Not totally surprised at todays spit..IMHo it is option conversion related....the PFS was First class in fact it took a conservative approach 11000tpa is lower than I expected. Cost came in lowest in class ..partly due to sulphide credits..offtakers wont be upset. Graest chance of obtaining stabilised deals..with only 2 trading days for option...todays action insurs my lonh held view 15_20 m wont be converted..not a worry. This all means todays sub 2.5c is a one in lifetime xmas gift
Ann: Gabanintha Pre-Feasibility Study and Maiden Ore Reserve, page-60
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