We can only hope things go according to plan but in Indonesia delays are inevitable and even the best laid plans can go awry. The shares have lost more than 75% of their value since the 2016 4.2 peak and continue to flounder at 1.2 and I can't see the share price making a significant come back from this point as the damage has been done. If developments were so positive both Triple c and the billionaire investor would be in the market buying everything up to 1.5c and not trying to save 1/10th of a cent by bidding at 1.2
GMC Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held