Rock Stock Channel

Rare Earths Americas (NYSE: REA) CEO Don Swartz discusses the company’s exploration progress in Georgia and Brazil, including drilling at the Foothills Rare Earth District, Homer and Alpha. He also explains why management is focused on execution, resource development and project de-risking despite broader volatility across rare earth and critical minerals stocks.

The discussion covers REA’s drilling program, Homer’s 6.5 km anomaly, its expanding Georgia land position, capital allocation, upcoming resource milestones and the outlook for Western rare earth supply chains.

REA Presentation Deck:
https://d1io3yog0oux5.cloudfront.net/_648fc9d8b957f3772c30184785969b7c/rareearthsamericas/db/3576/34488/pdf/REA_August+2026+Marketing+Deck+vFINAL+FINAL+.pdf

Follow Rare Earths Americas:
Website - https://rareearthsamericas.com/
LinkedIn (Donald Swartz) - https://www.linkedin.com/in/donald-swartz/
LinkedIn (Company) - https://www.linkedin.com/company/rare-earths-americas/

___

Chapters

(00:00) Company Update And Context
(04:14) Post-IPO Progress
(08:24) Homer Exploration Program
(10:29) Niobium Potential
(11:43) Foothills District Expansion
(14:15) MRE Timing
(14:31) Processing And Supply Chains
(16:36) Capital Allocation And Alpha
(18:42) Market Valuation Disconnect
(23:53) Mining Talent And Policy
(26:02) Six-Month Milestones

Links

Sign up for the Lithium-Ion Bull newsletter / Matt’s blogs:
https://rkequity.com/

Questions:
rockstockchannel@rkequity.com

Patreon:
https://www.patreon.com/rockstockchannel

Podcast  
Apple Podcasts: https://podcasts.apple.com/us/podcast/lithium-ion-rocks/id1457969172
Spotify: https://open.spotify.com/show/0KiMIZOPaDg8ENfPJMSINq

Follow us on X (Twitter):
Howard: https://x.com/LithiumIonBull
Matt: https://x.com/matt_fernley
Rodney: https://x.com/RodneyHooper13
Ben: https://x.com/benjihammond
_________________________________________________

DISCLAIMER

NOT INVESTMENT ADVICE. DO YOUR OWN RESEARCH.

Howard, Matt, and Rodney are not financial advisors or broker-dealers. This video is provided for informational purposes only and should not be considered investment or financial advice. Please conduct your own independent research and read the disclaimer at the end of the video or on RK Equity’s website: https://www.rkequity.com

Intro and outro audio credit: Jamie Klein

Power Metallic (TSXV: PNPN) CEO Terry Lynch joins Rock Stock Channel (Howard and Matt) to discuss the company’s high-grade copper, nickel and PGE discovery in Quebec, its upcoming mineral resource estimate, exploration upside and potential pathway to production.

The discussion covers Power Metallic’s unusually high copper-equivalent grades, strong metallurgical recoveries, infrastructure advantages, strategic investor interest and the potential impact of a Nasdaq ADR listing.

Corporate Presentation:
https://www.powermetallic.com/corporate_presentation.pdf

Follow:
LinkedIn (Terry Lynch) - https://www.linkedin.com/in/terry-lynch-lion18/
X/Twitter (Terry Lynch) - https://x.com/terrybali
LinkedIn (Company) - https://www.linkedin.com/company/power-metallic/
X/Twitter (Company) - https://x.com/PowerMetallic
___

Chapters

(00:00) Investment Case
(03:06) Power Metallic Introduction
(05:49) Company Origin Story
(08:08) Exceptional Copper Grades
(11:08) Resource Economics
(12:39) Metallurgical Recoveries
(14:16) Exploration Upside
(17:25) Mine Development Plan
(19:57) Infrastructure Advantage
(20:36) Expansion Strategy
(24:54) Strategic Shareholders
(28:47) Market Valuation Gap
(31:02) Development Comparables
(35:44) Strategic Investor Interest
(38:23) Rerating Catalysts
(41:29) Nasdaq Listing Catalyst
(45:41) Critical Minerals Opportunity
(48:07) Closing Thoughts

Links

Sign up for the Lithium-Ion Bull newsletter / Matt’s blogs:
https://rkequity.com/

