$0.024
Opened: 30-Oct-2025
Shares Held at Open: 11,853,770
Options Held at Open: 3,460,950
What does PFE do?
Pantera Lithium (ASX:PFE) owns US silver-antimony assets and shares in an unlisted US private lithium company:
Lithium in the USA - A$34M in stock of a private unlisted US lithium developer (EnergyX).
Silver-antimony in the USA - has the rights to explore ground which contains 18 historic mines in Arkansas that were previously mined for antimony and silver
What is the macro theme?
USA critical minerals projects are attracting attention and capital.
President Trump is now looking to adopt pandemic-era level urgency to boost critical minerals production in the US.
With Trump signing Executive Orders to encourage US domestic critical minerals production, fast track permitting and providing funding for mining projects private interest and capital has followed into the sector.
PFE has exposure to:
Our Big Bet for PFE
“PFE makes an economic discovery on its US silver-antimony projects and re-rates 1,000% from our Initial Entry Price OR its lithium exposure becomes liquid at values well above our Initial Entry Price”
NOTE: our “Big Bet” is what we HOPE the ultimate success scenario looks like for this particular Investment over the long term (3+ years). There is no guarantee that our Big Bet will ever come true. There is a lot of work to be done, many risks involved, including development risk, country risk and commodity price risk - just some of which we list in our PFE Investment Memo.
Success will require a significant amount of luck. Past performance is not an indicator of future performance.
Why did we invest in PFE?
PFE has US critical minerals projects prospective for antimony and silver.
PFE’s new US critical minerals projects are prospective for silver and antimony.
Antimony is on the US critical minerals list and silver recently made it onto the draft 2025 critical minerals list.
We are anticipating a big build up in USA domestic production for these critical minerals.
Historic mining activity BUT no modern exploration done on PFE’s new projects
PFE’s projects sit in a part of the USA which back in the late 1800s was an antimony mining district (alongside things like silver and copper).
The projects haven’t had any modern exploration done on them which is where we think the opportunity is for PFE.
PFE has acquired and sold assets in Arkansas, USA before
PFE has “been there and done that” in Arkansas, USA.
They have built local and state government connections, know the land leasing and exploration rules, built a land package through direct leasing of mineral rights and then developed and sold a project in a deal worth up to A$40M.
We are backing them to do it again with these new assets.
Capital is flowing into US critical materials macro thematic
We think PFE’s new assets in the US could attract increased capital flows.
We have seen this play out in other stocks where they list on the OTC, attract US attention and eventually capital.
One of the biggest US investment banks, JP Morgan, has also committed US$1.5 trillion for industries that are critical to the US national interest - including critical minerals.
(JP Morgan just did their first deal not too long ago - in antimony)
IF PFE attracts capital and re-rates to a valuation high enough it could acquire more advanced assets
IF PFE can attract enough capital with its current portfolio of assets, it can use its re-rated valuation to acquire more advanced assets.
We think it's the right time in the bull market cycle to get some exposure to exploration stocks
We think it's the right time to Invest in junior explorers with new assets.
We are seeing institutional capital finally coming back into the exploration sector after years of a capital drought.
We expect those capital inflows to increase the valuation of explorers with projects in the right commodities and the right parts of the world (like rare earths in the US).
Free kick on PFE’s lithium exposure that could re-rate in a strong lithium market
PFE has ~$34M in unlisted stock in private US lithium developer EnergyX.
IF the lithium macro improves and the US starts looking at lithium stocks again, anything can happen with PFE’s shareholding.
What do we expect PFE to deliver?
Objective #1: Target Generation on US critical minerals project
We want to see PFE sample, map and run geophysics on its US asset to identify drill targets.
Milestones
Mapping and sampling (soil and rock chips)
Geophysics
Drill targets confirmed
Objective #2: Drilling on PFE’s US critical minerals project
After PFE has identified priority drill targets, we want to see the company drill test the project.
Milestones
Drill permitting
Drilling
Drilling results
Objective #3: Macro objectives
We want to see PFE go after fast tracked permitting and non-dilutive funding opportunities that are available for US critical minerals projects.
