when you look at their projection in their announcements, you have a look if you are really that interested, you will see that they have a very belief that they will be cash flow positive in Q2 of 2018 (+20 million if I remember correctly) with only 60% of production being offloaded. They have a deal in place that guarantees 60% of their production being taken off their hands. So their projections are as accurate as possible. That being said, I am not under any illusions that Godzilla could come and wipe out all of Asia at anytime and this stock will tank, but I felt strong enough after looking at all the numbers that this could pay off and was worth the risk. I'm very cautious in what I think the SP will or might be, because no one can predict that, but if it gets anywhere above 2c, I'll be a happy piggy.
GMC Price at posting:
0.8¢ Sentiment: None Disclosure: Held
