Management said that we’ll get the US$257M by the end of October, and now it’s a bundled deal and we won’t get paid US$272M until at least February 2019.
No SDV deal, and perhaps one will not eventuate. No January surprise for shareholders in the form or a dividend or share buyback.
We know from our shipping data that we have produced less than 45,000t at Mt Cattlin, so fingers crossed the that Optimisation Project was successful. They could have announced it here however.
I do appreciate the update today from management however.
GXY Price at posting:
$2.17 Sentiment: Buy Disclosure: Held
