On Stockhead today, Guy Le Page hunts for copper in a bull market for copper, Mobilicom’s CEO eyes ‘tens of billions’, and what Traders have in their Diary this week.

But first, the day ahead.

It’s a quiet Monday in Australia as far as financial market events go, with January labour force estimates setting the theme for the week, the first being the joint ANZ and Roy Morgan release on consumer sentiment tomorrow.

Looking overseas, US consumer inflation expectations are set to be released today after marking a record 6% in December.

 

WHO’S LISTING?

Andean Mining Limited (ASX:ADM)

IPO: $6m at $0.20

The explorer is focused on its Colombian high-grade copper-gold-silver-zinc project called El Dovio – a high-grade VMS system with grades to 104 g/t gold and 17% copper.

Top End Energy (ASX:TEE)

IPO: $6.4m at $0.20

The company is exploring for oil, gas, and other associated product streams (including helium and hydrogen) – and aims to be a net zero emissions energy producer.

 

TRADING HALTS

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

K-TIG Limited (ASX:KTG) – capital raising

Peregrine Gold Ltd (ASX:PGD) – capital raising and board changes

Rafaella Resources Ltd (ASX:RFR) – capital raising

 

MARKETS (prices updated at 8am AEDT)

Gold: US$1862.61 ($2,611.62) (+1.97%)

Silver: US$23.42 (+1.06%)

Oil (WTI): $US93.10 (+3.58%)

Oil (Brent): US$94.44 (+3.31%)

Coal: US$245.00 (+2.47%)

Iron 62pc Fe: $US150.87 (-0.46%)

AUD/USD: 0.7132 (-0.07%)

Bitcoin: US$42,324 ($59,343) (-0.81%)

ASX 200 Mar Futures: 7,075 (-0.47%)

 

WHAT GOT YOU TALKING OVER THE WEEKEND?

Part one of our GameFi exploration got you talking.

The column, written by fellow Stockhead writer Rob Badman investigates what makes the sector tick – what it is and why big backers are throwing dough its way.

 

 

LAST WEEK’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.

Code Company Price % Volume
BOC Bougainville Copper 0.855 113.8% 858,933
ANL Amani Gold Ltd 0.0015 50.0% 18,310,694
AO1 Assetowl Limited 0.006 50.0% 37,200,317
LKO Lakes Blue Energy 0.0015 50.0% 124,913,740
ITM Itech Minerals Ltd 0.465 22.4% 2,910,014
IHL Incannex Healthcare 0.53 20.5% 12,513,682
NET Netlinkz Limited 0.019 18.8% 4,241,945
M2M Mtmalcolmminesnl 0.135 17.4% 20,369
CG1 Carbonxt Group 0.315 14.5% 208,625
AFW Applyflow Limited 0.004 14.3% 7,959,558
HZR Hazer Group Limited 1.08 13.7% 4,601,749
DKM Duketon Mining 0.5 13.6% 481,957
HVM Happy Valley 0.068 13.3% 72,070
N1H N1 Holdings Ltd 0.22 12.8% 183,100
SMX Security Matters 0.27 12.5% 2,518
CZR CZR Resources Ltd 0.009 12.5% 1,980,569
SHP South Harz Potash 0.185 12.1% 5,548,101
QGL Quantum Graphite 0.28 12.0% 1,845,476
CZL Cons Zinc Ltd 0.028 12.0% 257,630

For ASX small cap observers on Friday there was one clear winner from start to finish — Bougainville Copper (ASX:BOC).

The stock ripped higher on some big regulatory news out of Papua New Guinea, where reports emerged that local authorities may push the restart button on BOC’s massive copper-gold mine.

It’s been a cool 33 years since production ceased at the site, after local conflict in PNG escalated into a 10-year civil war (get the full background here). BOC still has to get its mining licence back, but Friday’s news sent the stock surging back to decade-highs.

Also rising strongly was clinical-stage medicinal cannabis company Incannex Healthcare (ASX:IHL), which jumped by 20% on no news.

And SME lender N1 Holdings (ASX:N1H) climbed by another 12% on no news. The ~$15m market cap company, which also provides mortgage broker services, has now risen by around 300% since last June.

 

LAST WEEK’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.

Code Company Price % Volume
ZBT Zebit Inc 0.09 -54% 7,336,483
KEY KEY Petroleum 0.002 -33% 100,000
CRM Carbon Minerals Ltd 0.31 -26% 33,242
BAS Bass Oil Ltd 0.0015 -25% 2,333,671
EN1 Engage:Bdr Limited 0.0015 -25% 7,260,401
JAV Javelin Minerals Ltd 0.0015 -25% 4,732,227
TRT Todd River Res Ltd 0.06 -22% 12,662,348
ICN Icon Energy Limited 0.013 -19% 363,533
OAK Oakridge 0.25 -17% 1,129,931
CCE Carnegie Cln Energy 0.0025 -17% 2,732,076
PCL Pancontinental Energ 0.005 -17% 45,732,288
KNB Koonenberrygold 0.12 -14% 566,748
MBK Metal Bank Ltd 0.006 -14% 807,033
TYX Tyranna Res Ltd 0.006 -14% 1,500,000
AGS Alliance Resources 0.125 -14% 3,996
MTM Mtmongerresources 0.17 -13% 208,237
PEC Perpetual Res Ltd 0.062 -13% 3,787,103
KNM Kneomedia Limited 0.014 -13% 1,947,171
GMN Gold Mountain Ltd 0.015 -12% 84,163