OAU 0.00% 0.6¢ ora gold limited

Ann: New High Grade Intercepts At Abbotts Gold Project, page-34

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    This same thought crossed my mind, but when thinking about it You would assume that as the money from gold mining is just around the corner Phil Crabb would not be keen to blow the share capital out any further. The most likely scenario from past support by Phil would be he will convert his 20 million 1.8cent options to top up any petty cash needed in the short term. I am not sure if the company gets physical gold from Westgold when processed, but if they do ORA could on sell prior to receipt.
    Once they start on Crown Prince, the rest of the open cut prospects ie, Lydia and Abbotts can come on stream giving an ongoing income.
    In a good position.
    2021 our year.
 
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