it's most likely linked to the market's recent enthusiasm for copper assets....Origo's KCC is up 35% in one month, for e.g. Also, Mongolia has been bailed out by the IMF so things look more constructive there than they have done in a good few years. The bigger miners have started to sell-off in the last few days so it will be interesting to see if the buying in OPP cools off too. It shouldn't if investors genuinely believe the global copper supply shortage research that's out there. I think this should be around 4.0/4.5p before we even start to debate where this could get to. But I'm happy to accept I thought that months ago and that I'm a very stale bull..
Shonaid Jemmett-Page, Chairman of Origo, commented:
"The directors of Origo are delighted to report the outcome of the Meetings and the approval of the Proposals by the requisite majorities of the Company's ordinary and CZDP shareholders. This brings to an end a significant period of uncertainty and expense for the Company and its shareholders. With the resumption of trading of the Company's shares on AIM, the restructuring of the Company's share capital and the resolution of the disputes with Brooks Macdonald, Origo is in a significantly improved position to deliver its Investing Policy of divesting the Company's entire portfolio by November 2018."
Did I read this correctly - the date above that .......portfolio by November 2018 - not a mistake is it??
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