Hi asf, thanks for the coverage on GLA so far, let me assure you...

Hi asf, thanks for the coverage on GLA so far, let me assure you that you are not alone, been in GLA for the past 2 years, took my rights , tried to get shortfall to no avail , aways a good sign .
The demand for the opies is very encouraging , the heads should be 11c right now.
Top up time in both.
Thanks for the nice post SouthOz, I think you might be onto something there.
My prediction for GLA sp 90c in 6 to 9 months time. No surprised opies are in demand.
We are at bfs timetable, thanks for all the good work management so far to get here even though the sp does not reflect it yet.
and a little something to refresh memory as per ann. on 28/6/2011


? Maiden JORC compliant Inferred Resource of 58.24 million tonnes at 27.9% Fe, for two localities within the Zapucay Project (no lower cut-off grade applied).
? Resource based on 4,800 metres of RC and diamond drilling over two kilometre strike length at Cerro Iman (1,500 m strike) and Cerro Papagayo (500 m strike).
? Geophysical modeling estimates a volume of 32.4 million cubic metres of magnetic material at Cerro Iman and Cerro Papagayo, equivalent to a minimum of 100 million tonnes.
? Drilling in progress on additional 3 km of strike length on the Papagayo ridge system.
? DTR tests indicate excellent weight recoveries averaging 33.7%, and a concentrate grade of 66.1% Fe with low silica, alumina, sulphur and phosphorous.
? Drilling in progress at the 8 km long parallel Buena Orden ridge system, with very encouraging intercepts.
? Geophysical modeling estimates a volume of 22.7 million cubic metres of magnetic material at Areicua, equivalent to a minimum of 70 million tonnes.
? Inferred Resource significantly exceeds that required for the base case pig iron development.