Milestones
Fast-tracking permitting
Non-dilutive US critical minerals funding opportunity applications
Objective #4: (Bonus) US lithium investment progress
We want to see the value in PFE’s EnergyX shareholding get realised.
What could go wrong?
Exploration risk
There is no guarantee that PFE’s upcoming exploration is successful. PFE may fail to find economic silver-antimony resources in which case we would expect the share price to re-rate lower.
Commodity price risk
The performance of commodity stocks are often closely linked to the value of the underlying commodities they are seeking to extract. Should silver-antimony prices fall, this could hurt the PFE share price.
Permitting Risk
PFE will need to get permitting in order for its projects in the US. If this permit is delayed or rejected it may be a drag on the PFE share price.
Funding risk/dilution risk
As a pre-revenue small cap company, PFE is reliant on capital markets to advance its projects. If something negative happens at a macro or company level, PFE could struggle to access capital on favourable terms.
These capital raises may take place at a discount, and result in the issuance of new shares which incur dilution to existing shareholders.
Market risk
Broader market sentiment could deteriorate, and shares as an investment class trade lower, taking PFE’s share price with it. Alternatively, there could be further sector specific pain ahead where junior explorers suffer a lot more than the broader market.
Other risks
Like any small cap explorer, investing in PFE carries a high degree of risk.
The company’s newly acquired US silver-antimony projects in Arkansas are at an early stage with no modern exploration or defined resources. There is no certainty that exploration will lead to an economic discovery, or that mineralisation encountered historically will extend at depth or across the leases.
PFE’s exposure to EnergyX, a private US lithium developer, carries additional valuation risk. As the shares are unlisted and illiquid, their market value is uncertain and may fluctuate significantly depending on EnergyX’s progress, financing, or any potential listing event.
Operationally, PFE faces technical risks common to exploration, including sampling accuracy, geological uncertainty, and the potential that follow-up work fails to replicate historic grades.
Broader equity market downturns or a decline in risk appetite toward small caps could also weigh on PFE’s share price regardless of company performance.
Finally, the company’s strategy of leveraging its market valuation to pursue further acquisitions introduces M&A execution risk. Any overextension, mispricing, or difficulty in integrating new assets could impact future growth and shareholder value.
Investors should consider these risks carefully and seek professional advice tailored to their personal circumstances before investing.
What is our investment plan?
Our plan is to hold the majority of our position in PFE for a minimum of 12 months, which we hope is enough time to see PFE drill out its project (and hopefully make a discovery).
We have been holding PFE for over 3 years, and also want to see the outcome of their EnergyX holding.
We may look to sell up to 20% of our holding if the company delivers on one or more of our Investment Memo objectives and/or the share price materially re-rates in line with our minimum hold conditions.
Disclosure: Disclosure: S3 Consortium Pty Ltd (the Company) and Associated Entities own 11,853,770 PFE Shares and 3,460,950 PFE Options at the time of publishing this Investment memo. The Company has been engaged by PFE to share our commentary on the progress of our Investment in PFE over time. This information is general in nature about a speculative investment and does not constitute personal advice. It does not consider your objectives, financial situation, or needs.
Opened: 04-Mar-2024
Shares Held at Open: 9,916,667
What does PFE do?
Pantera Lithium (ASX: PFE) is a micro cap lithium brine exploration and development company which is operating in the Smackover Formation in South West Arkansas, USA.
The Smackover Formation is home to large lithium companies such as Standard Lithium, Albemarle as well as oil giant, Exxon Mobil - which are all investing large amounts of money, seeking to produce lithium from this area.
At the time of writing, PFE controls over 10,000 leased acres directly next door to Exxon’s Arkansas lithium brine project, and is aiming to expand this land holding quickly.
What is the macro theme?
Lithium is a critical material used in Electric Vehicle (EV) battery cathodes.
We believe battery metals are the most compelling investment theme of this decade. A lithium supply deficit is anticipated between 2024-2030.
