Ilala Metals’ Post

Metals Acquisition Ltd (ASX:MAC, NYSE:MTAL) started trading on the ASX today following the completion of its heavily oversubscribed IPO (initial public offering) in Australia of CDIs (chess depositary interests). MAC raised A$325 million via the issue of 19,117,648 CDIs at the top of the indicative price range, being A$17.00 per CDI. Given the level of demand under the bookbuild process in connection with the offer, MAC determined to upsize the raise from A$300 million to A$325 million. Based on the final price of A$17.00 per CDI, at listing MAC has an implied total market capitalisation of ~A$1.18 billion. This makes MAC’s IPO as the biggest ASX mining listing based on market capitalisation in over five years. More at #Proactive #ProactiveInvestors #ASX #NYSE #MAC #MTAL #ipo #listing http://ow.ly/NTPQ105iqgE

After Kali Metals Ltd (ASX:KM1)’s highly successful #ASXListing, it has been revealed Chris Ellison’s Mineral Resources was blocked from participating in a joint venture or #InitialPublicOffering (IPO). However, the #mining giant now has close to a 10% stake in Kali as the company’s first week of trading closes out and is looking to work closely with Kali in this high potential #lithium area in Western Australia.  This week, The Australian Financial Review contacted MinRes about its initial meetings with Kali, potential for involvement as a joint venture partner, and involvement in the #IPO. “Those approaches were declined,” a MinRes spokesman told the AFR when asked about its rejection from last year’s IPO. “Kali has been explicit about its decision to exclude companies such as MinRes from the IPO. MinRes then invested in Kali Metals at the earliest opportunity, which was on-market after the company... More at #Proactive #ProactiveInvestors #ASX #KM1 #BatteryMetals http://ow.ly/cSyW1058suQ

The #gold #industry is at a turning point. After years of cost-cutting, the focus is now on growth and replenishing depleting #reserves. #Shareholders, weary of value destruction from aggressive M&A, are demanding better returns and accountability. How can gold companies navigate this critical juncture? Discover the strategic options for achieving sustainable growth in this insightful article. https://lnkd.in/gf_DnKkn #LMG #LincolnGold #LincolnGoldMining #Mining #MiningIndustry #GoldMining #Investing #Investment #Investors #USA #Canada #GrowthStrategies

Deciphering Distinctions of Navigating Gold ETFs vs. Gold Stocks for Optimal Future Investments with Quaneqo Group Gold Exchange-Traded Funds (ETFs) and Gold Stocks represent distinct investment avenues. Gold ETFs offer direct ownership of physical gold, providing investors exposure to gold prices. In contrast, Gold Stocks are shares in gold mining companies, offering indirect exposure to gold through equity ownership. The choice between Gold ETFs and Gold Stocks depends on individual preferences and investment goals. Gold ETFs are favored for their simplicity and direct correlation to gold prices, while Gold Stocks may attract those seeking potential capital appreciation through the performance of gold mining companies. At Quaneqo Group, we advocate for a careful consideration of risk tolerance, an extension of investment horizon, and a comprehensive evaluation of market outlook to facilitate informed decision-making. Our approach aims to align with your needs, fostering a sense of security and confidence in your chosen investment strategy.  #investing #SustainableInvesting #InvestmentOpportunity #investments #Sustainability #investment #goldinvestment #gold #goldinvest #GoldInvestment #goldinvestments #goldinvesting 

Investing in Gold: Understanding the Difference! When diving into direct commodities like gold, remember this key distinction: they won't pay dividends like traditional shares. In the New Zealand share market, dividends are a common perk — companies often share their profits with shareholders, boosting cash flow.  However, commodities like gold operate differently. But fear not! There are alternative ways to tap into gold's potential: 1️⃣ ETFs (Exchange-Traded Funds): Gain exposure to gold through ETFs. 2️⃣ Mining Companies: Invest in mining companies involved in gold production, providing indirect exposure to gold's performance. Understanding these nuances is key to crafting a well-rounded investment strategy. Explore your options wisely. #GoldInvesting #DividendVsCommodity #ETFs #MiningCompanies #InvestmentTips #FinancialEducation #shorts

