OAU 20.0% 0.6¢ ora gold limited

Ive just noticed there is an update regarding Red Bore in the...

  1. 724 Posts.
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    Ive just noticed there is an update regarding Red Bore in the prospectus.

    "Since the date of the Notice, the Registered Holder has claimed that the Option Agreement is not a valid agreement and that, even if it is, it does not consider that the Company has disclosed sufficient information to earn a participating interest in the Red Bore Project. The Company rejects the Registered Holder’s claims and maintains that it has earned a 60% participating interest in the Red Bore Project under the terms of the Option Agreement.

    In light of the above, there can be no guarantee that the Company will ultimately acquire a participating interest in the Red Bore Project."


 
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