PanAust (PNA, $4.08) Buy
We adjust our target price for PNA to A$4.80ps to reflect completion of the 1-for-5 share consolidation. PNA remains a compelling copper-gold exposure, in our view, steadily hitting milestones through 2011 and trading at a 5% discount to our NPV. (extract from RBS Morgans)
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PanAust (PNA, $4.08) BuyWe adjust our target price for PNA to...
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