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Ortac Res. Share Price (OTC)



Share Price Information for Ortac Res. (OTC)


Share Price: 3.75Bid: 3.50Ask: 4.00Change: 0.00 (0.00%)No Movement on Ortac Res.
Spread: 0.50Spread as %: 14.29%Open: 3.75High: 3.75Low: 3.60Yesterday’s Close: 3.75

Ortac Resources Limited Ords Npv (Di)

Ortac Res. is listed in the FTSE AIM All-Share
Ortac Res. is part of the Financials sector






Share Price SpacerPrice
3.75

Share Price SpacerBid
3.50

Share Price SpacerAsk
4.00

Share Price SpacerChange
0%0.00

Share Price SpacerVolume
568,338

Share Price SpacerOpen
3.75

Share Price SpacerHigh
3.75

Share Price SpacerLow
3.60

Share Price SpacerClose
3.75

Share Price SpacerCurrency
GBX


Currency Issue Country Shares in Issue Market Capitalisation Market Size
GBX GB 82.14m £3.08m 15,000

52 Week High 4.75 52 Week High Date 20-APR-2017
52 Week Low 0.02 52 Week Low Date 12-DEC-2016

# Trades Vol. Sold Vol. Bought PE Ratio Earnings Dividend Yield
21 399,966 155,372 -1.875 -2.00 0.00 0.00




Date
Time
Trade Prc
Volume
Buy/Sell
Bid
Ask
Value
 

21-Apr-17
13:35:10
3.75
13,000
 
3.50
4.00
487.50
Trade Type:
Ordinary

21-Apr-17
12:53:48
3.70
12,000
Buy* 
3.50
3.75
444.00
Trade Type:
Ordinary

21-Apr-17
12:28:02
3.585
27,606
Sell* 
3.50
3.75
989.68
Trade Type:
Ordinary




View more Ortac Res. trades >>

Directors Deals for Ortac Res. (OTC)
Trade DateActionNotifierPriceCurrencyAmountHolding
27-Mar-17Buy
Trade Notifier Information for Ortac Resources Ltd. (DI)
Nick von Schirnding held the position of Non-Executive Director at Ortac Resources Ltd. (DI) at the time of this trade.
 Nick von Schirnding
3.5GBX260,000260000
27-Mar-17Buy
Trade Notifier Information for Ortac Resources Ltd. (DI)
Anthony Balme held the position of Chairman at Ortac Resources Ltd. (DI) at the time of this trade.
 Anthony Balme
3.5GBX300,0008588902
24-Feb-17Sell
Trade Notifier Information for Ortac Resources Ltd. (DI)
Anthony Balme held the position of Chairman at Ortac Resources Ltd. (DI) at the time of this trade.
 Anthony Balme
0.02GBX48,189,572828890249
View more Ortac Res. directors dealings >>



Date/TimeAuthorSubjectShare PriceOpinion
Sat 17:53aprogersonJV et al3.75No Opinion
My take is that the JV announcement will happen when the project is cleared to proceed which can only happen when any legal wrangling over permissions/ licence et al has been resolved. I broadly agree with Eyeguy's and Kingivor's assessments and expect a MCAP circa £15-20m with a sensible JV announcement ... and by sensible I mean £10m+ cash on the table to fund to production that will allow this asset to be realised and avoid a very costly dilution; structuring of any deal will be… Read More
Sat 15:03EyeGuyRE: JV3.75No Opinion
Yes kingivor. I note project NPV's not too dissimilar to kefi's tulu kapi.
They haven't a JV partner yet - if you don't include the Ethiopian government stake and they still need their finance. And they have an mcap 5x this. Shows how undervalued this is. And I'm bullish on kefi and think that's too low.
It will all kick off soon I'm sure
Sat 11:59kingivorJV3.75No Opinion
Post JV 49% OTC and free carried with modest up front earn in of $10m cash would be an outstanding result.

70,000 ozs pa production at aisc of $700/oz and gold $1300 gives gross profit pa $42m

Circa £15 per annum revenue to OTC . PER x conservative 6 with sustained production would capitalise OTC's interest alone at £90m and SP of £1.

Next RNS of JV-confirmation must re-rate the stock. 20p first stop imo.
Sat 09:32EyeGuyRE: Insights3.75No Opinion
Being realistic the Unknown company would need to bring cash to the table. Otherwise there is nothing in it for OTC.
With a big cash injection then hopefully they can source more debt at project level.
If this project is on, this is far too cheap for a PFS miner which according to the March RNS will start mining in july.
These stocks normally would command £15-30 mill mcaps depending on gold price, sentiment etc
Sat 08:43kingivorRE: Insights3.75No Opinion
Clearly the Sturec project is not going to proceed without a Slovak mining partner. My best estimate based on the published 8% discounted NPV is for OTC to receive in excess of $10,000,000 cash for 51% of the Sturec project. The local partner to bring Slovak bank debt to the project and in house finance and mining expertise.

This should capitalise Ortac at circa £8m plus African investments say £2m plus further £8m enterprise value for Sturec going forward . I can reasonably… Read More
Sat 08:23EyeGuyRE: Looking great !3.75No Opinion
Yep. That's my take. Some here think Slovakia won't happen. If it does then a serious re rate is on the cards as currently this isn't priced in. I think based on the history here it as probably right for this not to be priced in but the past 2 RNS are moving this IMO from unlikely to happen to very likely to happen.
When this happens and JV if positive and legally binding then I'm sure we will all be rewarded handsomely for our patience. But let's not forget this company has other projects… Read More

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