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

On Stockhead today, why China’s bailout probably won’t work, 3 tasty stocks the tech recovery forgot, and Guy Le Page is going to be OK.

But first the day ahead.

WHO’S LISTING?

Chalkos Metals (ASX:CKM)

IPO: $8m at $0.20

The copper explorer has tenements in the prospective North West minerals province of QLD – adjacent to the world-class Mt Isa mines.

The company is embarking on an aggressive drill program with target testing underway.

TRADING HALTS

First Au(ASX:FAU) – capital raising

Aurumin (ASX:AUN) – capital raising

Victory Goldfields (ASX:1VG) – regarding exploration results.

Reward Minerals (ASX:RWD) – material acquisition

Alderan Resources (ASX:AL8) – capital raising

Almonty Industries (ASX:ALL) – regarding a mineral resource

Quantum Graphite (ASX:QGL) – capital raising, again

First Au (ASX:FAU) – see above.

Pendal Group (ASX:PDL) – see above too.

MARKETS

Gold: $US1,711.37 (+0.14%)

Silver: $US18.77 (+0.51%)

Nickel (3mth): $US20,600/t (-0.25%)

Copper (3mth): $US7,298/t (-1.73%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, June 30): $US69,750/t (0.0% weekly)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, June 30): $US70,875/t (0.0% weekly)

Oil (WTI): $US103.44 (+0.83%)

Oil (Brent): $US106.85 (+0.55%)

Iron 62pc Fe (Singapore futures): $US104.76 (-1.81%)

AUD/USD: 0.6899 (+0.30%)

Bitcoin: $US23,666 (+8.90%)

WHAT GOT YOU TALKING YESTERDAY?

Ur-ur-uranium.

Paladin Energy $PDN has given the green light for the restart of the Langer Heinrich uranium mine in Namibia as yellowcake comes back in from the cold: https://t.co/tc9yzLAxQk#ASX200 #groundbreakers pic.twitter.com/OA1EF2b7j9

— Stockhead (@StockheadAU) July 19, 2022

YESTERDAY’S SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for July 18

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

X2M Connect (ASX:X2M) says orders across the X2M group are already bringing in revenue for the first half now exceeding $9.6 million.

A lovely new South Korean contracts provide water monitoring and control to 9,754 households with installation to be completed within six months, while four other new contracts have cracked X2M’s maiden half century of customers.

X2M’s technology connects devices such as water, gas and electricity meters and other utility sensors to the internet, enabling data exchange and the remote control of these devices. X2M generates its revenue selling hardware and monthly subscription fees under a sassy Software as a Service thingy.

Shares in medical business Mesoblast rose nearly 12 per cent to 96c just before noon AEST following positive results from a US clinical study related to its cell therapy product rexlemestrocel-L (Revascor), which may lead to its broader application for heart failure patients.

ASX SMALL CAP LOSERS

Here are the worst performing ASX small cap stocks for July 18

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

Having a rough run is coal miner Allegiance (ASX:AHQ), which issued a pair of reports yesterday morning that sent the share price into a deep, black funk, down a horrifying two-thirds by lunch.