I know some will argue we can't compare GBR to our immediate neighbor MEK but I think the differences are important.
One key difference is MEK are revamping their plant and talking mining. They have no net cash and taking on debt. Just two months ago at the start of July GBR were double MEK's price at around $0.06 versus $0.03. Now today we are $0.046 and MEK $0.064 (MEK in halt today for CR by the way).
MEK has more than doubled in two months and GBR have gone backwards by about 25%. To me it sort of highlights that management need to more clearly articulate their pathway to production and tell the market.
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