Yes, that has been out for a few weeks now. Euroz are generally pretty accurate with their recommendations. I was involved in that field for a number of years so I'm quite sure the tech data used was evaluated thorougly and signed off on at the appropriate levels. All the fundamentals are in play and pending announcements on likely resource upgrades would seem to support the recommendation. It wouldn't surprise me if the 25c target was hit in June and exceeded by December, provided the market continues to build on the gains in the past 5 months and China doesnt collapse!
FMS Price at posting:
13.2¢ Sentiment: ST Buy Disclosure: Held
