Money of Mine

We’ve got 4 juicy stories for the Money Miners today. First up we focus in on Latin Resources (LRS) Mineral Resource update from their Salinas project in Brazil before we have a chat about Boss Energy’s (BOE) $200m raising and announcement that they’re making an acquisition. Next up we talk about Blackstone Minerals (BSX) who’ve shared with the market that they’ve got an option to purchase a Canadian nickel mine then, last but not least, we went deep into the weeds on the Technology Metals (TMT) and Australian Vanadium (AVL) merger, which has managed to ruffle a few feathers over the past couple months. 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: InvestorHub – The go-to Digital Platform shaking up the Investor Relations industry DSI Underground - Supplier of Ground Support Products to the Mining and Tunnelling industries Terra Capital – Specialist investment manager in the natural resources sector McMahon Mining Title Services (MMTS) – Australia-wide tenement service experts Futureproof Consulting – Specialist mining-industry sustainability consultants providing ESG solutions for miners of all sizes, stages and commodities Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more KCA Site Services – Underground mining machine hire for IT’s, normet’s, trucks and more Brooks Airways – Perth’s leading charter flight operators K-Drill – Safe, reliable, and productive surface RC drilling Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group. Subscribe to our weekly newsletter HOOTEROO HERALD Follow Money of Mine on YouTube Follow Money of Mine on Twitter Follow Money of Mine on LinkedIn Follow Money of Mine on Instagram TIMESTAMPS (0:00:00) Introduction(0:03:46) Bondy Stories(0:06:16) Latin Resource upgrade(0:11:15) Boss Energy Shaking the tin(0:15:36) Blackstone Minerals counter cyclical option(0:24:58) Shareholder revolt for AVL TMT merger

We go deep on 2 deals today, first up the big one, Evolution spending up to secure Northparkes. As the Money Miners would expect, we go deep into all the details, including why they’ve bought it, what the streaming does and what the actual price is. Our second deal to dive into was the acquisition of the Beyondie potash project by Reward Minerals. Our chief potash expert, Travis Riccardinho, took great pleasure in pulling apart the deal to assess what it actually means for previous equity & debt holders, and to see if anyone is winning. 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: InvestorHub – The go-to Digital Platform shaking up the Investor Relations industry DSI Underground - Supplier of Ground Support Products to the Mining and Tunnelling industries Terra Capital – Specialist investment manager in the natural resources sector McMahon Mining Title Services (MMTS) – Australia-wide tenement service experts Futureproof Consulting – Specialist mining-industry sustainability consultants providing ESG solutions for miners of all sizes, stages and commodities Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more KCA Site Services – Underground mining machine hire for IT’s, normet’s, trucks and more Brooks Airways – Perth’s leading charter flight operators K-Drill – Safe, reliable, and productive surface RC drilling Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group. Subscribe to our weekly newsletter HOOTEROO HERALD Follow Money of Mine on YouTube Follow Money of Mine on Twitter Follow Money of Mine on LinkedIn Follow Money of Mine on Instagram TIMESTAMPS (0:00:00) Introduction(0:02:21) Deap Sea Mining sustainability(0:04:51) The big arm wrestle happening next week(0:07:08) Evolution buy Northparkes(0:08:24) Northparkes history (0:14:22) The financials of Northparkes(0:34:29) Reward wrap up Beyondie(0:39:01) What does Reward's acquisition mean for previous holders?

We crack on into December with another round of AGM remuneration vote downs, focusing in on the mining services (including special mentions to Perenti [PRN], NRW Holdings [NWH] & Emeco [EHL]). Next up we have a chat about the new information that’s been released on the US Inflation Reduction Act with detail provided on what constitutes a “Foreign Entity of Concern”, including implication for Australia battery metal miners. Arafura’s (ARU) latest financing got a shout out as well as highlights from Sayona’s (SYA) punchy AGM. We then ventured to Matty’s favourite nation, PNG, to cover the GR Engineering (GNG) contract with K92 (TSX-listed) before rounding out on Liontown’s (LTR) port solution with the Mid West Port Authority. 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: InvestorHub – The go-to Digital Platform shaking up the Investor Relations industry DSI Underground - Supplier of Ground Support Products to the Mining and Tunnelling industries Terra Capital – Specialist investment manager in the natural resources sector McMahon Mining Title Services (MMTS) – Australia-wide tenement service experts Futureproof Consulting – Specialist mining-industry sustainability consultants providing ESG solutions for miners of all sizes, stages and commodities Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more KCA Site Services – Underground mining machine hire for IT’s, normet’s, trucks and more Brooks Airways – Perth’s leading charter flight operators K-Drill – Safe, reliable, and productive surface RC drilling Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group. Subscribe to our weekly newsletter HOOTEROO HERALD Follow Money of Mine on YouTube Follow Money of Mine on Twitter Follow Money of Mine on LinkedIn Follow Money of Mine on Instagram TIMESTAMPS (0:00:00) Introduction(0:02:31) Ally GC's Instagram giveaway(0:06:33) Wanna speak to MD's + CEO's directly?(0:12:36) Mining Services Rem Reports voted down(0:16:39) What's a "foreign entity of concern"(0:22:00) Will all these letter's of intent help Arafura?(0:28:13) K92 lock in GR Engineering to build stage 3(0:34:52) Sayona AGM highlights(0:38:47) Liontown secure port access to export lithium

