Rise and Shine: Everything you need to know before the ASX opens

Good morning, and Happy Friday! Here’s everything you need (and some stuff you don’t need) to know before the ASX opens today.

I'm beginning to think this whole "Build Your Own Watch" kit was a terrible idea. Pic via Getty Images.

Good morning everyone, and welcome to 21 June, 2024 – an important day in the history of farming and often-dreadful folk rock music.

It was on this day in 1834 that an American inventor and businessman called Cyrus McCormick patented the reaping machine, a startling step forward that made farming a lot easier and briefly put Death out of a job.

It made sense to build a reaping machine, as the earliest sowing machine had been in use for quite some time, after Jethro Tull invented a seed-planting drill in 1701, before celebrating his achievement by recording seminal prog-rock masterpiece Aqualung 270 years later.

Luckily for you, you won’t need to know how to play the flute while standing on one leg in order to get the information you need before the market opens today.

If you fancy a pre-lunch tipple, we've got the good oil on some top shelf plonk and – as always – I’ve thrown together lots of fiddly little things below, so you don’t need to go ferreting all over the internet for your ASX info this morning.

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$2,343.54 (+0.74%)

Silver: US$30.35 (+1.99%)

Nickel (3mth): US$17,518/t (+2.91%)

Copper (3mth): US$9,809/t (+1.63%)

Zinc: US$2,816/t (+3.11%)

Oil (WTI): US$80.61 (-1.18%)

Oil (Brent): US$85.22 (+0.18%)

Iron 62pc Fe: US$107.11/t (0.00%)

AUD/USD: 0.6667 (+0.00%)

Bitcoin: US$65,424.90 (+0.74%)

WHAT GOT YOU TALKING

Christian’s deep dive into the colourful world of Indian stocks is definitely worth a read if you missed it.

Indian #stocks closed at record highs for the third straight session on Tuesday, led by gains in #IT and #financial stocks. | #India https://t.co/2y0fEOZpwb

— Stockhead (@StockheadAU) June 19, 2024

YESTERDAY’S ASX SMALL CAP LEADERS

Here are the best performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

Code	Name	Price	% Change	Volume	Market Cap
TM1	Terra Metals Limited	0.083	168%	74,882,618	$9,169,140
JAV	Javelin Minerals Ltd	0.002	100%	3,752,488	$2,501,231
AYM	Australia United Min	0.003	50%	569,477	$3,685,155
RIL	Redivium Limited	0.003	50%	8,095,148	$5,461,710
YPB	YPB Group Ltd	0.003	50%	1,039,999	$1,615,923
KOR	Korab Resources	0.007	40%	2,239,047	$1,835,250
AHF	Aust Dairy Limited	0.025	39%	4,752,384	$11,634,602
GYG	Guzman Y Gomez Ltd	30.29	38%	3,328,507	$2,229,764,108
HXG	Hexagon Energy	0.015	36%	1,553,850	$5,642,075
OAU	Ora Gold Limited	0.006	33%	23,370,903	$32,135,218
ZGL	Zicom Group Limited	0.077	31%	83,481	$12,659,040
ASV	Assetvisonco	0.022	29%	140,789	$12,339,222
CBL	Control Bionics	0.055	28%	16,482,526	$8,569,331
CTO	Citigold Corp Ltd	0.005	25%	774,855	$12,000,000
GCM	Green Critical Min	0.005	25%	7,898,507	$4,546,340
ICU	Investor Centre Ltd	0.005	25%	703,329	$1,218,045
RLG	Roolife Group Ltd	0.005	25%	5,562	$3,129,527
SIH	Sihayo Gold Limited	0.0025	25%	913,000	$24,408,512
TAS	Tasman Resources Ltd	0.005	25%	61,000	$2,850,677
ARN	Aldoro Resources	0.08	21%	1,683,878	$8,885,167
BTR	Brightstar Resources	0.018	20%	54,753,904	$68,549,770
TSL	Titanium Sands Ltd	0.006	20%	227,135	$11,058,736
PFE	Panteraminerals	0.035	17%	119,970	$8,044,997
AN1	Anagenics Limited	0.007	17%	189,726	$2,767,922

Up 177% at the time of writing, Terra Metals (ASX:TM1) was the best of the bunch on Thursday, taking off on news that early-stage drilling has hit multiple copper platinum group element (PGE) reefs from surface, only 15km down the road from BHP’s (ASX:BHP) $1.7 billion Nebo-Babel mine development.

The WA-focused critical minerals junior explorer reports early-stage drilling at the company’s Dante project in West Musgrave has confirmed the multiple “Platreef-style”  PGE reefs from surface.

