OZM 0.00% 6.4¢ ozaurum resources limited

Ann: First Drill Hole Started in Brazil, page-1224

  1. 146 Posts.
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    Yes, the window for Niobium is now. OZM was late to the Lithium party but appears to be playing in the Niobium space at the right time. On my estimates, OZM wouldn't have more than $1m left in the kitty currently. Without more funding very soon, OZM can't commit to any serious exploration and/or existing/new acquisitions. It all depends on what the drill bit turns up at Boca and/or what Salitre chips/soils say. Failing these, from left field, we could get a new acquisition to sell the CR. Otherwise they'll rattle the can for us to tip in, to progress what's viably left (the gold). They'll maybe even get us to turn up at Mulgabbie with our own picks and shovels to process ore like the old timers in order to keep the lights on haha! Whichever way it goes with the CR, hopefully the MD takes care of us longer term shareholders including minimising dilution. Last thing we'd want to see is cheap shares/options to sophs with loose hands.
 
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