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Archer Exploration Limited (AXE)
is a publicly listed company on the Australian Securities Exchange (ASX).



No News Available


General Overview

About Archer Exploration

Archer is an Adelaide based mineral explorer. The Company has 100% of 16 granted tenements all in South Australia including tenements on Eyre Peninsula and at Leigh Creek, Burra and Wilmington areas.    

Archer has two principal mineral projects; the Campoona, Wilclo South and Sugarloaf graphite deposit); and the Leigh Creek magnesite deposit.   The Company also has a number of promising copper, and gold mineral prospects at varying stages of exploration.

Priority 1 Targets

Archer Graphite Prospect – comprising the Campoona graphite deposits, Wilclo South Flake graphite deposit and the Sugarloaf graphite deposit.

Magnesite - Leigh Creek magnesite is the World’s largest cryptocrystalline magnesite deposit with a JORC (Measured, Indicated and Inferred) Resource of 413Mt grading 41.3% MgO.  

Copper – the historic high grade (8-10% Cu) Spring Creek underground copper mine was abandoned in 1918 when the mine flooded.

Priority 2 Targets

Gold - sheeted quartz vein hosted gold within siltstones / sandstones at Wonna near Burra and at Riverton within the Watervale Sandstone.

Manganese - 7 manganese prospects including Salt Creek near Cleve and the Ketchowla manganese deposits near Burra. Outcropping >25% Mn with attendant high grade REEs and Ni; Co; Cu and Zn.


Priority 1 Target - Archer Graphite


Archer lodged a Draft Mine Lease Proposal to government on 14th May 2015 covering the mining of up to 1.65 million tonnes of graphite ore from the Campoona Shaft graphite deposit and processing the ore on the Company’s own land at Sugarloaf near Darke Peak on Eyre Peninsula South Australia to produce 10,000 tonnes of high purity battery-grade graphite (>98.5% Cg) per year. The Company anticipates gaining all necessary government approvals for the project by the end of calendar 2015.

Whilst Campoona Shaft will form the initial mining focus Archer has two additional graphite deposits and multiple drilled graphite prospects within a 2,154 km2 land holding. The combined Resources within the three graphite deposits (Campoona Shaft, Central Campoona and Wilclo South) form Australia’s largest JORC 2012 Resource of 8.55 Mt grading 8.8% Cg for 770,800 tonnes of contained graphite (using a 5% Cg lower cut-off grade).

Waddikee EL4662 hosts the Wilclo South graphite deposit and several graphite prospects including Wilclo, Balumbah, Francis, Ridgestone, Cut-Snake, Argent and Lacroma. Importantly Wilclo South and most of the graphite prospects contain flake graphite (Extra

Large, Large, Medium and Fine flake) complimenting the fine crystalline graphite at Campoona.

Archer's Eyre Peninsular Graphite Project

Archer’s Eyre Peninsula Graphite Project encompasses seven tenements (EL 4693 Wildhorse Plain, EL4861 Carappee Hill; EL 5434 North Cowell; EL 5383 Mt Messenger; EL 4673 Mt Shannan; EL4893 Cleve West and EL4662 Waddikee.

Figure 1. Archer’s Eyre Peninsula Graphite Project tenements

Campoona Shaft


The Campoona Shaft graphite deposit outcrops along a north east strike and dips steeply to the northwest. The main zone is around 20m to 50 m thick and the overall vertical depth is at least 80 m to 100 m, with no signs of thinning. The upper 5 m is a highly graphitic weathered zone.

Campoona Shaft deposit extends beyond what is proposed in this MLP to be mined. The minimum strike length is 600 m. The deposit shows a strike potential of over 6 km, representing a significant future opportunity, however the early stage of investigation precludes it from mining at this time.

The highly graphitic zone passes into highly weathered, porous quartz, graphite, kaolin, tourmaline, and may also include iron oxides (goethite and hematite), where all feldspar has been converted to kaolin with or without illite. The graphitic schist becomes more competent with depth; however, strong weathering persists to at least 100 m bgl which is the expected maximum depth of the mine. Sulphide in the form of pyrite occurs irregularly in trace quantities and the likelihood of encountering potential acid forming material is low.

Figure 2. Campoona Shaft Schematic Long Section

Graphite Resources

On the 6th August 2014 the Company announced the updated JORC 2012 Resource, shown in Table 2 below.

Table 2. JORC 2012 Graphite Resources (5% Cg cut-off)

The combined Resource including Wilclo South represents the largest JORC 2012 Graphite Resource in Australia.
Campoona Shaft Drilling
Campoona Shaft has been drilled on a nominal 50m x 20m grid pattern using RC drilling. The RC drilling was complemented by drilling 5 diamond drill holes to recover undisturbed sample for metallurgical evaluation.
Geotechnical diamond drilling was then completed at the Campoona Shaft deposit to enable detailed assessment of the geotechnical characteristics of the deposit and host weathered granitic proto gneiss. Three diamond holes for 297m were drilled at Campoona Shaft to provide geotechnical data to enable detailed pit design to proceed.

Plate 1. CSGT14_001 core from 25m

Plate 2. CSGT_001 core from 50-51m downhole

Additionally four 22.9cm diameter auger holes were drilled along the strike of the graphite body to a depth of 30m (Plate 3 below is an example of one of these holes). Approximately 4.5 tonnes of graphite ore was recovered from these holes which represents run-of-mine feedstock for the first 5 years of the project’s planned mine life. The ore recovered formed the basis of detailed upscale and bulk metallurgical testing.

Plate 3. Collar of CSAug14_002

Figure 3. Location of Geotechnical (GT) and Auger (Aug) holes at Campoona Shaft

  1. Campoona Metallurgy
    Flotation concentrates grading 97.5% - 98.5% Cg have been produced for marketing purposes. Marketing assessment is continuing.

    Leaching techniques were developed in-house. Initial trials used varying concentrations of HF in line with published research. HF is effective in the dissolution of remnant mineral compounds that are Campoona’s main trace contaminants in the high purity concentrates.

    The successfully cleaned graphite samples were then ashed to determine pre-acid and post-acid cleaning ash to give a good indication of the effectiveness of the acid cleaning.

    Table 3. Leach results for Campoona Shaft graphite

    Chemical cleaning methods for bulk float concentrates or flotation-re-cleaned bulk float concentrates can achieve TC% levels of >99.5%. Testing of this concentrate has shown the fine graphite to be well suited for lithium-ion batteries.

    Campoona Shaft Mining Lease Proposal

    The aim of the Mining Lease Proposal (MARP) is to facilitate consultation across a wide stakeholder base to identify the risks inherent in the proposal, and propose a set of credible outcomes that are likely to be acceptable to the majority of stakeholders, and at least demonstrate a net public benefit if the proposal were to proceed.

    The aim of the MARP is to demonstrate that the outcomes proposed as part of the lease application can be achieved. More detail is required on control measures, the development of measurable criteria to demonstrate clear and unambiguous achievement of the outcomes, and to demonstrate the management capability of the mining operator.

    The MLP Submission has to be prepared in accordance with approved guidelines. The MLP must include a description of the environment, a description of the mining and processing operations, aspect and impact identification and initial risk assessment (including stakeholder concerns), outcomes to be achieved including mine closure, the development of control measures, assessment of residual risk, criteria to measure outcomes and management capability.

