OGX 0.00% 0.3¢ orinoco gold limited

what and when, page-118

  1. 21,950 Posts.
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    Cash at 30th September 2018 $1.366m


    Projected cash outflows $1.5m for December 2018 qtr


    Plus -Consideration to invest in a regrind ball mill and flash floatation circuit to increase recoveries to90-95% for a capital investment of A$200,000-$300,000 before year end.


    Plus $1.75m approx Cartesian payment estimated


    iMO, well overbought at current market cap of $20m


    IMO, Research the going concern concept


    DYOR

    Last edited by Merchant2000: 01/11/18
 
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