RE:RE:RE:ODY Quarterly Report…..Major Discoveries at TuckanaraNo I don't own ODY.
Its signifucant to Monument in that the 4 tenements including StakeWell, imo, will become a single entity in which Monument will own more than 20% .
I say this because, although freely carried through the exploration stage, Monument must contribute an additional share once a decision to mine Turnakura is made.
ODY has first rights of refusal to the Burnie mill, whose option will probably be exercised with both partners sharing the cost of expanding the mill to 600,000 tons.
This enables contemporaneous mining of Turnie and Burnie , the latter hopefully having completed sufficient infill drilling to resume mining at the NOA string of pits.
Overhanging all of this looms WestGold.
ODY / Turnie will be the golden bait, our Murchison a necessary addition to boost resources to the very saleable 1 million ounce level.
Just my views..