GBM 0.00% 0.8¢ gbm gold ltd

I've reflected on this in light of what PAD has suggested, and...

  1. 177 Posts.
    I've reflected on this in light of what PAD has suggested, and whilst I agree with the sentiments Doon expresses, and are frustrated at - well anything that is not clearly communications, I feel comfortable "keeping the faith".

    This is pretty clearly an inconsequential compliance announcement. There appears to have been some technical variation in the lab test result when they retested and the new result was expressed differently from their first announcement on the gold yield in the Concentrate. They'd have felt compelled to disclose for the Geologists amongst us, but I suggest they are erring on the side of over-compliance, and being overly conservative and careful.

    That test was on a sample from only the first 500MT of tailings processed as a "shakedown" ... now they will be much further through in their processing - so I'd say they'd be coming out with something clearer once they get the yields on production over a longer period of time.
 
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