The loss of the Ghana Manganese Company (GMC) contract had previously been flagged, but the extent of the earnings impact surprised us. With developments at Boungou and Bissa “not material” to prior NPAT guidance, the $20-25m downgrade appears to have been meaningfully impacted by the loss of this contract. While PRN is a large, diverseRead more
Argonaut | The Natural Choice in Resources.
© 2024 Argonaut.