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

Pic: Getty Images

On Stockhead today, WoodMac’s call on the end of coal party, this metal super cycle has just begun, and are we all buying the dip yet?

But first, the day ahead.

Local shares are set to open lower on Wednesday. At 8am AEST, the ASX 200 October futures contract was pointing down by 0.60%.

TRADING HALTS

Auric Mining (ASX:AWJ) – capital raise

Riedel Resources (ASX:RIE) – capital raise

Yandal Resources (ASX:YRL) – capital raise

Boston Minerals (ASX:BMO) – capital raise

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1,629.39 (+0.48%)

Silver: $US18.39 (+0.20%)

Nickel (3mth): $US21,750/t (-2.05%)

Copper (3mth): $US7,291/t (-0.69%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, Sept 14): $US71,500/t (+98.6% year-to-date)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, Sept 14): $US70,550/t (+135.6% year-to-date)

Oil (WTI): $US78.20 (+2.00%)

Oil (Brent): $US85.87 (+2.16%)

Iron 62pc Fe: $US98.71 (+0.30%)

AUD/USD: 0.6434 (-0.20%)

Bitcoin: $US18,981 (-0.64%)

WHAT GOT YOU TALKING YESTERDAY?

Lithium prices are continuing to climb and according to Fastmarkets senior price development manager, they will continue to do so because “so long as there is still an incentive to produce EVs at these price levels there is no real reason for them to fall until we see a meaningful supply response.”

Lithium prices are continuing to broach new records, and market experts say the depth of supply shortages for the EV battery ingredient mean that is no great shock: https://t.co/0mn0fhjIGO pic.twitter.com/IIrnq11zj1

— Stockhead (@StockheadAU) September 27, 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 pre-open 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 WINNERS

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

Code	Company	Price	%	Volume	Market Cap
AHN	Athena Resources	0.01	25%	3,495,100	$6,503,740.46
ARE	Argonaut Resources	0.0015	50%	4,000,000	$5,428,537.94
BTR	Brightstar Resources	0.022	38%	3,533,925	$10,349,773.90
BXN	Bioxyne Ltd	0.028	22%	786,489	$14,723,344.15
CBY	Canterbury Resources	0.042	20%	285,060	$4,311,948.55
CLE	Cyclone Metals	0.0025	25%	2,934,775	$12,233,473.96
CMG	Criticalmineralgrp	0.26	30%	1,046,237	$6,107,114.80
CUF	Cufe Ltd	0.018	20%	1,397,612	$14,491,685.48
DDT	DataDot Technology	0.006	20%	91,000	$6,219,347.33
DUN	Dundasminerals	0.61	44%	3,652,614	$16,462,612.58
GGX	Gas2Grid Limited	0.002	33%	1,000,000	$6,087,153.12
MGA	Metalsgrovemining	0.23	119%	8,243,280	$3,780,052.50
MGG	Mogul Games Grp Ltd	0.002	33%	6,866,524	$4,895,161.81
NYM	Narryermetalslimited	0.17	26%	173,897	$4,004,437.50
PNX	PNX Metals Limited	0.005	25%	2,642,002	$17,776,231.23
PSC	Prospect Res Ltd	0.095	17%	2,158,961	$37,443,016.42
RAS	Ragusa Minerals Ltd	0.395	23%	17,578,949	$41,166,101.76
ROG	Red Sky Energy.	0.007	17%	3,840,000	$31,813,363.18
ROO	Roots Sustainable	0.005	67%	3,725,854	$2,248,898.06
RTG	RTG Mining Inc.	0.055	17%	54,800	$37,439,758.15
SRZ	Stellar Resources	0.014	17%	459,210	$11,582,371.51
TLG	Talga Group Ltd	1.4	18%	825,318	$361,394,805.02
UUL	Ultima Utd Ltd	0.079	18%	630,186	$4,911,604.11
WTL	Wt Financial Grp Ltd	0.094	18%	299,827	$25,686,467.36
YPB	YPB Group Ltd	0.006	20%	166,666	$2,032,730.77

Cygnus Gold (ASX:CY5) gained some 25% on Tuesday. The goldie-cum-lithium play reckons it’s just quadrupled the strike length out at its highly-prospective James Bay Lithium Province in Canada, to 40km.

CY5 says the rich new pickings have already returned samples grading 2.8% Li2O adjacent to Cygnus’ existing Pontax project.

There were more lithium leaks on Tuesday, Ragusa Minerals (ASX:RAS) saying it’s preparing to drill its NT lithium project for the first time next week with a set of fresh lithium targets already identified.

Also back in play is the troubled Argonaut Resources (ASX:ARE) which filed an appeal against a South Australian Supreme Court judgment which set aside October’s green light for exploration works at the Murdie Project.

YESTERDAY’S ASX SMALL CAP LOSERS

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

Code	Company	Price	%	Volume	Market Cap
1CG	One Click Group Ltd	0.019	-53%	4,769,860	$23,714,319.48
AO1	Assetowl Limited	0.0015	-25%	398,332	$3,144,259.52
AQX	Alice Queen Ltd	0.0025	-17%	450,000	$6,461,083.37
BPP	Babylon Pump & Power	0.005	-17%	5,908,004	$14,746,628.06
CFO	Cfoam Limited	0.003	-25%	1,005	$2,935,362.54
CLB	Candy Club	0.048	-20%	63	$22,047,957.66
CT1	Constellation Tech	0.004	-20%	180,700	$7,356,001.85
DEL	Delorean Corporation	0.064	-17%	1,333,947	$16,610,510.46
DLT	Delta Drone Intl Ltd	0.011	-15%	750,000	$3,898,521.90
FSG	Field Solu Hldgs Ltd	0.1	-17%	5,136,782	$91,648,992.60
GCR	Golden Cross	0.012	-14%	1,427,659	$15,361,585.54
GTG	Genetic Technologies	0.003	-14%	250,095	$32,318,878.00
GW1	Greenwing Resources	0.345	-15%	1,043,983	$49,915,176.35
INP	Incentiapay Ltd	0.01	-17%	101,728	$15,180,763.50
LNU	Linius Tech Limited	0.003	-25%	7,985,250	$9,255,465.25
LSR	Lodestar Minerals	0.006	-14%	17,021,519	$12,169,061.44
M24	Mamba Exploration	0.12	-17%	30,000	$6,115,375.44
OAR	OAR Resources Ltd	0.005	-17%	2,612,210	$13,026,227.39
RFR	Rafaella Resources	0.03	-21%	1,628,260	$10,671,306.26
RNX	Renegade Exploration	0.005	-17%	2,000,000	$5,337,759.83
SKO	Serko	2.6	-14%	26,963	$366,084,713.12
TKL	Traka Resources	0.006	-14%	815,238	$4,821,421.93
TMH	The Market Herald	0.4	-15%	331,455	$91,954,882.89
W2V	Way2Vatltd	0.034	-15%	92,072	$7,113,767.76
WNR	Wingara Ag Ltd	0.053	-18%	10,000	$11,410,262.76