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

Turaco Gold Limited provides exploration and mining services. The Company explores and develops gold projects. Turaco Gold serves customers worldwide.

<ul><li>Turaco Gold has announced ongoing metallurgical test work has improved extractions across Afema, with all deposits showing high gold recoveries despite being unoptimised.</li><li>These are good results which further de-risk the project in the lead up to an updated MRE.</li><li>Average leaching using UF grind and leaching of low mass recovery flotation concentrate at Jonction, Anuiri and Asupiri deposits yielded 84%-90% gold leach extractions.</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>

Turaco Gold has announced ongoing metallurgical test work has improved extractions across Afema, with all deposits showing high gold recoveries despite being unoptimised.These are good results which further de-risk the project in the lead up to an updated MRE.Average leaching using UF grind and leaching of low mass recovery flotation concentrate at Jonction, Anuiri and Asupiri deposits yielded 84%-90% gold leach extractions.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.

Turaco Gold Limited - Metallurgy Improving at Afema, Updated MRE Incoming

Hazer Group Limited operates as the commercialization company for the development of the Hazer Process, a hydrogen and graphite production process developed by researchers at the University of Western Australia. The Company operates out of Nedlands, Western Australia.

<ul><li>HZR's Mar'Q Report was highlighted by cash up (+$1 million QoQ to $10.3 million), driven by non-dilutive funding and engineering revenue (pre-FID payments from FortisBC for Canada project), and costs down, driven by cost discipline while the Commercial Demonstration Plant remains in ‘standby’ following completion of test work/confirmation of commercial readiness, independently verified by Lloyds Register in the quarter.</li></ul><div><div><div><div><ul><li>Interestingly, this was the first insight into HZR's opportunity pipeline, with 40+ opportunities at various levels of engagement across the globe; Asia Pacific, Australia, North America, Europe and the Middle East, diversified across key industry sectors including iron &amp; steel-making (38%), refining and petrochemicals (24%), ammonia production (19%) and power generation (19%).</li><li>The existing project portfolio is stated at over 1 million tpa total capacity, ~1% of existing global hydrogen demand.</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>

HZR's Mar'Q Report was highlighted by cash up (+$1 million QoQ to $10.3 million), driven by non-dilutive funding and engineering revenue (pre-FID payments from FortisBC for Canada project), and costs down, driven by cost discipline while the Commercial Demonstration Plant remains in ‘standby’ following completion of test work/confirmation of commercial readiness, independently verified by Lloyds Register in the quarter.Interestingly, this was the first insight into HZR's opportunity pipeline, with 40+ opportunities at various levels of engagement across the globe; Asia Pacific, Australia, North America, Europe and the Middle East, diversified across key industry sectors including iron &amp; steel-making (38%), refining and petrochemicals (24%), ammonia production (19%) and power generation (19%).The existing project portfolio is stated at over 1 million tpa total capacity, ~1% of existing global hydrogen demand.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.

Hazer Group Limited - Mar'Q Cash Up, Costs Down and 40+ Opportunities in the Pipeline

<div><ul><li>Latest drill results from TCG's Begnopan prospect has confirmed and enhanced historical mineralisation along the eastern margin of the Afema shear zone.</li><li>Begnopan is located ~2km south of Jonction (which contains +660koz @ 2.0g/t Au) highlighting potential for further resource growth along the main Afema shear.</li><li>Begnopan is not expected to be included in the next Afema project resource update, which is due imminently (early Q2CY25), it will however likely add shallow ounces in the future.</li></ul></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>

Latest drill results from TCG's Begnopan prospect has confirmed and enhanced historical mineralisation along the eastern margin of the Afema shear zone.Begnopan is located ~2km south of Jonction (which contains +660koz @ 2.0g/t Au) highlighting potential for further resource growth along the main Afema shear.Begnopan is not expected to be included in the next Afema project resource update, which is due imminently (early Q2CY25), it will however likely add shallow ounces in the future.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.

TURACO GOLD LIMITED: Another Gold Deposit for MRE Growth Along the Afema Shear

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>PCL announced the unfortunate news that Woodside Energy (ASX: WDS) has decided not to exercise its option to farm-in to the PEL 87 permit, offshore Namibia, consequently withdrawing the proposed funding solution by PCL for drilling an exploration well in the permit.</li><li>WDS was to carry the PEL 87 JV on an uncapped free carry basis to earn a 56% operating interest in the permit (PCL would have decreased to a 20% interest).</li><li>Instead, PCL retains a 75% interest, and operatorship of the PEL 87 permit.</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>

PCL announced the unfortunate news that Woodside Energy (ASX: WDS) has decided not to exercise its option to farm-in to the PEL 87 permit, offshore Namibia, consequently withdrawing the proposed funding solution by PCL for drilling an exploration well in the permit.WDS was to carry the PEL 87 JV on an uncapped free carry basis to earn a 56% operating interest in the permit (PCL would have decreased to a 20% interest).Instead, PCL retains a 75% interest, and operatorship of the PEL 87 permit.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  - Woodside Does Not Exercise Farm-In Option...

<div><ul><li>Resource-definition drilling at TCG's Asupiri (part of the Afema Project in Côte d'Ivoire) has been highly successful in confirming and potentially upgrading historical results.</li><li>This bodes well for the pending maiden resource, part of the resource update for Afema, due early Q2CY25.</li><li>Exploration drilling is ongoing at Afema, with 3 rigs (1 RC and 2 DD) active, providing strong newsflow (pending assays) from recently tested prospects: Begnopan (along strike of Asupiri), Baffia, Niamienlessa SW, and Toilesso (along strike of Jonction). </li></ul></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>

Resource-definition drilling at TCG's Asupiri (part of the Afema Project in Côte d'Ivoire) has been highly successful in confirming and potentially upgrading historical results.This bodes well for the pending maiden resource, part of the resource update for Afema, due early Q2CY25.Exploration drilling is ongoing at Afema, with 3 rigs (1 RC and 2 DD) active, providing strong newsflow (pending assays) from recently tested prospects: Begnopan (along strike of Asupiri), Baffia, Niamienlessa SW, and Toilesso (along strike of Jonction). 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.

Turaco Gold Limited - Afema Resources Primed for Significant Growth