From Canaccord's report "we understand that GXY is in discussions with the various counter parties, and note that
penalties under the agreements for late delivery are mostly immaterial."
and "Looking to 2017, our revised production forecasts should allow GXY to comfortably
satisfy offtake commitments (CGe production 190kt vs 2017 commitments of 120kt)."
behind now but future production increased. The Chinese customers knew we were in ramp up, so not totally unexpected.
GXY Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.