Botanix (BOT) – Positive BTX 1801 Study Results

We are initiating coverage on IGO with a BUY rating and set a A$8.80 price target. IGO’s 24.99% interest in the world class Greenbushes spodumene project is the dominant driver of both earnings and ourRead more

PMT and Albemarle (ALB US, Not Rated) have agreed not to extend the Memorandum of Understanding (MoU) between the two companies. The MoU was signed in August 2023, alongside ALB’s C$109m strategic investment in PMT.Read more

We are initiating coverage on Pilbara Minerals (PLS) with a BUY rating and set a A$5.10 price target. Pilgangoora on the cusp of delivering increased output with the final phases of the P680 expansion commissioningRead more

We are initiating coverage on Liontown Resources (LTR) with a BUY rating and set a A$1.60 price target. Construction of the Kathleen Valley spodumene project is progressing well and LTR remains on track to achieveRead more

DVP reported Mining Services revenue of A$31.9m from its underground mining contract at Bellevue, 4% higher than we expected. Mobilisation and site establishment activities at Mt Marion are underway and the box cut has commenced.Read more