Deutsche Bank 27-Oct-06 1 Buy Target $1.58
The production figures again pleasantly surprised the broker who continues to suggest OGD is undervalued.
They are now stating the obvious. OGD is a 2-3 year keeper.
Annual production 550k oz by the end of 2008.
Recent selling respected the 60 cent support line.
Limited down side from here.
Got Globe commissioning soon, followed br frasers at the end of 2007, then real jewel Dinkidi at the end of 2008 (mine life 15+years.
Plus a bucket load of exploration prospects in the Philippines.
OGD
oceana gold limited
