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

On stick head Today a cozy graphite project will come cheap, steel in China and space diamonds to save our tools

But first the next day.

Local stocks will open significantly lower today. As of 8:00 am AEST, the ASX 200 September futures contract is pointing down more than 2%.

Who lists?

Octava Minerals (ASX:OCT)

IPO: $6M at $0.20

This lithium, platinum group metals (PGMs), nickel sulphide and gold explorer has properties in the Pilbara, with its flagship project, the East Pilbara Talga Lithium and Gold Project.

The recent successes of other exploration companies, such as e.g Global Lithium Resources (ASX:GL1), has shown that significant lithium-bearing pegmatites are prevalent in the region.

Talga is located approximately 10 km northeast of GL1’s Archer lithium deposit where an Inferred Resource of 10.5 Mt grading 1.0% Li20 was reported in a similar geological setting.

Octava’s portfolio also includes the Panton North and Copernicus North nickel and PGM projects and the Yallalong PGE, gold and nickel sulphide project.

Trading stops

Atlas artery (ASX:ALX) – ALX is planning a capital increase through an accelerated subscription offering, which sounds like a drag race to the side of a pile of cash

Dotz Nano (ASX:DTZ) – Proposed placement with a US-based institutional fund, which sounds like an internship gig, but it isn’t

TechGen Metals (ASX:TG1) – Capital increase

Lithium Energy (ASX:LEL) – Capital increase

Whitebark Energy (ASX:WBE) – Capital increase

Aspen Group (ASX:APZ) – Raising equity through an institutional placement, which is a very polite way of saying put your mother in a home and spend the inheritance.

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $1,701.85 (-1.29%)

Silver: $19.32 (-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/t (+90.2% YTD)

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

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

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

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

AUD/USD: 0.6729 (-0.5%)

Bitcoin: $20,239 (-9.40%)

WHAT MADE YOU TALK YESTERDAY?

Our lunch wrap filled with hilarious commentary on the logistics behind the political society event of the century as the world prepares for the Queen’s final farewell.

Keep up with Stockhead coverage or you’ll miss out on gold like this EVERY DAY. Follow our Twitter page.

For all crypto lovers Stockhead’s Coinhead Facebook group is the place to share your views, insights, tips and ideas.

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

YESTERDAY’S BIGGEST SMALL-CAP WINNERS

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

Scroll or swipe to see the table. Click Headings to sort.

Critical Resources (ASX:CRR), ended the day 30% higher due to “thick, high-grade intercepts with intercepts of exceptionally high-grade lithium oxide” at Mavis Lake.

Dalaroo Minerals (ASX:DAL) gained 19% and added several more lead-zinc sulphide intersections during its initial drill program at Browns in Gascoyne.

YESTERDAY’S BIGGEST SMALL-CAP LOSERS

(Stocks highlighted in yellow fell on announcements during the trading day).

Scroll or swipe to see the table. Click Headings to sort.


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