Good morning everyone, and welcome to 17 January, 2024 \u2013\u00a0a date on the calendar that has historically been pretty good for women in sport, but otherwise a bit of a dud for women in other walks of life.<\/p>\n
Today\u2019s recognised as the day women\u2019s golfing legend Patty Berg managed a three-stroke win over Dorothy Kirby to bring home the inaugural LPGA Titleholders Championship Women\u2019s Golf, at the almighty Augusta golf course in 1937.<\/p>\n
And it was on this day in 1953 that American tennis sensation Maureen Connolly won the first leg of her eventual Grand Slam, taking Australian Championships Women\u2019s Tennis final against fellow Julia Sampson, 6-3, 6-2.<\/p>\n
But further back in history, things weren\u2019t that great. It was on this day in 1893 that the ruling monarch of Hawaii, Queen Liliuokalani, was oustered by an American-led coup \u2013 an act that led to the establishment of the Republic of Hawaii, and its eventual slow descent into American statehood.<\/p>\n
And it was clearly a very bad day for the womenfolk of the Polish town of Kalisk, where the locals \u2013 enraged over a poor turnip crop \u2013 dragged nine old ladies to the middle of town and set them on fire, in the belief they were witches.<\/p>\n
Poland, it turns out, had a bit of thing for burning people accused of witchcraft, with one source that I briefly skimmed this morning claiming that a total of 49 women and 19 men were condemned for witchcraft in Poland, during the 1600s up to the mid 1700s.<\/p>\n
Setting people on fire when crops failed kind of went out of style after that, but unexplained illnesses among the noblefolk remained a cause of much consternation among the witchier-looking folks of Poland for quite some time.<\/p>\n
Thankfully, these days we have stuff like Science to believe in, leaving the witch-burners to go after Swedish teenagers called Greta instead\u2026 metaphorically speaking, of course.<\/p>\n
And on that note, it\u2019s probably best we move on to today\u2019s real task at hand \u2013 giving you all the info you need to magic up some gains from a wobbly-old ASX this week.<\/p>\n
To help you get started, we\u2019ve got Rob Badman\u2019s look at the IPOs of 2023, Nadine McGrath\u2019s look at the experts for 2024 and I wrote a thing, too. But you probably won\u2019t even read it.<\/p>\n
Plus, down below, there\u2019s all the data and digits and letters and numbers and other squiggles and doo-dads that make up the bare bones of what the market\u2019s gonna look like as the day progresses.<\/p>\n
\u00a0<\/p>\n
Gold: US$2,049.25 (-0.27%)<\/p>\n
Silver: US$23.13 (-0.39%)<\/p>\n
Nickel (3mth): US$15,961.00\/t (-0.69%)<\/p>\n
Copper (3mth): US$8,248.15\/t (-0.19%)<\/p>\n
Oil (WTI): US$72.56 (-0.32%)<\/p>\n
Oil (Brent): US$78.29 (-0.45%)<\/p>\n
Iron 62pc Fe: US$137.22\/t (-1.19%)<\/p>\n
AUD\/USD: 0.6617 (-0.49%)<\/p>\n
Bitcoin: US$42,841.30<\/span> (+0.82%)<\/p>\n \u00a0<\/p>\n A banger of an instalment from Resources mega-brain Reuben Adams, with the added bonus that his copy of Photoshop tried to dob him in to the FBI for attempting to print illegal copies of money on his laptop. What a time to be alive\u2026<\/p>\n \u00a0<\/p>\n #Resources<\/a> Top 4: Minority shareholders are holding out hope that ERA will develop Jabiluka, a #uranium<\/a> orebody RIO has promised will never be touched. https:\/\/t.co\/7ATdb2Jmuz<\/a><\/p>\n \u2014 Stockhead (@StockheadAU) January 16, 2024<\/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 Table Plugin<\/a><\/p>\n \u00a0<\/p>\n The morning\u2019s good going belonged to Koonenberry Gold (ASX:KNB)<\/a>, which dropped an announcement this morning that final approvals have been received for the maiden drilling program at its Atlantis Au-Cu Prospect, and \u201cas soon as weather conditions permit\u201d they\u2019ll get the drills spinning to conduct first pass Air Core drilling at the site.