I was trying to find the latest brokers forecast for Tangiers. Found Beaufort Securities one but no additional comments (March 11th 2014): http://www.beaufortsecurities.com/quote?epic=tangiers
All old (pre JKA takeover) forecasts were high:
Foster..............BUY......70p Upside potential 1057p DJ Carmichael..BUY......102p Upside potential 473p Old Park Lane...BUY......106p Ambriam............BUY......72p, could go to 564p by end 2014.
Peel Hunt has a risk adjusted value of £569m or 332p/share.
Broker Cannacord Genuity has a risked valuation for Trident at $176 million this is more than five times the companies current market cap in dollars of $36 million, TPET has the most suitable exposure to morocco based on risk appetite and it's proximity to the Cap Juby discovery..
TPT Price at posting:
23.0¢ Sentiment: Hold Disclosure: Held