Anyone seen the new CCZ report on GBG website? Its an update from there May 2008 broker presentation. Very bullish on GBG and its potential. CCZ also state that a 2.4 billion tonne resource at Karara is a GIVEN.
The report has an indepth calculation on NPAT etc. However has modelled 24mtpa as the maximum production. I see this as prudent, but they mention they could do more and admit to not including any production upsides in any other mines such as Lodestone and Blue Hills + DSO.
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