Shareholders have been more than patient over the past 7 months since new management stepped in.
New management have been given the benefit of the doubt throughout this time even when they have neglected to keep shareholders regularly informed.
Communication has been ramped up with twitter messages, though this has been left right till the last quarter of play and all in all does not clarify what shareholders really need to know.
Regular monthly updates of production, grades, g/t etc were promised back in Dec, but were not delivered.
mechanical breakdowns were said to have been repaired by end of April, but still seem ongoing.
No clarification of July's production. Only mention of two days producing 100- 110 oz.
Shareholders have been left in the dark until the final stages of the game.
In my opinion, this is an extremely crucial time where things need to go right otherwise a cap raising is inevitable.
Shareholders have accepted what they have been fed up till now.
Shareholders deserve a weekly update being the crucial time this is.
Production, grades, tonnes etc should be included as promised back in Dec.
ENOUGH IS ENOUGH!!!
OGX Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held
