OGX 0.00% 0.3¢ orinoco gold limited

Ann: Quarterly Activities Report - March 2018, page-22

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  1. 3,043 Posts.
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    They achieved an awful lot for the 1st Q spend imo, considering unexpected breakdowns while comissioning the mill. Can't complain about the healthy cash balance at Q end but it's gonna be tight if the other cash doesn't come in, esp with the widespread exploration efforts.

    Cashflow positive for May then 2000oz in June will definately turns heads - if they can pull it off in such a narrow time frame (sounds like HM4 will get a good workout via the tails). Happy to give them a little longer for that 20000z per month but they sound positive they can meet the target - impressive.
 
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