Money of Mine

We’re at the end of 3 big days at Diggers, and we’ve got a great interview to share. Please bear with our lower-than-usual production standards because the value of this one is phenomenal. Jake Klein, the executive chair of Evolution Mining (EVN), one of Australia’s largest gold miners, came on Money of Mine to share his thoughts with us. We had a great chat about gold, copper, M&A, previous acquisitions, and a bunch more. We hope the Money Miners enjoy the discussion! 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 plus much moreJP Search – Recruitment specialists for the financial worldK-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 YouTubeFollow Money of Mine on TwitterFollow Money of Mine on LinkedInFollow Money of Mine on Instagram Chapters:(0:00) Preview(0:29) Introduction(2:26) Interview with Jake Klein(24:09) Wrap-up

Money of Mine dialing in from Diggers – Day 2! We had some great chats throughout the day and are sharing a couple of the conversations. Tony Rovira, MD of lithium market-darling Azure Minerals came on, along with his son who tried his best to steal the limelight. Our discussion ranged from growing a lithium exploration story to the tough junior gold market, and a bit about their family backstory. We also caught up with Ron Mitchell, MD of lithium developer Global Lithium. We covered plenty of ground including the market reaction to their scoping study, the state of the market, and a great over-rated vs. under-rated session. 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 plus much moreJP Search – Recruitment specialists for the financial worldK-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 HERALD Follow Money of Mine on YouTubeFollow Money of Mine on TwitterFollow Money of Mine on LinkedInFollow Money of Mine on Instagram Chapters:(0:30) Introduction(2:36) Azure Minerals AZS Tony Rovira (& son)(33:09) Ron Mitchell Global Lithium GL1

Diggers day one for the Money of Mine team! We apologise for this trainwreck episode…We had our mics and cameras rolling from De Bernales, picking up on what the word on the decline was.Our conversations were casual, ranging from various opinions on what different commodities are doing, the news of the day to a few contrarian views on the market.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 plus much moreJP Search – Recruitment specialists for the financial worldJoin 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

Money of Mine has delivered another great interview for the Money Miners today with none other than Pilbara Minerals CEO Dale Henderson.We visited the Pilgangoora operations and got the chance to sit down with the boss and grill him on how they’ll spending their big pile of cash, building an enduring business and his take on how hard it will be for competitors to bring lithium production online.We also ran through Trav’s Top Tweets, with as always, some hilarious content.Next week we’ll be at Diggers and Dealers in Kalgoorlie, so if you’re around town, come to De Bernales where we’ll be set up and tell us what you’re hearing on the decline!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 plus much moreJP Search – Recruitment specialists for the financial worldJoin 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 InstagramChapters:(0:00) Preview(0:24) Intro(3:11) Our Thoughts on Pilbara Minerals site Pilgangoora(8:43) Interview with Pilbara Minerals CEO Dale Henderson(21:20) Trav’s Top Tweets

Today we’re sharing with the Money Miners our discussion with Kingsley Jones. Kingsley runs the investment firm he founded, Jevons Global, on the back of years of experience at firms such as Credit Suisse, AllianceBernstein, and Macquarie group. With this background, his early career may surprise some. He is a PhD in Theoretical Physics with added experience working in research, which shines through in his scientific-based outlook on the market and commodities. We had a great discussion ranging from topics such as the implications of the Inflation Reduction Act & downstream commodity processing to the various commodities he looks at and their outlooks, including graphite, rare earths, lithium, and more. Be sure to catch Kingsley’s Quick Fire Round, with his under or overrated takes on topics from DLE to Niobium to Lynas. Enjoy the interview & feel free to get in touch with any feedback! 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 plus much more 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(0:51) Introduction(2:35) Welcoming Kingsley Jones onto Money of Mine(3:22) What does Jevons Global Do?(6:16) Transitioning from Theoretical Physicist to Investor(8:35) Why Kingsley Loves the Commodity Market(9:55) What’s the Macro Situation(19:07) Fighting Disinformation(23:07) Is Lynas’ History a Case Study for the Future From IRA?(28:29) Potential Bifurcation from the IRA and Winners(33:13) Lithium and the IRA(38:09) Going Downstream in Australia(41:10) What’s the actual Price Floor in Iron Ore(49:33) How to Understand the Graphite Market(54:38) Avoiding Group Think(58:32) Quick Fire – Underrated or Overrated?!

We’re delighted to be able to provide the Money Miners with (as far as we know) the first full-length interview with Wyloo CEO Luca Giacovazzi and GM Strategy & BD Joel Turco. Part 2 is all about the deals. We go deep unpacking the dealmaking creativity on Wyloo’s very public transactions. Think of the bidding war versus BHP for Noront. Remember the raid on Regis? Recall the exchangeable note with Hastings? Surely the “hostile” takeover of Mincor is fresh in your mind? The brains trust at Wyloo takes us through a thrilling and detailed rundown of how it all played out behind the scenes. 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 plus much more 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(0:55) Introduction(3:41) Investment in Hastings for Neo(6:28) Battle for Noront vs BHP(19:03) Wyloo’s wedge in IGO’s takeover of WSA(25:21) Wyloo’s acquisition of Mincor – Deal of the Year?(41:51) Too much focus on EVs in the Transition(45:00) Where will we see Wyloo next?

