"will it pay off in 2015/16 as GBG meets its Target Production Levels ?? "
Surely you mean "IF" GBG meets its Target Production Levels, until then nothing is certain along with will the companies survival until 2015/2016
Strategy of averaging down is fastest path to capital destruction unless you are short. If the first position is already showing a loss, why throw good money after bad only to try and make an intial decision look better on paper.
Always cut loses quick and early.
Kat.
GBG Price at posting:
4.7¢ Sentiment: None Disclosure: Not Held