Good morning everyone, and welcome to Wednesday 11 October – a day of significant infamy, as it marks the 52nd anniversary of the release of John Lennon’s Imagine.

The release of the tune was widely believed to be a Good Thing, but that message of hope and longing for a better planet was doomed, and eventually hijacked by Wonder Woman herself after enduring 6 (six!!!) horrifying, gruelling days in her mansion, self-isolating from Covid.

 

 

Tone deaf and tin-eared… What a powerful combo.

But it’s nowhere near as powerful as the combination of dedicated journos here at Stockhead, who once again have put together a smorgasbord of top-notch info to help you get the most from the market today.

That includes Josh Chiat’s work on chasing down Mark Creasy’s iron ore ambitions, and Cam Drummond’s deep dive into what the energy scene is looking like for the African energy producers as well. With a bonus Toto reference.

Sorry Africa, promise it’s absolutely the last one.

And, as always, here’s all the data and digits and bibs and bobs to get your motor running this morning.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$1,860.23 (-0.04%)

Silver: US$21.83 (-0.26%)

Nickel (3mth): US$18,939/t (+1.92%)

Copper (3mth): US$8,104/t (+0.72%)

Oil (WTI): US$85.96 (-0.49%)

Oil (Brent): US$87.74 (-0.47%)

Iron 62pc Fe: US$117.40/t (-0.66%)

AUD/USD: 0.6428 (+0.27%)

Bitcoin: US$27,459 (-0.51%)

 

WHAT GOT YOU TALKING

We’ve been shaking a few things up here at Stockhead, including an updated format to get you as close as we can to some of the nation’s most interesting CEOs – and this chat between Stockhead’s Sarah Hughan and Ionic Rare Earths (ASX:IXR) MD Tim Harrison certainly caught some attention.

 

 

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
TAL Talius Group Limited 0.011 57% 16,397,326 $16,002,975
MAUCA Magnetic Resources 0.4 48% 75 $5,513,093
MOB Mobilicom Ltd 0.01 43% 6,367,665 $9,286,737
DCL Domacom Limited 0.022 38% 491,340 $6,968,028
AUK Aumake Limited 0.004 33% 82,500 $4,461,778
PVS Pivotal Systems 0.004 33% 170,407 $2,305,138
ROO Roots Sustainable 0.0065 30% 11,268,473 $761,195
NGL Nightingale Intel 0.065 30% 199,253 $5,106,451
CZR CZR Resources Ltd 0.175 30% 478,190 $31,824,177
KRR King River Resources 0.015 25% 4,020,054 $18,642,299
PR1 Pureresourceslimited 0.2 25% 544,998 $4,104,001
HFY Hubify Ltd 0.02 25% 810,046 $7,938,181
M4M Macro Metals Limited 0.005 25% 415,022 $7,948,311
FAL Falconmetalsltd 0.16 23% 204,663 $23,010,000
AEV Avenira Limited 0.011 22% 3,812,862 $15,570,065
YBR Yellow Brick Road 0.06 20% 7,498,140 $16,319,073
SFG Seafarms Group Ltd 0.006 20% 5,000 $24,182,996
BNR Bulletin Res Ltd 0.11 20% 2,818,270 $27,010,381
NNL Nordicnickellimited 0.185 19% 20,000 $9,061,301
4DS 4Ds Memory Limited 0.13 18% 10,034,320 $192,086,758
ALV Alvomin 0.165 18% 20,817 $10,709,456
BRN Brainchip Ltd 0.2 18% 32,411,634 $301,759,885
A11 Atlantic Lithium 0.47 18% 1,409,468 $244,896,664
GCM Green Critical Min 0.007 17% 2,559,503 $6,819,510
HCD Hydrocarbon Dynamic 0.007 17% 211,988 $3,897,995
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Yesterday’s Small Caps highlights were:

Mobilicom (ASX:MOB), not long for this bourse, jumped circa 40% yesterday, after receiving  ‘a number of inquiries from shareholders in Australia requesting additional time to complete the conversion process of ordinary shares into American Depositary Shares (ADSs)’.

That’s because last month MOB broke the news it’ll be removed from the official list of ASX  shares and make its forever home on the Nasdaq.

