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.

 

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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.

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.

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.