Lithium rich brines and the complementary technology, Direct Lithium Extraction, are an emerging option for addressing this anticipated supply deficit.
In addition, we think that domestically sourced lithium will be a top priority for the US, in the wake of the US$370BN Inflation Reduction Act which creates strong incentives for critical minerals production.
Our Big Bet for PFE
“PFE makes an economic discovery on its US silver-antimony projects and re-rates 1,000% from our Initial Entry Price OR its lithium exposure becomes liquid at values well above our Initial Entry Price”
NOTE: our “Big Bet” is what we HOPE the ultimate success scenario looks like for this particular Investment over the long term (3+ years). There is no guarantee that our Big Bet will ever come true. There is a lot of work to be done, many risks involved, including development risk, country risk and commodity price risk - just some of which we list in our PFE Investment Memo.
Success will require a significant amount of luck. Past performance is not an indicator of future performance.
Why did we invest in PFE?
PFE right next door to $643BN Exxon
Exxon reportedly spent >US$100M acquiring its project and just started drilling its first well 6 weeks ago with a view of getting to first production by 2027.
Surrounded by (much) bigger players
PFE is also in the same neighborhood as $25BN Albemarle, $383M Standard Lithium, $790M Tetra Technologies.
Cheap re-entry into historical oil wells
PFE doesn't have to drill new wells, instead, it can just re-enter old oil and gas wells and extract lithium brines. This is cheaper to do than drilling whole new wells.
Direct Lithium Extraction (DLE) tech advancing
All over the world, DLE tech is progressing extremely quickly. PFE is in a unique position where it gets to benefit from the work and investment Exxon is doing next door - Exxon is working on DLE technology.
Supportive local government and regulations
We attended the inaugural Lithium Innovation Summit in Little Rock, Arkansas and saw firsthand how much the state wants to make lithium a key pillar of its economic agenda.
Federal government incentives
The US government is looking to incentivise critical minerals production inside the US. The $370BN IRA includes incentives that reward producers inside the US/friendly countries.
Arkansas already has a brine processing industry
Arkansas is a globally significant brine processing hub. Arkansas produces ~40% of the world’s bromines by extracting it from brines.
Small market cap of ~$11M
PFE’s market cap is well below its regional peers & has a lot of room for growth as it delivers catalysts at its project.
Fast mover into the Smackover
PFE’s ground was picked up BEFORE Exxon Mobil entered the Smackover Formation & put the region on the map as a US lithium hot spot.
Large JORC exploration target released
PFE’s exploration target is between 436,000 and 2,966,000 tonnes of Lithium Carbonate Equivalent (LCE) - big enough to host a resource the size of its neighbour Standard Lithium’s project.
We have had previous success with a DLE stock
We built our position in Vulcan Energy Resources in a down lithium market and then at its peak during the lithium bull market had a return from our Initial Entry Price of 5,420%.
PFE Strategic Advisor previously sold a project to Rio Tinto for US$825M
PFE recently appointed Tim Goldsmith as its strategic advisor. Tim sold the Rincon lithium brine assets to Rio Tinto for US$825M in March 2022.
What do we expect PFE to deliver?
Objective #1: Rapidly increase acreage in Smackover Formation
PFE, is aiming to rapidly grow its footprint in the Smackover Formation. This could make the company attractive to majors in the area or another company looking to gain exposure to the region. To do this PFE will need to continue leasing acreage quickly.
Milestones
10,000 acres leased
15,000 acres leased
20,000 acres leased
+25,000 acres leased
Objective #2: Convert exploration target into a maiden JORC resource
PFE has already defined a 436,000 to 2,966,000 tonnes of Lithium Carbonate Equivalent (LCE) exploration target. We want to see PFE convert that into a maiden JORC resource estimate.
Milestones
Release an exploration target
Acquire existing 2D seismic/geophysical data
Re-enter old oil and gas wells
Sample the wells for lithium brines
Maiden JORC resource estimate
Drill new well
Results from new well drilled
Objective #3: Secure brine samples for further analysis and pilot plant DLE testing
We want to see PFE secure a brine sample to test in a DLE pilot plant to see if the brines on the company’s acreage are amenable to producing lithium (i.e they have a high concentration of lithium and/or low levels of contaminants).
