MJ what are you talking about? PTQ pays Zacks for the report and Zacks pays Ralston. It's as simple as that.
The 2.00 price target issued by Zacks is not based directly on a calculated increase in earnings. In fact the 2.00 price target is not based on earnings at all. For you to suggest so it misleading at least. It's based on a sum of the modeled valuations of the company's assets. A computer model based on arbitrary metrics which can be just as easily chosen to make the company look like it is worth 2 dollars or 50 cents.
As you to your constant chatter about libel, that is a smoke screen to divert attention from the issues at hand. Ralston did not write report with a target price based on earnings projection (like the majority of the Zacks reports are based on).
The Zacks report is weak because it ignores the lack of the companies ability to meet it's own guidance as far as production and the implied earnings that flows from that production. It takes the company's assertions at face value that production can be brought online before the end of the year even though this directly contradicts the reports own details about the difficulties of successfully bringing this Spanish mine into production.
And again, where did the 750 dollars a tonne figure come from?
JFF7
It's better to be out wishing you were in than in wishing you were out.
"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes
