OAU 9.09% 0.6¢ ora gold limited

Ann: Fourth Quarter Activity & Cashflow Report, page-11

  1. 3,548 Posts.
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    Hi leinhad
    I realise that they have around $7m.
    But I imagine they'll need a fair bit of that to do GG justice.
    I don't want money taken out for anything else at the moment, until they finish doing the drilling at the appropriate Gold targets.
    A $1m of that is most probably needed to run the company and look after the other tenements they have to keep the mines dept happy.
    If there is some spare money then have a look at the likes of Allamber and Sophie.
    Who knows, maybe PAN decides to do some drilling in THX's 20% nickel play and that might have a positive impact on THX's s/p.

    Regards
    Dabru
 
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