OGX 0.00% 0.3¢ orinoco gold limited

''Anglo will deal with ogx not Cartesian as long as we keep...

  1. 20,920 Posts.
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    ''Anglo will deal with ogx not Cartesian as long as we keep paying our bills''

    Yes Batboy you may be correct

    Initial Convertible Note announcement

    ''This funding will allow Orinoco to fast track the development of Rio do Ouro (formerly named Sertão) which is at final stages of licensing approval as well as underpin our exploration programme with immediate drill targets at Digo Digo, Eliseo, Phase 2 at Antena and Rio Do Ouro. ''

    IMO
    Shareholders have been told the CN was for exploration and in good faith they must believe that...

    IMO

    Where will the money come from to pay the next Cartesian bill of $1.7m plus due in around 9-10 weeks - net of all costs of production and admin and operating expenses etc....
 
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