DundeeDundee securities put out a new research note on PHC today.
They retain their 12 month $1.10 price target and recognize that today's news was good for the company.
It was a rather positive note, with the caveat that PHC will probably operate at a loss in 2009 and turn to the black by 2010.
They say that receiving this permit today is a good indication that the others have a good chance of following.