OGX 0.00% 0.3¢ orinoco gold limited

121 Mining Investment London 2018, page-71

  1. 21,658 Posts.
    lightbulb Created with Sketch. 886
    ''But lets not forget our '9 grams to 84 grams' in 38 ,000 TONNES of tailings - at an all inclusive cost of '$50 per ounce'... and hammermill 4 (50/tonnes per hour) will be used to processed the tailings ...

    At current gold prices this is around $20 million dollars sitting in our carpark.. We are not going to go broke anytime soon.''

    IMO, that $20m sitting in the carpark needs to be transferred into their bank account asap

    Sitting in the carpark for all this time does not help cashflows and cashburn

    Lets hope May and June results highlight the potential of what we read daily on HC

    DYOR
 
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.