I have read in comments tho that whilst the title of the announcement read 1.1 billion tonnes, it is actually 550 tonnes that is of minable grade. Still there is little doubt in my mind that this maybe of more value than gbg's current resource.
Unfortunately, I am not learned enough to work out the better value and hence, I shall be seeking other opinions and so yours also is greatly appreciated.
No doubt both will be mined and no doubt both will rise to where the market thinks they should be priced. I am glad you have a use for your tax loss, but a tax profit is really much more desirable.
Good luck good doctor
Harlee
GBG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held