Questions:
rockstockchannel@rkequity.com

Patreon:
https://www.patreon.com/rockstockchannel

Podcast  
Apple Podcasts: https://podcasts.apple.com/us/podcast/lithium-ion-rocks/id1457969172
Spotify: https://open.spotify.com/show/0KiMIZOPaDg8ENfPJMSINq

Follow us on X (Twitter):
Howard: https://x.com/LithiumIonBull
Matt: https://x.com/matt_fernley
Rodney: https://x.com/RodneyHooper13
Ben: https://x.com/benjihammond

_________________________________________________

DISCLAIMER

NOT INVESTMENT ADVICE. DO YOUR OWN RESEARCH.

Howard, Matt, and Rodney are not financial advisors or broker-dealers. This video is provided for informational purposes only and should not be considered investment or financial advice. Please conduct your own independent research and read the disclaimer at the end of the video or on RK Equity’s website: https://www.rkequity.com

Intro and outro audio credit: Jamie Klein

Are Argentinian lithium brine stocks significantly undervalued? In this episode of Rock Stock University, Matt Fernley explores the valuation gap between conventional lithium brine companies and recent industry takeovers, highlighting scarcity, scalability, low operating costs and Argentina’s improving investment environment.

Discover why conventional lithium brine projects could be one of the most mispriced areas of the lithium market.

Follow Matt Fernley:
X/Twitter - https://x.com/matt_fernley
LinkedIn - https://www.linkedin.com/in/matt-fernley-8a755a3/

Follow RK Equity:
X/Twitter - https://x.com/RKEquityRocks
LinkedIn - https://www.linkedin.com/company/rkequity/

___

Chapters

(00:00) Why Argentina’s Conventional Brine Stocks Look Mispriced
(02:24) 1) Good Conventional Brine Projects Are Scarce
(03:36) 2) Conventional Brines Can Scale to Meet Lithium Demand
(04:47) 3) Conventional Brines Sit Low on the Cost Curve
(05:50) 4) Argentina’s Investment Environment Is Improving

Links

Sign up for the Lithium-Ion Bull newsletter / Matt’s blogs:
https://rkequity.com/

Questions:
rockstockchannel@rkequity.com

Patreon:
https://www.patreon.com/rockstockchannel

Podcast  
Apple Podcasts: https://podcasts.apple.com/us/podcast/lithium-ion-rocks/id1457969172
Spotify: https://open.spotify.com/show/0KiMIZOPaDg8ENfPJMSINq

Follow us on X (Twitter):
Howard: https://x.com/LithiumIonBull
Matt: https://x.com/matt_fernley
Rodney: https://x.com/RodneyHooper13
Ben: https://x.com/benjihammond
_________________________________________________

DISCLAIMER

NOT INVESTMENT ADVICE. DO YOUR OWN RESEARCH.

Howard, Matt, and Rodney are not financial advisors or broker-dealers. This video is provided for informational purposes only and should not be considered investment or financial advice. Please conduct your own independent research and read the disclaimer at the end of the video or on RK Equity’s website: https://www.rkequity.com

Intro and outro audio credit: Jamie Klein

Q2 Metals (TSXV: QTWO) CEO Alicia Milne and VP Exploration Sage McCallum join Rock Stock Channel (Matt and Howard) to discuss what investors should watch ahead of the upcoming Cisco PEA, including project scale, advanced metallurgy, infrastructure, resource conversion, current drilling and the path from PEA into feasibility.

We also examine Canaccord’s shift from valuing Cisco as an exploration asset to a risked developer NPV framework, and what Q2 still needs to prove as Cisco advances toward development.

Q2 Metals Corporate Presentation:
https://q2metals.com/corporate-presentation-file

Follow Q2 Metals:
LinkedIn (Alicia Milne): https://www.linkedin.com/in/alicia-milne-145a7369/
LinkedIn (Sage McCallum): https://www.linkedin.com/in/sage-mccallum-56b16621/
X/Twitter (Company): https://x.com/Q2Metals
___

Chapters

(00:00) Cisco’s Next Phase
(01:46) Resource Growth Potential
(02:52) What Must The PEA Prove?
(04:48) Advanced Metallurgical Testing
(06:38) Balancing Growth And Development
(08:17) Path To Feasibility
(09:45) Building The Development Team
(11:33) Funding The Next Stage
(12:40) Twelve-Month Outlook
(13:50) $4.7B NPV Valuation?

