OGX
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0.00% 0.3¢ orinoco gold limited

Ann: FUNDING OF UP TO A$8M SECURED VIA CONVERTIBLE NOTE ISSUE, page-14

  1. Merchant2000
    20,596 Posts.
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    31/08/18
    09:08
    Post #: 35314871
    Hi Salt
    Let’s see how market takes today’s news

    IMO
    Seems like more interested in long term exploration than gold mining at Cascavel

    $2m available immediately??

    IMO

    Convertible notes usually have very favourable conditions for the lender taking all the risk

    The are not usually a first or second choice of preferred funds

    Let’s see the full details of the notes

    Dyor
    OGX Price at posting: 4.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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