Ann: Ceasing to be a substantial holder, page-13

Good luck with your next investment, at the begining of the year MH held 11,100,000 million shares, IMO he now has around 3,000,000 left, after todays sellout. No question about it he has been the main seller for the last 4.5 months but I agree not all, when you have such a big holder with relentless selling its inevitable it will supress the share price and scare buyers.
Also at end of the day the market wants to see a inground resource of some substance and a pathway to production, till that happens not much value will assigned to OZM. IMO if we get a good MRE (about 1 million ozs) and a pathway to production with a Scoping Study, which should be announced this quarter, we should then get the re-rating, IMO of about $25-$50 million market cap. And once production starts $100 million market cap is a real possibilty.
IMO at the current strong gold price of $3,000aud per ounce and at 50,000 ozs per annum production with a heap leach operation, it should be a very profitable miner with a free cash flow of around $75 million per annum, based on an AISC margin of $1,500aud.
These are my thoughts only and should not be taken as financial advise, but thats what I am punting on.