OceanaGold Corp T.OGC

RE:RE:RE:RE:New presentation on web site

[clubhouse19]

<br /> <br /> <br /> This is going to test the yearly low for sure.<br /> In the doghouse of gold miners for some time to com.&nbsp; Below 2.00 is a given<br />

Elvis436 wrote: <blockquote class="BBQuote"> <div> <cite>Elvis436 wrote:</cite> <p> The next news you will wait for a long time is the Prolongation of their Credit facility. If this fails, they get bancrupt, because for the next years the company will produce losses in the 100 Mio range. When we won&#39;t hear about the credit facility prolongation, we next will hear about a capital increase or a private placement.&nbsp;</p> <p> <br /> In their high Luster presentation the really important facts which count are kept secret, as always.</p> <p> &nbsp;</p> </div> </blockquote> <br /> <br /> Time for a review of the post of 12/19: The &quot;losses in the 100 Mio range&quot; and the &quot;capital increase or a private placement&quot; have materialized, and a mistrust to their &quot;high luster presentations&quot; is still attached. As&nbsp;templetooth mentioned the Company is not profitable without Didipio, and the AISC only disguises this.&nbsp; <p> &nbsp;</p> <p> In the fourth quarter OGC had their best case scenario without Didipio with a ridiculous 2 Mio US$ net profit (exept the unfavorable Gold Hedges thanks to Mick), but what if again more headwinds come along (doubling oil price, crashing gold price now unhedged as in 2012, Covid pandemic, wheather incidents, flopping mining projects ...)?</p> <p> OGC is at risc remaining heavy unprofitable with a production merely of about 350000 ounces / year (a number they exceeded in 2009 / 2010 only with their New Zeeland Mines and with more profits than now, with about a third of the number of shares they have diluted to now).</p> <p> Who knows if the drop in the share price with 10 % in one day overnight is&nbsp;the end of the flagpole.</p>

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