Update? News? Anything?, page-46

$290,000.00 for our Geologist/Site Manager....WTF? The average miners income in Brazil is about $US300.00 a month. And he is still employed!? Who else are they paying while we have stopped production?....

Quarterly Cash Report 31/1/2016
Staff Cost $352,000.00
Administration $362,000.00
Suspension of Operations $2,080,000.00
What is going on?... 2 million to STOP operations? $714,000.00 per qtr in staff/admin costs alone?...

Please explain how much cash we are really burning BOD?

Quarterly Cash Flow Report 29/7/2016 - cash at bank was 3.3 million dollars, plus 4.5 million raised in July 2016, plus approx $450,000.00 OB & OC excised equals about $8.2 million dollars at the end of June/July 2017-'' providing the Company with additional balance sheet strength and financial flexibility and enabling it to commence planning growth initiatives aimed at rapidly expanding the production profile of Cascavel '' - Quarterly Activity Report June 29/7/2016.

Did OGX really spend $8.2 million dollars and produced 13kg (464 ounces) of gold in 6 months!? We could have avoided all the effort of digging up the stuff and purchased 170kg instead!!!!

What went wrong? Time for the Board to do the decent thing and resign.