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$2.20 oceanagold corporation

someone above mentioned high debt level but , looking at last...

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arja

1,974 Posts.

52

08/12/20

06:09

Post #: 49408028
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Originally posted by JP.Sun: ↑

I took a little time to catch up on what was happening with OGC. (Haven't followed it for a long time)

It seems to me that Didipio mine has not been put on Care and Maintenance yet.
Electricity generator is still humming. And essential workers are still on payroll.

And I suppose there's some stockpiles on site to feed the mill,

so initial production could probably restart in less than 3 weeks, achieving full production in less than 2 months once road access is unblocked by the thugs.

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someone above mentioned high debt level but , looking at last financials ,the debt/equity ratio is very low .

OGC Price at posting: $2.50 Sentiment: Hold Disclosure: Not Held
2 Upvote

0 Great analysis

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