{"id":2888,"date":"2023-12-07T18:00:39","date_gmt":"2023-12-07T18:00:39","guid":{"rendered":"https:\/\/economicherald.net\/?p=2888"},"modified":"2023-12-07T18:00:39","modified_gmt":"2023-12-07T18:00:39","slug":"rise-and-shine-everything-you-need-to-know-before-the-asx-opens-28","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=2888","title":{"rendered":"Rise and Shine: Everything you need to know before the ASX opens"},"content":{"rendered":"<p>Good morning everyone, and welcome to Friday, 8 December \u2013 a day on the calendar that will sometimes be remembered by a handful of people as the beginning of the end for Captain James Cook.<\/p>\n<p>Cook was on his last journey through the Pacific in 1777 when, on Decemeber 8th, he pulled anchor and left what was then known as The Society Islands \u2013 a small scattering of idyllic island paradises that include modern day Tahiti, and currently belong to the French for some reason.<\/p>\n<p>Cook had set sail for what he called The Sandwich Islands, to have a bit more of a dig around a set of islands he had discovered quite by accident the last time he was in the neighbourhood.<\/p>\n<p>Precise details are sketchy, but historians have pieced together the theory that Cook was killed (and, some say, served up between two slices of TipTop) by local Sandwich Islands warriors, possibly after ignoring local custom and dropping in on them during an epic surf session at Waimea Bay.<\/p>\n<p>The Sandwich Islands are, of course, now known as Hawaii, and currently belong to the United States for some reason.<\/p>\n<p>The lesson here from history is that even if you do happen to stumble into success, it doesn\u2019t make it any less meaningful \u2013\u00a0Cook will always hold a place in the hearts of every fan of Britain\u2019s colonialism-at-all-costs approach to global exploration.<\/p>\n<p>Not only did he not arrive in Australia first, but he also lent his surname to the modern lexicon, having turned up and thoroughly \u201ccooked\u201d Terra Australis on the way through \u2013 almost entirely by accident.<\/p>\n<p>If you\u2019d prefer to make your life-changing discoveries based on knowledge and facts, you\u2019re not alone \u2013 and it\u2019s precisely why we\u2019ve been up all night writing about a bunch of super-important stuff for you to read this morning.<\/p>\n<p>That includes Bevis Yeo\u2019s dip into <a href=\"https:\/\/stockhead.com.au\/energy\/got-gas-we-have-just-crossed-peak-gas-production-in-australia-what-next\/\" target=\"_blank\" rel=\"noopener\">what\u2019s shaking in the world of gas exploration<\/a>, and Rob Badman\u2019s very personal story of how <a href=\"https:\/\/stockhead.com.au\/health\/huge-ipo-interest-and-not-lithium-ltr-pharma-could-be-the-next-big-thing-on-the-asx\/\" target=\"_blank\" rel=\"noopener\">a seemingly innocuous nasal spray changed his life forever<\/a>, possibly.<\/p>\n<p>Plus, below you\u2019ll find all the usual digits and data to get your motor rumbling before the market opens today.<\/p>\n<p>\u00a0<\/p>\n<h2>COMMODITY\/FOREX\/CRYPTO MARKET PRICES<\/h2>\n<p>Gold: US$2,025.75 (-0.01%)<\/p>\n<p>Silver: US$23.80 (-0.54%)<\/p>\n<p>Nickel (3mth): US$16,247.50\/t (+1.18%)<\/p>\n<p>Copper (3mth): US$8,296.50\/t (+0.53%)<\/p>\n<p>Oil (WTI): US$69.76 (+0.74%)<\/p>\n<p>Oil (Brent): US$74.69 (+0.55%)<\/p>\n<p>Iron 62pc Fe: US$130.77\/t (+0.24%)<\/p>\n<p>AUD\/USD: 0.6533 (-0.26%)<\/p>\n<p>Bitcoin: US$44,038.90 (+0.69%)<\/p>\n<p>\u00a0<\/p>\n<h2>WHAT GOT YOU TALKING<\/h2>\n<p>Nadine McGrath went looking for the Fountain of Youth \u2013 and it turns out she\u2019s not the only one, as her report into the ASX-listers doing the same thing clearly shows.