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Coffee with Samso

Coffee with Samso is all about having that casual conversation that had lots of great information only because it was perfectly natural.  The episodes are all about business and investment concepts.

Set in a casual nature that allows participants to comfortably express their thoughts.

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  2. Venture Minerals Limited (ASX: VMS) - A Different Australian Rare Earth Story - The Jupiter Project.

Venture Minerals Limited (ASX: VMS) - A Different Australian Rare Earth Story - The Jupiter Project.

Dec 17, 2023

Coffee with Samso 192 has Andrew Radonjic talking Rare Earths at the Jupiter project.

Venture Minerals Limited (ASX: VMS) is now at the crossroads of emerging as a Rare Earth player in what is a complex and ultimately future-proofing sector. I labeled Venture Minerals as a Targeted Diversified Mineral Explorer in my very first interview with Andrew Radonjic, the Managing Director way back in October 2020, and this is another prime example of that business approach.

The rare earth sector has had a lot of attention in the last 24 months and like all commodities, it is going through turbulent times. Samso has had the greatest privilege to have interviewed many of these stories over time and I see Venture Minerals as an interesting change to the current scene

On the back of the recent announcement by Venture Minerals on the 29th of November 2023, entitled Jupiter Delivers over 7,000 ppm TREO assays from Maiden RC Drill Program, the company has raised additional funding to work on the project. In the current market, this is a strong vote of confidence for the potential of the Brothers REE project.

In this episode, Andrew Radonjic shares with us his thoughts on the project and a good insight into the facts of the recent drilling results. In combination with the historical exploration activities, the picture of why Venture Minerals feels this project will have a future is material for viewers.

Check out the conversation with Andrew Radonjic below:

Samso's Conclusion

As I have mentioned, we have had a good amount of content that is related to the rare earth sector, and my thoughts, which are consistent with most commentators, is that every REE project is unique. The key is what is at the bottom line of the project. Does it make money when the cookie crumbles?

The Jupiter target is a clay-hosted rare earth project and as Andrew mentioned, there has been little metallurgical work done but these days, we are very comfortable assuming that it is a typical clay-hosted ree system. I don't think that this is a unique clay-hosted system but what will make it different is the logistical and the potential grade and tonnage.

The other point of difference is a different social license. Most of the other projects have to deal with private landowners and the existence of the population. It may not be obvious now but I think in the long run, the bottom line will be noted.

This is not to say that the others will not make money. As I measure the landscape for this sector, the companies that are left standing in the long term will be big winners. Fresh investors with more money in the bank will go a long way to becoming a long-term player.

Chapters:

00:00 Start

00:20 Introduction

00:54 What is happening with the Jupiter REE Target?

03:56 Does alkaline intrusion play a part in Jupiter?

06:50 Progress on the drilling at Jupiter

14:11 What sets VMS apart from the others?

25:17 Comments for existing shareholders

29:37 Why did the recent new investors buy into the VSM Story?

30:57 News flow

33:34 Conclusion