    The second submission termed a Program of Environmental Protection and Rehabilitation (PEPR). A PEPR should identify all relevant environmental, social and economic impact events that may result from the proposed exploration activities and how each of the identified impacts will be managed or avoided.

    Archer lodged a Draft Mine Lease Proposal to government on 14th May 2015 covering the mining of up to 1.65 million tonnes of graphite ore from the Campoona Shaft graphite deposit and processing the ore on the Company’s own land at Sugarloaf near Darke Peak to produce 10,000 tonnes of high purity battery-grade graphite (>98.5% Cg) per year.

    The Draft MLP will be reviewed and comments incorporated into the final submission likely to be in August 2015. Archer expects that subject to feedback on the Draft MLP that the MLP could be approved during Q1 calendar 2016. The PEPR will be submitted at the same time as the final MLP.

    Table 3. Campoona Shaft MLP activities

    The Campoona Shaft Mining Lease Proposal covers the open pit mine at Campoona Shaft, the processing facility at Sugarloaf and the Pindari saline process water aquifer (Figure 4).

    Figure 4. Location plan showing the three key elements of the Campoona Shaft MLP – Campoona Shaft, the Sugarloaf Processing Facility and the Pindari process water aquifer

    The proposed ML for Campoona Shaft covers an area of approximately 65 ha for mining and stockpiling in the existing grazing and crop land. The open pit shaft covers an area of approximately 10.2 ha.

    The identified JORC resource is approximately 100 m deep, 20 m to 50 m wide, 600 m long, and dips to the west. The graphite deposit lies less than 2 m bgl and the base of complete oxidation is approximately 50 m to 60 m bgl. It is expected that mining could continue to around 100 m bgl in areas of partial oxidation.

    Mining is proposed to occur in campaigns during autumn and spring during daytime hours only, although processing will occur year round. It is expected that the pit will be conducted as a free dig operation as the rock is relatively soft, although becomes more competent with depth. Should blasting be required, it will be at a depth congruent with increasing competency of the mineralization (estimated to be approximately 50 m to 60 m bgl). Harder ‘transition’ rock may be encountered above this depth where blasting may also be required.

    Figure 5. View of open cut layout looking north showing the open pit (in white), the eastern waste rock noise bund (to the right) of the open pit and the western waste rock storage facility to the left of the pit. Pit contains 1,700,000 tonnes of ROM graphite

    Overburden material will be stored adjacent to the pit in the eastern and western Waste Rock Storage Facilities (WRSF) which will also provide amenity screening.

    The mined graphite ore (iup to 140,000tpa) will be stored on the ROM pad at Campoona Shaft prior to being transported in B-Double trucks to the processing facility at MPL (Sugarloaf.

    Mined graphite ore will be trucked on as as needed basis to the Sugarloaf processing facility.

    The graphite concentrate production process is summarised below:

    1. Reclaim plant feed from the blended ore stockpiled on the ROM pad.
    2. Feed the crushing circuit with tyred loader via a dump hopper. The double roller Roll crusher breaks the ore to (nominally) less than 32 mm.
    3. Crushed ore is blunged into a slurry and washed through a vibrating screen remove oversize materials.
    4. Transfer the slurry to the flotation circuit.
      • Flash float to produces a concentrate that is directed to the milling and thence to cleaning cells
      • Roughing flotation units recover the majority of the graphite.
      • Scavenger flotation to recover further graphite from the rougher tailings.
      • The combined and densified coarse concentrate from the flash,rougher and scavenger flotation cells are passed through the concentrate mill and then to the cleaning circuits.
      • A two or three stage cleaning flotation process further removes the undesirable minerals from the concentrate. The tailings from the cleaners are redirected to the rougher feed.
    5. Concentrate and tailings are separately thickened to increase solid content. Sedimentation forms thick slurry, with recovered water flowing to the process water pond for recycling.
    6. The concentrate thickening process is followed by further densification and washing of the slurry in a centrifuge and then an acid leaching process to produce a greater purity graphite concentrate.
    7. The thickened concentrate is processed in a centrifuge to reduce the moisture content to around 30%. Multi-stage thickening or decantation may be an alternative route for concentrate washing.
    8. The solids are then repulped to achieve a solids content of around 20-25% using a leach liquor of diluted and recycled hydrofluoric acid. Acid dosing will achieve a hydrofluoric acid concentration of around 5-8% to complete the dissolution of silicate minerals to raise the purity of the concentrate.
    9. The leach liquor and slurry are heated using immersion heaters to achieve a temperature of around 95°C and remain in tanks for a residence time of about 1-2 hours, and then the slurry is pumped to a heat exchanger using process water to cool to around 40°C.
    10. Spent liquor is recycled to the leach feed repulp tank. Remaining acid in spent leach liquor is neutralised with limestone and/or lime before it is mixed with thickened flotation tails discharged to the tailings storage facility (TSF). Vapours from the leach circuit are ducted then treated via scrubbers to capture, filter and clean ventgas by passing it through hydrated lime slurry, removing acid from the vapour and hence release to the atmosphere.
    11. Thickened tails slurry and neutral leach discharge are mixed and directed to the TSF.
    12. The solids spread in thin layers within the TSF to form beaches, decant water is collected and the water is recycled to the process water pond.
    13. Following the leach process, the thickened concentrate is transferred to a centrifuge for washing and densification and then to dryers to remove the remaining water content.
    14. The graphite concentrate product is stored in silos for bagging, containerization and transport to market.

Figure 6. Sugarloaf processing facility site layout

Figure 7. Sugarloaf process flowsheet

Process Water
A large fractured rock aquifer has been defined at Pindari which lies 10 kilometres north of the Sugarloaf processing site. The water present is saline (22,500ppm TDS) and has no alternate beneficial use. Two abstraction bores were developed and monitoring bores established to monitor drawdown during pump testing. Pump testing over 48 hours tested a number of abstraction rates ranging from 3-7 litres per second. Drawdown stopped at abstraction rates of 5 litres per second with recharge occurred below 4 litres per second. The testing indicated sustainable abstraction rates in advance of the 100ML/yr process water requirements for Campoona Shaft graphite processing. Following the initial year of operation decant water from the tailings storage facility is expected to return 40ML/yr to the plant for reuse.

Figure 8. Location plan showing Pindari Borefield and proposed pipeline route to Sugarloaf

Plate 4. Pindari production water bore (foreground) and monitoring bore

Land Acquisition
A Sale Agreement has been signed with the landowner covering the purchase of land sufficient to complete mining of the Campoona Shaft resource. This is to compliment the already owned Sugarloaf property which will host the location of processing facilities.

Figure 9. Archer’s Eyre Peninsula land ownership

  1. Central Campoona Resources

    The Central Campoona resource was initially updated and reported on the 18th February 2014, subsequent to this a total of 28 Reverse Circulation (RC) holes (1,447m) were drilled in early 2014. The purpose of the holes was to provide additional geological data and assay data to improve the estimation confidence which has resulted in the current JORC 2012 Graphite Resources.

    One diamond hole (60m) was also completed during the program at Campoona Central for the purpose of collecting metallurgical samples.

    A plan view of drill hole locations is presented below (Figure 10), along with some of the sections being reported (Sections 1 to 3).

