Money of Mine

We start today with a couple of shorter bits of news – Ramelius (RMS) going compulsory on Musgrave (MGV) plus a top shareholder selling down their Hastings (HAS) holding.   Then, Aeris (AIS) gets a deep dive as we explore there year from hell on what can be done to arrest the decline.   We finally found a reason to talk about Lindian (LIN) too, with a company update giving us more than enough reas...

Just two companies on the menu today, but boy did we get stuck into them.   Whitehaven (WHC) was first up as they’d confirmed their interest in purchasing two Queensland metallurgical coal assets in Daunia & Blackwater. This led us to going deep into all the ins and outs of WHC.   Our second story was Cyprium (CYM) who are the proud owner of the old Nifty mine. They’ve finally completed a reca...

There were plenty of news drops late on Friday plus a load more today to keep us busy. First up is Wildcat (WC8) who have merged from suspension with lithium results that the market is loving. We provide an update on the Abyssinian 249D which went to a vote on Friday, then talk of another company who are in the midst of corporate changes at VHM limited (VHM). Next up is Develop Global (DVP), where...

We serve up four fascinating stories for the Money Miners, opening with what fundies around Australia are saying about the market, small caps, and commodities. Sigma Lithium (SGML.tsx), the Canadian-listed lithium, caught our eye by essentially announcing itself for sale which naturally had us chatting. Another overseas listed company, Greatland Gold (GGP.lse) was next up as they announced their A...

A few weeks ago we had the privilege of sitting down with Russell Delroy of Cottesloe-based Nero Resource Fund . Nero’s performance is stellar. But you don’t need us to tell you to pay attention when Rusty speaks.   In this conversation, we talked about one of the biggest issues plaguing our industry – to the detriment of shareholders. That issue is “misalignments” as described by Rusty between ma...

There were multiple fascinating stories for us to pick apart today.   First up, the big news of the day was at Delta Lithium (DLI), with their largest shareholder Mineral Resources (MIN) having inserted two people onto the board and David Flanagan leaving the company.   We received confirmation that Gina has picked up a stake of slightly under 8% in Liontown (LTR), which spurred a lithium consolid...

First up today we discuss certain points put forward by Chalice Mining (CHN) on the back of our analysis to their much-anticipated scoping study. Tietto (TIE) was next up, having to retract their production schedule and African Down Under presentation having not released the relevant resource model, while Syrah (SYR) announced a loan commitment of us to US$150m from a US government institution. Ca...

What an honour to interview the global “Legend of Lithium”, Joe Lowry. This bloke has been in the Lithium industry for 30 years and also hosts the Global Lithium Podcast. We chatted everything Lithium both within Australia and around the world. There is no better guru to take note from when looking at Lithium. Joe doesn’t hold any punches either, especially on what he thinks about certain companie...

We had a few interesting stories catch our eye today, with the Liontown (LTR) on-market action coming first up.   Then, it was on to Sandfire (SFR) with their contract award to Perenti (PRN), plus an outlook MATSA & Motheo and a gripe with equity research.   We round off with a recap of the latest uranium news and a bit of a dive into Boss Energy (BOE) and Peninsula Energy (PEN).   All Money o...

Today we had the pleasure of interviewing the great Warren Gilman in a “can’t-miss” interview.   Warren has a wealth of experience, having invested capital in the natural resource world on behalf of notable entrepreneurs including Andrew “Twiggy” Forrest, Li Ka Shing, Brett Blundy, Jack Cowin and John Singleton.   He previously managed CEF Holdings throughout the 2010’s, having set up CIBC’s metal...

Today marks the third consecutive episode we find ourselves talking about Bald Hill. Late yesterday, Min Res (MIN.asx) confirmed themselves as the suitor to buy the project. Matty goes deep on the strategic relevance of the South Kal Lithium Province and all the players in the region. We wrap up with a discussion on Tietto’s (TIE.asx) guidance downgrade which has seen the stock fall 22% today. For...

Today was a show for the lithium faithful with news from corners of the world.   American chemicals company Albemarle came in (again) for Liontown (LTR), this time tabling a $3 per share takeover bid which appears to have finally won over the LTR board.   More details emerged regarding the hunt for Bald Hill (Alita Resources), with the rumour mill flying and administrators + receivers not seeing e...

