Brokers Valuation Reports, page-3

View attachment 947146 View attachment 947149 View attachment 947152 View attachment 947155 View attachment 947158 View attachment 947146 View attachment 947149 View attachment 947152 View attachment 947155 View attachment 947158 Interesting appraisal, in that it informs us of progress at Mt Catlin, which sounds bloody promising for 2018. But the most interesting bit was the final page, where UBS reprinted its previous appraisals of GXY. Since mid-last year, they've had it on neutral at a time when the SP has more than doubled. Its SP predictions have been consistently wrong by a mile, which gives me confidence that their present prediction will be similarly wide of the mark. I don't say DYOR for nothing.