Bell Potter says Mayur a 'spec buy'

BELL Potter analyst Peter Arden has rated Papua New Guinean multi-commodity developer Mayur Resources as a ‘buy’ with a target price of $A1.20 per share.

Bell Potter says Mayur a 'spec buy' Bell Potter says Mayur a 'spec buy' Bell Potter says Mayur a 'spec buy' Bell Potter says Mayur a 'spec buy' Bell Potter says Mayur a 'spec buy'

Mayur's Port Moresby lime project with the PNG LNG project in the background

Arden says Mayur's proposed Central Cement and Lime (CCL) project is a key part of its nation-building suite of industrially focused development projects.