AP has been drilling Mulgabbie for 5 years now with 100,000m of drilling completed, the drilling results over the last 2 months have been exceptional, when compared to the previous 100,000m of drilling, it has been no where as good than those over these recent months. IMO a new major high grade gold discovery over 400m has been made and is open in depth and strike, in otherwords likely to grow.
We are at the early days of this discovery only 2 months in and IMO further drilling will confirm and expand the resource.
I suppose you could be cautious and wait for full confirmation of the major high grade discovery but you will be paying 50c plus a share for OZM.
Thanks to AP, OZM is in very fortunate position to be in, with the birth a major new high grade gold discovery, it takes most juniors decades of years to find such a discovery, sometimes they find nothing, requiring hundreds and thousands of metres of drilling, the expenditure of tens or even hundreds and millions of dollars to get there, which requires the issue of billions of shares.
Buying junior ASX mining explorers is like buying lotto, with OZM we hit the jackpot.
All in my opnion, DYOR.
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