Just have to wait for a month now, don't think the Regional Court will appeal but you just never know. If they don't the SP must surely rise as news flows in over the next couple of years. I'm quite hopeful for this company.
As soon as Ortac Resources get financial backer for their Slovakian mine, OTC can shoot to 20m-30m market cap. The hardest milestone was getting the mining licence in Slovakia sorted and it has taken 6 long years to get through this stage.....
Ortac Resources Ltd, the AIM listed exploration and mine development company, announces that it was notified yesterday that yesterday Mr Nick von Schirnding, Non-Executive Director of the Company, bought 260,000 ordinary shares of the Company ("Ordinary Shares") at a price of 3.5p per share. The Company was also notified yesterday that Carter Capital Pension Scheme, of which Anthony Balme, the Executive Chairman, is a beneficiary, yesterday purchased 300,000 ordinary shares at a price of 3.75p per share.
Following this transaction, Nick von Schirnding will have a beneficial interest in 260,000 Ordinary Shares representing approximately 0.32 per cent. of the Company's issued ordinary share capital. Anthony Balme will have an interest in 8,588,902 Ordinary Shares representing approximately 10.46 per cent. of the issued ordinary share capital of Ortac.
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