GREY:MLKKF - Post by User
Comment by
LongonZincon May 12, 2012 11:05am
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Post# 19902358
RE: Analyst Targets
RE: Analyst Targets Why are so many people on this board fixated by analyst targets, pretty much everyone of the analysts have been dead wrong. The sp now currently reflects close to the fair market value based on current and future cash flow projections. The problem with most of the sp targets is that they are based on NAV/NPV that do not accurately reflect cash flows within their models.
There is little hope that they can reduce production cash costs to anywhere close to what is being used in the analyst's models. Therefore, one of the only remaining catalysts is the price of moly, which is does not appear to be moving upwards anytime soon.