Monday morning in Brazil now, and according with Brazilian media, the Government was dealing with over 15 different entities (Association, Union, Cooperatives, etc..) representing the drivers.
Trucks are not moving in 21 states of the total of 26, and the representatives can't guaranty the immediate return due to the msg been pass to the drivers. This guys don't trust the Brazilian Officials, and I don't blame then for that, b4 they go home they want to see to believe.
One thing will be good for OGX, after this mess settle down, our cost of the Diesel expense will be 0.46 Real per litre cheap, and price will be fixed for 60 days... After that increases, if necessary, will be made every 30 days... All at cost of Government... One of our major cost will be subside by the Government guys.
Welcome to crazy mad Brazil guys.
OGX Price at posting:
7.4¢ Sentiment: Hold Disclosure: Held
