Good morning.
On Stockhead today, the 3c stock with a stronghold on one of the potentially most critical, enabling technologies on the planet, who got dumped in the ASX rebalances, and Part II of Michael Washbourne’s Women in Mining series.
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: US$2,044.12 (+0.47%)
Silver: US$22.66 (+0.91%)
Nickel (3mth): US$17,601/t (+0.81%)
Copper (3mth): US$8,448.50/t (-0.30%)
Oil (WTI): US$78.30 (-0.30%)
Oil (Brent): US$82.03 (+0.11%)
Iron 62pc Fe: US$124.86/t (-0.40%)
AUD/USD: 0.6501 (+0.05%)
Bitcoin: US$61,234 (+0.9%)
WHAT GOT YOU TALKING
It’s not often you get to pull more funding than your own entire market cap:
Among today’s #resources Top 4: Koonenberry Gold (#ASX:$KNB) pulls in $2.35m worth of funding. https://t.co/8BzK4rw5PN
— Stockhead (@StockheadAU) March 4, 2024
ASX SMALL CAP LEADERS
Monday’s best performing small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
Code Name Price % Change Volume Market Cap DCX Discovex Res Ltd 0.20 100.00 344,963 $3,302,568 WHK Whitehawk Limited 5.70 78.13 64,044,214 $10,818,263 NVQ Noviqtech Limited 0.50 66.67 120,287,519 $3,928,336 KNB Koonenberrygold 2.30 53.33 213,298 $1,796,236 CNJ Conico Ltd 0.30 50.00 1,292,854 $3,140,190 TTM Titan Minerals 3.00 36.36 6,022,069 $37,308,618 WA8 Warriedarresourltd 3.80 35.71 677,988 $14,921,824 SUH Southern Hem Min 4.70 34.29 252,333 $20,668,402 IS3 I Synergy Group Ltd 0.80 33.33 1,132,980 $1,824,482 PKO Peako Limited 0.40 33.33 1,458,333 $1,581,254 VML Vital Metals Limited 0.40 33.33 17,708,918 $17,685,201 FAL Falconmetalsltd 16.00 33.33 1,211,906 $21,240,000 GNX Genex Power Ltd 24.50 32.43 13,339,931 $256,257,771 MMM Marley Spoon Se 3.80 26.67 101,105 $3,531,732 AVM Advance Metals Ltd 3.90 25.81 70,000 $1,242,634 MEK Meeka Metals Limited 3.50 25.00 211,840 $34,571,850 POS Poseidon Nick Ltd 0.75 25.00 21,152,365 $22,281,209 GES Genesis Resources 0.50 25.00 152 $3,131,365 IVX Invion Ltd 0.50 25.00 1,510,582 $25,698,129 NAE New Age Exploration 0.50 25.00 600,000 $7,175,596 RDS Redstone Resources 0.50 25.00 375,000 $3,701,514 TMR Tempus Resources Ltd 0.50 25.00 2,479,335 $2,923,995 QUE Queste Communication 5.50 25.00 4,700 $1,191,183 PFE Panteraminerals 5.60 24.44 4,162,448 $6,688,015 CCA Change Financial Ltd 6.90 23.21 241,441 $35,149,038
Yep, it was Koonenberry Gold (ASX:KNB) wowing with news of a capital raise led by cornerstone investor Lion Selection Group.
KNB will raise $2.35 million to advance exploration of its Bellagio and Atlantis Projects, including high impact drilling programs planned with “exciting” gold and copper targets.
Cybersecurity stock WhiteHawk (ASX:WHK) jumped 60% today and several hundred per cent last week, on the back of its AI strategy announcement last week.
Queensland renewable energy company Genex Power (ASX:GNX) announced that it has received an indicative bid proposal from Japan’s Electric Power Development, J-Power, valuing its equity at ~$380m or 27.5c a share.
Calix (ASX:CXL) soared after announcing that the Leilac-2 (Low Emissions Intensity Lime And Cement) project will be hosted at Heidelberg Materials’ (FWB: HEI) cement plant in Ennigerloh, Germany. The selection of Ennigerloh as the project’s host plant is the result of a thorough site assessment process that followed Heidelberg Materials’ decision to end clinker production in Hanover, Germany.
FireFly Metals (ASX:FFM) announced more wide high-grade copper-gold intersections from its drilling program at the Green Bay project in Canada. Results include: 18.0m at 3.3% CuEq within a broader copper zone of 41.1m at 2.3% CuEq, and 18.8m at 3.5% CuEq within a broader copper zone of 47.1m at 2.4% CuEq.
ASX SMALL CAP LAGGARDS
Monday’s best performing small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
Code Name Price % Change Volume Market Cap 1AG Alterra Limited 0.30 -50.00 1,528,395 $5,224,144 BP8 Bph Global Ltd 0.10 -50.00 754,953 $3,908,232 TD1 Tali Digital Limited 0.10 -33.33 2,810,000 $4,942,733 AQI Alicanto Min Ltd 2.90 -25.64 186,814 $23,998,135 AVE Avecho Biotech Ltd 0.30 -25.00 370,000 $12,677,188 CTN Catalina Resources 0.30 -25.00 26,188 $4,953,948 HLX Helix Resources 0.30 -25.00 300,462 $9,292,583 EDE Eden Inv Ltd 0.20 -20.00 4,431,225 $9,195,678 IEC Intra Energy Corp 0.20 -20.00 11,379,497 $4,226,954 KPO Kalina Power Limited 0.40 -20.00 500,000 $11,050,640 PUA Peak Minerals Ltd 0.20 -20.00 100,000 $2,603,442 ROG Red Sky Energy. 0.40 -20.00 2,599,992 $27,111,136 SRH Saferoads Holdings 6.50 -18.75 864 $3,496,432 ESK Etherstack PLC 23.00 -17.86 76,930 $36,956,361 FSG Field Solu Hldgs Ltd 2.90 -17.14 683,683 $26,730,956 ACE Acusensus Limited 65.00 -16.67 905,262 $98,591,981 88E 88 Energy Ltd 0.50 -16.67 18,865,911 $150,744,375 EMT Emetals Limited 0.50 -16.67 3,000 $5,100,000 ID8 Identitii Limited 1.00 -16.67 2,486,109 $5,162,856 PAT Patriot Lithium 6.50 -16.67 413,582 $5,430,136 AGY Argosy Minerals Ltd 13.50 -15.63 6,746,496 $224,705,200 PFT Pure Foods Tas Ltd 6.50 -14.47 59,866 $8,382,398 ABE Ausbondexchange 1.80 -14.29 60,378 $2,366,030 ADY Admiralty Resources. 0.60 -14.29 5,385 $9,125,054 FGL Frugl Group Limited 0.60 -14.29 900,331 $10,371,817
Articore Group (ASX:ATG) fell -10% after the Federal Court of Australia has reduced damages initially awarded to ATG in a case initiated by Hells Angels Motorcycle, regarding Hells Angels-related material uploaded by third-party sellers to the Redbubble (now ATG) marketplace. The trademark damages have been reduced from $78,000 to just $100.
TRADING HALTS
Rare Foods Australia (ASX:RFA)
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