Rise and Shine: What you need to know before the ASX opens

On Stockhead today, African cannabis is overlooked but it’s a multi-billion-dollar market, these five microcaps are working hard to solve the world’s biggest health problems and the latest Explorers podcast.

But first…

The day ahead

Today at 10.30am Westpac will release its leading index for November – a gauge which attempts to predict the future direction of the economy.

Then at 11am, the ABS will release monthly skilled vacancies data. But the remainder of its November jobs data (including the unemployment rate) will come out on Thursday.

The following companies are in trading halts or voluntary suspensions and are expected to exit in the next 48 hours.

Wednesday:

Canterbury Resources (ASX:CBY) – capital raising
Bass Metals (ASX:BSM) – strategic update
Whitebark Energy (ASX:WBE) – acquisition
Pharmaxis (ASX:PXS) – Boehringer decision on NASH drug
Simble Solutions (ASX:SIS) – capital raising
Roto-Gro (ASX:RGI) – capital raising
Cirralto (ASX:CRO) – capital raising
Gulf Maganese (ASX:GMC) – securing of finance

Thursday:

Kalia (ASX:KLH) – exploration licence status
3D Oil (ASX:TDO) – transaction of T/49P permit

Markets

Gold: $US1,475.90 ($2,155.42) (+0.05%)

Silver: $US17.00 (-0.16%)

Oil (WTI): $US61.00 (+1.10%)

Oil (Brent): $US66.18 (+1.20%)

Coal: $US68.38 (-0.03%)

Iron 62pc Fe: $US93.00 (-0.18%)

AUD/USD: $US0.6847 (-0.55%)

Bitcoin: $US6,587.24 (-3.86%)

What got you talking yesterday

Lithium explorers and investors want to know if the year ahead will be better or more of the same gloom. For our Twitter followers it seems any news is good news.

But 2020 will be decisive; if new projects don’t find financing in the coming months, lithium oversupply will shift suddenly into shortage in a few years. #ASX #ausbix $LIT $PSC https://t.co/NXNxfruJdB

— Stockhead (@StockheadAU) December 16, 2019

These were the most tipped stocks (weekly) on Stocks in Play:

Yesterday’s winners

Code	Name	Price	% Chg	Market Cap
SHK	Stone Resources Australia Ltd	0.002	+100.00%	$1.7M
CCE	Carnegie Clean Energy Ltd	0.0015	+50.00%	$16.7M
CE1	Calima Energy Ltd	0.009	+50.00%	$19.4M
AAJ	Aruma Resources Ltd	0.004	+33.33%	$2.8M
SMI	Santana Minerals Ltd	0.004	+33.33%	$10.7M
SRZ	Stellar Resources Ltd	0.013	+30.00%	$4.9M
GIB	Gibb River Diamonds Ltd	0.03	+28.57%	$4.8M
ICU	iSentric Ltd	0.009	+28.57%	$1.7M
AML	Aeon Metals Ltd	0.13	+23.81%	$87.6M
UNL	United Networks Ltd	0.03	+23.08%	$12.6M
AXE	Archer Materials Ltd	0.14	+22.73%	$28.7M
ZNO	Zoono Group Ltd	0.5	+20.73%	$80.8M
SMD	Syndicated Metals Ltd	0.006	+20.00%	$4.9M
AZS	Azure Minerals Ltd	0.12	+20.00%	$19.5M
BOC	Bougainville Copper Ltd	0.25	+18.60%	$102.3M
IPT	Impact Minerals Ltd	0.0065	+18.18%	$8.6M
LMG	Latrobe Magnesium Ltd	0.013	+18.18%	$16.9M
CRS	Caprice Resources Ltd	0.13	+18.18%	$4.3M

Yesterday’s losers

Code	Name	Price	% Chg	Market Cap
MLS	Metals Australia Ltd	0.001	-33.33%	$3.2M
IKW	Ikwezi Mining Ltd	0.002	-33.33%	$8.1M
DTR	Dateline Resources Ltd	0.002	-33.33%	$16.4M
LIT	Lithium Australia NL	0.05	-25.68%	$29.8M
VAR	Variscan Mines Ltd	0.0015	-25.00%	$6.2M
ANW	Aus Tin Mining Ltd	0.0015	-25.00%	$3.9M
ALT	Analytica Ltd	0.003	-25.00%	$10.6M
SKN	Skin Elements Ltd	0.01	-23.08%	$1.6M
OXX	Octanex Ltd	0.007	-22.22%	$1.9M
INV	Investsmart Group Ltd	0.09	-21.74%	$12.3M
CLA	Celsius Resources Ltd	0.011	-21.43%	$8.3M
YPB	YPB Group Ltd	0.004	-20.00%	$6.8M
TSC	Twenty Seven Co Ltd	0.004	-20.00%	$4.9M
TPD	Talon Petroleum Ltd	0.002	-20.00%	$3.6M
SHH	Shree Minerals Ltd	0.004	-20.00%	$2.4M
SER	Strategic Energy Resources Ltd	0.004	-20.00%	$3.8M
BMG	BMG Resources Ltd	0.004	-20.00%	$2.3M
NGY	NuEnergy Gas Ltd	0.009	-18.18%	$13.3M