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

Good morning everyone, and welcome to Thursday, 9 November.

Aussie shares are poised to open higher on Thursday as Wall Street fluctuated overnight to finish flattish. At 8am AEST, the ASX 200 index futures was pointing up by +0.3%.

On Stockhead today…

Western Australia is updating its official Battery and Critical Mineral Strategy for 2024-2030 and has released a consultation paper seeking feedback from “stakeholders” – the mining and minerals exploration industry – to help inform the way forward. Meanwhile, Piedmont Lithium has hit a milestone, turning in inaugural revenue and profit on lithium shipments.
Rob Badman’s got it all – what’s hot, what’s not on the ASX for battery metals players.

But first..

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$1,949.25 (-0.98%)

Silver: US$22.53 (-0.26%)

Nickel (3mth): US$17,912/t (-2.89%)

Copper (3mth): US$8,186.50/t (-0.63%)

Oil (WTI): US$75.77 (-2.04%)

Oil (Brent): US$79.96 (-2.02%)

Iron 62pc Fe: US$127.26/t (+1.04%)

AUD/USD: 0.6404 (-0.52%)

Bitcoin: US$35,574 (-0.42%)

WHAT GOT YOU TALKING

Iron ore is a big dog’s game and juniors have been battling for time in the box seat since Gretchen Wieners tried to make fetch happen. So after dumping a controversial mega iron ore project, can the former Flinders Mines reinvent itself as the king of the iron ore juniors?

GTI Energy’s (ASX:GTR) is planning an initial drill program of up to 26-holes at Lo Herma to upgrade the maiden 71Mlbs inferred resource released during the September quarter. Drilling is also set to target exploration potential along trend in the Wasatch Formation and in the deeper Fort Union Formation which Cameco produces from ~10 miles west.

And this…

Cashed-up explorers with tight capital structure and projects with proximity to not one but several significant critical mineral projects are far from common, so Bubalus possess all these qualities certainly marks it as a standout. https://t.co/94bc6l2RoL #ad #ASX @Bubalus_ASX

— Stockhead (@StockheadAU) November 7, 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
CLE	Cyclone Metals	0.002	100%	24,818,999	$10,264,505
GSM	Golden State Mining	0.025	56%	28,362,763	$3,057,412
WML	Woomera Mining Ltd	0.017	42%	50,596,660	$11,474,335
NIS	Nickel Search	0.12	41%	33,126,972	$13,625,272
TG6	TG Metals	1.1	40%	8,362,477	$31,636,710
AZL	Arizona Lithium Ltd	0.032	39%	108,982,379	$76,332,079
BRN	Brainchip Ltd	0.25	39%	31,167,355	$322,210,466
KZA	Kazia Therapeutics	0.11	38%	1,035,042	$18,907,950
HMD	HeraMED Limited	0.045	36%	399,133	$9,223,968
SMN	Structural Monitor	0.7	35%	360,868	$69,773,406
GRE	Greentech Metals	0.85	33%	2,786,192	$36,370,488
QXR	Qx Resources Limited	0.034	31%	10,948,300	$28,748,924
OZM	Ozaurum Resources	0.155	29%	8,586,453	$19,050,000
BUS	Bubalus Resources	0.205	28%	265,780	$5,147,788
KOB	Koba Resourcesl	0.084	25%	15,862	$7,062,917
AM7	Arcadia Minerals	0.08	25%	235,334	$6,979,206
GTG	Genetic Technologies	0.0025	25%	28,816	$23,083,316
RLC	Reedy Lagoon Corp.	0.005	25%	651,603	$2,466,734
NWC	New World Resources	0.032	23%	11,894,033	$58,805,293
IMU	Imugene Limited	0.081	23%	220,046,714	$472,888,341
ARV	Artemis Resources	0.033	22%	13,685,300	$42,590,296
HTA	Hutchison	0.036	20%	23,370	$407,175,257
NXS	Next Science Limited	0.36	20%	581,573	$87,508,531
1MC	Morella Corporation	0.006	20%	388,626	$30,817,964

Yesterday’s Small Caps highlights:

It was a good day for Golden State Mining (ASX:GSM), up after announcing a series of pegmatite dyke “swarms” at Paynes Find Central and Paynes Find North in the Murchison region of WA with samples off to the lab for lithium analysis and drilling likely early next year.

Technology is improving monitoring of pregnancy with medtech company focusing on maternity care, HeraMED (ASX:HMD), today announcing a trial for up to 90 pregnancies for six to nine months at Gold Coast Hospital to evaluate clinical useability, patient satisfaction, and economic analysis of the HeraCARE and HeraBEAT platforms.

For more market winning announcements head to today’s In Case You Missed It.

YESTERDAY’S ASX SMALL CAP LAGGARDS

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

Code	Company	Price	%	Volume	Market Cap
BOD	BOD Science Ltd	0.031	-45%	4,464,985	$9,930,956
HFY	Hubify Ltd	0.015	-29%	180,810	$10,418,862
PUA	Peak Minerals Ltd	0.003	-25%	22,000	$4,165,506
KGD	Kula Gold Limited	0.012	-20%	970,095	$5,598,179
MXO	Motio Ltd	0.028	-20%	271,328	$9,386,942
CHK	Cohiba Min Ltd	0.002	-20%	1,000,000	$5,533,110
KPO	Kalina Power Limited	0.004	-20%	3,260,726	$7,575,979
LSR	Lodestar Minerals	0.004	-20%	14,099,682	$10,116,987
RIE	Riedel Resources Ltd	0.004	-20%	61,701	$10,297,035
CR1	Constellation Res	0.105	-19%	40,022	$6,487,705
EPM	Eclipse Metals	0.009	-18%	4,660,730	$22,481,847
ESK	Etherstack PLC	0.25	-17%	15,378	$39,572,101
FRS	Forrestania Resources	0.03	-17%	460,497	$3,682,858
CXU	Cauldron Energy Ltd	0.01	-17%	6,914,811	$11,682,824
ECT	Env Clean Tech	0.005	-17%	105,629	$17,085,331
TAS	Tasman Resources Ltd	0.005	-17%	536	$4,276,016
PEC	Perpetual Res Ltd	0.016	-16%	376,783	$11,754,650
AS2	Askari Metals	0.14	-15%	172,878	$12,672,035
CVB	Curvebeam Ai Limited	0.3	-14%	80,029	$64,002,398
8IH	8I Holdings Ltd	0.012	-14%	43,500	$5,002,984
ADR	Adherium Ltd	0.003	-14%	3,363,016	$17,497,929
LRL	Labyrinth Resources	0.006	-14%	30,303	$8,312,806
MOH	Moho Resources	0.006	-14%	416,452	$2,380,311
MTL	Mantle Minerals Ltd	0.003	-14%	3,264,156	$21,516,060
PXX	Polarx Limited	0.006	-14%	599,999	$10,917,317