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3,010 Posts.
110
03/03/19
17:25
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Yes, absolute shocker. Never got its head above water.
The Geko project went to BFS, looked good on paper, but the grade evidently just wasn't there.
Just goes to show, have to do your homework very carefully on these low grade deposits,
The tragic thing is, the exploration potential of CM1's other ground (the reason many of us actually came to the co) is dudded now too.
No doubt there are lessons here ...but ones I, and fellow shareholders I'm sure, could happily do without the hardship of an object lesson in.
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