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

Good morning everyone, and welcome to 21 June, 2024 – an important day in the history of farming and often-dreadful folk rock music.

It was on this day in 1834 that an American inventor and businessman called Cyrus McCormick patented the reaping machine, a startling step forward that made farming a lot easier and briefly put Death out of a job.

It made sense to build a reaping machine, as the earliest sowing machine had been in use for quite some time, after Jethro Tull invented a seed-planting drill in 1701, before celebrating his achievement by recording seminal prog-rock masterpiece Aqualung 270 years later.

Luckily for you, you won’t need to know how to play the flute while standing on one leg in order to get the information you need before the market opens today.

If you fancy a pre-lunch tipple, we’ve got the good oil on some top shelf plonk and – as always – I’ve thrown together lots of fiddly little things below, so you don’t need to go ferreting all over the internet for your ASX info this morning.

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$2,343.54 (+0.74%)

Silver: US$30.35 (+1.99%)

Nickel (3mth): US$17,518/t (+2.91%)

Copper (3mth): US$9,809/t (+1.63%)

Zinc: US$2,816/t (+3.11%)

Oil (WTI): US$80.61 (-1.18%)

Oil (Brent): US$85.22 (+0.18%)

Iron 62pc Fe: US$107.11/t (0.00%)

AUD/USD: 0.6667 (+0.00%)

Bitcoin: US$65,424.90 (+0.74%)

WHAT GOT YOU TALKING

Christian’s deep dive into the colourful world of Indian stocks is definitely worth a read if you missed it.

Indian #stocks closed at record highs for the third straight session on Tuesday, led by gains in #IT and #financial stocks. #India https://t.co/2y0fEOZpwb

— Stockhead (@StockheadAU) June 19, 2024

YESTERDAY’S ASX SMALL CAP LEADERS

Here are the best performing ASX small cap stocks:

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

Code Name Price % Change Volume Market Cap TM1 Terra Metals Limited 0.083 168% 74,882,618 $9,169,140 JAV Javelin Minerals Ltd 0.002 100% 3,752,488 $2,501,231 AYM Australia United Min 0.003 50% 569,477 $3,685,155 RIL Redivium Limited 0.003 50% 8,095,148 $5,461,710 YPB YPB Group Ltd 0.003 50% 1,039,999 $1,615,923 KOR Korab Resources 0.007 40% 2,239,047 $1,835,250 AHF Aust Dairy Limited 0.025 39% 4,752,384 $11,634,602 GYG Guzman Y Gomez Ltd 30.29 38% 3,328,507 $2,229,764,108 HXG Hexagon Energy 0.015 36% 1,553,850 $5,642,075 OAU Ora Gold Limited 0.006 33% 23,370,903 $32,135,218 ZGL Zicom Group Limited 0.077 31% 83,481 $12,659,040 ASV Assetvisonco 0.022 29% 140,789 $12,339,222 CBL Control Bionics 0.055 28% 16,482,526 $8,569,331 CTO Citigold Corp Ltd 0.005 25% 774,855 $12,000,000 GCM Green Critical Min 0.005 25% 7,898,507 $4,546,340 ICU Investor Centre Ltd 0.005 25% 703,329 $1,218,045 RLG Roolife Group Ltd 0.005 25% 5,562 $3,129,527 SIH Sihayo Gold Limited 0.0025 25% 913,000 $24,408,512 TAS Tasman Resources Ltd 0.005 25% 61,000 $2,850,677 ARN Aldoro Resources 0.08 21% 1,683,878 $8,885,167 BTR Brightstar Resources 0.018 20% 54,753,904 $68,549,770 TSL Titanium Sands Ltd 0.006 20% 227,135 $11,058,736 PFE Panteraminerals 0.035 17% 119,970 $8,044,997 AN1 Anagenics Limited 0.007 17% 189,726 $2,767,922

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Up 177% at the time of writing, Terra Metals (ASX:TM1) was the best of the bunch on Thursday, taking off on news that early-stage drilling has hit multiple copper platinum group element (PGE) reefs from surface, only 15km down the road from BHP’s (ASX:BHP) $1.7 billion Nebo-Babel mine development.

