2351 GMT [Dow Jones] STOCK CALL: RBS boosts Oz Minerals (OZL.AU)...

2351 GMT [Dow Jones] STOCK CALL: RBS boosts Oz Minerals (OZL.AU) target to A$1.50 from
A$1.38 after boosting copper forecasts. "We believe OZL offers relatively low-risk
copper exposure with Prominent Hill having ramped up and A$1 billion of cash sitting on
the balance sheet. In our view, the exploration results over the next 12 months could see
a lift in mine life and a stock rerating," analyst says, repeating Buy rating on
stock. RBS now expects copper prices to peak in 2H13 at US$4.30/lb and raises long-term
price from US$1.75/lb to US$2.25/lb. OZL last at A$1.135. (LMF)