In 2009 the Company is expected to produce between 280,000 and...

In 2009 the Company is expected to produce between 280,000 and 300,000 ounces of gold at cash costs of less than US$475 per ounce

sounds great now if they could only get one of the four so called interested JV partners to settle on a deal to raise the 185mill needed to get Didipio on track OGC could then get investors back on side -at current SP.18c Mktcap 30mill AUD Gold investors must believe OGC is going to fold
Which is not 100% uncorrect OGC's Depts,Bad hedging are major negatives

If only i could see into the future -If things go OGC's way (Gold price,JV partner,investors)
OGC could well bring in massive 10 bagger + returns to current buyers
It doesn't take a Market Guru to see once postive sentiment returned the Dept & hedging could be tidyed up quick smart


-was just talking with Darran from OGC sounds like one of their top 10 holder-Ospraie- (once the world's largest commodities hedge fund) has been the major seller of OGC for a while -Sounds like we could have some NZ exploration results out early next year
As for JV partners nothing likely in the short-term not with the current credit woes
As for hedging more to be paid-off over the next year ,Didipio costing 2mill per year to put on hold,NZ production looking at 260k-275k ,costs coming down ....overall OGC sound like keeping focus on NZ operation's