you are probably right, but maybe “snails pace” is now “tortoise...

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Ty Cat Mac

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02/06/24

21:14

Post #: 74128008
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Originally posted by plough: ↑

You are right they are looking at an ore purchase agreement not a toll treatment agreement , too hard for me to work out what that would be though so I just based it on a toll agreement (did the spreadsheet around 4 months ago ) as from my understanding (correct me if I am wrong ) OAU has the right to refuse an agreement that it feels is unfair .

Also I had stated in the chart "an open cut down to 130 meters" I feel they will not have to go under 100 meters in depth to get close to 200k ounces , 130 meters would probably near double the strip ratio

"someone still has to stick a rocket up the ar$e of OAU because nothing & I mean nothing they do is ever done at pace. "

They seem a lot faster under Alex's guidance I feel , there was no South East Zone at Crown Prince 2 years ago , now there is around 200K ozs there at around 5 grams a tonne there with much of it in indicated . If you remember native title has been a shit show for a number of miners in the last couple of years due to the hold ups the first nation people had imposed , hwich they finally came to their senses and realised their demands were a backward step for everyone including for their own financial position.

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you are probably right, but maybe “snails pace” is now “tortoise pace”

certainly the hare has nothing to be scared of!

OAU Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
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you are probably right, but maybe “snails pace” is now “tortoise...

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

Nimy extends sulphide targets at Mons with new anomalies identified

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

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you are probably right, but maybe “snails pace” is now “tortoise...

Top Stories

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

Nimy extends sulphide targets at Mons with new anomalies identified

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

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