Home › Download › GLENCOREXSTRATA PLC (GLCNF, $4.78; RATED UNDERWEIGHT; PRICE TARGET REMAINS AT USD $2.00) LOWER EFFECTIVE TAX RATES ARE OFFSET BY A HIGHER DISCOUNT RATE ON CASH FLOWS; PRODUCTION MODELS REBUILT 6/13/2013

GLENCOREXSTRATA PLC (GLCNF, $4.78; RATED UNDERWEIGHT; PRICE TARGET REMAINS AT USD $2.00) LOWER EFFECTIVE TAX RATES ARE OFFSET BY A HIGHER DISCOUNT RATE ON CASH FLOWS; PRODUCTION MODELS REBUILT 6/13/2013

GLENCOREXSTRATA PLC (GLCNF, $4.78; RATED UNDERWEIGHT; PRICE
TARGET REMAINS AT USD $2.00) LOWER EFFECTIVE TAX RATES ARE
OFFSET BY A HIGHER DISCOUNT RATE ON CASH FLOWS; PRODUCTION
MODELS REBUILT 6/13/2013