Siebe Breed

⛏️ ⛰️ 🌍

[Siebe Breed @siebebreed]

@croninpd @Pete__Panda Don't worry Paul, nobody is forcing you to sell to European companies.
Australian companies can still sell their resources to China, those great defenders of free and fair trade.

For those that want to have additional options, selling to Europe has just become a bit easier.

[Siebe Breed @siebebreed]

@croninpd @Edark94 @HesperianMetals Not all parts of Spain are equal, when it comes to permitting. MATSA for their mining permit for Magdalena, in the Iberian Pyrite Belt, in record time
https://t.co/I7hx6Ovuoj

[Siebe Breed @siebebreed]

@JunCowan One example is Magdalena, 7 km E of Aguas Teñidas, which was discovered in 2013, and started producing in 2015. The ore is sent to the MATSA plant (now owned by Sandfire).

[Siebe Breed @siebebreed]

@Pete__Panda @LiesRebellion @thomasvanagt @Edark94 @latinmines @tom_woolrych Lithium is always right at the top, or rock bottom. Except for the years when it is on its way to the top or the bottom, because price moves start halfway through the year.

Spodumene prices have more than tripled since June 🤯

[Siebe Breed @siebebreed]

@YellowLabLife @TraderPamplona A long way of saying 'this time is different'. At least compared to the gold price rallies in recent decades, which were mostly driven by western investors.
Miners will follow the metal, this cycle may be much longer than others in recent history.

[Siebe Breed @siebebreed]

@YellowLabLife @TraderPamplona Gold is moving because large buyers that are not very sensitive to price are diversifying away from USD. This move really started after the SWIFT system was weaponized.
Trump's ongoing efforts to make US policy on many fronts unpredictable just increase the need to diversify.

[Siebe Breed @siebebreed]

@fabsbaker Instead they can really focus on exploration, without worrying about the next capital raise.

Expect more competent teams of geologists to follow their example, and turn their back on public markets. That will lead to even lower odds of a typical junior making a real discovery.

[Siebe Breed @siebebreed]

The typical funding model for exploration, with thousands of publicly traded juniors, most of which hardly spend money on actual exploration, or they just drill projects again that didn't work in previous cycles, we should not be surprised about the dismal discovery rates.

[Scott North @ScottNorth64736]

There’s been a quiet but large shift in exploration funding overnight��and, honestly, most people will miss why it matters.

Fabian Baker, Dave Fincham & Andrew Tunningley have just launched FrontierX®. It’s a private exploration company funded entirely by major mining companies. Not one. Multiple. And they’re not passive shareholders sitting on the register. They’re involved from day one as real partners.

That alone changes the game of the early stage exploration model. FrontierX® isn’t dealing with quarterly reporting cycles, market noise, or the constant pressure to “do something” on Hotcopper for a headline.

No rushed capital raises because the broker told you so. No twinning holes just to keep the market warm. It’s proper exploration, run at the right pace, with money allocated in stages and decisions made around geology, not optics.

The ownership structure is what really makes it work. The company is privately held by management. The partners fund the work at cost and take majority ownership of any discoveries. FrontierX keeps a royalty and can move on assets that don’t meet partner thresholds. It’s basically the opposite of the typical junior model, where incentives can drift toward share price management instead of finding something real.

And having more than one major backing the same exploration vehicle? That almost never happens. If it does, it’s usually a sign something structurally different is going on.

I’ve known Fabian for a long time. He gave me my first real shot in this industry, and I’m proud to call him a mate. What he’s building is the sort of thing everyone agrees the industry needs, but very few people actually try, because it’s hard and it only works if you’ve genuinely made discoveries before and have the capabilities the majors will support.

Most exploration companies are set up to raise money. FrontierX is set up to make discoveries. That’s the difference.

We talk a lot about the industry’s discovery problem. This is what a real attempt at solving it looks like. Aligned capital, no public market noise, and teams that can just get on with the job.

