OGX
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0.00% 0.3¢ orinoco gold limited

imoCartesian - the only secured creditor will unfortunately deal...

  1. Merchant2000
    20,664 Posts.
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    09/04/19
    08:20
    Post #: 38052790
    imo
    Cartesian - the only secured creditor will unfortunately deal direct with Anglo if interested etc

    Instead of a $9.5m U.S JV - Anglo can own the entire company for a fraction of this
    Imo
    Unsecured creditors have no power other then to wind up company and will never agree for more script as the past 18 months of cap raises have only gone towards paying off debt after debt after debt

    dyor

    Last edited by Merchant2000: 09/04/19
    OGX Price at posting: 0.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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