The Fox
Regular
Third times a charm apparently, I’m getting real sick of putting on my best party dress and the limo never turns up.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Frank
Top 20
*Ditto Daz, as
New World Metals conference opens national roadshow in Perth as huge demand for metals continues to spike
- First New World Metals roadshow series underway with Perth conference
- Ballooning demand for key metals expected, according to Argonaut’s Eddie Rigg
- Lithium play PLS outshines entire ASX gold sector less Newcrest in June quarter
An apt synergy between event and subject matter, Vertical Events RIU’s esteemed New World Metals conference hits the road for the first time in 2022 – with its expansion mirroring the world’s growing appetite for the metals of the future.
The New World Metals Investment Series, as it is now known, opened in Perth’s Hyatt Regency this morning to a packed room of investors, company representatives, media and delegates looking to tap the potential of the electric age.
That potential is huge, according to keynote speaker and Argonaut executive chairman Eddie Rigg.
Rigg said while fossil fuels had dominated the high performing stock landscape in 2022 out of necessity – people need to keep their lights on – the long-term potential of the commodities in focus at New World was on another level.
“We all understand the metal intensity going into energy delivery in the new age is very different,” he said.
“We’re seeing situations where there’s nine times more minerals required to do a wind farm than there is to do an equivalent gas-fired power station.
“Just in cars, it’s really simple, in cars – you have to use three times more copper in an EV than you would have to in an internal combustion engine car.”
Argonaut’s figures, sourced from the International Energy Association’s The Role of Critical Metals in Clean Energy Transition report, highlight the opportunity for miners in EVs.
Compared with petrol cars, EVs require:
- 3x more copper
- 9x more lithium
- 40x more nickel
- 2x more manganese
- 13x more cobalt
- 66x more graphite
There’s also opportunity in supply diversification, with geopolitical tensions highlighting the risk posed by putting all your supply eggs in one economic powerhouse of a basket.
“On raw materials, there’s a real warning here in terms of security of demand and supply chain diversity,” Rigg said.
“It’s something you’re seeing out of countries like the US and in Europe – they’re very concerned that the supply of these energy transition minerals is much more concentrated than oil and gas is.
“People are always worried about oil and gas concentration, but it’s nothing like what the energy transition metal concentration is.”
Rigg pointed to WA lithium play Pilbara Minerals, which last quarter made more money than all ASX listed gold stocks combined outside of Newcrest, as an example of the sector’s immense potential.
Not a bad time to hold a future-focused conference, and the east coast will soon get its first taste of New World action as well.
Taking it national
In a move which could well mirror the Fremantle Dockers’ march towards a first AFL Premiership, Vertical will take this show on the road to Sydney’s Fullerton Hotel on September 20, and Melbourne’s Grand Hyatt on September 22.Unlike the Dockers, who will have to overcome a series of hurdles to make that dream a reality, New World’s roadshow is very much set and the team is raring to go.
“The future demand for base metals is really strong, Eddie’s point about Pilbara Minerals making more money last quarter than all the gold companies put together is extremely exciting,” Vertical Events business development manager Jaxon Crabb said.
“You look at all the components associated with future-facing metals – it includes rare earths, manganese, graphite, base metals – it’s a great opportunity across such a diverse range of commodities.
“At other moments in history, we’ve seen price rises contribute to commodity attractiveness. The gold price rise was good for gold. When iron ore went through the roof that was just iron ore.
“What we have here is a lot of commodities which stand to benefit.
“From a WA perspective, our great state has so many opportunities – you could almost build an electric car with all the minerals being West Australian.
“We’re up and about, it’s a great time for the New World Metals Investment Series.”
Companies presenting at the Perth leg of New World Metals 2022 include lithium plays such as Neometals, Galan Lithium, Infinity Lithium Corporation, Latin Resources and Green Technology Metals.