Links

Sign up for the Lithium-Ion Bull newsletter / Matt’s blogs:
https://rkequity.com/

Questions:
rockstockchannel@rkequity.com

Patreon:
https://www.patreon.com/rockstockchannel

Podcast  
Apple Podcasts: https://podcasts.apple.com/us/podcast/lithium-ion-rocks/id1457969172
Spotify: https://open.spotify.com/show/0KiMIZOPaDg8ENfPJMSINq

Follow us on X (Twitter):
Howard: https://x.com/LithiumIonBull
Matt: https://x.com/matt_fernley
Rodney: https://x.com/RodneyHooper13

_________________________________________________

DISCLAIMER

NOT INVESTMENT ADVICE. DO YOUR OWN RESEARCH.

Howard, Matt, and Rodney are not financial advisors or broker-dealers. This video is provided for informational purposes only and should not be considered investment or financial advice. Please conduct your own independent research and read the disclaimer at the end of the video or on RK Equity’s website: https://www.rkequity.com

Intro and outro audio credit: Jamie Klein

Mac Whale returns to Rock Stock Recap to discuss where he sees the best value in TSX-listed lithium stocks - and why lithium equities may still be mispricing the sector’s improving fundamentals.

We cover Lithium Argentina, Patriot Battery Metals (PMET), Q2 Metals, Li-FT Power, Sigma Lithium and Lithium Ionic, along with the debate over EV/EBITDA vs NAV, Argentina brines, Quebec hard rock, lithium M&A and the growing gap between lithium prices and equity valuations. Mac also explains why supply constraints, higher producer demand forecasts and upcoming project catalysts could reshape the investment case.

Explore our Patreon Membership:
https://www.patreon.com/cw/rockstockchannel/membership

Follow Mac Whale:
LinkedIn - https://www.linkedin.com/in/macmurray-d-whale-2135b71/

___

Chapters

(00:00:00) SQM Signals a Tighter Lithium Market
(00:04:15) Lithium Argentina Cash Flow Surprises
(00:05:38) Why EV/EBITDA Misses Growth
(00:13:01) Lithium Argentina’s Hidden Asset Value
(00:19:29) Why Argentine Brines Stay Cheap
(00:22:53) Volatility Keeps Lithium Buyers Sidelined
(00:32:04) Supply Constraints Drive Lithium M&A
(00:36:54) Quebec Lithium Still Trades Cheap
(00:45:53) LIFT, Q2 And PMET Valuation Gap
(00:55:43) Cesium Could Revalue PMET
(01:02:11) Brazil Lithium Faces Permitting Risk
(01:07:11) Lithium Africa Offers Drill-Bit Optionality
(01:14:33) Equities Price In Much Lower Lithium
(01:18:50) Research And Membership Details

Links

Sign up for the Lithium-Ion Bull newsletter / Matt’s blogs:
https://rkequity.com/

Questions:
rockstockchannel@rkequity.com

Patreon:
https://www.patreon.com/rockstockchannel

Podcast  
Apple Podcasts: https://podcasts.apple.com/us/podcast/lithium-ion-rocks/id1457969172
Spotify: https://open.spotify.com/show/0KiMIZOPaDg8ENfPJMSINq

Follow us on X (Twitter):
Howard: https://x.com/LithiumIonBull
Matt: https://x.com/matt_fernley
Rodney: https://x.com/RodneyHooper13
Ben: https://x.com/benjihammond
_________________________________________________

DISCLAIMER

NOT INVESTMENT ADVICE. DO YOUR OWN RESEARCH.

Howard, Matt, and Rodney are not financial advisors or broker-dealers. This video is provided for informational purposes only and should not be considered investment or financial advice. Please conduct your own independent research and read the disclaimer at the end of the video or on RK Equity’s website: https://www.rkequity.com

Intro and outro audio credit: Jamie Klein

First Phosphate (CSE/NASDAQ: PHOS) CEO John Passalacqua joins Howard Klein to discuss the company’s Nasdaq milestone, its self-sponsored Level II ADR listing under ticker PHOS, and the entrepreneurial path behind raising $80 million without a traditional investment bank.

