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Flashpoint - Edition #3

Updated: Jul 16

Last week’s ASX top runner went looking for water and found something far more lucrative.



Brought to you by CPS Capital


FLASHPOINT - TRANSCRIPT


Matt Birney - Thanks Geof


Matt Birney - Okay, Dundas Minerals is leading the pack this week. Its share price got all stratospheric after it hit cobalt, nickel, copper and silver while drilling for water believe it or not. It surged 267 per cent to touch 77 cents, up from last week’s close of 21.


Matt Birney - Brain health assessment company Cogstate ran 69 per cent to touch $2.42 after its distribution partner in Japan announced a breakthrough in its treatment for Alzheimers.


Matt Birney - Modular carpark systems manufacturer Parkd almost doubled to hit 4 cents this week after a contract signing with Audi Perth to commence stage one of a 3-story car dealership development.


Matt Birney - And finally Metalsgrove Mining rocketed 196 per cent after identifying potentially lithium-bearing pegmatites in the Pilbara. Its stock hitting a high of 34 cents up from 11 and a half last week.


Matt Birney - Interestingly, it has now been 4 months since Goldman Sachs predicted the demise of lithium, a prediction now looking a little shaky given the record lithium prices being achieved at auction.


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