On the Couch with Andrew Elf (ASX: MSV): The Pathway to 80 Rigs

In this episode of On the Couch, Henry Jennings sits down with Richard Morrow, Director of Lowell Resources Funds Management, at the International Mining and Resources Conference (IMARC) 2026. Recorded live in the OnAir podcast zone at ICC Sydney.Richard shares the big themes from this year's event, from critical minerals to copper demand from AI and electrification. He also explains how the Lowell Resources Fund (ASX: LRT) approaches early-stage explorers, and why Victoria's goldfields are seeing a renaissance.—Marcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Today https://marcustoday.com.au/trial-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=free-trialJoin Marcus Today Use code MTPODCAST for 10% off. https://marcustoday.com.au/sign-up/?pc=MTPODCAST&utm_source=podcast&utm_medium=audio&utm_campaign=sign-upMT20 – Managed ETF Portfolio A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. https://marcustoday.com.au/managed-portfolios/?utm_source=podcast&utm_medium=audio&utm_campaign=mt20-infoPrinciples – How We Think About Investing A short video series on timing, behaviour, and decision-making. No stock tips. https://marcustoday.com.au/mini-series-principles-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=principles-mini-series—Disclaimer This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

In this episode of On the Couch, Henry Jennings sits down with Jim McKerlie, Chairman of Impact Minerals (ASX: IPT), at the International Mining and Resources Conference (IMARC) 2026. Recorded live in the OnAir podcast zone at ICC Sydney.Jim explains how the 20-year-old explorer has reshaped itself as an advanced materials business focused on high-purity alumina (HPA) from its Lake Hope project in Western Australia, and why HPA matters for semiconductors and EV batteries.They also cover customer qualification and offtake, China's dominance of current supply, plans for a demo plant, and the challenge of scaling up.—Marcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Today https://marcustoday.com.au/trial-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=free-trialJoin Marcus Today Use code MTPODCAST for 10% off. https://marcustoday.com.au/sign-up/?pc=MTPODCAST&utm_source=podcast&utm_medium=audio&utm_campaign=sign-upMT20 – Managed ETF Portfolio A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. https://marcustoday.com.au/managed-portfolios/?utm_source=podcast&utm_medium=audio&utm_campaign=mt20-infoPrinciples – How We Think About Investing A short video series on timing, behaviour, and decision-making. No stock tips. https://marcustoday.com.au/mini-series-principles-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=principles-mini-series—Disclaimer This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

In this episode of On the Couch, Henry Jennings speaks with David Newling, Chairman of Austral Resources (ASX: AR1), at the International Mining and Resources Conference (IMARC) 2026. Recorded live in the OnAir podcast zone at ICC Sydney.David explains Austral's infrastructure-led approach as a Queensland copper producer, including its claim to be the only company in the country able to process both oxides and sulphides, and why he expects consolidation across the region to continue.They also cover the proposed acquisition of Hammer Metals, the Rocklands concentrator restart and the aim to open it to third-party tolling, lifting output at Mount Kelly, and how the board keeps discipline around capital allocation.—Marcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Today https://marcustoday.com.au/trial-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=free-trialJoin Marcus Today Use code MTPODCAST for 10% off. https://marcustoday.com.au/sign-up/?pc=MTPODCAST&utm_source=podcast&utm_medium=audio&utm_campaign=sign-upMT20 – Managed ETF Portfolio A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. https://marcustoday.com.au/managed-portfolios/?utm_source=podcast&utm_medium=audio&utm_campaign=mt20-infoPrinciples – How We Think About Investing A short video series on timing, behaviour, and decision-making. No stock tips. https://marcustoday.com.au/mini-series-principles-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=principles-mini-series—Disclaimer This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

