Ausgold’s 3Moz Katanning Gold Project (KGP) is nearing the finish line with the DFS due for completion in Q2 2024. The KGP development scenario would see construction of a 5Mtpa operation producing 136kozpa over a 9.7-year mine life. Argonaut maintains its Speculative Buy recommendation with no change to our $0.13 valuation. Once permitting and approvals in place, the KPG offers up long mine life asset for existing mid-tier miners with declining production outlooks.
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.