Capital ReturnsThe company has reached FCF inflection following the completion of the Lafigué (Côte d'Ivoire) and the Sabodala-Massawa BIOX (Senegal) projects and provides a peer-leading capital returns outlook.
Organic Growth OpportunitiesEndeavour remains a top pick given its largely steady and low-cost asset base with a healthy outlook for organic growth opportunities.
Project PotentialBenchmarking against advanced-stage project studies released year-to-date highlights Assafou's attractive scale and economics, which should support its eventual emergence as a globally-significant tier-one gold mine.