The conversation covers First Phosphate’s ownership culture, insider alignment, access to US investors, capital runway, and the growing opportunity around igneous phosphate for LFP batteries. Howard and John also reflect on the Nasdaq opening bell, shareholder support, and why this ADR route could offer a new model for Canadian critical minerals companies seeking US market access.

PHOS Presentation:
https://firstphosphate.com/FirstPhosphateDeck_english.pdf

Follow First Phosphate:
LinkedIn (John Passalacqua) - https://www.linkedin.com/in/john-passalacqua-964092257/
LinkedIn (Company) - https://www.linkedin.com/company/first-phosphate/
X/Twitter (Company) - https://x.com/FirstPhosphate
___

Chapters

(00:00) Nasdaq Milestone
(03:43) Ringing The Bell
(07:44) Financing Their Own Way
(10:44) Ownership And Investor Trust
(12:52) The Nasdaq ADR Strategy
(16:10) Expanding US Investor Access
(18:05) Capital Runway And Growth
(22:09) Phosphate Investment Opportunity
(24:57) Gary Stanley
(31:08) Bela Onken
(34:51) Laurence Zeifman

Links

Sign up for the Lithium-Ion Bull newsletter / Matt’s blogs:
https://rkequity.com/

Questions:
rockstockchannel@rkequity.com

Patreon:
https://www.patreon.com/rockstockchannel

Podcast  
Apple Podcasts: https://podcasts.apple.com/us/podcast/lithium-ion-rocks/id1457969172
Spotify: https://open.spotify.com/show/0KiMIZOPaDg8ENfPJMSINq

Follow us on X (Twitter):
Howard: https://x.com/LithiumIonBull
Matt: https://x.com/matt_fernley
Rodney: https://x.com/RodneyHooper13
Ben: https://x.com/benjihammond

_________________________________________________

DISCLAIMER

NOT INVESTMENT ADVICE. DO YOUR OWN RESEARCH.

Howard, Matt, and Rodney are not financial advisors or broker-dealers. This video is provided for informational purposes only and should not be considered investment or financial advice. Please conduct your own independent research and read the disclaimer at the end of the video or on RK Equity’s website: https://www.rkequity.com

Intro and outro audio credit: Jamie Klein

Letícia Simionato and Przemek Koralewski of Fastmarkets join Rock Stock Channel (Howard and Matt) to talk about South America’s growing role in the lithium market, key takeaways from the Fastmarkets Lithium Conference in Buenos Aires, Argentina’s improving mining outlook, DLE momentum, China’s influence in the lithium supply chain, and Fastmarkets’ new digital spot platform for lithium price discovery and trade initiation.

The discussion covers why Argentina is emerging as one of South America’s most dynamic lithium markets, how lithium brines remain a low-cost opportunity, why DLE is gaining credibility, and how greater transparency, standardisation, and liquidity could help the lithium market mature.

Fastmarkets Lithium Trade Initiation Platform:
https://www.fastmarkets.com/a-digital-platform-for-the-physical-lithium-market/

Matt's Blog (5 Things the Market is Getting WRONG about Lithium):
https://blog.rkequity.com/2026/08/11/5-things-the-market-is-getting-wrong-about-lithium/

Lithium-Ion Bull (MAGA Mining & Manufacturing: Is Battery Energy Dominance Next?):
https://mcusercontent.com/9a8c41f471f338217d776887e/files/aa46f465-f28f-849b-dbcc-905bff406691/Issue_116_MAGA_Mining_amp_Manufacturing__Is_Battery_Energy_Dominance_Next.pdf

Follow Fastmarkets:
X (Company) - https://x.com/Fastmarkets
LinkedIn (Company)  - https://www.linkedin.com/company/fastmarkets/

Chapters

(00:00) Intro
(02:38) Why Argentina Conference
(06:12) Conference Takeaways
(09:51) Building The Value Chain
(13:06) Argentina’s Political Outlook
(16:07) China And Western Investment
(19:10) DLE Gains Momentum
(21:29) Lithium Trade Initiation Platform
(24:02) Standardizing Lithium Trades
(29:33) Why The Market’s Ready
(32:57) Platform Versus Benchmarks
(34:58) Beyond Lithium
(36:41) Market Evolution

Links

Sign up for the Lithium-Ion Bull newsletter / Matt’s blogs:
https://rkequity.com/

