On Stockhead today, Stockhead goes even more national, what gold experts are buying in the wonky selloff, and why gas price concerns are overcooked.

But first, the day ahead.

 

WHO’S SCHEDULED TO LIST?

ALLUP SILICA (ASX:APS)

Raised: $5m at 20c per share

Listing: 11:30am AEST

The company owns four silica exploration projects in WA. The most advanced is ‘Unicup’ in the State’s south, where APS is focussed on updating and expanding the resource.

Silica is used in the manufacture of photovoltaic panels (solar) and other industrial applications.

 

SARAMA RESOURCES (ASX:SRR)

Raised: $8m at 20c per share

Listing: 12:30pm AEST

This West African gold explorer is already listed on the TSX, and has sights set on growing its flagship ‘Sanutura’ project in Burkina Faso.

But Sanutura is already big, with a mineral resource of 2.9Moz, including 9.4Mt at 1.9g/t for 600,000oz in the indicated category and 52.7Mt at 1.4g/t for 2.3Moz inferred.

The company has 50,000m of mostly extensional drilling planned in the next 12 months.

 

SOLSTICE MINERALS (ASX:SLS)

Raised: $12m at 20c per share

Listing: 11am AEST

The Orecorp (ASX:ORR) spin-out has four gold and base metals exploration projects covering 2,620sqkm in WA.

“The tenement holding has been largely under-explored, with modern exploration previously restricted by disjointed tenement ownership and limited funding,” it says.

“Solstice’s ownership consolidation provides an opportunity to apply cutting-edge targeting methodologies using a belt-scale approach.”

 

TRADING HALTS

The following companies are in trading halts and are expected out in the coming days:

Metalicity (ASX:MCT) – capital raising

Monger Gold (ASX:MMG) – material acquisition and an associated proposed capital raise

Kuniko (ASX:KNI) – capital raising

Miramar Resources (ASX:M2R) – capital raising

Osprey Medical (ASX:OSP) – considering its strategic and funding options

Alchemy Resources (ASX:ALY) – ASX price query

Heavy Minerals (ASX:HVY) – Maiden JORC resource at Port Gregory project

Virtus Health (ASX:VRT) – Court shenanigans around takeover tussle

Sovereign Metals (ASX:SVM) – Capital raising

Triangle Energy (ASX:TEG) – Capital raising

 

MARKETS (updated at 8am AEDT)

Gold: $US1,896.00 (+0.09%)

Silver: $US22.746 (-1.68%)

Nickel (3mth): $US32,500/t (-2.32%)

Copper (3mth): $US9,821/t (-2.24%)

Oil (WTI): $US104.130 (-1.19%)

Oil (Brent): $US109.40 (+1.68%)

Aust Coking Coal (steelmaking): $406.7/t (-9.6%)

Newcastle Coal (thermal): $264/t (+2.0%)

Iron 62pc Fe: $US142.00 (+2.90%)

AUD/USD: $US0.7067 (-0.4876%)

Bitcoin: $US38,096.40 (+1.16%)

 

WHAT GOT YOU TALKING OVER THE WEEKEND?

Stockhead’s Rob Badman caught up with ‘Civitas’ project lead and gaming director Kent Byers to learn about the development of the 4X (eXplore, eXpand, eXploit, and eXterminate) Ethereum-based strategy game.

 

LAST WEEK’S BIGGEST SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for April 25 – 29:

Swipe or scroll to reveal full table. Click headings to sort:

Code Company Price % Week Market Cap
HCD Hydrocarbon Dynamic 0.03 150% $11,154,007.00
WOO Wooboard Tech Ltd 0.002 100% $3,822,162.74
ALY Alchemy Resource Ltd 0.038 100% $36,189,105.82
LRD Lordresourceslimited 0.38 81% $12,159,925.30
99L 99 Loyalty Ltd. 0.049 75% $39,429,213.84
SRN Surefire Rescs NL 0.039 70% $45,601,204.68
BMG BMG Resources Ltd 0.06 67% $18,559,516.16
WFL Wellfully Limited 0.079 55% $19,234,862.96
VTG Vita Group Ltd 0.5 54% $67,897,825.73
PBX Pacific Bauxite Ltd 0.15 50% $1,189,875.90
SPT Splitit 0.26 49% $152,833,409.30
LEL Lithenergy 1.45 48% $54,900,000.00
PCL Pancontinental Energ 0.01 43% $64,388,005.29
POL Polymetals Resources 0.14 40% $5,407,636.41
BNZ Benzmining 0.955 39% $35,529,527.29
HMD Heramed Limited 0.195 39% $35,920,381.98
IMB Intelligent Monitor 0.305 39% $20,616,364.31
YPB YPB Group Ltd 0.002 33% $12,235,667.40
FHE Frontier Energy Ltd 0.32 33% $69,854,608.11
W2V Way2Vatltd 0.058 32% $8,013,241.66
CSE Copper Strike Ltd 0.195 30% $19,837,686.15
NET Netlinkz Limited 0.048 30% $146,842,214.58
HIO Hawsons Iron Ltd 0.745 28% $461,209,152.75
BFC Beston Global Ltd 0.06 28% $51,827,964.48
QUE Queste Communication 0.07 27% $1,895,063.24
AFW Applyflow Limited 0.0025 25% $7,394,020.09
DMC Design Milk Co Ltd 0.4 25% $12,339,549.28
HVY Heavymineralslimited 0.25 25% $9,302,563.50
KNM Kneomedia Limited 0.03 25% $37,684,574.84
MEU Marmota Limited 0.06 25% $49,984,147.12
PPH Pushpay Holdings Ltd 1.2 25% $1,317,507,718.07
LRV Larvottoresources 0.435 24% $16,895,075.00
SMI Santana Minerals Ltd 0.9 23% $106,109,830.40
CL8 Carly Holdings Ltd 0.048 23% $5,699,776.92
ONE Oneview Healthcare 0.27 23% $131,933,110.23
BMO Bastion Minerals 0.195 22% $14,806,205.70
BEX Bikeexchange Ltd 0.067 22% $11,417,558.98
WMG Western Mines 0.335 22% $12,455,050.00
REY REY Resources Ltd 0.28 22% $57,220,435.53
NKL Nickelxltd 0.17 21% $8,856,000.00
GLL Galilee Energy Ltd 0.36 20% $110,024,687.18
IVZ Invictus Energy Ltd 0.24 20% $126,768,151.62
MXR Maximus Resources 0.098 20% $27,339,896.05
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Plucky WA explorer BMG Resources (ASX:BMG) just kept surging last week following some cracking results out at Abercrombie.