Milestones
Secure brine sample
Analyse sample
DLE pilot plant testing
What could go wrong?
Leasing risk
There is a chance that PFE is not able to lease acreage quick enough or securing further mineral rights in the Smackover Formation proves to be more difficult than expected. This could be due to increased competition from other companies fighting to get a hold of acreage.
Alternatively, the exclusive agreement with the abstract provider expires before enough acreage is leased.
Exploration risk
PFE has said it intends to secure a lithium brine sample on the company’s acreage - there is no guarantee that lithium bearing brines are found or the brines are of economic concentrations.
Alternatively, if brines are found, they could contain contaminants that reduce or eliminate the value of PFE’s brines.
Funding risk
PFE held $1.8M in cash at the end of 2023. PFE is a micro cap stock and will need to raise more capital to continue expanding its foothold in the Smackover Formation. Capital raises can lead to dilution and may take place at a discount to market prices, reducing the value of PFE shares.
Technology risk
PFE is relying on Direct Lithium Extraction (DLE) technology to be proven viable and then being capable of producing lithium from PFE’s brines. There is no guarantee that a DLE tech will be advanced enough to effectively extract lithium from PFE’s brines.
Commodity price risk
Lithium prices have pulled back relatively strongly recently and that is impacting investor interest in small cap lithium companies. There is a chance the lithium price stays low for an extended period of time which would impact PFE’s share price negatively.
Market risk
There is always the possibility that broader market sentiment gets worse and shares as a whole trade lower, taking PFE’s share price with it. Alternatively, there could be further sector specific pain ahead where junior explorers suffer a lot more than the broader market.
What is our investment plan?
We will apply our standard plan for early stage exploration Investments.
We invest early, hold on to our position in anticipation of a major catalyst and Top Slice/Free Carry ~20% of our position.
For PFE, the major catalyst is likely to be more land acquired or the results of the brine sampling for DLE.
Disclosure: Disclosure: S3 Consortium Pty Ltd (the Company) and Associated Entities own 9,916,667 PFE shares, 2,994,167 PFE options. The Company has been engaged by PFE to share our commentary on the progress of our Investment in PFE over time.
Opened: 23-Feb-2022
Closed: 04-Mar-2024
Shares Held at Open: 2,467,000
Shares Held at Close: 9,916,667
Reason Memo Closed: New Project Acquired
What does PFE do?
Pantera Minerals (ASX:PFE) is an early stage minerals exploration company based in Western Australia. PFE has a diverse suite of commodities within its tenements, including Iron-Ore, Lead, Zinc, Silver, Copper and Manganese.
What is the macro theme?
PFE is an exposure to what we believe will be a coming commodity super-cycle leading to sustained high prices across several commodities. With the US & the EU looking to increase fiscal stimulus to spur economic growth, we think decades of under-investment in new mines will lead to higher demand and therefore higher commodity prices.
In particular, iron ore - the primary raw-material for steel - will benefit the most from increased construction and infrastructure activity, which are almost guaranteed through new stimulus programs across many nations worldwide. However, it is the higher grade iron ore that will be even more desired as steel producing nations (in particular China) also look to mitigate greenhouse and environmental issues caused by using lower grade materials.
[Memo Assessment - 04-Mar-2024]: Sentiment = Weak
Rising interest rates have impacted construction activity worldwide. As a result the iron ore price has cooled from ~US$150 per tonne when we launched our PFE Investment Memo to now trade at ~US$109 per tonne.
Our Big Bet for PFE
“PFE makes an economic discovery on its US silver-antimony projects and re-rates 1,000% from our Initial Entry Price OR its lithium exposure becomes liquid at values well above our Initial Entry Price”
NOTE: our “Big Bet” is what we HOPE the ultimate success scenario looks like for this particular Investment over the long term (3+ years). There is no guarantee that our Big Bet will ever come true. There is a lot of work to be done, many risks involved, including development risk, country risk and commodity price risk - just some of which we list in our PFE Investment Memo.
