wow - great report .... love this bit,
"Recommendation
?? We see significant value upside with the development of Buena
Vista with near term production in DQ12.
?? We value the company at $2.81 per share fully diluted for our
assumptions and place a short term price target of $1.41 per
share (previously $0.60/sh) on RHM as we await the completion
of funding and permit approval.
?? We anticipate funding to be concluded in SQ11 in time for full
permit approval and formal go-ahead in November 2011.
?? We recommend a BUY."
- Forums
- ASX - By Stock
- broker's update
wow - great report .... love this bit,"Recommendation?? We see...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RHM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online