GBG was not a small exploration company.
It had a market cap of around a billion dollars for years.
Infact it had a market cap of about 1.3 billion when it realised it had a second major cost blow out. But wait... It left that for 6 months and saw the share price go from $1.40ish to 75 cents (Market cap 700m) before it raised $200million or so at 0.67 cents 6 months later.... Terrific management.
This is just one example.
Now we are 2 months off nameplate production and are valued like a small exploration company or failing miner.
I've been here for years. I know all of the blunders off the top of my head. Of course I am angry, as should all other long term investors (suckers).
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