In this report we complete a deep comparative analysis of Centaurus Metals’ Jaguar Nickel Sulphide Project with several high-profile advanced stage Pressure Oxidation developments held by ASX listed entities. Our evaluation includes side-by-side comparisons based on Gross, Recoverable, Payable and Profit value from Resources and development inventories. We also compare development scenarios for peers, alongRead more
Macro factors are pulling the property market in different directions, creating uncertainty. But a low-cost, well-positioned landbank of 37k lots (>70% of which are in production) provides reason to remain positive on the longer-term value to be realised for Peet. To access the full report please log in under the Client Area at the bottomRead more
It is not difficult predicting an increasing focus on the ESG issues which K2F’s solutions uniquely address, even if earnings and cash flow during the Company’s early growth phase are harder to forecast. The current enterprise value (EV) does not reflect the potential, which we expect will be realised as K2F nears earnings and cashRead more
David Franklyn, Joint Head of Argonaut Funds Management (AFM), has been nominated for “Rising Star of the Year” by Money Management. AFM’s flagship fund, Argonaut Natural Resource Fund, has returned 27% FYTD 2023 and 200% since its inception (Jan 2020). To register your interest in the Fund, please contact Jenna Converse at jconverse@argonaut.com or 04Read more
We provide a general update for NexGen Energy’s (ASX:NXG, TSX:NXE, NYSE:NXE) Rook I uranium project. Upgrade of the camp, road infrastructure and shaft freeze hole drilling has been approved by the provincial government for this year. Front End Engineering Design (FEED) is well advanced. Grant of provincial level approvals in the short term should beRead more
We recap recent contract wins and discuss the issues at Warrawoona. Current challenges at some other client sites are balanced by a strong gold price environment. We maintain a BUY call given MAH’s guidance track record and after further risking our valuation. To access the full report please log in under the Client Area atRead more
Expecting June 2023 quarter results to drive the shares up further in a strong market. To hold the gains more consistent cash flow margins, and/or corporate action are likely required. 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 viewRead more
Following the release of Musgrave’s Stage 1 pre-feasibility study we have updated our modelled base case mining scenario. We no longer assume toll treating, and instead model our base case as a stand-alone project with the construction of a 500ktpa processing plant. In this scenario, our modelled financing assumptions and resultant equity dilution is theRead more
Perth head-quartered Argonaut, the specialist natural resources investment banking firm, is pleased to announce the appointment of Ben Clifford as Managing Director – Head of Sydney and Joint Head of Funds Management, effective immediately. Ben will join Argonaut as a member of the firm’s senior leadership team, serve as a Director on the main ArgonautRead more
With West Musgrave and Yangibana wins we have over 80% of our next two year’s revenue forecasts underpinned (inclusive of Upstream PS and Mipac forecasts). This level of visibility is unusually high, yet we expect it will build further from here. To access the full report please log in under the Client Area at theRead more
