"Well the amended earn-in agreement signed last Sept was for expenditures within any time up to 36 months which is now less than 3 years not 5 years"
No it is not less than 3 years and it was not signed last September. It is "36 months from the date of the formal execution of the Earn in Agreement". The Earn in Agreement has not been formally executed - this is in official ASX announcements released since the pre-payment was made.
A $3m pre-payment has been made but nothing has yet to be executed.
You give out about not using Anglos expertise but complain that Anglo may want to execute the JV if Antena proves profitable after spending $360k on diamond drilling
You are making such a mountain out of a molehill over a $360k exploration expenditure. $360k which will be funded from Cascaval which has gone into production due to the new managements skills and the money provided by Anglo in September. I fail to see the problem and look forward to the company progressing with or without AngloGold.
OGX Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
