I'm holding onto mine as the announcement suggests a profitable mine will be deliverable and once this becomes clearer, we'll begin our slow climb. Some of the traders were hoping for a huge resource even though our Executive Director specifically said in an interview that we weren't pursuing a huge resource.
I refer everyone to look at page 8 of the below link to see that the price per tonne is the driver of the market cap. These results suggest a high price per tonne should the flow rates be good.
http://goldphyre.com.au/gph/wp-content/uploads/2016/05/GPH-20150523-External.pdf
DYOR.
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