- The Share Price Reached 12m Target Level;
- Company Remains On Track To Achieve 2010 Production Target;
- Term-Sheet With ICBC;
- The Production Will Continue To Increase;
- Decrease In Gold Prices Limits Growth Possibilities;
- BBA Investment Rating.
Summary of the report:
Authors of this report believe that Petropalovsk PLC is doing very well and its expanding strategy will improve the financial results even more in mid-term, even if the price on gold goes down significantly.
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Baltic Business Analysis provides independent information and analysis on East European public companies and markets.