Questions:
rockstockchannel@rkequity.com

Patreon:
https://www.patreon.com/rockstockchannel

Podcast  
Apple Podcasts: https://podcasts.apple.com/us/podcast/lithium-ion-rocks/id1457969172
Spotify: https://open.spotify.com/show/0KiMIZOPaDg8ENfPJMSINq

Follow us on X (Twitter):
Howard: https://x.com/LithiumIonBull
Matt: https://x.com/matt_fernley
Rodney: https://x.com/RodneyHooper13
Ben: https://x.com/benjihammond

_________________________________________________

DISCLAIMER

NOT INVESTMENT ADVICE. DO YOUR OWN RESEARCH.

Howard, Matt, and Rodney are not financial advisors or broker-dealers. This video is provided for informational purposes only and should not be considered investment or financial advice. Please conduct your own independent research and read the disclaimer at the end of the video or on RK Equity’s website: https://www.rkequity.com

Intro and outro audio credit: Jamie Klein

Lithium Africa (TSXV: LAF) CEO Dr. Tom Benson joins Rock Stock Channel (Ben and Matt) to discuss the company’s latest progress across its African lithium portfolio, including active drilling at Springbok in South Africa and Adzopé in Côte d’Ivoire, the potential Springbok stockpile sale, the Ganfeng Lithium joint venture, and key catalysts expected over the next 6–12 months.

The discussion also covers Springbok’s hub-and-spoke exploration potential, near-term revenue optionality, Côte d’Ivoire assay timing, new board and CFO appointments, and Lithium Africa’s strategy to build a leading lithium platform across Africa.

LAF Presentation:
https://li-africa.com/wp-content/uploads/2026/07/2026_06-LAF_Corporate_Deck_Q2_July2026.pdf

Follow Lithium Africa:
LinkedIn (Tom Benson) - https://www.linkedin.com/in/thomasrbenson/
LinkedIn (Company) - https://www.linkedin.com/company/lithium-africa/
X/Twitter (Company) - https://x.com/Lithium_afri
___

Chapters

(00:00) Lithium Africa Update
(02:29) Springbok Stockpile Sale
(03:52) Springbok Drilling Program
(06:29) Near-Term Production Options
(07:43) Springbok Ownership Strategy
(09:21) Côte d’Ivoire Drilling
(11:20) Leadership Team Expansion
(14:07) Upcoming Growth Catalysts
(16:01) Closing Outlook

Links

Sign up for the Lithium-Ion Bull newsletter / Matt’s blogs:
https://rkequity.com/

Questions:
rockstockchannel@rkequity.com

Patreon:
https://www.patreon.com/rockstockchannel

Podcast  
Apple Podcasts: https://podcasts.apple.com/us/podcast/lithium-ion-rocks/id1457969172
Spotify: https://open.spotify.com/show/0KiMIZOPaDg8ENfPJMSINq

Follow us on X (Twitter):
Howard: https://x.com/LithiumIonBull
Matt: https://x.com/matt_fernley
Rodney: https://x.com/RodneyHooper13
Ben: https://x.com/benjihammond

_________________________________________________

DISCLAIMER

NOT INVESTMENT ADVICE. DO YOUR OWN RESEARCH.

Howard, Matt, and Rodney are not financial advisors or broker-dealers. This video is provided for informational purposes only and should not be considered investment or financial advice. Please conduct your own independent research and read the disclaimer at the end of the video or on RK Equity’s website: https://www.rkequity.com

Intro and outro audio credit: Jamie Klein

Sigma Lithium (NASDAQ: SGML) CEO Ana Cabral joins Howard Klein and Matt Fernley to discuss SGML’s Q2 results, record 47% EBITDA margin, lower operating costs, improving lithium market conditions, offtake funding potential, and the path toward major production growth.

The conversation also covers Sigma’s temporary production pause, regulatory negotiations in Brazil, balance sheet strategy, Phase 2 timing, and whether the market is overlooking Sigma Lithium’s cash generation and long-term growth profile.