The results hail from a further 14 wide-spaced, “first-pass reconnaissance” drill holes at Dante Reefs, and these are defined so far over 4.5km of the Reef 1 and 2 targets, with mineralisation open along strike and downdip.

Up about 36% was Hexagon Energy Materials (ASX:HXG) which has completed a funding round which it says takes the company to the FEED stage of its WAH2 low-emissions ammonia project.

The funding round of A$1 million (A$0.94 million net of fees) was completed with funds to be received by tomorrow – 21 June 2024.

HXG says to minimise dilution to existing shareholders, the funding was structured as a convertible note which references future share prices to allow Hexagon to achieve a higher effective issue price from any higher valuations after re-rating as announcements are made, whilst also guaranteeing a minimum conversion price of A$0.02.

Junior uranium and goldie Haranga Resources' (ASX:HAR) main game is in West Africa, primarily Senegal. The company’s portfolio spans Senegal, Cote d’Ivoire, and Burkina Faso, covering 2,702sqkm across seven tenements, and its share price was up nicely on Thursday as well.

HAR upgraded uranium resources at its Saraya project in West Africa to 16.11 million pounds, with the majority of this within 140m from surface.

Control Bionics (ASX:CBL) was also moving quickly on Thursday morning, after revealing that its autonomous wheelchair module, DROVE, has been officially included as a Class 1 Medical Device in the Australian Register of Therapeutic Goods, which means CBL can now commence commercial sales of the DROVE module in Australia.

And Aldoro Resources (ASX:ARN) was the next best performer, climbing nicely after announcing that the company has picked up some crackerjack rock chip samples at its Kameelburg carbonatite project.

Results from 74  newly collected samples are in and those highlight the REE-rich nature of the carbonatite with TREO(+Y) assays ranging from 1.16 to 9.89%. The most notable niobium assays revealed up to 10.38% Nb2O5 and 9.89% TREO.

YESTERDAY’S ASX SMALL CAP LAGGARDS

Here are the worst performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

Code	Name	Price	% Change	Volume	Market Cap
JAV	Javelin Minerals Ltd	0.001	-50%	856,699	$5,002,462
ME1	Melodiol Glb Health	0.021	-48%	9,061,967	$1,457,991
RIL	Redivium Limited	0.002	-33%	276,377	$8,192,564
NGY	Nuenergy Gas Ltd	0.018	-28%	436,200	$37,023,887
IMI	Infinitymining	0.020	-26%	182,801	$3,206,342
AML	Aeon Metals Ltd.	0.006	-25%	4,616,138	$8,771,205
BFC	Beston Global Ltd	0.003	-25%	2,308,091	$7,988,188
TD1	Tali Digital Limited	0.002	-25%	174,569	$6,590,311
CDT	Castle Minerals	0.005	-23%	9,594,788	$7,959,204
ANR	Anatara Ls Ltd	0.031	-23%	45,293	$7,645,749
WBE	Whitebark Energy	0.011	-21%	1,001,800	$2,688,005
HLI	Helia Group Limited	3.365	-20%	5,202,437	$1,229,289,064
BCT	Bluechiip Limited	0.004	-20%	836,000	$5,910,198
BUY	Bounty Oil & Gas NL	0.004	-20%	18,206,226	$7,492,505
CRB	Carbine Resources	0.004	-20%	750,000	$2,758,689
FAU	First Au Ltd	0.002	-20%	163,000	$4,154,983
NSM	Northstaw	0.016	-20%	107,310	$2,797,516
ROG	Red Sky Energy.	0.004	-20%	2,942,094	$27,111,136
TMR	Tempus Resources Ltd	0.004	-20%	296,407	$5,154,994
TX3	Trinex Minerals Ltd	0.002	-20%	3,375,088	$4,571,631
BNL	Blue Star Helium Ltd	0.009	-18%	25,000	$21,364,918
SIX	Sprintex Ltd	0.041	-18%	470,002	$26,356,240
NNL	Nordicnickellimited	0.067	-17%	4,713	$10,520,592
ICE	Icetana Limited	0.015	-17%	224,441	$4,763,312

TRADING HALTS

InteliCare (ASX:ICR) –  pending an announcement to the market regarding a capital raising.

Western Mines Group (ASX:WMG) – pending announcement of a capital raising.

Mayur Resources (ASX:MRL) – pending an announcement in relation to the capital funding requirements for its Central Lime Project.

Radiopharm Theranostics (ASX:RAD) – pending an announcement in relation to a potential capital raising.

Originally published as Rise and Shine: Everything you need to know before the ASX opens