Ann: GBM Acquires The Twin Hills Gold Project, page-10

Thanks - some interesting background there - BMA Gold Limited (BMO) were victim of some poor quality geological and grade modelling in 2007, coupled with lower gold prices and the notorious Commonwealth Bank as a lender who were well known for their propensity to send mining companies to the wall at the most inopportune time! The Ferrier-Hodsgon and ASIC intervention debacle can't really be fairly put onto BMO management.

Some good history of how quickly it can all go wrong so relevant to GBZ to get their own resource modelling right.