Valuations, sentiment and trading behaviour

We’ve got a special episode to share today, full of yarns about all the biggest stories in mining. 

A recurring deal that’s near and dear to has returned once more… its BHP-Anglo version 2. 

The lithium market has provided no end of entertainment lately, and the astonishing run up in the stocks got us asking: Where do stocks go from here?  

Lastly, we’ve attended a number to AGMs this season, so we share our thoughts on the best details & most eye-catching moments, including from MinRes, Deep Yellow, Genesis & Vault 

Stocks covered: BHP, ALL.L, RIO, TECK.TO, PLS, IGO, LTR, ELV, ALB.NYSE, SQM.NYSE, 9696.HK, 1772.HK, MIN, DYL, GMD, VAU 

This was recorded on 24.11.2025.   

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TIMESTAMPS  

(0:00) Intro & Lithium Market
(0:20) BHP’s Bid for Anglo
(5:30) UK Takeover Rules & Deal Outlook
(11:00) Lithium Market Rally
(20:40) AGM Season Takeaways
(25:50) Gold Companies & Merger Theory
(32:30) Closing & Disclaimer

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