Hopefully the plant at Eastern Creek does become profitable...i...

Hopefully the plant at Eastern Creek does become profitable...i feel that the price direction of GRD will hinge on how the plant is going - a positive result should confirm to the marke that the technology is profitable, but continued losses could see some sharp falls given the high p/e of GRD...

One positive is that GRD did enter into an agreement to purchase the entire economic interest of the Eastern Creek plant from Hastings in Nov/Dec, suggesting that management are confident about the future...