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Ann: Maiden Resource Estimate at Ono Gold Project PNG, page-22

  1. goldfan
    2,110 Posts.
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    20/02/25
    14:31
    Post #: 77947755
    Previous management spread themselves too thin and that was a costly mistake.

    They thought chasing nickel deposits would be the next big thing only for nickel prices to crash.

    Either way tenements in PNG have huge potential for Gold Nickel and Copper.

    We only need to have a strong JV partner (initial plan) to drill and find a big deposit

    Imou is next Imo. Given copper is a lot more attractive than Nickel (Veri veri, etc) these days

    Proof of the potential is the annoucment today = 831,000 ounces at 1.42 grams per tonne

    LCL Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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