Good morning everyone, and welcome to 12 April, 2024 – an important date in the history of space travel, as it was on this day in 1961 that Russian cosmonaut Yuri Gagarin was blasted into space aboard the Vostok 1, becoming the first human to orbit the planet in space.
Gagarin’s flight was brief, but glorious – lasting just 1 hour 48 minutes, it cemented his place in history as the owner of the biggest cojones in the world at the time, because space travel was in its infancy, and preposterously unsafe, even by Russian standards.
And while most people know Gagarin’s name, and the fact that he was the first person to orbit the planet, not many people realise that it was a design feature of the Vostok 1 space capsule that it was never intended to carry him all the way back to Earth.
Screaming through the atmosphere on it’s journey home, the capsule ejected Gagarin at an altitude of 7,000 metres, leaving him to travel the rest of the way by parachute – a feat that in itself is mind-blowing.
Gagarin’ bravery paved the way for space exploration, including sending humans to walk on the moon, robots to wander around on Mars, and now wealthy geriatrics can take their friends way beyond the clouds, in rockets that may or may not look like massive dicks – just like their owners.
On a far less phallic note, the Stockhead team has been beavering away merrily, to bring you some sensational content this morning.
That includes… a bunch of stuff which isn’t immediately clear. BUT IT WILL BE INCREDIBLE.
But I’ve also been working super-duper-hard, to bring you all manner of numbers and words – way too much punctuation – and metaphors so mixed you’d need a scientist to untangle them, so that you can hit the ground running for your moonshot on the ASX today.
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: US$2,375.38 (+1.67%)
Silver: US$28.49 (+1.97%)
Nickel (3mth): US$18,364/t (+0.80%)
Copper (3mth): US$9,374/t (-0.46%)
Oil (WTI): US$85.50 (-0.83%)
Oil (Brent): US$90.19 (-0.33%)
Iron 62pc Fe: US$108.35/t (+1.60%)
AUD/USD: 0.6541 (+0.00%)
Bitcoin: US$70,109 (-0.77%)
WHAT GOT YOU TALKING
Eddy Sunarto’s brought us the very best in Health Stock news once again… the man’s a veritable machine when it comes to covering his rounds.
#Health #stocks: @Gene_type ( $GTG ) to set up breast imaging pilot in US, while @imricor ( $IMR ) clinches sales in Croatia.https://t.co/IlU9dn0MWX
— Stockhead (@StockheadAU) April 11, 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 KTA Krakatoa Resources 0.019 138% 53,576,719 $3,776,858 RNX Renegade Exploration 0.010 67% 11,079,444 $6,022,018 EPM Eclipse Metals 0.008 60% 5,268,749 $11,048,278 TKL Traka Resources 0.002 33% 275,962 $2,625,988 CR1 Constellation Res 0.165 32% 177,642 $7,410,053 EMP Emperor Energy Ltd 0.015 25% 2,011,038 $4,088,850 ENT Enterprise Metals 0.003 25% 662,493 $1,603,942 KPO Kalina Power Limited 0.005 25% 250,131 $8,840,512 PSC Prospect Res Ltd 0.160 23% 5,343,164 $60,233,155 PEC Perpetual Res Ltd 0.011 22% 4,227,478 $5,760,265 SGC Sacgasco Ltd 0.011 22% 1,378,111 $7,017,184 R3D R3D Resources Ltd 0.039 22% 127,628 $4,875,890 BPP Babylon Pump 0.006 20% 1,424,909 $12,497,745 VUL Vulcan Energy 3.410 19% 1,974,670 $492,128,803 ENX Enegex Limited 0.025 19% 79,800 $7,747,236 WWI West Wits Mining Ltd 0.019 19% 20,305,824 $38,886,266 CYM Cyprium Metals Ltd 0.026 18% 10,996,001 $33,543,671 NWM Norwest Minerals 0.052 18% 2,389,027 $17,077,258 SHN Sunshine Metals Ltd 0.020 18% 24,969,331 $26,010,179 IMI Infinitymining 0.070 17% 34,600 $7,125,203 1MC Morella Corporation 0.004 17% 761,211 $18,536,398 LNR Lanthanein Resources 0.004 17% 3,496,471 $5,864,727 TTI Traffic Technologies 0.007 17% 1,096,667 $5,227,924 BTH Bigtincan Hldgs Ltd 0.180 16% 7,402,681 $95,519,229 WA1 WA1 Resources 15.030 2% 206,354 $901,644,551
Yesterday’s Small Cap Winners included:
Krakatoa Resources (ASX:KTA) updated the market on its ongoing reconnaissance work on new prospects at the Turon Project. New copper-gold prospect on Turon Project defined with rock-chip assays to 1.24g/t Au, 10.45% Cu, with anomalous Mo, and Sn. Four samples returned over 1% Cu, averaging 4.83% Cu to a maximum of 10.45%
Aura Energy’s (ASX:AEE) drilling defined two new areas of extensive shallow, high-grade uranium mineralisation at Tiris. Assays including 9m at 310ppm U3O8 have defined mineralisation over a strike length of +8km at Hippolyte South. Results are expected to deliver an upgrade to current contained resource of 58.9Mlb U3O8.
