Coffee with Samso Episode 170 is with Brett Hazelden, Managing Director and CEO of OD6 Metals Limited (ASX: OD6).   The space in the Rare Earth sector is maturing fast and the understanding of the sector is highly sought after by investors and companies. Brett Hazelden has again, given us a masterclass on all aspects of the Rare Earth Industry.   The Story of OD6 Metals Limited (ASX: OD6)   OD6 Metals is all about Rare Earths Elements (REE) in the southern region of Western Australia. It is located just north of the town of Esperance. As we were doing this Coffee with Samso, the market capitalisation of the company was around AUD26M and the share price was sitting around AUD 0.25.   The company is focusing on both the Grass Patch and Splinter Rock project which have both undergone drilling campaigns defining potential resources. The most recent announcements have highlighted the recent activities at both projects.       Figure 1: Project locations for OD6 Metals Limited. (source: OD6 Metals)   The Word According To Brett Hazelden   For those readers that have been following the Samso platform, you will know that the last two Coffee with Samso has been in this commodity space. The general specifications of the Rare Earth sector is fundamentally the same.   We all know what the metals do and why they are important. As I have said many times, the key to the Clay Rare Earth sector is all about how to solve the downstream processing. The unlocking of this will open a floodgate of opportunities for both investors and companies.   What are the Key Points of the Unlocking of the Downstream Process?   One of the benefits of talking to so many industry leaders is that I am learning all the recent technologies and thinking processes. What the small cap industry excels in is the ability to think fast and nimble to get the story on track.   In the world of Rare Earth, Clay Rare Earth deposits, there is such a thing called "Refractory" and "Free Leaching" deposits. When I heard that, I had a light bulb moment. My first thought was that companies with free leaching clay deposits will be first cap of the "unlocking" process.   As everything is so new, this is one way of prioritising which company or what to look for in "stories". There are many other factors but I guess this is a great way to understand what companies have in respect to the geology and the potential of future deposits.     Samso Conclusion   There is nothing new for OD6 Metals Limited. The path forward is to generate tonnage and grade while they are looking for the answer to the processing part of the equation. The unknown part of the equation is not about the ability to extract the Rare Earths from the clays, as Brett mentioned. The question is what is the process to do this with best practice environmental process that will pass the test of time and the ESG signoff.   The biggest asset that OD6 Metals (apart from the obvious) is that the adjacent assets owned by other companies in the region are also facing the same issue and have similar resources. The collective group is making this region a Rare Earth province.   I have mentioned previously that my thoughts are that the government conversations indicate to me, that there is a potential of creating a Rare Earth downstream industry in Australia. The current political rhetoric with the rising China Cold War stance may indeed force the Australian government to react and this would be a great occasion for all those involved in the Southern Region of Western Australia.     Chapters:   00:00 Start 00:20 Introduction 01:13 Who is OD6? 01:54 How has the Airborne Electromagnetic Survey (AEM) worked for OD6. 03:40 OD6 is more about Size rather than Depth. 04:36 How has your understanding changed? 07:41 Differences between Grass Patch and Splinter Rock. 10:50 Differentiating Refractory styles to Free Leaching Styles of the REE Clays. 14:25 Are the Chinese more Clay or Ionic styles? 19:00 Can Ionic clay be a major commodity Industry? 20:23 How much has the rare earth market changed? 22:15 How does the rare earth market situation translate to the equity market? 23:45 Why OD6? 26:39 Current market 27:53 Conclusion

Coffee with Samso Episode 168 with Brad Underwood, Executive Chair and Managing Director of Galileo Mining Limited (ASX: GAL) talks about the year of Callisto.   The discovery of the Callisto PGE system in Norseman, Western Australia has all but sealed the future paths of the company. Galileo Mining is now at the resource building stage and Brad is calling 2023 the Year of Callisto.   This episode is all about where Callisto is headed in the near future.   The Galileo story has always been about finding resources. It is a rare company in the small cap mineral resource company that is focused on finding a resource that is meaningful. As we know, the amount of work is directly related to what is in the bank account. Galileo has a lot of funds in their bank account.   The reason Galileo can sustain the continuous mineral exploration activities is due to the fact that the major shareholder is Mark Creasy. You would not take very long before your Google search will tell you the caliber of this shareholder.   Galileo will continue to drill and by all accounts from the recent drilling, the grades are looking to be getting better with depth. I has suspected that the early exploration results were indicating some trend towards the east, and it is nice to see that more drilling has shown this to be true.   Brad Underwood gives us a great review of the results and what investors should take away form the Coffee with Samso. The Callisto story is a classic successful mineral exploration story of perseverance, having the faith on the science and a great management team.   DYOR is the key here for investors and shareholders. I encourage viewers to reach out to Brad Underwood and get him to explain any questions you may have from the Coffee with Samso.   Get your favourite beverage and enjoy this episode of Coffee with Samso.   Chapters:   00:00 Start 00:20 Introduction 01:28 Brad Underwood introduce Galileo Mining Limited. 02:04 Is 2023 All about Callisto ? 03:33 Brad narrates the mineralisation at Callisto. 07:41 Is the grade increasing with Depth ? 09:21 Galileo is All In on Callisto. 11:08 Proving the geological model. 11:52 What is Callisto? 13:41 How much of Callisto is still not understood ? 15:41 Galileo is all about finding resources. 17:56 How is recent results adding to the value of Callisto ? 20:30 News Flow 22:17 How should Investors view Galileo Mining Limited now ? 24:18 Can Callisto get bigger? 25:34 Why buy Galileo Mining Limited? 26:36 The exciting part of the Galileo Mining Limited 26:59 Conclusion

