''Further unknowns will be exploration results completed & awaited & if J.V. terms with Anglo can be agreed with & so as to pursue exploration activities enhancing company value through the realistic possibility of in ground discovery-clearly Anglo believes this to be worth pursuing.''
Salt,
All I know is that OGX has $3m in current liabilities for JV - to be level with Anglos $3m prepayment
We were told for nearly one year ogx have the upper hand in JV negotiations lol
IMO
Seriously do you think Anglo will pursue a takeover or similar move when there is a cartesian debt of double the current market cap alone and when the cartesian has security over all of OGX's Brazilian assets and they have a CN etc...
Yes shareholders were told that Cascavel will be cash flow positive in May 2018 - from their announcement on April 30th
DYOR
has
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Cascavel Gold Recovery Considerations, page-19
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