OGX 0.00% 0.3¢ orinoco gold limited

Will Anglo Gold Sign a J.V., page-18

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    1. Batboy 

      OGX announcement 

      ''Under the terms of the JV agreement, AngloGold may earn up to a 70% interest in the JV tenements by spending US$9.5 million in exploration over a three-year period with the right to withdraw at any time. To date, AngloGold has advanced a total of A$3 million to reduce its earn-in requirements (see ASX announcement dated 6th September 2017).''

      Whats  your thought of Anglo having the right to withdraw at any time ????


      So I assume signing a JV before Cr is possible after all 


      DYOR

    Last edited by Merchant2000: 06/03/19
 
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