Congrats on the launch, guys, I'm very proud. Definitely one to watch. Make sure to check out there website https://t.co/OCzHL3Zbec

If you want more of my thoughts on the resource sector, you can sign up to my weekly newsletter here: https://t.co/QQH1qG0Ltt

[Siebe Breed @siebebreed]

@fabsbaker Why? Simple: they don't need to participate in the endless 'beauty contest' against thousands of other publicly traded juniors. They don't need to spend money on conferences, give free shares to newsletter writers or pay a large part of money that is raised to brokers.

[Siebe Breed @siebebreed]

The REE market is tiny and dominated by China.
On top of that, the bottleneck in the supply chain is not mining, but processing.
If you want to invest in REEs, avoid junior exploration companies
Instead, follow @Sustainabledud1
and read his substack, before buying any stock.

[🅿🅴🆃🅴 @Pete__Panda]

Roughly USD 5-10B market size in 2024;

- North American Avocado market 🥑
- "Plant-based" meat market 🥩
- REE market 🎰

[Siebe Breed @siebebreed]

@YellowLabLife @ZamLung Same!
Seems like a good time to be active in Argentina. Kevin Heather and John Black take a step back, but many people at the spinco have worked with them for many years.
Antares > Regulus > Aldebaran > this is the next one in the chain.
Onwards and upwards!

[Siebe Breed @siebebreed]

@jfostertm @BanyanGold @WhiteGoldCorp No idea about other Yukon companies.

Jarosite often occurs where pyrite undergoes oxidation.
In this area the chalcopyrite occurs together with arsenopyrite & pyrite, so it makes sense that there is a decent correlation between jarosite & metals at surface.

[Siebe Breed @siebebreed]

@TrentBuckle @Pete__Panda This and Silicon/Merlin

[Yellow Lab Life Capital @YellowLabLife]

This without a doubt is one of the best must watch mining podcast episodes in years

[Jawad Mian @jsmian]

Secular cycles in commodities and stocks tend to move in opposition. Commodities bottomed in 1999 just as stocks peaked in 2000. They peaked in 2011, just as equities entered a decade-long bull market.

Years of underinvestment in commodity production have left supply constrained. Capital discipline is still limiting the ability of producers to respond.

Meanwhile, the global energy transition is fuelling massive investment in infrastructure and driving demand for key raw materials. Geopolitical tensions and supply-chain realignment are reshaping global trade patterns, requiring more commodity-intensive capital spending.

Despite these tailwinds, sentiment remains bearish. Hedge funds were more pessimistic on commodities last summer than at any point in the last thirteen years.

[Hesperian Metals @HesperianMetals]

Both are former mines, with plenty of metal left in the ground.
We are working hard to help build back the supply chains that Europe needs for green energy, semiconductors and defense applications.

[Hesperian Metals @HesperianMetals]

The European Union has been taking numerous actions to build more independent supply chains. The article linked below clearly shows the reason why.
https://t.co/MVTBXhAzBv

[Siebe Breed @siebebreed]

@jsmian https://t.co/obyEzz1mkm

[Siebe Breed @siebebreed]

Whatever you may think of the actual REE (or other critical raw materials) potential of Ukraine...

Metals and mining are certainly becoming part of the conversation again, after China restricted exports of some metals in recent months.

[Jawad Mian @jsmian]

Historically, secular cycles in commodities and stocks tend to move in opposition. This is where things get interesting. Commodities bottomed in 1999, just as stocks peaked in 2000. They peaked in 2011, just as equities entered a decade-long bull market. Today, we may be witnessing another turning point.

[Hesperian Metals @HesperianMetals]

Are you looking for a great antimony or tungsten brownfields project that can be drilled soon, in a safe jurisdiction? Hesperian Metals is open to partnerships on our projects, which have a clear, short pathway to production (if drill results confirm the potential).