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Fly News Breaks for November 13, 2017
NSU
Nov 13, 2017 | 07:40 EDT
Macquarie analyst Matt Murphy upgraded Nevsun Resources to Outperform saying he has a more positive view of the company following a visit to its Timok copper project in Serbia. The analyst believes assumptions are relatively conservative and feels the high IRR of 40% and NPV of $1B and sub-2 year payback make it a very valuable project.
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