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

On Stockhead today…the 50 small cap miners that made history in 2021, 5 ETF trades for 2022 with Betashares’ David Bassanese, and forget the reopening trade — it’s structural growth stocks that are paying off now.

But first, the day ahead.

There’s eight days left in 2021 which means there’s still enough time for a s**t tonne of IPOs to hit the boards in this wild, magical unicorn of a year for junior capital raisings.

Boy is this an interesting one, Black Mountain Energy (ASX:BME), a gang looking to get fracking at its Valhalla project in WA’s Canning Basin will list at 1pm AEDT.

The moratorium on the practice was lifted in WA back in November 2018 after a scientific inquiry.

BME says the advantage of its Valhalla project, which has a best estimate prospective gas resource of 11,805 Bcf is the lower levels of CO2 it would produce compared to conventional gas.

Black Mountain is connected to the US Black Mountain stable which owns shale and frac sand operations in the States and the Lanfranchi nickel mine and a stake in Poseidon Nickel (ASX:POS) through its Perth business Black Mountain Metals.

An hour later at 2pm AEDT the more conventional copper, nickel, PGE and zinc explorer Rubix Resources (ASX:RB6) will list. They have traditional mining exploration projects in Queensland and WA to explore.

TRADING HALTS

Thursday

Nova Minerals (ASX:NVA) – resource upgrade
Aston Minerals (ASX:ASO) – exploration results
Carnaby Resources (ASX:CNB) – re-release of announcement
Scout Security (ASX:SCT) – convertible note

Friday

Link (ASX:LNK) – M&A deal

MARKETS (updated at 7.30am AEDT)

Gold: $US1,803.73 ($2,499.56) (+0.85%)

Silver: $US22.82 ($31.62) (+1.45%)

Oil (WTI): $US72.82 (+2.39%)

Oil (Brent): $US75.38 (+1.89%)

Coal: $US169.00 (+0.51%)

Iron 62pc Fe: $US122.00 (+3.39%)

AUD/USD: $US0.7216 (+0.90%)

Bitcoin: $US48,959.66 ($67,846.88) (+0.91%)

WHAT GOT YOU TALKING YESTERDAY?

Rio Tinto (ASX:RIO) wants to use direct lithium extraction to produce lithium from its new Argentina brine project without evaporation ponds. That has fellow DLE evangelist Lake Resources (ASX:LKE) very interested.

“Excitement about [direct #lithium extraction] and the rising force of the market for the battery metal has underpinned ASX-listed Lake Resources (ASX:LKE) into market darling status this year” https://t.co/DlW6sKC3vB via @StockheadAU $LKE $LLKKF #ASX #EV #ESG #cleanenergy

— @lake_resources (@lake_resources) December 22, 2021

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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.

YESTERDAY’S BIGGEST SMALL CAP WINNERS

(Stocks highlighted in yellow rose after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

Code	Company	Price	%	Volume
WOO	Wooboard Tech Ltd	0.002	100	250205
BAS	Bass Oil Ltd	0.002	50	750000
CCE	Carnegie Cln Energy	0.0015	50	3654
CGB	Cann Global Limited	0.003	50	3534605
CNB	Carnaby Resource Ltd	0.003	41	6417947
ALT	Analytica Limited	0.62	33	590050
OEX	Oilex Ltd	0.002	33	3074635
APV	Appsvill	0.004	27	1975456
WEL	Winchester Energy	0.042	27	2917937
SBR	Sabre Resources	0.014	25	100000
ATA	Atturralimited	0.005	24	9268272
AT1	Atomo Diagnostics	0.62	23	5382390
MEG	Megado	0.215	20	32640
DCX	Discovex Res Ltd	0.12	20	32659113
ROO	Roots Sustainable	0.006	20	97900
AKM	Aspire Mining Ltd	0.006	17	200000
BKY	Berkeley Energia Ltd	0.084	17	307099
RC1	Redcastle Resources	0.21	17	12448232
DDD	3D Resources Limited	0.021	17	5200000
WGR	Westerngoldresources	0.0035	15	40713
LNK	Link Admin Hldg	0.15	15	12891612
BUD	Buddy Tech	5.51	15	4342731
AYM	Australia United Min	0.0115	14	202885

Penny tech stock AppsVillage (ASX:APV) told shareholders it received conditional approval to list on the TSX Venture Exchange in Canada and had obtained CA$2.9 million in financing.

In the energy sector, Winchester Energy (ASX:WEL) reported achieving US$996,507 ($1.4 million) in gross gas revenue accruals for the month of November.

One stock that rose without its own news was Atomo Diagnostics (ASX:AT1), which is one of the few companies selling rapid COVID test kits in Australia – a commodity in hot demand at the moment.

YESTERDAY’S BIGGEST SMALL CAP LOSERS

(Stocks highlighted in yellow fell after making announcements during the trading day.)

Scroll or swipe to reveal table. Click headings to sort.

Code	Company	Price	%	Volume
FAL	Falconmetalsltd	0.315	-37	15067043
STP	Step One Limited	1.53	-35	7426886
ANL	Amani Gold Ltd	0.001	-33	13801131
YPB	YPB Group Ltd	0.002	-33	1666666
DMM	Dmcmininglimited	0.135	-33	1324925
MLS	Metals Australia	0.0015	-25	2335032
VMG	VDM Group Limited	0.0015	-25	525261
VBC	Verbrec Limited	0.12	-20	91264
MCT	Metalicity Limited	0.008	-20	7001661
RBR	RBR Group Ltd	0.004	-20	3212899
VKA	Viking Mines Ltd	0.014	-18	4666223
AQC	Auspaccoal Ltd	0.125	-17	13223
VPR	Volt Power Group	0.0025	-17	172722
KLL	Kalium Lakes Ltd	0.13	-16	24280240
IMI	Infinitymining	0.17	-15	1349174
GMN	Gold Mountain Ltd	0.012	-14	3622726
ZMM	Zimi Ltd	0.012	-14	4956
HIO	Hawsons Iron Ltd	0.135	-13	62789610
AXI	Axiom Properties	0.069	-13	8088
AEV	Avenira Limited	0.014	-13	10655999
RNX	Renegade Exploration	0.007	-13	200000
TEM	Tempest Minerals	0.021	-13	394523
RMX	Red Mount Min Ltd	0.008	-11	1391476

Step One (ASX:STP) fell after telling shareholders it had identified a possible overclaim of GST credits on an Australian supply made by a foreign corporation which was not previously identified and it would have a $1.6 million impact pre-tax.

Potash aspirant Kalium Lakes (ASX:KLL) dropped after a shareholder update in which it revealed potassium salts harvested this year would be lower than initially targeted.