March 21, 2024

The Report that Shaved $250 Million from IGO Today

We’ve got a big one Money Miners.

We started the show by dissecting a bearish report written on IGO, before discussing the latest news from Develop (DVP). 

Next, we pulled apart Sierra Rutile (SRX) in one of the year’s most fascinating M&A stories, then moving to another M&A story that is drawing to a close, we spoke about the Battle for Nyanzaga (ORR, PRU, SVM.t). 

Meteoric (MEI) & Australian Strategic Materials (ASM) both received non-binding hand outs from the US Export-Import Bank which was worth a chat, before we flew through announcements at Spartan (SPR), Calidus (CAI), Firefly (FFM) and lastly Global Lithium (GL1). 

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:

 

VRIFY – Communicate in 3D

grant@vrify.com

 

GetWet Solutions – Innovative Bladder Tanks Storage for mobile Water storage on your Mine Site

Matt.hall@getwetsolutions.com.au

 

DSI Underground – Ground Support gurus

https://www.dsiunderground.com/contact

 

SMEC Power & Technology – Electrical experts

sales@smelectrical.com.au

 

Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more

seamus@anytimees.com

 

KCA Site Services – Underground mining machine

admin@kcasiteservices.com.au

 

Brooks Airways – Perth’s leading charter flight operators

ops@brooksairways.com

 

K-Drill – Safe, reliable, and productive surface RC drilling 

ryan@k-drill.com.au

 

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(0:00:00) Introduction

(0:00:38) More pain to come for IGO?

(0:15:47) Develop announce Karora deal

(0:23:41) The years most fascinating M&A deal (SRX)

(0:34:48) The Battle for Nyanzaga is almost done (ORR, PRU, SVM.t)

(0:36:30) MEI & ASM get big government boost

(0:40:24) Why the board change at Spartan?

(0:47:11) Calidus rattle the tin

(0:52:34) Firefly's Cu eq