OGX 0.00% 0.3¢ orinoco gold limited

Ann: Inside Briefing Interview with Mark Papendie, page-7

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  1. 3,492 Posts.
    re: Ann: Inside Briefing Interview with Mark ... It can never be $200 an Oz Jimone, no mine anywhere has Opex that low. 45,000 oz with profit of $600/0z is a cool $27m though and very handy.

    As the MD said good mines are build and not discovered, I think that Cascavel can be a large ongoing mine as they learn more and open it up along strike and down dip. IMO this is just the beginning. A high grade low opex mine will be a very valuable thing to have as all the old mines run out and grades get lower and lower.
 
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