Follow Sigma Lithium:
X (Company) - https://x.com/SigmaLithium
LinkedIn (Company)  - https://www.linkedin.com/company/sigma-lithium-resources/

Chapters

(00:00) Q2 Results Overview
(02:35) Production And Costs
(04:01) Sigma's Lithium Market Outlook
(05:37) Production Pause
(08:06) Regulatory Resolution
(12:08) Production Growth Plans
(14:08) Phase Two Timing
(17:26) Debt And Offtake
(19:38) Operating Cash Machine
(21:33) Expansion Funding Strategy
(23:26) Investor Takeaways
(26:41) US-Brazil Critical Minerals

Links

Sign up for the Lithium-Ion Bull newsletter / Matt’s blogs:
https://rkequity.com/

Questions:
rockstockchannel@rkequity.com

Patreon:
https://www.patreon.com/rockstockchannel

Podcast  
Apple Podcasts: https://podcasts.apple.com/us/podcast/lithium-ion-rocks/id1457969172
Spotify: https://open.spotify.com/show/0KiMIZOPaDg8ENfPJMSINq

Follow us on X (Twitter):
Howard: https://x.com/LithiumIonBull
Matt: https://x.com/matt_fernley
Rodney: https://x.com/RodneyHooper13
Ben: https://x.com/benjihammond

_________________________________________________

DISCLAIMER

NOT INVESTMENT ADVICE. DO YOUR OWN RESEARCH.

Howard, Matt, and Rodney are not financial advisors or broker-dealers. This video is provided for informational purposes only and should not be considered investment or financial advice. Please conduct your own independent research and read the disclaimer at the end of the video or on RK Equity’s website: https://www.rkequity.com

Intro and outro audio credit: Jamie Klein

Chris Robb, Howard Klein and Matt Fernley debate whether lithium bears are missing the real story: demand growth, project financing, DLE delays, Chinese processing capacity, and whether lithium equities are actually cheap.

In this Rock Stock Recap, the discussion covers Rick Rule’s lithium skepticism, why “abundant resources” don’t automatically become supply, whether hard-rock lithium is threatened by Exxon, Chevron, Occidental and Berkshire-backed DLE, and why Matt sees lithium prices rising 30–50%. Chris pushes back on lithium stock valuations, Howard argues the market is undervaluing growth and margins, and the group also discusses Core Lithium, Standard Lithium, Lithium Argentina, Pilbara, Galan, Lithium Ionic, First Phosphate, sodium-ion batteries and energy storage.

Follow Chris Robb:
LinkedIn - https://www.linkedin.com/in/chris-robb-b88102169/

___

Chapters

(00:00) Lithium Bears Face Fresh Pushback
(03:07) Lithium Demand Growth Changes Supply Math
(03:47) Government Battery Support Targets Bottlenecks
(06:37) US Spodumene Conversion Case Questioned
(15:06) Lithium Abundance Does Not Mean Supply
(18:55) Chinese Processing Was Not The Bottleneck
(21:31) DLE Supply Threat Looks Delayed
(29:04) Lithium Equities May Not Be Cheap
(32:22) DCF Versus EBITDA Valuation Debate
(38:19) Funded Developers Offer Better Upside
(41:37) Lithium Prices Could Rise 30–50%
(43:56) Company Catalysts Draw New Capital
(47:09) Sodium-Ion Threat Looks Limited
(47:38) Storage Could Be Lithium’s Killer App

Links

Sign up for the Lithium-Ion Bull newsletter / Matt’s blogs:
https://rkequity.com/

Questions:
rockstockchannel@rkequity.com

Patreon:
https://www.patreon.com/rockstockchannel

Podcast  
Apple Podcasts: https://podcasts.apple.com/us/podcast/lithium-ion-rocks/id1457969172
Spotify: https://open.spotify.com/show/0KiMIZOPaDg8ENfPJMSINq

Follow us on X (Twitter):
Howard: https://x.com/LithiumIonBull
Matt: https://x.com/matt_fernley
Rodney: https://x.com/RodneyHooper13
Ben: https://x.com/benjihammond
_________________________________________________

DISCLAIMER

NOT INVESTMENT ADVICE. DO YOUR OWN RESEARCH.

Howard, Matt, and Rodney are not financial advisors or broker-dealers. This video is provided for informational purposes only and should not be considered investment or financial advice. Please conduct your own independent research and read the disclaimer at the end of the video or on RK Equity’s website: https://www.rkequity.com

Intro and outro audio credit: Jamie Klein