Money of Mine Mineral Media

We spoke about IGO’s numbers, Sandfire’s hiccup, Azure’s FIRB approval, activism at Karoon, Ravensthorpe shutting down, Tietto’s board changing their mind, MAC’s CSA opaque reporting, Cyprium trying to turn around Nifty and Aeris’ copper torque.


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All information in this podcast is for education and entertainment purposes only and is of general nature only. The hosts of Money of Mine (MoM) are not financial professionals. MoM and our Contributors are not aware of your personal financial circumstances. Before making any investment decision, you should consult a licensed financial, legal or tax professional. MoM doesn’t operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given. MoM strive to ensure the accuracy of the information contained in this podcast but we don’t make any representation or warranty that it’s accurate or up to date. Any views expressed by the hosts of MoM are their opinion only and may contain forward looking statements that may not eventuate. MoM will not accept any liability whatsoever for any direct or indirect loss arising from any use of information in this podcast.
 
VRIFY – Communicate in 3D
grant@vrify.com
 
GetWet Solutions – Bladder tanks for mobile water storage
Matt.hall@getwetsolutions.com.au
 
DSI Underground – Ground support gurus
https://www.dsiunderground.com/contact
 
Silverstone – Energy solutions for Mining
kenny@sstone.com.au
 
Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + more
seamus@anytimees.com
 
WA Water Bores – WA’s premier water well drilling company
James@wawaterbores.com.au
 
Brooks Airways – Perth’s leading flight operator
ops@brooksairways.com
 
K-Drill – Exploration Drilling legends 
ryan@k-drill.com.au
 
(0:00:00)Introduction

(0:01:38)Did IGO improve?

(0:07:15)Sandfire's paste problems

(0:08:27)Ravensthorpe Nickel shutting down

(0:10:26)Azure FIRB approval

(0:11:48)Tietto's change of heart

(0:15:07)Karoon activism

(0:20:43)MAC's opaque reporting

(0:32:08)Will Nifty work?

(0:39:14)Aeris - Copper torque

We start with the latest BHP-Anglo, then check in on Liontown’s (LTR) update.


It’s off to Sierra Leone next for the latest twists and turns in the Fumble in the Jungle (SRX), and onto Boss Energy’s (BOE) opaque management departures and lastly, Ardea (ARL) who pulled in a big cheque to run a DFS for their Kalgoorlie Nickel Project.


Sign-up for the Director’s Special


All information in this podcast is for education and entertainment purposes only and is of general nature only. The hosts of Money of Mine (MoM) are not financial professionals. MoM and our Contributors are not aware of your personal financial circumstances. Before making any investment decision, you should consult a licensed financial, legal or tax professional. MoM doesn’t operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given. MoM strive to ensure the accuracy of the information contained in this podcast but we don’t make any representation or warranty that it’s accurate or up to date. Any views expressed by the hosts of MoM are their opinion only and may contain forward looking statements that may not eventuate. MoM will not accept any liability whatsoever for any direct or indirect loss arising from any use of information in this podcast.


VRIFY – Communicate in 3D - grant@vrify.com


GetWet Solutions – Innovative bladder tanks for mobile water storage - Matt.hall@getwetsolutions.com.au


DSI Underground – Ground support gurus - https://www.dsiunderground.com/contact


Silverstone – Energy solutions for your business - kenny@sstone.com.au


Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + more - seamus@anytimees.com


WA Water Bores – WA’s premier water well drilling company - James@wawaterbores.com.au


Brooks Airways – Perth’s leading charter flight operators - ops@brooksairways.com


K-Drill – Safe, reliable, and productive surface RC drilling - ryan@k-drill.com.au

(0:00:00)Intro

(0:01:20)How will BHP-Anglo play out?

(0:28:46)Will Liontown get through construction?

(0:34:32)Big twists in the Fumble in the Jungle (Sierra Rutile)

(0:38:40)Why has Boss Energy's CFO left?

(0:43:54)Ardea lock in Japanese consortiums for DFS

BHP eye off Anglo American. Wow.


We also got round to chatting about Chalice’s (CHN) bizarre buying in Encounter (ENR) stock, Lynas’s (LYC) cost blowout at Kalgoorlie, Metals X’s (MLX) disappointing quarter of production and Equinox (EQX.nyse) scooping up the other 40%-stake in the big Greenstone mine.  


Sign-up for the Director’s Special


All information in this podcast is for education and entertainment purposes only and is of general nature only.


The hosts of Money of Mine (MoM) are not financial professionals. MoM and our Contributors are not aware of your personal financial circumstances. Before making any investment decision, you should consult a licensed financial, legal or tax professional.


MoM doesn’t operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given. MoM strive to ensure the accuracy of the information contained in this podcast but we don’t make any representation or warranty that it’s accurate or up to date. Any views expressed by the hosts of MoM are their opinion only and may contain forward looking statements that may not eventuate. 


MoM will not accept any liability whatsoever for any direct or indirect loss arising from any use of information in this podcast.


VRIFY – Communicate in 3D
grant@vrify.com
 
GetWet Solutions – Innovative bladder tanks for mobile water storage
Matt.hall@getwetsolutions.com.au
 
DSI Underground – Ground support gurus
https://www.dsiunderground.com/contact
 
Silverstone – Energy solutions for your business
kenny@sstone.com.au
 
Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + more
seamus@anytimees.com
 
WA Water Bores – WA’s premier water well drilling company
James@wawaterbores.com.au
 
Brooks Airways – Perth’s leading charter flight operators
ops@brooksairways.com
 
K-Drill – Safe, reliable, and productive surface RC drilling 
ryan@k-drill.com.au

(0:00:00)Introduction

(0:02:00)BHP eye off BIG swing for Anglo

(0:36:55)Chalice pop up on Encounter's register

(0:40:40)Lynas' up Kaloorglie capex… again

(0:43:32)Metals X disappoint the barrons 

(0:46:03)Equinox pay US$1b for Greenstone remainder

On the show today we had Brian Laks, co-chief investment officer of Old West, an LA-based investor.
Brian has gone deep into a number of the markets that we love chatting about, and we had a great time talking about uranium, tin, copper, gold, silver, the metals & mining sector broadly and a whole host of companies and projects that fall into these categories. 
Sign-up for the Director’s Special
All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional.
 