We round out an eventful week by calling out all those company’s whose shareholders voted down remuneration resolutions for exec’s. Next up we speak about Euro Manganese’s (EMN) funding announcement to lighten their mood then onto the Balmaine (Ballarat) gold mine administration process. We say some headlines around “AusSuper going substantial on Pilbara Minerals (PLS)” which we had to call out as well as one of the more eventful AGMs at Magnis (MNS) which we weren’t able to attend. The game has changed a bit at OreCorp (ORR) so that got a mention and lastly we had to mention the award of the Mt Marion decline by MinRes (MIN) to Develop (DVP). 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: DSI Underground - Supplier of Ground Support Products to the Mining and Tunnelling industries Terra Capital – Specialist investment manager in the natural resources sector McMahon Mining Title Services (MMTS) – Australia-wide tenement service experts Futureproof Consulting – Specialist mining-industry sustainability consultants providing ESG solutions for miners of all sizes, stages and commodities Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more KCA Site Services – Underground mining machine hire for IT’s, normet’s, trucks and more JP Search – Recruitment specialists for the financial world Brooks Airways – Perth’s leading charter flight operators K-Drill – Safe, reliable, and productive surface RC drilling Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group. Subscribe to our weekly newsletter HOOTEROO HERALD Follow Money of Mine on YouTube Follow Money of Mine on Twitter Follow Money of Mine on LinkedIn Follow Money of Mine on Instagram TIMESTAMPS: (0:00:00) Preview(0:02:04) The key link in TG6 History(0:04:38) How is mesh made?(0:08:30) AGM strikes(0:11:32) Euro Manganese funding announcement(0:16:19) Ballarat Gold Mine swallowed up by Acheron Capital(0:18:19) Aus Super buying PLS(0:21:35) Orecorp deal update(0:24:45) Wild Magnus AGM scenes(0:27:29) Develop get Mt Marion contract

Joe “Mr Lithium” Lowry is back on Money of Mine to discuss all things lithium, excluding the hard rock! We figured we’ve spoken plenty about the spodumene projects that dominate the West Australian landscape, and it was about time we got up the curve on brines, DLE & sedimentary projects. Part 1 of our chat goes into what makes up a good brine project, what the stand outs are, what DLE is all about, what the best projects look like, Joe’s thoughts on the potential impact of DLE, opinions on the “lithium triangle” countries & plenty more. 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:  DSI Underground - Supplier of Ground Support Products to the Mining and Tunnelling industries Terra Capital – Specialist investment manager in the natural resources sector McMahon Mining Title Services (MMTS) – Australia-wide tenement service experts Futureproof Consulting – Specialist mining-industry sustainability consultants providing ESG solutions for miners of all sizes, stages and commodities Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more KCA Site Services – Underground mining machine hire for IT’s, normet’s, trucks and more JP Search – Recruitment specialists for the financial world Brooks Airways – Perth’s leading charter flight operators K-Drill – Safe, reliable, and productive surface RC drilling Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group. Subscribe to our weekly newsletter HOOTEROO HERALD Follow Money of Mine on YouTube Follow Money of Mine on Twitter Follow Money of Mine on LinkedIn Follow Money of Mine on Instagram Chapters:(0:00:00) Introduction(0:00:08) Preview to Mr Lithium(0:01:18) Recap of the Delta Lithium AGM(0:03:48) Flying with Brooks to South America(0:06:02) Jobs on offer at JP Search(0:08:20) Joe Lowry back on Money of Mine!(0:12:20) The 101 on lithium brines(0:17:06) Is water going to be an issue for DLE?(0:26:45) What is the waste product for a brine project?(0:31:15) What are the most misunderstood aspects of brine projects?(0:34:08) is SQM slowing down or ramping up?(0:36:55) Why is the Atacama special for brines(0:43:58) Where is China going to source its product?(0:47:38) What makes a good brine development project(0:51:58) Summing up Direct Lithium Extraction (DLE)(0:56:00) Who are the DLE tech players(0:57:47) Prelude to part 2!

