Olympio Metals
Financials:
Primary ticker: ASX:OLY
Stage of development: Exploration
Primary minerals: Rare Earths, Lithium
Project to promote: Eurelia
Project location: South Australia
Website: www.olympiometals.com.au
Corporate presentation: Click here
Olympio Metals Ltd is an Australian explorer focussed on carbonatite rare earths discovery in South Australia, lithium north of Kalgoorlie in Western Australia where we have recently signed an earn in agreement with Liontown Resources Ltd ASX:LTR and also has a gold project in the East Kimberley region of Western Australia
Cash: AUD$3.1M
Debt: NIL
Major shareholders:
Electrification and Decarbonization AIE LP – 18%
Atlas Capital Markets – 8%
D Hoghton (Vendor) – 8%
WFM Corporation (Vendor) – 7%
Various
Management Ownership – 4%
Management Profile
Sean Delaney – Managing Director
Sean Delaney is the Managing Director of Olympio Metals since its listing in May 2022. He has been in the mining and exploration industry for over thirty years in a diverse range of roles starting as a driller in the Goldfields of Western Australia in the early 1990s before converting to accounting and holding senior executive roles in various producing and exploration companies.
What is your rationale for taking part in 121 Mining Investment?
Looking to tell our story and generate eyes on Olympio’s story to gain on market support
What recent news would you like to highlight to investors attending?
8th May – Drilling carbonatite REE targets at Eurelia in South Australia
3rd April- Olympio signs farm-in agreement with Liontown
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Carbonatite REE drilling in South Australia
6 Months:
Lithium JV decision with Liontown, Continued drilling in South Australia based on the Walloway project being granted. Acquisition of new more advanced projects
12 Months:
Continued exploration on above projects subject to results. Acquisition of more advanced projects
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Tough capital markets. Poor exploration results
What do you think makes your company such a compelling investment?
Critical Metals explorer. Lithium project being advanced by experienced team at Liontown. Carbonatite hosted REE and Niobium prospectivity in great location in South Australia
What are the top 3 key investor takeaways?
Critical metals exposure
Tight share register with institutional support
Motivated holders and management