ACF Equity Research Broker Notes
ACF Equity Research publishes broker notes on Ariana's Dokwe Gold Project in Zimbabwe.
- Dokwe Gold Project resource 1.6 Moz
- Pre-tax NPV10 US$1.056 billion
- Dokwe Ore Reserve 1.13 Moz
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Ariana Resources plc (AIM: AAU, ASX: AA2, “Ariana” or the “Company”), advancing towards gold production at its 100%-owned 1.6 Moz (pre-tax NPV10: US$1.056 billion*) Dokwe Gold Project in Zimbabwe, updates investors that ACF Equity Research has published a new investment research note on Ariana Resources: Ariana’s – Zim Golden Focus, examining our valuation, financial position and development plans for the 100%-owned Dokwe Gold Project in Zimbabwe.
ACF highlights Dokwe’s 1.13Moz Ore Reserve, our retained interest in the producing Tavşan mine and upcoming milestones, including the Definitive Feasibility Study. The note also discusses the risks and funding requirements involved in bringing Dokwe into production.
To read the full ACF Equity Research Notes, including a wider thematic look at Zimbabwe:
The Board of Ariana Resources plc has approved this announcement and authorised its release.
For further information on the Company, please visit the website or please contact the following:
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.