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𝐁𝐇𝐏 𝐚𝐧𝐝 𝐋𝐮𝐧𝐝𝐢𝐧’𝐬 𝐁𝐢𝐠 𝐌𝐨𝐯𝐞 𝐄𝐱𝐩𝐥𝐚𝐢𝐧𝐞𝐝 (but why should investors care) 📈 BHP and Lundin Mining have teamed up to acquire Filo Corp. for C$4.5 billion. This move creates a joint venture in Argentina's Vicuña district, combining the Filo del Sol and Josemaria projects. 𝐇𝐞𝐫𝐞'𝐬 𝐰𝐡𝐚𝐭 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐧𝐞𝐞𝐝 𝐭𝐨 𝐤𝐧𝐨𝐰: 1) BHP and Lundin Mining are forming a long-term partnership to develop a major copper district. 2) Total acquisition cost is C$4.1 billion, C$33 per Filo share. 3) The deal offers a 32.2% premium over Filo's 30-day average. 4) Filo shareholders can choose cash, Lundin shares, or a mix. 5) The acquisition requires approval from Filo Corp. shareholders and Canadian court approvals. 6) Expected to close in Q1 2025. 𝘛𝘩𝘪𝘴 𝘢𝘤𝘲𝘶𝘪𝘴𝘪𝘵𝘪𝘰𝘯 𝘢𝘭𝘪𝘨𝘯𝘴 𝘸𝘪𝘵𝘩 𝘉𝘏𝘗’𝘴 𝘴𝘵𝘳𝘢𝘵𝘦𝘨𝘺 𝘵𝘰 𝘢𝘤𝘲𝘶𝘪𝘳𝘦 𝘦𝘢𝘳𝘭𝘺-𝘴𝘵𝘢𝘨𝘦 𝘤𝘰𝘱𝘱𝘦𝘳 𝘱𝘳𝘰𝘫𝘦𝘤𝘵𝘴 𝘢𝘯𝘥 𝘦𝘯𝘵𝘦𝘳 𝘴𝘵𝘳𝘢𝘵𝘦𝘨𝘪𝘤 𝘱𝘢𝘳𝘵𝘯𝘦𝘳𝘴𝘩𝘪𝘱𝘴, 𝘱𝘰𝘴𝘪𝘵𝘪𝘰𝘯𝘪𝘯𝘨 𝘵𝘩𝘦𝘮 𝘢𝘯𝘥 𝘓𝘶𝘯𝘥𝘪𝘯 𝘔𝘪𝘯𝘪𝘯𝘨 𝘢𝘴 𝘬𝘦𝘺 𝘱𝘭𝘢𝘺𝘦𝘳𝘴 𝘪𝘯 𝘢𝘯 𝘦𝘮𝘦𝘳𝘨𝘪𝘯𝘨 𝘤𝘰𝘱𝘱𝘦𝘳 𝘥𝘪𝘴𝘵𝘳𝘪𝘤𝘵. 💡 Let's break it down further. 𝐖𝐡𝐲 𝐓𝐡𝐢𝐬 𝐌𝐚𝐭𝐭𝐞𝐫𝐬: - Copper is critical for the energy transition. - BHP and Lundin gain a strategic advantage in Argentina. - The Vicuña district offers significant potential. Here's the contradiction. 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬: - Leveraging shared infrastructure for economies of scale. - Accelerating project development. - Capitalizing on Argentina's improving investment climate. 𝐑𝐢𝐬𝐤𝐬: - Delays in regulatory approvals. - Integration challenges. - Market fluctuations affecting copper prices. 𝐇𝐞𝐫𝐞’𝐬 𝐖𝐡𝐚𝐭 𝐭𝐨 𝐃𝐨: - Recognize the strategic benefits of the partnership. - Understand the significance of the premium offer. - Appreciate the long-term potential of the joint venture. - Stay informed about the approval process. ----------- 𝐓𝐡𝐢𝐬 𝐭𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐭𝐡𝐞 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐜𝐞 𝐨𝐟 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐩𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬 𝐰𝐢𝐭𝐡 𝐣𝐮𝐧𝐢𝐨𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐦𝐢𝐧𝐢𝐧𝐠 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲. 🗨️ What are your thoughts on this acquisition and its impact on junior miners? 𝙇𝙞𝙠𝙚 & 𝙁𝙤𝙡𝙡𝙤𝙬 ➡ Forte Minerals Corp. for the latest company updates and market insights. #TheFutureIsCopper --- 𝘕𝘰𝘵𝘦: 𝘛𝘩𝘪𝘴 𝘪𝘴 𝘯𝘰𝘵 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵 𝘢𝘥𝘷𝘪𝘤𝘦. 𝘈𝘭𝘭 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵𝘴 𝘪𝘯𝘷𝘰𝘭𝘷𝘦 𝘳𝘪𝘴𝘬𝘴. 𝘊𝘰𝘯𝘴𝘪𝘥𝘦𝘳 𝘦𝘯𝘷𝘪𝘳𝘰𝘯𝘮𝘦𝘯𝘵𝘢𝘭, 𝘳𝘦𝘨𝘶𝘭𝘢𝘵𝘰𝘳𝘺, 𝘢𝘯𝘥 𝘰𝘱𝘦𝘳𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘧𝘢𝘤𝘵𝘰𝘳𝘴 𝘢𝘯𝘥 𝘤𝘰𝘯𝘴𝘶𝘭𝘵 𝘢 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘱𝘳𝘰𝘧𝘦𝘴𝘴𝘪𝘰𝘯𝘢𝘭.

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Arne Lutsch

Talking Battery Commodity - Member Investor Advisory Board - Investing in junior Explorers across safe jurisdictions in the EV battery space + $JOBY $ASTS $RKLB

3mo

GOOD INSIGHTS

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