Having previously been a shareholder of ORD, and principally for the Bauxite, I dont derive any pleasure from the situation ORD has found itself in.
I know Kori and his group have tried to help ORD get back on its' feet from the precarious position it has found itself, with few options available to extract value.
The gold option from Dampier is not a fantastic one, but the best available under the circumstances for a company with no money. 780,000 oz. sounds good, but it wont have much of a margin for profit, I'll be interested to see the feasibility study figures.
There is a reason why Dampier hasnt brought this into production itself, that is because it looks pretty marginal
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