Australia's largest stock trading and investment forum Australia's #1 stock forum

ODY

0.00%

2.3¢ odyssey gold ltd

not all ounces are the same mate

First 36 Last

Share
Profile

Follow
CashedUpBogun

8,323 Posts.

905

18/08/23

17:49

Post #: 69425110
Share

Originally posted by speculator101: ↑

Hey CB, sometimes I wonder whether anyone every actually takes the time to read through an entire MRE document....
While I wish ODY shareholders all the best, why has no one even mentioned that the MRE is not for one pit... not two pits, not three... but SEVEN separate pits. Only Cable sits above 100k. The Highway zone is probably not even worth looking at as it has... a highway over it, which would need to be moved 1.2kms. WGX is simply not going to be interested in such small open pits, at least with their current sizes, especially when they likely do get expanded further, will the grades strengthen, or... reduce?

Then you have my major bugbear, ODY only own 80%. Monument own the other 20% and... seem to think they will have the ounces for their tiny plant.
260ktpa would require a seriously high grade deposit to ever justify turning on.!).

Making comparisons with MGV seems very premature, though I do think the tenement and deposits have good upside with a lot more drilling.
If... they can prove up a good sized U/G resource, then I think that would make a far greater change to the value of the overall project.
Anyway, good luck to all, just seems ODY is perhaps rightfully, being careful with their cash, but... also means not a lot of drilling.

Expand

not all ounces are the same mate
2 Upvote

0 Great analysis

Reply

Top Stories

KAL

KalGold rolls out detailed aeromagnetic survey across Pinjin project

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

STK

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

NAM

ACCC seeks Olam divestments before it can buy Namoi Cotton

The winners & losers on market if negative gearing were gone

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

DEG

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

ESR

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

The market's shrugged at China's stimulus measures all year. Why is this one different?

There are more pages in this discussion • 15 more messages in this thread...

First 36 Last

Add ODY (ASX) to my watchlist

(20min delay)
Last 2.3¢		Change 0.000(0.00%)		Mkt cap ! $20.67M

Open	High	Low	Value	Volume
2.4¢	2.4¢	2.2¢	$15.15K	688.7K

Buyers (Bids)

No.	Vol.	Price($)
2	212736	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	199548	1

View Market Depth

No.	Vol.	Price($)
2	212736	0.022
1	50000	0.021
3	1031100	0.020
1	383743	0.019
2	1500000	0.018

Price($)	Vol.	No.
0.023	199548	1
0.024	49712	1
0.025	353520	2
0.026	266750	1
0.027	520626	2

Last trade - 15.37pm 27/09/2024 (20 minute delay)

ODY (ASX) Chart

not all ounces are the same mate

KalGold rolls out detailed aeromagnetic survey across Pinjin project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

ACCC seeks Olam divestments before it can buy Namoi Cotton

The winners & losers on market if negative gearing were gone

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

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

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

The market's shrugged at China's stimulus measures all year. Why is this one different?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

not all ounces are the same mate

Top Stories

KalGold rolls out detailed aeromagnetic survey across Pinjin project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

ACCC seeks Olam divestments before it can buy Namoi Cotton

The winners & losers on market if negative gearing were gone

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

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

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

The market's shrugged at China's stimulus measures all year. Why is this one different?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News