OAU 20.0% 0.6¢ ora gold limited

Ann: Investor Presentation, page-4

  1. 2,082 Posts.
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    I don't think they ever drilled deep enough at RB & Richmond's drilling was widely spaced but shallow

    Tony's presentations always showed 2 huge mythical blobs at depth (they always said at +500m) but as I recall there was only ever one or two drills which went down past 900m

    Who knows if SFR may have snuck a horizontal drill into RB from their mine at depth & found something intriguing???

    & why wasn't the pre emptive right capped at the 18 month period mentioned in the announcement on 19.7.17? The agreement should not have been left open ended which has allowed Richmond to control the lease - perhaps todays announcement means he has finally admitted defeat (or run out of money)

    Information is king & I really think the company needs to speed things up a bit & give the long suffering s/h a bit of post Xmas cheer!
 
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