On Stockhead today, Gregor unleashes all over the future of Forex, Scott and Nadine see a healthier 2023 for ASX health stocks  and The Badman takes you back over the incredible mess crypto historians are already calling 2022.

But first, the day ahead!

TRADING HALTS

Kingwest Resouces (ASX:KWR) – pending a potential change of control transaction.

Silver Mines (ASX:SVL) –  final approval procedures for the Bowdens Silver Project

Brightstar Resources (ASX:BTR) – a capital raising and potential change of control transaction

Dreadnought Resources (ASX:DRE) –  initial Yin independent JORC 2012 Mineral Resource

Range International (ASX:RAN) –  update on the ITO Amended Assessment relating to FY2018.

 

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1,8101.47 (-0.70%)

Silver: $US23.53 (-1.83%)

Nickel (3mth): $US29,736.50/t (+6.2%)

Copper (3mth): $US8,404.00/t (+0.4%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, DEC 21): $US80,275/t (-1.3% weekly, +123% year-to-date)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, DEC 21): $US80,650/t (-0.4% weekly, +169.2% year-to-date)

Oil (WTI): $US78.64 (+44%)

Oil (Brent): $US82.61 (+46%)

Iron 62pc Fe: $US113.00 (+2.6%)

AUD/USD: 0.668 (+0.36%)

Bitcoin: $US16,67.94 (-0.73%)

 

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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.

WHAT GOT YOU TALKING YESTERDAY?

We’re back in the uranium domain ahead of Christmas

YESTERDAY’S ASX SMALL CAP LEADERS

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The biggest winner on Thursday was the nickel, cobalt and manganese explorer NiCo Resources (ASX:NC1).

The company hit the bourse back in Jan with eyes on the pre-feasibility study for the Wingellina Project, which forms part of the larger Central Musgrave Project (spanning across Western Australia and South Australia) before the end of 2022.

Yesterday they announced that PFS, which has confirmed Wingellina as a Tier 1 project capable of supplying decades of Nickel and Cobalt for the electric vehicle (EV) and energy storage industries for circa 42 lovely years.

In the same ballpark, Cyprium Metals (ASX:CYM) has signed an exclusive term sheet with Transamine SA for US$35mn in respect of a copper cathode offtake secured prepayment facility.

This is part of the targeted AUD$240mn to $260mn debt funding package to finance the restart of the Nifty Copper Project, which is expected to include senior secured financing and offtake financing.

Avecho Biotechnology (ASX:AVE) has been given the formal ethics nod for Phase III clinical trial testing its oral CBD softgel capsule for insomnia.

The study is the largest randomised, placebo controlled study being undertaken in Australia to support registration of cannabidiol as an over-the-counter medicine with the Therapeutic Goods Administration (TGA). 

YESTERDAY’S ASX SMALL CAP LAGGARDS

Here are the worst performing ASX small cap stocks:

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