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

Good morning everyone, and welcome to Monday, 13 November.

On Stockhead today…

Experts believe China’s move last month to introduce graphite export permits from December could potentially disrupt supply chains, raise costs, and affect production.
Others believe it presents an opportunity for countries outside of China to diversify their sourcing and reduce dependence on the Middle Kingdom. Countries like Australia, with graphite stocks like these four that Jess Cummins has had a look at.

IF the rental market seemed tight before, then these few tidbits from PropTrack and Realestate.com.au are going to be hard to swallow.New PropTrack research has found the national rental vacancy rate fell to a new, horrible record low of 1.02% in October, down, down, down 0.06 percentage points (ppt) month-on-month.

But first..

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$1,938.09 (-1.03%)

Silver: US$22.25 (-1.64%)

Nickel (3mth): US$17,813/t (-0.3%)

Copper (3mth): US$8,147/t (-0.4%)

Oil (WTI): US$77.17 (+1.89%)

Oil (Brent): US$81.63 +2.02%)

Iron 62pc Fe: US$128.07/t (+0.54%)

AUD/USD: 0.6367 (-0.03%)

Bitcoin: US$36,895 (-1.19%)

WHAT GOT YOU TALKING

The Airbnb of the caravan and motorhome sector, Camplify (ASX:CHL) is cruising along in both its home market and in Europe, where it has expanded via acquisition. Tim Boreham explores the one enduring question for the company: whether Camplify is vulnerable to new competition as the peer-to-peer accommodation giants cotton on to the opportunity.

And this…

NEOM, the huge, high-tech city state planned for northwest Saudi Arabia, has big dreams for the future. And web3 firm Animoca Brands is now very much a part of those plans. https://t.co/qYkS3Xymls #ad #ASX #blockchain @animocabrands @NEOM

— Stockhead (@StockheadAU) November 9, 2023

FRIDAY’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 TG1 Techgen Metals Ltd 0.0940 248.15 7,677,884 $2,083,544 NRZR Neurizer Ltd – Rights 10-Nov-23 0.0020 100.00 3,142,166 $127,674 MDIR Middle Island Res – Rights 10-Nov-23 0.0050 66.67 668,028 $210,987 VPR Volt Power Group 0.0015 50.00 70,954 $10,716,208 14D 1414 Degrees Limited 0.0350 40.00 193,022 $5,954,213 TSL Titanium Sands Ltd 0.0110 37.50 1,021,683 $14,174,438 ENT Enterprise Metals 0.0040 33.33 129,250 $2,398,413 AZL Arizona Lithium Ltd 0.0370 32.14 93,005,359 $92,926,009 BTR Brightstar Resources 0.0130 30.00 37,075,041 $19,158,334 IXR Ionic Rare Earths 0.0260 30.00 44,249,226 $79,122,098 SIX Sprintex Ltd 0.0130 30.00 4,734,859 $3,413,565 RB6 Rubixresources 0.1550 29.17 6,483,898 $6,546,000 WML Woomera Mining Ltd 0.0250 25.00 40,622,927 $23,873,891 AUK Aumake Limited 0.0050 25.00 8,929,509 $5,949,038 BYH Bryah Resources Ltd 0.0200 25.00 8,889,707 $5,737,685 CHK Cohiba Min Ltd 0.0025 25.00 816,675 $4,426,488 MSI Multistack Internat. 0.0050 25.00 66 $545,216 RMX Red Mount Min Ltd 0.0050 25.00 12,474,310 $10,694,304 SIT Site Group Int Ltd 0.0025 25.00 3,150,000 $5,204,980 AYA Artryalimited 0.2350 23.68 1,914 $11,977,319 CBH Coolabah Metals Limi 0.0640 23.08 51,023 $3,005,600 BOA Boadicea Resources 0.0480 23.08 3,945,151 $4,800,522 NRX Noronex Limited 0.0110 22.22 526,566 $3,404,716 PNR Pantoro Limited 0.0470 20.51 31,225,330 $202,957,190 GMN Gold Mountain Ltd 0.0060 20.00 4,869,773 $11,345,393 ORG Origin Energy 8.6350 -2.65 50,408,929 $15,280,771,842

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Friday’s Small Caps highlights:

Leaping late on Lithium Friday is Paul Lloyd’s Arizona Lithium (ASX:AZL) after reporting that pilot plant operations are underway processing brine and producing lithium concentrate from the Prairie Lithium Project.

Pilot plant testing of Prairie brine material will complete the third and final phase of the evaluation on very promising third-party supplied DLE technology.

The location of the first commercial facility has been selected, and the ground prepared for the well pad, allowing AZL “to rapidly advance from pilot operations to commercialisation via the drilling of its initial wells H1 2024.”