<\/p>\n \u201cThe Atlantis outcropping copper-gold mineralisation, copper-gold soil anomaly, geophysical targets, structural and geological setting make Atlantis a compelling target,\u201d KNB MD Dan Power said.<\/p>\n \u201cWhilst this prospect has been known about for some years, Koonenberry Gold has advanced it to drill ready status and will be the first ever exploration company to conduct drill testing.\u201d Presumably he means at that particular site, but you get the idea.<\/p>\n KNB also has assay results incoming from its Bellagio project, which the company says are \u201canticipated soon\u201d.<\/p>\n Later in the day, White Cliff Minerals (ASX:WCN)<\/strong><\/a> moved towards the top of the ladder again, following on from yesterday\u2019s news that it\u2019s all set to acquire a historical uranium project in the Northwest Territories of Canada called Radium Point.<\/p>\n The investor presentation it delivered this morning re-stating that news and giving a brief update on how the company\u2019s travelling was just the shot in the arm it needed to resume its shuffling towards a nicely fattened purse.<\/p>\n BMG Resources (ASX:BMG)<\/a> dropped a bit of a bombshell in the morning, fuelling a major surge in volume and pushing its price up more than 23% with news that long-time MD Bruce McCracken has resigned from BMG and all of its subsidiaries.<\/p>\n With McCracken gone, non-executive director John Prineas assumes the role of non-executive chairman, while non-executive chairman Greg Hancock transfers to the role of independent non-executive director.<\/p>\n Prineas steps into the role with a host of other responsibilities on his plate as well \u2013 he\u2019s currently BMG\u2019s largest shareholder (holding 9.8%), and is also the founder and executive chairman of St George Mining (ASX:SGQ) and founder and a non-executive director of American West Metals (ASX:AW1).<\/p>\n As it stands with BMG, Prineas is set to assume day-to-day responsibilities for BMG matters, until a new CEO or MD is appointed to the role.<\/p>\n There were a bunch of Small Caps moving around for reasons probably known only to them \u2013 that included Firebird Metals (ASX:FRB)<\/a>, clawing back some of the ground that it lost late last week, and Fatfish Group (ASX:FFG)<\/a> which was lurching around like it often does, so no huge surprise there, really.<\/p>\n Chilwa Minerals (ASX:CHW)<\/a>, PVW Resources (ASX:PVW)<\/a> and Metal Hawk (ASX:MHK)<\/a> were also heading north in the morning, without any announcements providing information about why.<\/p>\n And Aerometrex (ASX:AMX)<\/a> delivered a quarterly before lunch, bearing upbeat news for investors \u2013 the company expects to deliver a record first half (1H) revenue outcome, driven by \u201cstrong ongoing performance of the LiDAR and MetroMap product lines\u201d.<\/p>\n AMX reckons it\u2019s likely to post a group revenue in the $11.8-$12.2 million range, which is a tidy climb from the previous years\u2019 $10 million high water mark.<\/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 Table Plugin<\/a><\/p>\n \u00a0<\/p>\n Rex Minerals (ASX:RXM)<\/a> \u2013 pending an announcement by the company in relation to a proposed capital raising.<\/p>\n MetalsTech (ASX:MTC)<\/a> \u2013 pending *deep breath* \u201cdetailed submissions (specifically ASX Listing Rules Chapter 11 \u2013 \u2018Significant Transactions\u2019) [to be] made to the ASX in relation to the potential transaction with Trans Metal Fund LP for the 100% acquisition of the high-tonnage, high-value underground-only Gold-Silver mining operation at the 100%-owned Sturec Gold Mine in Slovakia.<\/p>\n PhosCo (ASX: PHO)<\/a> \u2013 pending an announcement by the company to the market regarding a capital raising.<\/p>\n \u00a0<\/p>\n \u00a0<\/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":"WHAT GOT YOU TALKING<\/h2>\n
YESTERDAY\u2019S ASX SMALL CAP LEADERS<\/h2>\n
Yesterday\u2019s Small Cap Winners included:<\/h2>\n
YESTERDAY\u2019S ASX SMALL CAP LAGGARDS<\/h2>\n
TRADING HALTS<\/h2>\n