Oriole Share Price (ORR)

Technically Lanstead don’t need to suppress the share price. They can sell a fixed amount of shares a month and cover the cost of the monthly payments.

Of course as a business, they want to generate profit but it isn’t in their interest to surpress the share price.

They have a plan no doubt to maximise profit but by holding shares they hedge against a rising share price.

Lanstead don’t have to sell but they do, to cover the costs of the monthly payments.

All in all, there is enough big news inbound to raise this to 1p or more. The drill results at bibemi could be really exceptional and then Mbe is following behind.

$8m invested from BCM into bibemi and Mbe.

Whilst it’s good to discuss Lanstead I feel this last two weeks everyone has been bogged down with this and forgotten the long term value.

Yes. It is a head wind and we could be higher but plenty of news catalysts. In August/September we’re at the half way point of the deal.

Plenty to be excited about; don’t lose sight of the long term with the short term fluctuations.

Enjoy your weekend.

I'm not sure anyone understands the Lanstead deal - and that includes Lanstead! I presume it's in their interest to suppress the SP by selling shares in order to keep their payments over 0.2533p as low as possible but what happens if they don't sell their shares? As I understand it, if the SP multibagged they receive no benefit and it could prove extremely expensive! Alternatively, what happens after they've sold all their shares long before the end of the agreement? Presumably the SP would've rocketed long before in anticipation? The next GGP with added rocket power? I dunno!

Have previous Lanstead deals been with dead ducks and suddenly, they've signed a deal with a swan? Very tempted to double my holding - who needs to own acres in Utah except the upside there is equally compelling.

When the company announced its info in Jan and February 2023 (yes last year) … it didn’t really spark much interest or relevance (certainly to me other than any short term spike and retrace) as soil sampling is/was 100 miles away from firming something up and ultimately monetising the asset.

The latest information from the RNS that I guess wasn’t specific enough for the market, however shows basically how important the signature payments are and having our partner alongside. I would say (early) second quarter this may throw up newsflow that WILL then have some benefit and share price movement and from an area that without the partner would have just been another semi irrelevant piece of data ( like happens with many an AIM junior miners ) that never normally get moved along to the next level and ultimately therefore not developed.

Keep the faith, let’s not let the TR1’s and other issues get in the way … I feel ORR will deliver and start tracking to a more reflective share price.

It’s nice to see a bounce off the 0.30.

This just needs volume and buyers.

Plenty of big news on the way. Mostly drill results at Bibemi.

Despite all the negativity around Lanstead. There is plenty to look forward to here.

Fair comment Lambinator.

No offence taken, a good rant is healthy every now and again!