Asara is developing the Kada Gold Project in Guinea, positioning itself as a major gold project in West Africa. This represents a rapidly evolving investment case in a robust gold price environment, with the asset having the potential to become a leading gold discovery in the country. The next steps include an updated MRE in Q3 2026, followed by a DFS. These milestones will enable a detailed NPV assessment for the asset; however, our early unrisked valuation estimate is US$940m. When we blend th ....
