hanson 6mth target 19.3p (~ a$0.40)

Hi All

I have found a copy of the full report (see attached link) which gives a 6 mth target of 19.3p (~A$0.40.

"Forte is targeting a total combined resource for Firawa and Bir En Nar of 30Mlbs by the end of the year which would, based on the US$5.9 per lb valuation, be worth £110.38m. Based on this and allowing for cash expenditure our six month forecast is 19.3p per share."

http://www.minesite.com/fileadmin/content/pdfs/Brokers_Notes_July_09/FTE%2003-07-09.pdf

Regards

Steve