3m @ 167.26g/t au, page-55

I just read through the half yearly.
It says they sold mt caudan and will concentrate on more significant corunna downs.
To quote"Preliminary results from this 50m line spaced survey are expected to be released in october 09"

If i could offer an opinion i wouldn't be surprised that it was Cazaly buying gda at a million or two at a time.
On sep30 the rhodes decision was handed down and on the 24th of sep caz accceped an offer from nmi for it's gold tenements.$400k +shares.
Caz is out of the gold buisness and concentrating in fe.
Why not go back to where you had success before.
They had about $3.5m last quarter,just accepted a $4m placement + a lazy $400k.
They need more fe.
Gda hold about 2.4% of caz so it only makes sense that caz is buying gda. Gda have more fe.