Q1, GXY produced 41 Kt and exported 18Kt so we have a stockpile of 23Kt .
Q2 , GXY will produce about 50Kt.
Should we expect Q2 shipments of 91Kt ? or more stockpiled?
What is the point of producing goods which are not yet in demand ?
Holding GXY for the last 10 years and not getting younger...
We are now back to prices on the 23/06/17- 30/09/16 and 08/04/16 when we believed that GXY had a great potential.
3 years of hope crashed in one ann.
Disappointing .
GXY Price at posting:
$1.64 Sentiment: Hold Disclosure: Held