Part 2 of our chat with the Koala! In this part we delved into what makes an attractive Tier 1 & why majors sell them, whether a metal price bifurcation (on production standards) is realistic, the evolution of the mining buy-side, shareholder activism, (misaligned) incentives as well as our favourite, a punchy under-rated vs over-rated section. 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: DSI Underground - Supplier of Ground Support Products to the Mining and Tunnelling industries Terra Capital – Specialist investment manager in the natural resources sector McMahon Mining Title Services (MMTS) – Australia-wide tenement service experts Futureproof Consulting – Specialist mining-industry sustainability consultants providing ESG solutions for miners of all sizes, stages and commodities Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more KCA Site Services – Underground mining machine hire for IT’s, normet’s, trucks and more JP Search – Recruitment specialists for the financial world Brooks Airways – Perth’s leading charter flight operators K-Drill – Safe, reliable, and productive surface RC drilling Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group. Subscribe to our weekly newsletter HOOTEROO HERALD Follow Money of Mine on YouTube Follow Money of Mine on Twitter Follow Money of Mine on LinkedIn Follow Money of Mine on Instagram TIMESTAMPS (0:00:00) Introduction(0:03:13) How real is DLE?(0:08:37) Metal Price Bifurcation(0:16:42) Shareholder Activism(0:22:23) Whitehaven alignment(0:33:02) BHP growth(0:45:42) Is the Copper boom going to happen?(0:47:01) The Koala on the Banking hampster wheel(1:03:41) Over Rated - Under Rated

The Mintwit enigma “Koala” (@YellowLabLife) came by for a chat on all things natural resources investing. In this part 1, we dive into what aspects of natural resources investing really catches the Koala’s eye, how the M&A landscape has evolved in mining, what the pros & cons of being active on twitter are (from an investment standpoint), how the lithium market is developing and why the consensus view on iron ore is wrong. 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: DSI Underground - Supplier of Ground Support Products to the Mining and Tunnelling industries Terra Capital – Specialist investment manager in the natural resources sector McMahon Mining Title Services (MMTS) – Australia-wide tenement service experts Futureproof Consulting – Specialist mining-industry sustainability consultants providing ESG solutions for miners of all sizes, stages and commodities Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more KCA Site Services – Underground mining machine hire for IT’s, normet’s, trucks and more JP Search – Recruitment specialists for the financial world Brooks Airways – Perth’s leading charter flight operators K-Drill – Safe, reliable, and productive surface RC drilling Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group. Subscribe to our weekly newsletter HOOTEROO HERALD Follow Money of Mine on YouTube Follow Money of Mine on Twitter Follow Money of Mine on LinkedIn Follow Money of Mine on Instagram TIMESTAMPS 0:00:00 Preview0:02:39 Gina needs help breaking Iron Ore0:07:53 Why Trav and the Koala like Twitter0:24:54 M&A at the big end of town0:37:44 Why was Freeport sold?0:43:05 Reconciling views on trough EBIDTA0:46:29 WA Lithium

