OGX 0.00% 0.3¢ orinoco gold limited

Sounds like it's getting pretty desperate for ogx. Talk of...

  1. 284 Posts.
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    Sounds like it's getting pretty desperate for ogx. Talk of getting by and scraping through etc.

    If CIL is the answer which is starting to sound like it is then it's going to require another large cap raising imo.

    I doubt using another company's CIL will be viable mainly because of transportation costs and then there is also the possibility of JV which will again reduce profit for ogx.

    Maybe they should do the large cap raising rather than milling with dilution and stock-piling tailings. It sounds like it's going to have be done eventually anyway.
 
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Currently unlisted public company.

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