AnalystsWhile I have learned not to believe in anal-ysts as if they can predict the future, it seems they all have lofty targets with a logical thesis to support it.
The only sort of exception is Joseph Schacter, a guy with a bad record was not doing a full analysis but just a 30 second guess to a viewer question. I recall he was asked about it when it first started going above $1 on its way to $8 and he was negative, didn't even know about the Yamilak well. So when he later says the same thing at $6 it is not adding anything... he was randomly wrong and then randomly right. Great work if you can find it!
The other exception is GS, who as far as I know has never reviewed and deconstructed any of the analyst reports... compared them to his own thesis. They should both have the same public information to go on. Why has he not detailed why they are wrong?
Fact is none of them or us know the crucial results of the testing going fwd that will determine commerciality. Of course whichever person has guessed right will take credit, and the ones wrong will say there was no way to know...
A complete failure could result in a $1+ drop, while complete success could result in $10-20+ up... I like the odds here.