Bell Potter's No 1 resources pick for 2018 is AML with a $0.43...

Bell Potter's No 1 resources pick for 2018 is AML with a $0.43 valuation (which I think will prove to be conservative).
Here's the AML summary they wrote in their analyst's outlook for 2018:

"Aeon Metals (AML) AML is focused on the exploration and development of its 100%-owned Walford Creek Copper-Cobalt-Zinc project in NW Queensland. Following the delineation of a small, high grade Resource of 6.6Mt at 1.25% Cu, 0.76% Zn and 1,630ppm Co named the Vardy Zone, AML has developed a robust geological model for the Walford Creek deposit. This model was used to target a recent 9-hole diamond drill program which successfully intersected high grade extensions of the Vardy Zone and together with evidence from historic drilling points to the potential for significant Resource growth over 22km of prospective strike length. In the near-term the drilling is expected to drive a material Resource upgrade. However, with a $30m capital raise now completed AML is in an exceptionally strong position to complete a major drill-out in 2018. In our view AML has entered an exciting period of cost effective discovery and growth which we expect more of in 2018. Speculative Buy, Valuation $0.43/sh"

and here's the link to the whole report: https://dpsi7pmz5b6vt.cloudfront.ne...072/Bell_Potter_Analyst_Outlook_for_2018_.pdf