GU Thanks. The figures are in USD unless otherwise stated (says...

GU

Thanks.

The figures are in USD unless otherwise stated (says so at the top of the announcement), so forecast operating cashflow is high if they meet their targets. For all I know these are modest targets and they will exceed them - I have not checked if that is what they normally do when reporting (ie set conservative targets).

OGC either has or will delist from the NZ stock exchange so they will not be reporting in NZ dollars. Nor do they generally report in AUDs or CAD despite being listed on the ASX and TSX.

Its early days as to how the market will take this announcement. The broker analysts are just getting their thoughts together and some may wait to see what is said at the quarterly presentation.

How OGC performs will also depend on market sentiment and the direction of the USD POG. I have noticed that the market has been marking down a lot of ASX and TSX listed goldies that are in operational transition phase, eg RSG, AQG, B2Gold, EDV.

At least my foray into PRU is paying off for now, and SBM and now EVN have run well (but I did not buy enough of their shares).

loki (I lives in hope of USD POG 2000)