Australia's largest stock trading and investment forum Australia's #1 stock forum

OGX

Click for more information

0.00%

0.3¢ orinoco gold limited

Ann: Company Update, page-36

First 36 Last

Share
Profile

Follow
ramblehe

1,403 Posts.

21

14/12/16

10:52

Post #: 21324482
Share

Originally posted by sirjohnnyboy ↑

It's all about the level of confidence the company can engender from the new prospectus and plans going forward.

Keeping in mind:

- 12 Mill in kitty should eliminate concern re: company solvency.

- The SP was already sold down by a huge amount.

- The fundamentals appear unchanged,

- The plans and prospectus should provide a huge boost in terms of removing previous uncertainty.

Thanks for the offer, but I decline the conditional position of nominal hero -thanks anyway

Cheers,

SJB

Expand

I hope you are right. However, I think there's going to be a drop on reopen. But am hopeful of a recovery in the weeks after. May take quite some time to rebuild any trust / credibility though, so I'm seeing my holding as somewhat of a bottom drawer item. Totally agree about level of confidence being key.

Last edited by ramblehe: 14/12/16

OGX Price at posting: 11.5¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

BMO

Bastion sees echoes of its Gyttorp Cu and REE mineralisation at new Swedish tenements

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

NHF

Burgeoning NZ insurance claims drive 1H25 operating loss for nib

Trump is President Again: What Does This Mean for Crypto?

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 7 more messages in this thread...

First 36 Last

Add OGX (ASX) to my watchlist

SPONSORED BY