Du, Ive just reviewed Ozl's JORC statement and it appears that just because of changing economic parameters (appreciation of Australian dollar v US dollars) then Ozl's gold resource will have to be downgraded by many millions of tonnes in additions to the issues that I've raised.
The real issue is that these issues arent being flagged either by the company or investors (all the information is contained in publically available information). So that investors get disillusioned and despondent and hence a collapsing share price. Things will only get worse until (if) the company starts to address these very high profile issues.
OZL Price at posting:
$9.48 Sentiment: Sell Disclosure: Not Held
