One thing for sure AP is a very experienced knowledgable geologist, who knows Mulgabbie extremely well and has a big vest interest to see OZM share price appreciate in value, I'm sure he has thought it out well and is carring out the best drilling program for OZM.
I suspect he is balancing a drilling program which targets the best returns for OZM while trying to conserve cash.
We dont want to do a deep expensive drilling progam, which turns out to be a dud, then forces OZM to do another CR at another low share price.
Maybe he is waiting for the HL cashflow to kick in before he undertakes a deeper more expensive drill program.
Your posts are very good and its good to debate and question what the AP or any CEO is doing, as a shareholder its your right and your onus do so.
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OZM
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6.2¢

One thing for sure AP is a very experienced knowledgable...
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Last
6.2¢ |
Change
-0.003(4.62%) |
Mkt cap ! $14.20M |
Open | High | Low | Value | Volume |
6.5¢ | 6.6¢ | 6.2¢ | $21.86K | 340.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 166834 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 97500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 166834 | 0.062 |
2 | 131967 | 0.061 |
2 | 26660 | 0.060 |
3 | 139000 | 0.058 |
1 | 87750 | 0.057 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 97500 | 1 |
0.067 | 96935 | 1 |
0.068 | 20000 | 1 |
0.070 | 45000 | 1 |
0.074 | 32787 | 2 |
Last trade - 10.46am 24/06/2025 (20 minute delay) ? |
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OZM (ASX) Chart |