What’s a “Foreign Entity of Concern”? + Is ARU’s Letter of Intent worth its weight?

December 04, 2023 00:45:48
What’s a “Foreign Entity of Concern”? + Is ARU’s Letter of Intent worth its weight?
Money of Mine
What’s a “Foreign Entity of Concern”? + Is ARU’s Letter of Intent worth its weight?

Dec 04 2023 | 00:45:48

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Show Notes

We crack on into December with another round of AGM remuneration vote downs, focusing in on the mining services (including special mentions to Perenti [PRN], NRW Holdings [NWH] & Emeco [EHL]).   Next up we have a chat about the new information that’s been released on the US Inflation Reduction Act with detail provided on what constitutes a “Foreign Entity of Concern”, including implication for Australia battery metal miners.   Arafura’s (ARU) latest financing got a shout out as well as highlights from Sayona’s (SYA) punchy AGM.   We then ventured to Matty’s favourite nation, PNG, to cover the GR Engineering (GNG) contract with K92 (TSX-listed) before rounding out on Liontown’s (LTR) port solution with the Mid West Port Authority.   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   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   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   TIMESTAMPS   (0:00:00) Introduction (0:02:31) Ally GC's Instagram giveaway (0:06:33) Wanna speak to MD's + CEO's directly? (0:12:36) Mining Services Rem Reports voted down (0:16:39) What's a "foreign entity of concern" (0:22:00) Will all these letter's of intent help Arafura? (0:28:13) K92 lock in GR Engineering to build stage 3 (0:34:52) Sayona AGM highlights (0:38:47) Liontown secure port access to export lithium

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