GBZ 12.5% 0.7¢ gbm resources limited

Ann: Quarterly Activities Report and Appendix 5B, page-19

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    The thing to note is the 2m oz resource is scattered deposits; viability isnt as strong as we think. It will be viable and leverage is there for a extreme re-rate if we can add another 500moz within close proximity to the current 309/lonne sister area. Why southern sister imo is vital... Yadan again is too far away and not that viable at this point. Newcrest the proxy play for most atm - they find anything of substance we should be looking for a takeover pretty fast from someone.
 
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