Technically the breakout target is 10.5c, based on the fundamentals however I believe this would remain undervalued here. This is very much a register and reputation play for me. Klaus has created a lot of shareholder value over the years and the register backing tells me those with bigger bank rolls and better research capabilities have backed this one. I think that we will have some significant developments over the coming months.
BLZ Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held