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

Good morning everyone, and welcome to Monday 18 December.

This morning, Emma Davies has an eye-opening report on what’s happening in the world of uranium, Christian Edwards takes a look at what’s coming up in the week ahead, and you’ll find all the usual digits and data to get your motor rumbling before the market opens today, down below.

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$2,019.60 (-0.78%)

Silver: US$23,86 (-1.15%)

Nickel (3mth): US$16,762.00/t (+3.20%)

Copper (3mth): US$8,370.60/t (+0.11%)

Oil (WTI): US$71.79 (+0.22%)

Oil (Brent): US$76.95(+0.46%)

Iron 62pc Fe: US$135.08/t (-0.10%)

AUD/USD: 0.6699 (-0.45%)

Bitcoin: US$41,828.20 (-0.90%)

WHAT GOT YOU TALKING

If you missed any of the action last week, here’s an at-a-glance guide to what went down.

ASX Small Caps and IPO Weekly Wrap: That was a weird old week, but it’s ended with the benchmark stacking on a ball-tearing 3.76% with a 5-day run of good fortune. https://t.co/IJ7WvYNiOc

— Stockhead (@StockheadAU) December 15, 2023

FRIDAY’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
T3D	333D Limited	0.008	60%	2,310,999	$597,225
JAV	Javelin Minerals Ltd	0.003	50%	5,177,549	$2,176,340
CF1	Complii Fintech Ltd	0.028	40%	246,514	$11,358,410
AD1	AD1 Holdings Limited	0.008	33%	832,217	$5,153,550
DCX	Discovex Res Ltd	0.002	33%	2,545,020	$4,953,852
KPO	Kalina Power Limited	0.004	33%	1,462,553	$6,630,384
M4M	Macro Metals Limited	0.004	33%	579,784	$7,401,233
RML	Resolution Minerals	0.004	33%	5,050,000	$3,771,875
TKL	Traka Resources	0.004	33%	200,664	$2,625,988
BFC	Beston Global Ltd	0.009	29%	1,197,940	$13,979,328
MEL	Metgasco Ltd	0.009	29%	328,166	$7,447,207
FRX	Flexiroam Limited	0.028	27%	318,999	$14,533,358
NXS	Next Science Limited	0.27	26%	1,397,870	$62,714,447
EWC	Energy World Corpor.	0.025	25%	1,977,991	$61,578,425
DOU	Douugh Limited	0.005	25%	99,400	$4,328,276
GMN	Gold Mountain Ltd	0.005	25%	4,681,608	$9,076,314
VFX	Visionflex Group Ltd	0.01	25%	2,361,792	$11,335,930
CXU	Cauldron Energy Ltd	0.026	24%	8,941,792	$23,775,848
GUE	Global Uranium	0.11	21%	2,869,387	$19,140,577
ZMI	Zinc of Ireland NL	0.018	20%	10,000	$3,197,164
NWF	Newfield Resources	0.12	20%	15,000	$90,322,242
RHY	Rhythm Biosciences	0.18	20%	377,818	$33,171,388
1MC	Morella Corporation	0.006	20%	234,936	$30,893,997
BPH	BPH Energy Ltd	0.048	20%	10,060,321	$41,037,078
ECT	Env Clean Tech Ltd.	0.006	20%	833,394	$14,321,552

Friday’s Small Caps highlights were:

The Small Caps market was in a rather vague mood on Friday, with a number of the chart leaders at various stages of the day occupying senior positions without fresh news to explain why they were there.

That includes Complii Fintech Solutions (ASX:CF1), which soared 40% post-lunch, with the only recent news to the ASX being the disbursement of performance-related shares to three directors, totalling 26 million shares (about $640,000 worth when issued) a few days prior.

Similarly, Next Science (ASX:NXS) took off after lunch, racing through a 28% gain with a near-tenfold increase in trading volume over the four-week average, again on no fresh news.

