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Research Reports for Investors

Breakaway Research reports provide investment advice which is independent of stockbrokers. Our company research reports analyse the current financial and technical information of the company, presenting the findings in an informative, straightforward format, accessible to both current and potential investors.

Commissioned Research Reports

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  • Lepidico Ltd - March 2017 Report

    Lepidico is an ASX listed company owns the L-Max® technology. The Company has undergone several name and personnel changes in recent years to eventually become the vehicle to develop this exciting technology and to become a wor...

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  • Connected IO Limited - February Report 2017

    ConnectedIO manufacture small routers and modems that become physically attached to machines and equipment. The devices allow for the transmission of machine data back to a central operator via a cellular (sim‐card) connection....

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  • TNG Limited - January 2017 Update Report

    TNG is building a major strategic metals business, leveraging off development of its 100%-owned flagship Mount Peake Project. This long-life, low cost Project will produce a suite of high-quality, high-purity products, includin...

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  • Vital Metals Ltd - December Flash Note 2016

    Vital Metals Limited (ASX: VML) is an explorer and developer that is actively advancing a series of highly prospective projects: - the Doulnia Gold Project in southern Burkina Faso, West Africa, which includes the ex...

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  • St George Mining Limited - July Flash Note 2016

    St George Mining Limited is a mining exploration company focused on creating shareholder value through the discovery of world class deposits. Our flagship asset is the 100% owned East Laverton Property in the North-Eastern Gold...

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  • Inca Minerals Limited - June Report 2016

    Inca Minerals Limited has acquired the rich zinc (Zn), silver (Ag) and lead (Pb) Riqueza Project and has dropped the Chanape Project (porphyry)

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  • Walkabout Resources Limited - June 2016 Report

    Perth-based African-focused Walkabout Resources (ASX:WKT) is actively exploring for coal and graphite. The flagship Takatokwane thermal coal asset is the largest in Botswana with an Inferred Resource of 6.88 Bt of thermal coal ...

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  • Marindi Metals Limited - May Report 2016

    Marindi Metals is commencing a 3,000m drilling programme on its highly prospective Newman Zinc Project, located at the northern margin of the Capricorn Orogen in central Western Australia. The Company acquired the project in mi...

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  • Orinoco Gold Limited - May Update Report 2016

      Development of Orinoco’s 70% held Cascavel Gold Project in Brazil is well advanced. However hold-ups in customs clearances have delayed the expected start-up by 4-5 months, with commissioning now expected in the seco...

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  • Altech Chemicals Ltd - May 2016 Update

    Altech Chemicals Limited is aiming to become one of the world's leading producers of 99.99% high purity alumina through the construction and operation of a 4,000tpa HPA manufacturing plant in Malaysia.

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  • White Rock Minerals Ltd - April 2016 Report

    White Rock is an Australian listed minerals exploration company with precious and base metal projects located in northern NSW and central Alaska.

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  • Sumatra Copper and Gold plc - February Update 2016

    Sumatra continues to make excellent progress on its epithermal gold-silver Tembang Project in Indonesia, with practical completion and commissioning completed 8 weeks ahead of schedule and on budget, and with processing at ...

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  • African Energy Resources Limited - February 2016 Report

    African Energy Resources Ldt is focused on the development of multiple integrated power projects in Botswana to meet the increasing demand for power in the southern African region including the Sese coal project.

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  • Orion Gold NL - February 2016 Report

    In Prieska, Orion has the opportunity to acquire a relatively low capex, short term start-up operation that could be a company maker. This is a shrewd move, taking advantage of low asset values to pick up what is potentiall...

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  • Hexagon Resources Limited (Formerly Lamboo Resources Limited) - February Report 2016

    Hexagon Resources Limited is an Australian based exploration company focusing on the delivery of exceptional high purity and highly crystalline flake graphite for use in new technologies.

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  • Aurora Minerals Limited - December 2015 Report

    Aurora Minerals Group of companies spans 3 continents with investment in two gold exploration and development companies and molybdenum-tungsten projects.

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  • Matsa Resources Limited - December 2015 Report

    Matsa is an ASX listed gold and base metal explorer making the transition to gold producer following the exciting acquisition of the Fortitude / Lake Carey gold project.

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  • Transerv Energy Limited - November Flashnote 2015

    Transerv Energy is an ASX-listed company focused on making strategic investments in conventional and unconventional oil and gas projects – a developing area given demand for oil and gas is expected to increase significantly in ...

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  • Thundelarra Limited - November Update 2015

    Ongoing work by Thundelarra continues to confirm the prospectivity of its key projects, with recent drilling returning positive results at several projects. In addition to copper intersections in drilling at Red Bo...

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  • Avalon Minerals Ltd - October Update 2015

    Avalon Minerals Ltd is a mineral exploration and mining project development company with a portfolio of gold, copper and lithium assets in Scandinavia.

