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

Today on Stockhead, Tim “Not a Doctor” Boreham delves into the paediatric pot-stock Neurotech, the oh-so-clever but sadly Freo-supporting Jess Cummins looks at micro-caps with major support, and the delightfully hamster-cheeked Christian Edwards has caught up with James Whelan.

But first…

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$2,323.50 (+0.07%)

Silver: US$29.60 (+0.18%)

Nickel (3mth): US$16,535/t (+4.17%)

Copper (3mth): US$9,680/t (-1.81%)

Zinc: US$2,860/t (+0.56%)

Oil (WTI): US$80.97 (+0.47%)

Oil (Brent): US$85.47 (+0.47%)

Iron 62pc Fe: US$106.96/t (-0.18%)

AUD/USD: 0.6643 (+0.03%)

Bitcoin: US$61,335.40 (-4.63%)

WHAT GOT YOU TALKING

All the PLS validation you needed:

#Lithium miner Pilbara Minerals is still a buy: Jarden analysts led by Ben Lyons. https://t.co/LQu9QSoDTt

— Stockhead (@StockheadAU) June 24, 2024

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	Name	Price	% Change	Volume	Market Cap
ENR	Encounter Resources	0.630	83%	12,684,148	$155,276,929
ICR	Intelicare Holdings	0.015	67%	5,506,977	$2,113,420
KPO	Kalina Power Limited	0.005	50%	9,926,863	$7,459,182
BFC	Beston Global Ltd	0.003	50%	4,440,159	$3,994,094
YPB	YPB Group Ltd	0.003	50%	333,333	$1,615,923
MOH	Moho Resources	0.005	43%	21,240,553	$1,887,124
BUR	Burleyminerals	0.140	43%	314,016	$14,736,353
RWD	Reward Minerals Ltd	0.033	38%	298,129	$5,468,475
AD1	AD1 Holdings Limited	0.008	33%	370,000	$5,391,890
MRQ	Mrg Metals Limited	0.004	33%	75,311,562	$7,575,356
PTR	Petratherm Ltd	0.020	25%	578,164	$3,596,018
NAG	Nagambie Resources	0.011	22%	363,636	$7,169,721
PPK	PPK Group Limited	0.470	21%	149,751	$34,642,330
AIV	Activex Limited	0.006	20%	818	$1,077,513
SFG	Seafarms Group Ltd	0.003	20%	3,209,377	$12,091,498
CLA	Celsius Resource Ltd	0.013	18%	23,747,986	$26,707,040
EQS	Equitystorygroupltd	0.026	18%	234,250	$2,397,856
WMG	Western Mines	0.405	17%	98,167	$26,223,858
MYR	Myer Holdings Ltd	0.755	17%	7,345,061	$536,527,951
AKN	Auking Mining Ltd	0.021	17%	333,728	$4,776,367
CZN	Corazon Ltd	0.007	17%	653,608	$3,693,587
ECT	Env Clean Tech Ltd.	0.004	17%	357,992	$9,515,431
EXL	Elixinol Wellness	0.004	17%	296,205	$3,963,547
IPB	IPB Petroleum Ltd	0.007	17%	1,694,317	$4,238,418

Niobium has had a close encounter with Encounter Resources (ASX:ENR).

ENR says it has drilled itself right into some yummy thick, high-grade A1 niobium at the (not Simon) Crean carbonatite thingy which is a part of the Aileron project in the sexy West Arunta region of West Grunter (Australia).

Highlights include 52m at 3% Nb2O5 from 81m to end of hole, including 16m at 6% Nb2O5.

The iron ore and lithium explorer Burley Minerals (ASX:BUR) has jumped on news veteran cap markets exeuctive Dan Bahen is joining the BUR Board as non-executive chairman.

Dan has a bunch of experience – over 23 years of capital markets, commercial and finance – including 22 years with Paterson Securities and then Canaccord Genuity.

And Reward Minerals (ASX:RWD) says that the International Preliminary Examining Authority has provided a positive Preliminary Report on the “Patentability” of its processing technology for recovery of Potassium Sulphate (K2SO4 or SOP) directly from concentrated seawater and other high-sulphate brines.

Finally, hats off to Myer (ASX:MYR) which is up about 17% to end a fine Monday.

Myer shares surged on the news it was exploring a merger with Apparel Brands – which boasts retail brands like Portmans, Dotti, Just Jeans and Jay Jays.

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	Name	Price	% Change	Volume	Market Cap
OAR	OAR Resources Ltd	0.001	-50%	176,524	$6,444,200
CTT	Cettire	1.155	-48%	24,360,012	$853,973,613
CCX	City Chic Collective	0.125	-40%	24,268,224	$58,130,770
BGE	Bridgesaaslimited	0.012	-40%	32,400	$2,387,941
1TT	Thrive Tribe Tech	0.003	-38%	21,668,576	$1,506,486
AUK	Aumake Limited	0.002	-33%	160,000	$5,743,220
LPD	Lepidico Ltd	0.002	-33%	1,725,086	$25,767,358
MTL	Mantle Minerals Ltd	0.002	-33%	697,920	$18,592,338
PRX	Prodigy Gold NL	0.002	-33%	20,106,000	$6,353,323
MTM	MTM Critical Metals	0.033	-27%	816,019	$12,649,808
DEL	Delorean Corporation	0.032	-26%	311,528	$9,275,999
CLZ	Classic Min Ltd	0.002	-25%	123,098,120	$1,102,057
EDE	Eden Inv Ltd	0.002	-25%	2,087,565	$7,356,542
ERL	Empire Resources	0.003	-25%	150,000	$5,935,653
FTC	Fintech Chain Ltd	0.006	-25%	8,047	$5,206,157
RIL	Redivium Limited	0.003	-25%	1,166,235	$10,923,419
VPR	Voltgroupltd	0.002	-25%	3,170	$21,432,416
BNL	Blue Star Helium Ltd	0.007	-22%	13,989,786	$17,480,388
AML	Aeon Metals Ltd.	0.006	-21%	2,282,334	$7,674,804
IMI	Infinitymining	0.015	-21%	135,593	$2,256,314
ADD	Adavale Resource Ltd	0.004	-20%	825,728	$5,201,327
BLZ	Blaze Minerals Ltd	0.004	-20%	1,284,275	$3,142,791
BUY	Bounty Oil & Gas NL	0.004	-20%	2,002,686	$7,492,505
CDT	Castle Minerals	0.004	-20%	349,455	$6,122,465

TRADING HALTS

Paladin Energy (ASX:PDN) – pending an announcement by the Company relating to a capital raising.

ANNND…

… Stockhead halts very briefly at about 3pm this afternoon, Launceston time, to say a teary-eyed, but immensely fond farewell to a true Stockhead legend – our esteemed editor Peter Farquhar, and the author of today’s Rise and Shine markets update. (The informative little thing you just read – above.)

Well played, Farkers. We salute you, and all the very best with your future endeavours.