You are quite correct so I have sent the OGX Managing Director and Chairman an email giving them the opportunity to answer the following questions. I will let you know when/if they respond -
Who won the gold nugget promo last year?
Why did we spend $2.08 million dollars to cease operations? What specifically did we spend the money on?
How much is our cash burn per quarter?
Why are our staff/Admin costs so high? ($714,000.00 per quarter?) How many staff are still employed by OGX?
Who are we still paying at Cascavel and why?
Are we really paying our former Site Manager $290,000.00 per year? Why and what work does he now perform?
How did we spend $8.2 million dollars in the 6 months from June/July 2016? Please offer specific examples of where the money went.
Why was the Company Update of 7 October 2016 so positive and yet we were on a trading halt a few days later?
Why wont you publicly release our Mining Plus mining report? What went wrong with the original mining plan?
What exactly is the agreement that we have with our 30% partner? What is their name? What do they currently owe us and when will they start to pay anything?
OGX Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held
