Re:Time to move forwardOGC is not without risk; high share count, financial facility good but not perfect, FCF just OK, and management in transition---but not a huge factor because the calibre of people is quite good given engineering credentials and overall experience.
However: resource amount and and gpt(grades) are very good to excellent. Life of Mine across the board is very good to excellent. In sum, OGC has some very good mines in jurisdictions where politics are reasonably predictable and relations with mining oversight officials is good---environmental compliances are being met or exceeded. perceptions in the main are that Oceana is a responsible and improtant employer, a net benefit socially and economically.
POG, given AISC's should continue to provide profitablity and if POG heads north, which is much more probable than south, fears of hindering financing diminish because project development can be handled from gold sales.
imho this is medium risk, could be a double and SP is a bargain. IMO