And just like that, it’s Monday again. But never fear, there’s plenty to make the week fly by.

On Stockhead today, we look at why these 56 small cap mining stocks are suspended, directors are finally back buying into their own companies, and we kick off our an interview series on the scandalously few women leading small cap boards.

But first, here’s what you need to know right now:

 

The week ahead in data

Nothing today, but tomorrow will see ANZ Roy Morgan consumer confidence figures released.

Wednesday will see the Australian Bureau of Statistics release data on construction work around the country.

Thursday and Friday are jam-packed: on the former Bloomberg releases its January Australian economic survey, while the Reserve Bank of Australia releases data on private capital expenditure and private sector credit figures.

The latter sees the Australian Industry Group releases monthly figures on manufacturing companies, CoreLogic drops housing data and the RBA releases commodity index data.

 

Company news

Aeeris (ASX:AER) and Integral Diagnostics (ASX:IDX) have 127,500 and 776,720 shares each coming out of escrow today, and a whole host of companies will release shares from escrow this week. Catch up on who at this link.

There’s also three companies due out of a trading halt today: Pure Minerals (ASX:PM1) regarding its acquisition of Queensland Pacific Minerals, Millennium Minerals (ASX:MOY) with a cap raise and Gazal Corp (ASX:GZL) with an announcement relating to a “potential control transaction”.

 

Commodities

Gold: $US1,327.71 +0.35%

Silver: $US15.9160 +0.64

Oil (Brent): $US67.1200 +0.07%

Oil (WTI): $US57.26 +0.53%

Coal: $US93.45 -0.05%

Iron ore 62% fe: $US88.16 +0.15%

AUD/USD: $US0.733 +0.06%
 

Want this headstart in your inbox every morning at 8am? Go on. Subscribe here. It’s free.

 

What got you talking last week

Over on the Stockhead Facebook group — click here to join the fun — there was plenty of action.

Reports China is banning the import of Australian coal is not good news for our coal miners, wrote Stockhead senior resources journalist Angela East, but there is assurance that a long-term ban is unlikely.

There was also chatter about millennials and their investing habits, courtesy of an article by Stockhead senior journalist Rachel Williamson.

Over on stock gossip forum HotCopper, these were the most discussed stocks by Friday close:

No surprise to see Afterpay (ASX:APT) in there, after a Senate inquiry released its report into the buy now pay later sector.

 

 

This week’s winners

The standout this week by far was Leigh Creek Energy (ASX:LCK), which admitted on Tuesday that it can now produce commercial quantities of synthetic gas.

Shares ended the week 119 per cent higher at 19.5c.

Leigh Creek has been testing a pilot plant which converts underground coal into gas, which it plans to turn into products like fertiliser. It had first gas from the plant in October.

The plant has now achieved a peak flow of 7.5 million cubic feet per day.

That equates to 2.7 billion cubic feet each year from just one chamber, but Leigh Creek plans to operate up to 20 chambers at any one time.

Copper miner Hot Chili (ASX:HCH), meanwhile, climbed 93 per cent to close the week out at 2.7c.

And when a small company rockets higher out of nowhere like this, the ASX often echoes the sentiments of Marvin Gaye and asks: what’s going on?

But Hot Chili pleaded ignorance, saying it didn’t know why and had nothing on the table that could have spurred the sharp rise.

