Previous report mentioned that GBG's KML project will become cash flow positive come the march quarter.
This is the main positive us shareholders can look forward to.
If this statement does not happen the market will punish
the SP.
I/O price is currently poor at under $120 and all I/O companies SP's have fallen.
I have been told the half yearly report is a couple of weeks away. I believe they will release this half yearly report together with an activity report they promised by the end of March.
Unfortunately this company has become a long term investment and long suffering shareholders will have to stick it out for at least another 12 to 18 months, thats how long this will take to achieve it's nameplate of 8mtpa at 68%. Not Happy
PS I am one of the idiot's that still hold a lot of stock in GBG and am now committed to hang on to them long term Sh#t Happens
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