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0.3¢ orinoco gold limited

what and when, page-120

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Bigdave10

231 Posts.

24

01/11/18

08:43

Post #: 36344723
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Originally posted by qqqqqqqqq ↑

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

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This company isn't a going concern IMO. Broke by next quarter IMO. Last chance to get any form of capital back

OGX Price at posting: 1.9¢ Sentiment: Sell Disclosure: Not Held
6 Upvote

0 Great analysis

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