OGX 0.00% 0.3¢ orinoco gold limited

BatboyDon't know where this rights issue talk is coming from If...

  1. 21,292 Posts.
    lightbulb Created with Sketch. 881
    Batboy

    Don't know where this rights issue talk is coming from

    If they could raise capital via a rights issue they imo would have attempted it before CN and other raises since the infamous 12c raise

    Why hasn't Anglo jumped in with funds - rather than CN or even when they opted for the last cheap raise and directors loans ???

    Unless fully underwritten imo a rights issue is a risky proposition at this point in time

    Anglo have provided no financial support in recent times and now we have assumptions here that they will JV Cascavel as well

    DYOR
 
watchlist Created with Sketch. Add OGX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.