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The Board appreciates your continued patience while it identifies a suitable project or projects in which to invest. The Board is conscious that shareholders have been waiting some time for news but wants to ensure that whatever transaction the company pursues delivers the maximum opportunity for value creation for shareholders such as yourself, this is still very much the company’s priority. However, this process requires both time and diligence. Please be assured, Ormonde remains in an enviable position among junior miners by virtue of already having a strong balance sheet to deploy, a listing on AIM/Euronext and a highly experienced management team. Over the last six months, the company has been actively reviewing projects and continues to do so. We look forward issuing an update to all shareholders as soon as the company has material developments to report.
checking its still working all nice and ready and full working order :-)))
I wonder what could be coming over the horizon?
Thanks for doing that.
just standard fluff again, I guess, though possible read positivity into it - not just 'active', but 'very active' and 'when in a position to do so' ?= 'we're just awaiting final drafts and signatures'...
Looks like at least one lost patience today and gave up at 0.65p.
I'll just keep imagining an interesting RNS, with this getting back to over 2p value in a month and 3-5p within a year.
Been onto them today, said that company were very active behind the scenes and they would report to the market when in a position to do so.
I did get a response a month ago from Vigo Consulting.
All a load of fluff, but I guess the lights are still on
Am with you flundra Have these shares for years, lost a lot ££...That's why I'm for new board - Bring it on Mr A. the right deal when you have it..... directors fees are being waived-Mr A.
An update would be very welcome, and the lack of comms is frustrating, although there's perhaps nothing to say until a deal is struck. I guess our main comfort is in the fact that directors fees are being waived, helping preserve cash. Shareholders will have their view of the bod, and I'd rather wait for the right deal, than pursue any old deal. I'm encouraged by CGNR's progress, where McMorrow's a NED.
Happy , I’m the same as you. Have a considerable holding and have bought the dips recently. Currently sitting on a paper loss but at a lower average now. Have had no replies from the company in any form. Surely we are due something soon , it’s been months since the new board took over…..
This is my first post re:ormonde... I'm heavily invested here thinking it was a good thing, but this share has stagnated and zero is happening... I tried contacting these people to no avail... Can anyone shine a light on what is happening with ormonde at the moment... Am happy to stick with them if there is a future....
No bloody 30% is still there. Wish they would get their act together and soon.
Good News is 90% is still there.
Our cash will be worth 10% less in a years time..:-)
Six months indeed- Disappointing -But how long did we wait for news from the last lot....No point in jumping in to the wrong Deal...Don't know Mr A. But he is a successful Business man. Give him time- 'When the apple is ripe it will fall' Patience Grasshopper...'The smallest stream becomes the mightiest river merely by being what it is.
End of this month will be 6mths from the new CEO being appointed. I guess that could...should, prompt an update. 6mths would probably be actually fairly short to get something fully to the dotted line. But some positive words of encouragement would not go amiss.
This is a joke of a company. Begged people to vote for change and never spoke since they got in.
So not a word for four months!
Any discussions progressing?
Very poor comms so far
Yawn yawn yawn yawn yawn
Dummy buy info only -> possible to buy ~£4.5k for ~0.74p, or max. ~£9k for ~0.79. Beyond that NT for buy.
Still waiting patiently to see what happens.
wheres l2 nowardays?
The Tremeloes.
However said silence is golden?
Thinly traded and looks like a seller around or someone selling for tax losses. Onwards
Seller killed buying for now.
New tax year tomorrow plus isa
That wee glimmer of hope hasn't lasted long has it.
Someone just dumped a load, must be offsetting against Tax