On Stockhead today, now there’s only a bloody sunflower oil shortage, and how to Build Your Own Rare Earths Portfolio.

But first, the day ahead.

Today, Commonwealth Bank’s Household Spending Intentions index for May is issued alongside the Australian Bureau of Statistics (ABS) Household Spending Indicator (April) and Total Value of Dwellings report for the March quarter.

Also on Tuesday, NAB issues its May business survey featuring updates on confidence and conditions.

“Business conditions hit a 10-month high in April, but confidence dipped ahead of the federal election,” CommSec says.

“Business also reported record labour and purchase costs in April with price pressures in focus.”

 

WHO’S SCHEDULED TO LIST ON THE ASX?

KINGSLAND MINERALS (ASX:KNG)

Listing: 11am AEST

Raised: $4.7m at 20c per share

The explorer has four projects across the NT — ‘Allamber’ (uranium and copper), ‘Shoobridge’ (uranium and gold), ‘Woolgni’ (gold) and ‘Mt Davis’ (copper and gold).

KNG also has the ‘Lake Johnston’ nickel and cobalt project in WA, 36km from the Emily Ann and Maggie Hays nickel deposits and Lake Johnston concentrator owned by Poseidon Nickel (ASX:POS).

 

TRADING HALTS

The following companies are in trading halts and are expected resume trading in the coming days.

Orion Minerals Ltd (ASX:ORN) – capital raising

Medallion Metals (ASX:MM8) – mineral resource update for the Ravensthorpe gold project

92 Energy (ASX:92E) – capital raising

Tesoro Resources (ASX:TSO) – capital raising

 

MARKETS

Gold: $US1,864.00 (-6.8%)

Silver: $US21.625 (-0.24%)

Nickel (3mth): $US29,481/t (+3.26%)

Copper (3mth): $US9,699/t (+2.33%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, June 8): $US69,750/t (0.4% weekly)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, June 8): $US70,875/t (0.0% weekly)

Oil (WTI): $118.7 (-1.99%)

Oil (Brent): $US120.01 (-1.97%)

Iron 62pc Fe: $US141.50 (-3.50%)

AUD/USD: $US0.70278 (-0.2%)

Bitcoin: $US25,367.26 (-13.08%)

 

WHAT GOT YOU TALKING OVER THE WEKEND?

Is Celsius about to become the next Luna?

Crypto bank Celsius Network has paused withdrawals, swaps, and transfers between accounts in a move that sparked a 60% tumble in the firm’s token to as low as 15.5 cents.

Celsius allowed users to deposit their Bitcoin, Ethereum and Tether and receive weekly interest payments. Celsius says 1.7 million people (used to) call “Celsius their home for crypto.”

To keep up to date with Stockhead coverage, follow our Twitter page.

For all you crypto lovers Stockhead’s Coinhead Facebook group is the place to share your views, insights, tips and ideas.

Also, be sure to check in at 10.20am each day for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

 

LAST WEEK’S BIGGEST SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for June 5 – June 10:

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

Code Company Price % Volume
CCE Carnegie Cln Energy 0.002 100% 2,543,789
ANL Amani Gold Ltd 0.0015 50% 2,337,462
PLG Pearlgullironlimited 0.05 39% 8,214,784
ARO Astro Resources NL 0.004 33% 3,840,935
ZMM Zimi Ltd 0.13 30% 135,804
MGG Mogul Games Grp Ltd 0.0025 25% 6,931,116
VPR Volt Power Group 0.0025 25% 2,000,000
SGQ St George Min Ltd 0.042 24% 5,883,040
ILA Island Pharma 0.185 23% 48,549
AHN Athena Resources 0.029 21% 97,641,465
MOZ Mosaic Brands Ltd 0.24 20% 2,964,318
AXP AXP Energy Ltd 0.006 20% 11,241,133
CT1 Constellation Tech 0.007 17% 998,004
GTG Genetic Technologies 0.0035 17% 529,622
SPA Spacetalk Ltd 0.064 16% 266,693
1AG Alterra Limited 0.015 15% 593,542
SXG Southern Cross Gold 0.575 15% 3,583,893
ADR Adherium Ltd 0.008 14% 1,059,485
ADS Adslot Ltd. 0.016 14% 142,405
DDT DataDot Technology 0.008 14% 106,880
JTL Jayex Technology Ltd 0.008 14% 102,563
GLA Gladiator Resources 0.025 14% 4,455,715
NOR Norwood Systems Ltd. 0.017 13% 361,210
RAC Race Oncology Ltd 1.905 13% 502,071
RMY RMA Global 0.135 13% 39,991
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Tiny iron ore explorer Pearl Gull Iron (ASX:PLG) was up ~130% on no official news, driven by some outsized gains – on outsized volumes — over the last two days of the week.

PLG said ‘we don’t know why this is happening’ in response to a speeding ticket delivered from the ASX.

However, there is a resource due out this quarter on the flagship Cockatoo Island ‘Switch Pit’, where the company has been drilling into thick, high grade iron ore like ~57m grading 68.9% fe from ~80m.

 

LAST WEEK’S BIGGEST SMALL CAP LOSERS

Here are the best performing ASX small cap stocks for June 5 – June 10:

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

Code Company Last % Volume
ROC Rocketboots 0.1 -41% 3,162,052
FTC Fintech Chain Ltd 0.019 -27% 143,951
BBX BBX Minerals Ltd 0.12 -23% 142,332
1ST 1St Group Ltd 0.007 -22% 3,304,085
BPP Babylon Pump & Power 0.007 -22% 2,276,678
DTR Dateline Resources 0.115 -22% 2,463,555
ACU Acumentis Group Ltd 0.1 -20% 656,069
GLV Global Oil & Gas 0.004 -20% 25,729,138
SIH Sihayo Gold Limited 0.002 -20% 20,007,073
ODM Odin Metals Limited 0.017 -19% 1,669,479
WNR Wingara Ag Ltd 0.045 -18% 43,710
SER Strategic Energy 0.025 -17% 10,000
WRK Wrkr Ltd 0.016 -16% 296,417
CDT Castle Minerals 0.027 -16% 5,840,308
HMG Hamelingoldlimited 0.11 -15% 287,674
IGN Ignite Ltd 0.11 -15% 38,770
LNU Linius Tech Limited 0.0055 -15% 4,247,089
NAG Nagambie Resources 0.045 -15% 39,662
OPL Opyl Limited 0.051 -15% 84,607
BEX Bikeexchange Ltd 0.017 -15% 537,959
SUH Southern Hem Min 0.017 -15% 350,390
SMS Starmineralslimited 0.115 -15% 265,000
ARN Aldoro Resources 0.175 -15% 625,748
SOM SomnoMed Limited 1.24 -14% 14,406
RLC Reedy Lagoon Corp. 0.018 -14% 2,204,233
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