OAU 0.00% 0.7¢ ora gold limited

I mentioned the insitu value as a guide to the amount of gold in...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,286 Posts.
    lightbulb Created with Sketch. 273
    I mentioned the insitu value as a guide to the amount of gold in the ground, the real value above ground and in the vault and actual profit upon sale will depend on a lot of different factors, ie the grade when mining, ie the higher grade will realise less costs. The tax component, which with ORA will be a big plus as they have an enormous carried forward tax loss. Proximity to a plant, ie road transport costs. I could go on but you can see my drift.
    The first big hurdle, which is being passed, you must find a decent deposit, and one that shows so much promise. ORA have achieved this hurdle.
 
watchlist Created with Sketch. Add OAU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.