On the poddy today we interviewed Arjun Murti, a former head of energy research and partner at Goldman Sachs, who now publishes a Substack called Super-Spiked as well as working at energy research, strategy and investing group Veriten.

We covered plenty of ground, including Arjun’s guiding principle on meeting the worlds energy needs, each nation’s focus on energy independence, how cyclical businesses should be financed, the recent spate of M&A in the sector, the changing attitude of banks toward financing traditional energy as well as the attitudes from the investment community.

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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.

Thank you to our Partners:

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info@axisminetech.com – call Shaun Oehlman - +61457053260

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VRIFY – Communicate in 3D

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SMEC Power & Technology - Variable speed ventilation solutions and everything mining electrical

Marty Law - mjl@smelectrical.com.au - +61 439 917 192

DSI Underground – Ground support gurus

https://www.dsiunderground.com/contact

Silverstone – Energy solutions for your business

kenny@sstone.com.au

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(0:00:00)Intro

(0:01:22)Guiding principles for energy

(0:10:26)China's energy philosophy

(0:21:19)Sad story of Venezuela

(0:22:28)Energy financing

(0:27:26)Investment mandates

(0:34:54)Trading multiples

(0:39:19)AI

(0:43:58)US stigma for Nuclear

(0:50:28)Hydrogen

(0:54:28)Fortress balance sheet

(0:57:05)Bias in energy reporting

We’ve got 2 BIG stories to chat about.

Pilbara Minerals buying Latin Resources in an all-scrip deal AND Perseus making a move on Predictive Discovery.

Let’s go.

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.

Thank you to our Partners:

Axis Mining Technology - Drill hole survey instrumentation experts

info@axisminetech.com – call Shaun Oehlman - +61457053260

Mineral Mining Services – Your preferred mining contractor

enquiry@mineralms.com.au - 1300 546 117

VRIFY – Communicate in 3D

grant@vrify.com

SMEC Power & Technology - Variable speed ventilation solutions and everything mining electrical

Marty Law - mjl@smelectrical.com.au - +61 439 917 192

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 - +61 2 9493 6100

Greenlands Equipment – Turnkey mine water management

Caleb.M@greenlandsequipment.com.au - +61 447 178 806

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

drew@k-drill.com.au

We use SPARK - Market data for active ASX Traders - https://sparktrader.com

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(0:00:00)Introduction

(0:01:24)Pilbara Swing for Latin

(0:18:28)Is it a good deal?

(0:31:29)Why not PMET?

(0:37:16)Perseus make a move on Predictive

(0:52:36)The hilarious block trade execution of PDI

We’ve got a big deal to talk about, with Gold Fields (GFI.nyse) swinging for JV partner Osisko (OSK.to) in a C$2.16b deal.

We also touched on comments from Barrick boss Mark Bristow, as well as speculation that Albemarle might sell their Greenbushes stake, and a block trade that crossed in Genesis (GMD) stock.

Finally, we picked over news that Zambia has closed its boarder with the Congo.

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.

Thank you to our Partners:

Axis Mining Technology - Drill hole survey instrumentation experts

info@axisminetech.com – call Shaun Oehlman - +61457053260

Mineral Mining Services – Your preferred mining contractor

enquiry@mineralms.com.au - 1300 546 117

VRIFY – Communicate in 3D

grant@vrify.com

SMEC Power & Technology - Variable speed ventilation solutions and everything mining electrical

Marty Law - mjl@smelectrical.com.au - +61 439 917 192

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 - +61 2 9493 6100

Greenlands Equipment – Turnkey mine water management

Caleb.M@greenlandsequipment.com.au - +61 447 178 806

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

drew@k-drill.com.au

We use SPARK - Market data for active ASX Traders - https://sparktrader.com

Buy Money of Mine MERCH

Money of Mine on YouTube + Twitter

(0:00:00)Introduction

(0:02:29)Gold Fields swings for Osisko

(0:23:08)Life in Canadian miners

(0:30:39)Barrick boss talks down M&A

(0:32:58)Albemarle selling Greenbushes stake?

(0:40:08)Genesis block crosses

(0:42:37)Zambia shuts Congo boarder