With quarterly season now over, we get to do one of our favourite segments – Name and Shame! Some of the lucky companies that make the cut include Sayona (SYA), Nimy (NIM), New World (NWC), Alice Queen (AQX), Poseidon (POS), AVZ (AVZ), Lefroy (LEX), Jindalee (JRL), and Pan Asia Metals (PAM). We then discuss the great investment that Patriot Battery Metals (PMT) has attracted from America lithium giant Albemarle (ALB.nyse). IGO’s (IGO) new capital management policy is worthy of a discussion, before for Matty takes through the potential for lithium underground mining across Australia, on the back of Allkem’s (AKE) commencement of a  study on the underground potential at Mt Cattlin. With round off by looking at 29 Metals (29M), now that things are back up and running at Capricorn Copper! 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 plus much more 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(0:37) Intro(2:11) Name and Shame time!(8:31) Why have Albemarle taken a stake in Patriot?(14:02) What will IGO do with their Money?(22:10) Who’s going underground in Australian lithium?(37:22) 29M restarting Capricorn Copper!

Last day of quarterly season! We kick things off with the big one, Patriot Battery Metals (PMT.asx) announcing their maiden resource estimate. 109.2Mt @ 1.4 % and plenty to talk about.  Next up is a brief chat about quiet achievers Emerald Resources (EMR.asx) who are looking to wrap up Bullseye Mining. A bit of global news followed, with iron ore giant Vale (VALE.nyse) selling off 13% of their base metals unit to a fascinating pair of investors.  Silver Lake (SLR.asx) announced a guidance number that the market didn’t take a liking to, thanks to Sugar Zone being turned off (at least that was our translation). To tie things off we go into the capital raise and operational update at mineral sands play Strandline (STA.asx), who have hit a snag while ramping up Coburn.  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 plus much more  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(0:59) Intro(4:26) Patriot maiden resource is released!(30:09) Why are Emerald buying up Bullseye?(32:21) What Vale selling stake to International Investors could mean(34:51) Why are Silver Lake down 20% today?!(40:00) What’s the story at Strandline Resources?

We’re nearing the end of the quarterly season, with a few last-minute capital raises being done to sure up the books. On this theme, Strandline (STA.asx) and Centaurus (CTM.asx) get a mention. We go over a bit of Macro with a potential change in the NSW coal royalty being discussed lately. Then, Liontown (LTR.asx) provides a progress update via their quarterly, and Carnaby (CNB.asx) keeps us waiting on their maiden mineral resource estimate. We reserve two longer chats for the fascinating tale behind graphite developer Magnis Energy (MNS.asx), and Calidus (CAI.asx), who are ramping up their Warrawoona Gold Project in the Pilbara.  We round off with some of Mineral Resources (MIN.asx) boss Chris Ellison’s best hits from their quarterly call.  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 plus much more 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(0:31) Intro(3:31) Last Call for Capital Raisings(6:00) NSW Ponders Coal Royalty Change(7:27) What’s the Progress at LTR’s Kathleen Valley(11:20) Carnaby’s Resource Estimate in the Works(12:47) The Colourful History of Magnis Energy(20:50) How’s Ramp-up going at Calidus(29:15) Chris Ellison Hits Out at the Analysts!

We have the delight of being able to share today with the Money Miners a discussion with Doomberg!For those unaware, Doomberg represent a small team of skilled analysts who through their substack newsletter write provocative and thought-provoking content in the macro, energy, finance, and economy-at-large space. They consistently produce work that provides readers with a view that isn’t captured by the mainstream media, and on the back of this, they’ve been able to grow to a subscriber base of north of 175k subscribers.We believe the discussion is well worth your time and encourage any engagement or feedback you have! Doomberg Substack: https://doomberg.substack.com/Doomberg Twitter: https://twitter.com/DoombergT Thanks to our partners at Terra Capital for supporting Money of Mine. 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. 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:(00:00) Preview(00:37) Pre-Interview Introduction(03:38) Welcoming Doomberg(06:56) Doomberg does homework on Money of Mine(07:31) Energy is Life(11:44) Misconceptions in the Energy Market(13:42) All things Nuclear Energy(17:21) Uranium Price View(29:39) Rebuttals to Nuclear Critiques(31:35) Doomberg on Coal(34:30) Private Markets and Coal(38:02) Questioning Transition Assumptions(42:11) Hybrids vs EVs(44:25) Matty confuses global warming and the ozone hole(49:00) Investing where can have influence(51:17) Mass dissonance in society(52:43) Views on DLE - Direct Lithium Extraction