    Figure 10. Central Campoona drill layout

    Section 1 Central Campoona

    Section 3 Central Campoona

    Central Campoona drill intervals above 10%Cg (graphitic carbon) are presented in Table 4 below.
    Table 4. Central Campoona drill intervals reporting above 10%Cg

    Waddikee EL4662

    On the 23rd July 2014, Archer announced the completion of the purchase of the Waddikee tenement (EL 4662) from Monax Mining Ltd. The purchase included the Wilclo South Deposit, a JORC 2012 Inferred Resource of 6.38 million tonnes grading 8.8% Cg (using a 5% Cg lower cut-off grade) for over 561,000 tonnes of contained graphite in Resource.
    Waddikee EL4662 is located between the townships of Cleve and Kimba on central Eyre Peninsula (Figure 3). The 999km2 tenement is situated immediately north of Archer’s main graphite interests on EL4693 Wildhorse Plain. Waddikee is highly prospective for graphite, manganese, iron (magnetite and hematite), gold, base metals (Ag-Pb-Zn-Cu) and uranium.

    Figure 11. Electromagnetic image of EL4662 showing main graphite deposits

    Waddikee has a number of graphite deposits and prospects that have been evaluated using combinations of geophysics (airborne magnetic and electromagnetic surveys) rock chip sampling, detailed petrology and drilling.

    Rock chip sampling by Monax returned high grade graphite at the Argent, Wilclo, Cut Snake, Balumbah and Lacroma prospects.

    Petrology from several samples showed the presence of large and jumbo flake graphite at the Argent, Balumbah and Cut Snake prospects.

    The graphite morphology at Waddikee contrasts to that at Campoona. Graphite at Waddikee is:

    1. Clearly coarser than at Campoona with flake graphite mostly exceeding 200µm with some flake exceeding 500µm.
    2. Flake graphite occurs as individual coarse flakes, as aggregates of flakes and as massive graphite aggregates.
    3. Apart from flake graphite also occurs as finer ragged flake aggregates of various sizes.

    Plate 5. Sample 28736 Hole WG103, 33- 34m. (PPL), (Xnic). Schistose graphite within metamorphic mosaic of white ghost-like clays ex-felspar (± minor micas). Accessory interstitial quartz.

    Plate 6. Sample 28731, Hole WG091, 44-46m Composite particle with 35% graphite in a host rock of yellow iron-stained clay, minor white clay and quartz

    Plate 7. Sample 28731, Hole WG091 44-46m. Example of four liberated graphite particles, and three composite together with small areas of silicate host rock. Note bar scale 500µm.

    Plate 8. Sample 28727, Hole WG090, 74-75m. Large liberated flake, (x20), scale bar 500µm.

    Plate 9. Sample 28718, Hole WG044, 73-74m. (PPL), (Xnic). Graphite scattered as individuals and composites, all enclosed within ochreous-red ferruginised ex-feldspars and local micas.

    Plate 10. Flake aggregates from RC drill hole WG041 (98-99m)

    The rock chip sampling and detailed petrology has been supported by airborne magnetic and electromagnetic (AEM) data that showed that each of the graphite prospects was located within areas of linear conductive features.

    Subsequent work by Monax increased the number of graphite prospects to eight.

    Wilclo South 2012 JORC Inferred Resource

    In February 2013 Monax completed 77 reverse circulation drill holes for 7,307 metres over 1.4km of the Wilclo South graphite prospect. The drilling identified multiple shallow dipping graphite horizons.

    On the 26th August 2013 Monax announced a Maiden total combined JORC 2012 Inferred Resource of 6.38 million tonnes grading 8.8% Cg (approximately 550,000 of contained graphite) at a lower cut-off grade of 5% Cg.

    Drilling was conducted on a combination of 200 metre, 100 metre and 75 metre line spacings. All resources at Wilclo South are classified Inferred.

    Table 5. Wilclo South Inferred Mineral Resources (>5% Cg cut-off)

    *This information was prepared and first disclosed under the JORC Code 2014 (Monax Mining Limited, ASX Announcement 26th August 2013). It has not been updated since on the basis that the information has not materially changed since it was last reported.

    Wilclo South currently contains over 560,000 tonnes of graphite. The deposit is open to both the north and south. It is reasonable to expect that additional drilling at Wilclo South will increase the graphite inventory.
    Wilclo South and Francis Indicative Flake Distribution
    Sample was collected from selected drill holes at Wilclo South and Francis. Metallurgical testing used conventional flotation and tabling to produce a full range of flake graphite (see Table 6) below. Approximately 50% of graphite reported as flake.

    Other Waddikee Prospects

    The Francis deposit contains very high grade graphite intercepts including 15m @ 20.7% TGG; 12m @ 21.9% TGC; 3m @ 22.2% TGC, and 2m @ 25.0% TGC. The intercepts are downhole intervals and may have intersected the mineralisation at a high angle.

    Drilling at Lacroma also returned solid intercepts including 60m @ 6.8% TGC. The graphite from the limited petrology undertaken suggests very fine graphite.

    Rock chip sampling at Balumbah returned grades in excess of 13.7% TGC but importantly petrology recorded very coarse flake graphite.
    The airborne EM data suggests that there are several kilometres of prospective linear conductors that remain to be drill tested.

    Priority 1 Target – Leigh Creek Magnesite

    Archer through its wholly owned subsidiary Leigh Creek Magnesite Pty Ltd owns the Leigh Creek magnesite deposit which at 453 million tonnes grading 41.4% MgO is the world’s largest cryptocrystalline magnesite deposit.

    Archer owns Exploration Licence EL 4567 (Termination Hill) and Exploration Licence EL 4729 (Witchelina) in the state of South Australia, Australia. EL 4567 was granted by the Government of South Australia in September 2010 and covers an area of 542km². It includes the Mount Hutton South, Mount Hutton, Mount Playfair, Pug Hill and Termination Hill magnesite resources. EL 4729 was granted by the Government of South Australia in May 2011 and covers an area of 452km². It includes the Witchelina magnesite resource.

    Figure 1. Archer’s mineral tenements at Leigh Creek

    The Deposits are located near the established coal mining town of Leigh Creek, approximately 260km north of the industrial city of Port Augusta, 350km north of the industrial city of Port Pirie and 570km north of Adelaide.

    Figure 2 LCM Project Location

    The Leigh Creek region has been mined for magnesite since the early 1900’s. However, these operations have typically been on an irregular and small scale basis. More recently, during the late 1990’s and early 2000’s, Magnesium Developments Limited (“MDL”) and associated companies undertook significant exploration, environmental and project study work to complete a Bankable Feasibility Study (BFS) to construct a 50,000tpa magnesium metal project using magnesite resources extracted from the deposits (the MDL Project). While the MDL Project ultimately did not proceed, the extensive exploration work that was carried out on the Deposits, as part of the BFS, identified a JORC Resource of 453 million tonnes grading 40-43% MgO, making the deposits the largest known high value cryptocrystalline magnesite resource in the world.
    Archer has undertaken further geological, technological and marketing due diligence to develop an indicative project concept for the production of Caustic Calcined Magnesia (CCM) for supply into high value, high growth market applications.
    The proposed Archer Project involves a relatively straightforward open cut mining operation followed by on-site crushing and screening beneficiation. The mining operation could use contract

    mining services to reduce upfront capital expenditure. Detailed geological data, mine reserves calculations, mine pit design, waste dump design, mining schedule plans, environmental baseline studies and risk analysis currently exist to support the startup of mining operations and could be quickly updated. The two types of magnesite are defined by their crystal size – cryptocrystalline (amorphous or fine size crystal typically 1-10 microns) and macrocrystalline (sparry or large size crystal up to several centimetres). The following Scanning Electron Microscopy (SEM) image clearly shows the fine crystal structure of cryptocrystalline magnesite at high levels of magnification. The macrocrystalline crystal is so much larger that it does not fit in the image frame.

