The fact that this was released after market today may be pre-empting an announcement tomorrow morning.
My take is that it all sounds very positive and seems to indicate they already have a profitable mineable operation, but will improve substantially as they increase their understanding of the structure. The bottom line is it is a VERY large area of mineralisation amenable to open cut, which means it can be profitable at current grades and the higher grades, when they do find them will be a game changer.
GBR Price at posting:
22.5¢ Sentiment: None Disclosure: Held
