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>A solid result which reflects a six-month period as A1M transitions their accounting year end to 30 June.</li><li>More importantly, we increase our LOM assumption following the Company’s Resource / Reserve update which leads to our Target Price improving (~8%). We retain our Spec. Buy Rec. and continue to see significant exploration potential at Eloise which should continue to yield additional value beyond the existing operation.</li><li>The balance sheet remains strong (A$28m, no debt), which should easily fund this organic growth opportunity (OMLe FY23 exploration budget: A$3.5m).</li></ul><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></div></div></div></div>

A solid result which reflects a six-month period as A1M transitions their accounting year end to 30 June.More importantly, we increase our LOM assumption following the Company’s Resource / Reserve update which leads to our Target Price improving (~8%). We retain our Spec. Buy Rec. and continue to see significant exploration potential at Eloise which should continue to yield additional value beyond the existing operation.The balance sheet remains strong (A$28m, no debt), which should easily fund this organic growth opportunity (OMLe FY23 exploration budget: A$3.5m).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 - Result Solid. R + R Growth Increases Our LOM Assumption

AIC Mines Ltd

AIC Mines Limited - Result Solid. R + R Growth Increases Our LOM Assumption