Ticker Name Market cap Price this Friday Price last Friday % change
HCH HOT CHILI LTD $ 30,075,360.00 0.027 0.014 121.4286
LCK LEIGH CREEK ENERGY LTD $ 86,147,216.00 0.19 0.089 96.6292
QTG Q TECHNOLOGY GROUP LTD $ 1,351,855.38 0.009 0.005 80
AKN AUKING MINING LTD $ 1,398,876.75 0.0015 0.001 50
KLH KALIA LTD $ 7,543,042.00 0.003 0.002 50
LKO LAKES OIL NL $ 49,087,904.00 0.001 0.001 50
LPD LEPIDICO LTD $ 93,972,904.00 0.027 0.019 47.3684
BNO BIONOMICS LTD $ 92,596,600.00 0.16 0.12 41.6667
VMS VENTURE MINERALS LTD $ 13,015,300.00 0.024 0.018 38.8889
HWK HAWKSTONE MINING LTD $ 12,546,996.00 0.022 0.016 37.5
WWI WEST WITS MINING LTD $ 8,506,091.00 0.01 0.008 37.5
GZL GAZAL CORP LTD $ 269,465,696.00 6.05 4.4 37.0455
KLL KALIUM LAKES LTD $ 80,510,464.00 0.43 0.32 34.375
HGM HIGH GRADE METALS LTD $ 5,435,254.50 0.012 0.009 33.3333
MHC MANHATTAN CORP LTD $ 2,965,114.75 0.004 0.003 33.3333
NSE NEW STANDARD ENERGY LTD $ 3,152,239.25 0.004 0.003 33.3333
RNX RENEGADE EXPLORATION LTD $ 2,850,506.50 0.004 0.003 33.3333
RNY RNY PROPERTY TRUST $ 2,107,311.00 0.008 0.006 33.3333
SYT SYNTONIC LTD $ 23,856,882.00 0.007 0.006 33.3333
TPD TALON PETROLEUM LTD $ 5,040,491.50 0.003 0.003 33.3333

 

This week’s losers

On the flipside, the biggest loser of the week was Energy Technologies (ASX:EGY), which slumped 65 per cent to 14c.

The company has been going through a recapitalisation.

It’s complicated, but the company and its lenders, including the holders of debentures and notes issued by the company and its subsidiary, Bambach Wire & Cables, have agreed to convert all of their existing unredeemed and unconverted debt into ordinary shares in the company.

Ticker Name Market cap Price this Friday Price last Friday % change
ANL AMANI GOLD LTD $ 7,385,455.00 0.003 0.004 -25
ADV ARDIDEN LTD $ 5,030,640.50 0.0035 0.004 -25
CLZ CLASSIC MINERALS LTD $ 4,072,488.00 0.002 0.002 -25
IAM INTIGER GROUP LTD $ 10,067,375.00 0.007 0.008 -25
IVO INVIGOR GROUP LTD $ 7,780,546.50 0.0035 0.004 -25
MTB MOUNT BURGESS MINING NL $ 1,326,238.13 0.003 0.004 -25
NOR NORWOOD SYSTEMS LTD $ 4,326,962.00 0.003 0.004 -25
RXH REWARDLE HOLDINGS LTD $ 1,578,964.50 0.002 0.004 -25
SRO SHAREROOT LTD $ 2,354,181.50 0.002 0.002 -25
XPE XPED LTD $ 2,260,246.25 0.0015 0.002 -25
AO1 ASSETOWL LTD $ 893,850.69 0.01 0.014 -28.5714
MRV MORETON RESOURCES LTD $ 15,534,852.00 0.005 0.007 -28.5714
SVH SILVER HERITAGE GROUP LTD $ 12,612,198.00 0.01 0.014 -28.5714
BIT BIOTRON LTD $ 41,085,988.00 0.069 0.097 -28.866
ZNO ZOONO GROUP LTD $ 13,856,080.00 0.085 0.12 -29.1667
MPR MPOWER GROUP LTD $ 5,326,403.50 0.035 0.05 -30
ARO ASTRO RESOURCES NL $ 2,544,194.75 0.002 0.003 -33.3333
EVE EVE INVESTMENTS LTD $ 9,094,124.00 0.004 0.006 -33.3333
MNC METMINCO LTD $ 2,375,881.25 0.002 0.003 -33.3333
NWE NORWEST ENERGY NL $ 6,764,185.50 0.003 0.003 -33.3333

 

That’s all you need to know. Hop to it!