NEXT SMALL CAP

Today Alexium International (ASX:AJX) has released a set of numbers that in our opinion show that its commercialisation strategy is starting to deliver, and we believe it should continue to ramp up over the next few quarters.

It’s no secret that we have been eagerly looking forward to the IPO of Vulcan’s “Zero Carbon copper, nickel and cobalt” spin out company Kuniko (ASX:KNI) - today we add KNI to our portfolio.

Our 2020 Small Cap Pick of the Year Vulcan Energy (ASX:VUL) today appointed Europe’s biggest bank by assets BNP Paribas to help with its Bankable Feasibility Study and structuring project finance to build its Zero Carbon Lithium project.

Province Resources (ASX:PRL) has emerged from its “quiet execution phase” with a broad operational update on its ​​HyEnergy Zero Carbon Hydrogen™ Project this morning, and should also be supported by clean energy tailwinds in the mainstream media this week.

After 12 months in “quiet execution mode” our long term investment Alexium International (ASX:AJX) appears to finally be ready for a strong year of revenue growth, market expansion and news flow.

Our 2020 small cap Pick of the Year Vulcan Energy Resources (ASX:VUL) is no longer so small, and now looks set to get even bigger. VUL just announced that a 430 year old investment bank is going to list the company on the main German stock exchange, opening them up to huge amounts of new capital by providing access to German and European institutional investors.

Reporting back from the WA Green hydrogen conference panel, where Total Eren MD Kam Ho’s presentation last night

Pantera Minerals (ASX:PFE) is an early stage explorer about to drill for high grade iron ore right next to billion dollar iron ore producer Mt Gibson Iron (and all their infrastructure). PFE just listed on the ASX this morning after raising $7.0M at 20c. PFE has a market cap of $13.95M (at 20c, undiluted), with an enterprise value of ~ $6.95M.

Tomorrow the MD of Total Eren will be speaking at a WA Hydrogen Conference. What does this mean for our Small Cap Pick of the Year?

Our best performing investment Vulcan Energy Resources (ASX: VUL) today announced ANOTHER offtake agreement - the second in the space of 14 days… yes seriously.

Last week we wrote that we had increased our investment in Alexium International (ASX:AJX), buying shares on the market at around ~5.49c.

Today, Province Resources (ASX:PRL) ticked off one of our key expected milestones with another “dream team” board appointment in Roger Martin, previously chief of staff to the WA treasurer and VP of corporate affairs at Woodside - more on Roger below.

We recently bought more AJX shares on market at around ~5.49c after we saw a “change in substantial holder notice” announcing that private equity firm Colinton Capital was buying more AJX shares on market.

Vulcan Energy Resources (ASX:VUL) just announced a BINDING term sheet for an offtake with the LARGEST lithium ion battery producer for EV’s in the world - LG

Last night major automaker Stellantis announced they have “an Offtake MoU with a geothermal lithium partner in Europe” and also that manganese will be a key ingredient in their electric vehicle batteries.

TONIGHT At 11:30pm AEST new European car giant Stellantis is announcing its electrification strategy as a key enabler to sustain “clean, safe and affordable mobility”

In the last few days Andrew "Twiggy" Forrest's FMG Resources has put in applications on all of the land surrounding Province Resources (ASX:PRL) proposed green hydrogen project in the Shire of Carnarvon

As long term shareholders in Vulcan Energy Resources (ASX:VUL) we are pretty excited about news we read in the mainstream media over the weekend.