Forum Topics Antimony plays
edgescape
Added 3 months ago

The China export restrictions on Antimony has been hitting the headlines recently

https://thediplomat.com/2024/08/understanding-the-significance-of-chinas-antimony-export-controls/

Everyone keeps saying it is a ban but it is not.

Also get nervous when they talk about prices surging on a commodity that is controlled by China and Russia

Can see more details in this table from Geoscience Australia

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Much of the Sb in Oz comes from Costerville which is operated by Mandalay Resources

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Unfortunately they are on the TSE but looks like you can trade them on the OTC Pink market MNDJF.

However Sb production has also fallen

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There is also the Hillgrove Gold mine that is now owned by Larvotto Resources (ASX:LRV). Red River Resources (RVR) used to own Hillgrove before it went into administration.

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They are putting a target of 5.4KT of Sb which is much more than Costerville

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Shares of LRV have already pumped to market cap of 128m in a week.

Personally I prefer Mandalay as I think the orebody for Hillgrove is hard to visualize. And also I wonder why RVR could not make much progress at Hillgrove.

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Also I'd like my dessert now and not in 2026!

MoM also has a segment on Antimony

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edgescape
Added 3 months ago

SXG or Southern Cross Gold is another one. Already 500m and sits north of Costerville

But for those wanting to get in this may be too late. SXG is very overvalued at a market cap of 500m with no resource or studies and just a handful of drill results

Is this one the real deal or another Chalice 2.0?

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What is interesting is that SXG did not hype any Antimony during the export ban until now even though there was Antimony in their drill results before that.

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