Recent drilling at Pepper delivered some stunning infill results at grades results much higher than previous intercepts. We expect Pepper to convert into a very high-grade reserve which will be the first stoping front targeted once Never Never enters production. Incorporating recent drill results, we upgrade our Never Never mining inventory with an increase in both grade and ounces which drives our Price Target higher to $1.40 ($1.20 prior). Our HOLD recommendation is unchanged.
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.
