I've come to a similar conclusion and will still hold as I think this is early days yet with some surprises coming to the upside.
word close to the company has said that management are very surprised at the efficiency of the gravity concentrators or they severely underestimated the grade of the tailings.
The testing will sort out which is the case but, ultimately, they're getting the gold and that's what counts. Don't be surprised if these blokes are on a p/e ratio of 1 soon ;-)
GBM Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
