Peel Mining's New Executive Team to Focus on New South Wales Assets, Euroz Says

MT Newswires Live

2025/09/23

Peel Mining's (ASX:PEX) newly appointed Non-executive Chairman Ronnie Beevor, Managing Director and Chief Executive Officer Nick Woolrych, and Chief Financial Officer Warwick Amos are set to boost shareholder value by focusing on the company's Cobar Basin assets in New South Wales, according to a Wednesday report by Euroz Hartleys.

The company has an extensive land package at the basin, and its enterprise value is undervalued, but Euroz believes that it is a target for a merger and acquisition.

The new team has already started a full review of its asset base, Euroz added.

The firm has a speculative buy rating on Peel Mining with an under review price target of AU$0.35.

Shares of the company rose 9% in recent Tuesday trade.

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