External broker reports(aggregated public sources), Argonaut

Argonaut

External broker reports(aggregated public sources)

Argonaut’s research focuses on Metals & Mining, Energy, Agribusiness, Businesses and Contractors that service the natural resource sector and select Industrial companies and where warranted, the research team covers special situations. 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

<div><div><div><div><ul><li>Argonaut has initiated research on Northern Minerals (NTU).</li><li>The Browns Range rare earth element (REE) project is located in northern Western Australia, near the Northern Territory border.</li><li>The unusual xenotime mineralization hosted at Browns Range is enriched in high-value heavy rare earth elements (HREE) dysprosium (Dy) and terbium (Tb). </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>

Argonaut has initiated research on Northern Minerals (NTU).The Browns Range rare earth element (REE) project is located in northern Western Australia, near the Northern Territory border.The unusual xenotime mineralization hosted at Browns Range is enriched in high-value heavy rare earth elements (HREE) dysprosium (Dy) and terbium (Tb). 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.

Northern Minerals (NTU) - Who’s the Rarest of Them All

Materials Analyst/Strategist, Janus Analysis

Gaius King

Materials Analyst/Strategist

Janus Analysis

Thematic (Sector/Industry)

<ul>
<li><strong>We examine at what stage the current commodities Supercycle exists</strong></li>
<li><strong>Using BoC data, it appears that three of four commodity trends are declining</strong></li>
<li>Last BoC commodity trend a lagging indicator that has historically confirmed peak demand</li>
<li><strong>When base materials decline, gold usually comes to the fore</strong></li>
<li>Chinese stimulus coming, good for iron ore but little else</li>
<li>
<a href="https://www.smartkarma.com/entities/gold-road-resources-ltd" target="_blank" data-smartkarma-citation="entities:6698:1" rel="noopener">Gold Road Resources (GOR AU), </a><a href="https://www.smartkarma.com/entities/lynas-corp-ltd" target="_blank" data-smartkarma-citation="entities:20374:1" rel="noopener">Lynas Corp Ltd (LYC AU), </a><a href="https://www.smartkarma.com/entities/wesfarmers-ltd" target="_blank" data-smartkarma-citation="entities:1104:1" rel="noopener">Wesfarmers Ltd (WES AU), </a><a href="https://www.smartkarma.com/entities/glencore-plc" target="_blank" data-smartkarma-citation="entities:764:1" rel="noopener">Glencore Plc (GLEN LN), </a><a href="https://www.smartkarma.com/entities/freeport-mcmoran-inc" target="_blank" data-smartkarma-citation="entities:12491:1" rel="noopener">Freeport Mcmoran (FCX US), </a><a href="https://www.smartkarma.com/entities/mmg-ltd" target="_blank" data-smartkarma-citation="entities:13961:1" rel="noopener">Mmg Ltd (1208 HK), </a><a href="https://www.smartkarma.com/entities/teck-resources-ltd" target="_blank" data-smartkarma-citation="entities:25419:1" rel="noopener">Teck Resources (TECK/B CN), </a><a href="https://www.smartkarma.com/entities/alumina-ltd" target="_blank" data-smartkarma-citation="entities:939:1" rel="noopener">Alumina Ltd (AWC AU), </a><a href="https://www.smartkarma.com/entities/coal-india-ltd" target="_blank" data-smartkarma-citation="entities:9117:1" rel="noopener">Coal India Ltd (COAL IN), </a><a href="https://www.smartkarma.com/entities/hindustan-zinc-ltd" target="_blank" data-smartkarma-citation="entities:8688:1" rel="noopener">Hindustan Zinc (HZ IN), </a><a href="https://www.smartkarma.com/entities/southern-copper-corp" target="_blank" data-smartkarma-citation="entities:16279:1" rel="noopener">Southern Copper (SCCO US), </a><a href="https://www.smartkarma.com/entities/gold-fields-ltd" target="_blank" data-smartkarma-citation="entities:25109:1" rel="noopener">Gold Fields Ltd (GFI SJ),</a> <a href="https://www.smartkarma.com/entities/maverix-metals-inc" target="_blank" data-smartkarma-citation="entities:28296" rel="noopener">Maverix Metals Inc (MMX CN)</a>, <a href="https://www.smartkarma.com/entities/red-5-ltd" target="_blank" data-smartkarma-citation="entities:7940:1" rel="noopener">Red 5 Ltd (RED AU), </a><a href="https://www.smartkarma.com/entities/kidman-resources-ltd" target="_blank" data-smartkarma-citation="entities:13917:1" rel="noopener">Kidman Resources (KDR AU), </a><a