It is nice to read the very positive JULY mining activity by GCY. It seems that that GCY - as a gold mine - and power consumer will survive.
(so why is Zenith share price mid 50s... I sure hope I learn Mr Market is dumb... or there will be a gotcha in the yearly report. In any case the GCY gotcha seems to be not a gotcha anymore.
The detail in the pdf really says: the mine has a longer term life, a new mine plan will be out late Aug, and from September it will be recapitalised or sold. In short, the mine should continue.
https://www.gascoyneresources.com.au/wp-content/uploads/2019/08/190816-Dalgaranga-Operations-Update.pdf
It is nice to read the very positive JULY mining activity by...
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