In today's Baillieu Briefing report:
Discussion about Molopo
Quebec gas play improving
Discussion about Tallisman, Questerre and Junex announcements
Then recommendation:
....Molopo's asset values exceed the current share price valuation by a considerable margin. We expect that management will add considerable value as projects are bought into production over the next 2-3 years. Our 12 mth target price remains $3.05. We retain a BUY recommendation for both short and long term investors. However the risks associated with expoloration companies are HIGH and the stock is not suited to investors with a low risk profile.
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- from todays daily briefing paper
from todays daily briefing paper
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