Anglo has put together a list of targets in order of importance, the top of the list is Antenna - Xupe. The list is as follows... The company did some drilling in the Antenna - Xupe cluster last year and you would think this will still be at or close to the top when, if, we re-list. The report is very detailed including what exploration method should be used on each target. As the company now has the opportunity to start a fresh, do we still need to give Anglo what is, in my opinion,such a generous deal? Is there room to renegotiate or even go with another company? While Cascavel is our only source of income at the moment, this could change very quickly IMO. Like I have said before, Cascavel is a very challenging mine to extract ore from due to the narrow veins that carry the gold. IMO, Cascavel can still turn a profit now the over heads have been cut to the bone, but the big upside for the company is in the surrounding ground.. IMO... Not giving anyone any advice what so ever. Just sharing some information that some might not have...
OGX Price at posting:
0.3¢ Sentiment: None Disclosure: Held
