Gina’s Liontown Stake Climbs while MinRes Fill the Coffers

We had a big news day, though we were left with plenty of questions.   MinRes (MIN) announced plans for a US$850 debt offering to fill the coffers, whilst Gina’s stake of lithium developer Liontown (LTR) rose to 10.7%.   We had a yarn about the sorry stake of the zinc market resulting in the unfortunate decision some miners are having to make, putting their assets of care and maintenance.   Black Cat (BC8) revealed a funding plan for Paulsens restart while Strandline (STA) changed their leadership in an attempt to address their ramp up struggles.   Coronado (CRN) is now majority owned by a Czech billionaire and lastly Lindian (LIN) the rare earths developer announced and off-take agreement with a London based commodity trader.   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.   Thank you to our Podcast Partners:   Terra Capital – Specialist Investment manager in the natural resources sector   Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more   JP Search – Recruitment specialists for the financial world   K-Drill – Safe, reliable, and productive surface RC drilling   SMEC Power & Technology – Electrical specialists for the mining industry   Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group.   Subscribe to our weekly newsletter HOOTEROO HERALD   Follow Money of Mine on YouTube   Follow Money of Mine on Twitter   Follow Money of Mine on LinkedIn   Follow Money of Mine on Instagram   Timestamps: (0:00) Preview (0:28) Intro (3:24) Dividends being issued this week (3:54) MinRes fill up the war chest with US$850m (13:02) Gina inches up on Liontown’s register (19:01) Zinc miners having a tough time (25:04) Black Cat secures Paulsens funding (37:11) Strandline leadership shake up (39:44) 51%-stake in Coronado changes hands (42:05) Lindian locks in off-take agreement