It doesn't surprise me that UBS is bearish on BTR, as they are bearish on Copper generally. That said, they have not been particularly accurate with their metal predictions in the past so, although I don't discount their view fully, I take it with a pinch of salt and look forward to broker analysis with a strong reputation in minerals/resources.
Their statement regarding Perkoa is unfathomable, why would you sell off your first producing asset when it's imminently going to be providing you with a cash flow? UBS analyst needs some help with his fundamentals I feel.
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