Gee only one mainstream broker covers BTR and the price target they have is not that far off the current SP....don't kid yourself guys....there is much better value out there in the pure play copper space.....from companies that are not as RiSKY as ones that operate in countries like Burkina Faso & Zambia....for your sake hope the annoucement is good....
Broker Recommendations for BTR
UBS 22-Jun-12 UBS initiates coverage on Africa centric base metal miner Blackthorn Resources with a Buy call and $1.60 price target.
The broker notes the company has a 40% stake in a zinc project with Glencore in Burkina Faso and UBS sees upside coming from this. The company also owns the Mumbwa Copper Project in Zambia and UBS is expecting a resource extension by the end of the month.
trading halt, page-3
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $106.3M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $111.1K | 5.936M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 8349612 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 4996957 | 9 |
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| BTR (ASX) Chart |