With a high gold price and looking like moving higher, there's more upside than downside with GCY. Higher grades to come will really leverage the operation, and a plant now processing above name plate capacity should pay down debt quickly and make the share price move up.
Market value for Glenburgh alone is 13c, so at current share price you're getting a 100koz producer at Dalgaranga for free!
Turnaround story, page-5
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