What I have learnt from my time in the market is that most small producers actually fail and only the predators win
so4 and kll in potash space mbn nickel view resources gold in wa (navigator resources) altura lithium and a40 (bald hill lithium)
you do get some awesome deposits over the years such as extract resources, sandfire, Sirius and now chalice and degrey
I am hoping that brb deposit is replicated in the east as tom talks about in previous announcements
I have a feeling that manna resource is larger than ess and cxo combined and this is reinforced by the amount paid for 80% compared to say the ac8 deal of a small amount of cash … the 20mt milestone is also an indication of where the deposit is heading as management would make that goal very achievable imo
interest rates are on the way up this year and the biggest bubbles in history will likely burst …. Russia will potentially invade Ukraine in summer (to coincide with partners China invading Taiwan)
China will likely pick up cheap assets globally after this crash
BRB Price at posting:
25.0¢ Sentiment: None Disclosure: Held