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That was smoother than I thought.
That took about six weeks after the announcement. Regardless of its immediate effect on sp, it signals that Araguaia is proceeding in earnest. That production is realistic and so is funding being arranged (after all Orion recoups money only on revenue).
Commencing the early engineering works, appointing further personnel, pinning down the timelines/budgets should shave a slice off that $443m too. This is an exciting phase for share holders and the co. Lastly as JM admitted, being cashed up is fundamental to surviving any upcoming storms, and maintaining shareholder value, regardless of Ni price. This is why I like the co: they are moving in a surefooted manner without any rampy rubbish. Imho only. Please DYOR
Fulmar - thevsp has gone flying on this news lol
Hi Joey,now calm down and use all of your brain power.Last week you were claimed "what you said pretty much happened" now that was more rubbish from you because it was about the PFS and you had predicted no such thing,What you actually said was the sp would drop on news the cash was in.Now stretch your IQ a bit further and try and remember what I said .Are you really as dumb as you make out ?
Fulmar - you are a joke. You said last week that the funding had not been accounted for in the sp. So what happened today?
Lol and Joey is invested here.... next up is Geng.. Joeys other log in... come on then give it your best...
Btw Joey I'm sitting on a really big profit here.. just so you know :-)
Themuir - me to but it's starting to disappear. I should have listened to myself and sold the lot. I cant see this staying above 4p for long now
30 milllion in the bank and mcap 60 million? really?
Fulmar - there you go my prediction came true
Fulmar - in actual fact everything I predicted has actually happened to date hasn't it
I am now kicking myself for getting into a debate with a moron Joey.Your knee jerk expectations of instant results are sadly typical of an impatient society used to and expecting immediate solutions/answers to all of their problems.What I actually said was all of the money's affect will not yet have been factored in yet, but it will take more than that to reach the required 100m. The £25m recieved today will affect the sp to the point that it is indicative of the company's plans moving forward.I'm sorry if you thought in yor naivety £25m would be expected straight onto the Mcap and I'm equally sorry (mainly for you) if you are dumb enough to believe or expect instant gratification/results as soon as the market opens.If you have a couple of minutes when you are not talking ,have a little look in the mirror and ask yourself is this "share thing"really for you.I can't offer any more therapy sorry Joey
Another tick in the box.
Time to pick up a few more a bargin basement price
Fulmar - are you serious. It was me who said the sp would likely drop on this news. You where the one spouting on about this news increasing the sp. You seriously haven't got a clue have you
Joey you are only annoying people now... no one wants you here...
You were very quite when this was rising... and you will be again..