GBZ 0.00% 0.9¢ gbm resources limited

Its awfully slow - we will get in the next week or so Newcrest...

  1. 991 Posts.
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    Its awfully slow - we will get in the next week or so Newcrest update at Mt Coolon around July 21st as a part of their quarterly exploration report. Nippon JV, we will get results in July at some stage.

    Regarding TH, we need to run geophys further on priority targets outside 309 and Lonne. Anything spent further advancing down plunge/dip is wasting capital. We must prioritize looking for near-surface gold-bearing ground, aka cheap/economic ounces. Currently, we have scattered deposits that are not viable standing by themselves - we need to find something else unknown to the market.

    So spending time on geo work for me is fine as long as well are also moving to get rid of White Dam as its wasting time and working capital.
 
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