On Friday morning, Rubix Resources (ASX:RB6) reported a cultural heritage survey will start on November 30 at its Lake Johnston lithium project in WA with a program of works for its maiden drilling program approved.

The lithium junior says it’s also enjoying a bit of ‘pegmatite-poking action’ down in southern WA at Lake Johnston, according to Rob Badman.

Rubix has announced it’s about to begin a Cultural Heritage Survey at the site, in collaboration with the registered Native Title Holders, the Ngadju People.

And Bryah Resources (ASX:BYH) is in on the same deal.

BYH says it’s fast-tracking its lithium exploration at Lake Johnston with CEO Ashley Jones saying TG Metals’ (ASX:TG6) recent success has put a strong emphasis again on the area.

TechGen Metals (ASX:TG1), which dropped an update on its projects including stage three drilling approved for its John Bull Gold Project and pegmatite mapping to kick off at Ida Valley with historic data identifying lithium and caesiumin soils up to 144.5ppm Li (311ppm Li2O) along the Ida Fault.

Charger Metals (ASX:CHR) reports assay results from soil sampling completed earlier this year have identified several new lithium targets at the Mt Gordon tenement of its Lake Johnston lithium project.

Assay results from soil sampling completed earlier this year have revealed the targets, which are in the Mt Gordon tenement of its Lake Johnston lithium project, with follow-up planning for AC and RC drilling now in the works, along with diamond drilling at the Medcalf spodumene prospect.

FRIDAY’S ASX SMALL CAP LAGGARDS

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

Code Company Price % Volume Market Cap MNS Magnis Energy Tech 0.0520 -35.80 36,241,992 $97,159,350 BP8 Bph Global Ltd 0.0010 -33.33 255,628 $2,423,345 AMD Arrow Minerals 0.0015 -25.00 1,085,676 $6,047,530 CCE Carnegie Cln Energy 0.0015 -25.00 1,142,267 $31,285,147 DTC Damstra Holdings 0.1850 -21.28 3,025,703 $60,602,292 KTA Krakatoa Resources 0.0340 -20.93 30,289,262 $18,700,610 NNG Nexion Group 0.0120 -20.00 1,250,000 $3,034,618 WYX Western Yilgarn NL 0.0960 -20.00 85,370 $5,958,900 E33 East 33 Limited. 0.0200 -20.00 282,984 $12,977,217 IEC Intra Energy Corp 0.0040 -20.00 5,075,000 $8,303,908 APM APM Human Services 1.7875 -19.48 8,212,463 $2,036,143,920 DUN Dundasminerals 0.0570 -18.57 498,148 $3,547,500 TTI Traffic Technologies 0.0090 -18.18 226,714 $8,334,372 KZA Kazia Therapeutics 0.0720 -17.24 1,574,952 $20,562,396 NC6 Nanollose Limited 0.0290 -17.14 292,467 $5,211,023 MKL Mighty Kingdom Ltd 0.0150 -16.67 6,765 $7,566,653 LYK Lykosmetalslimited 0.0500 -15.25 46,734 $3,681,600 WZR Wisr Ltd 0.0230 -14.81 918,174 $36,771,968 NXS Next Science Limited 0.2900 -14.71 343,648 $99,176,335 XAM Xanadu Mines Ltd 0.0650 -14.47 4,289,609 $124,474,639 HVY Heavymineralslimited 0.0900 -14.29 295,338 $6,050,474 IBG Ironbark Zinc Ltd 0.0060 -14.29 250,000 $10,267,490 A1G African Gold Ltd. 0.0310 -13.89 973,912 $6,095,204 JGH Jade Gas Holdings 0.0330 -13.16 340,000 $59,919,698 ORG Origin Energy 8.6350 -2.65 50,408,929 $15,280,771,842

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TRADING HALTS

Avenira (ASX:AEV) – Pending an application to court by AEV ‘seeking orders in relation to the company’s inadvertent failure to lodge a cleansing notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) within the prescribed 5-day period’ after the issue of securities on 14 April 2023

Armour Energy (ASX:AJQ) – Pending an announcement in relation to Armour Secured Amortising Notes.

Caprice Resources (ASX:CRS) – Pending an announcement regarding a capital raising.

Buru Energy (ASX:BRU) – Pending the release of an announcement in relation to a capital raising.

Cooper Metals (ASX:CPM) – Pending an announcement regarding material exploration results.

MetalsTech (ASX:MTC) – Pending the release of an announcement by the company in relation to the results of its Scoping Study which highlights the robust economics for a high-tonnage, high-value underground-only gold-silver mining operation at the 100%-owned Sturec gold mine, Slovakia.

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