OUR INVESTMENTS
The analytical basis of our investments
Explore our investments and the rationale behind each one. This page is frequently updated with our latest investments. We apply our rigorous methodology and stringent selection criteria to every investment opportunity.
ASX: AM3/ADG
Amara Minerals, formerly Adelong Gold, is a gold–antimony explorer advancing high-grade projects in Victoria, Australia. Its portfolio is led by the 100%-owned Lauriston and Apollo Gold and Antimony Projects, acquired in 2025. Lauriston is in central Victoria, and its antimony-bearing stibnite is similar to that at the nearby Costerfield and Sunday Creek deposits. Apollo lies within Victoria’s highly prospective Melbourne Zone.
Amara has a strategic partnership with Nova Minerals Limited, aimed at securing future antimony offtake and potentially bringing in a North American antimony asset. Nova, which owns the Estelle Project in Alaska, was recently awarded a US$43.4 million grant from the United States Department of Defense to advance a secure North American antimony supply chain.
ASX: AT4/TMG
Emerging critical-minerals company strategically positioned to reduce Western dependence on Chinese Antimony supply. The company is advancing a suite of high-value Antimony and Tungsten projects located in the United States and Australia, commodities that are both essential to defence, energy, and advanced technology applications.
In Australia, Trigg holds the Wild Cattle Creek Project in New South Wales – recognised as Australia’s highest-grade undeveloped JORC-compliant Antimony resource. In the United States, its flagship Antimony Canyon Project in Utah represents the largest and highest-grade Antimony exploration target in the country, offering a pathway toward establishing a secure domestic Antimony supply chain.
ASX: AKN
AuKing Mining is an explorer focused on rare earths, copper and other critical minerals across Australia, Africa and Greenland. The company aims to advance and monetise high-potential projects while building a diversified portfolio of metals important for global energy security and electrification.
Its flagship asset is the Tundulu Rare Earths Project in southern Malawi, a district-scale carbonatite complex that is now being drilled. AuKing can also earn up to 75% of the Qeqertaasaq critical minerals project in West Greenland. It holds the Koongie Park copper-zinc joint venture in Western Australia and uranium projects in Tanzania.
ASX: EDO/LIB
El Dorado Goldfields is a mineral exploration company focused on gold in Guyana’s Cuyuni district, part of the gold-rich Guiana Shield. The company’s strategy is centred on securing prospective ground next to major discoveries and advancing projects through exploration to define resource potential.
Its portfolio includes a 90% interest in the Oko North and Oko South Gold Projects: 40 granted mining permits in two consolidated blocks covering about 180 km², either side of the ~9.3Moz Oko gold field. This gives exposure to a district being built into a major gold mining hub by G Mining Ventures.
Stock Performance
An overview of the performance of stocks within our active portfolio.
| Stock | Date | Call price | Last price | Commodity | Highest point | Performance from call price |
|---|---|---|---|---|---|---|
| TMG/AT4 | 20/09/2024 | 0.020 | 0.043 | Antimony + Tungsten | 0.230 (+1,050%) | +115.00% |
| ADG/AM3 | 13/02/2025 | 0.0060 | 0.0035 | Antimony + Gold | 0.019 (+217%) | -41.67% |
| LIB/EDO | 02/09/2025 | 0.0010 | 0.0030 | Gold | 0.0050 (+400%) | +200.00% |
| AKN | 03/02/2026 | 0.0035 | 0.010 | Rare Earths + Tin | 0.028 (+700%) | +185.71% |
Prices last updated: 28 Oct 2026 5:00 AM AEST
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