George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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thanks swinger for your info. I have lost money in this one last year. one thing more are same directors in charge or new guys.
This is a cash shell - 3 million cash - no assets of any value - At leasts thats what I though - all about the RTO - OPTI 10 bagged after Adam Rr RTO that. I took 150k here - high risk though! Look at LIFE - that was a mellon shell and might not come back
winnifrith tends to target know fraudulent type bods. i know you dont like those two you mentioned,but they dont fit into that bracket.
I am new to this . can any one tell me how much cash they got and assets .thank you
Whatever.....i lost and birdy and slewy are tricksters imo
Any chance of my £2400 loss i made on the 0.249 buyer attraction and your rns releases please? Thanks a bunch birdy!!!
I always wondered why tom winnifrith never ****ged orogen gold. Big no no for me as lost 3k on birdies rns work Even if he is gone doesnt matter. Red flags imo
Paying £1.4M of enterprise value for the skills of Adam Reynolds appears to me to be far better value than paying £5 3/4M for the services of C Akers.
Looks like a bargin? To pay £4.66m for £3.25m cash does not look like a bargin to me.
Market Cap: £4.5M vs £6.5M Cash: £3.25M vs £750k Management: A Reynolds vs C Akers Orogen PLC would be 10p on the same market cap to cash ratio as Concha PLC. Looks like a bargain!
what about this one a tip down what 60 percent,
Never rely on tips but I do enjoy the read and they have had some blinders recently eg lgo 70 percent FLx around the same and sron at least 50 percent
take notice of them soon be skint , for every 1 share to do ok 9 dont
I took 150k worth a punt for sure. Done well on cpt and opti
Great article from Hot Stock Rockets; Is Orogen (LSE:ORE) the cheapest AIM shell? It could well be. That is why with the shares at 1.625p mid, FIML – a company owned by the family trust of Tom Winnifrith, has added to its holding today. As a reminder…. At the current mid the market cap is c£4.3 million. Net cash is more than £3 million. And Adam Reynolds is working hard on a reversal. Most Reynolds reversals whoosh as he does good deals. We expect this to be no different. Look at other shells and you will see how cheap this one is. Concha (LSE:CHA) has cash sub £1 million a track record of value destruction and is valued a £5 million! Nyota (LSE:NYO) has dos all cash and is valued at £1.8 million fully diluted. The idiot money is heading there and will be lost. The smart money buys a few Orogen and waits. Not for long we suspect! Our stance is buy at up to 2.5p. We expect post RTO to be selling at 4p.
Could easily triple from here.
Not at all. Will need to go to a SH meeting, remember who hold the majority of shares, this will be over and done in 2 weeks...
Only problem is that as this has to be a RTO there will be a long suspension and no certainty the deal will go through.
interesting times ahead....
4k As I said at the time the .0249 buys were the MO of the broker, they take the placing and sell at the " market value" - no TR1 as they were taken up by numerous PI's. The way the previous BoD conducted themselves is erm... incompetent at best, i.e. they didn't have a clue or worse they did!. I believed CB would do something for them - he did, he dumped a crap project on a dying company got his company paid and ripped ORE shareholders off, he also managed to get paid a fortune to do so - nice work thanks Col. Nearly AIM at its worst - the last BoD got 7 years of lifestyle wages for doing absolutely nothing but keeping them, their nomad, their broker, and all the other hangers on, on a nice "earner" - I have seen worse though - honest!
yes, that 0.0249p business was massively fishy - huge volumes changing hands above the bid/ask but no TR-1 in sight. I have to say that my interpretation of drill results was always that they were little better than cut-off grade and it should be no surprise that they gave up on gold after years of salary-taking.
Oh yes, this has been like getting our plums trapped in an industrial threshing machine. Just waiting for the detachment to occur, with nothing we can do to stop it. Smashin'. The FCA is useless.
But it never will so hope they rot in our losses. they couldnt find gold if they had a metal detector. Useless fookers
What i find shite is that the 0.249ers mist have known about the shell yet i amongst others were still lambasted on the gold holes being splendid. Load of bullshit Waaaankersssssss
Lol eric Yes a 0.249er harpoon right in the bum! Atomic bomb coming next? What a way to go lol