ann: trial mining & commissioning underway, page-25

That Ord Minnet research was in a way particularly bullish on its top picks because of their much lower target projections on other stocks they covered.
Other than the top 4 with +73% to their target price for ABU and +52% for MML (the two I hold) and +30% for BDR, +126% for CHZ, the others that they cover have the following price moves to their target prices;
SUM +45%, SAR -1%, RMS -13%, SBM -16%, NST -14%.
So they are clearly not generally bullish on the sector but rather bullish only on select stocks.
That is in line with my thinking if I assume spot gold but because of the fact that the more leveraged plays are outperforming on a regular basis lately suggests the market expects the entire sector to gain so if the market has that right, the upside for ABU, MML may be quite a bit better than Ord Minnet’s targets.