Australia's largest stock trading and investment forum Australia's #1 stock forum

OGX

Click for more information

0.00%

0.3¢ orinoco gold limited

Just to correct.. the permit is not in dispute. There is a tax...

First 13 Last

Share
Profile

Follow
jasmac

1,961 Posts.

38

30/04/18

12:48

Post #: 32766076
Share

Originally posted by Aussieminer1 ↑

I forgot to add;
-Permits in dispute last page, is this old or new news?
-2.2 million in funds from the CR haven't been received yet. Given the CR was done 2 weeks prior to the end of the quarter that worries me that they haven't received 2.2 million and make no mention of having it yet. Can anyone confirm?

6.6 million in the kitty with burn rate of approx 3 million a quarter, but if they can achieve their targets for May and june, and with 40,000 tonnes of tailings running through hm4 we could be sitting on 5000-10000 Oz in the tailings. The easy money collected on tailings is going to really help this company over the next 6 months imo. 6000 tonnes of ore a month at 6g/tonne is going to give them approx 1100 Oz a month for roughly 6 months just off the tailings

Come on ogx go you good thing

Expand

Just to correct.. the permit is not in dispute. There is a tax dispute from the previous owner of these particular tenements which ogx as the new owner has been dragged into. It is not new news.

OGX Price at posting: 7.8¢ Sentiment: Hold Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

Eurozone-based companies find new ways to secure a regional lithium supply

End of FY is a time to juggle wins, losses and capital gains taxes

Time for retail therapy buying in the shopping Scentre for hot stocks

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

SS1

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

There are more pages in this discussion • 30 more messages in this thread...

First 13 Last

Add OGX (ASX) to my watchlist