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Flashpoint - Edition #2

Updated: May 31, 2023

Watch Bulls N’ Bears Matt Birney take you through the rise and rise of lithium and the curious case of coal.

Brought to you by CPS Capital


Matt Birney - Thanks Geof,

Matt Birney - Lithium continues to capture the imagination - and the money I might say - of the punting public and the attention of traditionally gold focused companies like Kula Gold who surged 70 per cent this week with little more than a plan to explore for lithium near the revered Greenbushes lithium mine in WA.

Matt Birney - Gold Mountain also rocketed 67 per cent after proposing to acquire some lithium ground in Brazil. Its share price hitting a cent – up from 0.6 of a cent last week.

Matt Birney - Copper explorer Demetallica climbed 50 per cent after an unsolicited takeover offer, vaulting to a high of 30 cents, up from its close of 20 last week.

Matt Birney - And curiously, coal miner MC Mining – with absolutely no news in the market – hiked 57 per cent - its share price touching 92.5 cents - up from 59 last week.

Matt Birney - Interestingly, rumours of the demise of coal may be a little premature, with the price of the controversial commodity up 150 per cent over the past year.


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