After a near record 106 Metals and Mining (M&M) listings on the ASX in 2021, the pace has been maintained with a further 44 hitting the screens in the first half of 2022. Recent market wavering will undoubtedly slow this rate in the near-future, but assumedly the wheels were already in motion for the 17Read more
At an early stage, the Kokoseb gold discovery shows potential to develop into a valuable project. 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’s wealth of Research as well as create custom portfoliosRead more
Following completion of a 27 km RC and diamond drill programme, Ausgold has updated its Resource estimate for the Katanning Gold Project. The update has added 320kozs to the overall estimate for 2.2Mozs @ 1.2 g/t Au. The most significant change is to the proportion of the estimate in the higher confidence Measured and IndicatedRead more
Argonaut acted as Joint Lead Manager to a $30m institutional placement (“Placement”) for Lunnon Metals Ltd (ASX:LM8). The Placement was strongly supported by new institutional investors and existing shareholders. Funds from the Placement will be applied towards resource definition, extensional and exploration drilling at the Kambalda Nickel Project, dewatering of the Foster nickel mine, feasibility studies and explorationRead more
Argonaut acted as Financial Advisor to Bardoc Gold Limited (ASX: BDC) on its all scrip $157 million Scheme of Arrangement with St Barbara Limited (ASX: SBM) and concurrent demerger of Edge Minerals. The transaction will logically combine the Bardoc Gold Project with St Barbara’s assets in the Leonora-Laverton region and will enable the enlarged St Barbara toRead more
We expect GNG to replicate a record 1H22 to deliver full year revenue more than 50% up on FY21. The strong balance sheet supports a high dividend payout ratio and investors should HOLD for the 8.5% yield while monitoring progress of key pipeline projects. To access the full report please log in under the ClientRead more
Following a review, we have dropped coverage of the companies listed below. The review considered sector exposures, as well as the number of likely additions to our coverage list in the coming months. The table below summarises the changes, which are effective as at the date of this report. Prior recommendations, opinions, valuations, and targetRead more
Argonaut has reviewed quarterly results for select WA gold advanced explorers. Aside from a large increase in reported spend by DEG, overall in this group spend remains steady. Corporate activity has been the main share price driver of individual stocks more recently. With select miners building strong balance sheets we expect further activity in thisRead more
The ~$100M FY22 revenue upgrade reflects a buoyant mining sector, and the high regard in which GNG is held as a “go-to” EPC contractor. We think impressive numbers are likely to extend beyond FY22. To access the full report please log in under the Client Area at the bottom of this page. Argonaut’s Client AreaRead more
Quantitative: Valuation unchanged at 30cps. Qualitative: High risk/potential high reward play. Counting on good management. 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’s wealth of Research as well as create custom portfoliosRead more
