G'day all-Below worthy of consideration I feel the Quoted Transcript Below is worth factoring
into your thoughts & considerations.
I think its why-"ANGLO IS SO FOCUSED ON US" & ONE OF THE
"MANY REASONS WHY,"ANGLO GOLD WANTS TO INCREASE THEIR STAKE".
"THEY WANT TO DO A J.V. ON ALL OF OUR PROPERTIES "-" BUT AT THE MOMENT"
" WE FEEL WE ARE IN GOOD SHAPE TO JUST GO IT ALONE"- for now.
Further Anglo Gold J.V.-Clarifications Revealed by Orinoco Golds
M.D.- Jeremy Grey Mining 121 London .
see transcripts below
Presentation: Orinoco Gold - 121 Mining Investment London 2018
Quoted Transcript Below is worth factoring into your thoughts & considerations.
(time = time into video)
Time-1 min -We have TAILING THAT ARE GRADING SOMEWARE BETWEEN 9 g p/t- 84 g p/t.
Time 2.49 min-We have a fourth Hammer Mill Arriving at the end of the month,
that WILL BE DEDICATED ONLY-TO PROCESSING TAILINGS at 9 grams & upwards
that will probably be $50.00 per Ounce Production.
Bit about Cascavel , Cuca...
Note-At Approx. 3.31 -Presentation gets particularly interesting.
Some of our 9,000 gram stuff that we Haven't Actually Even Reported …
Recently -Mine geologist panned 7kg's -that actually produced 2 OZ- the other week ,
but its not all like that, their is pinches & swells, but the further we go down,
we believe it gets thicker up to 4 mts in thickness-and-I think its why
"ANGLO IS SO FOCUSED ON US" & ONE OF THE "MANY REASONS WHY,
"ANGLO GOLD WANTS TO INCREASE THEIR STAKE".
"THEY WANT TO DO A J.V. ON ALL OF OUR PROPERTIES "-" BUT AT THE MOMENT"
" WE FEEL WE ARE IN GOOD SHAPE TO JUST GO IT ALONE"- for now.
4.10-Presentation continues
It seems clear Anglo is watching -Will Anglo get their wallet out or will they be a patient content
share holder going along for the ride ?
Thoughts- if Anglo & wanted the whole show-its reasonably obvious ( with recent revelations
video-regarding the gravity plant apparent production through-put) yet to be clarified though,
that the share price could well be significantly higher shortly -hence if a Take Over Offer where to
be proposed -would it be more or less likely sooner than latter ?
What's also interesting is the clarification that HM-4 is only dedicated to Tailings,
this adds up with the recent footage that shows the gravity plant appearing to running
at or about full spec.
Interesting times
rod samp - YouTube-Orinoco Gold Plant
Hammer Mill -3 -In operation-Orinoco Gold Plant.
imo-gltah
salt
- Forums
- ASX - By Stock
- OGX
- Have a Ganda at the Gravity plant running at full spec?
Have a Ganda at the Gravity plant running at full spec?, page-159
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OGX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online