ORS 0.00% 1.3¢ octagonal resources limited

loan facility, page-10

  1. 305 Posts.
    Just an observation (if I may) - I reckon you should stop trying to value the plant - its real value is in being able to convert ore delivered to it into gold which can then be sold for cash. If it is not being used or in this case (currently under utilised) it is doing nothing else than create an expense on a daily basis. It is also very expensive having to mine from different pits (you just multiply the cost of production for each one). The operations of ORS seem to be pretty "problematic" at the moment (and seem to be consuming a lot of capital). Anyway hopefully their quarterly will shed some light on current goings-on?

 
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Currently unlisted public company.

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