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

On Stockhead today, the ASX green hydrogen stocks still standing, ugly duckling stocks for a black swan event, and who wants to play with Toys’R’Us?

But first, the day ahead.

Local shares are set to open higher again on Tuesday, tracking the gains in New York. At 8am AEST, the ASX 200 Dec futures contract was pointing up by 0.40%.

TRADING HALTS

The following companies went into trading halts yesterday and are expected out in the next few days:

BBX Minerals (ASX:BBX) – mineral resource estimate

MGC Pharmaceuticals (ASX:MXC) – analysis of results from recent clinical trial

European Lithium (ASX:EUR) – proposed merger transaction

Skin Elements (ASX:SKN) – placement

WA1 Resources (ASX:WA1) – material exploration results

Ironbark Zinc (ASX:IBG) – capital raising

Tulla Resources (ASX:TUL) – capital raising

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1,649.67 (-0.42%)

Silver: $US19.22 (-0.93%)

Nickel (3mth): $US22,350/t (+1.83%)

Copper (3mth): $US7,572/t (-0.68%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, OCT 19): $US72,875/t (+111.6% year-to-date)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, OCT 19): $US71,900/t (+151.9% year-to-date)

Oil (WTI): $US84.83 (-0.25%)

Oil (Brent): $US91.38 (-0.13%)

Iron 62pc Fe: $US94.51 (-0.37%)

AUD/USD: 0.6308 (-1%)

Bitcoin: $US19,361.50 (-0.85%)

WHAT GOT YOU TALKING YESTERDAY?

Another record auction result from lithium giant Pilbara Minerals (ASX:PLS), this time ~$US8,000t – or $12,715/t Aussie — SC6 equivalent.

That’s a 2000% gain on average spodumene prices 24 months ago (~$US390/t). Amazing.

– Pilbara Minerals claims 6% equivalent US$8000/t spot spodumene sale
– Battery metals sector charges like one of those juiced up new iPhone lightning cables
– Resources investors in exuberant mood as speculation on lower rate rises emerges in the US: https://t.co/JVObtWHd6N pic.twitter.com/jqEoTTCPpp

— Stockhead (@StockheadAU) October 24, 2022

It could also mean lithium chemical producers are anticipating higher prices in order to stay profitable.

⁦@PilbaraMinerals⁩ latest auction: USD/MT-SC6 8,000
For a Chinese refiner to make a 10% margin, the stalling price in China would need to be USD/MT-LCE 80-85.
It LCE prices will be touching the 90s soon. pic.twitter.com/X1ZDaO8YTf

— Daniel Jimenez Sch (@D_Jimenez_Sch) October 24, 2022

Keep up to date with Stockhead coverage or you’ll miss gold like that EVERY DAY. 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 preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

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	Company	Price	%	Volume	Market Cap
ARE	Argonaut Resources	0.0015	50%	35,000,000	$5,428,538
CLE	Cyclone Metals	0.003	50%	21,322,278	$12,233,474
W2V	Way2Vatltd	0.036	44%	658,223	$4,446,105
IS3	I Synergy Group Ltd	0.043	34%	24,999	$8,976,286
NVX	Novonix Limited	2.95	33%	13,328,672	$1,075,562,588
KEY	KEY Petroleum	0.002	33%	528,857	$2,951,892
NZS	New Zealand Coastal	0.004	33%	515,860	$3,381,015
MKL	Mighty Kingdom Ltd	0.038	27%	1,580,577	$4,624,284
DVL	Dorsavi Ltd	0.015	25%	76,000	$5,220,075
RDN	Raiden Resources Ltd	0.01	25%	22,990,219	$13,059,537
CCZ	Castillo Copper Ltd	0.021	24%	6,241,516	$22,091,591
NWM	Norwest Minerals	0.033	22%	405,700	$5,996,899
KED	Keypath Education	1.095	22%	4,567	$193,029,895
CTT	Cettire	1.545	22%	2,790,003	$484,172,539
NES	Nelson Resources.	0.0085	21%	12,123,302	$2,060,080
TIG	Tigers Realm Coal	0.017	21%	2,875,680	$182,933,833
SGQ	St George Min Ltd	0.051	21%	6,876,244	$29,400,748
NMR	Native Mineral Res	0.145	21%	334,297	$6,036,807
HT8	Harris Technology Gl	0.018	20%	697,839	$4,474,432
SHH	Shree Minerals Ltd	0.009	20%	3,402,860	$9,288,652
ICE	Icetana Limited	0.06	20%	885,491	$9,966,421
AUK	Aumake Limited	0.006	20%	112,479	$3,857,235
MIO	Macarthur Minerals	0.155	19%	278,837	$21,534,953
AV1	Adveritas Ltd	0.095	19%	2,221,803	$35,608,680

