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1.72% 5.7¢ terra metals limited

Macquarie, 12-month Price Target $0.80, page-3

  1. ccmfc
    2,587 Posts.
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    11/07/17
    17:47
    Post #: 25799541
    Interesting price target.

    Agree that it is likely based on very conservative modelling.

    I can't see it being likely to be below $1 in 12 months assuming no delays and a steady or improving coal market.

    The only reason we are below placement price now imo is that there is no interest given the lack of likely news flow as construction begins.

    Needs a spark in the form of the Nasdaq listing possibly.
    PNL Price at posting: 42.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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