On Stockhead today, Why energy independence is such a wonderful thing, the commodities that won and lost in February, and it’s time to talk about the ‘s’ word — stagflation.

 

But first, the day ahead.

Local shares are set to open lower today. At 8am AEDT, the ASX 200 March futures is pointing down by 1.2%.

TRADING HALTS

The following companies are in Trading Halts and are expected out in the coming days.

Suvo Strategic Minerals (ASX:SUV) – capital raising

Brookside Energy (ASX:BRK) – acceleration of Flames Well drilling, funding facility

Metals Australia (ASX:MLS) – capital raising

Strike Energy (ASX:STX) – South Erregulla 1 well drilling results

Stanmore Resources (ASX:SMR) – capital raising

DRA Global (ASX-:DRA) – leadership changes

Ausgold (ASX:AUC) – capital raising

Celsius Resources (ASX:CLA) – capital raising

 

MARKETS

Gold: $US1,936.18 (+0.52%)

Silver: $US25.18 (-0.27%)

Oil (WTI): $US107.67 (-2.65%)

Oil (Brent): $US110.23 (-2.39%)

Aust Coking Coal (steelmaking): $471.0/t (+1.80%)

Newcastle Coal (thermal): $197/t (0.00%)

Iron 62pc Fe: $US151.11/t (+3.45%)

AUD/USD: $US0.7328(+0.5%)

Bitcoin: $US42,575 (-3.70%)

 

WHAT GOT YOU TALKING YESTERDAY?

Sitting and watching the world burn has never been so profitable for coal miners.

 

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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).

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Industrious junior explorer Lodestar Minerals (ASX:LSR) is hoping to confirm the presence of a “compelling” 2km-long lithium soil anomaly at ‘Coolgardie West’ project in WA.

Frontier Energy (ASX:FHE) – formerly Superior Lake Resources — rejoined the ASX boards following a $8m capital raise, which will be used to fund a large-scale solar energy project south of Perth.

Hot Chili (ASX:HCH) announced a mega eight-year offtake deal with global commodities giant Glencore — which is also its largest shareholder — for future copper concentrate production from the company’s Costa Fuego copper-gold project in Chile.

And Spain based explorer Black Dragon Gold (ASX:BDG) has appointed a new CEO from the existing exec team, Gabriel Chiappini. Chiappini has experience raising cash for companies like Black Rock Mining (ASX:BKT), Invictus Energy (ASX:IVZ) and Ioneer (ASX:INR).

 

YESTERDAY’S BIGGEST SMALL CAP LOSERS

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

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