What a foolish reply. Take your rose-coloured glasses off Rx. 514k oz but mostly unprofitable ore. Much larger, efficient operations are struggling to make a profit even at 1.3g/t, so minnow GBZ has no chance of making a profit at 1.0g/t. That boat sailed long ago due to increased labour and infrastructure costs. Yes, East Hill high grade is the only profitable area IMHO (and fortunately highly profitable), but that is only 200k oz, so we're still nowhere near large enough for it to be worthwhile building a mill. Three million oz of non-refractory ore at 1.5g/t would make a difference, but we're a long way from that.
The share price is yelling at you Rx (and other pumpers). We're at 3 cents for a reason, and it's not because we're a "hidden gem", "flying under the radar", "undiscovered", etc. Other parties far smarter than any poster on this thread have long ago run the ruler over GBZ and understood we don't have anywhere near enough to make the grade. Far from it unfortunately. The gold price in AUS$ has never been higher, and yet we're at 3 cents! Wake up; you've fallen in love with this stock.
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