OZL 0.00% $26.44 oz minerals limited

qtly thoughts

  1. 5,227 Posts.
    lightbulb Created with Sketch. 146
    My thoughts on the qtly. I will post more once I have listened to webcast
    Good
    – Exploration Decline for C approved
    - Ankata ore is grading 2.8%
    - ROM pad has again been used to keep production going to guidance
    - C1 cash cost is within guidance
    - Yearly output is within guidance
    - Exploration drilling under the pit will commence in H2 - could lead to mine life extension.
    - C drill results are good and the C resource keeps on growing

    Bad
    – No capex for the Exploration decline announced
    - Did not realise that the C decline would take 3.5 years to complete. It must be a big decline.
    - C1 is higher

    HT1
 
watchlist Created with Sketch. Add OZL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.