On Stockhead today, how crypto calls to the ‘degen’ gambler in us all, China’s lockdowns hit iron ore, and the doctor with an inflation hedge pill.

But first, the day ahead.

 

WHO’S SCHEDULED TO LIST?

Koba Resources (ASX:KOB)

IPO: $8m at $0.20

The company was incorporated to demerge New World Resources’ portfolio of cobalt assets into a new standalone ASX-listed entity.

The assets include the Blackpine cobalt-copper, Colson cobalt-copper and Panther cobalt-copper projects, which are all located in the Idaho cobalt Belt in the USA – one of the Western world’s premier cobalt districts.

 

TRADING HALTS

The following companies are in trading halts and are expected out in the coming days:

New Talisman Gold Mines (ASX:NTL) — Strategic plan/funding intentions

Torque Metals (ASX:TOR) — Capital raising

Actinogen Medical (ASX:ACW) — Clinical trials results

Petratherm (ASX:PTR) – Capital raising

Jade Gas Holdings (ASX:JGH) – Material announcement

Alice Queen (ASX:AQX) – Capital raising

Environmental Clean Technologies (ASX:ECT) – Joint venture agreement / Capital raising

Lithium Energy (ASX:LEL) – Market announcement regarding Solaroz Lithium Brine Project in Argentina

Revolver Resources (ASX:RRR) – Exploration results from the Dianne Project

Carbine Resources (ASX:CRB) – Acquisition

 

MARKETS (updated at 8am AEDT)

Gold: $US1,897.80 (+0.02%)

Silver: $US23.62 (+0.08%)

Nickel (3mth): $US32,607/t (-1.40%)

Copper (3mth): $US9,783/t (-4.53%)

Oil (WTI): $US98.3 (-0.07%)

Oil (Brent): $US102.2 (-0.04%)

Aust Coking Coal (steelmaking): $406.7/t (-1.08%)

Newcastle Coal (thermal): $264/t (+2.0%)

Iron 62pc Fe: $US152.47(-1.08%)

AUD/USD: $US0.71815 (-0.86%)

 

WHAT GOT YOU TALKING YESTERDAY?

Kincora’s latest assays from the Trundle Park prospect got you talkin’, confirming the ASX-copper play has made quite the discovery along the Southern Extension Zone within its flagship project.

Adding to the excitement is news that more assays are on the way in NSW’s Junee-Narromine volcanic belt of the Macquarie Arc porphyry system.

 

And another bargain barrel of seven lithium stocks under a $300mn market cap for your reading pleasure.

 

 

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.

“It’s now well and truly game on at Abercromby,” according to managing director Bruce McCracken, at BMG Resources (ASX:BMG).

The WA explorer just hit thick, high-grade gold at ‘Capital’ — part of the ‘Abercromby’ project — including a highlight 31m at 6.18g/t gold.

Vanadium Resources (ASX:VR8) joins a growing list of ASX-listed vanadium companies that have been dual-listed on the Frankfurt Stock Exchange (DAX), such as Neometals (ASX:NMT), Australian Vanadium (ASX:AVL) and TNG (ASX:TNG).

The listing will broaden VR8’s exposure to European investor cash as it develops the Steelpoortdrift vanadium project in Limpopo, South Africa. The $80m market cap stock is up 150% year-to-date. It had $4.8m in the bank at the end of December.

 

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.