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3.9¢ ozaurum resources limited

Only a reckless desperado would do a deal without a Scoping...

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Tcb007

20,727 Posts.

2712

17/08/24

19:11

Post #: 75253140
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Originally posted by The Mechanic ↑

No rush for the gold you want AP to take his time and do a good JV deal, it’s only going to get better for doing a deal with this strong gold price, IMO gold will be will strong for some time, like it was from 2001-2012, IMO next year will be massive for gold and commodities with falling interest rates and as a result a falling US dollar.
Best thing AP did was to not release the SS last year, when gold was stuffed and the market showed little interest in the spec gold miners.
It was also a great move to diversify into Niobium and Lithium.
I am sure he will start drilling the Niobium prospects when the time is right and will do a great gold JV deal.
You don’t need s SS to sell Mulgabbie anyone who has half a brain in the gold industry, just has to see its drilling results, MRE and location and can figure it out that it’s an outstanding gold asset.

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Only a reckless desperado would do a deal without a Scoping Study or DFS. It would be reckless and completely the wrong call, unless by miracle the JV partner throws in steak knives. AP's dacks are around his ankles with zero bargaining power at the moment. Release the SS first and let investors know a HL operation is worth. Then do the deal.

OZM Price at posting: 4.9¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 3.9¢		Change 0.001(2.63%)		Mkt cap ! $6.191M

Open	High	Low	Value	Volume
3.9¢	3.9¢	3.9¢	$2.095K	53.71K

Buyers (Bids)

No.	Vol.	Price($)
2	68420	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	367410	2

View Market Depth

No.	Vol.	Price($)
1	2631	0.038
2	117187	0.037
1	25000	0.036
1	145285	0.035
1	330000	0.030

Price($)	Vol.	No.
0.039	367410	2
0.048	25000	1
0.050	1389083	3
0.062	350000	1
0.064	25000	1

Last trade - 14.27pm 18/10/2024 (20 minute delay)

OZM (ASX) Chart