The WA-focused critical minerals junior explorer reports early-stage drilling at the company’s Dante project in West Musgrave has confirmed the multiple “Platreef-style” PGE reefs from surface.

The results hail from a further 14 wide-spaced, “first-pass reconnaissance” drill holes at Dante Reefs, and these are defined so far over 4.5km of the Reef 1 and 2 targets, with mineralisation open along strike and downdip.

Up about 36% was Hexagon Energy Materials (ASX:HXG) which has completed a funding round which it says takes the company to the FEED stage of its WAH2 low-emissions ammonia project.

The funding round of A$1 million (A$0.94 million net of fees) was completed with funds to be received by tomorrow – 21 June 2024.

HXG says to minimise dilution to existing shareholders, the funding was structured as a convertible note which references future share prices to allow Hexagon to achieve a higher effective issue price from any higher valuations after re-rating as announcements are made, whilst also guaranteeing a minimum conversion price of A$0.02.

Junior uranium and goldie Haranga Resources’ (ASX:HAR) main game is in West Africa, primarily Senegal. The company’s portfolio spans Senegal, Cote d’Ivoire, and Burkina Faso, covering 2,702sqkm across seven tenements, and its share price was up nicely on Thursday as well.

HAR upgraded uranium resources at its Saraya project in West Africa to 16.11 million pounds, with the majority of this within 140m from surface.

Control Bionics (ASX:CBL) was also moving quickly on Thursday morning, after revealing that its autonomous wheelchair module, DROVE, has been officially included as a Class 1 Medical Device in the Australian Register of Therapeutic Goods, which means CBL can now commence commercial sales of the DROVE module in Australia.

And Aldoro Resources (ASX:ARN) was the next best performer, climbing nicely after announcing that the company has picked up some crackerjack rock chip samples at its Kameelburg carbonatite project.

Results from 74 newly collected samples are in and those highlight the REE-rich nature of the carbonatite with TREO(+Y) assays ranging from 1.16 to 9.89%. The most notable niobium assays revealed up to 10.38% Nb2O5 and 9.89% TREO.

YESTERDAY’S ASX SMALL CAP LAGGARDS

Here are the worst performing ASX small cap stocks:

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

Code Name Price % Change Volume Market Cap JAV Javelin Minerals Ltd 0.001 -50% 856,699 $5,002,462 ME1 Melodiol Glb Health 0.021 -48% 9,061,967 $1,457,991 RIL Redivium Limited 0.002 -33% 276,377 $8,192,564 NGY Nuenergy Gas Ltd 0.018 -28% 436,200 $37,023,887 IMI Infinitymining 0.020 -26% 182,801 $3,206,342 AML Aeon Metals Ltd. 0.006 -25% 4,616,138 $8,771,205 BFC Beston Global Ltd 0.003 -25% 2,308,091 $7,988,188 TD1 Tali Digital Limited 0.002 -25% 174,569 $6,590,311 CDT Castle Minerals 0.005 -23% 9,594,788 $7,959,204 ANR Anatara Ls Ltd 0.031 -23% 45,293 $7,645,749 WBE Whitebark Energy 0.011 -21% 1,001,800 $2,688,005 HLI Helia Group Limited 3.365 -20% 5,202,437 $1,229,289,064 BCT Bluechiip Limited 0.004 -20% 836,000 $5,910,198 BUY Bounty Oil & Gas NL 0.004 -20% 18,206,226 $7,492,505 CRB Carbine Resources 0.004 -20% 750,000 $2,758,689 FAU First Au Ltd 0.002 -20% 163,000 $4,154,983 NSM Northstaw 0.016 -20% 107,310 $2,797,516 ROG Red Sky Energy. 0.004 -20% 2,942,094 $27,111,136 TMR Tempus Resources Ltd 0.004 -20% 296,407 $5,154,994 TX3 Trinex Minerals Ltd 0.002 -20% 3,375,088 $4,571,631 BNL Blue Star Helium Ltd 0.009 -18% 25,000 $21,364,918 SIX Sprintex Ltd 0.041 -18% 470,002 $26,356,240 NNL Nordicnickellimited 0.067 -17% 4,713 $10,520,592 ICE Icetana Limited 0.015 -17% 224,441 $4,763,312

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