OGX 0.00% 0.3¢ orinoco gold limited

Ogx building a continuity plan and announcing that to mkt would...

  1. 198 Posts.
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    Ogx building a continuity plan and announcing that to mkt would be a step in the right direction outlining;

    Why the truck strike had twice the impact on them compared to other gold miners in the region. What factors impacted them twice as much (,I think massive exaggeration there to cover other delays they are having due to bad decision making)
    Explain to holders what spare parts they have to cover single points of failure. What single points of failure exist and a written plan to go into action should any of those choke points occur in equipment failure (not a lot of forward thinking is being done currently)
    Liability plan, the joint venture, the royalty payments and plan to be profitable
    Etc

    This is going to drop considerably imho as a result of mkt confidence eroding due to exaggerated announcements for months the lack of transparency of delays, failure to ramp up back to basics and risk of huge investment need for CIL plant and plant upgrades, likely in the vicinity of 5-15 million costs
 
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Currently unlisted public company.

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