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Flashpoint - Edition #10

Updated: Aug 8

Last week’s top ASX performer showed the precious yellow metal has lost none of its lustre. This episode also discovers the power of charging batteries and why that can of soft drink might become more valuable.




FLASHPOINT - TRANSCRIPT


Tim - But first here's Matt Birney with the ASX Runners Of The Week. Thanks to CPS Capital.


Matt Birney - Thanks Tim.


Matt Birney - Rox Resources hiked 76 per cent this week to hit 25.5c after landing a 3m drill hit going four and a half ounces to the tonne gold at its Youanmi JV with Venus Metals.


Matt Birney - Track and trace technology company Security Matters was up 57 per cent to hit 33 cents off last week's low of 21 on the back of an approval to merge with a NASDAQ-listed company.


Matt Birney - Battery charger supplier Rectifier Technologies’ 200 per cent FY22 revenue hike caused its share price to touch six and a half cents this week – up from its Friday close last week of 4.


Matt Birney - Aldoro Resources is still awaiting assays from its Narndee nickel-copper-platinum project near Mt Magnet, however the market nonetheless punted its stock from 16 to 22 cents in anticipation of a headline result.


Matt Birney - And finally a fun fact - American bank Citi Group believes aluminium might be the new iron ore. Its analysts say a shortfall in electricity production could spark an imminent aluminium price rise.


Matt Birney - Better keep collecting those Coke cans.


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