Feel sad to see this announcement more than the slide from $1.40+ to 5c.... What a waste of an opportunity to be one of the biggest & the best in class for a premium grade product.... the delays in reaching nameplate are a bigger reason for the downfall than the price of IO in my opinion.... faults after faults in the line prevented the nameplate production and the designer of this plant should be made accountable for this...
too many things have gone wrong here and I think we will be left with a sub sp offer.... I will be surprised to see a premium on the sp.... reminds me of NXS where the sp was 5c+ and the TO offer was 2c...
GBG Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held