AS ITS SUNNY19 Aug 2009 14:30
This is the first time the Nalunaq gold mine has been included in our valuation. Valued using the Fox-Davies gold price forecasts, published in the Daily Monitor on the 6 July, we value the mine at £16.8M using a 10% discount rate. This raises the valuation of Angus and Ross to £31.3M. The Buy recommendation is maintained but the target price is increased to £0.11/share.
Taken from the post i could seriously live with that good post riddler