OGC
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0.00% $2.20 oceanagold corporation

Ann: OceanaGold 2019 Diggers & Dealers Conference Presentation, page-14

  1. colinchi
    8,033 Posts.
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    20/08/19
    07:57
    Post #: 40049068
    Back of the envelope figures without Didipio
    380k oz at $1210 ASIC
    makes OGC profitable at current gold price
    but with $65 million net debt doesn't make OGC a good investment at $3.50
    They should have raised capital to pay off debt and to fund Haile expansion.

    I will stay away until the SP is under $3 AUD or they get the FTAA


    Cheers
    OGC Price at posting: $3.68 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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