Rooster Talk Episode 159 is with Barry Cahill, Executive Director of Cyprium Metals Limited (ASX:CYM)   In this episode with Cyprium Metals Limited we are talking about the recent announcement - USD35M Secured Offtake Prepayment Facility for Nifty Copper Project Restart - highlighting the prepayment of USD 35M which is basically the last piece of the puzzle that will hopefully bring about the start of copper plate production for shareholders of Cyprium Metals Limited.   Barry Cahill slowly detail the meaning of the announcement and take viewers through the myriad of steps that will trigger production of copper plates at the Nifty operations.   The Cyprium story is now taking shape with this announcement. As a shareholder, I feel that it will just be a matter of time before a re rating of the company will take place. Cyprium is all about the Oxides and Heap Leaching to extract the copper. There are many commentaries in the market place but they have focused on the old mishaps of Nifty.   Cyprium has made it simple. Mine the oxides only and worry about the sulphides later.   Get yourself comfortable and listen to Barry telling us the journey, good and bad, since we last spoke to him in March 2022.   Listen to previous conversations with Cyprium Metals Limited.   Chapters   00:00 Start 00:20 Introduction 01:09 All About The Secured Offtake Prepayment Facility 03:12 Is the Financing Done ? 05:34 What does the Facility mean for Cyprium ? 07:29 How should Investors Position with Cyprium Metals ? 09:43 Nifty - Positive and Negative. 10:13 The Negative Perception of Nifty. 11:26 Reasons why Australia is not good with Heap Leaching. 11:46 History of Nifty Production. 14:00 The Negativity around Nifty. 14:50 Nifty - The Cyprium Way - All About the Oxides. 20:41 Is the Nifty Oxide Heap Leaching all about Particle Size and Chemistry. 23:15 Any more Regulatory Boxes to Tick Off? 25:04 Has the Tiger been thrown out the Door? 25:32 Underestimated Value of Nifty. 26:57 Timing and News flow ? 28:07 Summary of the Finance Equation. 29:08 Conclusion

The nickel mining space is now gathering pace and this Coffee with Samso Episode 167 with Peter Harold, Managing Director and CEO of Poseidon Nickel Limited (ASX: POS), is all about the changing dynamics.   The Black Swan story stems from a long history of nickel prospecting and mining in the Kalgoorlie - Kambalda district. The company has gone trough great lengths to come up with Bankable Feasibility Study (BFS) which looks good.   Some people may say that the projections are not realistic but there I feel that the move to an EV world is the need to take quantum leaps in the mineral resource industry. The pricing of copper and nickel, which is principally the building blocks of industrialisation are now primed to move in a positive direction.   There are many commentaries out in the marketplace clearly showing that the apatite for a No Emission world is going to require magnitudes of mining activities. The increase is not going to be something that we have had in the past. This is a step move and the first companies that will take advantage, the first companies that will be rewarded are those closest to mining.   The boom bust cycle of commodity prices will continue but at a different level. Hence, companies like Poseidon are well placed. The BFS is robust and using spot price is a ingenious move as the market [perception is the nickel price is moving.   Peter is comfortably talking to us about all the ins and outs of the Poseidon story.   Check out the conversation in this Coffee with Samso and, as I always encourage, DYOR.   Chapters:   00:00 Start 00:20 Introduction 01:01 Why did Peter join Poseidon Nickel Limited? 01:56 The geology of the project - Epic Silver Swan Discovery 03:23 The projects of Poseidon Nickel Limited 05:17 Infrastructure of the project 07:06 Lake Johnston - Drilling Program and EIS grant 10:15 Bankable Feasibility Study 14:37 What are you going to do with the product? MOU with PBT 18:44 Global significance of nickel - Government support 25:37 ESG 27:20 Recent drilling 30:12 Comments on the share price - MST report 41:00 Poseidon Mythology - back in the days 47:14 Final comments 50:18 Conclusion

