Broker note (today)4 Nov 2009 21:39
SALMAN : Target Cdn$4.65; BUY (Works out for lse listing: £2.64)
Continued successes in what is one of the world’s most productive exploration programs.
Given its success in finding new deposits, Nautilus “has exercised an option for an additional 28 days of vessel time” so that it can go look for more of them.
Also worth noting that rumors of De Beers / Neptune are floating around of a takeover...