$1 target, page-3

I think GBG just cannot catch a break....

all things that can go negative in terms of sentiment has gone wrong...when IO prices were sky high, we were not in production and ironing out our infrastructure cost blow outs and other financial issues...

now that we are finally about to start shipping, IO price has just collapsed....

I don't think any valuation is possible at these rates as sentiments are extremely negative and only once they start shipping out and IO price trends towards $110-$120, will the market re-rate GBG and we may hit something near $!...but until then, it is going to be a shocker...