WIA is well funded to accelerate the development of its Kokoseb project following its recent A$30m equity placement. We update our valuation to capture recent gold price movements and increases to Argonaut’s Mining Inventory after incorporating recent drilling results. Spot gold price increases and additions to our mining inventory drive our price target higher from $0.38 to $0.40. Speculative Buy maintained.
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.
