Ben was also on the MOM episode last night, where he sold XRF as his best pick for next year as a picks and shovels play in the current commodity cycle. That might have also got it on the radar of a few new investors.

Click here to watch Ben spruiking XRF on MoM.

And here's the link to the other fundies:

CHAPTER TIMESTAMPS

00:00:00 – Intro & Episode Overview

00:01:14 Rick Squire | Acorn Capital

00:05:37 Ben Richards | Seneca Financial

00:12:13 Warren Gilman | Queens Road Capital

00:19:52 Kingsley Jones | Jevons Global

00:27:03 Henry Ruehl | Sierra Morena Capital

00:34:50 Hedley Widdup | Lion Selection Group

00:40:12 Russell Delroy | Nero Resource Fund

00:53:09 John Forwood | Lowell Resources Fund

00:58:22 Chris Berry | House Mountain

01:02:56 Anthony Kavanagh | Chester Asset Management

01:09:17 Sam Berridge | Perennial Natural Resources Trust

01:15:09 Samuel Pelaez | Olive Resource Capital

01:18:30 Christopher Schmidt | Incomet Capital

That's part 1 (broadcast last night) - with Part 2 to be released this afternoon or this evening.

P.S. Addition: My vote for best dressed fund manager this year goes to Rusty Delroy of Nero Resource Fund (pictured below):

Seneca has been in the financial news media a lot of late, so no surprise this got pumped on the back of that positive view on XRF.

I was eyeing topping up too - oh well, there goes my holiday plan to get some more!

LOL. I may be prejudiced, but it's hard to trust your hard-earned to a guy who dresses like that (but maybe a good audited track record of returns will shut me up!)

The expression that popped into my head is Temu Kurt Cobain :)

10-Dec-2025: 9:41pm, tonight's MoM episode (Part 2 of Best Picks for 2026) not yet released - I just saw this on LinkedIn about Part 1:

Travis Ricciardo reposted this:

Money of Mine

26,408 followers

1 day ago • Visible to anyone on or off LinkedIn

30 of the sharpest resource investors on the planet sat down with us to predict the big market movers of 2026. 

Some of the calls are logical, some are leftfield, and a few might even move markets.

This is Part 1 of our annual Fund Manager Predictions series, where each investor answers the same four questions, rapid fire:

1. Highest conviction call for 2026

2. Most non-consensus prediction for 2026

3. Best performing commodity for 2026

4. Worst performing commodity for 2026

Part 1 featuring:

• Rick Squire, Acorn Capital Ltd
• Ben Richards, Seneca Financial Solutions
• Warren Gilman, Queen's Road Capital Investment Ltd.
• Kingsley J., Jevons Global Pty Ltd
• Henry Ruehl, Sierra Morena Capital
• Hedley Widdup, Lion Selection Group
• Russell Delroy, Nero Resource Fund
• John Forwood, Lowell Resources Funds Management
• Chris Berry, House Mountain
• Anthony Kavanagh, Chester Asset Management
• Sam Berridge, Perennial Partners
• Samuel Pelaez, MFin., CFA, Olive Resource Capital (TSXV: OC)
• Christopher Schmidt M.Sc., Incomet

YouTube → https://www.youtube.com/watch?v=6i-eq-eZ00Y

Spotify → https://open.spotify.com/episode/6mhnwAFA6vOkPlfPFdhDJu?si=AR47VbMFQLioUED0GjXOdQ&nd=1&dlsi=0fde65f237c44d76

It is a bit different, but I think I am more likely to view it the complete opposite way. i.e. he comes across as being transparent, not hiding anything. The ones in the suits that speak like they rehearsed the answers the night before worry me more!

I am pretty sure the Nero fund that he manages has a good long track record, so that is the main thing rather than our theories on correlations of fashions and alpha, ha!

I guess it is a bit subjective whether good coverage like this moves the market on any given day in a stock. I have seen quite a few occasions though when my sense is that a stock has traded higher purely because of some coverage on Livewire or the like.

