This is a timeline of significant events since Anglo first...

This is a timeline of significant events since Anglo first showed interest in Orinoco Gold....

07/02/17 Anglo agree to negotiate a 70/30 JV on all OGX's land except Cascavel which at the time was held by cartesian as security for the royalty payments.

31/08/17 Anglo pre-pay $3m towards the JV which allows them to delay exploration until 3 years after the JV is finalised. Cascavel is underperforming and funds are low.

18/12/17 Change of board at OGX. Jeremy Gray becomes managing director. He is the second cartesian representative on the board along with Andrew Allen. Second largest shareholder Joseph Pinto is appointed interim non-executive chairman.

Clearly the new board set about adding all ogx's Brazilian assets as security for the royalty repayments which scuppered the Anglo JV negotiations which where not yet finalised. OGX start exploration themselves on the "JV" land

03/10/18 Francisco Barreto joins the board as another cartesian representative. 

Exploration is ceased to save funds.

30/10/18 Anglo representative Helcio Guerra resigns "for personal reasons". Cartesian now control 3 of the 6 board members.

08/11/18 Talks with Anglo recommence in Brazil with "further meetings to take place" in November on site.

21/11/18 Someone spends half a million buying 41m shares on market

This board has been an absolute disgrace since arriving and are clearly not acting in shareholders interests but hopefully something changes. Im sure most would be happy to see Anglo take a chunk of everything if it meant the back of Gray, Cartesian, and Pinto.