OAU 16.7% 0.5¢ ora gold limited

Ann: THUNDELARRA WINS RED BORE COURT CASE , page-8

  1. 3,400 Posts.
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    Sadly the traders who jumped in on the 40% rise to 5c are the same ones dumping the stock now they don't want to have to settle on t+3.

    Good buying opportunity. I reckon it might dip under 3.5c. I'm still expecting more good results from all amber and Sophie downs.

    Assuming Richmond doesn't appeal (given past form he just might) my opinion is that red bore is worth as much again as the entire current market cap of thx but if there is any action from sfr don't hold your breath. I reckon that will take at least 6 months to play out if not 12. They are still getting through VRX.

    Management should be able to get those 45m in shares placed which will fund drilling for at least 6 months. Should they focus on red bore or keep doing small drill program's at allamber and Sophie downs? I'd rather go full bore at red bore.
 
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Change
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Mkt cap ! $35.70M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $2.008K 401.5K

Buyers (Bids)

No. Vol. Price($)
23 13486834 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 11603446 19
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