Batboy, delay in mining followed by plant not working the way it should has put things behind 6 months. Cartesian payments keeping pressure on the books. Imo Anglo interest is more predatory rather than partnership. By not taking final options they forced these CN not giving management time to raise via CR. I think Anglo will make a move once 12c options expire. If they were genuine in going towards a JV they easily would have sorted the plant, even providing a cil arrangement among other areas a major could assist. Personally I think Ogx will survive if not taken over, the real risk in my eyes is consolidation.
OGX Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held