Why did Albemarle raise >US$2b?
Plenty to chat about as Albemarle (ALB.nyse) rattles the tin in a big way whilst 29 Metals (29M) made a change at the top.
The Battle for Nyanzaga rumbles on with OreCorp’s (ORR) AGM being held late last week while First Quantum (FM.t) have had a massive job deleveraging their balance sheet.
When then had a dive into the PGM (or PGE?) market which is having a very tough time before rounding off with drill results from Wildcat (WC8) & Spartan (SPR).
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.
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(0:00:00)Intro
(0:03:06)Albemarle launch HUGE capital raise
(0:12:14)Big news out of 29 Metals
(0:16:44)The Battle for Nyanzaga rumbles on
(0:20:58)First Quantum's massive deleveraging
(0:27:43)What's going on with PGM's?!
(0:34:28)Wildcat & Spartan's news from the drillbit