OZM

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3.8¢ ozaurum resources limited

Ann: First Drill Hole Started in Brazil, page-778

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Tcb007

20,617 Posts.

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08/06/24

19:32

Post #: 74232153
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Originally posted by Just4kicks ↑

Low blow, or truth. I respect SUM on their merits and wish them well, however we are hugely different as I illustrated.
I understand the process as in this game you need the pump to get the cash, something OZM needs to improve on.

It's been well discussed why gold exploration ceased after the lazy 94,000m mega drill, partially with AP's own private rig (supplied at cost), which proved up the 270,000 oz MRE starter pit on the granted mining leased portion of Mulgabbi. THE GOLD PRICE and SENTIMENT toward juniors was in the doldrums. The choice was massive dilution or diversification. AP made it clear how multiple times that Mulgabbie isn't forgotten.

I totally agree re the media presence and announcements needing to improve, when timings right (now imo). However, I completely understand the 3 month period of ceasing operations on our key project once we lost it. I believe it was stolen, as not handing over the mineral rights would be a crime in Australia at least. OZM lost a boatload of time and money on what's been described as the Jamie debacle.

Speaking of publicity and media, what do you think HC is?
This is the biggest resource stock forum in the country for retail investors, and sneaky institutions certainly peak in.
I just think a bit of respect and honesty about OZM strengths and weaknesses is necessary and not just saying "our director isn't up to running an asx company". (that's a real low blow).
I think we all know the trajectory we were on when Jamie was ours to explore and drill.....

This is a pretty exciting time right now. It could be an insanely fast comeback considering what we had to go this year. I've got nothing but admiration for the determination to fight back from such a blow as Jamie.

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I think your being a bit of a smart arse re SUM but that's ok, no right or wrong. I've taken a small punt over there. I surely havent taken a punt on the characters involved in the company that's for sure.

It's a tough caper for AP, he's still learning the ropes and yes the Gold sentiment didnt help but why stop drilling when you own the rig?

Anyway, we could keep going on like this for a while, let's see what next week brings.

OZM Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
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Last 3.8¢		Change -0.002(5.00%)		Mkt cap ! $6.032M

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Ann: First Drill Hole Started in Brazil, page-778

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Ann: First Drill Hole Started in Brazil, page-778

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HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

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