Thank you to our Podcast Partners:
 
VRIFY – Communicate in 3D
grant@vrify.com
 
GetWet Solutions – Innovative bladder tanks for mobile water storage on your mine site
Matt.hall@getwetsolutions.com.au
 
DSI Underground – Ground support gurus
https://www.dsiunderground.com/contact
 
Silverstone – Energy solutions for your business
kenny@sstone.com.au
 
Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more
seamus@anytimees.com
 
WA Water Bores – WA’s premier water well drilling company
James@wawaterbores.com.au
 
Brooks Airways – Perth’s leading charter flight operators
ops@brooksairways.com
 
K-Drill – Safe, reliable, and productive surface RC drilling 
ryan@k-drill.com.au
 
Buy your Money of Mine MERCH here
 
Money of Mine on YouTube
 
(0:00:00)Brian Laks on Money of Mine

(0:01:03)The uranium investment to-date

(0:06:39)The gateway drug to uranium

(0:12:08)Trading SPUT

(0:16:14)Big Uranium contracts to look out for

(0:19:26)Discovering tin

(0:30:33)Is there another Myanmar in tin?

(0:34:53)Alphamin vs Metals X?

(0:38:38)Copper torque

(0:45:14)Choosing between producers, developers & explorers

(0:48:59)Investing in big porphyry copper projects

(0:54:47)Why is gold running?

(1:00:20)Is Adriatic fully valued yet

Here’s our interview with Geoff Wilson and Cooper Rogers of Wilson Asset Management, one of the biggest players in the Australian funds management world.


JD sat down with the pair to hear how the LIC manager is seeing the current macro landscape, in particular in the US and China, to learn why Geoff has decided to dust off the old Twitter account, and to hear about WAM’s view on how activism will influence the Aussie funds management sector, what various commodities will do from here and a chat about a bunch of stocks.


Sign-up for the Director’s Special


All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional.
 
Podcast Partners:
 
VRIFY – grant@vrify.com
 
GetWet Solutions – Matt.hall@getwetsolutions.com.au
 
DSI Underground – https://www.dsiunderground.com/contact
 
Silverstone – kenny@sstone.com.au
 
Anytime Exploration Services – seamus@anytimees.com
 
WA Water Bores – James@wawaterbores.com.au
 
Brooks Airways – ops@brooksairways.com
 
K-Drill – ryan@k-drill.com.au
 
(0:00:00)Introduction

(0:03:40)Geoff becoming a Twitter power-user 

(0:05:19)Checking in on the USA

(0:08:03)How markets look state-side

(0:09:25)View on the Australian market

(0:10:30)WAM view on the rate environment

(0:12:28)Large cap vs small cap

(0:15:05)The state of the LIC market

(0:17:19)Shareholder engagement vs performance

(0:21:37)Meeting management

(0:23:28)Activism in the LIC market

(0:25:15)Optimal size for WAM's strategies 

(0:27:45)Trading at NTA

(0:29:08)Company buybacks

(0:30:26)WAM's investment style

(0:35:25)Should mining co's moats deserve more credit

(0:37:27)Would WAM open a Resources LIC?

(0:39:38)WAM's China view

(0:43:35)Copper on the ASX

(0:48:18)Will lithium's recovery continue?

(0:54:45)Are WAM uranium bulls?

(0:58:53)Gold's decoupling from real rates

(1:03:30)Value in mining services

First up, the big one, South32 (S32) finally shared an update on Groote Eylandt amongst their quarterly. Then, we got into the detail at Ramelius (RMS) who had a bumper quarter and onto Base Resources (BSE) who copped a huge takeover premium from American-listed Energy Fuels (UUUU.nyse).


We then ventured to Bosnia to talk about Adriatic’s (ADT’s) decision to go owner-operator, followed by 29Metals (29M) who got offtake financing and provided an insurance update, Boss Energy (BOE) who finally announced first uranium drums, Global Atomic who are yet to lock down debt financing and lastly a peak into Delta Lithium (DLI) met results.


Sign-up for the Directors Special 

All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional.
 
Podcast Partners:
 
VRIFY – Communicate in 3D
grant@vrify.com
 
GetWet Solutions – Innovative bladder tanks for mobile water storage on your mine site
Matt.hall@getwetsolutions.com.au
 
DSI Underground – Ground support gurus
https://www.dsiunderground.com/contact
 
Silverstone – Energy solutions for your business
kenny@sstone.com.au
 
Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more
seamus@anytimees.com
 
WA Water Bores – WA’s premier water well drilling company
James@wawaterbores.com.au
 
Brooks Airways – Perth’s leading charter flight operators
ops@brooksairways.com
 
K-Drill – Safe, reliable, and productive surface RC drilling 
ryan@k-drill.com.au
 
Money of Mine on YouTube
 
(0:00:00)Introduction

(0:00:55)S32 finally update on Australian manganese

(0:10:12)Ramelius share bumper earnings

(0:21:00)Base Resources agreed 188% premium takeover

(0:25:26)Adriatic go owner-operator

(0:33:03)29Metals get more insurance cash + offtake financing

(0:38:06)Boss Energy produce U

(0:39:50)Global Atomic debt financing nerves

(0:43:32)A look into Delta Lithium's metallurgical results