Good morning everyone, and welcome to Tuesday, 14 November.<\/p>\n
On Stockhead today\u2026<\/strong><\/p>\n A small resource that sits at the surface could potentially be more valuable than a large one at depth as developing the former could be as simple as getting a bulldozer to dig out the material while a deeper deposit might need extensive tunnels \u2013 also known as adits \u2013 to access them. With that in mind, Bevis Yeo has spilled out<\/a> the companies that are poised to release maiden resources for their respective projects within the next six months.<\/p>\n But first..<\/p>\n \u00a0<\/p>\n Gold: US$1,934.68 (-0.10%)<\/em><\/p>\n Silver: US$22.00 (-0.98%)<\/em><\/p>\n Nickel (3mth): US$17,813\/t (-0.3%)<\/em><\/p>\n Copper (3mth): US$8,147\/t (-0.4%)<\/em><\/p>\n Oil (WTI): US$76.23 (-1.22%)<\/em><\/p>\n Oil (Brent): US$80.47 (-1.18%)<\/em><\/p>\n Iron 62pc Fe: US$128.07\/t (+0.54%)<\/em><\/p>\n AUD\/USD: 0.6361 (+004%)<\/em><\/p>\n Bitcoin: US$36,928 (+0.02%)<\/em><\/p>\n \u00a0<\/p>\n Experts believe China\u2019s 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. We looked at countries like Australia, with\u00a0graphite stocks like these four.<\/a><\/p>\n Strickland Metals (ASX:STK)<\/a><\/strong> says the first four diamond holes into the Marwari discovery in WA have intersected the same \u2013albeit thicker \u2013 gold-rich rocks as the discovery hole,<\/a> which pulled up\u00a031m at 5.6g\/t from ~70m.<\/p>\n And this\u2026<\/p>\n Greenvale Energy\u2019s goal of becoming Australia\u2019s only domestic end to end supplier of bitumen products has received a shot in the arm after resources at its Alpha Torbanite project in Queensland were upgraded to 28Mt. https:\/\/t.co\/ZDNdDTwm7d<\/a> #ad<\/a> #ASX<\/a> $GRV<\/a><\/p>\n \u2014 Stockhead (@StockheadAU) November 13, 2023<\/a><\/p>\n\n \u00a0<\/p>\n Here are the best performing ASX small cap stocks:<\/p>\n Swipe or scroll to reveal full table. Click headings to sort:<\/p>\n WordPress Tables Plugin<\/a><\/p>\n \u00a0<\/p>\n Yesterday\u2019s Small Caps highlights:<\/p>\n Infinity Lithium (ASX:INF)<\/a> <\/strong>has secured significant Spanish government funding for its headline act, the San Jos\u00e9 lithium project joint venture entity Tecnolog\u00eda Extreme\u00f1a del Litio for advancement of said project \u2013 which, you can probably gather, is in Spain.<\/p>\n It\u2019s an award of \u20ac18.8 million (A$31 million) grant funding from the government\u2019s Ministry of Industry, Trade and Tourism, and INF\u2019s MD and CEO Ryan Parkin is describing it as a \u201csignificant milestone\u201d for Infinity Lithium and the San Jos\u00e9 lithium project, of which it owns 75%.<\/p>\n On the way up again is the junior explorer Ronin Resources (ASX:RON)<\/a><\/strong> rising strongly on Monday, living off the lithium fumes of last week.<\/p>\n Beyond its flagship Colombian projects, including Vetas, a large, high-grade thermal coal operation, it\u2019s also joined the recent frothy hunt for white gold in Canada. Lithium, that is.<\/p>\n It\u2019s been focusing on the Hornby Lake lithium project in Ontario, where, about a week ago on Nov 6, it confirmed the sighting of numerous pegmatites, which it\u2019s in the process of assessing for LCT-based mineralisation. Those assay results are expected some time in December.<\/p>\n And Aussie imaging tech specialist 4D Medical (ASX:4DX)<\/a><\/strong>\u00a0says that from January 1 next year, the notoriously difficult American healthcare world will start helping notoriously troubled American patients.<\/p>\n 4DX surged on the news its scanning device has been included into the US Centers for Medicare & Medicaid Services (CMS) \u2013 which is the US federal agency providing health coverage through Medicare and the rest of those weird US health things.<\/p>\n So from 1 January 2024, XV LVAS scans conducted in a US hospital outpatient facility for Medicare patients can be billed to CMS. Some 65.7 million Americans are enrolled in the program.<\/p>\n Also out of the medtech space, an update from Cleanspace (ASX:CSX)<\/a><\/strong> has the stock higher on Monday. October sales have continued growth trend up some +50% v PCP, and currently, CSX is running ahead of expectations for sales growth in FY24.<\/p>\n \u00a0<\/p>\n Swipe or scroll to reveal full table. Click headings to sort:<\/p>\n WordPress Tables Plugin<\/a><\/p>\n \u00a0<\/p>\n Nanollose (ASX:NC6)<\/a>\u00a0\u2013 Capital raising<\/p>\n Tivan (ASX:TVN)<\/a>\u00a0\u2013 Pending an announcement of a long-term commercial and strategic partnership agreement<\/p>\n Delta Lithium (ASX:DLI)<\/a>\u00a0\u2013 Pending an announcement<\/p>\n 88 Energy (ASX:88E)<\/a>\u00a0\u2013 Pending announcement<\/p>\n Findi (ASX:FND)<\/a>\u00a0\u2013 Pending announcement<\/p>\n First Lithium (ASX:FL1)<\/strong><\/a> \u2013 Pending additional information in relation to the announcement released yesterday<\/p>\n Neometals (ASX:NMT)<\/strong><\/a> \u2013\u00a0 Pending an announcement to clarify the \u201cvisually estimated spodumene\u201d as referred to in yesterday\u2019s announcement entitled \u201cNeometals Discovers Spodumene-bearing Pegmatite at Spargos\u201d<\/p>\n Yojee (ASX:YOJ)<\/strong><\/a> \u2013 Proposed capital raising<\/p>\n Osmond Resources (ASX:OSM)<\/strong><\/a> \u2013 Pending an announcement to be made by the Company to the market in connection with the acquisition of a material project<\/p>\n Fertoz (ASX:FTZ)<\/strong><\/a> \u2013 Pending the release of an announcement relating to a capital raise<\/p>\n Kula Gold (ASX:KGD)<\/strong><\/a> \u2013 Pending an announcement by the Company regarding a capital raise and commencement of drilling at the Company\u2019s Cobra Lithium Prospect within the Kirup Project <\/span><\/p>\n The post Rise and Shine: Everything you need to know before the ASX opens<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"COMMODITY\/FOREX\/CRYPTO MARKET PRICES<\/h2>\n
WHAT GOT YOU TALKING<\/h2>\n
YESTERDAY\u2019S ASX SMALL CAP LEADERS<\/h2>\n
YESTERDAY\u2019S ASX SMALL CAP LAGGARDS<\/h2>\n
TRADING HALTS<\/h2>\n
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