You cannot compare it to PLP. Apart from the fact that GTT stumped up the capital to get the ball rolling. GTT are in it for the short term money, that's it in total. Their business model is to help a distressed company get back on its feet, help find a project for the company and feed it some more money (to the advantage of GTT) to get it to a stage where it can start to develop itself. Then they need their money back to repeat the process. Stick with it and you can make money two ways. (1) with the value that GTT gives the company short term (the price will go up), and (2) if the project has legs it will reflect in the long term share price.
PLP has disruptive technology that has great potential in its own right, then it has some projects of its own. Its business model extends way past the life of a mine to the life of the patent and the license agreements in place.
GBX Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
