Back to Bismuth; this Week Another Tennant Creek Company

The All Ordinaries is correcting low and has started a downtrend but the Metals and Mining Index is breaking new highs. The firm gold price obviously helps but the sentiment is being assisted by the copper price that keeps walking higher, breaking out on the upside of the sideways pattern that has had it range bound for the last five years. It all looks positive for mining stocks, especially seeing as US Government policy is working to encourage non-China supply across the board. Bismuth is firmly in its sights.

My ears pricked up last week when I was told of a company that had the 'largest' bismuth deposit in the world. Wow. Given my coverage of Castile's bismuth as a suddenly valuable by-product of the Rover Project in the Northern Territory, I thought I should have a closer look.

The company concerned is CuFe Ltd (CUF). Its share price was down below 1.5c, but it spiked to 5c in October, as the story got out when it raised $5.4m at 1.7c with a 1 for 2 option. Apparently, only four parties took stock in the placement. 

 WeeklyComm6December2025.pdf