Success will require a significant amount of luck. Past performance is not an indicator of future performance.
Why did we invest in PFE?
Nearology
PFE’s Yampi project sits right next door to Australia’s highest grade iron ore operation, Koolan Island (owned by $503M capped Mount Gibson) & all of its deep water port infrastructure. In December 2021 PFE acquired a lead/silver project with nearology to Galena Mining’s Abra project, a globally significant lead/zinc/silver mine currently in development.
[Memo Assessment - 04-Mar-2024]: Grade = F
Whilst the nearology looked good, and despite some exploration by PFE, to date no economic discovery has been madea at Yampi or Abra.
Takeover target if a commercial discovery is mad
Any successful discovery made by PFE would make it the ideal takeover target for nearby producers who may seek bolt-on acquisitions to their assets.
[Memo Assessment - 04-Mar-2024]: Grade = N/A
PFE did not make a discovery big enough to capture the interest of any nearby producers.
Tight capital structure and low EV
Relatively low Enterprise Value with a large portion of the stock in escrow (majority of our holding is escrowed for 2 years) means that exploration success is likely to lead to strong market re-rating.
[Memo Assessment - 04-Mar-2024]: Grade = B
On IPO the PFE share price moved from 20 cents to a high of ~53 cents before settling around the ~30 cent mark for the remainder of the iron ore drilling campaign.
Poor drilling results, and a lack of material results on any other project has seen PFE’s share price fall to as low as 5 cents.
Although our theory was correct initially, that PFE was a tightly held stock, the company did not have exploration success and a sustained market re-rate never eventuated.
What do we expect PFE to deliver?
Objective #1: Drilling of the Flagship Yampi Iron Ore project.
[Memo Assessment - 04-Mar-2024]: Grade = F
Analysis of results from 60 half core samples from 3 diamond drill holes in 2022 returned only modest grades and widths of hematite (iron ore).
Also due to inclement weather, only 3 of 5 planned holes were drilled.
This was disappointing, as our initial interest in investing in PFE was the hematite potential at Yampi.
[Published 22, June 2022.]
Objective #2: Drilling of the newly acquired Lead/Silver project.
VTEM surveying leading-up to diamond drilling in Q2-22.
[Memo Assessment - 04-Mar-2024]: Grade = C
[November 2022] Although PFE did identify two targets worthy of drilling - with overlapping VTEM and gravity anomalies - no economic mineralisation was intercepted from 4 diamond drill holes.
We grade this objective as a C given the exploration program was done on time and on budget, but can’t grade any higher than this given no economic mineralisation was found.
Objective #3: Drilling at PFE’s Manganese project.
Geochemical sampling program leading up to RC Drilling in Q2-22.
[Memo Assessment - 04-Mar-2024]: Grade = B
PFE found some medium grade manganese at its Weelarrana project from one of four key areas of interest.
This first drilling was in line with our “Base Case” expectations.
While PFE was drilling, its regional neighbour Element 25 signed an offtake and investment agreement with Stellantis - highlighting the interest for manganese in the region.
PFE consolidated its land position in the area and went for a second round of drilling.
This second round of drilling however did not show that the first area of interest materially extended at a high-grade.
We graded this one a B due to the success of the first round of drilling, but couldn’t grade any higher due to the lack of scope for the project.
What could go wrong?
Regulatory Risk
As with all other junior exploration companies there is a risk with ELA's that the necessary approvals/agreements like land-access, heritage & native title agreements are not reached and permits can go un-granted.
[Memo Assessment - 04-Mar-2024]: Risk = Unchanged
PFE’s drilling programs were largely unaffected by issues with land access, native title or heritage surveys.
Exploration Risk
PFE’s projects are relatively early stage exploration assets and the company is still refining high-priority drill targets. With early stage explorers there is a risk that the targets identified return no mineralisation.