    Cryptocrystalline magnesite is a unique and scarce mineral and accounts for only 7% of the world’s total magnesite resources. Cryptocrystalline magnesite only exists in a small number of countries and typically in much smaller deposits than macrocrystalline magnesite with the main deposits occurring in Australia and Turkey. Australia has 58% of the world’s cryptocrystalline magnesite resources and the Leigh Creek Deposits are the major component of these and account for almost 50% of total global cryptocrystalline resources. The Leigh Creek Deposits are by far the largest known of their kind in the world.

    CCM could be produced using conventional, reliable and proven Herreshoff multiple hearth furnace (MHF) technology. Metallurgical testwork indicates the simple crushing and screening process will, after calcination, produce a CCM with MgO> 95.0%, SiO2< 2.5% and CaO< 1.5% and be suitable for a range of market applications.

    The Deposits are strategically located and are within close proximity to industrial infrastructure. The town of Leigh Creek is connected to Port Augusta and Port Pirie by a standard gauge rail line and all weather bitumen roads. Port Pirie is the preferred location to build the magnesia processing plant and has access to bulk shipping facilities, national rail and road infrastructure, natural gas, power and skilled labour. Adelaide is also connected to Port Pirie by a standard gauge rail line and all weather bitumen roads and provides access to container shipping facilities.

    The LCM Project marketing plan is based on selling 125-250ktpa of CCM with the key target market being the high growth, high value and high margin metal precipitation applications segment. The remaining sales will be into waste and water treatment applications, plant and animal nutrition, iron and steel fluxing and pulp and paper/cellulose applications. Target markets are geographically close and can be efficiently accessed.

    Plate 1. Magnesite beds (white) interbedded with dolomite beds (light brown) within MDL’s former Myrtle Springs mine. Despite this photo being of the nearby Myrtle Springs mine, the geology, including magnesite and dolomite disposition, is the same as the stratigraphy at Mt Hutton.

    History of Archer’s Tenements

    In February 2010 Archer identified that the ground formerly covered by MDL’s ML6092 was open for mining and on 9th February 2010 applied for an Exploration Licence. Termination Hill EL4567 was granted on 20th September 2010. EL4567 includes the ground the subject of MDL’s former ML6092. Archer subsequently applied for and was granted EL4729 Witchelina in 2011.

    Under ownership of EL4567 Termination Hill Archer has the right to explore for and then apply for Mineral Claims and Mining Leases in order to develop magnesite occurring on the tenement.

    Archer’s goal is to mine magnesite at Mt Hutton and produce magnesia.

    Archer has maintained EL4567and EL4729 in good standing since the date of initial grant and met all statutory requirements.

    The first deposit to be developed is Mt Hutton.

    • Mt Hutton hosts a JORC resource of 113 million tonnes of high magnesium – low calcium magnesite and is the most important magnesite resource at Leigh Creek.
    • Mt Hutton represents the most advanced magnesite deposit within the overall Leigh Creek magnesite deposits owned by Archer.
    • Mt Hutton is the closest deposit and most easily accessed deposit to Leigh Creek providing the excellent transport logistics.
    • Mt Hutton has remarkably consistent and continuous beds of high quality magnesite.
    • Mt Hutton has been the subject of comprehensive studies that were sufficient to have a Mining Lease granted historically. Whilst the Mining Lease was surrendered by the former project owner in 2009, the studies to support a new Mining lease Application remain valid and are available for resubmission. Archer also has a fully documented Extractive Mineral Licence application suitable for submission for project approval.

    Archer's Leigh Creek magnesite deposits have several significant comparative advantages:

    • The adage 'grade is king' remains as true today as ever before. Grade can overcome a myriad of obstacles and provide the opera  tor with the financial cushion needed to ride out periodic price cycles. Archer's Leigh Creek magnesite resources, with an average grade of 41.4% MgO, has grade on its side.
    • A large magnesia operation by world standards would be an operation producing 150,000tpa of CCM. Such an operation would require around 315,000tpa of magnesite feed. With JORC resources of 413Mt it is not difficult to realize that the Leigh Creek magnesite resources represent an 'almost inexhaustible' source of high grade magnesia.
    • The Mt Hutton deposit lies within 20km of the privately owned Leigh Creek to Port Augusta standard gauge rail line potentially providing an efficient supply chain. With a JORC Reserve of 7Mt, Mt Hutton alone could support a large magnesia operation (150,000tpa CCM) for over 20 years.

    The Company acknowledges that having 100% ownership broadens the opportunity to consider partnerships to co-develop the project.

    Additional Tenure

    Archer has a granted Exploration Licence EL5553 for ground east of Pt Pirie covering magnesite beds at Collaby Hill. Collaby Hill contains magnesite beds that strike for over +10km. The tenement is likely to be an important addition to Leigh Creek offering high grade, low silica magnesite within 15 kilometres of Port Pirie.

    Figure 4. ELA 2014/70 Collaby Hill

    Exploration in 2005 was limited to surface sampling of magnesite which indicated Collaby Hill magnesite was higher in grade (MgO) that Mt Hutton and had low silica levels. The exploration was conducted by MDL as part of that company’s plans for an alternative source of magnesite to Mt Hutton. Drilling was not conducted.

    The Collaby Hill tenement has significant potential to compliment the deposits at Mt Hutton, Pug Hill, Mt Playfair, Termination Hill and Witchelina.

    Priority 1 Target - Copper
    Spring Creek

    The historic Spring Creek copper mine is located 30km south of the township of Wilmington, South Australia.
    Copper mining ceased in 1918 when the mine de-watering pump failed and the mine flooded. The government of the day determined that the operator had 12 months to reactivate the mine or face forfeiture. Pumps failed again and the mine was relinquished.

    The historic mining records at Spring Creek document what can be described as a classic supergene copper profile with the uppermost portion comprised solely of copper carbonates malachite (CuCO3•Cu(OH)2) and azurite (2CuCO3·Cu(OH)2) which pass vertically into copper oxides cuprite (Cu2O) and native copper (Cu) before passing vertically into transition sulphide zone consisting of chalcocite (Cu2S), and covellite (CuS).

    Primary sulphides were never encountered meaning that the primary mineralisation which was the source of the copper that was mined is likely to occur at depth below the flooded workings. Archer expects that because of this that “unmined” intact and high grade copper mineralisation is likely to be found below the stopes.

