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clock Created with Sketch. 08/09/20
17:14
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Originally posted by kvsae:
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Reposting the pointers from my last week catch up with OAR Chairman Chris Gale, I believe this will help answer few questions on this thread. Obviously Chris couldn’t tell us much but below are the things he could tell us, so here we go.... Whole Nevada drill program is fully funded therefore there’s no immediate need for a CR in the short term. Everything is happening really quick over there and they might even be starting to drill few days earlier hopefully by this weekend. He seemed very very upbeat and super excited about our prospects in Nevada and has spent lot of time to make sure drilling will happen according to the plan. Labs are not as busy as they are over here in Australia so we should get the lab results fairly quickly after the drilling is completed. I have asked him about our Halloysite project next to ADN in South Australia and mentioned that I felt like he wasn’t too keen on that project. He has assured me that’s not the case and in fact they will get some boots on the ground there just like he mentioned at the last AGM. He couldn’t tell me much about the Crown Project maybe because of the confidentiality reasons so hopefully we will get an update soon. New Geo manager Tony has vast experience in PGE projects among other things, which I feel is the main reason why they have hired him. Peru is on the back burner due to C19 situation. I am extremely confident of the direction OAR is heading under Chris Gale and it’s really nice to see the market is finally waking up to the fact that still how undervalued OAR is. Hopefully we will have lot more green days ahead of us.. Hopefully this will put a smile on lot of OAR holders All IMO and Please DYOR. GLAH
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Hiya Kvsae.... now lets be honest no one really knows what the CR funds are for but (to me) it just makes not a great deal of sense to be used in Navada when drilling has just started.... but given the "silence" in your above coffee catchup with Chris and Tony regarding Crown....... maybe just maybe the silence was for a good reason as they will be used for Crown? And hence they couldnt say anything. Just my thoughts
(20min delay)