<\/p>\n<h2><\/h2>\n<p>The quest for the elixir of youth has become big business and led to a thriving industry with these <a href=\"https:\/\/twitter.com\/hashtag\/ASX?src=hash&amp;ref_src=twsrc%5Etfw\">#ASX<\/a> companies playing a significant role.  <a href=\"https:\/\/twitter.com\/hashtag\/biotech?src=hash&amp;ref_src=twsrc%5Etfw\">#biotech<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/health?src=hash&amp;ref_src=twsrc%5Etfw\">#health<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/stocks?src=hash&amp;ref_src=twsrc%5Etfw\">#stocks<\/a> <a href=\"https:\/\/t.co\/bIreVAPbRP\">https:\/\/t.co\/bIreVAPbRP<\/a><\/p>\n<p>\u2014 Stockhead (@StockheadAU) <a href=\"https:\/\/twitter.com\/StockheadAU\/status\/1732503138593013950?ref_src=twsrc%5Etfw\">December 6, 2023<\/a><\/p>\n\n<p>\u00a0<\/p>\n<h2>YESTERDAY\u2019S ASX SMALL CAP LEADERS<\/h2>\n<p>Here are the best performing ASX small cap stocks:<\/p>\n<p>Swipe or scroll to reveal full table. Click headings to sort:<\/p>\n<div class=\"supsystic-table-loader spinner\"><\/div>\n<div class=\"supsystic-tables-wrap \">Code Company Price % Volume Market Cap EMU EMU NL 0.0015 50% 16,719,948 $1,667,521 FAU First Au Ltd 0.003 50% 22,014,265 $3,323,987 KBC Keybridge Capital 0.077 45% 381,781 $10,988,905 M4M Macro Metals Limited 0.004 33% 25,000 $7,401,233 WBE Whitebark Energy 0.025 32% 1,188,606 $2,804,281 IVZ Invictus Energy Ltd 0.215 34% 42,012,534 $206,531,871 NGY Nuenergy Gas Ltd 0.023 28% 110,262 $26,657,199 RC1 Redcastle Resources 0.014 27% 6,496,323 $3,143,626 BSN Basinenergylimited 0.125 25% 220,600 $6,228,000 HLX Helix Resources 0.005 25% 90,000 $9,292,583 MRQ Mrg Metals Limited 0.0025 25% 2,312,527 $4,411,837 INV Investsmart Group 0.16 23% 484 $18,548,463 KP2 Kore Potash PLC 0.011 22% 847,526 $6,021,518 ZIP ZIP Co Ltd.. 0.5075 21% 41,242,802 $380,474,223 BCK Brockman Mining Ltd 0.029 21% 21,814 $222,725,571 CTQ Careteq Limited 0.029 21% 1,378,326 $5,330,949 EWC Energy World Corpor. 0.018 20% 4,749,534 $46,183,819 LRL Labyrinth Resources 0.006 20% 733,230 $5,937,719 SKN Skin Elements Ltd 0.006 20% 60,348 $2,947,430 GHY Gold Hydrogen 0.935 18% 2,549,630 $44,969,188 OAK Oakridge 0.06 18% 182,149 $897,570 RIL Redivium Limited 0.007 17% 98,161 $16,385,129 TMR Tempus Resources Ltd 0.007 17% 1,189,638 $2,057,537 RNE Renu Energy Ltd 0.015 15% 3,045,577 $5,817,358 CR1 Constellation Res 0.115 15% 250,000 $4,990,543 <!-- \/#supsystic-table-13599.supsystic-table --><\/div>\n<p><!-- \/.supsystic-tables-wrap --><!-- Tables Generator by Supsystic --><!-- Version:1.10.30 --><!-- http:\/\/supsystic.com\/ --><a title=\"WordPress Tables Plugin\" href=\"https:\/\/supsystic.com\/plugins\/wordpress-data-table-plugin\/?utm_medium=love_link\" target=\"_blank\" rel=\"noopener\">WordPress Tables Plugin<\/a><\/p>\n<p>\u00a0<\/p>\n<p>Yesterday\u2019s Small Caps highlights were:<\/p>\n<p>The board of <a href=\"https:\/\/stockhead.com.au\/company\/whitebark-energy-wbe\/\"><strong>Whitebark Energy (ASX:WBE)<\/strong><\/a> took decisive action on Thursday saying they no longer need their interim CEO.<\/p>\n<p>\u201cThe board remains focused on delivering a positive outcome for shareholders under its strategic review process and will consider the requirements for a replacement CEO. The company will continue to update the market when this process is complete.\u201d<\/p>\n<p>So\u2026 they might\u2019ve found a CEO, or no longer need a CEO\u2026 either way, shareholders liked it.\u00a0 Up +32%.