guys lets be clear - if the takeover was not on the cards which includes a massicve dilution risk if GDO does not mmet production targets i too would be bullish on this report.
I like to look at things a little deeper than company spin. last quatelry , they had full detail on prodiuction ramp up including the number of panes and ore they were building up which in turn increases confidence about production targers been met.
I have decided not to remain a holder for the 8% which I disclosed, as I decided i probbaly didnt want to hold given the slippage of the prefeas for Vburg.
so lets be clear i am distinguishing between a good quarterly report (good as it meets expectations) vs some ambiguity about future production targets been met ( which now matter a hell of alot) and Vburg.
GDO Price at posting:
51.0¢ Sentiment: Buy Disclosure: Held
