Reversing the old "good, bad, ugly line" to ugly, bad good (to help me justify buying more yesterday)
Ugly: Big projects invariably have budget & timing issues, but it is in how well (& often) this is managed & communicated, that can limit the SP damage.
Bad: Cost & time blowouts
Good: The project has been optimized (under the circumstances) to at least bring part of the plant into operation in Q3. This is better than waiting for Q4. The overall project delivery timeline is still impressive if you compare to say building the equvalent plant in Australia.
OK, I have convinced myself !!!
GXY Price at posting:
22.4¢ Sentiment: Buy Disclosure: Held