Patersons Securities have released a review on the 21/11/12. The investment highlights continue: : Mumbwa is shaping up - a 16,000m drill program is being undertaken to further define the existing high copper mineralisation.
: Economics to improve - the scoping study is comparable to other global copper projects with infrastructure advantages planned by Zambian Utilities for a power line within 5Km.
: Perkoa Zinc mine to throw off $40 million cash flow per annum to Blackthorn Resources. Dividends would follow.
: Solid Management - an experienced , measured and foccused team that delivers results.
: Continuing Catalysts - near & forthcoming. Patersons continue to recommend exposure and rate BTR a Buy
BTR Price at posting:
$1.11 Sentiment: Buy Disclosure: Held
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