June 11, 2024

Energy deal rumours heat up

We’ve got plenty of stories from around the grounds, starting with 29Metals (29M) finalising their offtake financing, then onto Southern Cross (SXG) & Mawson Gold (MAW.t) tying the knot.

MinRes (MIN) seem to have pushed their $200m Red Hill (RHI) payment down the road a touch, while oil & gas M&A rumours are in the air.

Bannerman (BMN) knocked out more study numbers while AIC Mines (A1M) hit their FY24 guidance and Spartan (SPR) shared further gold hit. To wrap up, we had some word on the decline regarding BHP’s Nickel West (BHP). 

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(0:00:00)Introduction

(0:01:01)29M - tell us the margin!

(0:04:43)Southern Cross & Mawson merger

(0:11:17)MinRes delay Red Hill payment

(0:14:35)O&G deal rumours 

(0:17:52)More studies from BMN

(0:21:44)Guidance hit at A1M

(0:23:29)Gold hits at Spartan

(0:24:36)BHP Word on the Decline