ODY 0.00% 2.3¢ odyssey gold ltd

CEO and President Cathy Zhai commented, “We are very pleased to...

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    CEO and President Cathy Zhai commented, “We are very pleased to hear this good news. It is encouraging as Tuckanarra exploration may provide Monument the opportunity to have future ore produced by ODY to be fed into the Burnakura gold processing plant, as well as it increases the upside value of Monument’s holdings in this project.”

    The Company and Odyssey have agreed to defer the Milestone Performance Consideration Payment (the “Performance Payment”). Under the amended arrangement the AUD$1 million Performance Payment shall be made on the date within six (6) months after the date of satisfaction of the Milestone, which would be by February 2, 2024.

    These dates are going to creep up on us very quickly, already almost at the back end of 2023. 2024 should be an exciting time, we just need gold prices to hold strong which looks inevitable. I would be very surprised in the current global economic predicament if gold prices collapsed in the next 1-5 years. Personally, I am expecting a big gold re-rate into $3000usd range. It all depends on how well the US Fed can manipulate gold prices and hold off the BRICS movement. IMO this will be a losing battle and a break out will take place.
    Last edited by coto: 06/08/23
 
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