On Stockhead today, ASX stocks leading the recurring revenue race, how to find strength in a weak market, and the IEA kills Goldman’s lithium call cold.

But first, the day ahead.

Local shares are set to open higher today. At 8am AEDT, the ASX 200 August futures is pointing up by 0.50%.

Who’s listing?

No-one. Come on.

 

TRADING HALTS

Tempest Minerals (ASX:TEM) – New mineral project acquisition

Orica (ASX:ORI) – Orica’s working on a corporate transaction and associated equity raising, which sounds super-complicated so we’d better leave them some time and space to get it done.

Zimi (ASX:ZMM) – Zimi wants some Stimmy, in the form of a capital raise.

Arafura Resources (ASX:ARU) – Capital raise, and possible werewolf convention. Aruuuuuu!

Cobre (ASX:CBE) – Capital raise, which is possibly because they just got the champagne bill from the company’s post-price-jump knees-up, after its galaxy-sized 592% rocket ride this month

Zimi (ASX:ZMM) – Capital raising

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1,762.71 (+0.31%)

Silver: $US20.09 (+0.48%)

Nickel (3mth): $US22,590/t (+0.44%)

Copper (3mth): $US7,710/t (-1.24%)

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

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

Oil (WTI): $US90.74 (-3.71%)

Oil (Brent): $US96.98 (-3.37%)

Iron 62pc Fe: $US110.11 (-2.87%)

AUD/USD: 0.6950(+0.30%)

Bitcoin: $US23,315 (+1.37%)

 

WHAT GOT YOU TALKING YESTERDAY?

Senior resource journo and ex-Kalgoorlie local, Josh Chiat, has been covering the ‘Woodstock of mining conferences’ as he calls it – otherwise known as Diggers and Dealers.

His piece on nickel demand going out of control, a rise of something like 2 to 4 times over in the next 30 years, got you all looking.

Even more crazy – “BHP’s Nickel West boss Jessica Farrell told delegates at the Diggers and Dealers Mining Forum in Kalgoorlie demand for nickel to 2050 would increase 200-300% on the previous three decades,” Chiat writes.

 

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 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.

Code Company Price % Volume
VOL Victory Offices Ltd 0.035 106% 1,517,415
RAP Resapp Health Ltd 0.18 50% 30,226,656
MEB Medibio Limited 0.0015 50% 2,535,324
BSX Blackstone Ltd 0.24 26% 9,414,695
PRM Prominence Energy 0.0025 25% 2,133,566
PSL Paterson Resources 0.036 24% 1,693,973
IPD Impedimed Limited 0.085 23% 2,383,675
FRM Farm Pride Foods 0.2 21% 40,039
AVH Avita Medical 2.07 21% 1,002,775
FHE Frontier Energy Ltd 0.3 20% 576,608
MMM Marley Spoon 0.3 20% 555,532
AL3 Aml3D 0.093 19% 1,523,471
NFL Norfolk Metals 0.155 19% 46,221
PKO Peako Limited 0.02 18% 1,791,978
PVE Po Valley Energy Ltd 0.08 18% 1,689,065
ATX Amplia Therapeutics 0.115 17% 261,842
CPV Clearvue Technologie 0.305 17% 735,408
CAV Carnavale Resources 0.007 17% 34,293
MRR Minrex Resources Ltd 0.058 16% 16,941,564
GFN Gefen Int 0.1275 16% 3,500
ASP Aspermont Limited 0.022 16% 623,061
DEV Devex Resources Ltd 0.33 16% 842,373
IXR Ionic Rare Earths 0.052 16% 23,656,612
ST1 Spirit Technology 0.069 15% 319,976
SHP South Harz Potash 0.115 15% 749,942

ASX-listed additive manufacturer AML3D (ASX:AL3) surged after sharing the news its got some kind of world-first accreditation from what appears to be a marine and industrial classification body.

 

YESTERDAY’S SMALL CAP LOSERS

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

Scroll or swipe to reveal table. Click headings to sort.

Code Company Price % Volume
GLV Global Oil & Gas 0.002 -33% 2,553,046
ANL Amani Gold Ltd 0.0015 -25% 2,851,175
CLE Cyclone Metals 0.003 -25% 3,089,082
OXX Octanex Ltd 0.012 -20% 5,047
MYG Mayfield Group Ltd 0.36 -20% 931
CCE Carnegie Cln Energy 0.002 -20% 600,207
MGG Mogul Games Grp Ltd 0.002 -20% 104,999
FGL Frugl Group Limited 0.015 -17% 8
ADS Adslot Ltd. 0.01 -17% 784,953
BAT Battery Minerals Ltd 0.005 -17% 2,087,816
HFY Hubify Ltd 0.037 -16% 77,260
TMR Tempus Resources Ltd 0.062 -15% 2,743,798
HAR Harangaresources 0.145 -15% 5,210
OLY Olympio Metals Ltd 0.12 -14% 5,662
RR1 Reach Resources Ltd 0.003 -14% 491
MRI Myrewardsinternation 0.052 -13% 201,507
NGY Nuenergy Gas Ltd 0.027 -13% 13,100
PX1 Plexure Group 0.34 -13% 193,829
ADX ADX Energy Ltd 0.007 -13% 15,809,288
M8S M8 Sustainable 0.007 -13% 935,790
TMX Terrain Minerals 0.007 -13% 840,461
W2V Way2Vatltd 0.035 -13% 93,380
ZNC Zenith Minerals Ltd 0.29 -12% 798,141
BVR Bellavistaresources 0.22 -12% 20,000
GCX GCX Metals Limited 0.044 -12% 776,535