In this episode of On the Couch, Henry Jennings catches up with Coby Hanoch, CEO of Weebit Nano (ASX: WBT).Coby explains why he sees ReRAM as the next standard after flash memory, how Weebit's licence and royalty model works, and where its manufacturing partnerships sit on the path to mass production, with one customer publicly targeting 2027.He also addresses the company's cash position following recent media commentary, the demand squeeze at chipmakers that has held up agreements in 2026, and a research program into using the technology to cut the power AI systems consume.—Marcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Today https://marcustoday.com.au/trial-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=free-trialJoin Marcus Today Use code MTPODCAST for 10% off. https://marcustoday.com.au/sign-up/?pc=MTPODCAST&utm_source=podcast&utm_medium=audio&utm_campaign=sign-upMT20 – Managed ETF Portfolio A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. https://marcustoday.com.au/managed-portfolios/?utm_source=podcast&utm_medium=audio&utm_campaign=mt20-infoPrinciples – How We Think About Investing A short video series on timing, behaviour, and decision-making. No stock tips. https://marcustoday.com.au/mini-series-principles-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=principles-mini-series—Disclaimer This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

In this episode of On the Couch, Henry Jennings sits down with Sean Russo, Managing Director of Noah's Rule, at the International Mining and Resources Conference (IMARC) 2026. Recorded live in the OnAir podcast zone at ICC Sydney.Sean spent 20 years at Rothschild before starting Noah's Rule, which helps mining companies manage price, currency and fuel risk. They discuss his view that miners tend to hedge at the wrong time, the trend and score method used to guide timing, and how gold is bought and sold in the West compared with Asia.They also look at what gold's ratios to equity markets in Australia, the US and elsewhere are showing.—Marcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Today https://marcustoday.com.au/trial-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=free-trialJoin Marcus Today Use code MTPODCAST for 10% off. https://marcustoday.com.au/sign-up/?pc=MTPODCAST&utm_source=podcast&utm_medium=audio&utm_campaign=sign-upMT20 – Managed ETF Portfolio A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. https://marcustoday.com.au/managed-portfolios/?utm_source=podcast&utm_medium=audio&utm_campaign=mt20-infoPrinciples – How We Think About Investing A short video series on timing, behaviour, and decision-making. No stock tips. https://marcustoday.com.au/mini-series-principles-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=principles-mini-series—Disclaimer This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

In this episode of On the Couch, Henry Jennings speaks with Cris Moreno, Managing Director and CEO of Vulcan Energy (ASX: VUL).Cris explains how the Lionheart project in south-west Germany is designed to produce both geothermal energy and lithium from the same brine. He gives an update on construction, cost protections and offtake agreements with price floors. They also cover Ludwig, the company's next phase of development, and the role of strategic partners Hochtief and Siemens.With the stock under pressure and short interest building, Henry asks what the market may be missing as Vulcan works towards start-up, targeted for the second half of 2028.—Marcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Today https://marcustoday.com.au/trial-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=free-trialJoin Marcus Today Use code MTPODCAST for 10% off. https://marcustoday.com.au/sign-up/?pc=MTPODCAST&utm_source=podcast&utm_medium=audio&utm_campaign=sign-upMT20 – Managed ETF Portfolio A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. https://marcustoday.com.au/managed-portfolios/?utm_source=podcast&utm_medium=audio&utm_campaign=mt20-infoPrinciples – How We Think About Investing A short video series on timing, behaviour, and decision-making. No stock tips. https://marcustoday.com.au/mini-series-principles-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=principles-mini-series—Disclaimer This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

In this episode of On the Couch, Henry Jennings speaks with Andrew Elf, CEO of Mitchell Services (ASX: MSV), the drilling services provider he has led since 2014.They discuss how the balance sheet went from debt-funded fleet growth to net cash, a record quarter of earnings, and new contracts lifting the operating rig count towards a target of around 80.Andrew also explains why gold now makes up 60% of revenue, the challenge of hiring drillers in a tight labour market, and Loop – a decarbonisation venture backed by Sumitomo that has completed what Mitchell describes as a world-first well draining gas from coal ahead of open-cut mining.—Marcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Today https://marcustoday.com.au/trial-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=free-trialJoin Marcus Today Use code MTPODCAST for 10% off. https://marcustoday.com.au/sign-up/?pc=MTPODCAST&utm_source=podcast&utm_medium=audio&utm_campaign=sign-upMT20 – Managed ETF Portfolio A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. https://marcustoday.com.au/managed-portfolios/?utm_source=podcast&utm_medium=audio&utm_campaign=mt20-infoPrinciples – How We Think About Investing A short video series on timing, behaviour, and decision-making. No stock tips. https://marcustoday.com.au/mini-series-principles-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=principles-mini-series—Disclaimer This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

