On Stockhead today, why Angie Ellis loves this low-cost jewellery business, which ASX resources stocks made the gains in August, and Fred Schebesta’s bull case for Bitcoin.

But first … the day ahead.

Local shares are set to open higher today. At 8am AEST, the ASX 200 September futures contract is pointing up by 0.10%.

TRADING HALTS

The following companies went into trading halts yesterday and are expected out in the next few days:

Hastings Technology Metals (ASX:HAS) – HAS is raising capital because the Normans are coming, and suits of armour are a bit pricey. We’ll have more news as soon as the tapestry’s finished.

Magnetic Resources (ASX:MAU) – Magnetic’s raising capital to make themselves more… attractive. Badum-tish! Tip your waitress, eat the veal, etc.

Scout Security (ASX:SCT) – SCT’s holding a capital raise to keep us all safe from marauding Boy Scouts.

Regal Partners (ASX:RPL) – Regal’s got news of a non-underwritten 1 for 5 pro rata accelerated non-renounceable entitlement offer.

Triton Minerals (ASX:TON) – It’s a capital raise,  to allow TON to continue to be a true Triton of Industry. At least I think that’s what the guy said.

Rafaella Resources (ASX:RFR) –  Rafaella has an announcement to the market relating to a significant new asset acquisition. I reckon it’s a speedboat. Those things are cool.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1,709.53 (-0.01%)

Silver: $US18.15(+0.71%)

Nickel (3mth): $US21,600/t (+5.22%)

Copper (3mth): $US7,674/t (+0.54%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, Aug 17): $US71,200/t (+90.2% year-to-date)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, Aug 17): $US71,775/t (+127.4% year-to-date)

Oil (WTI): $US88.87 (+2.30%)

Oil (Brent): $US94.80 (+1.92%)

Iron 62pc Fe: $US95.55 (-0.77%)

AUD/USD: 0.6796 (-0.10%)

Bitcoin: $US19,748 (-0.60%)

 

WHAT GOT YOU TALKING YESTERDAY?

Lotus (ASX:LOT) MD reckons uranium will have its lithium moment.


Keep up to date with Stockhead coverage or you’ll miss gold like that EVERY DAY. Follow our Twitter page.

For all you crypto lovers Stockhead’s Coinhead Facebook group is the place to share your views, insights, tips and ideas.

Also, be sure to check in preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

 

YESTERDAY’s BIGGEST SMALL CAP WINNERS

(Stocks highlighted in yellow rose after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

Code Company Price % Volume Market Cap
CCE Carnegie Cln Energy 0.003 50% 1,400,662 $30,205,147
T3D 333D Limited 0.0015 50% 540,000 $3,054,297
FMS Flinders Mines Ltd 0.75 42% 85,117 $89,489,746
AJL AJ Lucas Group 0.135 38% 7,076,434 $117,236,090
FRS Forrestania Resources 0.195 30% 193,174 $5,004,196
1ST 1St Group Ltd 0.009 29% 197,720 $9,017,217
CXU Cauldron Energy Ltd 0.0125 25% 4,561,509 $5,354,113
VAL Valor Resources Ltd 0.01 25% 53,095,476 $29,268,278
CMD Cassius Mining Ltd 0.038 23% 4,390,373 $12,515,968
SPD Southern Palladium 1.15 21% 203,858 $40,924,411
AUK Aumake Limited 0.006 20% 175,007 $3,857,235
MRD Mount Ridley Mines 0.006 20% 13,545,990 $29,372,642
CAU Cronos Australia 0.55 20% 910,915 $255,010,523
BLG Bluglass Limited 0.038 19% 5,945,249 $40,824,090
RTR Rumble Res Limited 0.32 19% 1,284,769 $168,043,882
LCT Living Cell Tech. 0.013 18% 2,930,183 $14,139,001
RCL Readcloud 0.2 18% 787,500 $20,360,037
FLN Freelancer Ltd 0.305 17% 229,429 $117,317,748
ARU Arafura Resource Ltd 0.34 17% 12,846,483 $500,125,754
HAR Haranga Resources 0.205 17% 541,900 $7,317,454
RNX Renegade Exploration 0.007 17% 685,714 $5,337,760
EPX Ept Global Limited 0.064 16% 126,249 $10,003,499
POL Polymetals Resources 0.18 16% 297,645 $6,383,317
DC2 Dctwo 0.052 16% 23,392 $2,381,733
HAL Halo Technologies 0.335 16% 77,875 $37,556,632
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Flinders Mines (ASX:FMS) gained 32% on news that BBIG Group has pulled the plug on its farm-in agreement with FMS, which Flinders says is an opportunity for it to pursue “a more flexible and staged development of its Pilbara Iron Ore Project (PIOP) as sole owner”.

