Strong buying today, may see that 11.5-12.0c resistance we've...

Strong buying today, may see that 11.5-12.0c resistance we've been up against the last month or two fall if this keeps up.

So much to look forward to this year, and with loyalty oppies record date in 3 weeks, the window to take a position is fast closing. I was lucky to pick up some at 10.5c, always have time for GBZ when someone is dumping without any common sense!

Speaking of White Dam, it would be good if management address some of the sale rumours/speculation in a future White Dam update. If they are fully cashed up for 22 drilling with 2 rigs between cash on hand, loyalty options, NOVO and CUR shares, then they could hold White Dam for 22 at no opportunity cost. $2-3m free cash flow from White Dam added to the kitty for 22 based on performance to date. Then if they keep advancing Vertigo (maybe White Dam North too) mining plans, they would be looking to start mining maybe 3-6 months into 23. By that point, the $10m sale speculation wouldn't stack up against existing heap FCF plus Vertigo, especially if gold continues to stay north of $2500 AUD/oz.

Vertigo holds 38k oz, if you assume only half falls into pit shell and is also recovered, at an AISC of $1500/oz (very conservative for this operation), that's $17m FCF plus significant copper credits through SART based on recent Vertigo Cu % hits. Additionally, Vertigo JORC should be updated shortly as per communication, and is likely going to be upgraded to indicated with possibly an increase in oz..