Expecting OGC to report between $50m to $55m USD cash generated this third quarter. $220m cash p.a equates to around 80c per share at a time when the company has a $2.30 share price. Does not make sense?
If the price of gold stays at this level or continues to go up as the smart money expects the share price of this company is anyone's guess by mid 2013 when Dipidio should be fully operating and decreasing overall cash average cost per oz.
Not exactly sure what the spark will be to ignite this share price but in my opinion will come at some point within the next twelve months. Be patient holders and lets hope production levels improve in Q3.
Expecting OGC to report between $50m to $55m USD cash generated...
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