RE: Size matters?3 Oct 2025 19:28
Prickly I was comparing the size of the documented OP deposits in the JORCs GLR is over 60,000 tons and BZT 28,800. This is important because the OP is by far the most profitable part and doesn't need that much financing. If you count the underground then they are similar in size but I didn't compare the overall size of the JORCs just the OPs. The deep deeps in GLR could be in excess of 1,500,000 tons(not in the JORC) and BZT don't have this extra gem. In fact BZT have to go mining because they have nothing else to do while GLR would welcome a sale to concentrate on the other 8 assets.
I agree with many posters that momentum is more important than fundamentals at times but the fundamentals always win eventually.
It does not help that we have desperate posters so called investors who act like they are shorting GLR. Moaning at your children might work but it does not increase the SP in fact it does the opposite. So my message to the moaners is shut up or sell up because you're not helping anyone especially yourself.