OGX 0.00% 0.3¢ orinoco gold limited

Investor trip, page-78

  1. 20,601 Posts.
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    SJB
    Excellent points
    But
    IMO
    Tenements require significant cash

    Like Esh stated

    “The total liability under the gold stream royalty is at minimum 17,600oz, and at maximum 26,400oz. At todays gold price of A$1,642 that's a minimum liability of $28.89 million and a maximum liability $43.35 million (less the $1.759 million payment just made).”


    Dyor
 
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