Hi guys,
Have any brokers done any relative valuation work on KDR? Interested to hear if there is any published work comparing e.g. EV/Resource Size, or forward P/Es etc.
Given they won the case and people are estimating the price will rise substantially off the back of the news, I wonder if there are any reasonable published valuations in the market.
Now that they have the resource secured, perhaps some other brokers might now view the company as less risky and initiate research coverage.
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