    The mine comprises a series of drives coming off an adit cut into a hill face, figure 1. Only the upper level was accessed. From these different drives a number of stopes are observed that were historically;

    • Accessed by winzes to lower levels
    • Mined down to the main drive from the surface

    The main copper lodes at the historic Spring Creek Copper Mine are contained within an intense east-west striking quartz-rich hematite breccia within a ferruginous siltstone. Lower grade copper occurs as blebs and joint/fracture coatings within a “halo” around the mined stopes. The style of mineralisation is not strictly limited to the stratigraphy as mineralised lenses are cross cutting and plunge within the breccia itself. Sampling identified a ˜2% Cu halo consisting of copper carbonate (malachite and azurite) outside of the main stopes including:

      • 2m @ 1.8% Cu across drive 1
      • 4m @ 3.0% Cu across drive 1a
      • 10m @ 1.3% Cu along drive 2, and
      • 12m @ 1.9% Cu along drive 3a
    • Point sampling of pillars within one stope indicated grades over 8% Cu – mirroring the reported grades from the mine.
    • Presence of copper outside of main stopes highlights potential for new copper lodes to be intersected below the sampled drives.
    • Archer plans to drill test the copper mineralisation in FY 2016.

    Figure 1. Plan view of underground workings, face and point sampling copper assays.

    Priority 2 Targets
    Archer has a number of Priority 2 targets including:

    Gold - sheeted quartz vein hosted gold within siltstones / sandstones at Wonna near Burra and at Riverton within the Watervale Sandstone.

    Manganese - 7 manganese prospects including Salt Creek near Cleve and the Ketchowla manganese eposits near Burra. Outcropping >25% Mn with attendant high grade REEs and Ni; Co; Cu and Zn.

    Summaries of these and other targets including nickel, coal/gas and barite can be obtained from Archer's website at

    Price History

    52 Week High Change from 52 Week High % Change from 52 Week High 52 Week Low Change from 52 Week Low % Change from 52 Week Low
    ${{quote["Year's High"]}} ${{(quote["Historic Close"] - quote["Year's High"]) | setDecimalCheckForNa}} {{(((quote["Historic Close"] / quote["Year's High"]) - 1) * 100) | setDecimalCheckForNa}}% ${{quote["Year's Low"] | setDecimalCheckForNa}} ${{(quote["Historic Close"] - quote["Year's Low"])| setDecimalCheckForNa}} {{(((quote["Historic Close"] / quote["Year's Low"]) - 1) * 100) | setDecimalCheckForNa}}%
    Date Open High Low Close Volume

    Upcoming Dividends

    Organization Details RIC Dividend Amount Ex Dividend Date Dividend Payment Date Yield Franking % Earnings Current Price
    {{UpcomingDividends[0]['Display Name']}} {{UpcomingDividends[0].RIC}} {{UpcomingDividends[0].Dividend}} {{UpcomingDividends[0]['Ex-Dividend Date']}} {{UpcomingDividends[0]['Dividend Date']}} {{UpcomingDividends[0]['Yield']}} {{UpcomingDividends[0]['GEN VAL2']}} {{UpcomingDividends[0].Earnings}} {{UpcomingDividends[0]['CF Last Price']}}
    The next upcoming dividend date has not yet been announced - Please watch this place for updated dividend information

    Historical Dividends

    Dividend Yield Dividend Yield (5 Yr Avg) ISIN Stock Code (RIC) SEDOL Dividend Currency
    {{ratios.Valuation.DivYield_CurTTM.Value | setDecimalCheckForNa}} {{ratios.Valuation.YLD5YAVG.Value | setDecimalCheckForNa}} {{Dividends[0].ISIN}} {{Dividends[0].RIC}} {{Dividends[0].SEDOL}} {{Dividends[0].DividendCurrency != '' ? Dividends[0].DividendCurrency : '-'}}
    Year CorpActID DPTD DivAnnDate DivExDate DivPayDate DTMD DivRate DRD DRPrice DTMD DTMD Frank%
    {{item.DividendExDate == '01/01/1900' ? '-' : item.DividendExDate| date : 'dd/MM/yyyy'}} {{item.CorporateActionsID}} {{item.DividendPaymentTypeDescription}} {{item.DividendAnnoucementDate == '00/01/1900' ? '-' : item.DividendAnnoucementDate| date : 'dd/MM/yyyy'}} {{item.DividendExDate == '01/01/1900' ? '-' : item.DividendExDate| date : 'dd/MM/yyyy'}} {{item.DividendPayDate == '01/01/1900' ? '-' : item.DividendPayDate| date : 'dd/MM/yyyy'}} {{item.DividendTypeMarkerDescription}} {{item.DividendRate != '0' ? item.DividendRate : '-'}} {{item.DividendReinvestmentDeadline == '01/01/1900' ? '-' : item.DividendReinvestmentDeadline| date : 'dd/MM/yyyy'}} {{item.DividendReinvestmentPrice != '0' ? item.DividendReinvestmentPrice : '-'}} {{item.DividendTaxMarkerDescription != '' ? item.DividendTaxMarkerDescription : '-'}} {{item.DividendTaxRate != '0' ? item.DividendTaxRate :'-'}} {{item.FrankingPercent != '0' ? item.FrankingPercent : '-'}}

    Share Statistics

      Revenue/Share Free Cash Flow Per Share Cash Flow Per Share Book Value Per Share Book Value(tangible) Per Share Cash Per Share
    Most Recent Quarter - - - {{ratios['Per share data'].QBVPS.Value | setDecimalCheckForNa}} {{ratios['Per share data'].QTANBVPS.Value | setDecimalCheckForNa}} {{ratios['Per share data'].QCSHPS.Value | setDecimalCheckForNa}}
    Most Recent Fiscal Year {{ratios['Per share data'].AREVPS.Value | setDecimalCheckForNa}} - {{ratios['Per share data'].ACFSHR.Value | setDecimalCheckForNa}} {{ratios['Per share data'].ABVPS.Value | setDecimalCheckForNa}} {{ratios['Per share data'].ATANBVPS.Value | setDecimalCheckForNa}} {{ratios['Per share data'].ACSHPS.Value | setDecimalCheckForNa}}
    Trailing 12 Months {{ratios['Per share data'].TTMREVPS.Value | setDecimalCheckForNa}} {{ratios['Per share data'].TTMFCFSHR.Value | setDecimalCheckForNa}} {{ratios['Per share data'].TTMCFSHR.Value | setDecimalCheckForNa}} - - -
      Dividend Per Share EPS Normalized EPS Basic Exluding Extraordinary Items EPS Including Extraordinary Items EPS Excluding Extraordinary Items EBITD Per Share
    Most Recent Fiscal Year {{ratios['Per share data'].ADIVSHR.Value | setDecimalCheckForNa}} {{ratios['Per share data'].AEPSNORM.Value | setDecimalCheckForNa}} {{ratios['Per share data'].ABEPSXCLXO.Value | setDecimalCheckForNa}} {{ratios['Per share data'].AEPSINCLXO.Value | setDecimalCheckForNa}} {{ratios['Per share data'].AEPSXCLXOR.Value | setDecimalCheckForNa}} -
    Trailing 12 Months {{ratios['Per share data'].TTMDIVSHR.Value | setDecimalCheckForNa}} - {{ratios['Per share data'].TTMBEPSXCL.Value | setDecimalCheckForNa}} {{ratios['Per share data'].TTMEPSINCX.Value | setDecimalCheckForNa}} {{ratios['Per share data'].TTMEPSXCLX.Value | setDecimalCheckForNa}} {{ratios['Per share data'].TTMEBITDPS.Value | setDecimalCheckForNa}}
    5 Year Average {{ratios['Per share data'].ADIV5YAVG.Value | setDecimalCheckForNa}} - - - - -
    Avg Vol(3 month) Avg Vol(10 day) Shares Outstanding Float % Held by Insiders % Held by Institutions Shares Short Shares Ratio Short % of Float Shares Short(prior month)
    {{ratios['Price and Volume'].VOL3MAVG.Value | checkForNa}} {{ratios['Price and Volume'].VOL10DAVG.Value | checkForNa}} - - - - - - - -
    Common Shareholders Shares Outstanding Shares Issued Float
    {{generalInfo.CompanyGeneralInfo.CommonShareholders.Value | checkForNa}} {{sharesIssuedData.SharesOut | abbreviateNumber | checkForNa}} {{sharesIssuedData.SharesIssued | abbreviateNumber | checkForNa}} {{sharesIssuedData.Float | abbreviateNumber | checkForNa}}
    Index Code Index name
    {{item}} {{generalInfo.IndexMembership[item]}}
    N/A N/A
    Order Industry Type Code Mnemonic Reported
    {{detail.Order | checkForNa}} {{detail.Description | checkForNa}} {{industry | checkForNa}} {{detail.Code | checkForNa}} {{detail.Mnemonic | checkForNa}}

