I've seen hundreds of analyst's reports over the years and they almost always (9 times of of 10) wrong regarding the target price; often very, very wrong. Still, they always look good and are usually a good source of information on companies such as Aurox who can be a bit mean themselves on divulging information to their shareholders.
A case in point is the upcoming payment due on the port facility; a few people (myself included) have asked how much they need to come up with by the end of March and the answer's on page 3 of this report:
"Aurox is committed to a pre-payment of A$12.6m to Port Hedland Port Authority to retain its reservation of de-watering and stockpile capacity at the Port Utah berth by end March 2010."
AXO Price at posting:
31.0¢ Sentiment: LT Buy Disclosure: Held
