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0.3¢ orinoco gold limited

There will be over $8m coming in by 30 November from the OB...

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fisho26

415 Posts.

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11/07/16

06:09

Post #: 18236764
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Originally posted by moorookamick ↑

It burned the $3.7 mil cash it had 3 months ago rather quickly so the question is:
-will the current CR of $4.5 mil be the last one?

Perhaps someone on this board with skin in the game could have a shot at estimating:
(a) How long before the company is sustainably cashflow positive?
(b) how much cash burn before the company becomes cashflow positive?
(c) once stable production is achieved, what will the AISC be?
(d) once stable, what will annual production be?
(e) when will OGX buy out its 30% partner?

Cheers
MM

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There will be over $8m coming in by 30 November from the OB options... that should be enough to meet all needs (but not enough to buy out the 30% partner -which will not be for sale anyway).

Fisho

OGX Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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