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  • Metalicity Limited

    Metalicity Limited (previously PLD Corporation) is now commencing the Scoping Study following completion of the acquisition of the Admiral Bay Zinc deposit, located in the Canning Basin of Western Australia. This is one of the ...

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  • Legend Mining Limited October 2015 Report

    Legend Mining Limited is an Australian exploration company listed on the Australian Securities Exchange (ASX:LEG). Legend's mission is to make value-adding mineral discoveries and utilise all available asset bases to maximise s...

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  • Southern Gold Limited October Report 2015

    Southern Gold is an ASX listed gold explorer operating in Western Australia (Bulong, Cannon Gold Resource, Cowarna) and Cambodia.

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  • Kibaran Resources Limited - September Update Report 2015

    Kibaran Resources Limited (ASX: KNL) is an Australian exploration company focused on unlocking the graphite potential of the mineral-rich landscapes of Tanzania, East Africa.

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  • Anatolia Energy Limited - September Report 2015

    Merged with Anatolia Energy (ASX AEK), Uranium Resources Inc (ASX URI) is focused on advancing to near-term production the Temrezli in-situ recovery project in Central Turkey and also controls extensive exploration properties u...

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  • Phoenix Copper Limited - September Report 2015

    PNX Metals Limited aims to be a sustainable, profitable gold and base metals producer and successful explorer in the Pine Creek region of the Northern Territory.

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  • Kin Mining NL - August 2015 Report

    Kin Mining NL is a recently successfully listed (October 2013) Australian based resource company (ASX,KIN). Recent acquisitions include the Leonora Gold Project, containing a gold inventory in excess of 1 Moz.

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  • Elysium Resources Limited - July 2015 Update

    Elysium Resources Limited (ASX:EYM), with its tenements located in the rich mineral provinces of Australia and Indonesia, is focused on its core business of exploring for large, high quality copper and gold deposits.

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  • Carnavale Resources Limited - July Report 2015

    Carnavale Resources Limited is an Australian exploration company based in Subiaco, Western Australia with a focus on exploration of gold and precious metals.

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  • Ardiden Limited - July Flash Note 2015

    Ardiden is an Australian mineral exploration company running lithium and graphite projects in Ontorio, Canada.

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  • Swala Energy Limited - June Report 2015

    Swala Oil and Gas (Tanzania) plc ("Swala") is a Tanzanian oil and gas exploration company that is actively exploring the East African Rift System.

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  • Ironclad Mining Limited - June 2015 Report

    Tyranna Resources is the result of the merger of Ironclad Mining and Trafford Resources, combining the exploration assets of Trafford with the potential to raise significant cash from the sale of Ironclad’s fixed assets.

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  • Rumble Resources Limited - June Update 2015

    Rumble Resources Limited is an Australian-based mineral exploration (gold and base metals) and development company established for the purpose of acquiring a portfolio of highly prospective exploration projects in Australia and...

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  • Metallica Minerals Limited - May Flash Note 2015

    Metallica Minerals Limited is an Australian bauxite, zircon-rutile, nickel-cobalt-scandium and graphite resource development and exploration company.

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  • Forte Consolidated Limited - May 2015 Update

    Forte holds a number of tenements in North Queensland, and is actively exploring Gold and Silver.

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  • Lincoln Minerals Limited - April 2015 Report

    The Company’s primary Eyre Peninsula focus in 2015 includes enhancing the Company’s graphite and iron ore resources; obtaining a Mining Lease for Lincoln’s flagship Kookaburra Gully Graphite project, just 35 kilometres north of...

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  • Rox Resources Limited - March Update 2015

    Rox Resources Limited (ASX:RXL) is an Australian listed company with advanced base and precious metals exploration projects in Australia: the Mt Fisher Gold and Fisher East Nickel Projects (WA), the Reward Zinc-Lead Project (NT...

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  • Talisman Mining Limited - February 2015 Report

    The recently acquired Sinclair Nickel Project provides Talisman with a unique combination of advanced and highly prospective exploration targets which, with exploration success, can be quickly brought into production through th...

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  • Sheffield Resources Limited - January Update 2015

    Sheffield Resources is a mineral sands (Cooper, Nickel, Gold) focused explorer and developer, headquartered in Perth, Western Australia.

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  • Consolidated Tin Mines Limited - November 2014 Report

    Consolidated Tin Mines is an Australian Securities Exchange listed Company (ASX: CSD) with all operations located near Mount Garnet in North Queensland, Australia. The Company has recently transformed from a tin exploration and...

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  • Adelaide Resources Limited - October Flash Note 2014

    Adelaide Resources' vision is to be a sustainable gold, lithium and copper minerals exploration company providing shareholders with risk managed discovery, development and mining opportunities.

