External broker reports(aggregated public sources), Argonaut

Argonaut

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.

External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Gold equities in general have seen a strong start to 2023.</li><li>With a steady flow of news expected over the year and one of very few near-term large-scale gold development projects in WA, Ausgold is well poised to capitalise on a buoyant market.</li><li>We adjust our long-term internal gold price (US$1800/oz, prior US$1750/oz).</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>

Gold equities in general have seen a strong start to 2023.With a steady flow of news expected over the year and one of very few near-term large-scale gold development projects in WA, Ausgold is well poised to capitalise on a buoyant market.We adjust our long-term internal gold price (US$1800/oz, prior US$1750/oz).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.

Definitive Initiative - Ausgold Limited (AUC)

Ausgold Ltd

Definitive Initiative - Ausgold Limited (AUC)