We start the week chatting about the news that Perseus (PRU) has picked up 19.9% of Tanzanian gold developer OreCorp (ORR), tainting SilverCorp’s (SVM.t) plans for a smooth takeover. On the theme of African gold, we touch on Tietto Minerals (TIE) target statement, including an Independent Expert Report highlighting that Zhaojin’s bid is not fair and not reasonable. Wrapping up on African gold we touch on Tuarco’s deal with Endevour before rounding out the show on the news that troubled Aussie miner Aeris (AIS) is raising $30m. 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: DSI Underground - Supplier of Ground Support Products to the Mining and Tunnelling industriesTerra Capital – Specialist investment manager in the natural resources sectorMcMahon Mining Title Services (MMTS) – Australia-wide tenement service expertsFutureproof Consulting – Specialist mining-industry sustainability consultants providing ESG solutions for miners of all sizes, stages and commoditiesAnytime Exploration Services – Exploration workers, equipment, core cutting/storage + much moreKCA Site Services – Underground mining machine hire for IT’s, normet’s, trucks and moreJP Search – Recruitment specialists for the financial worldBrooks Airways – Perth’s leading charter flight operatorsK-Drill – Safe, reliable, and productive surface RC drillingJoin our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group.Subscribe to our weekly newsletter HOOTEROO HERALDFollow Money of Mine on YouTubeFollow Money of Mine on TwitterFollow Money of Mine on LinkedInFollow Money of Mine on Instagram  Chapters:(00:00) Preview(00:30) Introduction(01:05) How Junior Miners can get more bang for their buck(05:17) Perseus go substantial on OreCorp, getting in SilverCorps way(11:02) IER deems Zhaojin's bid for Tietto not fair & not reasonable(18:31) Turaco do a deal with Endeavour(20:05) Aeris rattling the tin for 30 bucks

Money of Mine made an appearance at the much-anticipated AVZ AGM, which was set up for fire works with more directors up for elections than we’ve ever seen before. We shared our thoughts on the numerous mining companies which have seen their exec remuneration packages voted against by shareholders, then pull apart the latest updates from the EU’s Critical Raw Materials Act + how it impacts an ASX rare earth hopeful. MinRes (MIN) weren’t going to share further info on the acquisition of Bald Hill so we had to do it for them, and lastly we briefly touch on the halt of copper mining at the enormous Cobre Panama. 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: DSI Underground - Supplier of Ground Support Products to the Mining and Tunnelling industries Terra Capital – Specialist investment manager in the natural resources sector McMahon Mining Title Services (MMTS) – Australia-wide tenement service experts Futureproof Consulting – Specialist mining-industry sustainability consultants providing ESG solutions for miners of all sizes, stages and commodities Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more KCA Site Services – Underground mining machine hire for IT’s, normet’s, trucks and more JP Search – Recruitment specialists for the financial world Brooks Airways – Perth’s leading charter flight operators K-Drill – Safe, reliable, and productive surface RC drilling Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group. Subscribe to our weekly newsletter HOOTEROO HERALD Follow Money of Mine on YouTube Follow Money of Mine on Twitter Follow Money of Mine on LinkedIn Follow Money of Mine on Instagram TIMESTAMPS (0:00:00) Introduction (0:01:57) Turning shit ground into good enough ground (0:06:57) AVZ shareholder's day in the sun (0:23:23) Which ASX companies don't like management's pay? (0:28:03) Does the Raw Materials Act impact ASX companies? (0:31:44) We share the Bald Hill acquisition details (as MinRes won't) (0:38:59) What's the latest from Cobre Panama?

We’ve got a wild one for the Money Miners today, starting with highlights from some AGMs plus an interesting phenomenon for all to look out for. Next up we cracked into Strandline (STA) who finally gave the market some more news to go off at their troubled Coburn operation. OreCorp (ORR) was next on our radar after we highlighted a potential cash kicker yesterday, and just one day later look at what Silver Corp have done! Hastings got a mention by trying to sneak through a financing facility late yesterday which we discussed before Matty went down a rabbit hole, tying TG6, Robert Friedland & some Perth media characters all into the same story. To tie things off today we spoke about Metro Mining’s (MMI) record year to date. 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: DSI Underground - Supplier of Ground Support Products to the Mining and Tunnelling industries Terra Capital – Specialist investment manager in the natural resources sector McMahon Mining Title Services (MMTS) – Australia-wide tenement service experts Futureproof Consulting – Specialist mining-industry sustainability consultants providing ESG solutions for miners of all sizes, stages and commodities Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more KCA Site Services – Underground mining machine hire for IT’s, normet’s, trucks and more JP Search – Recruitment specialists for the financial world Brooks Airways – Perth’s leading charter flight operators K-Drill – Safe, reliable, and productive surface RC drilling Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group. Subscribe to our weekly newsletter HOOTEROO HERALD Follow Money of Mine on YouTube Follow Money of Mine on Twitter Follow Money of Mine on LinkedIn Follow Money of Mine on Instagram TIMESTAMPS 0:00:00 Introduction 0:00:51 Fasten your seatbelts 0:04:34 What's going on this AGM season 0:07:30 An AGM trick company try to pull 0:09:19 Strandline finally share details on Coburn's struggles 0:12:43 OreCorp's big shareholders get their kicker 0:14:52 What to make of Hastings financing <