OAU 0.00% 0.5¢ ora gold limited

Future riches below 100m, page-2

  1. 332 Posts.
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    Yes, plenty of potential and that's why most of us are here. But we need deep pockets to test what's there at depth and so far their strategy has not got us anywhere close to deep diamond drilling (or even remotely close to being in a position where we can put down a few diamond drills as an entre). With only $1m left in the kitty and a cash burn rate from last quarter of around 500k, we've only got until this June before the loan potentially gets called in and the creditor rides off into the sunset with the bags of loot leaving behind us dumb shareholders who basically footed the bill to mining stage.
 
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