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OGX orinoco gold limited

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Ann: ORINOCO RAISES $12.1 MILLION IN SUCCESSFUL SHARE PLACEMENT, page-121

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bid.rod

377 Posts.

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26/03/18

08:37

Post #: 32015389
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Originally posted by batboy ↑

back engineering eshys 16 cent value on the company
not personal to you esh just thinking out loud

thats a market cap of 150 million
on a measly PE of 5
thats a annual profit of 30 mill
thats annual production of 30 mill oz or 2500 oz pm
(assuming $1000 per oz profit...maybe right maybe wrong)

No esh i think you are really wrong
but thats ok you have to be happy with your strategy and set reasonable targets
you won't lose money selling at 16 and who knows what can go wrong

the company management also disagree with you and based on their stellar performance so far......im going with the A team not the E team

in fact i bet you don't sell at 15 or 16
this is easily worth twice that in the next 6 months
go on ash stay around
you know you want to

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Come on men, let Esh go, we need someone to switch the lights off, so we can hibernate for six months and wake up in the beautiful spring season.

Last edited by bid.rod: 26/03/18

OGX Price at posting: 12.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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Ann: ORINOCO RAISES $12.1 MILLION IN SUCCESSFUL SHARE PLACEMENT, page-121

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