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

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On Stockhead today, one expert’s take on the Australian cannabis market and his three stock picks, how Australia’s sovereign wealth fund could benefit from investing in small caps and WA is the world’s most specie destination for mining investment.
But first…
The day ahead
Today in economic data Q4 private capital expenditure will be released. Also keep your eye out for private sector credit, which will be released tomorrow.
The following companies are in trading halts and are expected to exit in the next two trading days.
Thursday:
Marmota (ASX:MEU) – drilling results
Classic Minerals (ASX:CLZ) – drilling results
Alto Metals (ASX:AME) – exploration results
Meteoric Resources (ASX:MEI) – assay results
Decmil Group (ASX:DCG) – NZ Department of corrections update
NetLinkz (ASX:NET) – capital raising
Friday:
AHAlife Holdings (ASX:AHL) – capital raising
Focus Minerals (ASX:FML) – tenure forfeiture applications
Auroch Minerals (ASX:AOU) – capital raising
Oro Verde (ASX:OVL) – capital raising
Markets
Gold: $US1,642.87 ($2,506.90) (+0.50%)
Silver: $US17.88 (-0.73%)
Oil (WTI): $US48.69 (-2.32%)
Oil (Brent): $US53.59 (-2.69%)
Coal: $US66.13 (-0.44%)
Iron 62pc Fe: $US86.73 (+0.120%)
AUD/USD: $US0.6553 (-0.77%)
Bitcoin: $US8,821.08 (-5.19%)
What got you talking yesterday
Termites can be pesky but the CSIRO believes they could be useful for miners. It is investigating the potential for termite mounds to help explore for nickel and cobalt and this got the most attention on Twitter.
Could termites play a role in the search for nickel and cobalt? The CSIRO certainly thinks so #australia #csiro #research #mining #exploration #termites #nickel #cobalt https://t.co/HjFVcFUxqd
— Stockhead (@StockheadAU) February 25, 2020
These were the most tipped stocks (weekly) on Stocks in Play:


Yesterday’s winners
Code | Name | Price | % Chg | Market Cap | Volume |
---|---|---|---|---|---|
T3D | 333D Ltd | 0.002 | +100.00% | $2.1M | 250.0k |
GNM | Great Northern Minerals Ltd | 0.007 | +40.00% | $2.4M | 402.0k |
PCL | Pancontinental Oil & Gas NL | 0.002 | +33.33% | $10.8M | 667.5k |
ATL | Apollo Tourism & Leisure Ltd | 0.34 | +28.30% | $63.3M | 1.2M |
VAL | Valor Resources Ltd | 0.0025 | +25.00% | $4.8M | 1.2M |
AAP | Australian Agricultural Projec | 0.011 | +22.22% | $1.7M | 25.4k |
TTT | Titomic Ltd | 1 | +22.09% | $126.9M | 1.5M |
VAR | Variscan Mines Ltd | 0.03 | +21.74% | $5.8M | 156.8k |
AFL | AF Legal Group Ltd | 0.14 | +21.74% | $8.4M | 562.8k |
AGE | Alligator Energy Ltd | 0.003 | +20.00% | $4.2M | 3.6M |
SKN | Skin Elements Ltd | 0.012 | +20.00% | $2.4M | 1.0M |
CFO | CFOAM Ltd | 0.07 | +20.00% | $11.7M | 91.4k |
AWN | Arowana International Ltd | 0.12 | +20.00% | $19.0M | 308.0k |
AMD | Arrow Minerals Ltd | 0.007 | +16.67% | $6.4M | 2.1M |
CE1 | Calima Energy Ltd | 0.007 | +16.67% | $15.1M | 656.9k |
DW8 | Digital Wine Ventures Ltd | 0.007 | +16.67% | $8.2M | 16.8M |
GTR | GTI Resources Ltd | 0.007 | +16.67% | $3.3M | 140.0k |
ICN | Icon Energy Ltd/Australia | 0.007 | +16.67% | $4.2M | 40.0k |
WRM | White Rock Minerals Ltd | 0.0035 | +16.67% | $6.6M | 27.8M |
Yesterday’s losers
Code | Name | Price | % Chg | Market Cap | Volume |
---|---|---|---|---|---|
SHK | Stone Resources Australia Ltd | 0.001 | -50.00% | $836K | 750.0k |
CAD | Caeneus Minerals Ltd | 0.001 | -50.00% | $2.6M | 4.0M |
IPT | Impact Minerals Ltd | 0.01 | -33.33% | $13.2M | 15.5M |
TRL | Tanga Resources Ltd | 0.001 | -33.33% | $1.9M | 2.2M |
MTB | Mount Burgess Mining NL | 0.001 | -33.33% | $1.1M | 100.0k |
APG | Austpac Resources NL | 0.002 | -33.33% | $5.8M | 9.5M |
GED | Golden Deeps Ltd | 0.011 | -26.67% | $3.1M | 415.0k |
SBR | Sabre Resources Ltd | 0.0015 | -25.00% | $1.3M | 7.1M |
PCH | Property Connect Holdings Ltd | 0.0015 | -25.00% | $1.0M | 465.2k |
BAS | Bass Oil Ltd | 0.0015 | -25.00% | $5.0M | 500.0k |
AMA | AMA Group Ltd | 0.59 | -24.36% | $431.6M | 59.4M |
BLK | Blackham Resources Ltd | 0.01 | -23.08% | $47.2M | 62.7M |
TSL | Titanium Sands Ltd | 0.03 | -22.50% | $24.1M | 445.1k |
CZL | Consolidated Zinc Ltd | 0.007 | -22.22% | $11.7M | 5.1M |
TMG | Trigg Mining Ltd | 0.05 | -21.67% | $2.7M | 148.9k |
NOR | Norwood Systems Ltd | 0.05 | -20.63% | $11.4M | 1.6M |
PNV | PolyNovo Ltd | 2.4 | -20.53% | $1.6B | 14.7M |
PKO | Peako Ltd | 0.012 | -20.00% | $1.5M | 100.1k |
LSA | Lachlan Star Ltd | 0.008 | -20.00% | $6.0M | 4.2M |
LNU | Linius Technologies Ltd | 0.02 | -20.00% | $18.9M | 5.2M |
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