Interesting thing is that out of seven analyst reports on the new merged company EVERY single report is positive. On top of that in recent days, three articles that make clear hard nosed analytical Targets of $3.45 through $4.50 12 month targets. Whilst acknowledging the short term outlook is hard the whole things hinges on a turnaround in zinc and the billions of dollars in profits that will be spewing out.
I reckon this month with the shorters, the ZFX unloaders, the Ox unloaders, the funds playing games, the doomsdayers, the hecklers who can't see past the next day, that in six months time we will laugh at the current price.
I am sure there will be some sideways trading over the next few months however the numbers and the profits we know are evolving make the future story too compelling to ignore.
Just me optimist outlook on an otherwise pessimistic day.
Cheers,
Mont
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time you guys look at the facts, page-23
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