On Stockhead today, 10 of the cheapest rare earths stocks on the ASX, China calls for the big iron ore shake-up, and 200pc earnings growth for energy plays?

But first, the day ahead.

Local shares are set to open lower today. At 8am AEDT, the ASX 200 March futures is pointing down by 0.07%.

The Australian Bureau of Statistics (ABS) is set to release the Wage Page Index, the pre-eminent source of information on wage trends.

But the Reserve Bank Governor said he will be looking at comments on wages received by Reserve Bank business liaison and unit labour costs to get a broader picture on what is happening with worker remuneration.

 

TRADING HALTS

Lake Resources NL (ASX:LKE) – capital raising

Xantippe Resources (ASX:XTC) – capital raising

Manuka Resources (ASX:MKR) – capital raising

Creso Pharma (ASX:CPH) – capital raising

Genex Power (ASX:GNX) – capital raising

 

MARKETS

Gold: $US1,900/35 (-0.35%)

Silver: $US24.15 (+0.87%)

Oil (WTI): $US92.35 (+0.38%)

Oil (Brent): $US96.37 (+1.03%)

Aust Coking Coal (steelmaking): $435.70/t (0.00%)

Newcastle Coal (thermal): $197/t (0.00%)

Iron 62pc Fe: $US143.26/t (+.152%)

AUD/USD: $US0.7219 (+0.40%)

Bitcoin: $US38,013 (+2.67%)

 

WHAT GOT YOU TALKING YESTERDAY?

Our Free Whelan column got you talkin’.

VFS Group investment manager James Whelan provides a rundown on what to do when the threat of geopolitical warfare rears its head.

 

 

And the three stocks leveraged to the biggest thematic in the world right now – energy scarcity – got you lookin’.

 

YESTERDAY’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
ANW Aus Tin Mining 0.0015 50% 10,620,921.00
LKO Lakes Blue Energy 0.0015 50% 5,976,920.00
WOO Wooboard Tech Ltd 0.0015 50% 1,084,366.00
RMI Resource Mining Corp 0.02 33% 6,791,968.00
CWX Carawine Resources 0.2175 32% 8,746,411.00
OVT Ovato Limited 0.23 31% 46,500.00
OEX Oilex Ltd 0.005 25% 719,628.00
IS3 I Synergy Group Ltd 0.18 20% 9,000.00
QHL Quickstep Holdings 0.435 18% 472,361.00
IMB Intelligent Monitor 0.35 17% 20,630.00
TPD Talon Energy Ltd 0.008 14% 6,359,096.00
XST Xstate Resources 0.004 14% 1,458,500.00
ANR Anatara Ls Ltd 0.12 14% 31,082.00
IVT Inventis Limited 0.12 14% 20,023.00
CLE Cyclone Metals 0.0045 13% 4,030,002.00
KFE Kogi Iron Ltd 0.009 13% 4,916,757.00
PHO Phosco Ltd 0.12 12% 27,181.00
AHN Athena Resources 0.01 11% 500,000.00
DDT DataDot Technology 0.01 11% 1,910,932.00
NCR Nucoal Resources Ltd 0.01 11% 1,250,002.00
FMS Flinders Mines Ltd 0.52 11% 3,825.00
ECG Ecargo Hldg 0.032 10% 926,309.00
MND Monadelphous Group 10.96 10% 1,545,207.00
RIE Riedel Resources Ltd 0.011 10% 4,288,482.00
NZO New Zealand Oil&Gas 0.46 10% 1,150.00
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First up, the Charlie Sheen stocks — winning on no discernible news:

Aus Tin Mining (ASX:ANW)

Wooboard Tech (ASX:WOO)

Resource Mining Corp (ASX:RMI)

Then there’s Carawine Resources (ASX:CWX) which has jumped after an all-cash takeover play by major shareholder (Australia’s #41 richest) the coal baron Christopher Wallin. He’s putting CWX at 21c a share — a 27.27% premium to its last trading price. CWX has already climbed 33% post-announcement.

Quickstep Holdings (ASX:QHL) has flagged strong first half sales, and a more than 80% bump in underlying profit. Its claim is to be the largest independent Aussie aerospace composite business.

Kaiser Reef (ASX:KAU) says it’s started commercial production at the Queens Lode with the last four weeks of mined grade returning a smashing 20g/t gold with an estimated 98% gold recovery, after milling and processing.

Kaiser’s MD Jonathan Downes, said, “achieving a 20 g/t gold head grade delivered to the mill is a great outcome”.

“As we reach lower levels in this mine, we can expect to see increasing amounts of this high-grade material, which is also very exciting.”

Shares jumped by double digits in Tuesday trade.

 

YESTERDAY’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
RCP Redbank Copper Ltd 0.036 -36.8% 14,910,359.00
CCE Carnegie Cln Energy 0.002 -33.3% 11,288,488.00
EN1 Engage:Bdr Limited 0.001 -33.3% 540,774,931.00
BAS Bass Oil Ltd 0.0015 -25.0% 3,100,080.00
EVE EVE Health Group Ltd 0.003 -25.0% 85,765,997.00
SAN Sagalio Energy Ltd 0.018 -25.0% 177,973.00
DOR Doriemus PLC 0.105 -22.2% 56,317.00
AT1 Atomo Diagnostics 0.1425 -20.8% 8,668,562.00
CRR Critical Resources 0.076 -20.8% 49,369,300.00
POW Protean Energy Ltd 0.008 -20.0% 3,827,266.00
LRV Larvottoresources 0.21 -19.2% 1,163,746.00
RTH Ras Tech 0.865 -19.2% 80,376.00
EUR European Lithium Ltd 0.085 -19.0% 28,727,418.00
AZL Arizona Lithium Ltd 0.11 -18.5% 31,971,927.00
ZGL Zicom Group Limited 0.077 -18.1% 263,691.00
KGD Kula Gold Limited 0.041 -18.0% 728,801.00
XRG Xreality Group Ltd 0.066 -17.5% 2,283,823.00
CPM Coopermetalslimited 0.49 -16.9% 1,023,623.00
COO Corum Group Limited 0.049 -16.9% 525,305.00
99L 99 Loyalty Ltd. 0.015 -16.7% 821,704.00
BME Blackmountainenergy 0.125 -16.7% 209,002.00
OMX Orangeminerals 0.125 -16.7% 142,999.00
PTX Prescient Ltd 0.15 -16.7% 6,106,232.00
THR Thor Mining PLC 0.0125 -16.7% 40,454,348.00
GTG Genetic Technologies 0.005 -16.7% 11,992,184.00
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Empire Resources (ASX:ERL) says it’s covered the shortfall from its recent rights issue, raising ~$674k before costs in a successful placement, issuing ~56 million fully paid ordinary shares and 28 million new options.

Each new option has an excise price of 1.6 cents with an expiry date of November 30, 2023.