production results......., page-37

First 37 Last

Share
Profile

Follow
Merchant2000

21,292 Posts.

881

22/07/18

10:12

Post #: 34501812
Share

Originally posted by jimone ↑

There has been so much discussion on this topic, the whys and why not's, the what should have happened and shouldn't have happened... Even the assertion that there has been some sort of misleading information handed out in announcements,,, .. When the reality is that it all comes back to JG giving out a PREDICTED timeline and EXPECTED production.

If he had simply said nothing other than they are working hard on getting the mine into a cash flow positive position, then we would have no eggs to throw at him. They even went to the trouble of making and releasing a video form the geology department to try and give the market an idea of what has been going on and where they are at right now. Anyone that can not see what the geologist is pointing out, maybe a little lost in the translation, needs to have another look.... THE GOLD IS THERE..........

When you read the announcements, right back to the football analogy, you can see JG passion and belief in the whole project. He is genuinely excited about the prospects of the company and has been able to keep Anglo at bay while re-birthing the whole show. Some posters say that some of us talk up JG and the new board, bloody oath we do, without them we would be finished, all our money would be down the drain without doubt IMO.

If things take a little longer that hoped for, that's fine, they can only do what they can do at the end of the day...

Expand

“If things take a little longer that hoped for, that's fine, they can only do what they can do at the end of the day...”

IMO
This is the nature of the game at this end of the ASX
Time is one thing - enough capital is another
Without being self funding - how long will the cash last ??
They do have commitments in next six months or so and a gold royalty debt etc

No news on production for months imo clearly indicates that more time and money will be required

Dyor

Last edited by Merchant2000: 22/07/18

OGX Price at posting: 6.9¢ Sentiment: None Disclosure: Not Held
5 Upvote

0 Great analysis

Reply

Top Stories

HLX

Helix investor makes partial takeover bid, proposing board changes

VYS

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

LLC

Lendlease sells off US east coast construction operations in latest global divestment push

HVN

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

CYM

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

CCO

The Calmer Co’s Anthony Noble reflects on record breaking FY24

TBN

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

PYC

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA