Broker notes

The Company’s broker Hannam & Partners have issued the below Analyst Research which can be accessed through the Hannam & Partners research portal (Link). If you are not yet registered to their portal you can register here, as well as sign up to receive research directly, in addition to Hannam & Partners Newsletters.

2023 Hannam & Partners

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HP - Broker Notes 2023

Interims solidify record half year results

3 October 2023

Good quarter driven by grade, guidance hiked

21 July 2023

Solid quarter expected at Runruno

23 June 2023

Degearing progressing following a quarter of solid FCF

19 May 2023

2022 Hannam & Partners

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HP - Broker Notes 2022

Q3 update lays a solid foundation for Q4 inflection point

14 October 2022

Q2 update shows better than expected output and cash flow despite operational challenges

20 July 2022

Model update following solid quarter despite delayed access to higher grade ore

29 April 2022

Model update highlights strong operating FCFs and Senior Debt to be extinguished in H2’22

14 February 2022

2021 marks a record year as turnaround nears completion

21 January 2022

2021 Hannam & Partners

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HP - Broker Notes 2021

2020 Financial Results illustrate MTL turnaround

25 May 2021

Initiation Report

19 April 2021

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