re: Ann: CSE: Copper Strike Takeover Offer to... on a foot note...

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  1. 815 Posts.
    re: Ann: CSE: Copper Strike Takeover Offer to... on a foot note the last broker report Ive seen... http://www.kagara.com.au/?page=investor§ion=2&subsection=5
    Maquarie report, gives us a 12 month target .72 , this report was issued in Aug 2010, one would think things (especially metal prices) have improved since then. Check graphs Zinc, copper, Nickel from Aug till now.. http://www.lme.com/zinc_graphs.asp.
    The CSE deal is the only stuff up Im aware of and it shouldnt cost us IMO, not sure what management have in mind for our hold in CSE, would be nice if that were spelled out.

    Conclusion: There appears to be no reason why we should be below the Maquarie report Val of .72 and every reason why we should be above that.... so whys the chart got a case of bird flew!!

    ps see the other report on Kagara web site for MUX, what a sick looking puppy its chart is, wheres $1.50 or even .90!??
 
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