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/redcastle-resources-rc1\/\"><strong>Redcastle Resources (ASX:RC1)<\/strong><\/a> also did good on Thursday.<\/p>\n<p>The $3.7m market capper completed an RC drilling campaign at its 100% owned Queen Alexandra prospect that involved drilling 37 holes, totalling 1,937m, on an area of 20m x 20m.<\/p>\n<p>Samples were then sent off to a Kalgoorlie lab to ascertain gold content, and assays indeed confirm the presence of consistent, shallow gold mineralisation.<\/p>\n<p>As Robert Badman mused: High-fives all round \u2013 they\u2019re definitely not out there wasting their time.<\/p>\n<p>Also out in front of the pack yesterday was\u00a0 microcap gold explorer <a href=\"https:\/\/stockhead.com.au\/company\/emu-emu\/\"><strong>Emu (ASX:EMU)<\/strong><\/a>, which announced the results of its maiden reconnaissance field survey conducted during July and August 2023 at the Georgetown Project in Queensland.<\/p>\n<p>It\u2019s early doors, of course, but the results look promising, with the company laying claim to 15.4g\/t gold assay results recorded from its first reconnaissance rock samples in the NE Dagworth area, ~19km east from Camp Oven Creek.<\/p>\n<p>The company also reports rock samples returned 36.1g\/t gold and 25.6g\/t gold respectively from the Sandy Creek prospect, just south of Georgetown.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/invictus-energy-ivz\/\"><strong>Invictus Energy (ASX:IVZ)<\/strong><\/a> flew high on news of a solid find, reporting that four hydrocarbon samples have been returned to surface in the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe.<\/p>\n<p>\u201cThe Mukuyu-2 discovery, 7km away and 450 meters updip of the Mukuyu-1 well, which can subsequently be classified as a discovery, provides confirmation of the large potential of the Mukuyu field which has a structural closure of over 200km2,\u201d Invictus MD Scott Macmillan said.<\/p>\n<p>\u00a0<\/p>\n<h2><\/h2>\n<h2>YESTERDAY\u2019S ASX SMALL CAP LAGGARDS<\/h2>\n<p>Here are the worst performing ASX small cap stocks:<\/p>\n<p>Swipe or scroll to reveal full table. Click headings to sort:<\/p>\n<div class=\"supsystic-table-loader spinner\"><\/div>\n<div class=\"supsystic-tables-wrap \">Code Company Price % Volume Market Cap YPB YPB Group Ltd 0.001 -50% 33,600 $1,580,923 CHK Cohiba Min Ltd 0.002 -33% 6,855,437 $6,639,733 KNM Kneomedia Limited 0.002 -33% 60,000 $4,599,814 POD Podium Minerals 0.002 -33% 1,545,095 $242,891 VPR Volt Power Group 0.001 -33% 11 $16,074,312 YOJ Yojee Limited 0.004 -33% 3,880,804 $7,835,911 AMD Arrow Minerals 0.0015 -25% 1,741,025 $6,047,530 MCT Metalicity Limited 0.0015 -25% 11,392,957 $8,502,172 FME Future Metals NL 0.04 -22% 1,518,603 $22,111,206 ZMI Zinc of Ireland NL 0.015 -21% 28,052 $4,049,741 EVR Ev Resources Ltd 0.0095 -21% 4,109,133 $11,455,060 GIB Gibb River Diamonds 0.027 -21% 70,000 $7,191,321 GTG Genetic Technologies 0.002 -20% 662,081 $28,854,145 KPO Kalina Power Limited 0.004 -20% 201 $9,529,606 MRD Mount Ridley Mines 0.002 -20% 41,013,121 $19,462,207 RBR RBR Group Ltd 0.002 -20% 1 $4,046,012 TMX Terrain Minerals 0.004 -20% 250,000 $6,767,139 HAL Halo Technologies 0.125 -19% 150,279 $20,071,758 WMG Western Mines 0.295 -18% 434,525 $24,050,357 OLY Olympio Metals Ltd 0.115 -18% 240,678 $8,903,930 AM7 Arcadia Minerals 0.076 -17% 284,300 $10,032,609 MDI Middle Island Res 0.015 -17% 958,693 $3,917,772 ESR Estrella Res Ltd 0.005 -17% 2,236,127 $10,556,231 FTC Fintech Chain Ltd 0.01 -17% 4,000 $7,809,235 ICN Icon Energy Limited 0.005 -17% 1,836 $4,608,082 <!