G'Day Q - J.V.-with Anglo 7Mil spend it would be approx two years of healthy exploration budget, clearly their are extremely advanced
exploration targets with very high discovery potential, if its spent in one year then the exploration advancement would have been increased due to results being outstanding & thus justified .
Anything of considerable promises will advance Orinoco's share price prior to any further exploration contributions being required
by OGX -any significant discovery will attract attention of bigger players wishing to take a stake giving OGX negotiation options.
Clearly CRH are keen to see advancement -the Gold Royalty agreement is telling .
As for the order its Ann whats first ?
I have little doubt myself that a CR will be taken up-exploration discovery within OGX's tenure is just to big to ignore,
any J.V. -agreement with Cascavel given Anglo would have to stump up cash for a 50 % stake will in turn help secure
Cascavel by providing capital needed -would like to see a flotation cell incorporated into the gravity circuit & the useless
sluices discarded, this would certainly increase recovery -i'm sure a plan has already been worked out taking into account R.R.
recommendations.
Your either in or out-each to their own, we will all know soon enough.
imo-gltah
salt
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