Why is Liontown Down 20% Today? + Perseus goes Hostile!
A big start to the week with lithium market darling Liontown (LTR) announcing a Kathleen Valley funding update, seeing the stock come off 20%.
Perseus’s (PRU) bid to buy OreCorp (ORR) in an all-cash deal caught our eye as well as Wyloo’s unfortunate decision to put its Kambalda nickel operations on care & maintenance.
On the theme of managing costs, we commented on Chalice’s (CHN) decision to cut back, before rounding off on Lynas’s (LYC) quarterly, with our eye’s focused on an update on the Kalgoorlie processing facility.
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:
InvestorHub – The go-to Digital Platform shaking up the Investor Relations industry
Email rhori@investorhub.com for more information
DSI Underground - Supplier of Ground Support Products to the Mining and Tunnelling industries
Terra Capital – Specialist investment manager in the natural resources sector
McMahon Mining Title Services (MMTS) – Australia-wide tenement service experts
Futureproof Consulting – Specialist mining-industry sustainability consultants providing ESG solutions for miners of all sizes, stages and commodities
Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more
KCA Site Services – Underground mining machine hire for IT’s, normet’s, trucks and more
Brooks Airways – Perth’s leading charter flight operators
K-Drill – Safe, reliable, and productive surface RC drilling
Buy your Money of Mine MERCH here
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
Chapters:
0:00:00 | Introduction
0:00:43 | Engage with your shareholders
0:04:12 | Why is Liontown down 20%?!
0:21:21 | Is Perseus's bid for OreCorp superior?
0:37:22 | Wyloo put their nickel operations on care & maintenance
0:51:53 | Chalice cut back on spending
0:54:12 | What we learnt from Lynas's quarterly