Our guest today is David Finch, CEO of Ixios Asset Management. David recently shared a much-publicised tweet on the rules that the junior mining industry should abide by to help lift the sector out of its malaise. The post naturally clicked for us and was worthy of expanding on in greater detail.

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All information in this podcast is for education and entertainment purposes only and is of general nature only. The hosts of Money of Mine (MoM) are not financial professionals. MoM and our Contributors are not aware of your personal financial circumstances. Before making any investment decision, you should consult a licensed financial, legal or tax professional. MoM doesn’t operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given. MoM strive to ensure the accuracy of the information contained in this podcast but we don’t make any representation or warranty that it’s accurate or up to date. Any views expressed by the hosts of MoM are their opinion only and may contain forward looking statements that may not eventuate. MoM will not accept any liability whatsoever for any direct or indirect loss arising from any use of information in this podcast.

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Silverstone – Energy solutions for your business

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CRE Insurance – Insurance Brokers for the Construction, Resources and Energy sectors

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WA Water Bores – WA’s premier water well drilling company

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Brooks Airways – Perth’s leading charter flight operators

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K-Drill – Safe, reliable, and productive surface RC drilling

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(0:00:00)David Finch on Money of Mine

(0:07:03)Don't whine about naked short selling

(0:08:59)Don't issue paper at a 30% discount + warrants

(0:15:10)Don't issue yourself a big chunk of capital at 0.0001c

(0:16:53)You know the company will need more capital at some stage

(0:19:19)Don't put eight of your best golfing buddies on the board

(0:22:19)Don't jet round the world on the company dime

(0:24:28)Don't fill your desk with macro bullshit

(0:27:23)Don't have a slide comparing your company to others on market cap/oz

(0:28:52)Don't use phrases like 'bonanza grade'

(0:30:55)Spend at least 80% of the company's money advancing the project

(0:33:41)Make sure your business plan is adjusted to produce regular news flow

(0:35:48)Don't use gold loans, pre-pays, convertibles or royalties in a pre-rev company

(0:38:53)If there's bad news - be upfront

It’s name & shame time! We call out those companies who were a bit too lax in there quarterly reporting.

Then, a fascinating dive into manganese with Tony Gu of Datt Catipal, following the recent events at Groote Eylandt.

We then chat about the bit for Lithium Energy’s Solaroz, Northern Star’s Jundee performance, news out of Austral and a check-in on Wesfarmers Covalent Lithium.

Sign-up for the Director’s Special

All information in this podcast is for education and entertainment purposes only and is of general nature only. The hosts of Money of Mine (MoM) are not financial professionals. MoM and our Contributors are not aware of your personal financial circumstances. Before making any investment decision, you should consult a licensed financial, legal or tax professional. MoM doesn’t operate under an Australian financial services license and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given. MoM strive to ensure the accuracy of the information contained in this podcast but we don’t make any representation or warranty that it’s accurate or up to date. Any views expressed by the hosts of MoM are their opinion only and may contain forward looking statements that may not eventuate. MoM will not accept any liability whatsoever for any direct or indirect loss arising from any use of information in this podcast.

VRIFY – Communicate in 3D

grant@vrify.com

GetWet Solutions – Innovative bladder tanks for mobile water storage

Matt.hall@getwetsolutions.com.au

DSI Underground – Ground support gurus

https://www.dsiunderground.com/contact

Silverstone – Energy solutions for your business

kenny@sstone.com.au

CRE Insurance – Insurance Brokers for the Construction, Resources and Energy sectors

davidh@creinsurance.com.au

WA Water Bores – WA’s premier water well drilling company

James@wawaterbores.com.au

Brooks Airways – Perth’s leading charter flight operators

ops@brooksairways.com

K-Drill – Safe, reliable, and productive surface RC drilling

ryan@k-drill.com.au

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(0:00:00)Introduction

(0:01:14)It's name & shame time!

(0:09:17)A manganese special with Tony Gu

(0:39:12)LEL attract a bid for Solaroz

(0:45:38)Is NST's Jundee declining?

(0:47:30)Administrators called at Austral

(0:49:01)Covalent Lithium ramping up

We spoke about IGO’s numbers, Sandfire’s hiccup, Azure’s FIRB approval, activism at Karoon, Ravensthorpe shutting down, Tietto’s board changing their mind, MAC’s CSA opaque reporting, Cyprium trying to turn around Nifty and Aeris’ copper torque.

Sign-up for the Director’s Special

All information in this podcast is for education and entertainment purposes only and is of general nature only. The hosts of Money of Mine (MoM) are not financial professionals. MoM and our Contributors are not aware of your personal financial circumstances. Before making any investment decision, you should consult a licensed financial, legal or tax professional. MoM doesn’t operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given. MoM strive to ensure the accuracy of the information contained in this podcast but we don’t make any representation or warranty that it’s accurate or up to date. Any views expressed by the hosts of MoM are their opinion only and may contain forward looking statements that may not eventuate. MoM will not accept any liability whatsoever for any direct or indirect loss arising from any use of information in this podcast.

VRIFY – Communicate in 3D

grant@vrify.com

GetWet Solutions – Bladder tanks for mobile water storage

Matt.hall@getwetsolutions.com.au

DSI Underground – Ground support gurus

https://www.dsiunderground.com/contact

Silverstone – Energy solutions for Mining

kenny@sstone.com.au

Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + more

seamus@anytimees.com

WA Water Bores – WA’s premier water well drilling company

James@wawaterbores.com.au

Brooks Airways – Perth’s leading flight operator

ops@brooksairways.com

K-Drill – Exploration Drilling legends

ryan@k-drill.com.au

(0:00:00)Introduction

(0:01:38)Did IGO improve?

(0:07:15)Sandfire's paste problems

(0:08:27)Ravensthorpe Nickel shutting down

(0:10:26)Azure FIRB approval

(0:11:48)Tietto's change of heart

(0:15:07)Karoon activism

(0:20:43)MAC's opaque reporting

(0:32:08)Will Nifty work?

(0:39:14)Aeris - Copper torque