Short term target price in Norway!
posted on
May 29, 2008 03:30AM
"QEC - We have NOK 40 per share Target Price on QEC with an unrisked upside of NOK 200 per share, based on resource potential figures from Questerre's partner Talisman. However, a high case upside potential stretches even higher as
Talisman has based their figures on the analysed part of only around 1/10 of the thickness of the Lorraine zone. In other words, more resource potential could become visible as Talisman go forward with their testing program in 2H 2008 -
STRONG BUY reiterated.
Conclusion
BUY Qesterre
