GBZ
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0.00% 0.9¢ gbm resources limited

Ann: Trading Halt, page-19

  1. bushandbeach
    78 Posts.
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    20/04/20
    17:58
    Post #: 44148674
    Worth re-reading this scoping study report from late 2017 on Mount Coolon.

    https://www.asx.com.au/asxpdf/20171204/pdf/43pvhf8kv54tyl.pdf

    At today's A$ gold price (say A$2,667/oz for round numbers) with similar operating costs, an extra margin of ~$1,000/oz might be possible (up from A$1,667/oz price used in study). On 155,000 oz production that could be a serious amount of extra cashflow.
    Looking forward to see what the new team can deliver on Mount Coolon resource base.
    GBZ Price at posting: 6.9¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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