Back in April Ord Minnett had a target price of 7 cents for ABU. Listed amongst the Goldies with the HIGHEST UPSIDE POTENTIAL of 100% with a buy in price of 0.035 cents.
Here it is:
http://www.abmresources.com.au/file-reader?original_file=downloads/File/pdf/c9e1074f5b3f9fc8ea15d152add07294.pdf&filename=Gold_Sector_-_Compan-104.pdf
Now there have been alot higher Grades returned since this research paper was put out. So we could see ABM north of 10 cents easily, on the condition that these recent grades are reflective of the Gold Mined. I'm no expert in this field.
Chuk & BobMiner would be able to give alot more "meat" to the bones on this.
Pandelis
ord minnet - target price of 7 cents for abu
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