wilson htm ugrades bnd to a buy: target $2.39

From this morning's AFR Street Talk (members only), written 33 minutes ago:

http://www.afr.com/Blogs/Opinion_Street%20Talk

GMR and NTPC pull out. BND has recently progressed 4 of its projects through pre-feasibility and feasibility studies. Wilson HTM has upgraded to a buy with a $2.39 price target.

There are still plenty of interested parties to come to the table, says the AFR. Jindal Power and Steel, Aditya Birla Group's Essa Mining, and four unnamed Korean and Chinese companies are still weighing up the decision.

An outcome of the sales process is expected in early August.