Money of Mine MinRes Ups the Stakes while Liontown’s Capex Jumps
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