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London South East Natural Resources Briefing webcast: #Emmerson #Alba #Condor Gold #Gold analysis
Angus Energy in talks to buy 'transformational' gas asset in North England


Orosur Mining Share Chat (OMI)



Share Price: 2.40Bid: 2.30Ask: 2.50Change: -0.15 (-5.88%)Faller - Orosur Mining
Spread: 0.20Spread as %: 8.70%Open: 2.55High: 2.55Low: 2.40Yesterday’s Close: 2.55


Share Discussion for Orosur Mining


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Posts per page:

bhargav
Posts: 3,858
Opinion:No Opinion
Price:3.15
RE: RNS OUT
8 Apr '19
NOT
 
jenny11
Posts: 158
Opinion:No Opinion
Price:3.15
RE: RNS OUT
4 Apr '19
Yes sorry about that
ivans
Posts: 251
Opinion:No Opinion
Price:3.075
RE: RNS OUT
3 Apr '19
he got wrong BB
ElgorTrader
Posts: 546
Opinion:No Opinion
Price:3.05
RE: RNS OUT
3 Apr '19
Where?
jenny11
Posts: 158
Opinion:No Opinion
Price:3.25
RNS OUT
3 Apr '19
RNS OUT
bhargav
Posts: 3,858
Opinion:No Opinion
Price:3.30
RE: Good RNS
2 Apr '19
Yes-

Date & Time Volume Price
02/04/2019 11:55 58,668 3.15
02/04/2019 11:55 60,000 3.1
02/04/2019 11:42 616 3.12
02/04/2019 08:07 31,394 3.22
02/04/2019 08:05 14,135 3.22
ElgorTrader
Posts: 546
Opinion:No Opinion
Price:3.30
RE: Good RNS
2 Apr '19
All on nex exchange
bhargav
Posts: 3,858
Opinion:No Opinion
Price:3.30
RE: Good RNS
2 Apr '19
And yet no trades today??
ElgorTrader
Posts: 546
Opinion:Strong Buy
Price:3.30
RE: Good RNS
2 Apr '19
"Newmont is performing a strategic review of the project to define an exploration program in the area."

Sounds to me like Newmont are committed and are looking to drill soon.
Silverlight
Posts: 5,836
Opinion:Strong Buy
Price:3.30
RE: Good RNS
2 Apr '19
Yes, looking forward to some strong updates to get this back into double figures quick smart. SL
MajorThomas1
Posts: 335
Opinion:No Opinion
Price:3.35
Good RNS
1 Apr '19
Back in today. That RNS cleared up all my doubts regarding ongoing cash flow and NWMTs commitment to the project. Will be a slow burner but canbjnly go one way over the next 2 years now.

GLA MT1
ivans
Posts: 251
Opinion:No Opinion
Price:3.30
just read the RNS
1 Apr '19
thats very positive money in coffer so we are save from any placing in short term I would say.

any news update on gold asset by Newmont, we could be back to 10p imho.

i dont follow uruguay, will there be any positive news on uruguay?
vicjain
Posts: 2,573
Opinion:Buy
Price:3.35
RE: Rns
1 Apr '19
Agree Professor1. Just the beginning of good things to come here. Some good news finally. Newmont are dictating the pace. They have paid up so clearly still interested so we just have to wait. Alot of patience needed here but this will be big in due course imo. Uraguay also looking positive. So all in all things are happening and moving in the right direction.
Professor1
Posts: 450
Opinion:Strong Buy
Price:3.35
RE: Rns
1 Apr '19
Hi Bhargav

This is just the beginning. Further news will come through
Highriskstrategy
Posts: 420
Opinion:Strong Buy
Price:3.35
RE: Rns
1 Apr '19
Great update and further reassurance that Newmont very happy with their investment decision.
karl345345
Posts: 44
Opinion:No Opinion
Price:3.20
RE: Rns
1 Apr '19
Check the wording of the RNS. The $240k is on top of the $2m agreed payment over two years.

Orosur has received from Newmont Mining the first of four half yearly US$500,000 cash payments as part of the previously announced Exploration Agreement with Venture Option for the Anzá project, as well as US$240,000 to fund the property maintenance costs in Colombia during the first 6 months of the exploration period.
Investor81
Posts: 189
Opinion:No Opinion
Price:3.10
RE: Rns
1 Apr '19
Excellent update IMO. Received $500k from Newmont and a further $240,000 to cover property maintenance costs which shows they are committed. Loryser news sounds positive too!
Spencer1983
Posts: 215
Premium Chat Member
Opinion:No Opinion
Price:3.40
RE: Rns
1 Apr '19
Circa 10% up on open but a whopping 34.48% spread.
ezlee87
Posts: 59
Opinion:No Opinion
Price:3.10
RE: Rns
1 Apr '19
Exactly my thoughts bhargav. Newmont have paid the first $500k (and $240k maintenace costs) as per the deal so surely it's in their best interest to move this forward.
bhargav
Posts: 3,858
Opinion:No Opinion
Price:3.40
RE: Rns
1 Apr '19
At the same time, I do hope, get rid of Bloody NT who's taking there own time, which is far too long for a small miner to prosper. Get another 'appropriate' one instead, mid or major!

A business potential only makes business if you've some prospects and work on it!

Rest is Ageos's articulation and Prof's hope. Means nothing!
bhargav
Posts: 3,858
Opinion:No Opinion
Price:3.10
RE: Rns
1 Apr '19
On positive note- it is encouraging to find they're still interested as commited working on it.

Either way, its still not as bad as you think, NT is still with us. IMO.
FSA15
Posts: 906
Opinion:No Opinion
Price:3.10
Rns
1 Apr '19
Same old shiiiite ...The wait goes on if NT going to do anything substantive here or not :-(
bhargav
Posts: 3,858
Opinion:No Opinion
Price:3.10
RNS Out
1 Apr '19
And yet no comment or interest up here!
ezlee87
Posts: 59
Opinion:No Opinion
Price:3.05
RE: next news ? 10p?
27 Mar '19
Thanks ElgorTrader.

Bhargav.. yep we all hope this one will be good. You're right, it is early days and too soon to say what will happen but hopefully NMT will abide by their contract and get things moving soon (as a priority).
ElgorTrader
Posts: 546
Opinion:No Opinion
Price:3.10
RE: next news ? 10p?
27 Mar '19
Newmont and Goldcorp merger looks to go through now special dividend has been announced to sway newmont holders.




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