    Valuation Ratios

      P/E excluding extraordinary items P/E Normalized P/E Basic excluding extraordinary items P/E excluding extraordinary items high P/E excluding extraordinary items low P/E including extraordinary items
    Most Recent Fiscal Year {{ratios.Valuation.APEEXCLXOR.Value | setDecimalCheckForNa}} {{ratios.Valuation.APENORM.Value | setDecimalCheckForNa}} - - - -
    TTM {{ratios.Valuation.PEEXCLXOR.Value | setDecimalCheckForNa}} - {{ratios.Valuation.PEBEXCLXOR.Value | setDecimalCheckForNa}} {{ratios.Valuation.TTMPEHIGH.Value | setDecimalCheckForNa}} {{ratios.Valuation.TTMPELOW.Value | setDecimalCheckForNa}} {{ratios.Valuation.PEINCLXOR.Value | setDecimalCheckForNa}}
      Price to Sales Price to Tangible Book Price to Free Cash Flow per Share Price to Cash Flow per Share Price to Book
    Most Recent Fiscal Year {{ratios.Valuation.APR2REV.Value | setDecimalCheckForNa}} {{ratios.Valuation.APR2TANBK.Value | setDecimalCheckForNa}} {{ratios.Valuation.APRFCFPS.Value | setDecimalCheckForNa}} - {{ratios.Valuation.APRICE2BK.Value | setDecimalCheckForNa}}
    Trailing 12 Months {{ratios.Valuation.TTMPR2REV.Value | setDecimalCheckForNa}} - {{ratios.Valuation.TTMPRFCFPS.Value | setDecimalCheckForNa}} {{ratios.Valuation.TTMPRCFPS.Value | setDecimalCheckForNa}} -
    Most Recent Quarter - {{ratios.Valuation.PR2TANBK.Value | setDecimalCheckForNa}} - - {{ratios.Valuation.PRICE2BK.Value | setDecimalCheckForNa}}
    Dividend Yield - 5 Year Average {{ratios.Valuation.YLD5YAVG.Value | setDecimalCheckForNa}}
    Dividend Yield - indicated annual dividend divided by closing price {{ratios.Valuation.YIELD.Value | setDecimalCheckForNa}}
    Current Dividend Yield - Common Stock Primary Issue, LTM {{ratios.Valuation.DivYield_CurTTM.Value | setDecimalCheckForNa}}
    Net Debt, LFI {{ratios.Valuation.NetDebt_I.Value | setDecimalCheckForNa}}
    Net Debt, LFY {{ratios.Valuation.NetDebt_A.Value | setDecimalCheckForNa}}

    Financial Strength Ratios

      Current ratio Quick ratio LT debt/equity Total debt/total equity
    Most Recent Quarter {{ratios['Financial strength'].QCURRATIO.Value | setDecimalCheckForNa}} {{ratios['Financial strength'].QQUICKRATI.Value | setDecimalCheckForNa}} {{ratios['Financial strength'].QLTD2EQ.Value | setDecimalCheckForNa}} {{ratios['Financial strength'].QTOTD2EQ.Value | setDecimalCheckForNa}}
    Most Recent Fiscal Year {{ratios['Financial strength'].ACURRATIO.Value | setDecimalCheckForNa}} {{ratios['Financial strength'].AQUICKRATI.Value | setDecimalCheckForNa}} {{ratios['Financial strength'].ALTD2EQ.Value | setDecimalCheckForNa}} {{ratios['Financial strength'].ATOTD2EQ.Value | setDecimalCheckForNa}}
      Payout ratio Current EV/Free Cash Flow Interest coverage Total debt/total equity
    Most Recent Fiscal Year {{ratios['Financial strength'].APAYRATIO.Value | setDecimalCheckForNa}} {{ratios['Financial strength'].EV2FCF_CurA.Value | setDecimalCheckForNa}} {{ratios['Financial strength'].AINTCOV.Value | setDecimalCheckForNa}} {{ratios['Financial strength'].ATOTD2EQ.Value | setDecimalCheckForNa}}
    Trailing 12 Months {{ratios['Financial strength'].TTMPAYRAT.Value | setDecimalCheckForNa}} {{ratios['Financial strength'].EV2FCF_CurTTM.Value | setDecimalCheckForNa}} {{ratios['Financial strength'].TTMINTCOV.Value | setDecimalCheckForNa}} -
    Income Statement Revenue EBITD Earnings before taxes Net Income available to common Earnings before taxes Normalized Earnings per Share, Normalized, Excluding Extraordinary Items, Avg. Diluted Shares Outstanding
    Most Recent Fiscal Year {{ratios['Income Statement'].AREV.Value | setDecimalCheckForNa}} {{ratios['Income Statement'].AEBITD.Value | setDecimalCheckForNa}} {{ratios['Income Statement'].AEBT.Value | setDecimalCheckForNa}} {{ratios['Income Statement'].ANIAC.Value | setDecimalCheckForNa}} {{ratios['Income Statement'].AEBTNORM.Value | setDecimalCheckForNa}} -
    Trailing 12 Months {{ratios['Income Statement'].TTMREV.Value | setDecimalCheckForNa}} {{ratios['Income Statement'].TTMEBITD.Value | setDecimalCheckForNa}} {{ratios['Income Statement'].TTMEBT.Value | setDecimalCheckForNa}} {{ratios['Income Statement'].TTMNIAC.Value | setDecimalCheckForNa}} - {{ratios['Income Statement'].VDES_TTM.Value | setDecimalCheckForNa}}
      Gross Margin Net Profit Margin % Operating Margin Pre Tax Margin Free Operating Cash Flow/Revenue
    1st Historical Fiscal Year {{ratios.Margins.AGROSMGN.Value | setDecimalCheckForNa}} {{ratios.Margins.ANPMGNPCT.Value | setDecimalCheckForNa}} {{ratios.Margins.AOPMGNPCT.Value | setDecimalCheckForNa}} {{ratios.Margins.APTMGNPCT.Value | setDecimalCheckForNa}} -
    Trailing 12 Months {{ratios.Margins.TTMGROSMGN.Value | setDecimalCheckForNa}} {{ratios.Margins.TTMNPMGN.Value | setDecimalCheckForNa}} {{ratios.Margins.TTMOPMGN.Value | setDecimalCheckForNa}} {{ratios.Margins.TTMPTMGN.Value | setDecimalCheckForNa}} {{ratios.Margins.Focf2Rev_TTM.Value | setDecimalCheckForNa}}
    5 Year Average {{ratios.Margins.GROSMGN5YR.Value | setDecimalCheckForNa}} {{ratios.Margins.MARGIN5YR.Value | setDecimalCheckForNa}} {{ratios.Margins.OPMGN5YR.Value | setDecimalCheckForNa}} {{ratios.Margins.PTMGN5YR.Value | setDecimalCheckForNa}} {{ratios.Margins.Focf2Rev_AAvg5.Value | setDecimalCheckForNa}}
    Risk Ratio Current Ratio Quick Ratio Interest Coverage LT Debt/Equity Total Debt/Total equity
    Most Recent Quarter {{ratios['Financial strength'].QCURRATIO.Value | setDecimalCheckForNa}} {{ratios['Financial strength'].QQUICKRATI.Value | setDecimalCheckForNa}} - {{ratios['Financial strength'].QLTD2EQ.Value | setDecimalCheckForNa}} {{ratios['Financial strength'].QTOTD2EQ.Value | setDecimalCheckForNa}}
    Most Recent Fiscal Year {{ratios['Financial strength'].ACURRATIO.Value | setDecimalCheckForNa}} {{ratios['Financial strength'].AQUICKRATI.Value | setDecimalCheckForNa}} {{ratios['Financial strength'].AINTCOV.Value | setDecimalCheckForNa}} {{ratios['Financial strength'].ALTD2EQ.Value | setDecimalCheckForNa}} {{ratios['Financial strength'].ATOTD2EQ.Value | setDecimalCheckForNa}}
    Trailing 12 Months - - {{ratios['Financial strength'].TTMINTCOV.Value | setDecimalCheckForNa}} - -

