Money of Mine

Plenty of mining news for us to sink our teeth into in our final day for the year (we’ve got some cracking interviews to release in the coming days!) First cab off the rank is IGO (IGO), who’ve capped a tough year with another poor announcement regarding their Cosmos operation. Next up we couldn’t help but discuss the news that David Flanagan is back in the arena with Arrow Minerals (AMD) looking to build something big and very good in Guinea. The AVL/TMT got some airtime as AVL chucked in a best & final sweetener to get the deal done, while West African Resources (WAF) released a maiden resource at M5 South to add ounces at their Sanbrado operation. Our last story for the day was Spartan Resources (SPR) who shared additional assays from Never Never, as the market awaits their resource upgrade announcement. 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 industryEmail rhori@investorhub.com for more information 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 Buy your Money of Mine MERCH here 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(0:00:50) Matty's sale tactics have worked!(0:03:17) A Christmas wish from the hydralyte of mining title services(0:05:13) IGO pauses Cosmos shaft(0:15:45) Flanno returns at this junior company(0:19:51) AVL sweetens deal for grumpy TMT shareholders(0:22:30) WAF looks to boost Sanbrado production(0:25:35) Spartan's latest Never Never assays

Today’s episode is our first venture into the world of energy. We brought on the show Thomson Naude to help us investigate the potential mega merger between Santos (STO) and Woodside (WDS), discussing what the key assets are, what the hurdles to deal are and what it would mean to the Australian energy market. We also discussed the recent M&A in the Perth Basin, why the east & west coast energy markets differ so widely and whether we should expect any changes in government legislation. 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 industryEmail rhori@investorhub.com for more information 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(0:03:12) Deep Drilling in the Smackover and Thacker Pass(0:07:22) Save Cobre Panama(0:09:58) Santos Woodside potential merger(0:11:31) Lay of the land for Aus Oil & Gas(0:18:45) What are the synergies?(0:21:54) How is East Coast gas market different to West Coast?(0:24:43) Economies of scale for Oil & Gas transactions(0:31:49) Interest in Gas from the Mining Magnates

We’ve got news from all around the world to see us into Money of Mine’s final week of 2023. First up was Regis Resources (RRL) who have killed there most talked about aspect by closing out the hedgebook. Then we discussed the latest assay results from Niobium hopeful WA1. Mali based Leo Lithium (LLL) finally shared some additional news with the market, though coming back on the boards to trade wasn’t mentioned. We then got into the maiden resource from Winsome Resources (WR1) for their Adina project in James Bay as they try to stem the headwinds being faced. Elevate Uranium (EL8) got a special mention for a costly capital raising before we spoke about the Panamanian government’s decision for First Quantum (FM.tsx) to close the giant copper mine. We round off with a couple comments from Rio Tinto’s (RIO) CEO on their plan for lithium M&A. 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 industryEmail rhori@investorhub.com for more information 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 Buy your Money of Mine MERCH here 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(0:02:33) The OG partners(0:07:19) Regis finally can the hedgebook(0:11:58) The lastest hits from WA1(0:15:40) Finally news for long suffering LLL holders(0:18:26) Maiden resource time at Winsome(0:21:38) EL8's special mention(0:24:16) First Quantum forced to shut US$10b mine(0:27:10) Will Rio Tinto do some lithium M&A?

Part 2 of our chat with Mr Lithium covers lots of fascinating and forgotten (in WA at least) projects & possibilities for the lithium market. We delve into what sedimentary projects are & what their impact will look like, what to make of this lithium over/under supply debate, whether China can really become the worlds biggest lithium miner & the misconceptions on lithium hydroxide vs carbonate. 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(0:01:11) What is going to save Liontown?(0:06:11) Exxon moving into Oil Field Brines(0:13:45) Is the impact of DLE over or under appreciated?(0:18:28) Sedimentary Lithium - Thacker Pass(0:33:25) Giga Factory capacity in North America(0:36:22) Hydroxide vs Carbonate downstream(0:44:17) Is the Min Res rock only strategy the go-to?(0:49:35) Is Australian downstream ever going to work?

We get the ball rolling today by announcing the winners of the “dumbest trade” competition, before launching into our take of Boss Energy’s (BOE) capital raise and acquisition. We then go to the big end of town to pick through the detail Rio Tinto (RIO) have provided on Simandou & Glencore’s (GLEN) completion of 2 aluminium related deals. Matty then takes us through the not often spoken about Tanami gold mine. We went deep into the history, orebody and everything else you need to know! 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(0:02:55) Trav's extra legroom(0:04:53) How do you get favourable coverage on Money of Mine?(0:09:07) Dumb Trade Winner(0:13:08) Boss Energy's acquisition(0:20:47) Rio Tinto Simandou update(0:24:14) Glencore buying big on Aluminium(0:26:59) Newmont's Tanimi project and colourful history

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!