OGX 0.00% 0.3¢ orinoco gold limited

Ann: Operations Update - Brazil Site Visit Completed, page-16

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  1. 2,475 Posts.
    lightbulb Created with Sketch. 855
    I don't see any thing unexpected in this Ann Today -Its an update regarding MOK visit -25TH February- 4th March
    so he has been back for over two weeks .
    Given the visit period time frame what was the market expecting ?

    The details & time frame of MOK visit in this Ann add up totally with the last Gold Pour period -indicating transparency
    Its a pity this Ann was 2 weeks after he arrived back as it ideally should have been combined or in conjunction with the
    last production Ann.

    I
    t does how even confirm the following.
    Processing facility recovery at near 80% even at 70 % is way better than that which it was recovering 30-40% max.
    Stoping of Mestre level 7 mineralisation has commenced – processing of higher-grade ROM material now underway,
    Lets see how the next gold pour with higher head grade & confirmed plant recovery plays out .
    And
    Exploration Joint Venture progressing with AngloGold Ashanti with work now commencing on the establishment
    of the Brazilian JV entity.

    salt



    Last edited by Saltiga62: 20/03/19
 
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