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Buy, Sell, Hold: Independence, Saracen and Dacian

COVERAGE initiated on growing producers Independence and Saracen; and a positive reaction to Dacian’s resource upgrade.

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Buy, Sell, Hold: Independence, Saracen and Dacian

Independence Group (IGO)   Analyst: Duncan Hughes, GMP Securities   Recommendation: Hold (initiation)   Price target: $A5.41   Thursday’s close: $5.75   Reason: Cashflow to fund future M&A growth...

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