BMG hit thick, high-grade gold in drilling at ‘Capital’ — part of the ‘Abercrombie’ project — including a cherry on top – 31m at 6.18g/t gold. This was part of a broader 77m intersection grading ~3g/t from 116m.

So far, drilling has more than doubled the mineralised envelope at Capital to 550m long and 520m deep, while the deposit remains open in multiple directions.

 

LAST WEEK’S BIGGEST SMALL CAP LOSERS

Here are the worst performing ASX small cap stocks for April 25 – 29:

Scroll or swipe to reveal table. Click headings to sort.

Code Company Price % Week Market Cap
E33 East 33 Limited. 0.04 -50% $6,724,037.73
EML EML Payments Ltd 1.6 -42% $569,526,981.90
SLM Solismineralsltd 0.15 -39% $5,662,931.82
AML Aeon Metals Ltd. 0.045 -36% $41,558,826.62
SDV Scidev Ltd 0.29 -34% $74,203,387.81
ALT Analytica Limited 0.001 -33% $9,227,602.26
HHI Health House Int Ltd 0.023 -32% $3,665,703.14
MAY Melbana Energy Ltd 0.089 -32% $252,687,315.94
NZK NZK Salmon Ltd 0.3 -30% $42,191,310.90
OSP Osprey Med Inc 0.2 -29% $5,131,708.40
GGE Grand Gulf Energy 0.037 -27% $58,771,205.27
SES Secos Group Ltd 0.18 -27% $101,821,353.78
OVN Oventus Medical Ltd 0.028 -26% $8,460,428.73
OBM Ora Banda Mining Ltd 0.038 -25% $57,707,466.73
AJQ Armour Energy Ltd 0.009 -25% $19,944,513.27
LCT Living Cell Tech. 0.006 -25% $6,170,182.34
PNM Pacific Nickel Mines 0.09 -25% $28,483,964.88
PTR Petratherm Ltd 0.12 -25% $25,859,314.78
BET Betmakers Tech Group 0.585 -25% $519,489,699.53
LRS Latin Resources Ltd 0.135 -25% $277,111,255.08
KZA Kazia Therapeutics 0.84 -24% $124,114,976.46
EX1 Exopharm Limited 0.19 -24% $31,442,306.60
SAN Sagalio Energy Ltd 0.016 -24% $3,274,562.08
OKR Okapi Resources 0.29 -24% $35,141,751.90
WSP Whispir Limited 1.245 -23% $147,166,662.50
VOL Victory Offices Ltd 0.115 -23% $22,098,722.24
TRS The Reject Shop 3.99 -23% $151,006,890.68
CTT Cettire 0.66 -23% $251,617,225.20
360 Life360 Inc. 4.03 -23% $706,736,959.65
IPT Impact Minerals 0.012 -23% $24,095,077.45
EDE Eden Inv Ltd 0.012 -23% $32,425,506.93
ELO Elmo Software 3.11 -22% $292,875,833.25
VRC Volt Resources Ltd 0.021 -22% $63,052,275.54
WML Woomera Mining Ltd 0.025 -22% $18,544,492.78
ST1 Spirit Technology 0.086 -22% $61,154,569.27
RCR Rincon 0.13 -21% $5,707,603.71
OZM Ozaurum Resources 0.15 -21% $9,440,640.00
WEL Winchester Energy 0.015 -21% $18,183,956.26
SKN Skin Elements Ltd 0.034 -21% $16,462,636.11
UUL Ultima Utd Ltd 0.095 -21% $7,110,829.83
GRV Greenvale Mining Ltd 0.21 -21% $91,297,309.98
AGN Argenica 0.46 -21% $22,745,924.10
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Solis Minerals (ASX:SLM) fell on Thursday by around 30% following the release of assay results from the copper mineralised system at its Mostazal copper project in Chile.