OAU 0.00% 1.0¢ ora gold limited

agm, page-9

  1. 5,768 Posts.
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    They really need to split this company asap. management seem bewildered by what to focus on. splitting it up would get a new and fresh set of eyes onto these projects and would be positive for the big end of town.

    when you consider that thx is down over 40% from it's highs after they continuously find more resources, it makes you wonder why the punters seriously dislike this stock.

    even today, on an up day for the market, it looks very weak and could
    easily drop into the mid 50's without much help.

    worse still, management seem incapable and unwilling to do much about it. I suppose after selling in the 90c, they are happy with their profits and like living off the shareholders purse. As pointed out, admin cost was twice as much as exploration! Too many chiefs, not enough workers.
 
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