href="https://www.smartkarma.com/entities/pensana-metals-ltd" target="_blank" data-smartkarma-citation="entities:2106:1" rel="noopener">Pensana Metals (PM8 AU), </a><a href="https://www.smartkarma.com/entities/azumah-resources-ltd" target="_blank" data-smartkarma-citation="entities:5124:1" rel="noopener">Azumah Resources (AZM AU), </a><a href="https://www.smartkarma.com/entities/goldphyre-resources-ltd" target="_blank" data-smartkarma-citation="entities:1938:1" rel="noopener">Australian Potash (APC AU), </a><a href="https://www.smartkarma.com/entities/golden-rim-resources-ltd" target="_blank" data-smartkarma-citation="entities:8395:1" rel="noopener">Golden Rim Resources (GMR AU), </a><a href="https://www.smartkarma.com/entities/neometals-ltd" target="_blank" data-smartkarma-citation="entities:4946:1" rel="noopener">Neometals Ltd (NMT AU), </a><a href="https://www.smartkarma.com/entities/venus-metals-corp-ltd" target="_blank" data-smartkarma-citation="entities:10142:1" rel="noopener">Venus Metals Corp (VMC AU), </a><a href="https://www.smartkarma.com/entities/s2-resources-ltd" target="_blank" data-smartkarma-citation="entities:1139:1" rel="noopener">S2 Resources (S2R AU), </a><a href="https://www.smartkarma.com/entities/canyon-resources-ltd" target="_blank" data-smartkarma-citation="entities:15927:1" rel="noopener">Canyon Resources (CAY AU), </a><a href="https://www.smartkarma.com/entities/lucapa-diamond-co-ltd" target="_blank" data-smartkarma-citation="entities:7068:1" rel="noopener">Lucapa Diamond (LOM AU),</a> Piedmont Lithium (ASX: PLL), <a href="https://www.smartkarma.com/entities/lion-one-metals-ltd" target="_blank" data-smartkarma-citation="entities:28159:1" rel="noopener">Lion One Metals Ltd (LLO AU), </a><a href="https://www.smartkarma.com/entities/ausmex-mining-group-ltd" target="_blank" data-smartkarma-citation="entities:11167:1" rel="noopener">Ausmex Mining Group (AMG AU),</a> <a href="https://www.smartkarma.com/entities/bardoc-gold-ltd" target="_blank" data-smartkarma-citation="entities:4833" rel="noopener">Bardoc Gold (BDC AU)</a>, <a href="https://www.smartkarma.com/entities/vango-mining-ltd" target="_blank" data-smartkarma-citation="entities:19897:1" rel="noopener">Vango Mining (VAN AU), </a><a href="https://www.smartkarma.com/entities/dateline-resources-ltd" target="_blank" data-smartkarma-citation="entities:19564:1" rel="noopener">Dateline Resources (DTR AU),</a> Galena (ASX: G1A), <a href="https://www.smartkarma.com/entities/zyl-ltd" target="_blank" data-smartkarma-citation="entities:2971:1" rel="noopener">Hawkstone Mining (HWK AU),</a> <a href="https://www.smartkarma.com/entities/ntm-gold-ltd" target="_blank" data-smartkarma-citation="entities:19562" rel="noopener">NTM Gold (NTM AU)</a>, <a href="https://www.smartkarma.com/entities/xanadu-mines-ltd" target="_blank" data-smartkarma-citation="entities:1270:1" rel="noopener">Xanadu Mines (XAM AU),</a> <a href="https://www.smartkarma.com/entities/alt-resources-ltd" target="_blank" data-smartkarma-citation="entities:28297" rel="noopener">ALT Resources Ltd (ARS AU)</a> , <a href="https://www.smartkarma.com/entities/exore-resources-ltd" target="_blank" data-smartkarma-citation="entities:16357" rel="noopener">Exore Resources (ERX AU)</a>, <a href="https://www.smartkarma.com/entities/spectrum-metals-ltd" target="_blank" data-smartkarma-citation="entities:2237" rel="noopener">Spectrum Metals (SPX AU)</a>, <a href="https://www.smartkarma.com/entities/northern-minerals-ltd" target="_blank" data-smartkarma-citation="entities:20445:1" rel="noopener">Northern Minerals (NTU AU),</a> <a href="https://www.smartkarma.com/entities/bowen-coking-coal-ltd" target="_blank" data-smartkarma-citation="entities:17492" rel="noopener">Bowen Coking Coal (BCB AU)</a>, <a href="https://www.smartkarma.com/entities/syndicated-metals-ltd" target="_blank" data-smartkarma-citation="entities:1219:1" rel="noopener">Syndicated Metals (SMD AU), </a><a href="https://www.smartkarma.com/entities/minotaur-exploration-ltd" target="_blank" data-smartkarma-citation="entities:20909:1" rel="noopener">Minotaur Exploration (MEP AU), </a><a href="https://www.smartkarma.com/entities/oro-verde-ltd" target="_blank" data-smartkarma-citation="entities:5298:1" rel="noopener">Oro Verde Ltd (OVL AU), </a><a href="https://www.smartkarma.com/entities/superior-lake-resources-ltd" target="_blank" data-smartkarma-citation="entities:15163:1" rel="noopener">Superior Lake Resources (SUP AU)</a> </li>
</ul>


