OGC 0.00% $2.20 oceanagold corporation

Ann: Trading Halt, page-20

  1. 2,525 Posts.
    lightbulb Created with Sketch. 287
    Problem to me is that it's very difficult to valuate OGC. I don't feel comfortable to take the face value of the words of this management, let alone there are many aspects are opaque to the market.

    Some said to buy @$2, or $1.8 or even $1.6. But what's the basis of such valuation? Would love to see yours after you cracking the numbers.

    Just in several years, the once comparable to NST company, dropped its production from 550koz/year to now likely under 300koz, and kept losing money in record high POG environment. MD left for a good reason, I would say.


 
watchlist Created with Sketch. Add OGC (ASX) to my watchlist

Currently unlisted public company.

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