    Management Effectiveness Ratios

    Turnover Asset Inventory Receivables
    Most Recent Fiscal Year {{ratios['Mgmt Effectiveness'].AASTTURN.Value | setDecimalCheckForNa}} {{ratios['Mgmt Effectiveness'].AINVTURN.Value | setDecimalCheckForNa}} {{ratios['Mgmt Effectiveness'].ARECTURN.Value | setDecimalCheckForNa}}
    Trailing 12 Months {{ratios['Mgmt Effectiveness'].TTMASTTURN.Value | setDecimalCheckForNa}} {{ratios['Mgmt Effectiveness'].TTMINVTURN.Value | setDecimalCheckForNa}} {{ratios['Mgmt Effectiveness'].TTMRECTURN.Value | setDecimalCheckForNa}}
    Return on Average Assets EBITD Equity Investment
    Most Recent Fiscal Year {{ratios['Mgmt Effectiveness'].AROAPCT.Value | setDecimalCheckForNa}} - {{ratios['Mgmt Effectiveness'].AROEPCT.Value | setDecimalCheckForNa}} {{ratios['Mgmt Effectiveness'].AROIPCT.Value | setDecimalCheckForNa}}
    Trailing 12 Months {{ratios['Mgmt Effectiveness'].TTMROAPCT.Value | setDecimalCheckForNa}} - {{ratios['Mgmt Effectiveness'].TTMROEPCT.Value | setDecimalCheckForNa}} {{ratios['Mgmt Effectiveness'].TTMROIPCT.Value | setDecimalCheckForNa}}
    5 Year Average {{ratios['Mgmt Effectiveness'].AROA5YAVG.Value | setDecimalCheckForNa}} - {{ratios['Mgmt Effectiveness'].AROE5YAVG.Value | setDecimalCheckForNa}} {{ratios['Mgmt Effectiveness'].AROI5YRAVG.Value | setDecimalCheckForNa}}
    Employees Net Income Revenue
    Most Recent Fiscal Year {{ratios['Mgmt Effectiveness'].ANIPEREMP.Value | setDecimalCheckForNa}} {{ratios['Mgmt Effectiveness'].AREVPEREMP.Value | setDecimalCheckForNa}}
    Trailing 12 Months {{ratios['Mgmt Effectiveness'].TTMNIPEREM.Value | setDecimalCheckForNa}} {{ratios['Mgmt Effectiveness'].TTMREVPERE.Value | setDecimalCheckForNa}}

    Growth Ratios

    Growth Rates Revenue % EPS Dividend Revenue/Share Book Value Per Share Capital Spending Net Profit Margin
    Most Recent Quarter 1 Year Ago {{ratios.Growth.REVCHNGYR.Value | setDecimalCheckForNa}} {{ratios.Growth.EPSCHNGYR.Value | setDecimalCheckForNa}} - - - - -
    5 Years {{ratios.Growth.REVTRENDGR.Value | setDecimalCheckForNa}} {{ratios.Growth.EPSTRENDGR.Value | setDecimalCheckForNa}} - {{ratios.Growth.REVPS5YGR.Value | setDecimalCheckForNa}} {{ratios.Growth.BVTRENDGR.Value | setDecimalCheckForNa}} {{ratios.Growth.CSPTRENDGR.Value | setDecimalCheckForNa}} {{ratios.Growth.NPMTRENDGR.Value | setDecimalCheckForNa}}
    3 Years {{ratios.Growth.REVGRPCT.Value | setDecimalCheckForNa}} {{ratios.Growth.EPSGRPCT.Value | setDecimalCheckForNa}} {{ratios.Growth.DIVGRPCT.Value | setDecimalCheckForNa}} - - - -
    TTM over TTM {{ratios.Growth.EPSTRENDGR.Value | setDecimalCheckForNa}} {{ratios.Growth.TTMEPSCHG.Value | setDecimalCheckForNa}} - - - - -
    CAGR Free Operating Cash Flow Earnings Before Interest, Taxes, Depreciation & Amortization Tangible Book Value Total Debt
    5 Year CAGR {{ratios.Growth.FOCF_AYr5CAGR.Value | setDecimalCheckForNa}} {{ratios.Growth.Ebitda_AYr5CAGR.Value | setDecimalCheckForNa}} {{ratios.Growth.TanBV_AYr5CAGR.Value | setDecimalCheckForNa}} {{ratios.Growth.STLD_AYr5CAGR.Value | setDecimalCheckForNa}}
    5 Year Interim CAGR - {{ratios.Growth.Ebitda_TTMY5CAGR.Value | setDecimalCheckForNa}} - -

