OZM 6.12% 5.2¢ ozaurum resources limited

Gold Price, page-1251

  1. 4,002 Posts.
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    I respect your opinion.
    A scaled up production profile is what a 50/50 partner would look for, meaning 30,000 or 40,000 ozpa. This means start-up cost would also increase significantly possibly $20 to $25m. That equals what OZM spent approximately.

    I agree that there's plenty more ounces at Mulgabbie. We've only drilled/targeted a starter pit style on the granted ML. There's 8km of strike by memory. We're surrounded by third-party satellite deposits such as NXM.
    There's simply no shortage of ounces in the Eastern Goldfields.

    The partners, imo would want nothing to do with a tiny say 10,000 ozpa profile.

    This is all just my opinion. But I welcome all respectful opinions that differ.
 
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