TPT 0.00% 0.9¢ tangiers petroleum limited

beaufort securities 'retain'

  1. 43 Posts.
    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..
 
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