The flurry of recent contract wins was offset by the news last week that the RIO Ground Disturbance contract has been discontinued. We don’t think it an indictment on K2F’s software given validation by other Tier 1 miners, but it has set back ARR growth. We have lowered forecasts, but continue to see opportunities forRead more
A leaner set of mine plans but still plenty to look forward to at all operations. We expect a cash flow driven recovery in the share price as the June half of 2023 comes into view. To access the full report please log in under the Client Area at the bottom of this page. Argonaut’sRead more
Goulamina is a standout lithium development located within southern Mali. The project is being developed and will be run under a Joint Venture with Chinese lithium giant Ganfeng. The development of Goulamina is well timed to address apparent insatiable demand for lithium driven by the switch from Internal Combustion Engine to Electric Vehicles. Investment inRead more
The recent trading update indicates strong FY22 conditions have extended well into FY23. Looking further out, we would be doing management a disservice if we did not assume at least some gains in revenue and margin were as a result of their efforts and not just due to short-term “one-off” factors. Our longer-term forecasts areRead more
Agency and Venue segment revenue in 1Q23 demonstrate the anticipated uplift this year. Our Brewing forecasts are more cautious on short-term sales pricing and costs. Longer-term we expect sales and marketing efforts and opportunities opened up via Agency brands to continue to drive east coast market penetration. To access the full report please log inRead more
GL1 has secured 100% of the Manna Project tenements and associated lithium rights. Consolidation of ownership solidifies GL1’s position, reduces operational complexity, and enhances project security. The transaction was funded by ~A$121M in equity raising, which will also fund the project beyond feasibility study status. Manna featured as a special mention in Argonaut’s recently publishedRead more
Argonaut has updated a map outlining select projects in non-producing companies with Resource estimates >1Moz Au, or potential to achieve >1Moz in the near term. To access the full report please log in under the Client Area at the bottom of this page. Argonaut’s Client Area allows you to view delayed share prices, access Argonaut’sRead more
Argonaut acted as Global Coordinator, Joint Lead Manager, Joint Bookrunner and Joint Underwriter to the A$111.4 million Placement and Financial Advisor to Global Lithium Resources Limited (ASX:GL1) to fund the A$60 million acquisition of the remaining 20% of the Manna Lithium Project. The Placement was well supported by a significant number of new Tier 1 Read more
Argonaut acted as Joint Lead Manager to a $28.5m Two Tranche Placement for Pantoro Limited (ASX:PNR). The Placement was well supported, with participation from domestic and international institutions and sophisticated investors. Funds from the Placement will be primarily used to support the Norseman Gold Project as it ramps up to full production. Argonaut is delightedRead more
Shareholders are wading through some ordinary returns, and 2026 is a long way away. On the plus side it’s a liquid gold stock with a large reserve base trading at 1.1X NAV. To access the full report please log in under the Client Area at the bottom of this page. Argonaut’s Client Area allows youRead more
