Money of Mine

Trav has become a St Barbara shareholder, mostly to give the benefit of participating in the new hotline setup by Silver Lake Resources for SBM shareholders. We decided to give it a ring so Trav is well informed ahead of the shareholder vote on 20 June.   Matty also gives a Processing spectacular about the ins and outs of Gravity circuits and Cyanide Leaching for Gold processing. This was in the c...

We dive into the breaking story that is doing the ASX rumour mill: that the Government of Namibia is looking at gaining equity stakes in its resources projects as reported by Bloomberg and mining.com. Trav has some hot takes on this from his investigative efforts (yes, Twitter searching). And we also unpack the relative performance of the three big Lithium equity raises conducted on the ASX this m...

In today’s show, we break down Mincor’s announcement where they provide an operational update and reveal some cash flow challenges that could result in a breach of their finance facility with BNP Paribas. What does this mean for the takeover offer from Wyloo? And importantly, why are some shareholders not selling in to the offer yet? Plus Matty takes us into why Indigineous engagement is so import...

Trav looks into why Sayona Mining Limited (SYA.asx) are raising $200m just before their first sales of Lithium from their North America Lithium project. Matty gives another Mining 101 chat about the Mining method Poseidon Nickel (POS.asx) are looking to employ 1300-1500m underground at Silver Swan. Also plenty on what’s happening with their offtake, FID and what the constraints are on potential ex...

We know how much you love the fundie chats so today we have interviewed Richard Morrow who sits on the Investment Committee at Lowell Resources Funds Management based in Melbourne. We venture into individual stocks such as Musgrave (MGV.asx), Predictive (PDI.asx), and Caravel (CVV.asx).   All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that...

We hope this is the last deep dive we give on this deal – trust us, we are fatigued too. But we are in too deep. Intra-day yesterday the SBM Board came out with a rejection to the latest SLR proposal. We look forward to talking about something different from now on!!   All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate....

Today we unpack what the situation looks like for 29Metals (29M.asx) in relation to the extreme rainfall event experienced at their Capricorn Copper Mine in Queensland. Matty teaches a thing or two about mining to Trav in the process. The guys relay their thoughts on what the updated guidance released today means to the market.   All Money of Mine episodes are for informational purposes only and m...

We spitball plenty of hypotheticals while wait for the decision of St Barbara on whether they will open up the DD doors for Silver Lake Resources.   All Money of Mine episodes are for informational purposes only and may contain forward looking statements that may not eventuate. Please do your own research before making any investment decision or alternatively seek advice from a registered financia...

Here is a bit of a prelude to the Monday episode regarding the Silver Lake Resources improved offer to St Barbara for the Leonora assets. Monday is going to be huge.   All Money of Mine episodes are for informational purposes only and may contain forward looking statements that may not eventuate. Please do your own research before making any investment decision or alternatively seek advice from a...

We thought that the Money Miner’s would like to get to know the hosts a bit more, so here is the life story of Trav Ricciardo. Find out how a Kalgoorlie kid ended up starting a Financial Media Company.   If everyone could please also express their interest in hearing the full JD life story. He is not keen at all, but I’m sure that bulk messages from the Money Miner’s will take the decision out of...

Tim Weir and Andy Clayton from Precision Funds Management chime in to give their insight into where both the Macro and Mining environment is at. We delve into the Niobium run for WA1 and Encounter, along with the African opportunities of Lindian, Predictive Discovery and Orecorp. We also give an update on the production timeline for Delta Lithium (previous Red Dirt).   All Money of Mine episodes a...

BHP CEO Mike Henry gave an intriguing presentation on the company’s plan, and while we generally find the world’s biggest miner off our radar, he raised some great talking points and shed light on how they view various commodities, among other takes. Greatland Gold got a mention too on the rumours that their proposed ASX-listed will be announced soon.   All Money of Mine episodes are for informati...

What is a SPAC you may ask? While SPACs aren’t common on our shores, there’s a good chance we’ll see a former SPAC on the ASX in Metals Acquisition Corp (MAC), through a rumoured IPO. We delve into what a SPAC is, what mine the MAC SPAC is buying and what their all-star line-up are up to in Australia. All Money of Mine episodes are for informational purposes only and may contain forward-looking st...

