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Yes, Kutzz, you should've sold your holding @ 0.50 as should I! But we both thought it would be different this time - one day it will! I don't understand crypto so I will never invest in that commodity - much prefer to invest in a hole in the ground with a liar standing beside it!
Beardozer , agreed.
I thought the two JV’s and drilling happening this would have held around 0.40 maybe mid 0.30’s as it actually has substance now but AIM is brutal.
I’m back, couldn’t keep away.
Cekim, it’s been red every week for the last 7 weeks so it’s probably a secure bet.
Elon musk/ lucky abigale should do a spreadbet on it …. 🥱
Regretting my decision to not sell at 0.50 and now I’m back in red figures. Wild swing for the account. Could have got out and fancied my chances in crypto. At least that goes up and down , this seems to mostly go down.
It appears they will be drilling now (once those drill pads are ready) then they examine the core and send samples off to the lab. I predict results will come back in June. Last set of results took just over 2 months from drilling to results RNS.
Anyway, as said before. Volume here is low and it really needs news, but you just have to grit your teeth, go back to what we’re used to doing (bag holding) and hope they can deliver.
The mcap is worth less than what’s in orioles bank and the 2 JV’s it’s mind boggling but here we are.
I would've hoped by now that ORR has gone beyond being "news-driven" but maybe I'm getting ahead of myself.
They could be sitting on the biggest goldmine ever discovered yet we are where we are. Place your bets!
And the sooner ORR starts to buy back its own shares the better! Maybe Lanstead could sell some to ORR?
Utterly bonkers or a good deal for shareholders? Could ORR offer a guaranteed price to Lanstead 2 years down the road which would stop them selling now? I'm convinced a change in the finances would catapult the SP at least 200% .
I predict it will be red everyday next week unless there is news. Do you want the lottery numbers for Sat. Lol
Oh cekim, you had to go and predict it! ;-)
All very interesting for a fantasist! " I would never spoil it and be the first one to sell." Bonkers but you're still welcome!
Meanwhile, Lanstead's black shadow continues to hang over ORR. A takeover offer at multiples of the current SP would solve all our problems!
I will be very surprised if this stays blue today. Pleasantly surprised
I will scratch my hairy ballbag, then I will move His Lordship so that he is no longer lolling on my left thigh, but nestling along the right.
Lanstead office gone to Cheltenham for gold cup day 😂
Well I sold 3 grand yesterday and 3 grand today just to cover my spread bets. I only sold after lanstead and another sell. I would never spoil it and be the first one to sell.
However I did increase my CFD position today. I will increase tomorrow if it is looking good when some of my 3 grand becomes available. If it looking bad I will just add it to help my spread bet positions.
More buys than sells but still red.
Pathetic !!
Well if it means anything from a technical perspective the shares have strong support at current levels, the RSI has fallen from a very overbought 84 to below neutral 40 and has bounced off this level many times historically.
As mentioned yesterday the share price is off 55% from the intraday high of .57p reached on 22nd January, IF Lanstead stop all the ingredients are there for a rally back to the mid/late .30p's IMO.
I’ve just bought another 1m.
Come on Oriole
I'm going to buy some more on pay day, safe in the knowledge that long term this will easily be 10m plus. Tim is no idiot, he is building a behemoth.
Could do with a nice bounce
I get the anxiety which accompanies recent moves however for me this is a long hold.
The market cap is now under £10m and we've got cash and income worth a good percentage of that plus 500koz of gold across two sites. Plus we have exploration ongoing across Bibemi and Mbe with Fare looking like it will follow. Wapouze is still unrealized and hardly anyone gives a tinkers cuss about the Elephant Oil money or the value of the NS agreement in Turkey.
I'm not clever enough to trade this anyway. Is this lot worth more than £10m? My guess is yes. Probably quite a lot more.
The slings and arrows of outrageous fortune is what the share price movements are. Hopefully we'll all get to trouser an outrageous fortune at the end of the process too.
GLA DYOR
Gold will continue to go through the roof. The more Russia frighten the world the better it is for gold and for Oriole too.
Also I noticed that 2 buys bought a little late in Oriole at the end. When they could of had them at 0.245p at one stage. Better late than never as they say.
This is not hovering around 0.25. Its fell from 0.36 a month ago.
Lanstead take a cut (percentage) on every share they sell so why would they want to drive the sp down?
The reason Lanstead will not TR1 is they do not want to disclose how many shares they have sold, it's that simple, I would suggest they have dumped circa 200m to 300m and am preferring the high side.
Make no mistake if they could take this down to .15p or even .10p they would - they have no interest in either the company or it's shareholders and IMO continually breach TR1 declaration periods.
Look at their website, would you buy anything from them ? No information whatsoever, no clarity on personal, no information on Directors or even where they are located, nothing on their invested companies, they never exhibit - nothing !
https://lanstead.com/?loc=GB
Come on ORR, get them to declare their position.
I thought the reaction to the two 7.5M trades yesterday was odd. Looked like buys but smelled like sells.
Need some news to get things moving again and the volume to soak up any Lanstead sells.
Bibemi drilling was supposed to start during Q1 so hopefully hear about that soon. Also, the final results could be released anytime. Might not include anything new but could have some clues about what Lanstead have been up to - although if ORR have been updated then they should already have issued a holdings RNS. Should be an incentive for them to chase them up anyway. The last two final results were released on the 9th March and year before was on the 24th.
We went to 0.25p nearly two weeks ago on a Friday. The price is just hoovering about until it breaks out again.
The two month chart has never looked so strong. Giving a buy signal at 0.25p. At where it was the last time before we more than doubled.
Elon that goes for nothing with this share.40k buy and didn't move.
I think it shows how unregulated AIM is. SP fiddling and non declaration by Lanstead. What can we do about, nothing. This is de ja vu for us LTH, get a glimmer of hope then its taken away within weeks.