OZL 0.00% $26.44 oz minerals limited

ph anon due , page-4

  1. 2,409 Posts.
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    Interesting, dont take too seriously from Citi, without taxpayers' money, they would be non-existent.

    Citi has upgraded its base metal price forecasts

    Copper up to $US2.91/lb from $US$2.50
    Aluminium up to US85c/lb from US70c/lb
    Zinc up to US85c/lb from US70c/lb
    Lead up to $US1.20/lb from US86c
    Main recommendation changes:

    BHP Billiton FY10 earnings were lifted by 12% to $US11.3bn. They maintain their Buy recommendation and 4500c target price.
    RioTinto’searnings were lifted by 9% to US$5.2bn in 2009 and 6% to $US7.5bn in 2010. They maintain their Buy recommendation and 70000c target price.
    Equinox Mineral (EQN) remains their preferred copper pick and PanAust (PNA) is a Hold and Oz Minerals (OZL) a SELL.
 
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Currently unlisted public company.

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