OZM is a very different style of mineralisation to ORD.
OZM is a paleo channel, potential for a shallower open pit in all oxide / transitional material for a decent amount of ounces.
Paleos don't have as much depth extension as they do horizontal, once the extents is defined, that's it.
ORD is a larger system that is open at depth and has the potential for a much higher amount of ounces, even if the grade isn't as high as a paleo.
In saying that, have to be mindful that it's more expensive to mine the deeper the deposit.
OZM is a very different style of mineralisation to ORD.OZM is a...
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Last
48.0¢ |
Change
-0.020(4.00%) |
Mkt cap ! $17.27M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 48.0¢ | $4.693K | 9.748K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43045 | 48.0¢ |
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| Price($) | Vol. | No. |
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| ORD (ASX) Chart |