Thinking about Corus plans to cut 3500 jobs worldwide.
Am not to concerned as these sensible adjustments to current lower market demand likely within focus of strategic review which followed wider economic downturn.
Corus being owned by India's Tata Steel reassures as like many governments India attempting to reduce oil consumption.
India experiencing increasing demand for electricity, both industrial and consumer, so IMHO Dyesol technology provides many benefits to India.
Facility in Wales tests industrial level production of the technology.
When that works, likely see major production plants in many locations, eg India.
In the mean time, market players play the market... as many would like afford to play ;-)
GSL Price at posting:
83.5¢ Sentiment: LT Buy Disclosure: Held
