Why these 2 miners led the bloodbath

We go to the Murchison first today, unpacking Ramelius’ updated mine plan for Mt Magnet, which the market didn’t take kindly to.

Then we ventured to the DRC to discuss the wild move in the world of cobalt, as well as the potential listing of a cobalt holding vehicle, like SPUT in uranium.

Lastly, we dove into concerning news regarding royalty rates in Indonesia, which lead to big sell downs in exposed companies like Nickel Industries.

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(0:00:00)Introduction

(0:00:00)A bloodbath in markets

(0:01:18)Why did the market hate RMS' new plan?

(0:16:15)Can the DRC move cobalt higher

(0:27:50)Will CUT be the new SPUT?

(0:31:50)Nickel Industries cops heavy sell down

(0:34:50)Thoughts on governments changing royalties