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$2.20 oceanagold corporation

Thanks @Silver King. I’ve only held OGC since Feb and didn’t...

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markymark

23 Posts.

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16/10/21

17:32

Post #: 56851003
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Originally posted by Silver King: ↑

I believe $25 million from sale of Didipio concentrate will show up in their Q3 financial report due end of this month, you'd think there might be some investor enthusiasm then?

Anyways, it is expected that financial conditions of OGC will greatly improve over the coming months, probably debt free in late 2022 as current quarter will see Didipio and Golden Point underground project both go into production.

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Thanks @Silver King. I’ve only held OGC since Feb and didn’t realize how profitable Didipio is. Going by those figures, and current prices, they must be making around $25 mill profit a month when at full production.

OGC Price at posting: $2.53 Sentiment: Hold Disclosure: Held
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0 Great analysis

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