That sounds like a lot of GFO to run all at once on a tank.
I think that calcium reactors are designed to have a pretty low tank water through-put rate, but the GFO reactors recommend something like 80 gallons per hour. Can you double check that your calcium reactor output has a reasonable amount of flow going through it?
It might just be that the kit is reading 0.03 but the phosphate level is actually lower, and it's just a matter of time before the algae dies off. Although in my tank, just a little GFO (1 to 3 tablespoons) really seems to put a visible dent in hair and cyano in about 1 weeks time...