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Ann: Brazil Exploration Update, page-143

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Just4kicks

3,346 Posts.

477

21/03/24

15:47

Post #: 72997961
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Originally posted by Tcb007: ↑

If you have a low opex/low capex project which can be fast tracked to production, you pursue it and dont throw in the towel and go silent. If capex was $50m then yes, p1ss it off until sentiment recovers and the market cap is higher, but this guy promised a low cost/low capex project with the SS commenced nearly 14 months ago and the man has gone dead silent.....just like he did with Jaime. There were ample funds in the kitty to complete the SS, so absolutely no excuse.

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I don't remember him making any promises on capex/opex, just guesstimates. He's been rather busy with the priority 1 projects. I'd love to see Mulgabbi progress when the timings optimal.
We're just coming out of Brazils wet season, let's stay focused.

OZM Price at posting: 5.3¢ Sentiment: Buy Disclosure: Held
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Last 6.4¢		Change 0.005(8.47%)		Mkt cap ! $10.16M

Open	High	Low	Value	Volume
6.3¢	6.4¢	6.3¢	$6.581K	104.3K

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No.	Vol.	Price($)
1	2352	5.6¢

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Price($)	Vol.	No.
6.4¢	91267	1

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1	2352	0.056
1	9700	0.055
1	42283	0.052
1	100000	0.049
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Price($)	Vol.	No.
0.064	91267	1
0.065	40000	1
0.070	34400	1
0.073	10000	1
0.074	144294	1

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