External broker reports(aggregated public sources), Ord Minnett

Ord Minnett

Ord Minnett is a leading Australian wealth management group, incorporating full-service stockbroking, financial planning and funds management. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Equity Bottom-Up

<div><div><div><div><ul><li>A1M have completed an institutional placement raising ~A$30m (second tranche ~A$4.7m due March) to bolster the balance sheet and advance organic growth projects.</li><li>The funds will allow the Company to upgrade the Eloise mill infrastructure (~A$15m, incl. crusher), whilst simultaneously progressing studies (plant optimisation / Jericho mining).</li><li>Furthermore, it should alleviate any near-term balance sheet / working capital risks. Our fundamental assumptions for Eloise (incl. Jericho) remain largely unchanged with our Target Price moving lower to A$0.70 (from A$0.75) as we account for the equity raise / dilution. </li></ul></div></div></div></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

A1M have completed an institutional placement raising ~A$30m (second tranche ~A$4.7m due March) to bolster the balance sheet and advance organic growth projects.The funds will allow the Company to upgrade the Eloise mill infrastructure (~A$15m, incl. crusher), whilst simultaneously progressing studies (plant optimisation / Jericho mining).Furthermore, it should alleviate any near-term balance sheet / working capital risks. Our fundamental assumptions for Eloise (incl. Jericho) remain largely unchanged with our Target Price moving lower to A$0.70 (from A$0.75) as we account for the equity raise / dilution. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

AIC Mines Limited - Eloise Destination Confirmed (+20kt Cu) – Balance Sheet Bolstered

AIC Mines Ltd

AIC Mines Limited - Eloise Destination Confirmed (+20kt Cu) – Balance Sheet Bolstered