With there off take agreements, magnificent facilities , access to markets, the GBG will sure do better. The stock is maturing, and it LT value will start to take hold as earnings become real-er. The fundamental p/e is riveting , a nice hold for many super fund types and at present offers an emerging ST trade IMO .
I like this stock and have traded , now getting close to a kitchen sink hold.
The big issue is completion of project, and how much over budget....and the potential to eradicate that capital implant through future earnings....these are the keys .
Well run, open mgt philosophy .... In other words, integrity .
Undervalued at 26.5, worth more.
Its important to be patient , however it's important to have a good attitude while waiting......the ole Caterpillar has taken that on board with his signature.....he asked for my blessing , and naturally I said...that's alright mate.
Good stock the GBG.
Cheers Doc
**** regards to Pistol, as this is a reply ****
Hoping to have some decent stock discussion.
GBG Price at posting:
26.5¢ Sentiment: LT Buy Disclosure: Not Held