OAU 20.0% 0.6¢ ora gold limited

Ann: Red Bore Pre-emptive Right Exercised, page-38

  1. 625 Posts.
    I'm not too bothered by this. Yes, IMO, SFR are more likely to explore RB successfully & possibly quicker than WR, but even if they were successful THX would be some considerable time away from getting any on-going meaningful $$. Now they have got an extra $1.5m in the kitty & can use that to get stuck into where THX's short term future/survival depends & that is GG.
    RB wasn't/isn't going to determine our success over the next 12 months - GG is & anything that speeds that up is positive.
 
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