please explain, page-3

It's churn and accumulation imo.
It's not about the gold but iron to be drilled next year.
Have a look at giralia presentation.
Daltons,150km to port headland,mcphee creek 220km away and right inbetween is corunna downs,170km from port headland.
Mcphee creek initial target of 100-140mt 57-60% fe.
From GIR presentation it states discovery, development monetisation.
They want to sell these.
At $1.29 per tonne for umc to $3.10 for wrk there is a bit of money to be made if corunna downs is viable.
And in the middle of those 2.
They can play with the price of gda because nothing is going to happen till next year.
Tell me about the fence wire on the aeromagnetics watso.