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
Priced to hit targets and keep growing. 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 portfolios and set up company watch lists. If you wouldRead more
Key News Overnight: U.S. stocks ended down on Tuesday, slumping on a sharp decline in telecom stocks and weak housing starts data that overshadowed better-than-expected earnings from Walmart and Home Depot. The Dow Jones Industrial Average fell 267 points, or 0.8%, to 34,061, the S&P 500 lost 35 points, or 0.9%, to 4,128 and theRead more
Argonaut has reviewed quarterly results for select WA gold developers. WA gold developers remain well funded, with access to additional capital as needed. Year-on-year quarterly exploration spend is around double what it was last year, and appears to be steady. Projects are progressing, both through development studies and Resource updates adding to inventories. To accessRead more
Bardoc, with a large and prospective land holding, and a strong team with a background in developing and operating mines within the Kalgoorlie district, will be amongst the next wave of mid-tier gold producers. An increased mining inventory to draw upon is a matter of more drilling as its namesake project advances towards planned firstRead more
