the so-called market pundits seldom get it right .... buying / selling on their recommendation is not something that should be indulged in ... these are just number crunchers who work on set formulas ...
ofcourse GBG is in a bit of bull poo and will remain so for atleast one more quarter if not longer and I do not need a 300K pa earner to tell me that the sp will remain around 12c ... we are overdue, over-budget, under-performing etc etc etc, but we have set the ball rolling and shipping ... all part of a big project nowadays to overshoot the budget ... some call it teething troubles, some call it incompetency but I think it is just par for the course perhaps unfortunately ...
if there is any bright side, it is that we have support from our JV partner and I don't think they are evil .... they could have bought us out a long time ago and can do so even today and if they pay us a 100% premium to our current sp, they will have to shell out less than half a billion ...
GBG Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held