CGT is putting truth into the old adage, drill for structure and mine for grade. Company has acknowledged all along that the field is nuggety and that there was no certainty of mining the minnows would be successful. Seems prudent that they have not advised resources, let alone reserves. Even more prudent that they have given up on the minnows and are concentrating on the major mineralisation with the funds remaining. Focusing where there is a lot more drilling showing grade and continuity even if its a way off is where I am comfortable. Expect this to be a wild ride on sentiment, rumor, success and issues till they report some steady state outcomes
CGT Price at posting:
16.0¢ Sentiment: ST Buy Disclosure: Held
