A quick look at the commodity assumptions behind the valuations of Cannacord and Baillieu Holst says to me there is plenty of upside in the share price. We just have to get rid of the 30cent seller(s).
Cannacord - Price target 50c
Column 1
Column 2
Column 3
Column 4
0
2018
2019
2020
1
Zinc
1.39
1.40
1.40
2
Lead
1.09
1.13
1.15
3
Copper
2.87
2.90
2.98
Baillieu Holst - Price target 51c
Column 1
Column 2
Column 3
Column 4
0
2018
2019
2020
1
Zinc
1.49
1.39
1.13
2
Lead
1.06
0.97
0.90
3
Copper
2.87
2.42
2.26
Current Price US$/lb
Zinc $1.52
Lead $1.16
Copper $3.24
RVR Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
