very true... it is not a surprise that we are in a bit of mess and that is a known thing for almost 2 years +++
there had to be a time when the two management would have to come together to deal with this and that time has come...
as a shareholder, all I ask for is some more time so that the IO price can hopefully recover (as most commodity price does) and in the meantime we can keep shipping so that nameplate can be finally achieved...
the fault is with the GBG management for mishandling this in almost every possible way but as shareholders we have been witness to the horror of this sp slide and we should not be surprised now that there is a "talk" ongoing...
Personally, I don't think we will see our money back (for those who started investing in 2008) and have averaged down (I think my total holding is now averaged down to 11c)...
will I see 11c and probably break even (not counting the holding cost + lost opportunities and all that)? I am not sure but if the IO price ever goes above 110 pt and we have solved all our operational problems and IF WE ARE STILL ALIVE then maybe
GBG Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
