Argonaut | The Natural Choice in Resources
Argonaut is a full service advisory, stockbroking & research and investment house with offices in Perth and Hong Kong. Argonaut is technically driven & focused on natural resource companies & businesses that service the metals, mining, energy and agri-business sectors. Argonaut has an established track record of creating significant wealth for clients.
U.S. markets were closed Monday for Labor Day. European stocks largely lacked direction Monday, as investors attempted to gauge the implications of geopolitical tensions as well as data showing that manufacturing activity in the euro zone slowed even more sharply than first estimated in August, due in part to a weaker performance than first forecast from Germany. The Stoxx Europe 600 added 0.3% on the day, while the U.K's FTSE and Germany's DAX gained 0.1%. France's CAC was unchanged at the close.More >
Last year was transformational. After 14 years TFC closed the plantation life cycle with first harvest and heartwood sales. TFC also produced its first Indian Sandalwood Oil and inked a ground-breaking agreement with Galderma, a global dermatology company, for the supply of pharmaceutical grade oil. These achievements continued to attract investors to TFC’s equity and products, providing cash flow for further, higher value, on balance sheet plantation investment. We reiterate our buy call with a $2.65 price target.More >
Well done Sino Gas & Energy Holdings Limited (ASX: SEH) (“Sino Gas”) on executing documentation for its structured debt facility with Macquarie Bank for up to $US50 million. Argonaut acted as financial and corporate adviser to Sino Gas. Commenting on the completed facility agreement Gavin Harper, Chairman of Sino Gas, said:More >