OGX 0.00% 0.3¢ orinoco gold limited

Predictions, Figures & Chances of Surviving, page-49

  1. 3,195 Posts.
    lightbulb Created with Sketch. 848
    From revisiting the numbers, the 9 tonne an hour stats (72tonnes from 8 days at 12hrs a day) they produced were based off running the HMs for only 12hours a day. Their latest annoucement states they plan to get all their HMs to run continously, so that doubles those estimated outputs.... yes some downtime needs to be factored in but it's clear they are now pulling out the stops to keep the operation going (yes they should have done this much earlier) and with the directors just stumping up $500k themselves it just reinforces this.

    I think that key initial 1000 ounce monthly production target (yes poultry as it is) will be hit very soon.
 
watchlist Created with Sketch. Add OGX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.