[Memo Assessment - 04-Mar-2024]: Risk = Materialised
On all three of PFE’s projects, none of them returned economic mineralisation.
Funding Risk
As a junior explorer with early stage projects, the company does not have revenues, meaning it needs to be able to tap the markets for funding in-between major exploration programs. Markets may lose momentum and funding for early stage higher risk exploration like this could dry up.
[Memo Assessment - 04-Mar-2024]: Risk = Materialised
We first invested in PFE at the IPO price of 20 cents in August 2021. Since then, it has become harder for small cap companies to raise capital with PFE raising $2M at a 7 cent down round and again $2M at a 5 cent round.
What is our investment plan?
Our investment strategy for our exploration investments is to take a position during the quiet periods before speculation around drilling results. This is when we typically see share prices run upwards - at this stage we aim to take some profit and possibly free carry, holding the rest of the position into the drilling results.
Our original plan for PFE was to sell 20% prior to the first results IF the share price ran, BUT after the heat came out of the iron ore market, PFE share price didn’t really move as much as we had hoped, so we ended up holding nearly all of (~94%).
Our revised investment plan for PFE is to hold onto 94% of our position into the assay results from the first drilling program at the iron ore project, we will reassess completing the top slice (i.e. taking some profits) going into potential step-out/extensional drilling in 2022.
[Memo Assessment - 04-Mar-2024]: Grade = F
The assay results of the first drill program showed now economic mineralisation.
On reflection, we should have stuck to our original investment plan and sold ~20% of our holdings to de-risk against this eventuality.
The company has fallen ~75% since our Initial Entry Price and we are still holding on to 94% of our original position.
Disclosure: The authors of this article and owners of Next Investors, S3 Consortium Pty Ltd, and associated entities, own 2,467,000 PFE shares at the time of writing this investment memo. S3 Consortium Pty Ltd has been engaged by PFE to share our commentary on the progress of our investment in PFE over time.
Today should be interesting….
Dec 1, 2025
Dec 1, 2025 |
18 min
Today will be the first time that ASX listed silver stocks get a chance to react to the ~6% surge in silver on Friday night. (would that wretched weekend never end?) The silver price closed at the highest it has EVER been in its history.
PFE: Announces new USA land package with 18 historic antimony and silver mines…
Oct 30, 2025
Oct 30, 2025 |
18 min
Our exploration Investment Pantera Lithium (ASX: PFE) just added a US silver-antimony asset to its Portfolio - containing 18 historic mines. Today’s news comes just a few weeks after PFE closed the $40M sale of the US lithium assets to EnergyX. The lithium assets it had acquired and been developing since 2023…. also in Arkansas (more on this in a bit). Today PFE is capped at $13.8M - well below the headline deal value after the lithium sale.
$5.7M capped PFE cuts $40M deal for its US assets: start of a bidding war?
Jul 9, 2025
Jul 9, 2025 |
12 min
The starter’s gun has been fired… Will today's binding sale agreement flush out interest from bigger neighbours? $5.7M capped Pantera Lithium (ASX: PFE) has just signed a binding deal to sell its US lithium brine assets in the Smackover Basin for A$40M.
State of Arkansas to remove sales tax on lithium? $6M capped PFE the only ASX listed player, surrounded by giants
Apr 10, 2025
Apr 10, 2025 |
13 min
The USA lithium industry is mainly focussed on one part of the country - the Smackover region in the state of Arkansas. The Smackover is teeming with investments from global energy giants seeking to use Direct Lithium Extraction to produce the battery metal from its high grade lithium brines… We are Invested in the only micro cap ASX listed company with acreage in the Smackover in Arkansas - ~$6.6M capped Pantera Lithium (ASX: PFE).
PFE drilling has now commenced in Arkansas - 10 days of drilling with results in the next 6 weeks…
Nov 8, 2024
Nov 8, 2024 |
11 min
The USA needs a local supply of lithium - it doesn't want to depend on China. Our $9.5M capped Investment Pantera Minerals (ASX: PFE) has built a +26,000 acre land position in Arkansas… PFE has just started drilling to re-enter a historic oil and gas well and pull out a lithium brine sample.
