About this episode
This week we’re joined by Michael Willoughby of Pacific One Capital for the wrap. With his unique experience, Willo is the perfect guest to break down the shifting trends in how miners are getting financed and the geopolitical moves reshaping the sector.We grade BHP’s attempt to offload Nickel West, WestAfrican’s Burkina challenge, the blistering multiple expansion of mining services stocks, the 20-year anniversary of Shovelanna, and the flood of capital raisings hitting the industry.We round it out with the best books, pods, and ideas on ourradar.Stocks covered: FMG, MIN, BHP, WAF, GNG, MAH, PRN, RIO, LYC, CYM, CXO, PEN…………… TIMESTAMPS (00:00) Preview and Pre Chat (03:33) Cost of Capital Conundrum (12:22) A Multipolar World (18:06) Capital Formation Implications (23:15) Financing Structures and Asian Markets (29:37) Geopolitics (35:24) Future of Metal Markets (41:13) Grade Control: BHP, WAF, Mining Services (54:36) Sweet Deal Sour Deal: CYM, LYC, CXO, PEN (01:00:01) Hidden Gems: Book and Podcast Recommendations …………… Join 14k+ subscribers to the ??????Director’s Special??????: one daily email with all the news that matters in mining …………… PARTNERS Thank you to the mining services businesses that make this content possible: ?????Axis Mineral Services????? – Crushing services for all requirements in mining, milling & civil applications | jason.orourke@axisminerals.com.au??????Sandvik Ground Support?????? – The only ground support you’ll ever need ????Africa Down Under???? – Get your tickets for Australia’s premier African-focused conference, running from Sept 3 – 5 ?????Focus by Marketech????? – All your mining news and market needs in one powerful platform | ?????10-day free trial????? …………… FOLLOW & CONNECT• YouTube: ??????@MoneyofMi
