OGC 3.00% $2.40 oceanagold corporation

Hey JID, cheers for those charts. As you say, existing...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,303 Posts.
    lightbulb Created with Sketch. 664
    Hey JID, cheers for those charts. As you say, existing shareholders are done over as they buyer, while those getting purchased get a huge boost. Just look at IGO and SIR. Damn... IGO shareholers (retailers must be spewing at their situation) are down big time.. It does seem to offer an opportunity though, if you can look past the short term negatives (both OGC and IGO).

    As for the timing, agree its probably as good as it can be, even if POG goes a bitter lower. Also the new project requires a lot of capex, which is all debt, in US dollars, which is fine as OGC won't need to convert any cash and send it north (loan facilities all in place).
 
watchlist Created with Sketch. Add OGC (ASX) to my watchlist

Currently unlisted public company.

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