We’re in November, which is in addition to being the month of mustaches, is AGM season. And we’ve got Ally GC in the hotseat to get us excited for it. Wildcat (WC8) is out raising some funds for Tabba Tabba while Sayona drops the “Strategic Review” phrase. We rapid fire look at Orecorp’s merger progress, Southern Cross’ drill hits, and Impact Minerals’ (IPT) Scoping Study. Thank you to our Podcast Partners: Terra Capital – Specialist Investment manager in the natural resources sector https://terracapital.com.au/ K-Drill – Safe, reliable, and productive surface RC drilling https://www.k-drill.com.au/ McMahon Mining Title Services (MMTS) – Australia- wide tenement service experts https://www.mmts.net.au/ Brooks Airways – Perth’s leading charter flight operators https://www.brooksairways.com/ JP Search – Recruitment specialists for the financial world https://www.linkedin .com/in/xavierprevot/ https://www.linkedin.com/in/michael-jay-260b2254/ KCA Site Services – Underground Mining machine hire for IT’s, Normet’s, Trucks, and more https://kcasiteservices.com. au/ Future Proof Consulting – Specialist mining-industry sustainability consultants providing ESG solutions for miners of all sizes, stages and commodities https://futureproofconsulting.com.au/ Anytime Exploration Services – Exploration workers, equipment, core cutting/storage plus much more https://www.anytimeexplorationservices.com/ SMEC Power & Technology – Electrical specialists for the mining industry https://smecpt.com.au/ ——————- ———— FOLLOW US Join our Money Miner Facebook Group: – Facebook Group: https://tinyurl.com/yxhph4fw Sign-up for our Weekly Newsletter: – Hooteroo Herald: https:// tinyurl.com/2ywx936s Subscribe to our podcast wherever you listen to them: – Spotify: https://tinyurl.com/vc9anake – iTunes: https://tinyurl.com/bdfuhumy – Google Podcasts: https://tinyurl.com /4rm5wk6b Follow us on all social platforms to stay up-to-date: – Twitter: https://tinyurl.com/5a6ufw9c – Instagram: https://tinyurl.com/2p9p4xpd – LinkedIn: https://tinyurl.com /kvszkse3 – Facebook: https://tinyurl.com/yck4vx9p We have personal Twitter accounts you can follow too: – Matty: https://twitter.com/mattymikals – JD: https://twitter.com/JDmoneyofmine – Trav : https://twitter.com/TRAVmoneyofmine ——————————- CHAPTERS 0:00 Preview 0:24 Intro 2:24 Matty’s interesting airplane statistic 12:53 AGM Season is Upon Us 16:23 The Crazy Feline (WC8) Rattles the Tin for up to $100 million 29:59 Sayona’s (SYA) Strategic Review 36:23 Orecorp (ORR) Merger Moves Forward 38:03 Southern Cross Gold’s (SXG) Big Hits 41:40 Impact Minerals (IPT) Scoping Study —————————- — DISCLAIMER 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.
12 Comments
Mark Cutifani on your show talked up Southern Cross as having potential 7 days ago
Elevate? For a split second I thought Matty was introducing us to a new word: “Allyvate”. 😉
Great episode, and good to see Ally GC on your side of the table. What the … is going on with the comments? 🤔
I am 70, but I feel as young as you guys and gals and am chasing my ten baggers just like you!!
Sya is a dog. Lost so much money on it
I don't understand why everybody is so down on Sayona.
With all of the North American projects that they own, they're the largest North American resource.
They're shipping spodumene now which is more than 95% of any other companies that have lithium mining claims.
They'll be the only other carbonate producer in North America if they complete the plant (which they will).
Canada is an approved US strategic partner which makes them eligible for IRA tax credits.
All of that is already done regardless of who hops into the director seat. They are ahead of everybody else and if one of the seniors was smart they would buy them right now. The valuation for a company that is so far along is a steal right now. I still think this is a long-term win no matter how you slice it.
THANKS
Was not expecting a come fly with me clip in this one! always keeping us on our toes.
Another boomer here, I wish this show was a around when I started investing when I was as twenty year old. Great content and love your humour. Keep going you have plenty of fans out there.
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Sayona…could still be a bargain…moneys in the ground just gotta get it in the ships. Could have a similar issue that FQM’s Ravensthorpe nickel has..bottlenecks. I’m a mechanical fitter on the modification squad trying to sort them out. So much emphasis put on management…the cricket selectors rather than the team…production engineers and tradies. I talked to our head production engineer today about Sayona. Maybe not designed for the climate…high rainfall, spillages on conveyor belts, blocking chutes. And then there are shit maintenance companies with shit tradesmen… try save on tradie wages and treat them like shit….start up from a shut down and Neely fitted bearings overheat, coupling gears strip, welds break….You could see one of WA’s biggest lithium miners start having big issues. I won’t do shutdowns with them again and same with most of the other tradies, good riggers I work with….Gold miners are now offering the most money for shut down contractors. If iron ore, lithium, nickel take their eye off the ball they might have big problems…skill shortages are only getting worse…need more apprentices…fast!!
Another great show folks thanks for this.
Quick question- lets say if the placement is for 80M and the company gets 10 bids for total 160M, can they selectively pick just 5 bidders with favorable terms and obtain the 80M in placement or they are obligated to give all 10 bidders 8M worth of shares?
Thanks again legends