OGI 0.00% 0.5¢ ogi group ltd

Mabrook, All they have acquired is a licence to explore some...

  1. 4,600 Posts.
    Mabrook,

    All they have acquired is a licence to explore some leased land. In a business and country they absolutely no experience in.

    1.4m cash on hand, where is the money coming from to start exploration, given the costs involved even in Mozambique.

    Oh and for the record, I didn't get GGP wrong in the past, one of the very few who actually made a profit on it as I sold out when they started making obscene promises about a self funding 10 well drill program.

    "Prior to this acquisition, I honestly didn't give a hoot about OGI, it was a speculative bet. Now it is a different company, with potential"

    No it's exactly the same company just a different name.


    Kat.
    Last edited by Katoom: 30/10/14
 
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