We examine at what stage the current commodities Supercycle exists
Using BoC data, it appears that three of four commodity trends are declining
Last BoC commodity trend a lagging indicator that has historically confirmed peak demand
When base materials decline, gold usually comes to the fore
Chinese stimulus coming, good for iron ore but little else

Gold Road Resources (GOR AU), Lynas Corp Ltd (LYC AU), Wesfarmers Ltd (WES AU), Glencore Plc (GLEN LN), Freeport Mcmoran (FCX US), Mmg Ltd (1208 HK), Teck Resources (TECK/B CN), Alumina Ltd (AWC AU), Coal India Ltd (COAL IN), Hindustan Zinc (HZ IN), Southern Copper (SCCO US), Gold Fields Ltd (GFI SJ), Maverix Metals Inc (MMX CN), Red 5 Ltd (RED AU), Kidman Resources (KDR AU), Pensana Metals (PM8 AU), Azumah Resources (AZM AU), Australian Potash (APC AU), Golden Rim Resources (GMR AU), Neometals Ltd (NMT AU), Venus Metals Corp (VMC AU), S2 Resources (S2R AU), Canyon Resources (CAY AU), Lucapa Diamond (LOM AU), Piedmont Lithium (ASX: PLL), Lion One Metals Ltd (LLO AU), Ausmex Mining Group (AMG AU), Bardoc Gold (BDC AU), Vango Mining (VAN AU), Dateline Resources (DTR AU), Galena (ASX: G1A), Hawkstone Mining (HWK AU), NTM Gold (NTM AU), Xanadu Mines (XAM AU), ALT Resources Ltd (ARS AU) , Exore Resources (ERX AU), Spectrum Metals (SPX AU), Northern Minerals (NTU AU), Bowen Coking Coal (BCB AU), Syndicated Metals (SMD AU), Minotaur Exploration (MEP AU), Oro Verde Ltd (OVL AU), Superior Lake Resources (SUP AU) 


New J Hutton – Exploration Report (Weeks Ending 30/08/19)

Australia

Northern Minerals Limited is a mineral exploration company. The Company is primarily focused on Uranium and Rare Earth exploration and development in Western Australia and the Northern Territory.

Northern Minerals (NTU AU)

Northern Minerals (NTU) - Who’s the Rarest of Them All

Argonaut has initiated research on Northern Minerals (NTU). The Browns Range rare earth element (REE) project is located in northern Western...

Argonaut

New J Hutton – Exploration Report (Weeks Ending 30/08/19)

We examine at what stage the current commodities Supercycle exists Using BoC data, it appears that three of four commodity trends are...

Gaius King