Coffee with Samso Episode 166 is with Mike Haynes, Managing Director and CEO of New World Resources Limited (ASX:NWC).   Just over 12 months ago, we had New World Resources Limited (ASX:NWC) with us talking about the Antler VMS project. This story has now moved onto the Scoping Study stage with a new resource.   Investors in the Australian Stock Exchange (ASX) are struggling to find a decent copper story. The last company that was not considered a major has now been taken over and that was Oz Minerals Limited (ASX: OZL). Oz Minerals was no minnow so there is a big gap in the market.   The next level brings Sandfire Resources Limited (ASX: SFR) into the discussion. Aeris Resources Limited (ASX: AIS) is another "small" copper producer on this scale. From here, the discussion pretty much ends.   Here lies the opportunity to look at companies that have a long life and the potential to make that dream come true. The New World Resources Limited story is a very convincing one as you watch and listen to Mike Haynes talk about the Scoping Study results.   As all investors have experienced, what is clearly oblivious becomes not so clear cut as time goes by. It is this reason that I encourage readers and viewers to DYOR and seek out Mike Haynes. Send him the questions.   As I am researching New World Resources, I am struck by the great numbers coming out of the Scoping Study. This episode of Coffee with Samso is all about why the Antler project is so unique in grade and resource.   Check out the Coffee with Samso with Mike Haynes from New World Resources Limited.       Chapters:   00:00 Start 00:20 Introduction 01:16 Recap of the Antler Copper Project 07:03 How is the geology? 09:17 Good grade numbers 11:31 Explaining the share price to investors 14:50 The high grade variation issue 16:43 Scoping Study results 17:58 How good is the Antler Copper project in terms of numbers? 24:54 Any potential hiccups? 26:46 How much movement will we see in the numbers? 30:13 Any concerns about future funding? 34:38 News flow 36:45 Why New World Resources Limited? 37:28 Conclusion

The Esperance region could be the "Pilbara" of Rare Earths and Coffee with Samso Episode 165 with Guy Le Page, Non-Executive Director of Mount Ridley Mines Limited (ASX: MRD), is all about the realisation of a Clay-Hosted Rare Earth Region.   The Rare Earth narrative is gaining pace. This is a great thing for the investors in this space but I feel that there is still no straight answer to what constitute a workable project. All the numbers are a blur and what is a number/grade that is a cause for celebrations. In addition, what is a good sized resource that will make a project economical.   The Mount Ridley REE project appears to have all the components that make a good resource project. The grade (according to current descriptions) is among the peers. The length of intercept in the current drilling looks acceptable, again, according to the comparisons from peer projects.   When I look at the current Clay REE story, as Guy Le page rightly points out, it is now all about metallurgy. The companies that are in the industry are trying to figure out how to treat the resources. The expertise that is in China has been a vacuum and that is not a good path for the Non-Chinese Rare Earth projects.   As you watch and listen to Guy Le Page narrate the path forward for the REE players, it is crystal clear that they must work our the chemistry side of the business. What is also abundantly clear to me is that the region, the Esperance region, is made for industry. Everything is set up for some industry to come along and make full use of the facilities.   In one of our discussions, Guy and I agreed that when the companies come up with a flow sheet that will drive the REE business. The business will have a very smooth transition as the Esperance township will embrace the opportunity with open arms.   Check out the conversation in this Coffee with Samso and as I always encourage, DYOR.   Chapters:   00:00 Start 00:20 Introduction 00:52 What is Mount Ridley all about? 02:20 A new province? 04:43 Can or will Australia be moving into an era of being a Rare Earths player? 06:07 Is it Clay harder than Hard Rock projects? 08:12 IS Rare Earths all about volume like the Coal story? 09:47 REO Type Breakdown 10:55 The Geopolitical Issue 14:59 MRD has bee Quiet achiever. 16:50 Thoughts on the market 17:59 News flow for the next 12 months 19:13 Why MRD? 20:02 Conclusion

Coffee with Samso Episode 164: Exploration work has begun at the Bangemall project and its starting to come up with very interesting results. Allan Kelly, Executive Chair of Miramar Resources Limited (ASX: M2R) narrates this story.   When we did the first episode of Coffee with Samso with Miramar Resources, I liked the Bangemall and Whaleshark projects. To me, these two had the potentially a big pay day if the results came good. The plan at that time was always to begin activities at these projects but the focus was at Gidji.   This episode of Coffee with Samso is all about the Bangemall. In some ways, the Bangemall is the western end and the Whaleshark project is the eastern end members of the Gascoyne/Ashburton complex, respectively. This region has been a neglected part of the Western Australian mineral exploration world till about 12 months ago.   The reason I was interested in these projects is that they lie in this mobile belts that have hosted many mineral deposits. For those people who have been following the Samso series of videos, you will have come across the many conversations about finding great deposits in regions once neglected.   The Bangemall and Whaleshark projects is another example. If you had watched the earlier conversations with Allan Kelly, you would have heard him talking about the reasons why he picked these projects.   The Bangemall Story - Miramar Resources Limited (ASX: M2R) - Coffee with Samso - Episode 146   The Whaleshark Project Story - A Discussion : Miramar Resources Ltd (ASX: M2R) - Rooster Talk   The recent market darling has been dealing with the discovery of Rare Earths in clays. I have made several comments about the need to differentiate, potential economic discoveries and a discovery. In the case of the guys in the Gascoyne-Ashburton region, they are looking for hard rock versions. They are looking for carbonatites or equivalents.   Companies have projects and they must choose the one that gives the company the greatest value. This is one of the best traits of good management. One should never fall in love with the projects. If there is a favorable outcome for the company, the strategy must allow for divestments.   Check out the episode and always, DYOR.