12 mth price target $1.40, page-8

Paps I bought another 58,000 at open today and 17,000 a few weeks back in the low 50s to average down a bit. Anything around this level looks cheap and I don't see too much downside risk. I'd regret not topping up. The recent FMS deal has given me some more confidence in the sector. Was going buy BND instead, but I think I have had enough of the risks associated with stocks so far away from production.