    Forecast Ratios

    Projected Sales ProjSalesH ProjSalesL ProjSalesNumOfEst ProjSalesPS
    {{forecasts.ProjSales | setDecimalCheckForNa}} {{forecasts.ProjSalesH | setDecimalCheckForNa}} {{forecasts.ProjSalesL | setDecimalCheckForNa}} {{forecasts.ProjSalesNumOfEst | setDecimalCheckForNa}} {{forecasts.ProjSalesPS | setDecimalCheckForNa}}
    ProjSalesQ ProjSalesQH ProjSalesQL ProjSalesQNumOfEst Price2ProjSales
    {{forecasts.ProjSalesQ | setDecimalCheckForNa}} {{forecasts.ProjSalesQH | setDecimalCheckForNa}} {{forecasts.ProjSalesQL | setDecimalCheckForNa}} {{forecasts.ProjSalesQNumOfEst | setDecimalCheckForNa}} {{forecasts.Price2ProjSales | setDecimalCheckForNa}}
    ProjEPS ProjEPSHigh ProjEPSLow ProjEPSNumOfEst ProjEPSQ
    {{forecasts.ProjEPS | setDecimalCheckForNa}} {{forecasts.ProjEPSH | setDecimalCheckForNa}} {{forecasts.ProjEPSL | setDecimalCheckForNa}} {{forecasts.ProjEPSNumOfEst | setDecimalCheckForNa}} {{forecasts.ProjEPSQ | setDecimalCheckForNa}}
    ProjEPSQH ProjEPSQL ProjEPSQNumOfEst ProjPE ProjLTGrowthRate
    {{forecasts.ProjEPSQH | setDecimalCheckForNa}} {{forecasts.ProjEPSQL | setDecimalCheckForNa}} {{forecasts.ProjEPSQNumOfEst | setDecimalCheckForNa}} {{forecasts.ProjPE | setDecimalCheckForNa}} {{forecasts.ProjLTGrowthRate | setDecimalCheckForNa}}
    TargetPrice EPSActual EPSPrev EPSSurprise EPSSurprisePrc
    {{forecasts.TargetPrice | setDecimalCheckForNa}} {{forecasts.EPSActual | setDecimalCheckForNa}} {{forecasts.EPSPrev | setDecimalCheckForNa}} {{forecasts.EPSSurprise | setDecimalCheckForNa}} {{forecasts.EPSSurprisePrc | setDecimalCheckForNa}}
    EPSActualQ EPSPrevQ EPSSurpriseQ EPSSurpriseQPrc
    {{forecasts.EPSActualQ | setDecimalCheckForNa}} {{forecasts.EPSPrevQ | setDecimalCheckForNa}} {{forecasts.EPSSurpriseQ | setDecimalCheckForNa}} {{forecasts.EPSSurpriseQPrc | setDecimalCheckForNa}}
    ProjProfit ProjProfitH ProjProfitL ProjProfitNumOfEst
    {{forecasts.ProjProfit | setDecimalCheckForNa}} {{forecasts.ProjProfitH | setDecimalCheckForNa}} {{forecasts.ProjProfitL | setDecimalCheckForNa}} {{forecasts.ProjProfitNumOfEst | setDecimalCheckForNa}}
    ProjDPS ProjDPSH ProjDPSL ProjDPSNumOfEst
    {{forecasts.ProjDPS | setDecimalCheckForNa}} {{forecasts.ProjDPSH | setDecimalCheckForNa}} {{forecasts.ProjDPSL | setDecimalCheckForNa}} {{forecasts.ProjDPSNumOfEst | setDecimalCheckForNa}}

    Financial Reports

    Financial Summary

    Last Updated: {{generalInfo.TextInfo['Financial Summary'].LastUpdated}}

    {{generalInfo.TextInfo['Financial Summary'].Value && generalInfo.TextInfo['Financial Summary'].Value != ''? generalInfo.TextInfo['Financial Summary'].Value: 'No Financial Summary Found.'}}

    Accounting Notes
    Fiscal Year Ends Most Recent Quarter Transfer agent Auditor Shariah Compliant

    {{generalInfo.CompanyGeneralInfo.TotalSharesOut.Data | date:'dd/MM/yyyy' }}


    - - {{generalInfo.Auditor && generalInfo.Auditor != ''? generalInfo.Auditor : '-'}}
    Fiscal Period
    Period End Date:
    Period Length
    Ratios Value
    Analyst Footnotes

    Last Updated: {{generalInfo.TextInfo['Analyst Footnotes'].LastUpdated}}

    {{generalInfo.TextInfo['Analyst Footnotes'].Value && generalInfo.TextInfo['Analyst Footnotes'].Value != '' ? generalInfo.TextInfo['Analyst Footnotes'].Value : 'No Analyst Footnotes Found.'}}

    Directors, Officers & Company Executives

    Start Date End Date
    {{personobject.PersonInformation.Name.Info| getDirectorFullNameIncludingPrefix}}
    {{persontitlesobject.Value}}, {{persontitles.Start.Day}}-{{persontitles.Start.Month}}-{{persontitles.Start.Year}} {{persontitles.End.Day}}-{{persontitles.End.Month}}-{{persontitles.End.Year}}
    No Directors, Officers & Company Executives Information Found.

    Recommendation Statistics

    No Recommendation Statistics

    Recommendation Statistics
    Recommendation Number Of Analysts
    Sell Reduce Hold Buy Strong Buy {{stats.NumberOfAnalysts}}
    I/B/E/S Mean
    {{verdict[meanmarker]}} {{analystvotes}} Analysts Mean recommendation from all analysts covering the company on a standardized 5-point scale.
    • Sell
    • Reduce
    • Hold
    • Buy
    • Strong Buy

    Past Broker Recommendations

    No Past Recommendations

    Past Broker Recommendations
      Sell Underperform Hold Buy Strong Buy Total
    {{snapshots.Age === 1 ? "1 Week Ago" : (snapshots.Age === 2 ? "30 Days Ago" : (snapshots.Age === 3 ? "60 Days Ago" : (snapshots.Age === 4 ? "90 Days Ago" : "")))}} {{snapshots.Statistics[0].NumberOfAnalysts}} {{snapshots.Statistics[1].NumberOfAnalysts}} {{snapshots.Statistics[2].NumberOfAnalysts}} {{snapshots.Statistics[3].NumberOfAnalysts}} {{snapshots.Statistics[4].NumberOfAnalysts}} {{snapshots.NumberOfRecommendations}}

    Target Price

    No Target Price

    Target Price
    Mean {{priceTarget.Mean}}
    High {{priceTarget.High}}
    Low {{priceTarget.Low}}
    Median {{priceTarget.Median}}
    Standard Devitation {{priceTarget.StandardDeviation}}
    Number Of Estimates {{priceTarget.NumberOfEstimates}}


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    Contact Info

    Archer Exploration Limited

    Level 1
    28 Greenhill Road
    Wayville, SA
    AU Australia, 5000

    Phone: +61 8 8272 3288
    Fax: +61 8 8272 3888

    Click here to view the interactive map
    Archer Exploration Limited Google Map
    Archer Exploration Limited Google Map

    Share Registry

    Computershare Investor Services Pty Limited - Click here to view share registry profile

    Phone: +61 3 9415 5000
    Fax: +61 3 9473 2500

    452 Johnston Street
    Abbotsford, VIC
    AU Australia, 3067

    Important Information

    The General Overview, Services, Products and Projects information for this profile was last edited on 14 Jul 2015.

    All Financial Data is provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Share Prices nor any independent data provider is liable for any informational errors, omissions or other defects, incompleteness, or delays, or for any actions taken in reliance on Financial Data.

    Please read our Terms & Conditions and Disclaimer Statement for further information.




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