OZM 6.38% 5.0¢ ozaurum resources limited

Gold Price, page-1006

  1. 327 Posts.
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    I'm no expert either (just a mug retail punter like many others). But from what I understand, you only need two steps (SS then DFS) if your project is compelling. But OZM is only talking about a small start-up HL operation to kick things off. No talk about a Carosue Dam like mill. So IMHO they can go ahead even after the SS if the project is compelling enough and if the SS has been completed to a high standard. Bottom line though, any potential funders of the project must be happy to take on the added risk of proceeding without a DFS.
 
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