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

Good morning everyone, and welcome to Thursday, 9 November.

On Stockhead today…

Western Australia is updating its official Battery and Critical Mineral Strategy for 2024-2030 and has released a consultation paper seeking feedback from “stakeholders” – the mining and minerals exploration industry – to help inform the way forward. Meanwhile, Piedmont Lithium has hit a milestone, turning in inaugural revenue and profit on lithium shipments.
Rob Badman’s got it all – what’s hot, what’s not on the ASX for battery metals players.

But first..

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$1,983.80 (-0.43%)

Silver: US$23.14 (-0.27%)

Nickel (3mth): US$17,979/t (-0.19%)

Copper (3mth): US$8,143/t (+0.41%)

Oil (WTI): US$80.97 (+0.57%)

Oil (Brent): US$85.35 (+0.55%)

Iron 62pc Fe: US$126.15/t (+0.46%)

AUD/USD: 0.6509 (+0.03%)

Bitcoin: US$34,889 (-0.8%)

WHAT GOT YOU TALKING

Iron ore is a big dog’s game and juniors have been battling for time in the box seat since Gretchen Wieners tried to make fetch happen. So after dumping a controversial mega iron ore project, can the former Flinders Mines reinvent itself as the king of the iron ore juniors?

GTI Energy’s (ASX:GTR) is planning an initial drill program of up to 26-holes at Lo Herma to upgrade the maiden 71Mlbs inferred resource released during the September quarter. Drilling is also set to target exploration potential along trend in the Wasatch Formation and in the deeper Fort Union Formation which Cameco produces from ~10 miles west.

And this…

Cashed-up explorers with tight capital structure and projects with proximity to not one but several significant critical mineral projects are far from common, so Bubalus possess all these qualities certainly marks it as a standout. https://t.co/94bc6l2RoL #ad #ASX @Bubalus_ASX

— Stockhead (@StockheadAU) November 7, 2023

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 Company Price % Volume Market Cap CLE Cyclone Metals 0.002 100% 24,818,999 $10,264,505 GSM Golden State Mining 0.025 56% 28,362,763 $3,057,412 WML Woomera Mining Ltd 0.017 42% 50,596,660 $11,474,335 NIS Nickel Search 0.12 41% 33,126,972 $13,625,272 TG6 TG Metals 1.1 40% 8,362,477 $31,636,710 AZL Arizona Lithium Ltd 0.032 39% 108,982,379 $76,332,079 BRN Brainchip Ltd 0.25 39% 31,167,355 $322,210,466 KZA Kazia Therapeutics 0.11 38% 1,035,042 $18,907,950 HMD HeraMED Limited 0.045 36% 399,133 $9,223,968 SMN Structural Monitor 0.7 35% 360,868 $69,773,406 GRE Greentech Metals 0.85 33% 2,786,192 $36,370,488 QXR Qx Resources Limited 0.034 31% 10,948,300 $28,748,924 OZM Ozaurum Resources 0.155 29% 8,586,453 $19,050,000 BUS Bubalus Resources 0.205 28% 265,780 $5,147,788 KOB Koba Resourcesl 0.084 25% 15,862 $7,062,917 AM7 Arcadia Minerals 0.08 25% 235,334 $6,979,206 GTG Genetic Technologies 0.0025 25% 28,816 $23,083,316 RLC Reedy Lagoon Corp. 0.005 25% 651,603 $2,466,734 NWC New World Resources 0.032 23% 11,894,033 $58,805,293 IMU Imugene Limited 0.081 23% 220,046,714 $472,888,341 ARV Artemis Resources 0.033 22% 13,685,300 $42,590,296 HTA Hutchison 0.036 20% 23,370 $407,175,257 NXS Next Science Limited 0.36 20% 581,573 $87,508,531 1MC Morella Corporation 0.006 20% 388,626 $30,817,964

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Yesterday’s Small Caps highlights:

It was a good day for Golden State Mining (ASX:GSM), up after announcing a series of pegmatite dyke “swarms” at Paynes Find Central and Paynes Find North in the Murchison region of WA with samples off to the lab for lithium analysis and drilling likely early next year.

Technology is improving monitoring of pregnancy with medtech company focusing on maternity care, HeraMED (ASX:HMD), today announcing a trial for up to 90 pregnancies for six to nine months at Gold Coast Hospital to evaluate clinical useability, patient satisfaction, and economic analysis of the HeraCARE and HeraBEAT platforms.

For more market winning announcements head to today’s In Case You Missed It.

YESTERDAY’S ASX SMALL CAP LAGGARDS

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

Code Company Price % Volume Market Cap BOD BOD Science Ltd 0.031 -45% 4,464,985 $9,930,956 HFY Hubify Ltd 0.015 -29% 180,810 $10,418,862 PUA Peak Minerals Ltd 0.003 -25% 22,000 $4,165,506 KGD Kula Gold Limited 0.012 -20% 970,095 $5,598,179 MXO Motio Ltd 0.028 -20% 271,328 $9,386,942 CHK Cohiba Min Ltd 0.002 -20% 1,000,000 $5,533,110 KPO Kalina Power Limited 0.004 -20% 3,260,726 $7,575,979 LSR Lodestar Minerals 0.004 -20% 14,099,682 $10,116,987 RIE Riedel Resources Ltd 0.004 -20% 61,701 $10,297,035 CR1 Constellation Res 0.105 -19% 40,022 $6,487,705 EPM Eclipse Metals 0.009 -18% 4,660,730 $22,481,847 ESK Etherstack PLC 0.25 -17% 15,378 $39,572,101 FRS Forrestania Resources 0.03 -17% 460,497 $3,682,858 CXU Cauldron Energy Ltd 0.01 -17% 6,914,811 $11,682,824 ECT Env Clean Tech 0.005 -17% 105,629 $17,085,331 TAS Tasman Resources Ltd 0.005 -17% 536 $4,276,016 PEC Perpetual Res Ltd 0.016 -16% 376,783 $11,754,650 AS2 Askari Metals 0.14 -15% 172,878 $12,672,035 CVB Curvebeam Ai Limited 0.3 -14% 80,029 $64,002,398 8IH 8I Holdings Ltd 0.012 -14% 43,500 $5,002,984 ADR Adherium Ltd 0.003 -14% 3,363,016 $17,497,929 LRL Labyrinth Resources 0.006 -14% 30,303 $8,312,806 MOH Moho Resources 0.006 -14% 416,452 $2,380,311 MTL Mantle Minerals Ltd 0.003 -14% 3,264,156 $21,516,060 PXX Polarx Limited 0.006 -14% 599,999 $10,917,317

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