RE:RE:RE:RE:RE:May 4 - One week - FS - Trent ConfirmedIn my experience, a stakeholder as involved in a project as GC is in this one, they would have a look at the feasibility study before it is released. Feas studies rarely get released without the owner/stakeholders having a critical look and spinning the data in a way that is favorable to them, if at all possible. I was on one that had a negative NPV, the client obviously didn't want to release that so we engaged in a high-level value engineering effort, came up with some ideas to reduce cost, reduced some factors that were used for calculation, scaled some savings off a similar project that had similar improvements, and voila! NPV was over half a billion. Report released, stock went 300% over the week following the release, and it is still trading 250% what it was before the study was released.
GC's feedstock is attached to the FCC mill, they want their product to be presented in a positive light. As well they have offtake agreement- they are buying into this mill. If FCC doesn't look good, then GC looks like a bad investor and shareholders will lose faith. I would be surprised if some senior leadership at GC wasn't looking this report over and ensuring the data is presented in the best way possible.
Insider trading? Might happen, but it is really on the individual to assume that risk. GC as a corp isn't doing insider trading.