Safe to say there will be no SPP this year. It's too late now.
At 30 Sept we had $168k cash and equivalents, plus $750k remaining on the loan, which totals $918m. OAU have been running a tight ship, but probably only a few hundred thousand remaining by end 2019.
The results of the Govt Well are important. There were no big pre-assay results, so we're waiting on the lab. If there's a lot of gold in the northern conductor - that could be a good assay surprise, but at the moment broad areas of low/moderate concentrations of base metal mineralisation would be a good result.
Anything can happen, but it looks like we'll be chipping in in early 2020.
Ann: Withdrawal of Share Purchase Plan Offer, page-26
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Mkt cap ! $35.70M | |||
| Open | High | Low | Value | Volume |
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