Breaking Down the Mining News of the Day, Money of Mine

Money of Mine

Breaking Down the Mining News of the Day

An ex-underground miner, an ex-investment banker, and an ex-equity research guy breaking down the mining news of the day. It's a bit of entertainment, information, and occasionally some alpha.

Equity Bottom-Up

Spartan Resources /Australi / Equity Bottom-Up

Spartan Resources Limited provides exploration and mining services. The Company explores and develops gold projects in Western Australia. Spartan Resources serves customers worldwide.

<ul>
<li>Citigroup seeking sellers of 10-19.99% of Spartan Resources shares</li>
<li>150 million shares traded at $0.89 apiece, valued at $134 million</li>
<li>Likely buyer is Ramelius, who can't bid for the whole company for 4 months</li>
</ul>
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.


Citigroup seeking sellers of 10-19.99% of Spartan Resources shares
150 million shares traded at $0.89 apiece, valued at $134 million
Likely buyer is Ramelius, who can't bid for the whole company for 4 months

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

“Mystery” Buyer Snaps up Spartan Stake

Thematic (Sector/Industry)

<ul><li>Deep-pocketed investors are taking a long-term view on the market fluctuations</li><li>Pilbara Minerals is planning for significant growth with targets of moving 110 million tons per annum</li><li>Npv of $2.6 billion and IRR of 55% make the growth project compelling for Pilbara Minerals.</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Deep-pocketed investors are taking a long-term view on the market fluctuationsPilbara Minerals is planning for significant growth with targets of moving 110 million tons per annumNpv of $2.6 billion and IRR of 55% make the growth project compelling for Pilbara Minerals.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Pilbara Looks Within While Paladin Opts to Buy

Fortescue Metals Group Ltd. explores for and produces iron ore. The Company conducts business worldwide.

<ul>
<li>Fortescue Metals Group experienced a significant block trade worth $1.1 billion, leading to a 6% discount in their stock price</li>
<li>Potential sellers include Hunan Iron and Steel Group, Vallon Holdings, and Capital Group, with speculation on the reasons behind the sale</li>
<li>The geopolitical situation in Niger, with ongoing conflicts involving French, US, and Russian forces against Islamist militants, is a topic of interest and discussion among the group</li>
</ul>
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.


Fortescue Metals Group experienced a significant block trade worth $1.1 billion, leading to a 6% discount in their stock price
Potential sellers include Hunan Iron and Steel Group, Vallon Holdings, and Capital Group, with speculation on the reasons behind the sale
The geopolitical situation in Niger, with ongoing conflicts involving French, US, and Russian forces against Islamist militants, is a topic of interest and discussion among the group

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Event-Driven

Trident Royalties PLC operates as a mining royalty and streaming company. The Company receives mining royalties and streams represent a highly attractive asset class. Trident Royalties serves customers worldwide.

<ul>
<li>Deterra has made a deal to acquire Trident Royalties, a UK listed royalty company, at a 42% premium to its undisturbed price</li>
<li>The deal includes assuming Trident's debt and will result in Deterra cutting its dividend payout ratio in half from FY 25 going forward, upsetting current shareholders</li>
<li>Deterra's fully frank dividends have attracted Australian institutional shareholders, who may be affected by the change in dividend policy and potential impact on share price</li>
</ul>
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.


Deterra has made a deal to acquire Trident Royalties, a UK listed royalty company, at a 42% premium to its undisturbed price
The deal includes assuming Trident's debt and will result in Deterra cutting its dividend payout ratio in half from FY 25 going forward, upsetting current shareholders
Deterra's fully frank dividends have attracted Australian institutional shareholders, who may be affected by the change in dividend policy and potential impact on share price

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Boss Resources Limited operates as a mineral exploration company. The Company explores and develops uranium and base metal projects. Boss Resources serves customers in Namibia.

<ul><li>Boss Energy, an Australian uranium producer, saw a significant drop in stock price following the sale of shares by three directors.</li><li>The directors sold a substantial amount of their stock, representing 83%, 63%, and 63% of their ordinary shareholdings respectively.</li><li>The high volume of trading on the stock on the day of the sale has raised concerns about the timing and implications of the director's actions during a critical phase of the company's life cycle.</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Boss Energy, an Australian uranium producer, saw a significant drop in stock price following the sale of shares by three directors.The directors sold a substantial amount of their stock, representing 83%, 63%, and 63% of their ordinary shareholdings respectively.The high volume of trading on the stock on the day of the sale has raised concerns about the timing and implications of the director's actions during a critical phase of the company's life cycle.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Money of Mine
Breaking Down the Mining News of the Day

“Mystery” Buyer Snaps up Spartan Stake

Citigroup is seeking sellers of 10-19.99% of shares from Spartan Resources, with Romelius potentially interested in acquiring a stake in the...

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Pilbara Looks Within While Paladin Opts to Buy

Investors eyeing Pilbara Minerals for potential growth as the company aims for significant expansion, despite an increase in operating costs and...

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Who’s Dumping FMG Stock?

Discussion on uranium geopolitics and potential site visits, analyst interests in gold, oil, and gas, Fortescue block trade, speculation on sellers...

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Uranium Grows, Lithium Woes

Deterra is considering acquiring Trident royalties in a deal valued at 49 pence per share, which would involve assuming Trident's debt and cutting...

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Uranium CEO Sells Over 80% of his Shares

Boss Energy, an Australian uranium producer, experienced a significant drop in stock price after three directors sold a large portion of their...

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