OGC 0.00% $2.20 oceanagold corporation

3rd quarter results, page-3

  1. 5,583 Posts.
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    It's another shocker of a result. They missed cash cost guidance despite the weakened NZD relative to their budgest xchange rate of 0.88

    The NZ operations should be shut down as it's not operating at a net profit. Just have a look at that cash balance, now down to $164 million, they need plenty more then that to pay down debts and for Dipidio. I'll echo haro87's sentiment and say stay away!

 
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