re: Ann: Mako Mineral Resource Increase and B... plough, what's your investment philosophy with CGT? You were a buyer in Nov @12-15c because grossly undervalued - then a seller in Mar @9c because MD went to meet the 28% shareholder in HK (who you were unaware of) Now it's at 12c plus and you're pleased with decision to sell? Really?
I see a mill @13% capacity mining high-grade a month ahead of schedule and that 13% trending up sharply over next year while resource grows faster. So CGT with its $40m plus in tax losses may be on track to generate more than its current market cap in cash over next 18 months.
The Mar mining figures are being reconciled with output of plant they say. So probably another Ann in next week or two.
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Ann: Mako Mineral Resource Increase and Britannia, page-16
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