Yeah - that is not a bad approach - the reality is that it will take continued strong operating performance and patience to see the potential here. I will do additional research on the reserves and resource to satisfy myself, but I don't see it is a high on the risk list.
Although markets have stabilized and improved to some degree, I really like miningnuts suggestion from a number of weeks ago, that OGC should look at re-negotiating the debt held by Ospraie....New Gold did something similar a few months ago. They basically bought out $50 million of debt with $30 million cash.
- Forums
- ASX - By Stock
- OGC
- running the numbers
running the numbers, page-10
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OGC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online