hxxp://brandmining.blogspot.co.uk/2015/10/ortac-zambia-investment-is-paying-off.html?m=1 Thursday, 1st October 2015 Ortac Zambia Investment is Paying Off. New Investment into Zamsort, set to edge the Kalaba Copper stockpile project into production Cash is king on AIM and the news out this morning by Ortac Resources is a welcome development for investors as the Kalaba copper stockpile project under the development by local copper company Zamsort which Ortac are a major investor in, receive a vote of confidence in the project as the latex investor Kopara, is seeing what I have seen all along. Kalaba is a great project. The mining risk has been taken away, its simple stockpile processing and with the cash this will bring, will help open up what is a huge copper asset, just waiting for decent exploration attention. With Ortac's strong geological team there to support Zamsort, Ortac is one of the few AIM plays that has a real opportunity to secure cash earnings in the near term. Shares in Ortac rose 88% on this news.
Doing a bit of research as you do on a Sunday morning and came across this... interesting on a number of levels... 1) mkt cap was "just" £5.4m (...implying v cheap) 2) Andiamo - investment was made at a discount to previous year 3) potential of Andiamo listing on AIM 4) If item 3 happens, suggests a mkt cap of £5.4m would be covered just on this and look "very cheap" 5) states that Sturec would be in for free (NPV $111m) 6) obv now we also have Zambia exciting asset and mkt cap is now half :)) :m ..................................... - See more at: http://*********************/views/3452/ortac-resources-buys-into-andiamo-every-cloud-has-a-copper-lining#sthash.EalMr8ej.dpuf
RE: notes from call to company
Yes been in this since July for what was a medium term punt but it is starting to look interesting for a multibag for the patient .
That last trade
of 1m showing as a sell is actually a BUY of mine.
I'm expecting a flurry of activity this afternoon. Just as I was losing faith, they pull me back in!
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