In short: They have commissioned 4 out of 9 areas and they have encountered not real issues. So commissioning and ramp up is going really well. Confirmed their target of 8million tones by the end of April.
3rd Magnetite shipment due out today.
first repayment of debt around 63 million dollars due in November.
Looking to receive 20% for their final product.
Everything we all already know but it is great to see GBG confirm it. I hope this marks the begining to a higher share price for all of us shareholders.
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- great update from tim netscher on gbg.
great update from tim netscher on gbg.
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