OTCPK:PALDF - Post by User
Post by
longbondon Oct 14, 2000 10:16am
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Post# 2652803
Sensitivity of PDL - 21$ plus- conservative
Sensitivity of PDL - 21$ plus- conservativefrom the Nesbitt report:
However, as indicated, our forecasts are based on the conservative view that the palladium price is going to decline to a
long-term price of $400/oz over the next 2.5 years. If as we suspect, the palladium price remains more buoyant than our
forecasts, and the market becomes comfortable with a $550/oz palladium price, the target price range would rise
considerably. Under that scenario, a more appropriate target price using the same evaluation methodology would be 50%
higher at $21 per share.