If you were Anglo (Keeping in mind OGX's track record), Would you race in and offer a JV and throw them a life raft, or would you wait knowing that it's highly likely that ogx will dig itself a deeper hole in time and no profit making news in the next 6-12 months likely (IMO) ?
Sorry to say, but I think Anglo will wait another 6-12 months before making any offer if at all.
The most recent offer has been from magna with it's Convertible Notes.
One of the questions many companies, including shareholders will be asking is:
Have Orinoco been transparent?
OGX Price at posting:
1.9¢ Sentiment: Sell Disclosure: Not Held
