Aus einem anderen Forum geklaut:
BMO Capital Markets - Studie vom 30. April 2009 - John Hayes - (416) 359-6189 - JohnP.Hayes@bmo.com - Toronto
Valuation - Moto's shares are trading at an 82% discount to our 0% NAV estimate of US$ 12.86 per share and at a 61% discount to our 10% NAV estimate of US$ 5.76 per share at a spot gold price of U$ 898/oz. The shares are trading at a discount of 77% to our NAV estimate of US$ 10.106 per share and at a 53% discount to our 10% NAV estimate of US$ 4.80 per share using our BMO Capital Markets metals price forecast, which includes our long-term gold price of US$ 750 per ounce in 2014 and beyond.--- Recommendation: we are resuming coverage of Moto Goldmines with an Outperform (Speculative) rating. Forecasts: We expect Moto's 2013 equity production could be about 320 Koz gold at a weighted average total cash cost of US$ 286/oz.
Am 14. Mai wird NBF International in Genf und am 15. Mai in Zürich MGL präsentieren. Der Präsentator wird: Andrew Dinning (MD) sein.
BMO Capital Markets - Studie vom 30. April 2009 - John Hayes - (416) 359-6189 - JohnP.Hayes@bmo.com - Toronto
Valuation - Moto's shares are trading at an 82% discount to our 0% NAV estimate of US$ 12.86 per share and at a 61% discount to our 10% NAV estimate of US$ 5.76 per share at a spot gold price of U$ 898/oz. The shares are trading at a discount of 77% to our NAV estimate of US$ 10.106 per share and at a 53% discount to our 10% NAV estimate of US$ 4.80 per share using our BMO Capital Markets metals price forecast, which includes our long-term gold price of US$ 750 per ounce in 2014 and beyond.--- Recommendation: we are resuming coverage of Moto Goldmines with an Outperform (Speculative) rating. Forecasts: We expect Moto's 2013 equity production could be about 320 Koz gold at a weighted average total cash cost of US$ 286/oz.
Am 14. Mai wird NBF International in Genf und am 15. Mai in Zürich MGL präsentieren. Der Präsentator wird: Andrew Dinning (MD) sein.
Greeny