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Ann: Orinoco Completes Low Cost Modifications to Process Plant, page-29

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eshmun

12,261 Posts.

3833

16/08/17

01:21

Post #: 26518497
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Originally posted by Asho1970 ↑

Hi all - Firstly thank you to all for a constructive and thought provoking thread.

I am of the belief that an announcement will be made in the coming weeks as the financials as previously documented don't quite add up. The "new" Orinoco MkII are in need of investment so transparency is their new currency ( if that makes sense). Whilst the spot price for Gold is not setting any records the stars are allingning through closed doors negotiations with the new board. Let's not fool ourselves as this venture is still in its infancy and is a mid to long term investment. Adjust your recliners and let's enjoy the ride.

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Hi @Asho1970

This is my theory.

https://hotcopper.com.au/threads/an....3543714/page-8?post_id=25847022#.WZMMM2e6ztQ

We are in Q3 now. Announcement not too far of I'd expect. If Anglo don't jump there is something intrinsically wrong with the mine and we might as well all just forget about it. Esh

OGX Price at posting: 5.1¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

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