The USA appears to be in the hot seat right now for critical...

The USA appears to be in the hot seat right now for critical minerals particularly antimony, REE & gold.

Locally we had SX2 & LRV in the antimony space making headlines and delivering substantial growth for investors.

In the US space, its a different ball game. We have DTR being the most advanced, followed by RML - and most recently, LKY announced an oversubscribed placement with Tribeca Investment Partners becoming a cornerstone investor. They too appear to be following the same playbook appointing US advisors, with drilling approvals already in place and expected to begin in the coming month

Its a very exciting sector due to Donald Trump and the new US critical minerals strategy, deploying billions to fast track development & exploration, aswell as fast-tracking approvals

Game on.

Lets take a closer look at LKY's Mojave project
This company didn't just acquire the project today chasing the hype. They've actually been working on this project since 2023.
Today, they're at the right place at the right time - with 2 years worth of progress and ready to drill with full approvals in place

There is lots to like here



LKY's project is the closest to MP Minerals.
In fact, the El Campo prospect is actually within MP Minerals tenement




MP Minerals tried to dispute El Campo, however, BLM denied MP Minerals request, and have since reaffirmed and issued approval for LKY to drill it. Should LKY be successful, there is no doubt MP Minerals will be the first to knock on our door looking to buy us out



Here you can see the proximity of other projects to MP Minerals for comparison (noting that BMM has zero evidence of any form of mineralisation, which explains their valuation). So while it is true that these US based projects are hyped, investors are choosing which ones to back wisely, based on prospectivity





Here we can see why MP Minerals tried to contest El Campo. It has evidence of potential REE mineralisation, and is within MP Minerals boundaries






Here we can see why Tribeca Investment Partners have taken interest in LKY's Mojave project



















To summarize, i think LKY are in the right place at the right time with genuine prospectivity on multiple fronts, in and around MP Minerals. This is evident by the institutional investments piling in to the company.

LKY scaled back the placement by 57% - meaning there are many institutional investors that did not get the opportunity to buy as many shares as they'd hoped. This also signals confidence by the company, as other companies would have grabbed as much cash as they could.

When comparing to peers such as DTR and RML, LKY has lots of room for growth ahead of drilling in the September quarter

GL all