Cauldron Energy (ASX:CXU) enjoyed a solid 24% boost in trading price on friday afternoon, with its most recent announcement already two days old – a scoping study from Cauldron’s Bennet Well uranium deposit, part of the company’s Yanrey Uranium Project which encompasses a total area of 1,270km2 about 100km south of the town of Onslow in Western Australia.

Cauldron says that Bennett Well is home to a JORC compliant 30.9 million pounds (about 14,000t) of contained uranium oxide, Indicated plus Inferred Mineral Resource of 38.9 million tonnes grading 360ppm eU3O8.

Microcapper Javelin Minerals (ASX:JAV), was showing a 50% bump according to the steady stream of data pouring out of the ASX computers.

The last piece of information coming directly from Javelin was an entitlement offer prospectus which arrived with very little fanfare from the company on Tuesday, casually announcing that the company is offering a cheeky 1,000,000,000 new shares (and an equally enormous number of attaching options) to existing shareholders at $0.001 a pop.

Both Icon Energy (ASX:ICN) and Resolution Minerals (ASX:RML) posted sizeable percentage gains Friday, in the absence of any market-shifting news.

Global Uranium (ASX:GUE) is up more than 26%, proving that the company name is something of a misnomer as the win has come via news that the company’s exploration licence for the Enmore gold project in New South Wales has been extended for six years.

If the name is unfamiliar to you, you’re not alone – it was recently rebadged from Okapi Resources (ASX:OKR) .

And Gold Mountain (ASX:GMN) climbed, most likely on the back of two announcements to the market yesterday.

The first was a company update, outlining where things are at with Gold Mountain’s activities in Brazil, where it has secured 57 tenements at the application stage in the Jequié Block of the Sao Francisco craton, cheek-by-jowl with Brazilian Rare Earths.

The company also announced it had discovered anomalous lithium concentrations within stream sediment samples at its Juremal project, which is also in Brazil.

FRIDAY’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
MRQ	Mrg Metals Limited	0.002	-33%	12,326,996	$6,617,756
SIT	Site Group Int Ltd	0.002	-33%	655,555	$7,807,471
HMD	Heramed Limited	0.022	-27%	475,197	$8,385,426
FHS	Freehill Mining Ltd.	0.003	-25%	2,141,986	$11,399,338
PNX	PNX Metals Limited	0.003	-25%	90,491	$21,522,499
T88	Taitonresources	0.1	-23%	363,487	$6,990,691
IVZ	Invictus Energy Ltd	0.16	-22%	36,929,273	$264,647,124
RNO	Rhinomed Ltd	0.02	-20%	1,504,109	$7,142,992
88E	88 Energy Ltd	0.004	-20%	14,714,755	$123,204,013
AXN	Alliance Nickel Ltd	0.039	-17%	2,277,045	$34,114,462
AAJ	Aruma Resources Ltd	0.025	-17%	1,227,053	$5,906,745
AMD	Arrow Minerals	0.0025	-17%	15,456,376	$9,071,295
ROG	Red Sky Energy.	0.005	-17%	7,290,728	$31,813,363
PGM	Platina Resources	0.021	-16%	841,600	$15,579,508
ZNC	Zenith Minerals Ltd	0.14	-15%	14,200	$58,142,846
GLA	Gladiator Resources	0.017	-15%	65,000	$11,815,937
TSI	Top Shelf	0.17	-15%	55,028	$41,495,172
SHP	South Harz Potash	0.024	-14%	1,920,839	$20,296,567
5EA	5Eadvanced	0.215	-14%	466,682	$76,915,043
CZN	Corazon Ltd	0.014	-13%	339,366	$9,849,566
GES	Genesis Resources	0.007	-13%	22,530	$6,262,730
H2G	Greenhy2 Limited	0.007	-13%	266,075	$3,350,047
NES	Nelson Resources.	0.0035	-13%	124,169	$2,454,377
WBE	Whitebark Energy	0.021	-13%	61,202	$3,929,811
LLO	Lion One Metals Ltd	0.96	-12%	45,040	$16,473,973