News: BKY Berkeley Energia Says Co Has Been Awarded Exploration Licences, page-6

Depending whom your broker is dude, I use CMC Markets, who have data 'backed' by Morningstar, as do CommSec from memory, but they all have their own analysts as well, which is what sets the 'forecast estimates' and their valuations apart from what I understand...

From memory, Morningstar use the DCF method, and they've got $0.623 on it, which is ~40% above where we are now...

Interesting they've paid an external 'consultant' in shares, issuing the 3B today, one would have to suspect this consultant obviously sees significant value in the BKY SP, why would anyone 'take payment' in shares from a company with ~$100m in the bank..??

One could speculate it's a 'professional lobbyist' consultant, but that is purely conjecture at best, just a hunch... Something is certainly happening in the background, BKY closed @ A$0.29 last week, so up ~33% for the week...

ML