MAU remains active on the exploration front continuing the drill out of its 948koz LJN4 discovery located outside Laverton. A Phase 1 drill program is nearing completion from which we expect drill results to beRead more
NST has released its annual reserve and resource update. Total resources rose 3.9moz, after accounting for mine depletion, to 61.3moz. KCGM’s contribution increased 12%, both from open pit and underground, and now account for overRead more
We lift our valuation to $2.90 (prior $2.60) on the basis that Austal is increasingly likely to face decades of work in Australia following the release of the Australian 2024 National Defence Strategy. This emphasisesRead more
The recent $80M equity raise by SPR provides ample funding to commence the Never Never decline and bring the project one step closer to production. Recent drill results at the Pepper Lode are encouraging butRead more
We provide an update for Northern Minerals and its strategically important Browns Range heavy rare earth element development project. Recent MRE infill drilling results highlight the quality of Wolverine xenotime deposit. An updated DFS isRead more
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