No quiet Friday at Money of Mine with plenty of news from the world of mining to chat about today.
We launched into MinRes (MIN) upping the stakes, now raising US$1.1B in a bond offering to global investors.
Liontown (LTR) updated the market with a poorly kept secret that the capex bill had jumped, plus news that DSO was no longer on the cards.
The ACG Acquisition Co SPAC revealed that its deal to buy 2 Brazilian mines from Appian was no more while Lithium Power (LPI) responded to media speculation regarding a potential transaction with Chilean state-owned copper giant Codelco.
IsoEnergy & Consolidated Uranium decided they’d get together in a Canadian uranium merger as well as Sovereign (SVM) sharing (yesterday) its PFS for its rutile and graphite project in Malawi.
To round off a big week Core Lithium (CXO) provided a much needed positive update and figures from its first financial year as a producer.
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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Timestamps:
(0:00) Preview
(0:35) Intro
(1:59) MinRes upping the stakes
(7:22) Liontown capex jumps
(14:26) ACG SPAC deal falls through
(16:41) Lithium Power jumping on media speculation
(19:51) IsoEnergy & Consolidated Uranium getting together
(23:10) Sovereign PFS for BIG Malawian mine
(26:23) Core Lithium finally share good news
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