Bryah Resources: An Overview

• Ash Jones, CEO of Bryah  Resources, discusses the company's operations, asset portfolio, and market insights with Chris Titley of the Sub11 podcast.

Company and Operations

• Bryah  Resources is a small junior company with valuable assets, including a manganese JV with RMH Hollins and another JV with Australian Vanadium.
• They have a diverse portfolio of assets, including lithium, copper, and degreaser (high-risk, high-reward copper target).
• The company's operations are based in the Bryah Basin, known for its copper deposits, with Sandfire's DeGrussa as the biggest success story.
• The region is also prospective for manganese and gold, with the Fortnum Goldmine nearby.

Market Insights

• Manganese market was subdued but recently jumped from $2.80 to $5.60 due to a cyclone damaging South 32's Groote Eylandt deposit, affecting 25% of the world's manganese trade.
• Ash expects this high price to sustain for ~15 months, providing an opportunity for Bryah  Resources.
• The copper market is expected to grow due to electrification, with increased demand for electric engines requiring more copper.
• Studies suggest a need to double copper production in the next 30 years to achieve net zero, ensuring long-term demand.

Joint Ventures and Projects

• The Copper-Nickel-Gold Project with Australian Vanadium involves processing their tails to extract copper, nickel, and cobalt sulfides without mining or processing ore.
• Bryah  Resources focuses on adding value to its assets through exploration and monetization, with a proactive approach to capital allocation.

CEO Insights and Resilience

• Ash emphasizes the importance of technical expertise, exploration, and making their own luck through smart drilling with investor funds.
• He acknowledges the challenge of balancing market sentiment with personal beliefs, adapting messaging to align with shareholder expectations.
• Resilience in the mining industry requires the right personality, a combination of luck, timing, and taking action through exploration and drilling.

This content is factual information only, does not contain financial product advice and has not been prepared in consideration of your personal circumstances or needs. Views shared by individuals are their own personal views and not the views of Sub11. We are not licenced to provide financial product advice and cannot make investment recommendations to you. Investments carry risk. Please consider seeking professional financial advice, and read the relevant disclosure documents, before making any decisions to invest in financial products.