Rise and Shine: everything you need to know before the market opens

ON Stockhead today, a tender graphite project is going cheap, steel moving in China and space diamonds are coming to save our tools

But first, the day ahead.

Local stocks are expected to open much lower today. At 8:00 AEST, the September ASX 200 futures contract is down more than 2%.

Who is he listing?

Octava Minerals (ASX: OCT)

IPO: $ 6 million at $ 0.20

This explorer of lithium, platinum group metals (PGM), nickel sulfide and gold has council houses in the Pilbara, with his flagship project, the East Pilbara Talga lithium and gold project.

Recent successes from other exploration companies, such as Global Lithium Resources (ASX: GL1), showed that lithium-containing pegmatites are prevalent in the region.

Talga is located about 10 km northeast of GL1’s Archer lithium deposit, where it reported an inferred resource of 10.5 Mt at 1.0% Li20 in a similar geological environment.

Octava’s portfolio also includes Panton North and Copernicus North nickel and PGMs projects, as well as the Yallalong PGEs, gold and nickel sulfides project.

Trade stops

Atlas Arteria (ASX: ALX) – ALX is planning a capital increase via an accelerated entitlement offer, which sounds like a drag race against a pile of cash

Dotz Nano (ASX: DTZ) – Placement proposal with an institutional fund based in the United States, which sounds like a work experience, but it is not

TechGen Metalli (ASX: TG1) – Capital increase

Lithium Energy (ASX: LEL) – Capital increase

White Bark Energy (ASX: WBE) – Capital increase

Aspen Group (ASX: APZ) – Capital increase via an institutional placement, which is a very polite way of saying that you are putting your mother in a house and spending the inheritance.

MARKET PRICES OF GOODS / FOREX / CRYPTO

Gold: $ 1,701.85 (-1.29%)

Silver: $ 19.32 USD (-2.29%)

Nickel (3 months): $ 24,100 / t (-1.94%)

Copper (3 months): $ 7,830 / t (-1.58%)

Lithium carbonate, China (Benchmark Minerals Intelligence, August 17): 71,200 USD / t (+ 90.2% year to date)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, August 17): USD 71,775 / t (+ 127.4% YTD)

Oil (WTI): $ 87.60 USD (-0.20%)

Oil (Brent): $ 93.30 USD (-0.75%)

62pc Fe iron: $ 101.43 (+ 0.02%)

AUD / USD: 0.6729 (-0.5%)

Bitcoin: $ 20,239 (-9.40%)

WHAT MADE YOU TALK YESTERDAY?

Our picnic lunch, filled with hilarious comments on the logistics behind what is essentially the political society event of the century, as the world prepares for the queen’s final farewell.

Keep up to date with Stockhead coverage or you’ll miss gold like that EVERY DAY. Follow ours Twitter page.

For all of you cryptocurrency lovers Stockhead’s Coinhead Facebook Group it is the place to share opinions, insights, suggestions and ideas.

Also, be sure to check in before opening each day for “Market Highlights and 5 ASX Small Caps to Watch” and at 10:30 for our daily “10 to 10” column – a live round of winners and losers at the opening bell.

YESTERDAY’S BIGGEST SMALL CAP WINNERS

(Stocks highlighted in yellow rose after making announcements during the trading day).

Scroll or scroll to view the table. Click on the titles to sort.


Critical resources (ASX: CRR), ended the day with a 30% increase due to “thick, high quality intercepts, with exceptional quality lithium oxide sections” at Mavis Lake.

Dalaroo Minerals (ASX: DAL) gained 19% and added many more lead-zinc sulfide intersections during its first drilling program at Browns in Gascoyne.

YESTERDAY’S BIGGEST LOST SMALL CAPS

(The stocks highlighted in yellow fell after making announcements during the trading day).

Scroll or scroll to view the table. Click on the titles to sort.


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