What I think management should do is take advantage of the positive vibe and the obvious insto support they would get now, and raise some serious money now to do their own exploring and give back Anglo any money they were given for the JV and tear up the MOU JV.
I would do it this way rather than wait months before the cash flow to come in from Cascavel to start serious exploring.
OGX Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held