With outperform ranking and 60c 12 month target, I can live with that >.<. imho someone above nailed it, the negative Ann was Friday after market, this Ann on balance is pretty positive given GLN is currently rated as essentially not happening. When the market catches on it's happening things may move relatively fast. Reminds me of PSC in some respects ignored for quite a while and sold down when people saw agricultural looking pilot plant equipment that was fully fit for purpose. Fast forward a couple of months and things were sweet.
Agree with Mondy that the at "Glencore full discretion" is a potential issue. I assume there are some exit clauses for GLN in the fine print though. Competitive tension with a possible other partner for phase 2, who might consider "buying" out Glencore from phase 1 also doesn't hurt in getting Glencore to speed up a little.
Also agree with a bunch of the positive stuff above.
TBH whilst Monday is polite the constant picking on anything remotely negative has me seeing that person as a troll, if a polite one. Do appreciate the civility tho, there are some batshit crazy ones so Mondy is far preferable than those >.<
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