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

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