22%	19,000	$22,865,945
NIM	Nimyresourceslimited	0.265	20%	700,943	$17,042,884
SCT	Scout Security Ltd	0.018	20%	742,500	$3,460,020
ROO	Roots Sustainable	0.006	20%	31,285,152	$693,611
VTI	Vision Tech Inc	0.365	20%	156,258	$9,673,752
ICE	Icetana Limited	0.039	18%	440,879	$8,156,181
TSL	Titanium Sands Ltd	0.007	17%	2,204,193	$10,630,828
TGM	Theta Gold Mines Ltd	0.145	16%	16,455	$88,134,376
MKG	Mako Gold	0.015	15%	103,397	$7,488,106
AZI	Altamin Limited	0.069	15%	732,233	$23,503,005
AL8	Alderan Resource Ltd	0.016	14%	17,343,515	$8,633,725
ETR	Entyr Limited	0.008	14%	2,565,673	$13,881,727
OAU	Ora Gold Limited	0.008	14%	182,115	$33,469,980
ABE	Ausbondexchange	0.13	13%	15,137	$4,456,607

Noxopharm (ASX:NOX) was almost 70% higher at the close on Wednesday, because the US Food and Drug Administration has granted Orphan Drug Designation (ODD) status to its CRO-67 preclinical drug candidate, for the treatment of pancreatic cancer.

The FDA grants ODDs for drugs designed to prevent, diagnose or treat rare diseases or conditions, and the designation comes with various benefits that include:

– Tax credits for qualified clinical trials
– Exemption from user fees (e.g. FDA application fees)
– Potential seven years of market exclusivity after approval

So far this year only x2 other Aussie companies have received an ODD from the FDA, from a total of 260 issued. So that’s good.

Another standout on Wednesday was the Aussie global space safety firm Adacel Technologies (ASX:ADA), which just won a new contact from the US Federal Aviation Administration (FAA).

ADA says it’s a bit of an industry leader in ‘advanced air traffic management solutions and simulation and training systems’, and is looking at a terrific US$59 million deal over five years.

Lithium junior Bulletin Resources (ASX:BNR) was up more than 25% on news that it’s all but got its EPA approvals to begin drilling at its Ravensthorpe lithium project in WA’s Great Southern region.

And Redstone Resources (ASX:RDS) has revealed it’s partnering with Galan Lithium (ASX:GLN) ‘to further solidify its exposure to the highly sought after, Tier‐1 mining jurisdiction, that is the James Bay Lithium district in Québec, Canada.’

YESTERDAY’S ASX SMALL CAP LAGGARDS

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
TKM	Trek Metals Ltd	0.034	-36%	14,749,866	$26,188,364
GTG	Genetic Technologies	0.002	-33%	2,182,691	$34,624,974
MTL	Mantle Minerals Ltd	0.002	-33%	111,041	$18,442,338
RBR	RBR Group Ltd	0.002	-33%	1,300,062	$4,855,214
ERG	Eneco Refresh Ltd	0.016	-27%	165,010	$5,991,884
MRD	Mount Ridley Mines	0.0015	-25%	1,052,334	$15,569,766
AGD	Austral Gold	0.022	-24%	6,555	$17,757,029
STA	Strandline Res Ltd	0.085	-23%	23,495,877	$160,882,066
FFF	Forbidden Foods	0.014	-22%	1,717,038	$3,363,490
RAS	Ragusa Minerals Ltd	0.03	-21%	690,178	$5,418,754
CUF	Cufe Ltd	0.012	-20%	3,231,123	$17,191,685
CYQ	Cycliq Group Ltd	0.004	-20%	141,250	$1,787,583
SI6	SI6 Metals Limited	0.0065	-19%	19,660,629	$15,950,875
DY6	Dy6Metalsltd	0.11	-19%	70,636	$5,205,936
TAL	Talius Group Limited	0.009	-18%	1,145,087	$25,147,533
WNR	Wingara Ag Ltd	0.028	-18%	32,003	$5,968,445
KCC	Kincora Copper	0.03	-17%	100,000	$5,773,646
EDE	Eden Inv Ltd	0.0025	-17%	403,109	$10,090,911
ROG	Red Sky Energy.	0.005	-17%	1,181,119	$31,813,363
MGA	Metalsgrovemining	0.105	-16%	5,171	$4,650,063
BIT	Biotron Limited	0.076	-16%	16,645,768	$81,175,041
FTC	Fintech Chain Ltd	0.011	-15%	18,000	$8,460,005
LPM	Lithium Plus	0.475	-15%	1,935,628	$36,953,392
EME	Energy Metals Ltd	0.17	-15%	61,517	$41,936,662
C1X	Cosmosexploration	0.285	-15%	327,631	$14,899,125