Weekly small cap wrap: who missed the boat?

ASX SMALL CAP WINNERS:

BPH Energy (ASX:BPH) +100%

Oil and gas investor BPH Energy recently took a stake in private medical cannabis company Patagonia Genetics.

This makes BPH one of the few ASX-listed players with exposure to South American cannabis, which it reckons has serious market advantages.

Big Star Energy (ASX:BNL) +100%

Big Star Energy (ASX:BNL) hit a 2019 high after confirming high grade helium anomalies at the Enterprise prospect in the US.

Helium is a critical to a bunch of modern technology applications, from telecommunications to nuclear power stations.

It also can’t be replaced, which means demand for the gas is poised to rise exponentially in the years ahead.

Classic Minerals (ASX:CLZ) +50%

WA-focused gold explorer Classic is hitting serious gold at its Forrestania project.

Recent drilling at Kat Gap has shown that high-grade gold mineralisation “continues down-dip with increasing width”.

Examples include 1m grading 125g/t gold from 126m, include a larger 9m section grading 20.94g/t. Fantastic stuff.

Poseidon Nickel (ASX:POD) +42%

Poseidon is taking advantage of burgeoning nickel prices and accelerating the restart of its Black Swan operations in WA.

CEO David Riekie said it was an important and critical time for Poseidon in the context of rising nickel prices.

“Poseidon has over the past month been de-risking and improving the bases for a positive restart decision,” he says.

“This has included the recent rounds of drilling at Silver Swan, which has enabled a significant upgrade in the inferred and indicated resource.

“Combined with the earlier drilling at Black Swan and the current underground RC drilling, Poseidon is seeking to build on the projects underlying fundamentals.”

Here are the best performing ASX small cap stocks for Aug 30 – Sep 6 [intraday]

Swipe or scroll to reveal full table. Click headings to sort:

Code	Name	Price last Friday	Price this Friday	1 Week Return %	Market Cap
PPL	PUREPROFILE	0.010	0.022	120	$2,641,331.00
BNL	BIG STAR ENERGY	0.009	0.018	100	$8,452,768.00
TMK	TAMASKA OIL & GAS	0.001	0.002	100	$3,920,000.00
BPH	BPH ENERGY	0.001	0.002	100	$5,980,555.50
PGY	PILOT ENERGY	0.045	0.075	67	$7,629,181.50
RD1	REGISTRY DIRECT	0.012	0.020	67	$3,447,466.50
CGS	COGSTATE	0.205	0.310	51	$46,113,536.00
CLZ	CLASSIC MINERALS	0.002	0.003	50	$13,059,060.00
SVA	SIMAVITA	0.008	0.012	50	$5,013,337.50
AVW	AVIRA RESOURCES	0.002	0.003	50	$3,000,000.00
DTM	DART MINING	0.004	0.006	50	$6,104,257.00
OEX	OILEX	0.002	0.003	50	$8,634,193.00
LKO	LAKES OIL	0.001	0.002	50	$50,048,924.00
PSM	PENINSULA MINES	0.002	0.003	50	$3,038,616.25
LMG	LATROBE MAGNESIUM	0.006	0.009	50	$11,668,528.00
SDA	SPEEDCAST INTERNATIONAL	0.775	1.185	48	$274,503,744.00
TTB	TOTAL BRAIN	0.036	0.052	44	$40,439,796.00
AR9	ARCHTIS	0.091	0.135	43	$16,002,608.00
POS	POSEIDON NICKEL	0.038	0.057	42	$142,705,904.00
CCZ	CASTILLO COPPER	0.012	0.016	42	$10,907,106.00
HWK	HAWKSTONE MINING	0.012	0.017	42	$11,735,406.00
ORM	ORION METALS	0.010	0.014	40	$6,861,364.00
UUV	UUV AQUABOTIX	0.005	0.007	40	$2,841,563.25
ARL	ARDEA RESOURCES	0.455	0.645	38	$69,716,968.00
RBR	RBR GROUP	0.013	0.015	38	$12,892,764.00
CCA	CHANGE FINANCIAL	0.060	0.078	35	$8,006,334.00
RFN	REFFIND	0.003	0.004	33	$2,562,000.00
AKN	AUKING MINING	0.002	0.001	33	$1,865,168.88
LCY	LEGACY IRON ORE	0.003	0.004	33	$5,873,056.50
PAA	PHARMAUST	0.105	0.140	33	$39,230,968.00

ASX SMALL CAP LOSERS:

Kin Mining (ASX:KIN) -43%

Gold developer Kin was punished by the market after releasing a sub-par project study last Friday morning.

PFS numbers on its Cardinia project in WA — like a 17 per cent internal rate of return (IRR) on a base case $2,000/oz gold price — did not go down well.

Kin said the project, if developed, would process 11.4 million tonnes of ore at a relatively low grade of 1.09 grams per tonne (g/t) for 398,000 ounces over an initial 8.2-year mine life.

Here are the worst performing ASX small cap stocks for Aug 30 – Sep 6 [intraday]

Swipe or scroll to reveal full table. Click headings to sort:

Code	Name	Price last Friday	Price this Friday	1 Week Return %	Market Cap
IMS	IMPELUS	0.008	0.006	-25	$4,153,299.00
AOA	AUSMON RESOURCES	0.004	0.003	-25	$1,648,918.00
CAV	CARNAVALE RESOURCES	0.004	0.004	-25	$4,456,211.00
SYT	SYNTONIC	0.002	0.002	-25	$5,094,888.00
VAL	VALOR RESOURCES	0.008	0.006	-25	$11,359,154.00
GPP	GREENPOWER ENERGY	0.002	0.002	-25	$3,003,368.00
INP	INCENTIAPAY	0.028	0.021	-25	$5,094,984.00
IVR	INVESTIGATOR RESOURCES	0.033	0.023	-27	$19,959,328.00
ZGL	ZICOM GROUP	0.110	0.080	-27	$17,588,404.00
LRS	LATIN RESOURCES	0.025	0.018	-28	$2,802,576.00
MRV	MORETON RESOURCES	0.007	0.004	-29	$15,534,852.00
DTI	DTI GROUP	0.031	0.022	-29	$4,952,862.50
VPR	VOLT POWER GROUP	0.002	0.001	-33	$8,244,533.50
GGE	GRAND GULF ENERGY	0.003	0.002	-33	$1,534,997.75
XPE	XPED	0.002	0.001	-33	$1,506,830.75
PNN	PEPINNINI LITHIUM	0.003	0.002	-33	$2,476,023.50
RIM	RIMFIRE PACIFIC MINING	0.003	0.002	-33	$2,680,983.50
ARO	ASTRO RESOURCES	0.003	0.002	-33	$2,544,194.75
DDD	3D RESOURCES	0.003	0.002	-33	$2,314,442.25
ACP	AUDALIA RESOURCES	0.008	0.005	-38	$3,210,681.00
KIN	KIN MINING	0.075	0.043	-43	$20,784,968.00
CAD	CAENEUS MINERALS	0.002	0.001	-50	$2,141,260.25
RPG	RAPTIS GROUP	0.047	0.020	-57	$3,056,848.50