[posting]38876269[/posting]
...hier mal die MAIN- facts aus der studie.........
MINING RESEARCH
Polo Resources 4.4p
Change in Holdings
21 January 2010
Polo Resources (AIM: PRL) has made changes to several of its holdings which materially impact our NAV estimate for the company. Most significantly, Polo has re-acquired a stake in Berkeley Resources (AIM: BKY) from Areva in exchange for Polo’s holding in Marenica Energy (ASX: MEY) plus A$7.42m in cash, whilst liquidating its remaining holding in Uranex (ASX: UNX).
The current share price is at a 36% discount to our NAV of 6.88p. Despite Caledon announcing it was no longer actively seeking a sale of the company, potential corporate action remains pending on several other Polo investments.
In response, we maintain our BUY recommendation and target price of 7p per share.
....na DAS sind doch schöööööne perspektiven - und für MICH
eher ´konservativ´ kalkuliert
