Pattersons have just come out with yet another research note on brm.$5.45/sh price target. With the latest WA Govt ruling on rail access and plans to start commisioning by late 2009,They quote a strategic haematite resource of 1.1 billion ton@44% fe.Also they note the geopolitical concerns of RIO,s Simandou project in guinea
Sorry I can,t post the research from Pattersons
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