Money of Mine

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 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: Terra Capital – Specialist Investment manager in the natural resources sector Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more JP Search – Recruitment specialists for the financial world K-Drill – Safe, reliable, and productive surface RC drilling Topdrill – Drilling into the future 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) Preview(0:53) Intro(4:05) Dylan Kelly (DK) on Money of Mine!(9:00) The demand story versus lithium(15:10) Rare Earths 101(24:31) What are ionic clays all about?(26:12) The environmental debate(28:50) Barriers to entry(31:03) Government intervention in RE investments(32:48) What determines a good vs bad Ionic Clay(35:28) Risk vs Reward investing in Rare Earths(38:19) China’s impact on market(42:47) Would Terra Capital invest in a Chinese RE play?(43:52) Iluka + other Mineral Sands deposits with RE by-products(48:38) China’s impact on NdPr pricing(50:45) Can rare earths be substituted?(54:03) Is recycling going to happen on a larger scale?(55:53) The rules for picking stocks!(59:16) Lynas execution risk(1:03:17) Iluka’s capacity(1:06:23) The developers & explorers

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), while Hillgrove Resources (HGO) is our final talking point of the day, with the aspiring copper producer releasing some copper intercepts from depth. 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: Terra Capital – Specialist Investment manager in the natural resources sector Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more JP Search – Recruitment specialists for the financial world K-Drill – Safe, reliable, and productive surface RC drilling Topdrill – Drilling into the future 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) Preview(1:11) Intro  (with Brodes)(7:07) Fortescue investor call(10:16) Red 5 post up annual numbers(23:11) Ramelius gets majority ownership at Musgrave(23:35) Hillgrove approaching first production

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 Anitpa (AZY) and Black Cat (BC8) both had their hands out in dilutive capital raises. Sayona’s (SYA) MD left his post at the company which we had to discuss and Bowen Coking Coal (BCB) released a strategic review and update, which the market has looked upon to kindly. Iron ore giant Fortescue (FMG) announced another executive departure, their 10th in about 3 years, with CEO Fiona Hick leaving the business. We closed out the show with a chat about Gold Road (GOR) and what their future could look like. 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: Terra Capital – Specialist Investment manager in the natural resources sector Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more JP Search – Recruitment specialists for the financial world K-Drill – Safe, reliable, and productive surface RC drilling Topdrill – Drilling into the future 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 (0:00) Preview(1:09) Intro(3:56) Firefinch 249D meeting(12:16) Ramelius go unconditional on MGV(15:26) WA1 release further assays(20:14) Antipa & Black Cat launch capital raises(25:00) Sayona MD leaves(28:47) Bowen Coking Coal Strategic Review(32:59) Fortescue CEO Fiona Hick leaves(37:05) Gold Road post up half-yearly results

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 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:Terra Capital – Specialist Investment manager in the natural resources sectorAnytime Exploration Services – Exploration workers, equipment, core cutting/storage + much moreJP Search – Recruitment specialists for the financial worldK-Drill – Safe, reliable, and productive surface RC drillingTopdrill –  Drilling into the future 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 YouTubeFollow Money of Mine on TwitterFollow Money of Mine on LinkedInFollow Money of Mine on Instagram Chapters:(0:00) Preview(0:47) Intro(3:53) Pilbara Continues to Watch the Cash Pile Up(22:14) Trav’s Top Tweets

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 results on Western Australia, somewhat contrary to expectations. We save a deep dive for Strickland Metals (STK), who are the recent sellers of the Millrose gold project to Northern Star. The transaction has left them in an enviable position amongst their exploration peers, cashed up and raring to go. 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: Terra Capital – Specialist Investment manager in the natural resources sector Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more JP Search – Recruitment specialists for the financial world K-Drill – Safe, reliable, and productive surface RC drilling Topdrill –  Drilling into the future 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) Preview(0:48) Intro(4:58) China’s Economy makes Investors Nervous(10:12) Some Eye-Catching details from BHP’s Latest Update(18:01) Allkem has a Bumper Year & Renews WA Focus(22:06) An ASX Junior that’s Cashed Up

"Money of Mine" features investor Hedley Widdup discussing his transition from geologist to natural resource fund manager. Topics include mineral exploration investment cycle, temperature of various commodities, what to look for in juniors, consolidation of gold juniors in Australia, significance of tin and copper, opportunities in the copper space, and opinions on commodity companies and assets.

JD interviews John Forwood, CIO at Lowell Resources Fund, discussing how Lowell picks out 10-baggers, their outlook on commodities, and stand-out explorers they're currently picking. They also analyze the recent takeover proposal for ZOA stock and discuss Comet Ridge, the East Coast gas play. In a quick fire round, they cover underrated and overrated stocks, issues, and commodities.

The podcast discusses capital raises in Azure, Rox Resources, and Centrex, along with insurance claims and drilling results. The hosts also delve into the world of phosphate, exploring its origin on Naru and market analysis. They touch on topics like nickel picks, shareholder approval, company performance, and failed investments in phosphate mining.

In this podcast, Patrick Newton, a brilliant intern, joins the hosts to discuss the incredible saga of Firefinch. They delve into the timeline of events surrounding Leo Lithium, the connections between Firefinch and Leo Lithium, and the progress of the Marilla Goldmine acquisition. They also touch on Firefinch's market cap growth, financial troubles, trading halt, and shareholder vote. The episode concludes with a discussion on companies using customers' money and the potential for creating competition.

Special guest Alexandra Gelevitis, 5+ years investment banking, joins the hosts to discuss potential gold industry deals. They also unpack the Liontown contract and funding gap, and analyze capital raisings hitting the ASX. They explore challenges in mining project development, constraints in the gold market, and the promising Murchison Minajatua project. Lastly, they speculate on gold mergers, acquisitions, and the possibility of another metal entering the sector.