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  • Anova Metals Limited October Report 2014

    Anova Metals Limited is a gold company focused on re-commencing mining operations at its 100% owned Big Springs gold project in north eastern Nevada, USA.

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  • Alligator Energy Ltd September Report 2014

    Alligator Energy Ltd is focused on the discovery of world class high grade, uranium deposits in the Alligator Rivers Uranium Province (ARUP) in the Northern Territory.

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  • Volta Mining Limited - September 2014 Report

    Volta Mining has a quality iron ore exploration portfolio located within highly prospective regions of the Pilbara, WA. A recently completed ‘stage-1’ RC drill program has identified significant widths of DSO qualit...

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  • KBL Mining Limited - August 2014 Report

    KBL Mining Limited is an emerging Mineral Sands producer focused on the development of gold and silver projects.

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  • Tungsten Mining NL - July Update 2014

    Emerging tungsten developer, Tungsten Mining NL (ASX:TGN) is an Australian based resources company listed on the Australian Securities Exchange. The Company’s prime focus is the exploration and development of tungsten projects ...

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  • Horseshoe Metals Limited - June Update 2014

    Horseshoe Metals Limited (ASX: HOR) (“Horseshoe” or “the Company”), through its wholly owned subsidiary, Murchison Copper Mines Pty Ltd, holds a 100% interest in the Horseshoe Lights and Kumarina gold and copper discovery Proj...

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  • King Island Scheelite Limited - April 2014 Report

    King Island Scheelite Limited is an Australian Securities Exchange listed company focused on the exploration, development and production of tungsten deposits.

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  • Carpentaria Exploration Limited - March Report 2014

    Carpentaria Exploration (ASX code: CAP) is an emerging producer of iron ore in eastern Australia.

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  • Auroch Minerals NL - March Update 2014

    Recently released research report updated to reflect ‘feasibility update’ and ‘metallurgical test work’ announcements. Auroch Minerals Manica Gold Project hosts a significant JORC Resource of 48.9Mt @ 1....

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  • Potash West NL - March 2014 Report

    Potash West continues to advance its 100% owned Dinner Hill SSP project, which forms part of the overall Dandaragan Trough project in WA targeting greensands. A scoping study has shown the feasibility of a 20 year, +340,000tpa ...

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  • PLD Corporation Limited - Report March 2014

    PLD is an early stage nickel-copper exploration company with exposure to a highly prospective project located in the Albany-Fraser belt of WA. Shallow RAB drilling at two targets (of 36 identified) demonstrate a geological sett...

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  • Atlantic Gold NL - February Report 2014

    Atlantic Gold Corporation is a well-financed, growth-oriented gold development group with a long term strategy to create a mid-tier gold production group focused on manageable, executable projects in mining-friendly jurisdictions.

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  • Blackham Resources Limited - February 2014 Update

    Blackham Resources Ltd (ASX:BLK) has defined a multi-million gold ounce resource base at the Matilda Gold Project in Western Australia.

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  • Emmerson Resources Limited - February Report 2014

    Emmerson Resources Limited is an ASX listed (ERM) gold resource company that recently (July, 2014) secured a landmark Joint Venture agreement with Evolution Mining (ASX: EVN).

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  • Sundance Resources Ltd - January Report 2014

    Sundance Resources Limited is an international iron ore company which is focused on becoming a world-class producer by developing the Mbalam-Nabeba Iron Ore Project in central west Africa and leading the development of the worl...

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  • Goldminex Resources Ltd - Update December 2013

    Goldminex Resources Limited is an Australian exploration company exploring for nickel copper and gold in the Owen Stanley Range, Papua New Guinea (PNG).

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  • Wolf Minerals Limited - November Update 2013

    Wolf Minerals is an ASX listed specialty metals producer from its operations at Drakelands, a major global tungsten and tin mine in the United Kingdom's Southwest.

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  • Target Energy Limited - September 2013 Update

    Target Energy is a rapidly growing oil and gas producer focussed on the prolific Permian Basin in West Texas. The company has increased its 2P reserves by 887% to 1.2 mmboe (and total reserves and resources by 280% to 2.8 mmbo...

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  • Bligh Resources Limited

    Bligh Resources Limited is a gold and manganese exploration and mining company that delivers returns for its shareholders.

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  • Sirius Resources NL - August Update 2013

    Sirius Resources NL (ASX:SIR) is focused on the Nova Nickel project situated in Western Australia.

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  • Peel Mining Limited - Report August 2013

    Peel Mining Ltd is an Australian company focused on exploring and developing precious, base and specialty metals resources in New South Wales and Western Australia, Australia.

