As usual a very transparent, detailed thorough look through view. Patience is easier with having the confidence in management steering the Oceania to a lowest cost lowest debt sleep easy investment. OceanaGold 2016 Analyst Day Presentation
Great to see that prudent use of debt. Low cost structure implies a conservative management strategy while maintaining an obvious aggressive company growth philosophy. Best of both worlds.
........great knowing that almost no matter the Price of Gold , OGC will remain profitable.........is there actually another miner on the planet that can claim this status??
........great knowing that almost no matter the Price of Gold , OGC will remain profitable.........is there actually another miner on the planet that can claim this status??
Superbly managed and superbly positioned.
Agree - however, there are still mines with a lower ASIC around. TRY claims for its new mine in Guyana a lower ASIC (from memory below US$500 / oz) than OGC ... however - it is at this stage basically a one trick pony, i.e. you get higher rewards, if everything goes to plan, but take a higher risk if anything goes wrong ...
Discl: hold a bit of both (OGC and TRY)
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Agree - however, there are still mines with a lower ASIC around. TRY claims for its new mine in Guyana a lower ASIC (from memory below US$500 / oz) than OGC ... however - it is at this stage basically a one trick pony, i.e. you get higher rewards, if everything goes to plan, but take a higher risk if anything goes wrong ...
Discl: hold a bit of both (OGC and TRY)
We should have tried North Star. OGC has just put out a massive comparison report and followed up with heaps of exploration and mining cross-sections. There's also a bit of a compliment for the effort GEL put into WKP (effort, not too much cash) in that OGC intend to drill it again in 2016.
Great to see OGC to continue to invest in New Zealand ...with many other sectors under pressure ...an increase in high pay Mining jobs be great for many communities
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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Originally Posted by GR8DAY
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