I have always found it interesting if in such a situation that some similar style media appears to kick off a bullish run in a stock, do some of the fund managers involved in the associated media piece ponder selling into strength weeks or months later? I am certainly not having a crack Seneca or this example, especially because I don't follow this stock closely. I find it a bit of a grey area though. Even if a fund manager definitely is not selling any time soon a share price rise has the potential to determine performance fees at certain periods.

As I said I haven't followed the stock closely, but getting back to the first question in the thread, maybe we should think of today's big jump also in the context that it was only a week ago it closed at 1.98? So putting aside the livewire / money of mines coverage, it may have slumped too far in the last week on lowish volume? Maybe a fair bit comes down to coincidence also that both the media pieces came out just as the stock had fallen a lot the week prior. I am guessing Seneca could well have got the idea to discuss XRF perhaps a week ago anyway when the stock was nearly $2.

The change for this is nothing compared to the uptick in the price of Alvo minerals (ALV.ASX) following the MoM episode. Up approx. 55% in 2 days with no news after the podcast was released.

I have not done a deep dive in the company, but was more doing a bit of research into how prices behaved after episodes like this were released. Either way the fundie who recommended this would be laughing all the way to the bank.

Going on a podcast like that and tipping in his own words a stock with a market cap of around $10 million, well hopefully he's not actively trading it around and that the price rise doesn't have a major boost on a 6-month performance fee.

Money of Mine

26,435 followers

1 hour ago • Visible to anyone on or off LinkedIn

How is the smart money positioned for 2026? 30 of the sharpest resource investors on the planet make some big calls for the year ahead.

This is Part 2 of our annual Fund Manager Predictions series, where each investor answers the same four questions, rapid fire:

1. Highest conviction call for 2026

2. Most non-consensus prediction for 2026

3. Best performing commodity for 2026

4. Worst performing commodity for 2026

Part 2 featuring:

- David Sparks, First New York

- Chris Judd, Cerutty Macro Fund

- Warren Irwin, Rosseau Asset Management Ltd.

- Michael Teran, Blackwattle Investment Partners

- Sam Broom, Sprott

- Rodrigo Carvallo Illanes, CFA, BTG Pactual

- Robert Mullin, Marathon Resource Advisors

- Matthew Fist, Firetrail Investments

- Romano Salatenna, Katana Asset Management Ltd

- Peter Prendiville, Norfolk Capital Management

- YJ Lee, Arcane Capital

- George Cheveley, Ninety One

- Tom Solomon, Pala Investments

- Will Thomson, Massif Capital

- Emanuel Ajay Datt, Datt Capital

- David Franklyn | Argonaut Funds Management

YouTube → https://lnkd.in/gQZPaNiQ

Spotify → https://lnkd.in/gmiPRRc2

Source: https://www.linkedin.com/feed/update/activity:7405171778894856193/

CHAPTER TIMESTAMPS

• 00:00 Introduction
• 03:20 David Sparks | First New York
• 11:22 Chris Judd | Cerutty Macro Fund
• 15:51 Warren Irwin | Rosseau Asset Management
• 23:17 Michael Teran | Blackwattle Investment Partners
• 27:35 Sam Broom | Sprott
• 35:04 Rodrigo Carvallo | BTG Pactual – Fondo Litio+
• 40:11 Robert Mullin | Marathon Resource Advisors
• 45:55 Matthew Fist | Firetrail Investments
• 50:17 Romano Sala Tenna | Katana Asset Management
• 55:54 Peter Prendiville | Norfolk Capital
• 1:02:56 YJ Lee | Arcane Capital
• 1:08:27 George Cheveley | Ninety One
• 1:14:09 Tom Solomon | Pala Investments
• 1:23:57 Will Thomson | Massif Capital
• 1:26:56 Emanuel Datt | Datt Capital
• 1:34:43 David Franklyn | Argonaut Funds Management

Source: https://www.youtube.com/watch?v=g_OWFnGFC-w

Yes, I'm particularly ignorant in the Resources space due to my limited interest and exposure, but I hear from other reliable sources that he is a bit of a "legend", so I stand corrected on my first impressions based on his sartorial choices and appearances.