On Stockhead today, can Mighty Craft lead liquor stocks back into vogue, can you love an unloved stock, and four crypto airdrops to watch.

But first, the day ahead.

 

Who’s listing?

Toubani Resources (ASX:TRE)

IPO: $32.5m at $0.20

This resources player is focused on developing a gold platform in West Africa.

The company is primarily focused on the development of the Kobada Gold Project in Southern Mali, which has a global resource base of over 2.3 Moz of gold and the potential to produce more than 100,000 ounces of gold per annum.

Nightingale Intelligent Systems (ASX:NGL)
Listing: 24 October
IPO: $6m at $0.22

The company develops Unmanned Aerial Vehicles (UAV) for commercial applications. The first application chosen by Nightingale is physical security.

NOW READ: Rare earths and manganese hit the bourse with O&G to follow this week

 

TRADING HALTS

The following companies are expected out of trading halts in the next few days:

Askari Metals (ASX:AS2) – Announcement pending about a material acquisition in the lithium sector.

Adveritas (ASX:AV1) – Waiting on news of an announcement regarding a placement. No rush… we’ll wait.

Emperor Energy (ASX:EMP) – Capital raising

Monger Gold (ASX:MMG) – Capital raising

Delorean Corporation (ASX:DEL) – Regarding a material transaction.

NT Minerals (ASX:NTM) – NTM has an announcement in relation to a potential legacy liability relating to the conclusion of mining activities conducted in New South Wales in 2005.

PolarX (ASX:PXX) – Capital raising

Ikwezi Mining (ASX:IKW) – Pending the release of an announcement concerning its application to be removed from the official list of ASX.

Galan Lithium (ASX:GLN) – Regarding a significant resource update.

Neurizer (ASX:NRZ) – Capital raising

Findi (ASX:FND) – Regarding assessment of the financial impact of an extension of a material agreement associated with the company’s expansion in India.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1,657.18 (+1.81%)

Silver: $US19.39 (+3.91%)

Nickel (3mth): $US21,945/t (+0.32%)

Copper (3mth): $US7,683.50/t (-0.46%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, OCT 19): $US72,875/t (+111.6% year-to-date)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, OCT 19): $US71,900/t (+151.9% year-to-date)

Oil (WTI): $US85.10 (+0.71%)

Oil (Brent): $US93.50 (+1.22%)

Iron 62pc Fe: $US94.86 (+0.11%)

AUD/USD: 0.63770 (+1.66%)

Bitcoin: $US19,178 (-0.01%)

 

WHAT GOT YOU TALKING LAST WEEK?

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.

 

ASX SMALL CAP LEADERS

Here are the best performing ASX small cap stocks:

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

Wordpress Table Plugin

 

Shares in MRG Metals (ASX:MRQ) took flight last Friday after the company revealed it had submitted mining licence applications (MLAs) for its Corridor Central and Corridor South mineral sands projects in Mozambique, shifting focus from exploration to project development.

Interestingly, Rio Tinto (ASX:RIO) and Savannah Resources (AIM:SAV) are planning to develop the Chiubane deposit some 10km to the south of MRQ’s Corridor projects.

Meanwhile, TechGen Metals (ASX:TG1) closed 18pc higher after announcing new nickel-copper-PGE and gold targets at the Narryer Project in Western Australia.

 

 

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. 

Wordpress Table Plugin

 

 

Featured Companies

You might be interested in