daytrading nov 8 afternoon, page-5

Bell Potter target for Dart Mining 18c, just published on Dart website now, and prior to Darts metallurgical results which are due soon.

Extract from page 5 of the report:

Valuation commentary
Valuation is speculative, although we note that DTM is poised to deliver a resource upgrade in H1 CY12 and is well placed to further de-risk the Unicorn project with a nominal increase in grade and tonnes to improve the EV/Resource of $193/t. With further positive news (metallurgy, drilling results and resource upgrade), we anticipate DTM’s share price
could reapproach the recent three-month high of 18 cents.