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3.6¢ ozaurum resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-65

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kevin103

17,261 Posts.

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30/07/24

21:35

Post #: 74990502
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Originally posted by The Mechanic: ↑

Great quarterly, looks like Niobium is the main focus and Lithium will be put on the back burner, IMO the right path to take, it’s a no brainer.
Lithium is in a bear market and Niobium is in a bull market which is likely to continue for many years as there is limited supply, particularly if Niobium batteries take off, IMO is likely to happen.
Our Niobium prospects are only few kilometre away from one of the largest Niobium mines in the world.
Also great to see Muligabbie back on track and if AP can get a good deal done with a JV it’s the way to go, reduces the risk and eliminates going to the market for funds and preventing dillution of shareholders. A company with big bucks could get a big gold HL operation happening pretty quickly producing around 50,000 ozs per annum, giving OZM a very handy big cash flow, to progress their world class projects and pay dividends.
Fully support AP and his strategy.

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Niobium is the focus?

Only until such time its no longer the flavour of the month then it will be onto the next element on the Periodic table.

Last edited by kevin103: 30/07/24

OZM Price at posting: 5.3¢ Sentiment: Hold Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 3.6¢		Change 0.000(0.00%)		Mkt cap ! $5.715M

Open	High	Low	Value	Volume
3.6¢	3.6¢	3.6¢	$519	14.40K

Buyers (Bids)

No.	Vol.	Price($)
1	650	3.4¢

Sellers (Offers)

Price($)	Vol.	No.
3.7¢	105000	1

View Market Depth

No.	Vol.	Price($)
1	650	0.034
1	1000	0.026
1	200000	0.025
1	50049	0.020
0	0	0.000

Price($)	Vol.	No.
0.037	105000	1
0.039	210319	2
0.045	21000	1
0.048	25000	1
0.050	39083	2

Last trade - 10.06am 12/11/2024 (20 minute delay)

OZM (ASX) Chart

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