Published on Aug 24, 2016
Mariana Resources Ltd’s (LON:MARL) chief executive Glen Parsons tells Proactive
that he feels the company’s assets in Argentina are undervalued and is
expecting them to be re-rated soon.
“We’re pretty confident we’re getting zero rating for Argentina as a whole,” says Parsons.
“There’s no doubt we are going to get some form of rating or an ability to extract value out of our Argentinian portfolio.”
Parsons adds that the country is gradually becoming more stable both politically and economically which will also aid investor sentiment there.
“I think there’s positive signs which is giving confidence to people and I think we will see confidence grow in Argentina.”
Moving forward, he explains that the group will continue to look around for opportunities “the offer scale and economics”.
http://www.4-traders.com/MARIANA-RESOURCES-LTD-29159858/
Mariana Resources Ltd, MARL:LSE summary - FT.com
markets.ft.com/data/equities/tearsheet/summary?s=MARL:LSE
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