Even blind Freddy can see that there is no market interest and the expectation of the dso has already been priced in. The last suite of announcements comprising the funding completion , electricity agreement and the shipping of the smelters actually sent the price backwards. The recent broker presentation / roadshow has fallen on deaf ears which is clear indication that this project is not resonating with Australian investors and attracting any corporate interest whatsoever. As stated before they should have relisted on Singapore delisted from the Australian market and pitched the project to astute offshore investors bypassing the local rabble. And with 2.6 billion units on issue any upside is significantly reduced
GMC Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
