''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....
OGX Price at posting:
0.9¢ Sentiment: None Disclosure: Not Held