In this episode of On the Couch, Henry Jennings catches up with Louise Bedford, author and mentor at The Trading Game.Louise explains why her macro filter has her standing aside on the Australian market, how she compares the All Ords with the S&P 500 and Nasdaq 100, and the concentration risk that can hide in a portfolio of ETFs. She also covers her approach to stop losses and taking profits, the limits of paper trading, and the need to match careful preparation with a willingness to act.—Marcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Today https://marcustoday.com.au/trial-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=free-trialJoin Marcus Today Use code MTPODCAST for 10% off. https://marcustoday.com.au/sign-up/?pc=MTPODCAST&utm_source=podcast&utm_medium=audio&utm_campaign=sign-upMT20 – Managed ETF Portfolio A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. https://marcustoday.com.au/managed-portfolios/?utm_source=podcast&utm_medium=audio&utm_campaign=mt20-infoPrinciples – How We Think About Investing A short video series on timing, behaviour, and decision-making. No stock tips. https://marcustoday.com.au/mini-series-principles-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=principles-mini-series—Disclaimer This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

In this episode of On the Couch, Henry Jennings speaks with Oscar Leslie, Co-founder and Managing Director of Overwatch Technologies (ASX: OWL).Oscar explains how Overwatch deploys drones, uncrewed vessels and subsea platforms to help authorities detect illegal fishing and narcotics trafficking, and why the company's core IP sits in fusing signals from multiple sensors rather than manufacturing drones.They also cover the planned move from hardware sales to services and data, target customers among regional governments in the Southwest Pacific and Southeast Asia, escrow for the founding team, and the milestones Oscar wants investors to track.—Marcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Today https://marcustoday.com.au/trial-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=free-trialJoin Marcus Today Use code MTPODCAST for 10% off. https://marcustoday.com.au/sign-up/?pc=MTPODCAST&utm_source=podcast&utm_medium=audio&utm_campaign=sign-upMT20 – Managed ETF Portfolio A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. https://marcustoday.com.au/managed-portfolios/?utm_source=podcast&utm_medium=audio&utm_campaign=mt20-infoPrinciples – How We Think About Investing A short video series on timing, behaviour, and decision-making. No stock tips. https://marcustoday.com.au/mini-series-principles-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=principles-mini-series—Disclaimer This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

In this episode of On the Couch, Henry Jennings speaks with Greg Yong, Group CEO of Coast Entertainment Holdings (ASX: CEH), owner of Dreamworld, WhiteWater World and SkyPoint.After a year that brought more than two million guests through the gates, Greg explains how the business has rebuilt since COVID, why locals and annual passes sit at the centre of its strategy, and how the former Motor Coaster is returning as Lost Mine Mayhem.They also discuss the state government approval for the company's Coomera land and the residential, hotel and mixed-use options Barrenjoey is helping assess.—Marcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Today https://marcustoday.com.au/trial-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=free-trialJoin Marcus Today Use code MTPODCAST for 10% off. https://marcustoday.com.au/sign-up/?pc=MTPODCAST&utm_source=podcast&utm_medium=audio&utm_campaign=sign-upMT20 – Managed ETF Portfolio A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. https://marcustoday.com.au/managed-portfolios/?utm_source=podcast&utm_medium=audio&utm_campaign=mt20-infoPrinciples – How We Think About Investing A short video series on timing, behaviour, and decision-making. No stock tips. https://marcustoday.com.au/mini-series-principles-sign-up/?utm_source=podcast&utm_medium=audio&utm_campaign=principles-mini-series—Disclaimer This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.