OGX 0.00% 0.3¢ orinoco gold limited

''As for Anglo's $3 million JV liability...perhaps you should...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 21,725 Posts.
    lightbulb Created with Sketch. 887
    ''As for Anglo's $3 million JV liability...perhaps you should ask why Anglo won't use it to go ahead with a JV after all? That would immediately make OGX cash flow positive.''

    Are you saying that without the $3m Anglo JV liability - ogx will be cash flow positive

    So without CN or options exercise or another CR or 1000 oz Cartesian quarterly payment they will be cash flow positive etc...

    For a company to be cash flow-positive, it means your cash inflows exceed your cash outflows.

    IMO

    DYOR
    Last edited by Merchant2000: 25/09/18
 
watchlist Created with Sketch. Add OGX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.