Prospect Resources (ASX:PSC) continued its upward trajectory, building on Tuesday’s announcement that the company has acquired an 85% interest in the large-scale Mumbezhi copper project, located in the Zambian Copperbelt, a prized geological jurisdiction.
Cyclone Metals (ASX:CLE) jumped after announcing an upgraded Indicated and Inferred Mineral Resource of 16.6 billion tonnes containing 29.3% total Fe and 18.2% magnetic Fe, cut-off grade 12.5% magnetic Fe at Project Iron Bear. The Indicated portion of the Mineral Resource is 2.15 billion tonnes containing 28.68% total Fe and 19% magnetic Fe.
Renegade Exploration (ASX:RNX) announced that its found a very large magnetic anomaly just north of the Mongoose prospect at its flagship Cloncurry Project, which it now plans to drill in May, with the help of a $300,000 Collaborative Exploration Initiative (CEI) grant from the Queensland Government.
And Cosmos Exploration (ASX:C1X) says that high-grade rock chip assays up to 2.20% TREYO (33% NdPr) have been received from its Leatherback L1 mineralised trend, and the results significantly surpass previous high of 1.09% TREYO previously collected from the L2 trend.
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 CNJ Conico Ltd 0.001 -33% 2,539,445 $2,707,642 AXP AXP Energy Ltd 0.002 -25% 173,469 $11,649,361 MRQ Mrg Metals Limited 0.002 -25% 5,290,440 $5,050,237 TD1 Tali Digital Limited 0.002 -25% 27,892 $6,590,311 OPN Oppenneg 0.004 -20% 4,398,881 $5,645,898 AEV Avenira Limited 0.007 -19% 6,780,712 $18,792,272 OLY Olympio Metals Ltd 0.050 -18% 276,168 $4,285,966 AU1 The Agency Group Aus 0.025 -17% 95,633 $12,857,298 CCA Change Financial Ltd 0.050 -17% 176,179 $37,659,683 ADY Admiralty Resources. 0.005 -17% 40,000 $9,776,844 MHC Manhattan Corp Ltd 0.003 -17% 200,000 $8,810,939 NTM Nt Minerals Limited 0.005 -17% 1,070,076 $5,159,417 RR1 Reach Resources Ltd 0.003 -17% 559,876 $9,836,169 TMR Tempus Resources Ltd 0.005 -17% 2,806,905 $4,385,992 LYN Lycaonresources 0.180 -14% 28,961 $9,251,813 BFC Beston Global Ltd 0.006 -14% 10,000 $13,979,328 GTR Gti Energy Ltd 0.006 -14% 379,002 $14,349,630 HXL Hexima 0.012 -14% 956,058 $2,338,555 PIL Peppermint Inv Ltd 0.012 -14% 9,541,892 $29,629,017 TMK TMK Energy Limited 0.003 -14% 828,151 $23,645,002 ZMI Zinc of Ireland NL 0.014 -13% 779 $3,410,308 SHG Singular Health 0.105 -13% 225,911 $23,442,367 IMC Immuron Limited 0.110 -12% 526,072 $28,499,793 SRR Saramaresourcesltd 0.022 -12% 235,535 $2,010,477 FG1 Flynngold 0.045 -12% 262,244 $8,371,186
TRADING HALTS
Strickland Metals (ASX:STK) – pending an announcement in relation to a material acquisition.
Linius Technologies (ASX:LNU) – pending the release of an announcement about a capital raising.
Findi (ASX:FND) – pending an announcement in relation to an update to the White Label ATM Licence Application in India.
Dart Mining (ASX:DTM) – pending the release of a placement announcement.
Butn (ASX:BTN) – pending the release of an announcement about a potential capital raising.
NextDC (ASX:NXT) – pending an announcement to be made to the ASX in connection with an equity raising.
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