“Tianqi Lithium Corp.’s stock price jumped last week, but the company’s sales and outlook remain under a shadow due to falling prices of the metal and its troubled investment in a Chilean miner. Tianqi’s Hong Kong-listed shares climbed 7% on Friday while its Shenzhen-listed shares rose 6%. Both also rose during trading on Monday before closing flat. The Friday jump followed Tianqi’s announcement that it expects to report a net loss of between 320 million yuan ($44.9 million) and 640 million yuan for the third quarter of this year. That’s as much as 75.6% narrower than the 1.31 billion yuan net loss that the producer of the key battery raw material booked in the second quarter. Still, it marks a stark reversal from the 1.64 billion yuan profit the company posted in last year’s third quarter. Tianqi attributed its latest quarterly losses to a sharp drop in lithium product prices and a loss in investment income from its almost one-quarter stake in Chilean lithium miner Sociedad Quimica y Minera de Chile SA (SQM).” “SQM has been embroiled in a tax dispute with the Chilean Internal Revenue Service. Tianqi is at risk of seeing its profits from SQM’s lithium business diluted as the Chilean government moves to take greater control of the country’s largest lithium reserve. In early September, Chile’s top court rejected Tianqi’s appeal to halt a planned partnership between SQM and state-owned Corporación Nacional del Cobre de Chile (Codelco). Under the partnership, a joint venture will be established to allow the Chilean government to receive a majority of the operating profits from new production after 2025. Tianqi had asked SQM to put the deal to a shareholder vote, but the Chilean company refused. Tianqi then made the same request to Chile’s Financial Market Commission, but it was also rejected. When investing in the mining industry, it is essential to have a good grasp of the target’s finances and operations, so you are not caught on the back foot when the unexpected happens.” “This according to senior M&A expert Fu Shengbin told Caixin. But that wasn’t Tianqi’s only mistake. Owning shares in a mining company typically gives a stakeholder the option to buy a portion of the operation’s output, but Tianqi failed to secure one in its negotiations with SQM. Many analysts have lowered their 2024 profit estimates for Tianqi. In addition, Tianqi’s shares in both Hong Kong and Shenzhen have plunged more than 30% this year. Minority shareholders have increasingly complained about the company’s performance. In an attempt to turn things around, Tianqi announced in mid-October a plan to grant nearly 460,000 restricted shares to 26 directors, senior management, and key personnel in core technical and business positions. The stock would be granted if they can hit certain performance targets, such as an 80% increase over this year in cumulative earnings before interest, taxes, depreciation and amortization over the next two years.”

Silver One Resources (TSXV:SVE), a microcap silver miner, closed an oversubscribed financing for a little more than C$5.9 million, making it an opportune time to consider what investors find so attractive about owning the stock, besides silver hitting a three-year high. #silverstocks #silvermining #juniormining #miningstocks #stockstowatch #stocksinfocus #juniorsilver

The disconnect between #gold prices & equities discussed by Stockhead below might also be due to there being so many #ASX #Au equities for investors to assess and evaluate Let Corporate Storytime make it easy for you 1. The undervalued Australian producer Alkane Resources Ltd #ALK - Underpromising and overdelivering from highly profitable gold mining at #Tomingley since 2014 with production growth on the horizon 2. The emerging Australian exploration story Great Boulder Resources #GBR - Uncovering a large, high grade shallow and previously unlined gold system at the Side Well Project on the edge of Meekatharra 3. The newest gold producer in Australia Brightstar Resources #BTR - Pouring gold from Selkirk and also a assessing development of combined resources at Laverton via 100% owned processing infrastructure 3. The African elephant Turaco Gold #TCG - Embarking on exploration across proven mineralised systems in #CoteDIvoire with a maiden MRE on the horizon to utilise 250,000m of historical drilling at the Afema Project 4. The leveraged junior wedged between Kalgoorlie infrastructure Cosmo Metals Ltd #CMO - Exploration on the doorstep of the 7moz Kanowna Belle mine just 13km from Kal at the Kanowna Gold Project Nicholas Earner Alex Rovira Andrew Paterson Justin Tremain James Merrillees https://lnkd.in/gRucA2ex

"For years BHP and Rio Tinto, the world’s two most valuable miners, moved in lockstep. During the 2000s the twin Anglo-Australian giants rose on the back of China’s demand for commodities, particularly iron ore. In 2007 they even explored a merger (regulators rebuffed the idea). Then, when the commodity supercycle crashed in 2015, both landed in investors’ bad books, and were forced to shed assets and pay down their debts. Now, as the pair look to make the most of the energy transition, they are placing diverging bets on the future." #miners #demand #merger #diverging https://lnkd.in/gscEyHNx

A copper shortage is on the horizon, according to industry insiders. Copper miners foresee a looming shortage, with industry leaders like Glencore warning of a significant deficit. BHP estimates a $250 billion investment requirement by 2030 to meet rising demand, yet only a fraction of new production has been sanctioned. As building new mines becomes costlier, companies are turning to mergers and acquisitions instead. Commodity prices aren't quite high enough to make new production worthwhile. What does the future hold for copper? Full article: https://shorturl.at/oDRV3 #mining #coppershortage #coppermarket #copper #coppermining #cleanenergy #miningnews