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

On Stockhead today, It’s hump day for many people. For many others it’s just yellow bin day.

*It’s a yellow bin. There is no metaphor here. Via Getty*

To get you through, we’ve got the very learned Peter Strachan telling you why energy storage needs to go way beyond lithium-ion, Jessica Caummins telling you why you should care about dysprosium, and Gregor Stronach reliving his crowd-sourced funding failures.

But first, to the day ahead.

TRADING HALTS

These companies went into trading halts on Tuesday and are due out in the coming days:

Atomo Diagnostics (ASX:AT1) – Capital raising.

Beacon Minerals (ASX:BCN) – Update on the status of the Lady Ida Project acquisition “following feedback received from ASX”.

American West Metals (ASX:AW1) – Capital raising.

Medallion Metals (ASX:MM8) – Capital raising.

Way2Vat (ASX:W2V) – Announcement in relation to an increase in the recently completed capital raising.

Carnavale Resources (ASX:CAV) – Capital raising.

Optima Technology Group (ASX:OPA) – Update on the Company’s financial arrangements.

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1931.38 (+0.33%)

Silver: $US23.11 (+0.00%)

Nickel (3mth): $US20,675/t (-1.61%)

Copper (3mth): $US8,337.50/t (-0.42%)

Oil (WTI): $US74.82 (+2.5%)

Oil (Brent): $US79.32 (+2.1%)

Iron 62pc Fe: $US109.34/t (+0.12%)

AUD/USD: 0.6686 (+0.0%)

Bitcoin: $US30,525 (-0.60%)

WHAT GOT YOU TALKING?

Recent results from Leeuwin Metals’ maiden drilling program at William Lake, within the world-class Thompson nickel belt, suggests the company is onto a project winner of immense scale. https://t.co/mhkxfG0HFC #ad #ASX $LM1 @LeeuwinMetals

— Stockhead (@StockheadAU) July 11, 2023

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.

WEDNESDAY’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
MOB	Mobilicom Ltd	0.02	150%	62,002,069	$10,613,414
WWI	West Wits Mining Ltd	0.02	67%	21,398,167	$26,916,207
CCE	Carnegie Cln Energy	0.0015	50%	3,003,978	$15,642,574
CHK	Cohiba Min Ltd	0.004	33%	14,773,835	$6,339,733
KEY	KEY Petroleum	0.002	33%	14,006,685	$2,951,892
TYM	Tymlez Group	0.004	33%	37,500	$3,276,586
RB6	Rubixresources	0.25	32%	1,339,896	$7,989,500
MP1	Megaport Limited	8.83	31%	4,897,420	$1,066,346,669
BXN	Bioxyne Ltd	0.021	31%	262,696	$30,426,326
FRB	Firebird Metals	0.12	29%	123,949	$6,795,975
SGC	Sacgasco Ltd	0.009	29%	1,284,724	$4,310,067
GMN	Gold Mountain Ltd	0.014	27%	38,308,354	$21,669,259
8CO	8Common Limited	0.095	27%	191,695	$16,807,118
AD1	AD1 Holdings Limited	0.005	25%	143,596	$3,290,276
AVW	Avira Resources Ltd	0.0025	25%	1,722,528	$4,267,580
FGL	Frugl Group Limited	0.01	25%	1,002,015	$7,648,496
GTG	Genetic Technologies	0.0025	25%	3,464,847	$23,083,316
MRD	Mount Ridley Mines	0.0025	25%	2,787,166	$15,569,766
NZS	New Zealand Coastal	0.0025	25%	33,333	$3,308,020
OPL	Opyl Limited	0.053	23%	791,929	$3,754,548
EMP	Emperor Energy Ltd	0.017	21%	160,150	$3,764,075
IBX	Imagion Biosys Ltd	0.023	21%	6,526,660	$22,185,650
1AG	Alterra Limited	0.012	20%	80,406	$6,965,525
KRR	King River Resources	0.012	20%	3,965,635	$15,535,249
SIS	Simble Solutions	0.006	20%	2,325,460	$3,014,754

Tuesday’s shock and awe came from Mobilicom (ASX:MOB), which came out of the gates at circa +360% – in under 20 minutes – before the ASX hit the panic button and the whole thing screeched to a (literal) halt. Market excitement followed news overnight that the dual-listed company had landed some juicy defence contract in the US, which will see 120 of Mobilicom’s SkyHopper PRO datalink systems shipped to small-sized drones and robotics giant Teledyne-FLIR (NYSE:TDY).

As Gregori the Stronach told me… “after some back and forth with the powers that be, MOB was back in action and… down she went.”

“At the close of play, MOB was trading around +187%, and the chip counting stopped, leaving several probably wondering what might have been.”

Canberra-based techies archTIS (ASX:AR9) climbed more than 26% on no fresh news.

And West Wits Mining (ASX:WWI) dropped a late afternoon bombshell, which saw it zoom up 25% in late trade on the back of news that the Industrial Development Corporation of South Africa has expressed interest in providing a debt facility of ZAR300 million – just under $28 million – for development capital at West Wits’ Qala Shallow project.

“With this formal expression of interest and terms, we can now proceed to expedite the due diligence process, secure final approval, and embark on a transformative journey,” West Wits chairman Michael Quinert said.

WEDNESDAY’S ASX SMALL CAP LAGGARDS

Here are the least best performing ASX small cap stocks:

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

Code	Company	Price	%	Volume	Market Cap
MCL	Mighty Craft Ltd	0.05	-38%	3,633,113	$28,765,154
AXP	AXP Energy Ltd	0.001	-33%	583,333	$8,737,021
GCR	Golden Cross	0.002	-33%	103,981	$3,291,768
DRA	DRA Global Limited	1.3	-30%	1,745	$101,095,041
ZEU	Zeus Resources Ltd	0.024	-23%	16,807,213	$14,175,711
HTG	Harvest Tech Grp Ltd	0.037	-21%	1,300,351	$29,695,513
G50	Gold50Limited	0.175	-20%	18,759	$12,527,460
HVY	Heavymineralslimited	0.175	-20%	2,637,414	$8,488,756
VAR	Variscan Mines Ltd	0.012	-20%	140	$5,070,054
EMU	EMU NL	0.002	-20%	16,880	$3,625,053
MRQ	Mrg Metals Limited	0.002	-20%	1	$4,964,797
NC6	Nanollose Limited	0.059	-19%	302,751	$10,868,705
PIL	Peppermint Inv Ltd	0.0075	-17%	950,462	$18,340,712
ENT	Enterprise Metals	0.005	-17%	274,255	$4,376,826
SRI	Sipa Resources Ltd	0.022	-15%	115,829	$5,932,112
TTT	Titomic Limited	0.018	-14%	1,018,821	$6,593,789
AL8	Alderan Resource Ltd	0.006	-14%	100,034	$4,316,863
AOA	Ausmon Resorces	0.003	-14%	710,000	$3,392,513
EDE	Eden Inv Ltd	0.003	-14%	1,670,847	$10,489,305
G88	Golden Mile Res Ltd	0.05	-14%	17,931,725	$19,104,591
LBT	LBT Innovations	0.025	-14%	542,789	$10,028,075
LDX	Lumos Diagnostics	0.063	-14%	31,885,716	$24,887,166
CBY	Canterbury Resources	0.026	-13%	125,000	$4,335,706
JPR	Jupiter Energy	0.02	-13%	25,500	$28,286,553
VN8	Vonex Limited.	0.027	-13%	420,728	$11,216,687