Genesis Minerals (GMD.asx) have come out today with a revised proposal to acquire the Leonora assets from St Barbara (SBM.asx), which naturally we spent the morning dissecting in detail. Will this finally be enough to keep Silver Lake Resources (SLR.asx) away? We then cover AngloGold Ashanti’s decision to de-list from both the South African and Australian stock exchanges, discussing whether this c...

Today on the show we interview Sam Berridge, who manages the natural resources focused small cap funds at Perennial, to chat all things macro conditions, commodities, and resources companies. We cover lots of ground including how he sees the current interest rate environment, where we are in the M&A cycle, and what companies are catching his eye.   All Money of Mine episodes are for informatio...

We have an action-packed episode today with deals deals deals. The drama between Silver Lake, St Barbara and Genesis rolls on with a revised bid put forward by Silver Lake for St Barbara’s Leonora assets. Then we move to the “merger of equals” between Allkem and American-listed lithium company Livent Corp, who hold neighbouring assets in both Canada and Argentina.   All Money of Mine episodes are...

We delve deep into Black Cat Syndicate’s (BC8.asx) strategy for their Paulsens operation in the Pilbara, detailing the risk vs. reward of the asset that they acquired last year from Northern Star. We then talk resource nationalism and selling out of coal assets as the drama at Teck Resources rolls on.     All Money of Mine episodes are for informational purposes only and may contain forward lookin...

We bring on the show today Andrew Grove, MD of Chesser Resource, who today announced that Fortuna Silver had bid to acquire them at a 95% premium to their last traded price.   Fortuna is looking to acquire the explorer’s Diamba Sud Gold Project in Senegal.   All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. Please do y...

It was looking like a slow news day until Silver Lake Resources (SLR.asx) came up with another media release . It reads as if they paid close attention to Friday’s Money of Mine discussion (link below), as they refute St Barbara’s (SBM.asx) reasoning for why the transaction didn’t constitute a better deal for its shareholders. Again there was plenty for us to unpack before we rounded off with news...

We go in-depth into the story of the day, Silver Lake bidding to acquire St Barbara’s Leonora assets from under the nose of Genesis. Having seen the photos of Raleigh Finlayson at Gwalia, we assumed this deal was dead and buried but low and behold SLR have come up with a competing offer, already deemed not to be superior by the St Barbara board. We pull apart the various facets of this deal for th...

First up Centaurus Metals (CTM.asx) gave us something good to talk about with positive metallurgical test-work, then we looked into how an investor may approach Vulcan Energy Resources (VUL.asx).   All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. Please do your own research before making any investment decision or alt...

We had the great opportunity to have an in-depth discussion with Warren Irwin, founder and chief investment officer of Rosseau Asset Management, one of the longest running natural resource focused hedge funds globally.   Our discussion ranged from the current macro landscape as it relates to resource investing, government intervention in the sector and how he goes about picking resource juniors pl...

On the show today we have a chat with Simon Lawson, Managing Director of Gascoyne Resources.   The company has had a tumultuous past couple of years, culminating in a trading suspension last November which lasted over 4 months and a restructuring of the business. They put the Dalgaranga plant on care and maintenance and raised $50m to drive exploration and cover costs.   We dig deep into managemen...

With quarterly season now over, we used the chance to name and shame companies who only managed to get their reports out after market on Friday. Then we gave our thoughts on the AVZ Minerals’ year-long suspension and the company’s corporate governance throughout before covering the latest financing arrangements at BCI Minerals.   All Money of Mine episodes are for informational purposes only and m...

With everything that’s going on at Sandfire, we decided to read into their recent quarterly. We also had a chat with Adriatic Metals CEO Paul Cronin and GM Matthew Hine on how the Vares polymetallic mine is ramping up in Bosnia.   All Money of Mine episodes are for informational purposes only and may contain forward looking statements that may not eventuate. Please do your own research before maki...