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ASCENT RESOURCES: Gas flows mean cash flows to develop up to 15 wells


Ortac Res. Share Chat (OTC)



Share Price: 2.625Bid: 2.50Ask: 2.75Change: 0.00 (0.00%)No Movement on Ortac Res.
Spread: 0.25Spread as %: 10.00%Open: 2.375High: 2.625Low: 2.375Yesterday’s Close: 2.625


Share Discussion for Ortac Res.


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chaotic_calmness
Posts: 364
Observation
Opinion:Strong Buy
Price:2.625
Ortac Resources - undervalued miner
Today 09:50
OTC is a sleeping giant. Its close to the finishing line, and undervalued by factor of 15x+.
The DRC as well as the Zambian assets are close to existing billion dollar mining assets. Just the huge DRC asset alone could bring multiple of ortac resources current market cap.

Then we have Eriterean asset which is also an strong contender for near-term low cost surface mining operation at around $750 per so oz production cost.
And finally the Slovakian asset - perhaps one of the only mining asset that could actually go into production quicker than the other ones considering the need for local government to bring jobs and tax revenue. The last time when Kremnica produced gold through its mining operations, gold was at $350 per ounce....Fast forward some 15+ year gold is now at $1250+ range and also the current production cost is around $700-$800 which means it would be a profitable project. Ortac can actually sell the asset on royalty basis, and perhaps create a near term cash flow operation for the company.

Considering above, Ortac Resources is significantly undervalued.
 
DShox
Posts: 3,178
Off Topic
Opinion:No Opinion
Price:2.625
Cobalt in Zambia
Sat 11:03
Amnesty slammed top global corporations earlier this week in a report that named and shamed manufacturers using cobalt from the DRC, source of over 50% of world supply, without conducting robust enough checks on slavery in the supply chain. Practically very difficult to check and stop the issue creeping in, but with OTCs Cu-Co project in Zambia, end users might start queuing for a deposit outside of DRC to meet Anti Slavery Act legislation in the UK, equivalents elsewhere and responsible stewardship goals. Look forward to resource drilling news at Zamsort and reckon OTC will aim for overall control/ownership of that business too.
DShox
Posts: 3,178
Off Topic
Opinion:No Opinion
Price:2.625
RE: With
Sat 10:46
Lots of gold projects being bought with feasibilities over them. A large prospect like Akyanga et al in DRC certainly can find itself in the crosshairs of a hungry predator desperate to boost production and dwindling reserves.
Firwood
Posts: 1,058
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:2.625
Very
Fri 23:31
Little trading today to account for the rise, Either it's is due to B99's picks or someone heard the typewriter coming out, Either way it's a start.
Firwood
Posts: 1,058
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:2.625
With
Fri 23:27
lots of problems out there Gold maybe the answer again and guess what we have got. . . . Drilling assays due with the resource hopefully going from low 1's to 2-3moz Also two more holes being drilled atm,

If VC's possible projected results come to fruition i am likely to wee myself.

Great weekend all,
F
westie50
Posts: 2,519
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:2.625
RE: Getting interesting
Fri 23:20
So much potential here. The patient will be rewarded
Cocobeans
Posts: 3,180
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:2.625
View Thread (3)
Time
Fri 19:52
To buy- sit back and relax- I see it getting very noisy in the coming week-
ShareInvestment
Posts: 2,786
Off Topic
Opinion:Strong Buy
Price:2.625
View Thread (2)
Getting interesting
Fri 19:38
Imo. I have added a lot down here and have an average at around 2.75. Imo this is a huge top up opportunity which will not last long. New board with ex Glencore experience, raised stake in Casa, cash to increase holding also in our other African key asset, no brainer: non existing downside but massive upsie imo. Time to sit back and enjoy the multi re rate over the next few months.
fulmar29
Posts: 1,148
Off Topic
Opinion:No Opinion
Price:2.625
RE: No Relief or Exciteable sells h..
Fri 18:09
agreed Mr Shox,MMs trying to winkle out the weak and nervous.
DShox
Posts: 3,178
Off Topic
Opinion:No Opinion
Price:2.625
No Relief or Exciteable sells here
Fri 17:45
Before we get carried away, this is but a tiny move in the sp flattering today's percentage gain. MMs still in general control following the placing and these little flattering gyrations are designed to collect stock still below the price you paid. Don't fall for it. There's a much much bigger prize. Calm it all down.




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