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  • Great Western Exploration Limited - June Update 2013

    Great Western Exploration Ltd (ASX Code: GTE) is an ASX listed company incorporated 2007 based in Western Australia focusing on the discovery of gold in Northern Yilgarn region of Western Australia.

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  • Continental Coal Ltd - March Update 2013

    Continental Coal’s Penumbra mine was recently commissioned and production is set to ramp up as a second continuous miner is installed. The company is well on track to produce 2.2Mt ROM for ~1.8Mt of saleable thermal coal ...

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  • Luiri Gold Limited

    The current management team gained control of the Luiri Hill Gold Project in early 2011, following the Zambian Government cancelling the previous operator’s licence due to non-performance. In order to satisfy the Governme...

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  • Latin Resources Limited

    Latin Resources Limited is an Australian-based minerals exploration company focused on creating shareholder wealth through identification and definition of mineral resources in Latin America. The company has a portfolio of copp...

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  • Empire Resources Limited January 2013 Update

    Empire Resources Limited is an ASX listed and Perth based precious and base metal focused explorer and project developer.

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  • Image Resources NL December 2012 Update

    Image Resources is an emerging Mineral Sands producer focused on the development of its high-grade Boonanarring Project in the North Perth Basin while continuing to expand its resources and reserves base.

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  • Sovereign Gold Company Limited

    Sovereign Gold is an active gold exploration company with its principle assets located in northern NSW, near Armidale. The company recently entered into a JV agreement with a Chinese state owned company which will provide up to...

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  • Celamin Holdings NL

    Celamin Holdings NL (ASX Code CNL) is an ASX listed company focused on the exploration and development of phosphate projects in North Africa initially in Tunisia.

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  • Burleson Energy Limited

    Burleson Energy has four producing vertical wells and has commenced drilling its first horizontal well in the Heintschel field in South Texas, targeting the proven hydrocarbon bearing Wilcox sandstone. Expectations are this wel...

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  • ZYL Limited - August 2012 Update

    ZYL is on track to imminently complete Bankable Feasibility Studies on two of their key projects – Mbila and Kangwane. Initial combined production is targeting ~2.5Mtpa with first coal from Mbila expected Q3 2013. Signifi...

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  • Acer Energy

    Acer Energy will soon commence a drilling and workover campaign, aimed at augmenting already producing assets within the Cooper Basin and increasing the company’s overall proven oil and gas reserves. In the long term, Acer envi...

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  • Celsius Coal Limited - Currently Trading under VRE - View Resources Limited

    Celsius Resources Limited (“Celsius”) is an Australian company (ASX: CLA) that has a clear focus on developing resource (coal and niquel) projects.

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  • Olympus Pacific Minerals

    Besra, formerly known as Olympus Pacific Minera is a gold producer focused on Southeast Asia. With a solid history in Vietnam, where the company has brought two gold mines into production, we are now moving ahead with the devel...

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  • Reed Resources

    Reed Resources Ltd (ASX: RDR) is a diversified junior mining company primarily concerned with the development of its gold (Au), lithium (Li) and vanadium (V) projects in Western Australia. RDR's flagship project is the Meekath...

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  • Strike Energy Limited

    Strike Energy is going through a rebuilding phase as it refocuses market attention away from its traditional USA 'conventional' oil plays and instead towards its large acreage position in Australia's profilic Cooper Basin. The ...

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  • Integra Resources Limited

    Integra Resources Limited (IGR) is primary focus is on exploring gold and advancing its high-grade Lamaque South project.

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  • Strike Resources Limited

    Strike Energy Limited (Strike) is an Australian based, independent oil and gas exploration and production company with a portfolio of assets concentrated in two of the world's leading onshore oil and gas plays.

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  • Siburan Resources Limited

    Siburan Resources is building a portfolio of quality early stage exploration projects in proven mineral districts targeting tungsten, gold, uranium and base metals. Siburan’s low market capitalisation provides considerabl...

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  • Southern Cross Goldfields Ltd

    Southern Cross Goldfields has a specific focus on the Marda region of Western Australia, where it boasts an acreage position of ~3,000 sq km. Mainly due to a fragmented tenement ownership history, Marda has remained a vastly un...

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  • Apollo Minerals

    Apollo Minerals is a base, precious metals & iron ore explorer. AON aims to enhance shareholder value by advancing projects through discovery, development & mining. AON’s exploration strategy targets highly prospective projects...

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  • Midwinter Resources NL

    Midwinter Resources is a company focused on exploration for magnetite iron ore deposits located in the Limpopo province of South Africa. The company has identified a number of magnetic anomalies which have the potential to lea...

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  • Aussie Q Resources Limited

    Aeon Metals Limited is an Australian based mineral exploration company listed on the Australian Stock Exchange. Aeon’s tenements are prospective for Copper, Gold, Lead, Zinc, Cobalt, Molybdenum and Silver.

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