As Gregor Stronach gently pointed out, it looks like someone finally got around to reading AJ Lucas Group’s (ASX:AJL) results announcement from last week, as its price fired up 38%, and Cronos Australia (ASX:CAU) looks to be taking full advantage of market interest in cannabis products, up 20.65% yesterday for a 60.8% gain for the week.

Also up into double digits was TechGen Metals (ASX:TG1) which has inked a binding farm-in term sheet with Rio Tinto (ASX:RIO) over its Harbutt Range Project in WA’s Paterson Province.

The Paterson is host to several world-class operating mines such as the Nifty Copper Mine, the Telfer Gold-Copper Mine and more recent new discoveries including the Winu Copper-Gold deposit and Havieron Gold-Copper deposit.

Under the farm-in and joint venture, RIO may earn an 80% joint venture interest in the project by sole funding $3m of exploration within five years.

 

YESTERDAY’S BIGGEST SMALL CAP LOSERS

(Stocks highlighted in yellow fell after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

Code Company Price % Volume Market Cap
AMS Atomos 0.185 -26% 11,888,199 $55,587,896.25
MME Moneyme Limited 0.515 -25% 3,343,561 $164,114,585.94
CGO CPT Global Limited 0.365 -24% 203,218 $19,971,428.64
AE1 Aerison 0.15 -23% 116,764 $59,657,810.16
FEX Fenix Resources Ltd 0.28 -22% 4,439,634 $196,637,011.20
MBX Myfoodieboxlimited 0.073 -22% 66,008 $3,115,499.54
SPN Sparc Tech Ltd 0.7 -20% 150,121 $59,381,430.24
OAR OAR Resources Ltd 0.004 -20% 7,135,636 $10,855,189.49
ROO Roots Sustainable 0.004 -20% 30,000 $3,748,163.44
HVM Happy Valley 0.039 -19% 92,000 $10,201,418.21
RD1 Registry Direct 0.014 -18% 1,809,865 $7,106,754.89
HIL Hills Ltd 0.066 -18% 2,208,518 $18,558,842.08
WFL Wellfully Limited 0.027 -17% 791,644 $9,057,659.98
AYM Australia United Min 0.005 -17% 322,000 $11,055,464.91
BDG Black Dragon Gold 0.04 -17% 199,634 $9,632,162.64
AL3 Aml3D 0.105 -16% 290,326 $23,507,928.00
SPT Splitit 0.16 -16% 4,716,771 $89,569,226.39
ICN Icon Energy Limited 0.016 -16% 1,100,000 $14,340,629.81
PBH Pointsbet Holdings 2.445 -16% 4,776,409 $886,343,405.30
DGL DGL Group Limited 1.5575 -15% 7,759,311 $513,812,404.48
BPP Babylon Pump & Power 0.006 -14% 6,342,283 $17,204,399.40
BRK Brookside Energy Ltd 0.012 -14% 12,261,782 $70,171,820.59
RNX Renegade Exploration 0.006 -14% 220,000 $6,227,386.47
SPX Spenda Limited 0.012 -14% 4,332,090 $44,768,287.75
YPB YPB Group Ltd 0.006 -14% 2,604,835 $2,845,823.07
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