Wise Owl

The neighbour of our mineral sands and garnet Investment, Heavy Minerals (ASX: HVY) is reportedly up for sale at a time when garnet demand is increasing and prices are rising.

An article in The Australian said “Investment bank Morgan Stanley is understood to have been hired for the sale of the $500m-odd industrial company GMA Garnet”.

Any potential sale price could be important for HVY.

Disc: 3,750,000 $HVY Share Held

HVY’s neighbour tipped for big sale The neighbour of mineral sands and garnet Investment, Heavy Minerals (ASX: HVY) is reportedly up for sale at a time when garnet demand is increasing and prices are rising.

This week the price surged higher than it has been in over a decade.

Our pick in the space. Okapi Resources (ASX:OKR) - explorer and developer. They have tech too 👀

3,133,352 OKR shares & 500,000 options held

OKR on the move as Uranium price hits highest in a decade This week the uranium price surged to the highest it has been in over a decade. Okapi Resource cornerstone stake in a uranium enrichment technology company uses a chemical process which could make uranium enrichment more efficient, safer and cheaper than other enrichment technologies.s (ASX: OKR)

Our Investment Heavy Minerals (ASX: HVY) announced the appointment of Aaron Williams as a non-executive director to the HVY board.

Disc: 3,750,000 HVY Shares Held

Why are we interested in garnet though? Read more:
https://nextinvestors.com/quick-takes/hvy-appoints-renowned-garnet-expert-to-board/

Evolution Energy Minerals (ASX:EV1) just signed a three part deal with the world’s biggest battery anode producer.

• $4.9M investment for 9.9% of EV1 ✅
• Binding offtake agreement ✅
• MoU for a downstream battery anode facility ✅

Disc: 3,125,000 $EV1 Shares Held

EV1 signs with world’s biggest anode producer - investment, offtake and MoU for downstream Our graphite Investment Evolution Energy Minerals (ASX: EV1) has just signed a three part deal with the world’s biggest battery anode producer.