DEG’s Regional Scoping Study hints to annual production forecasts of 650-700kozpa from FY30 onwards once the ~140Kozpa Withnell Processing Centre comes online. We incorporate the Regional Scoping study production into our forecasts which provides a small uplift to our Price Target to A$2.30 ($2.20 prior). We maintain our Buy Recommendation with Hemi remaining our key pick gold developer pick that’s trading well below its NAV.
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 would like to access our research please contact us to create an account.
