S32’s GEMCO damage revealed + BSE’s 188%-premium takeover

Money of Mine

22-04-2024 • 49 mins

First up, the big one, South32 (S32) finally shared an update on Groote Eylandt amongst their quarterly. Then, we got into the detail at Ramelius (RMS) who had a bumper quarter and onto Base Resources (BSE) who copped a huge takeover premium from American-listed Energy Fuels (UUUU.nyse).

We then ventured to Bosnia to talk about Adriatic’s (ADT’s) decision to go owner-operator, followed by 29Metals (29M) who got offtake financing and provided an insurance update, Boss Energy (BOE) who finally announced first uranium drums, Global Atomic who are yet to lock down debt financing and lastly a peak into Delta Lithium (DLI) met results.

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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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Money of Mine on YouTube

(0:00:00)Introduction

(0:00:55)S32 finally update on Australian manganese

(0:10:12)Ramelius share bumper earnings

(0:21:00)Base Resources agreed 188% premium takeover

(0:25:26)Adriatic go owner-operator

(0:33:03)29Metals get more insurance cash + offtake financing

(0:38:06)Boss Energy produce U

(0:39:50)Global Atomic debt financing nerves

(0:43:32)A look into Delta Lithium's metallurgical results