OAU 25.0% 0.5¢ ora gold limited

May be that original plan fell apart, because of the time it...

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    May be that original plan fell apart, because of the time it took to get the Native- title owners to sign the permission statement.
    At least Phil is still backing the company....I've seen him give his support a number of times in the past.
    As far as the 7% interest rate , commercial rates are normally higher .
    Was expecting the Gold price to go a lot higher, with all the financial problems in the world over the last couple of years, but still seems a bit sleepy.
    If we'd had a bigger push in gold prices, I'd imagine there would have been a lot more interest in exploration companies and the so called penny dreadfulls get caught up in any big rise.

    Cheers Dabru




 
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