Another fruitful day of news to analyse, with the revolving door at Fortescue (FMG) again being a talking point as two further senior figures leave the company. We then delve into the Bald Hill debacle, which appears to have an imminent end to it, with a mysterious bidder for the prized asset lurking.   A quick mention for Sayona (SYA) and Morella (1MC), who share an MD/CEO, then onto a deep dive...

Two big stories for us to pull apart today, Chalice and 29 Metals!   We had Emanuel Datt of Datt Capital on for our Chalice segment, helping us get into the weeds on a range of aspects we found of interest.   We also couldn’t help but discuss troubled copper miner 29 Metals, who have finally pulled the pin on a capital raise, 13 long days after denying the media speculation that a raise was immine...

We’ve got a great discussion for the Money Miners today, an interview with Dylan Kelly on all thing’s rare earths.   We break down what the rare earth elements that matter are, where the value is added along the chain, which companies have executed well + why, what is needed to be a successful rare earths miner, how the geopolitical situation looks plus a lot more.   Enjoy the chat!   All Money of...

More annual results with intriguing company commentary for us to pull apart today.   We get the ball rolling with a snippet from Monday’s Fortescue (FMG) investor call, honing in on why Fiona Hick departed after just 6-months in the job.   Then, Red5’s (RED) annual result caught our eye, with a close look at trade payables.   Ramelius (RMS) get a mention with majority ownership at Musgrave (MGV),...

Money of Mine’s first episode from the new office!   There was plenty for us to digest this morning, starting off with the Firefinch EGM where we made an appearance at. Ramelius (RMS) also gets a mention for going unconditional in their takeover of Musgrave (MGV).   WA1 released further assays, though the market seems to be pre-occupied with how the metallurgical results will shape up whilst Anitp...

Today we had an in-depth discussion on Pilbara Minerals, on the back of their annual results and investor call. Front and center is how they plan on allocating the massive amount of cash they’ve built up. We also shared one of our favourite segments, Trav’s Top Tweets, which got us in the weeds on some interesting dealings as well as some quirks from the annual reporting season this week.   All Mo...

The world of commodities served up a broad range of news for us to talk about today, covering many corners of the globe.   We start with a bit of macro on the potential implications of China’s slowing property market & broader economy, before smoothly segueing into the latest update from the world’s biggest miner, BHP.   Allkem (AKE) then caught our eye with a strong focus in their annual resu...

We’ve got a great interview to share today with investor Hedley Widdup.   Hedley shares with us his move from being a geologist to a natural resource fund manager, where we’re at in the mineral exploration investment cycle, what the temperature is for various commodities, things he looks out for in juniors and plenty, plenty more. Enjoy the wide-ranging chat with Hedley Widdup!   All Money of Mine...

JD sat down for a 1-on-1 discussion with the Chief Investment Officer of Lowell Resources Fund, John Forwood.   Johns has more experience than most when it comes to investing in exploration businesses with decades of experience across geology and funds management. Lowell were early investors in companies such as De Grey, Gold Road, Predictive Discovery, Azure Minerals, and plenty more.   The conve...

A few Capital Raises have hit the market today, namely Azure, Rox Resources and Centrex. We also chat the 29 Metals insurance and impairment update, along with drilling results out of WA1. Trav and JD go deep into the world of Phosphate to round things out.   All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hos...

Today we unpack the incredible story that is the Firefinch (FFX:ASX) saga. This is a brilliant tale, and a long one too. Thankfully we were able to recruit the services of our brilliant intern, Patrick Newton, to help us out to tell this tale. The story has a bit of everything.   All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not...

Today we have swapped out JD (who is still enjoying his Melbourne oat lattes) for Alexandra Gelevitis aka Ally G. She brings with her some impressive knowledge of the industry accrued from 5+ years investment banking and we leverage that intellect to take a guess at what the next deals could be in the gold space which is prime for consolidation.   Plus Matty unpacks the announcement that Byrnecut...

JD and Emanuel Datt, founder of Datt Capital, sat down for a broad-ranging 1 on 1 discussion. We went in-depth on Emanuel’s investment style, what the current macro environment is looking like, and what his thoughts are on various commodities as well as digging into a few stock-specific thoughts. In addition, we couldn’t resist a rapid-fire under-rated vs over-rated round to finish things off.   A...