Home › Download › FRANCO NEVADA (FNV: $39.90 rated Underweight with $23 from $27 price target) EARNINGS ESTIMATES AND NPV/SHARE LOWERED DUE TO INCREASE IN FULLY DILUTED SHARES OUTSTANDING AND DECREASED BASE CASE PRICING ASSUMPTIONS FOR GOLD 1/16/2012

FRANCO NEVADA (FNV: $39.90 rated Underweight with $23 from $27 price target) EARNINGS ESTIMATES AND NPV/SHARE LOWERED DUE TO INCREASE IN FULLY DILUTED SHARES OUTSTANDING AND DECREASED BASE CASE PRICING ASSUMPTIONS FOR GOLD 1/16/2012

FRANCO NEVADA (FNV: $39.90 rated Underweight with $23 from $27 price
target) EARNINGS ESTIMATES AND NPV/SHARE LOWERED DUE TO
INCREASE IN FULLY DILUTED SHARES OUTSTANDING AND DECREASED
BASE CASE PRICING ASSUMPTIONS FOR GOLD 1/16/2012