Deutsche Bank keeps buy call on Jiangxi Copper, ups FY06 earnings estimate by 13% to CNY4.27 billion; raises FY07 profit estimate by 9% to CNY4.42 billion on higher copper prices assumption.

Expects prices to stay high on demand strength; also stronger operating cash flow may lead to attractive payout, facilitate acquisitions.

Tips stock at HK$10.30, now +2.1% at HK$7.35.