“In an effort to accommodate its shareholders, the Company has decided to extend the proposed Delisting date to 19 October 2023 to allow current shareholders the ability and time to be able to transfer their fully paid ordinary shares to ADSs if they wish to do so,” MOB says.

Nightingale Intelligent Systems (ASX:NGL) finalised an expanded contract with the San Pablo Police Department (SPPD), which invested in two additional AI-powered Blackbird Robotic Aerial Security (RAS) systems, bringing their total to five.

Here’s the kicker and why the share price was topping out on Tuesday: as part of the expansion with SPPD, Nightingale obtained Tactical Beyond Visual Line of Sight (TBVLOS) approval for its Blackbird drones from the US Federal Aviation Administration, which holds the keys to the US drone kingdom.

CZR Resources (ASX:CZR) jumped early and stayed high on news the Definitive Feasibility Study (DFS) at the Robe Mesa iron ore project in the Pilbara looks “set to generate exceptional financial returns”.

The main talking points of the announcement included increased ore reserves at the project, from 8.2Mt in the pre-feasibility study (PFS), to 33.4Mt and production rates have increased from 2Mtpa in the PFS to 3.5-5Mtpa in the DFS.

Elsewhere, we got Pure Resources (ASX:PR1) up on news it’s staked 13.5km2 of exploration claims in the Crystal Mountain Pegmatite District, Colorado, and Atlantic Lithium (ASX:A11) is higher on word Ghana’s first lithium mine has been boosted by government acquiescence in diverting two transmission lines that run right across A11’s planned mining area.

And DomaCom (ASX:DCL) was up Up 38% to 0.022 cents after it started a capital raise of up to $6 million via convertible notes, the company saying the cash infusion ‘fortifies the company’s financial position enabling further expansion.’

 

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
VTI Vision Tech Inc 0.25 -38% 45,704 $12,686,888
FAU First Au Ltd 0.002 -33% 1,396,660 $4,355,980
AXP AXP Energy Ltd 0.0015 -25% 106,265 $11,649,361
BP8 Bph Global Ltd 0.0015 -25% 2,200,000 $2,669,460
CCE Carnegie Cln Energy 0.0015 -25% 510,784 $31,285,147
MTH Mithril Resources 0.0015 -25% 591,864 $6,737,609
MXC Mgc Pharmaceuticals 0.0015 -25% 500,500 $8,855,936
LVT Livetiles Limited 0.007 -22% 9,281,632 $10,593,996
AHK Ark Mines Limited 0.185 -18% 42,381 $10,157,571
ANO Advance Zinctek Ltd 0.89 -17% 93,319 $67,114,098
ACW Actinogen Medical 0.02 -17% 2,894,551 $53,191,442
HCT Holista CollTech Ltd 0.01 -17% 687,494 $3,345,601
EXT Excite Technology 0.006 -14% 50,000 $8,464,692
G50 Gold50Limited 0.12 -14% 4,165 $14,980,100
PHL Propell Holdings Ltd 0.012 -14% 1,913,141 $1,684,977
AL8 Alderan Resource Ltd 0.013 -13% 4,952,336 $9,250,420
BLU Blue Energy Limited 0.013 -13% 1,092,651 $27,764,604
DTC Damstra Holdings 0.1 -13% 250 $29,656,441
DC2 Dctwo 0.02 -13% 10,000 $3,006,470
NOX Noxopharm Limited 0.096 -13% 1,126,602 $32,146,175
ADG Adelong Gold Limited 0.007 -13% 573,981 $4,770,578
BUY Bounty Oil & Gas NL 0.007 -13% 140,006 $10,964,008
ETR Entyr Limited 0.007 -13% 4,634,054 $15,864,831
EXL Elixinol Wellness 0.007 -13% 1,198,287 $5,050,751
HNR Hannans Ltd 0.007 -13% 73,127 $21,796,838
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TRADING HALTS

Emu (ASX:EMU) – Pending the release of an announcement advising details relating to a proposed capital raise

Nuheara (ASX:NUH) – Pending the release of an announcement by the Company regarding a material equity raising

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