OAU 25.0% 0.5¢ ora gold limited

A trading halt must be close based on the 0.005 buyers taken...

  1. 2,829 Posts.
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    A trading halt must be close based on the 0.005 buyers taken out.

    Garden Gully ounces (240koz) are insufficient to justify the capital for a stand alone plant. In the absence of a toll treatment deal it is a stranded asset. Either raise sufficient funds to conduct a deep drilling campaign to intersect pay dirt at 600 to 800m OR do a deal. For example, why not do a deal with Monument Mining? They have a gold plant on care and maintenance which is also a stranded asset because the Burnakura resource (293koz) is apparently too low in grade (circa 2.4 g/t) to be profitable. If not toll treatment then what about an acquisition (of either Burnakura by OAU or Garden Gully by Monument) or a merger? Come on Alex, stop spinning your wheels. As an investor I sold out because your not available to take calls.
 
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Last
0.5¢
Change
0.001(25.0%)
Mkt cap ! $35.70M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $87.22K 18.74M

Buyers (Bids)

No. Vol. Price($)
57 58387997 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 4682522 6
View Market Depth
Last trade - 16.10pm 12/06/2024 (20 minute delay) ?
Last
0.5¢
  Change
0.001 ( 0.00 %)
Open High Low Volume
0.5¢ 0.5¢ 0.4¢ 4967290
Last updated 15.54pm 12/06/2024 ?
OAU (ASX) Chart
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