OZM 5.56% 3.8¢ ozaurum resources limited

Gold Price, page-1207

  1. 746 Posts.
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    I believe you're right. Its not the saviour for now. Simply because it was not prioritised and minimal funds were budgeted for it. For example, in the Oct 2023 presentation only $100k was earmarked for the Mulgabbie North SS. The money and effort was diverted to Brazil. Unfortunately so far the Brazil experiment has borne no fruit (as far as the market releases tell us anyway). OZM will need to rattle the tin can shortly if it wants to commit to any serious drilling program. This is inescapable because even that lone hole at Boca cost $46k (see last Quarterly Report). DD hundreds of meters through peg ain't cheap even though costs are kept to a minimum with your own rig.
 
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