Management have proved they don't have the expertise to turn the operation around..... they don't have the funds (or even an approval for a CIL)..... it will be interesting to read the 4C to see how much cash they have left. There is value in the ground, but based on mangements performence over the past 12months I just can't see how they will transfer that value to existing shareholders...... the risk/reward is right now at the very pointy end for buying into OGX.
OGX Price at posting:
2.2¢ Sentiment: None Disclosure: Not Held
