daytrade diaries... may 18 , page-89

kevi, yes,

gbe is interesting,

while i hold, my thoughts are that the project is a ways off commencing, 2012.

The economics of the project are very good, in stable and appreciating comodities.

CAPEX 152
REV net 148
OPEX 74
MARGIN 74

NPV 10% 200m.

MC 9.

The presentation is likely to see some movement in the sp,
but will it sustain it, or will it just be a day traders delight?

I hold long from higher entry, and think that any run we have, will get sold down by the "too far to production" .

To fuel a real run, you have to convince the market, of sustainanility, even an illusionary one.

2012 is the killer.

9 mill mc is the winner.