VAC

💭 Verdhana Alpha Capture (VAC)

VAC is a high conviction stock call from Verdhana Strategy Team aimed to gain alpha, and this may differ from the analyst view.

NEW: AMMN

Open: MBMA, NCKL

Thesis for AMMN:

1) Home to Indonesia’s largest copper-gold resource play, representing around 1% of global copper output.

2) Ranked among the world’s top 4 copper assets by reserves, with the Elang project standing out as one of the largest undeveloped open-pit copper mines globally.

3) Potentially 2nd biggest gold producer in Indo (1Moz by 2027, below Freeport 1.6Moz); lowest cash cost globally thanks to gold byproduct