Vertex Minerals VTX bought a Gekko in early 2024 .It seems to be an undergound mining operation grading 16 gram per ton. It is the old Peak Hill mine . That is a bit different to 1.2 gram per ton that Kat Gap grades. At Kat Gap they had to pay to have10 to 20 mitres of overburden to be removed in order to access the mineralised section of ore.
Vertex only paid $662,000 for the plant .
In order to make Gekkos efficient they need substantial upgrades .
So why did CLZ cease processing with the Gekko and why haven't they completed the last Quarterly Activities and Finance reports of September 2024 and why is CLZ suspended from trading on the ASX.
Garf and Whirlpool try to shutdown debate on these questions that shareholders are entitled to know
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