OAU 12.5% 0.7¢ ora gold limited

Gold price, page-33

  1. 3,577 Posts.
    lightbulb Created with Sketch. 162
    I understood that was the original plan.
    Find a high grade, shallow resource and mine it to self fund further exploration.
    We have a huge tax loss to put against initial drilling, so all ORA's profit would be put into additional drilling...NO TAX
    We have two mining licences, so why not find a way to make it happen .
    Definitely a far better way than printing billions more shares.....it's a bit like hyper- inflation.
    Cheers Dabru
    Last edited by Dabru: 22/04/24
 
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