ODY 0.00% 2.2¢ odyssey gold ltd

Enjoyed that read and sounds promising. Didn't think about all...

  1. 2,017 Posts.
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    Enjoyed that read and sounds promising. Didn't think about all the mining leases in place. That will save a lot of time and cost and will look more attractive for a potential takeovers.

    My main issue is the current share price and having to raise more money. Already approaching 1 billion shares and any substantial cap raise will be very dilutive. There are also a fair few gold juniors with million ounce low grade resources and can barely crack a $40 million dollar market cap. We are lucky the project is in Australia, as it commands a premium. ODY really need to smash the MRE out of the park or we'll just be another languishing gold junior.
 
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