Rare earths explorers include RareX, ABx Group, PVW Resources and Meeka Metals, while Podium Minerals will speak on platinum group metals, Venture Metals on its tin interests and Azure Minerals on nickel.
Food for thought, nothing more
Frank
It's all cryptic! Other celebrities coming, all sorts of parties. Just tell us what you heard. I don't care if it's true anymore...I just need a little positivity!
Samus
Top 20
I'm thinking minimum 40b in two-three years time all going well. If you look at peers like CXO that's about what makes sense imo. Assuming at least 61% ownership.
MoneyBags1348
Top 20
Yes I agree it will be worth well north of $20 billion, I just try and temper my optimism, after all I thought I might have been moving into a mansion by now
MoneyBags1348
Top 20
I would like to see him here too JAG but I’m afraid no one can contact him, he doesn’t have a fixed address, someone saw him walking along the twitter highway with a wheelbarrow a day or two ago…. My biggest worry would be if he started hanging out with Cash and the Count
And Winenuts too for that matter
Azzler
Top 20
Appreciate whatever you've got to share/speculate The Fox.Third times a charm apparently, I’m getting real sick of putting on my best party dress and the limo never turns up.
Hey let me ask you a hypothetical question, just for fun.
If you were offered to place a bet on the Suspension being lifted on or before... say the 21st of this month,
lets say 2:1 payout, would you take that bet (just hypothetically) and if so, how much money would you bet?
I wouldn't mind hearing Obe Wan's thoughts on this bet too
JAG
Top 20
I think with our marketing we need to look at changing the LI 6.94 to something a little bit more committed
Like.......CONVICTION
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JAG
Top 20
Your on twitter apparently
.......send him a message
obe wan
Regular
donno, maybe 19thAppreciate whatever you've got to share/speculate The Fox.
Hey let me ask you a hypothetical question, just for fun.
If you were offered to place a bet on the Suspension being lifted on or before... say the 21st of this month,
lets say 2:1 payout, would you take that bet (just hypothetically) and if so, how much money would you bet?
I wouldn't mind hearing Obe Wan's thoughts on this bet too
MoneyBags1348
Top 20
Your on twitter apparently
The only twitter posts I read are yours, as you know this fucken forum is already one more than I want to be on, and as you also know…. it was easier for me to get permanently suspended from the crapper than from here, no matter how hard I’ve tried!!
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The Fox
Regular
I'd take the bet for sure, yes. How much? Hmmm... reminds me of a funny scene.Appreciate whatever you've got to share/speculate The Fox.
Hey let me ask you a hypothetical question, just for fun.
If you were offered to place a bet on the Suspension being lifted on or before... say the 21st of this month,
lets say 2:1 payout, would you take that bet (just hypothetically) and if so, how much money would you bet?
I wouldn't mind hearing Obe Wan's thoughts on this bet too
JAG
Top 20
We cant suspend you........
Azzler
Top 20
One of the most legendary movie of all time!I'd take the bet for sure, yes. How much? Hmmm... reminds me of a funny scene.
View attachment 16147
Heh but umm, so not too confident at all on that hypothetical bet eh?
The Fox
Regular
There's a few posters that believe it is highly likely the ML will come through late next week and trading shortly after, also AVZ to retain the northern section of the concession BTW.
I'd say this is the best estimate on timelines presently. Of course, we have had these expectations before and been disappointed due to various delays. Third times a charm they say. The Fox 
MoneyBags1348
Top 20
I notice you’re trying to steer the conversation around timelines without mentioning anything about pineapples but we all have good memories Mr Fox, and can you please tell your friend @JAG to stop making fun of me, I thought this was supposed to be a serious forumThere's a few posters that believe it is highly likely the ML will come through late next week and trading shortly after, also AVZ to retain the northern section of the concession BTW.
The Fox
Regular
JAG, please stop making fun of MulaBags.
Regarding steering conversations, just providing feedback on what has been a moving target, hopefully not for much longer, and phase two (detailed mine financing and construction) discussions can commence
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