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

Good morning.

On Stockhead today, the 3c stock with a stronghold on one of the potentially most critical, enabling technologies on the planet, who got dumped in the ASX rebalances, and Part II of Michael Washbourne’s Women in Mining series.

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$2,114.17 (+1.48%)

Silver: US$23.89 (+3.19%)

Nickel (3mth): US$17,662/t (-1.31%)

Copper (3mth): US$8,503.50/t (+0.12%)

Oil (WTI): US$78.71 (-1.58%)

Oil (Brent): US$82.83 (+0.11%)

Iron 62pc Fe: US$124.86/t (-0.86%)

AUD/USD: 0.6510 (-0.20%)

Bitcoin: US$67,750 (+7.75%)

WHAT GOT YOU TALKING

It’s not often you get to pull more funding than your own entire market cap:

Among today's #resources Top 4: Koonenberry Gold (#ASX:$KNB) pulls in $2.35m worth of funding. https://t.co/8BzK4rw5PN

— Stockhead (@StockheadAU) March 4, 2024

ASX SMALL CAP LEADERS

Monday’s best performing small cap stocks:

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

Code	Name	Price	% Change	Volume	Market Cap
DCX	Discovex Res Ltd	0.20	100.00	344,963	$3,302,568
WHK	Whitehawk Limited	5.70	78.13	64,044,214	$10,818,263
NVQ	Noviqtech Limited	0.50	66.67	120,287,519	$3,928,336
KNB	Koonenberrygold	2.30	53.33	213,298	$1,796,236
CNJ	Conico Ltd	0.30	50.00	1,292,854	$3,140,190
TTM	Titan Minerals	3.00	36.36	6,022,069	$37,308,618
WA8	Warriedarresourltd	3.80	35.71	677,988	$14,921,824
SUH	Southern Hem Min	4.70	34.29	252,333	$20,668,402
IS3	I Synergy Group Ltd	0.80	33.33	1,132,980	$1,824,482
PKO	Peako Limited	0.40	33.33	1,458,333	$1,581,254
VML	Vital Metals Limited	0.40	33.33	17,708,918	$17,685,201
FAL	Falconmetalsltd	16.00	33.33	1,211,906	$21,240,000
GNX	Genex Power Ltd	24.50	32.43	13,339,931	$256,257,771
MMM	Marley Spoon Se	3.80	26.67	101,105	$3,531,732
AVM	Advance Metals Ltd	3.90	25.81	70,000	$1,242,634
MEK	Meeka Metals Limited	3.50	25.00	211,840	$34,571,850
POS	Poseidon Nick Ltd	0.75	25.00	21,152,365	$22,281,209
GES	Genesis Resources	0.50	25.00	152	$3,131,365
IVX	Invion Ltd	0.50	25.00	1,510,582	$25,698,129
NAE	New Age Exploration	0.50	25.00	600,000	$7,175,596
RDS	Redstone Resources	0.50	25.00	375,000	$3,701,514
TMR	Tempus Resources Ltd	0.50	25.00	2,479,335	$2,923,995
QUE	Queste Communication	5.50	25.00	4,700	$1,191,183
PFE	Panteraminerals	5.60	24.44	4,162,448	$6,688,015
CCA	Change Financial Ltd	6.90	23.21	241,441	$35,149,038

Yep, it was Koonenberry Gold (ASX:KNB) wowing with news of a capital raise led by cornerstone investor Lion Selection Group.

KNB will raise $2.35 million to advance exploration of its Bellagio and Atlantis Projects, including high impact drilling programs planned with “exciting” gold and copper targets.

Cybersecurity stock WhiteHawk (ASX:WHK) jumped 60% today and several hundred per cent last week, on the back of its AI strategy announcement last week.

Queensland renewable energy company Genex Power (ASX:GNX) announced that it has received an indicative bid proposal from Japan’s Electric Power Development, J-Power, valuing its equity at ~$380m or 27.5c a share.

Calix (ASX:CXL) soared after announcing that the Leilac-2 (Low Emissions Intensity Lime And Cement) project will be hosted at Heidelberg Materials’ (FWB: HEI) cement plant in Ennigerloh, Germany. The selection of Ennigerloh as the project’s host plant is the result of a thorough site assessment process that followed Heidelberg Materials’ decision to end clinker production in Hanover, Germany.

FireFly Metals (ASX:FFM) announced more wide high-grade copper-gold intersections from its drilling program at the Green Bay project in Canada. Results include: 18.0m at 3.3% CuEq within a broader copper zone of 41.1m at 2.3% CuEq, and 18.8m at 3.5% CuEq within a broader copper zone of 47.1m at 2.4% CuEq.

ASX SMALL CAP LAGGARDS

Monday’s best performing small cap stocks:

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

Code	Name	Price	% Change	Volume	Market Cap
1AG	Alterra Limited	0.30	-50.00	1,528,395	$5,224,144
BP8	Bph Global Ltd	0.10	-50.00	754,953	$3,908,232
TD1	Tali Digital Limited	0.10	-33.33	2,810,000	$4,942,733
AQI	Alicanto Min Ltd	2.90	-25.64	186,814	$23,998,135
AVE	Avecho Biotech Ltd	0.30	-25.00	370,000	$12,677,188
CTN	Catalina Resources	0.30	-25.00	26,188	$4,953,948
HLX	Helix Resources	0.30	-25.00	300,462	$9,292,583
EDE	Eden Inv Ltd	0.20	-20.00	4,431,225	$9,195,678
IEC	Intra Energy Corp	0.20	-20.00	11,379,497	$4,226,954
KPO	Kalina Power Limited	0.40	-20.00	500,000	$11,050,640
PUA	Peak Minerals Ltd	0.20	-20.00	100,000	$2,603,442
ROG	Red Sky Energy.	0.40	-20.00	2,599,992	$27,111,136
SRH	Saferoads Holdings	6.50	-18.75	864	$3,496,432
ESK	Etherstack PLC	23.00	-17.86	76,930	$36,956,361
FSG	Field Solu Hldgs Ltd	2.90	-17.14	683,683	$26,730,956
ACE	Acusensus Limited	65.00	-16.67	905,262	$98,591,981
88E	88 Energy Ltd	0.50	-16.67	18,865,911	$150,744,375
EMT	Emetals Limited	0.50	-16.67	3,000	$5,100,000
ID8	Identitii Limited	1.00	-16.67	2,486,109	$5,162,856
PAT	Patriot Lithium	6.50	-16.67	413,582	$5,430,136
AGY	Argosy Minerals Ltd	13.50	-15.63	6,746,496	$224,705,200
PFT	Pure Foods Tas Ltd	6.50	-14.47	59,866	$8,382,398
ABE	Ausbondexchange	1.80	-14.29	60,378	$2,366,030
ADY	Admiralty Resources.	0.60	-14.29	5,385	$9,125,054
FGL	Frugl Group Limited	0.60	-14.29	900,331	$10,371,817

Articore Group (ASX:ATG) fell -10% after the Federal Court of Australia has reduced damages initially awarded to ATG in a case initiated by Hells Angels Motorcycle, regarding Hells Angels-related material uploaded by third-party sellers to the Redbubble (now ATG) marketplace. The trademark damages have been reduced from $78,000 to just $100.