Who is Buying Bald Hill Lithium Mine? + AuTECO moves for Canadian Copper

Another fruitful day of news to analyse, with the revolving door at Fortescue (FMG) again being a talking point as two further senior figures leave the company. We then delve into the Bald Hill debacle, which appears to have an imminent end to it, with a mysterious bidder for the prized asset lurking.

A quick mention for Sayona (SYA) and Morella (1MC), who share an MD/CEO, then onto a deep dive into AuTECO’s $50m acquisition of the Green Bay Copper-Gold project in Eastern Canada. We round off the week with more news out of Canada as uranium developer NexGen (NXG) announces funding via a US$110m convertible note.

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

Topdrill – Drilling into the future

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

(0:41) Intro

(3:07) The Revolving Door at Fortescue Continues

(12:55) Alita’s Bald Hill to be Changing Hands Imminently!

(20:54) Sayona & Morella’s Busy CEO

(23:36) AuTECO Scoop up Canadian Copper Asset

(37:32) NexGen Secure Convertible Debt Funding