OZM
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6.12% 5.2¢ ozaurum resources limited

IPO - OzAurum Resources Limited - 5 February 2021 #, page-85

  1. perdant
    4,603 Posts.
    lightbulb Created with Sketch. 721
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    18/02/21
    20:19
    Post #: 51134423
    This is quizzical to me! eek.png

    Directors sell their tenements into the ipo yet they retain rights to take alluvial gold ..? Looks like wages will be multiplied by weekend prospecting!

    Section 10.2 of prospectus
    https://hotcopper.com.au/data/attachments/2923/2923213-97deba98e093d039727ac925eb8ca27c.jpg

    https://hotcopper.com.au/data/attachments/2923/2923222-9d0e4fe2dd668a670caea65939ab0db4.jpg


    Photo of alluvial gold on their website:
    https://hotcopper.com.au/data/attachments/2923/2923209-ff34de7290fbb7bb9611a0f631b9529f.jpg

    Worry?!
    OZM Price at posting: 18.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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