OAU 20.0% 0.6¢ ora gold limited

Ann: Further High Grade Gold Intersections From Crown Prince, page-16

  1. 33,487 Posts.
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    "to start mining you need a minimum of 500oz of Gold and he believed OAU could easily be twice this "

    Hopefully they have a lot more than 500 oz of gold as that is only about $1.4M in revenue does not seem a lot after all the regulatory costs involved in mining and land clearing .

    On another note I thought WGX was putting in place a financial facility for $100M (that is different from raising 300M ) ?
 
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