I agree OMG - this could be OH's achilles heel, however the biggest issue has been management.
The whole idea as I undestood it was go into production that would fund/part fund further exploration and provide a better idea of controls of mineralisation.
There is km after km that had no drilling whatsoever, providing an opportunity to explore for shallow oxide deposits - at least replacing what they were mining.
But... what did they do? Waste precious SH money on drilling deep holes into the sulphide zone that was already heavily drilled...
I agree - I can see recievership on the horizon. However, there is potential for the Indee leases with the right team on board - this could be OH's strategy - time will tell.
RNG Price at posting:
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