As we already knew haulage has been a problem. Good news is expecting it settled by April.
But more importantly stage 2 - planning for increased production is underway.
Honestly GWR is my most comfortable hold in my entire portfolio. All these people fretting over slow haulage in the first month production... it means absolutely nothing in the long run.
And that's what this is - a long run. If we can get Esperance running for stage 2 next year we will be able to at least 4x our output from where it is now. If you are willing to wait it out until stage 3 then this is a billion dollar company in 5 years.
GWR Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held
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