Pantoro Ltd (PNR) – Backing The Field

Weak margins and stretched balance sheet were focus areas when we recently initiated. While interim results highlighted margin recovery is still work in progress, the recent sale of idle crushing plants reduces leverage and addsRead more

We are tipping a resurrection of reputation with a good run of surplus cash flows for the rest of FY23 and into FY24, putting Ramelius in position to start developing post 2025 mine plans withRead more

Performances over the last four halves have been well ahead of those over the rest of the last decade. We expect this to establish a new, higher base for GNG, as its enhanced reputation andRead more

We recently visited Sovereign Metals’ (SVM) giant Kasiya rutile and graphite project in Malawi. Development of Kasiya would be transformational for both SVM and the nation. Beyond the immediate financial benefits, Malawi would become aRead more

GL1 has reported the results of a Scoping Study for the Company’s flagship Manna project. While the study’s financial model generates an impressive Pre-tax NPV, in our view, the use of US$2,500/t sale price forRead more