Ann: Acquisition to lift Mungari to Cornerstone Asset, page-86

I still remember a few years ago when I bought my first FMG parcel at $4 per share, all these brokers put a price target of $2.5 for FMG and AFR said SP would drop to 50c.

All these price targets mean nothing for gold stocks. The only thing that affects SP in medium term is the POG. When POG = US$1900 these 'price targets' are simply laughable.

Mr Market will give EVN a fair value according to the recent quarterly update and CR. Posters need to remember EVN is still making a profit and it's trading at less than 20 P/E so it won't go broke like many other small goldies. POG changes every minute and these instos can't predict the future gold price. From a long term perspective, if you think POG will keep going up, investing in any large gold producer won't go wrong, IMO.