Good morning everyone, and welcome to Monday, 4 December – a date of great importance to Australian cricket, as it was on this day in 1947 that the first test played between Australia and India wrapped up in Brisbane.

It was quite a tumultuous time for India, with the country newly-released from the shackles of colonial rule, thanks to decades of non-violent method acting by Ben Kingsley.

As part of the celebrations of its newfound statehood, India sent a team of cricketers all the way to Australia, to be comprehensively pantsed in the Great English Tradition, by a plucky young batting phenom by the name of Bradman, and his rag-tag team of cricketing wunderkinds that would eventually earn themselves the nickname The Invincibles.

Interestingly, the visiting team sported its own big name, known to his friends as Vinoo and the rest of the planet as Mulvantrai Himmatlal Mankad.

Yep… that Mankad – the fella who popularised one of the most despised tactics in the modern game, unless it’s a tactic being employed by an Australian cricketer, in which case it’s apparently perfectly fine and everyone who’s complaining is being a snowflake.

The match in 1947 proved to be an ignominious affair for the tourists, who were – to put it gently – comprehensively spanked.

The Aussies put together a solid 1st innings total, declaring at 382/8, presumably to allow the Indian bowlers an opportunity to stop for a breather.

In reply, the visitors took to the crease and choked like a rock star in a Double Bay hotel to post a 1st innings total of 58 in 92 minutes of play. Forced to follow on, the Indian team were sent straight back into batting again, lasted 100 minutes longer to post a 2nd innings of 98.

Bradman, by comparison, banked 185 runs on his own, and probably barely even broke a sweat while he did it.

The lesson here is fairly easy to digest – if you’re good at something, then give it everything you’ve got, all the time. Just like the journo squad here at Stockhead, who apparently can’t stop churning out the top-shelf info you’re gonna want to know before the moneyfight that is Monday on the bourse kicks off in earnest.

That includes a stack of market wraps to get you up to speed after the month that is even now retreating into the rear-view mirror of history – 100% worth checking them out to really take the market’s temperature before you start putting your money on the table today.

Plus, as always, here’s all the fiddly data and digits to get you up to speed this morning as well.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$2,071.25 (+1.68%)

Silver: US$25.44 (+0.51%)

Nickel (3mth): US$16,652.50/t (+1.96%)

Copper (3mth): US$8,455.55/t (+1.49%)

Oil (WTI): US$74.38 (-01.64%)

Oil (Brent): US$75.96 (-3.96%)

Iron 62pc Fe: US$130.46/t (+0.28%)

AUD/USD: 0.6672 (+0.94%)

Bitcoin: US$38,754.50 (-0.29%)

 

WHAT GOT YOU TALKING

With the latest from Stockhead’s international money man of mystery, The Secret Broker, on the table, it’s little wonder everyone’s feeling a little hot under the collar.

 

 

FRIDAY’S ASX SMALL CAP LEADERS

Here are the best performing ASX small cap stocks:

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Friday’s Small Caps highlights were:

Hubify (ASX:HFY) gained about 40% on Friday after mopping up some shares, alongside fellow 40%er Mitre Mining (ASX:MMC) which grabbed itself the high grade Cerro Bayo silver and gold project in Chile.

Cerro Bayo was operating as recently as October last year, placed onto care and maintenance after 15 years, 45Moz of silver and 650,000oz of gold production.

But it still has 3.82Mt of ore at a grade of 206g/t for some 24.7Moz of silver equivalent and a string of high grade hits outside its resource including a heroic 5.5m at 868g/t Ag and 23.5g/t Au.]

Another digger up an even third on Friday  was Perpetual Resources (ASX:PEC).

According to resident rock genius, Our Josh Chiat, the $7.5 million capped Perpetual has made its second visit to the Itinga prospect in the lithium valley region for Brazil’s Minas Gerais state.

Josh says PEC is prepping investors for imminent rock chip assay results, with geochemical sampling and in field XRF analysis also due to begin soon after a first field trip over a month ago.

The ground is located around 15km from major lithium projects including those held by TSX-listed Brazilian lithium giant Sigma Lithium.

And Dalaroo Metals (ASX:DAL) has picked up $500,000 in cash and $500,000 in shares on Delta Lithium’s (ASX:DLI) tightly held register after inking a deal to sell the lithium, caesium and tantalum rights at its Lyons River project in WA’s emerging Gascoyne province.

That’s where the $3.3 million market capped DAL’s been focused on finding more of the high grade gold it’s struck at Goodbody just a few clicks down the road from DLI’s Yinnetharra discovery.

 

FRIDAY’S ASX SMALL CAP LAGGARDS

Here are the worst performing ASX small cap stocks:

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TRADING HALTS

Compumedics (ASX:CMP) – Pending an announcement regarding correspondece from the FDA regarding its Somfit sleep product.