I respect your opinion. A scaled up production profile is what a 50/50 partner would look for, meaning 30,000 or 40,000 ozpa. This means start-up cost would also increase significantly possibly $20 to $25m. That equals what OZM spent approximately.
I agree that there's plenty more ounces at Mulgabbie. We've only drilled/targeted a starter pit style on the granted ML. There's 8km of strike by memory. We're surrounded by third-party satellite deposits such as NXM. There's simply no shortage of ounces in the Eastern Goldfields.
The partners, imo would want nothing to do with a tiny say 10,000 ozpa profile.
This is all just my opinion. But I welcome all respectful opinions that differ.
OZM Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held
