Prime Minister Scott Morrison arrives for a press conference at Kirribilli House on July 16, 2021 in Sydney, Australia. Photo by Lisa Maree Williams/Getty Images
Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, small cap winners in BHP’s Tesla deal, should you care about the Fear Index spike, and are you ready for hyperbitcoinisation?
But first … the day ahead.
Scheduled to list today is GWR spinoff Western Gold Resources (ASX:WGR) – not to be confused with currently listed Western Areas, Westar Resources, Western Mines, or WestGold Resources.
MARKETS
Gold: $US1,806.45 ($2,446.11) (+0.17%)
Silver: $US25.423 (+0.77%)
Oil (WTI): $US71.7000 (+1.99%)
Oil (Brent): $US73.5900 (+1.88%)
Coal: $US148.77 (-0.11%)
Iron 62pc Fe: $US213.81 (-2.09%)
AUD/USD: $US0.7384 (+0.07%)
Bitcoin: $US$32,273.57 (+1.78%)
WHAT GOT YOU TALKING YESTERDAY?
A busy day for Tesla, as the EV maker looks to protect itself against the impending raw materials supply crunch.
Not 1, but 3 recent #nickel deals for @Tesla – read the @benchmarkmin take on Tesla’s nickel assault following the @bhp supply deal news:https://t.co/2i1eX1ytzC
— Caspar Rawles (@CDMRawles) July 22, 2021
To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.
For all you crypto lovers Stockhead’s Cryptohead Facebook group is the place to share your views, insights, tips and ideas.
Also, be sure to check in at 10.20am each day for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.
YESTERDAY’S WINNERS
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| PEK | Peak Resources | 0.135 | 48% | 54,542,174 |
| WOO | Wooboard Tech Ltd | 0.0025 | 25% | 1,167,001 |
| LSR | Lodestar Minerals | 0.011 | 22% | 3,081,866 |
| RIE | Riedel Resources Ltd | 0.017 | 21% | 431,643 |
| DTC | Damstra Holdings | 0.96 | 21% | 3,733,168 |
| GGX | Gas2Grid Limited | 0.003 | 20% | 264,166 |
| LPD | Lepidico Ltd | 0.0155 | 19% | 136,934,649 |
| KOR | Korab Resources | 0.025 | 19% | 2,813,941 |
| EM1 | Emerge Gaming Ltd | 0.038 | 19% | 64,967,475 |
| PSC | Prospect Res Ltd | 0.325 | 18% | 3,599,980 |
| GFN | Gefen Int | 0.93 | 16% | 589,275 |
| ESS | Essential Metals Ltd | 0.15 | 15% | 7,476,410 |
| NES | Nelson Resources. | 0.053 | 15% | 637,650 |
| OPN | Oppenneg | 0.355 | 15% | 11,723,934 |
| EVS | Envirosuite Ltd | 0.12 | 14% | 6,097,756 |
| TNG | TNG Limited | 0.073 | 14% | 5,815,945 |
| LIN | Lindian Resources | 0.025 | 14% | 2,944,186 |
| PGL | Prospa Group | 1.205 | 13% | 667,662 |
| PLL | Piedmont Lithium Inc | 0.775 | 13% | 16,138,331 |
| PDI | Predictive Disc Ltd | 0.1525 | 13% | 37,599,433 |
| DRE | Drednought Resources | 0.053 | 13% | 32,684,869 |
| 1VG | Victory Goldfields | 0.225 | 13% | 2,671,576 |
| MDC | Medlab Clinical Ltd | 0.18 | 13% | 512,533 |
| OKR | Okapi Resources | 0.36 | 13% | 1,547,238 |
| SUP | Superior Lake Res | 0.135 | 13% | 100,000 |
Peak Resources’ (ASX:PEK) rocketed 40% after its Ngualla rare earths project got the ‘green stamp’ for development by the cabinet of the Tanzanian Government.
That paves the way for financing, offtake and development, with construction at Ngualla targeted to kick off by the end of September 2022.
IT solutions company Damstra (ASX:DTC) leapt 20% after delivering a record a quarterly revenue of $9.1m in Q4, up 75% on previous corresponding period (pcp).
Emerge Gaming (ASX:EM1) rose 18% on a solid quarter update which includes a 19% quarter-on-quarter increase of cash receipts to $5.6 million.
After dropping 20% yesterday, Piedmont Lithium (ASX:PLL) clawed back 13% after partially addressing claims the company repeatedly delayed seeking approval from Gaston County in North Carolina for its proposed lithium mine.
“We confirmed last night that we would submit our North Carolina state mining permit application in August 2021 as planned,” president and CEO Keith Phillips said.
Meanwhile, fintech MoneyMe (ASX:MME) surged 7% in the wake of booming Q4 numbers. Among the highlights in its trading update, MME said new loan originations rose to $161m in Q4, up 391% from the prior year period.
YESTERDAY’S LOSERS
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Last | % | Volume |
|---|---|---|---|---|
| ANL | Amani Gold Ltd | 0.001 | -33.3% | 403,488 |
| PCL | Pancontinental Oil | 0.0015 | -25.0% | 1,515,072 |
| BAS | Bass Oil Ltd | 0.002 | -20.0% | 51,346 |
| EVE | EVE Investments Ltd | 0.004 | -20.0% | 62,262 |
| SBR | Sabre Resources | 0.004 | -20.0% | 17,602,935 |
| CGB | Cann Global Limited | 0.005 | -16.7% | 4,943,501 |
| RAN | Range International | 0.011 | -15.4% | 2,849,173 |
| 1AD | Adalta Limited | 0.099 | -13.9% | 3,614,852 |
| RAG | Ragnar Metals Ltd | 0.057 | -13.6% | 16,636,697 |
| MAN | Mandrake Res Ltd | 0.091 | -13.3% | 15,096,040 |
| BFC | Beston Global Ltd | 0.1 | -13.0% | 3,066,057 |
| ROG | Red Sky Energy. | 0.007 | -12.5% | 3,696,687 |
| EGY | Energy Tech Ltd | 0.14 | -12.5% | 6,250 |
| NET | Netlinkz Limited | 0.03 | -11.8% | 7,725,076 |
| R3D | R3D Resources Ltd | 0.195 | -11.4% | 8,277,822 |
| A1G | African Gold Ltd. | 0.2 | -11.1% | 62,036 |
| ARO | Astro Resources NL | 0.004 | -11.1% | 8,334,362 |
| CVS | Cervantes Corp Ltd | 0.008 | -11.1% | 625,000 |
| OEX | Oilex Ltd | 0.004 | -11.1% | 2,000,033 |
| MGL | Magontec Limited | 0.017 | -10.5% | 395,547 |
| AL8 | Alderan Resource Ltd | 0.052 | -10.3% | 247,339 |
| BDX | Bcaldiagnostics | 0.225 | -10.0% | 1,750,153 |
| HGO | Hillgrove Res Ltd | 0.045 | -10.0% | 3,028,407 |
| TYM | Tymlez Group | 0.018 | -10.0% | 5,239,414 |
| KFM | Kingfisher Mining | 0.185 | -9.8% | 55,137 |
