New broker notes for glencore , Ved and Kaz Glencore PLC (LON:GLEN) and raised its price target to 340p (from 320p Kaz Minerals PLC (LON:KAZ) to neutral (from outperform) and raised its price target to 370p (from 275 p Vedanta Resources PLC (LON:VED) and raised its price target to 750p (from 670p
Glencore recent restructuring , selling assets , idling mines and hitting net debt target ! Glencore expects “additional opportunities, through a strategic partnership for further cooperation, including infrastructure, logistics and global trading,” the Baar, Switzerland-based company said in a statement Wednesday. Vedanta Billionaire Anil Agarwal plans to invest $5.9 billion over the next three years across his oil production and metals businesses in India, predicting a positive turn in the commodity cycle. Deep pockets , metals and oil , plenty of opportunities! Some are Seeing the bigger picture !!!!!!....... IMO
Probably very low in my opinion. The T3 RNS did not have a feel good factor. Maybe production in 2020. It's on the never never. No thanks. BMR will be 3 years in to production by then. Just hope BMR shareholders invested in MTR wise up.
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