Most of these analysts are just crazy number jugglers.
How comes that Jennings target price is based on a 0.73x NAV multiple ?
Why not a 0.99x NAV multiple or a 0.55x NAV multiple ?
And how comes that their target price hasn´t changed although they have included a 10% increase of ounces in their model:
<<<We have already included in our model a ~10% increase above the pit-constrained 3.4 Moz (0.6 g/t gold cut-off), which we believe could grow further still, as the deposit remains open in all directions. >>>
FANTOMAS