OAU 9.09% 0.6¢ ora gold limited

sadahamaThe nickel prices are looking quite good at the moment...

  1. 3,555 Posts.
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    sadahama
    The nickel prices are looking quite good at the moment but they need to see a bit of certainty as to where the market is heading over the coming months, before they start to mine again.
    Once those green shoots start to look real, I think Copernicus will start up again.
    Have we turned the corner yet?....I'm not totally convinced yet, but there appears to be a bit of life returning.
    With PAN moving up strongly, we might see them start drilling shortly in some of our blocks, eg Frank Hill[copper] which if they get good results is going to add to our S/P as well.
    In 12 months time THX with it's uranium, UMC and the drilling that PAN will be doing could look the strongest it's ever been. PAN's got the funds to spend, good cash coming in and a good S/P that if they do want to raise extra cash, limited dilution to their shareholders.
    Interesting possibilities

    Regards
    Dabru
 
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