Friday, June 5, 2009

MacQuarie updates Report, 12month Price Target C$2,90

Cash position at US$27.1m, critical test results expected in October

2 June 2009 price: C$0.56
Market Cap (m): C$333.6
Current valuation (NAV): C$2.88
12-month target: C$2.90
12-month TSR: 418%
Recommendation: Outperform
Volatility Index: Very High

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