External broker reports(aggregated public sources), Euroz Limited

Euroz Hartleys

External broker reports(aggregated public sources)

Euroz Limited

A Western Australian diversified financial services company focused on providing financial services solutions to Institutional, Corporate & Private Clients. 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.

Equity Bottom-Up

Pancontinental Oil & Gas Nl / Equity Bottom-Up

Pancontinental Oil & Gas NL  a petroleum (oil and gas / hydrocarbon)  exploration company with key assets in Australia, Kenya and Namibia. The Company has high-percentage interests in a range of oil and gas targets in Australia and Africa.

<ul><li>Portuguese-listed Galp announced the company has discovered a "significant column of light oil" at its Mopane-1X well drilled in block PEL 83, offshore Namibia.</li><li>The company plans to perform a DST flow test to assess the commerciality of the discovery before deepening the well to explore further targets.</li><li>Following Mopane-1X operations, the company plans to drill an appraisal well to test the extent of the discovery.</li></ul>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.

Portuguese-listed Galp announced the company has discovered a "significant column of light oil" at its Mopane-1X well drilled in block PEL 83, offshore Namibia.The company plans to perform a DST flow test to assess the commerciality of the discovery before deepening the well to explore further targets.Following Mopane-1X operations, the company plans to drill an appraisal well to test the extent of the discovery.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.

PCL - Major Success in Neighboring Permit, Bodes Well for PEL 87 Prospectivity

Matrix Composites & Eng / Equity Bottom-Up

Matrix Composites & Engineering Ltd. is an engineering company. The Company specialises in the design, application and manufacturing of products based on advanced composite materials, engineering plastics and elastomers.

<ul><li>MCE has announced the award of $30m SURF contract from Subsea 7.</li><li>Work is expected to commence in June 2024 quarter with completion during December 2024; majority of work to be recognised through FY'25.</li><li>MCE now expect FY'24 revenue to be in excess of $80m, with opportunities in the pipeline to add to this - which implies further contract wins likely in the short term given lead times on manufacturing.</li></ul>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.

MCE has announced the award of $30m SURF contract from Subsea 7.Work is expected to commence in June 2024 quarter with completion during December 2024; majority of work to be recognised through FY'25.MCE now expect FY'24 revenue to be in excess of $80m, with opportunities in the pipeline to add to this - which implies further contract wins likely in the short term given lead times on manufacturing.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.

Matrix Composites & Engineering Ltd - Secures $30m Contract

<ul><li>Early 'fast-track' 3D PSDM seismic results were received with positive results regarding one of the key geological risks; the source rock maturity.</li><li>Additionally, the JV submitted its application to the regulator to enter the next permit period (23 Jan 2024 to 22 Jan 2026).</li><li>Importantly, PCL states that the company will bear no financial liability for any non-performance by the PEL 87 JV associated with the minimum exploration expenditure commitments for the permit extension period.</li></ul>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.

Early 'fast-track' 3D PSDM seismic results were received with positive results regarding one of the key geological risks; the source rock maturity.Additionally, the JV submitted its application to the regulator to enter the next permit period (23 Jan 2024 to 22 Jan 2026).Importantly, PCL states that the company will bear no financial liability for any non-performance by the PEL 87 JV associated with the minimum exploration expenditure commitments for the permit extension period.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.

Pancontinental Energy NL - Positive Early Seismic Results & Permit Progression

<div><ul><li>Pancontinental Energy is gearing up to participate in drilling one of the largest un- tested prospective (oil) structures on the planet.</li><li>Given the size of the structure, it is even more exciting that it is located in a current global exploration hotspot, in the Namibian offshore Orange Basin, where "super-giant" oil discoveries (&gt;1 billion barrels) have been made in recent years.</li><li>The Venus discovery, drilled by TotalEnergies in 2022, covers an area of 600km 2 and reportedly holds estimated recoverable reserves of ~3 billion barrels of oil. </li></ul></div>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.

Pancontinental Energy is gearing up to participate in drilling one of the largest un- tested prospective (oil) structures on the planet.Given the size of the structure, it is even more exciting that it is located in a current global exploration hotspot, in the Namibian offshore Orange Basin, where "super-giant" oil discoveries (&gt;1 billion barrels) have been made in recent years.The Venus discovery, drilled by TotalEnergies in 2022, covers an area of 600km 2 and reportedly holds estimated recoverable reserves of ~3 billion barrels of oil. 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.

Pancontinental Energy  - Super-Giant Exploration Potential in a Global Hotspot

Develop Global Ltd. explores for precious metals in Australia.

<div><ul><li>Company has circa $61m in cash (including money raised from recent fully underwritten capital raise minus transaction costs).</li><li>The withdrawal from the Liontown contract is warranted.</li><li>The scale of the Liontown operation is unprecedented from a 'start to full production' perspective. </li></ul></div>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.

Company has circa $61m in cash (including money raised from recent fully underwritten capital raise minus transaction costs).The withdrawal from the Liontown contract is warranted.The scale of the Liontown operation is unprecedented from a 'start to full production' perspective. 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.

Develop Global Limited - Quarterly and Withdrawal from Liontown Contract Tender