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Another CR around the corner, page-17

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23/07/18

13:29

Post #: 34519416
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Originally posted by Tdman1 ↑

Hi guys

Sorry I wasnt clear yes I was actually suggesting the positive twitter campaign is to Spruik the stock price and announce another CR even before the 4c.

Lets not forget weather as well for lead up to need a CR sooner than later. If you look at precipitation a massive massive spike comes in Sept and October as torrential rain kicks in.
This is going to really test the mine and odds are it wont ge able to handle the deluge and levels 5 and 6 mestre will be off limits until jan 2018.

They will need enough money to get them through to Jan sp another CR is imminent and imho unavoidable given we have no positive news from company reaching the point of neutral or positive profit.
I think realisitically the company and management have really let us down. Q2 was really the time to shine and hit some goals. Q3 the last month rain kicks in and management will start bringing out excuses of bad weather impacting. And q4 is rainy season. They will be making up their stories about lightning strikes flooding etc. Q1 2019 is the turn around point, given the share price dived from 13.5 cents to 6 cents or a 50 percent loss, even with a little positive news it's not been enough. So another cr expect the sp to really take a beating. I forecast sp to be 3 cents by November. And will rise maybe start of Feb 2019

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the deramping is getting lame,

the sooner we get production figures whatever they maybe the better.

OGX Price at posting: 6.7¢ Sentiment: Hold Disclosure: Held
10 Upvote

0 Great analysis

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Another CR around the corner, page-17

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