Argonaut Resources’ (ASX:ARE) uranium spinout Orpheus Minerals is listing on the ASX via IPO and ARE shareholders are entitled to apply for a slice.

Ad software stock Adveritas (ASX:AV1) raised $3m through a placement at $0.10 per share, a 25% premium to the closing price of $0.08 on 21 October and a premium of 34% to the 15-day VWAP.

Native Mineral Resources (ASX:NMR) intersected ~9m of massive, semi massive and disseminated sulphides from 107m during the early stages of drilling a Maneater polymetallic target in North QLD.

Ongoing drilling at Castillo Copper’s (ASX:CCZ) Fence Gossan prospect is also hitting interesting dirt, which company geologists believe has potential for cobalt, copper-gold and REE mineralisation.

Wearable sensor tech company dorsaVi (ASX:DVL) and Medtronic have developed a new sensor application to assess movement quality for patients with spinal conditions.

And “global leader in automated VAT claim and return solutions” Way2VAT (ASX:W2V) signed on with a major new enterprise client, global fashion retailer Max Mara.

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	Company	Price	%	Volume	Market Cap
OXX	Octanex Ltd	0.011	-42%	547,813	$4,920,576
MEB	Medibio Limited	0.001	-33%	122,242	$4,980,891
DTI	DTI Group Ltd	0.016	-27%	78,823	$9,868,131
BTR	Brightstar Resources	0.015	-25%	1,518,881	$13,529,952
DEL	Delorean Corporation	0.085	-23%	1,120,301	$23,729,301
BCC	Beam Communications	0.19	-21%	338,597	$20,741,261
BFC	Beston Global Ltd	0.031	-21%	6,387,668	$33,862,969
CMD	Cassius Mining Ltd	0.028	-20%	844,955	$14,130,932
ICN	Icon Energy Limited	0.012	-20%	868,573	$11,520,205
FLX	Felix Group	0.12	-20%	13,660	$19,917,566
CT1	Constellation Tech	0.004	-20%	364,300	$7,356,002
M2M	Mt Malcolm Mines NL	0.061	-19%	401,855	$4,670,700
MGT	Magnetite Mines	0.0165	-18%	47,243,768	$75,835,491
ACU	Acumentis Group Ltd	0.095	-17%	42,500	$20,161,506
AGR	Aguia Res Ltd	0.05	-17%	6,313	$24,057,542
GLV	Global Oil & Gas	0.0025	-17%	854,917	$5,620,064
RIM	Rimfire Pacific	0.008	-16%	2,638,936	$17,159,325
FRM	Farm Pride Foods	0.11	-15%	90,487	$7,173,423
BPH	BPH Energy Ltd	0.0205	-15%	6,490,015	$20,713,529
ICR	Intelicare Holdings	0.03	-14%	187,984	$4,216,321
IEC	Intra Energy Corp	0.006	-14%	1,197,200	$4,240,471
VMC	Venus Metals Cor Ltd	0.12	-14%	28,973	$22,411,016
MM8	Medallion Metals.	0.155	-14%	65,373	$25,191,911
A3D	Aurora Labs Limited	0.033	-13%	525,093	$6,998,007
TSK	Task Group Holdings	0.275	-13%	2,865	$111,762,571