IMO GBG will continue to trade within the 18c-21c range until commercial production is announced
As I got in at the lower end of that scale, I am happy to sit around and wait. But I imagine a lot of frustrated investors are dumping out of sheer impatience and anger
Again its a tedious and frustrating wait for end of April, which is when a further updated is expected.
Up until then, expect profit taking and traders taking advantage of this trading range.
3 weeks of manipulation and trading to go.. and fingers crossed north korea doesn't pull the trigger, iron ore prices hold up and production rates are achieved.
IMO GBG will continue to trade within the 18c-21c range until...
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