Money of Mine Wildcat Flies, SLR Moves for Red5, Develop Scheme ‘Not Fair’
There were plenty of news drops late on Friday plus a load more today to keep us busy.
First up is Wildcat (WC8) who have merged from suspension with lithium results that the market is loving.
We provide an update on the Abyssinian 249D which went to a vote on Friday, then talk of another company who are in the midst of corporate changes at VHM limited (VHM).
Next up is Develop Global (DVP), where the Independent Experts left MD Bill Beament with some ripping quotes in the AFR by classing the scheme with Essential Metals to be ‘not fair but reasonable.’
Red5 (RED) came on our radar with a big block of stock changing hands and turning heads, with Silver Lake (SLR) being identified as the buyer.
Last up, De Grey (DEG) dropped their annual report late of Friday, which gave us an excuse to snoop through and have a yarn about their upcoming and hot anticipated DFS.
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:
Terra Capital – Specialist Investment manager in the natural resources sector
Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more
JP Search – Recruitment specialists for the financial world
K-Drill – Safe, reliable, and productive surface RC drilling
SMEC Power & Technology – Electrical specialists for the mining industry
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) Preview
(1:01) Intro
(5:31) Wildcat flying on lithium hits
(21:43) Abyssinian shareholder go to vote
(24:32) VHM ringing the board changes
(27:29) Develop’s takeover of Essential deemed ‘Not Fair’
(36:09) A block of Red5 stock changes hands, Silver Lake the buyer
(45:50) Pre-empting De Grey’s DFS