Good morning everyone, and welcome to Wednesday, 22 November \u2013 a date on the calendar worth noting as it was on this day in 1943 that Franklin D. Roosevelt, Winston Churchill and Chinese President Chiang Kai-shek met up in Cairo to figure out a way to beat Japan in World War II.<\/p>\n
The items on the agenda were pretty basic \u2013\u00a0find a way to stop the Japanese empire which was, at the time, rampaging through the Asia-Pacific reason like an outbreak of dysentery on a cruise ship.<\/p>\n
The reason for holding the conference in Cairo isn\u2019t altogether clear \u2013 however, the call for the Cairo conference stemmed directly from the Moscow Conference, which came on the heels of the Quebec Conference.<\/p>\n
Which is why I\u2019m beginning to suspect that the perenially off-his-face Churchill was picking the venues through the simple expedience of bodily heaving servants at a map of the world, and taking note of which bits they bled on.<\/p>\n
Anyway \u2013 the reason it\u2019s important is because it was in this series of conferences that China established itself as a proper world power, elevating it to a position alongside the United States, the United Kingdom and the Soviet Union.<\/p>\n
In hindsight, that might have been a mistake.<\/p>\n
The upshot of all the talking was the disastrous Allied campaign in Burma, which ended with Japan in charge and British forces on the hard slog back to India to figure out what went wrong, setting in place a now well-worn tradition that is commemorated regularly through a stylised re-enactment whenever the English cricket team takes to the field.<\/p>\n
The lesson here is pretty simple \u2013 a bit of foresight from all involved would probably have meant that large chunks of unpleasantness could have been avoided \u2013\u00a0like the flattening of Hiroshima, that kinda stuff.<\/p>\n
As it clearly pays to be prepared, we here at Stockhead take great pride in making sure that we\u2019re Doing Our Part to help you, our readers, be prepared for what lies ahead on the market.<\/p>\n
To that end, Josh Chiat\u2019s been busy putting together the latest edition of Bulk Buys<\/a>, and Stockhead\u2019s answer to Catriona Rowntree, Bevis Yeo, sets off to explore the wonders of Mali, a mysterious nation in Africa where everything\u2019s made of gold<\/a> or other fancy stuff.<\/p>\n Plus, as always, here\u2019s all the fiddly data and digits to get you up to speed this morning as well.<\/p>\n \u00a0<\/p>\n Gold: US$1,992.40 (+0.71%)<\/p>\n Silver: US$23.72 (+1.20%)<\/p>\n Nickel (3mth): US$16,514.14\/t (-0.71%)<\/p>\n Copper (3mth): US$8,1414.85\/t (+0.90%)<\/p>\n Oil (WTI): US$77.33 (-0.65%)<\/p>\n Oil (Brent): US$81.80 (-0.64%)<\/p>\n Iron 62pc Fe: US$129.31\/t (+0.28%)<\/p>\n AUD\/USD: 0.6575 (+0.19%)<\/p>\n Bitcoin: US$37,325.50 (-0.44%)<\/p>\n \u00a0<\/p>\n Iron ore and lithium diggers took the fight to the market yesterday \u2013 and news of Pure Resources (ASX:PR1)<\/strong><\/a> hitting fat 11%+ lithium in Sweden grabbed a lot of attention yesterday.<\/p>\n \u00a0<\/p>\n #Resources<\/a> Top 6:<\/p>\n Pure Resources up 60% on high-grade, 11.69% Li found at Swedish project \u2014 Stockhead (@StockheadAU) November 21, 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 were:<\/p>\n Absolutely smashing it on no news was emerging copper play Cobre (ASX:CBE),<\/a> with prospective projects in both Botswana and Western Australia.<\/p>\n They got a speeding ticket from the ASX cops for their trouble, but still managed to bank a 33% climb.<\/p>\n Pure Resources (ASX:PR1)<\/a> was up over 65% at one point yesterday, on news of some fabo lithium hits at the company\u2019s J\u00e4rkvissle project in Sweden.<\/p>\n Apparently the hero of the dish \u2013 a sample of up to 11.69% Li2o.<\/p>\n As Christian Edwards quoted me as saying yesterday, \u201cThat is, clearly, astonishingly high \u2013 and it should be noted that the testing was performed using a LIBS system in the field.\u201d<\/p>\n LIBS, short for Laser Induced Breakdown Spectroscopy, is an off-the-shelf, often portable analysis technique that uses spot readings of super-heated samples to determine the chemical composition of the material being tested.<\/p>\n It is similar in many ways to portable XRF readings, in that the accuracy of the sampling method is the subject of some pretty fierce debate.<\/p>\n Roots Sustainable Agricultural Technologies (ASX:ROO)<\/a> had a terrific day on the bourse, up 75% early and managed to cling onto those gain, on news that the company had managed to deliver a shipment of its tech by air, from Israel, which is no small feat considering how difficult things are in that part of the world right now.<\/p>\n Roots says the ag-tech it has supplied is set to be installed this week, enabling the demonstration of the \u201capplication of Root Zone Temperature optimisation technology as part of its berry farming operations at the COP28 global conference at Expo City, Dubai in early December\u201d.<\/p>\n \u00a0<\/p>\n Here are the worst 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 Enova Mining (ASX:ENV)<\/a> \u2013 Pending an announcement by Enova Mining in relation to a potential acquisition of a mineral project<\/p>\n Frugl Group (ASX:FGL)<\/a> \u2013 Pending the release of an announcement in connection with capital raising via a placement of securities<\/p>\n Charger Metals (ASX:CHR)<\/a> \u2013 Pending an announcement from the Company regarding a proposed capital raising<\/p>\n Neometals (ASX:NMT)<\/a> \u2013 Pending an announcement in relation to an equity raising<\/p>\n Great Boulder Resources (ASX:GBR)<\/a> \u2013 Pending an announcement in relation to an capital raising<\/p>\n Australian Critical Minerals (ASX:ACM)<\/a> \u2013 Pending the release of an announcement regarding assay results<\/p>\n Appen (ASX:APX)<\/a> \u2013 Pending an announcement to ASX in connection with a pro rata accelerated non-renounceable entitlement offer and institutional placement<\/p>\n <\/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
\n Fellow #lithium<\/a> hunter Chariot\u2019s on fire, too
\n While $TG1, $CBY<\/a>, $CUF<\/a>, and $TCG<\/a> round out today\u2019s six of the best so far https:\/\/t.co\/MUIfdZHkVU<\/a><\/p>\nYESTERDAY\u2019S ASX SMALL CAP LEADERS<\/h2>\n
YESTERDAY\u2019S ASX SMALL CAP LAGGARDS<\/h2>\n
TRADING HALTS<\/h2>\n