On Stockhead today,<\/p>\n
Pilbara Minerals\u2019 trendsetting lithium auction is back, baby! Can it heat up mild spodumene prices?<\/a><\/p>\n But first, the day ahead.<\/p>\n \u00a0<\/p>\n LITCHFIELD MINERALS (ASX:LMS)<\/a><\/strong><\/p>\n IPO: $5m at 20c per share<\/strong><\/p>\n Commences Trading: 11am Eastern Time Friday, March 15<\/strong><\/p>\n The Northern Territory-focused junior explorer lists on the ASX with a handful of uranium and critical minerals exploration assets.<\/p>\n These include copper and uranium targets at the Mount Doreen tenement in the Arunta region, about 350km from Alice Springs, and the Lucy Creek manganese project in the Georgina Basin.<\/p>\n \u00a0<\/p>\n Gold: US$2,170.60\/oz (-0.23%)<\/em><\/p>\n Silver: US$25.01\/oz (-0.08%)<\/em><\/p>\n Nickel (3mth): US$18,377\/t (+2.03%)<\/em><\/p>\n Copper (3mth): US$8,653.00\/t (+0.86%)<\/em><\/p>\n Oil (WTI): US$80.41 (+0.87%)<\/em><\/p>\n Oil (Brent): US$84.71 (+0.79%)<\/em><\/p>\n Iron 62pc Fe: US$107.00\/t (-3.15%)<\/em><\/p>\n AUD\/USD: 0.6625 (+0.09%)<\/em><\/p>\n Bitcoin: US$73,049 (-0.05%)<\/em><\/p>\n \u00a0<\/p>\n These stocks went into trading halts yesterday and are expected out in the coming days:<\/em><\/p>\n C29 Metals Limited (ASX: C29)<\/a> \u2013 material acquisition and capital raise<\/p>\n DigitalX Limited (ASX: DCC)<\/a> \u2013 placement<\/p>\n PYC Therapeutics Limited (ASX: PYC)<\/a> \u2013 capital raise<\/p>\n Enova Mining Limited (ASX: ENV)<\/a> \u2013 significant exploration results for the recently announced CODA project acquisition<\/p>\n \u00a0<\/p>\n Two bits of exciting news for beaten down lithium baggies.<\/p>\n One:<\/p>\n Big news if true for @LithiumAmericas<\/a> #ThackerPass<\/a><\/p>\n David Deckelbaum of TD Cowen note below reiterating comments he made in recent #RockStockChannel<\/a> interview flagging DOE loan as potential catalyst for $LAC<\/a> to trade up to $8<\/p>\n $2B loan would be larger than expected. Has capex\u2026 pic.twitter.com\/4btwpIjUMz<\/a><\/p>\n \u2014 Howard Klein (@LithiumIonBull) March 14, 2024<\/a><\/p>\n\n \u00a0<\/p>\n And two:<\/p>\n $PLS<\/a> BMX not needed $1200 dmt pre auction sale<\/p>\n Spot is $1045 #lithium<\/a> pic.twitter.com\/xAjA6XSSca<\/a><\/p>\n \u2014 Mark Gardner (@markgardn) March 14, 2024<\/a><\/p>\n\n \u00a0<\/p>\n Keep up to date with\u00a0Stockhead\u00a0coverage or you\u2019ll miss gold like that EVERY DAY. Follow our\u00a0Twitter page<\/a>.<\/strong><\/p>\n Also, be sure to check in at preopen each day for \u2018Market Highlights and 5 ASX Small Caps to Watch<\/em>\u2019, and 10.40am for our daily \u201810 at 10\u2019<\/em>\u00a0column \u2014 a live summary of winners & losers at the opening bell.<\/strong><\/p>\n \u00a0<\/p>\n Here are Thursday\u2019s best performing ASX small cap stocks:<\/strong><\/p>\n Swipe or scroll to reveal full table. Click headings to sort:<\/em><\/p>\n Code Company Price % Volume Market Cap ARU Arafura Rare Earths 0.2525 71% 49,287,576 $340,769,573 BP8 Bph Global Ltd 0.0015 50% 1,004,488 $1,954,116 AUK Aumake Limited 0.004 33% 162,216 $5,743,220 PPY Papyrus Australia 0.02 33% 35,252 $7,390,389 CVR Cavalierresources 0.175 30% 109,478 $4,296,904 CVV Caravel Minerals Ltd 0.19 27% 2,143,058 $78,641,970 M4M Macro Metals Limited 0.005 25% 18,722,601 $12,928,267 MCT Metalicity Limited 0.0025 25% 2,150,064 $8,970,108 PUR Pursuit Minerals 0.005 25% 7,486,153 $11,775,886 SLC Superloop Limited 1.3075 25% 14,785,592 $515,733,267 TRE Toubani Res Ltd 0.13 24% 137,000 $14,055,895 LM8 Lunnonmetalslimited 0.3 22% 54,961 $53,369,878 TEM Tempest Minerals 0.011 22% 6,301,990 $4,672,120 AIS Aeris Resources Ltd 0.14 22% 9,513,144 $111,265,437 BUS Bubalusresources 0.145 21% 541,727 $3,860,841 NTM Nt Minerals Limited 0.006 20% 875,463 $4,299,515 AQC Auspaccoal Ltd 0.095 19% 2,929,289 $41,037,407 CPO Culpeominerals 0.051 19% 5,683,427 $7,085,922 SPX Spenda Limited 0.013 18% 1,138,100 $47,569,036 PTR Petratherm Ltd 0.02 18% 2,100 $3,820,769 PNN Power Minerals Ltd 0.2 18% 120,253 $14,853,937 NXM Nexus Minerals Ltd 0.042 17% 800,657 $14,006,165 ICG Inca Minerals Ltd 0.007 17% 50,000 $3,526,958 CYP Cynata Therapeutics 0.18 16% 100,370 $27,842,927 8CO 8Common Limited 0.046 15% 92,650 $8,963,796 <\/p>\n WordPress Table Plugin<\/a><\/p>\n Arafura Rare Earths (ASX:ARU)<\/a>\u00a0has secured conditional Commonwealth Government approval for a US$533 million debt financing package to build its Nolans project in the Northern Territory.