Yes that is right according to the UBS:
The rating is upgraded to Buy from Neutral on valuation, despite the fact the broker lacks confidence in the performance of Boseto. For the next 12 months the focus will be on boosting operations. The price target is raised to 15c from 12c.
So don't panic, it's new management, they got plenty of time, the production report is not bad, and everything will help to lift the SP. In coming days we will see 0.15 to 0.2 IMO, DYOR
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