Technical analysis, page-737

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Just4kicks

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25/06/25

21:34

Post #: 79569759
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Originally posted by Paul88: ↑

You're brave brother @Just4kicks as OZM has turned into a revolving sh#tshow, in my opinion as a mug retailer punter. From one self-inflicted calamity to the next. Take your pick - from getting bent over a barrel in Brazil, to serving up our head on a silver platter to the bottom feeders (twice in the space of a few months!), and then there's everything in between like AC drilling in spots with historically dud RAB results (that is, drilling against the odds of a successful hit), thus killing momentum and smashing market confidence and the stock price (twice in the space of a few months). Why not drill where the old timers got those RC hits both to the south and north? After all, its a brownfields discovery where the old timers had done all the hard work! All that had to be done was replicate those existing RC holes and step out (argghhhh!). KISS principle applies. No need to get fancy right away with structural experts and so on, plenty of time for that later with cashflow from the HL. And about the HL, by my guesstimates, I logically cant see how they will deliver a DFS in September if the trial HL is supposed to feed into the DFS. No sign of the trial HL starting anytime soon. And no sign of the big man. No interview after the last market release and hasn't been sighted since. True to form, OZM gives us the silent treatment just like Boca last year. If I had to predict OZM's next move, I'd speculate that an exciting drilling program will suddenly pop up out of nowhere with pics of drill rig on site ready to hit great targets (aka director's special like probably twinning an old brownfield RC hit again)! Just in time for the bottom feeders to get their snouts in the trough again. Stuff your loyal long term holders that you keep screwing over though! Rinse and repeat, which explains OZM's longer term chart as brother slick pointed out. A board and management that's totally unfriendly to its loyal punters. Just a sh#tshow all-round. Hopefully the new Chairman can clean all this rubbish up (I do think the big man means well but he can't be expected to be the master of everything and do everything himself. He needs help on the corporate side, so i reckon appointing a new executive director/CEO would be a good start. That is my hope at least. I best have a BEX and a lie down now. AIMHO (DYOR).

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Some good points there. I'll be interested to see what our cash position is in the upcoming quarterly, we might be going into hibernation if it's too low or the dreaded cr (not expecting that though).

OZM Price at posting: 6.2¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 6.2¢		Change 0.000(0.00%)		Mkt cap ! $14.20M

Open	High	Low	Value	Volume
6.3¢	6.5¢	6.2¢	$34.78K	552.5K

Buyers (Bids)

No.	Vol.	Price($)
1	634222	6.3¢

Sellers (Offers)

Price($)	Vol.	No.
6.8¢	3087	1

View Market Depth

No.	Vol.	Price($)
1	634222	0.063
2	168512	0.062
1	10000	0.061
2	33326	0.060
3	139000	0.058

Price($)	Vol.	No.
0.068	3087	1
0.069	121951	1
0.070	95000	3
0.074	12787	1
0.075	350000	2

Last trade - 15.39pm 25/06/2025 (20 minute delay)

OZM (ASX) Chart

Technical analysis, page-737

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Technical analysis, page-737

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