Critical-minerals FocusSama’s stated focus on nickel, copper and cobalt targets positions it in structural demand trends from electrification and batteries. As an explorer, successful discoveries or JV interest from majors can create lasting value and strategic optionality beyond short-term cycles.
Very Low LeverageThe company’s near-zero debt materially reduces solvency and refinancing risk, giving management flexibility to pursue exploration, farm-outs or staged development. Low leverage preserves options to raise equity or enter partner-funded JV deals without debt overhang.
Partnership/asset-sale Monetization ModelAs a project-stage explorer, the company can de-risk via farm-outs, option deals, asset sales or royalties to conserve cash. That business model sustainably converts exploration upside into funding or cash proceeds without requiring mine-build economics in-house.