GSL 0.00% 17.0¢ greatcell solar limited

Ann: Steel Products Another Step Closer , page-8

  1. 4,358 Posts.
    lightbulb Created with Sketch. 2675
    Just as background info: Corus and its parent are doing it very hard and Tata have had their credit rating downgraded.

    http://asia.news.yahoo.com/ap/20090608/tbs-as-india-tata-steel-e285837.html

    This is not necessarily bad news for the solar sheeting project as Corus would need to focus on products that give them an advantage and better profit margins. If the solar sheeting project is starting to look the goods then expect Corus to throw their full weight behind the acceleration of the project. There is strong evidence that major advancements tend to happen when times are particularly challenging.

    But what it does probably mean is that Corus will not show much patience if the project starts to underperform.

    Seeing how there are other muck producers around and other steel companies that are struggling I would expect that Corus and Dyesol will play things fairly close to their chests until they are nearing the time to start ramping up production.

 
watchlist Created with Sketch. Add GSL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.