"GSJBW view: It appears that Maitland could provide an additional source of ore for the Thalanga copper plant, replacing the Balcooma copper ore when mining there ceases or moves to a lower production level from underground, or Maitland could provide an opportunity to increase the copper production from the Thalanga plant. With KZL now at 19.7% ownership, the market may expect a full bid for GGY.
12 Month Target Price: $6.40 (KZL)
Recommendation: Buy Share price: $6.27"
GGY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
