140p price target .30 Aug 2016 18:43
140p price target
Following the Equitix & DWE contracts, Peel Hunt suggest material upside,
"... the new partners bring valuable supply chain, project development and access to finance, as well as the £2m cash. They enhance Atlantis' credibility with the UK and Scottish Governments, as well as other potential supply chain partners and financiers, and further cement its position as the leader in this emerging industry. Our TP moves to 140p, with upside beyond - If just the first 100MW of MeyGen's planned 400MW is built under the proposed CfD regime, it would alone be worth 260p to Atlantis per share we estimate."