<\/p>\n Lobbing a mention of artificial intelligence into a release was enough to give $2m capped biotech BPH Global (ASX:BP8)<\/a> a nice bump at Thursday\u2019s open.<\/p>\n BP8 says it will \u201cexpand its seaweed research and development activities into essential mineral extraction utilising AI search technology\u201d.<\/p>\n Superloop (ASX:SLC)<\/a> is now providing wholesale internet services to two of Australia\u2019s largest energy companies after inking a six-year contract with Origin Energy and its subsidiaries.<\/p>\n The contract is expected to add +$19m of annualised earnings once the current subscriber base is fully transitioned, it says.<\/p>\n \u00a0<\/em><\/p>\n Here are Thursday\u2019s worst performing ASX small cap stocks:<\/strong><\/p>\n Swipe or scroll to reveal full table. Click headings to sort:<\/p>\n Code Company Price % Volume Market Cap MIO Macarthur Minerals 0.001 -67% 1,007,978 $99,752 SLZ Sultan Resources Ltd 0.014 -36% 9,913,971 $3,645,539 CYQ Cycliq Group Ltd 0.003 -25% 4,243,975 $1,430,067 SFG Seafarms Group Ltd 0.003 -25% 387,556 $19,346,397 VPR Volt Power Group 0.0015 -25% 346,898 $21,432,416 CTQ Careteq Limited 0.018 -25% 8,588,216 $5,653,135 MIO Macarthur Minerals 0.097 -22% 100,854 $20,781,686 NYR Nyrada Inc. 0.1025 -21% 3,710,065 $20,281,131 APX Appen Limited 0.765 -21% 21,948,216 $211,568,405 ASR Asra Minerals Ltd 0.004 -20% 122,500 $8,319,979 ECT Env Clean Tech Ltd. 0.004 -20% 68,525 $14,321,552 ESR Estrella Res Ltd 0.004 -20% 2,078,464 $8,796,859 ME1 Melodiol Glb Health 0.004 -20% 2,358,325 $1,964,980 NAE New Age Exploration 0.004 -20% 2,574,236 $8,969,495 VML Vital Metals Limited 0.004 -20% 2,333,538 $29,475,335 NME Nex Metals Explorat 0.017 -19% 198,399 $7,403,183 SKY SKY Metals Ltd 0.034 -19% 1,901,456 $19,378,720 RAS Ragusa Minerals Ltd 0.03 -19% 263,446 $5,276,155 ABB Aussie Broadband 3.52 -19% 8,821,411 $1,278,149,911 IMI Infinitymining 0.061 -19% 22,671 $8,906,504 DY6 Dy6Metalsltd 0.044 -17% 31,965 $2,093,279 OSX Osteopore Limited 0.3 -17% 94,084 $3,718,328 FGL Frugl Group Limited 0.005 -17% 1,009,300 $8,938,647 ODE Odessa Minerals Ltd 0.005 -17% 501,371 $6,259,695 PLN Pioneer Lithium 0.14 -15% 121,165 $4,690,125 <\/p>\n WordPress Table Plugin<\/a><\/p>\n Explorer Sultan Resources (ASX:SLZ)<\/a> has completed a 2 hole drill program at the Calesi prospect in WA and, while assays are pending, \u201cno visible support for magmatic nickel sulphides was observed\u201d.<\/p>\n The Australian Tax Office (ATO) reckons healthtech Careteq (ASX:CTQ)<\/a> was not entitled to almost $1.3m of tax offsets related to R&D claims over the past two years.<\/p>\n Should it be unable to substantiate its claim CTQ will have to pay back the money plus a $320,000 \u2018administrative penalty\u2019.<\/p>\n Meanwhile, Superloop\u2019s gain mentioned above is Aussie Broadband\u2019s (ASX:ABB)<\/a> loss.<\/p>\n ABB says it received \u201cunexpected notice\u201d on the evening of 13 March 2024 that Origin Energy will terminate the White Label Wholesale Agreement with ABB effective 12 April 2024.<\/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":"WHO\u2019S LISTING?<\/h2>\n
COMMODITY\/FOREX\/CRYPTO MARKET PRICES<\/strong><\/h2>\n
TRADING HALTS<\/h2>\n
WHAT GOT YOU TALKING YESTERDAY?<\/h2>\n
YESTERDAY\u2019S ASX SMALL CAP LEADERS<\/h2>\n
YESTERDAY\u2019S ASX SMALL CAP LAGGARDS<\/h2>\n