-- \/#supsystic-table-13600.supsystic-table --><\/div>\n<p><!-- \/.supsystic-tables-wrap --><!-- Tables Generator by Supsystic --><!-- Version:1.10.30 --><!-- http:\/\/supsystic.com\/ --><a title=\"WordPress Tables Plugin\" href=\"https:\/\/supsystic.com\/plugins\/wordpress-data-table-plugin\/?utm_medium=love_link\" target=\"_blank\" rel=\"noopener\">WordPress Tables Plugin<\/a><\/p>\n<p>\u00a0<\/p>\n<h2>TRADING HALTS<\/h2>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/4d-medical-4dx\/\">4D Medical (ASX:4DX)<\/a> \u2013 pending an announcement by the Company to the market regarding a proposed capital raising and an acquisition.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/rhinomed-rno\/\">Rhinomed (ASX:RNO)<\/a> \u2013 pending an announcement by Rhinomed in relation to an application to be removed from the official list of ASX.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/talius-group-tal\/\">Talius Group (ASX:TAL)<\/a> \u2013 pending an announcement to the ASX in relation to a proposed capital raising.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/flynn-gold-fg1\/\">Flynn Gold (ASX:FG1)<\/a> \u2013 pending an announcement regarding a material acquisition and capital raising.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/green-technology-metals-gt1\/\">Green Technology Metals (ASX:GT1)<\/a> \u2013 pending an announcement regarding a capital raising.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/argent-minerals-ard\/\">Argent Minerals (ASX:ARD)<\/a> \u2013\u00a0 pending an announcement regarding a capital raising.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/pantera-minerals-pfe\/\">Pantera Minerals (ASX:PFE)<\/a> \u2013 pending an announcement regarding a material project transaction in the Smackover region, USA, and a capital raising.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/nordic-nickel-nnl\/\">Nordic Nickel (ASX:NNL)<\/a> \u2013 pending an announcement to the market in relation to a proposed capital raising.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/metalsgrove-mining-mga\/\">MetalsGrove Mining (ASX:MGA)<\/a> \u2013 pending the release of an announcement in relation to material acquisitions.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/austin-metals-ayt\/\">Austin Metals (ASX:AYT)<\/a> \u2013 pending an announcement in connection with an acquisition of Project and capital raising.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/ironbark-zinc-ibg\/\">Ironbark Zinc (ASX:IBG)<\/a> \u2013 pending an announcement regarding a potential acquisition and a capital raising.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/winsome-resources-wr1\/\">Winsome Resources (ASX:WR1)<\/a> \u2013 pending release of a maiden Mineral Resource Estimate.<\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/news\/rise-and-shine-everything-you-need-to-know-before-the-asx-opens-344\/\">Rise and Shine: Everything you need to know before the ASX opens<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Good morning everyone, and welcome to Friday, 8 December \u2013 a day on the calendar that will sometimes be remembered by a handful of people <a href=\"https:\/\/economicherald.net\/?p=2888\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":239,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rise and Shine: Everything you need to know before the ASX opens - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=2888\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rise and Shine: Everything you need to know before 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