PFE identifies 7 drill targets at US silver-antimony project
Nov 12, 2025
Nov 12, 2025 |
2 min
Our US critical minerals Investment Pantera Lithium (ASX: PFE) has just defined high-priority antimony-silver targets at its recently acquired project in Arkansas.
PFE’s unlisted US lithium shares worth more now?
Nov 5, 2025
Nov 5, 2025 |
2 min
Our US critical minerals Investment Pantera Lithium (ASX: PFE) has just provided an update on the value of its recent US lithium asset sale to US based EnergyX.
PFE Closes $40M Project Sale to EnergyX
Oct 2, 2025
Oct 2, 2025 |
2 min
Our US lithium Investment Pantera Lithium (ASX: PFE) has just completed the sale of its US lithium asset to US based EnergyX.
PFE to complete US lithium deal in October - what comes next?
Sep 16, 2025
Sep 16, 2025 |
45.5 seconds
Our US lithium Investment Pantera Lithium (ASX: PFE) has just provided a progress update on the sale of its US lithium asset to US based EnergyX.
PFE adds A$400BN Chevron to its list of supermajor neighbours in the Smackover
Jun 18, 2025
Jun 18, 2025 |
1 min
Another oil and gas supermajor just entered the Smackover region in Arkansas, USA… … Next door to our Investment $6M capped Pantera Lithium (ASX: PFE). A$400BN Chevron is the third supermajor to pick up ground in the region following in $120BN Equinor and $757BN Exxon Mobil. One thing we noticed in the Chevron announcement was that the acreage position was for ~125,000 net acres split across South West Arkansas and North East Texas.
Silver Breakout Sparking Early Santa Rally?
Nov 29, 2025
Nov 29, 2025 |
7 min
Last weekend we predicted an unlikely “Santa rally” into the Christmas break… (unlikely at the time off the back of a horror Friday that had rattled confidence and with only a few weeks left to go…) And during THIS week our lord and saviour Santa Claus came early and delivered what could be the start of this “santa rally” that nobody was expecting. Santa’s sack was bulging with positive sentiment in global markets that flowed into ASX small caps…
Sunday Edition: 23rd November
Nov 23, 2025
Nov 23, 2025 |
14 min
Only a few weeks til Christmas now. What might it take for a Santa rally to happen this year? (A Christmas miracle after Friday’s broad sell off? At least global markets bounced back on Friday night promising a positive Monday on the ASX) Below is a summary and links for everything else we wrote about last week, along with some other interesting content we found in relation to our Portfolio.
Sunday Edition: 16th November
Nov 16, 2025
Nov 16, 2025 |
18 min
Yesterday we wrote about what the future of war will look like… And the critical minerals needed by countries to quickly build the biggest armies of autonomous robot war dogs and war drones, with the best AI. Our Investment Island Pharmaceuticals (ASX:ILA)’s drug Galidesivir has the potential to defend against bioweapons. ILA says they are coming out of trading halt tomorrow (Monday) morning “pending an announcement by Island Pharmaceuticals regarding US Food & Drug Administration feedback on Galidesivir program”
The Rollercoaster in Silver and the Rapid Rise of AI-Driven Defence
Nov 15, 2025
Nov 15, 2025 |
6 min
The original plan for today was a little “self pat on the back” about the silver price roaring up 9% for the week and getting back to the highest it’s ever been… And maybe a quick revisit of our silver thesis and silver stocks. Then we woke up to silver being down by 3.3% for the day. But instead, today we are going to write about emotions and autonomous AI robot war dogs
Sunday Edition: 9th November
Nov 9, 2025
Nov 9, 2025 |
17 min
Happy Sunday… Below is a summary and links for everything we wrote about last week, along with some other interesting content we found in relation to our Portfolio. We have been talking a lot about the accelerating race between the US and China to be the leading global superpower… … and how the winner in technology, AI and the mass manufacturing of autonomous AI war robots and drones will ultimately be the new global power.
