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Anything?? Anyone?
Another month ticks by.
As soon as a transaction is approved by shareholders. If it's still suspended for 6 months then it gets delisted, which would be August 2023. So clock is ticking. This from the latest announcement:
The Company's ordinary shares will remain suspended until such time as an AIM admission document and Euronext Growth information document have been published seeking readmission. An RTO transaction would be subject to approval by Ormonde shareholders, therefore an AIM admission document and Euronext Growth information document would be sent to shareholders with a notice convening a general meeting.
Does anyone know when Ormonde go back on Lse?
Parts of the Scottish Highlands identified by the BGS as particularly worthy of further investigation...
https://www.cnbc.com/2023/04/17/energy-uk-identifies-areas-to-scour-for-critical-raw-materials.html?__source=twitter%7Cmain
Yes done that hence the question.
Try reading the last RNS as a guide....
About time for an update?
With this companies news flow history, probably end of 2027, Tuesday 29th December 07.03 will be next RNS
Sorry if I've missed a post. What's approx date for any news ?
https://www.thenational.scot/business/23354215.critical-minerals-role-future-scotlands-energy/
Potentially lots of nickel, copper and PGM's in Scotland. These guys won't be the only ones exploring up there...
Gardiner was chief operating officer at ORM, resigned in Sept '21. Interesting to see him recycled into another uk battery metals explorer.
He is our current non exec chairman.
I believe he was with ormonde back in the barracapudo days
What's the connection gotabe?
Fingers crossed Brians onto something here, UK ev battery minerals is a smart move by orm.
https://www.thenational.scot/news/23321086.exploratory-drilling-rare-metals-kicks-off-aberdeenshire/
Look who CEO is!!
Looking forward to seeing more project and readmission details.
If it's nickel, I read that 35kg is needed for an EV battery pack. And the IMF and others expect battery metals prices to soar.
And it doesn't at this stage look as though further funding is proposed.
Potentially very interesting for ORM shareholders.
ORM is being deleted as a constituent of FTSE AIM All-Share Index from 13 Feb, due to the suspension.
Reading it again, it just looks like a listing classification from the 13th Feb.
Why they cannot use straight forward English is beyond me
Am i reading this wrong, i thought the last RNS meant the suspension was being lifted on the 13th ?
Ormonde Mining PLC - cash shell, former Dublin-based mineral resource company - To be deleted from the FTSE AIM All-Share Index on February 13. On Tuesday, it was reported that the company was temporarily suspended from trading on AIM. It became a cash shell in October 2022 and was therefore required to announce an acquisition that would be a reverse takeover. On Tuesday, it reported that it acquired a 20% stake in Peak Nickel Ltd for GBP450,000, was granted an option to invest a further GBP4 million in cash in PNL, taking its stake to 49.9%, and to buy the remaining 80% of PLN through the issue of Ormonde ordinary shares.
Not sure what that means or if its just admin/process
Obviously some activity on site last year with talk of drilling. Wonder if they've bought the license off Australian company that was originally involved?
google.com/amp/s/www.dailyrecord.co.uk/news/local-news/protest-group-launched-online-oppose-26054418.amp
Talnotry
Summary
Nickel-copper mineralization occurs near the base of a diorite intrusion close to its contact with hornfelsed Ordovician and Silurian shales and greywackes. The principal ore minerals are nickeline, gersdorffite, pyrrhotine, pentlandite and chalcopyrite with minor amounts of molybdenite, tellurobismutite, gold, sphalerite and argentopentlandite. Pyrite, marcasite, violarite and goethite also occur but are interpreted as later alteration products. Much of the pyrrhotine-rich mineralization at the base of the intrusion is in the form of blebs and interstitial aggregates with amphiboles, plagioclase feldspar, biotite, chlorite and quartz. Chalcopyrite-rich and nickeline-gersdorffite-rich mineralization occurs above this and immediately below unmineralized diorite in the form of patches, lenticular masses and stringers along joints and fractures.