OAU 16.7% 0.5¢ ora gold limited

Unfortunately for both you and myself, management are reducing...

  1. 5,740 Posts.
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    Unfortunately for both you and myself, management are reducing their energy in this department.

    Thunderball is in mothballs (even allowing for the abysmal attempt at a JORC resource) and they are looking to hive off Ngalia basin in a JV with someone.

    It seems their main interest is now copper and VMS deposits.

    I believe that the price on Uranium is going to double in the next few years, going by plenty of reports, so I would say it is shortsighted to be stopping U exploration at the moment.

    I cannot see that base metals will be doubling in the same period.

    U all the way.
 
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