Oriole Resources Share Chat (ORR)

Momentum is building here. You can tell the BOD are building a great little portfolio and have some serious interest in developing a resource by both the government and bigger fish.

We are also funded for drilling which is the biggest issue for AIM explorers. Analysts also think we are going places and the BOD also have plenty of skin in the game.

I would love to shift funds in here but need developments elsewhere to play out first. If ORR can wait 3-4 months before it gets over 0.5p that would be great ;)

Enjoy the rest of the weekend all.

Could that analyst be right noted on Investors’ Chronicle with next year’s 6.6p prediction…

Thats in the middle of some numbers noted below by Kutzz…

Come on Oriole!! It’s time for take off and a rerate for shareholders.

GLA

Take away from SP Angels flash note surely as follows:

‘Abundant Gold in Mbe trenching’

‘Substantial channel sampling gold results reported from Mbe trenching ’

‘Extensive gold mineralisation intervals build on successful trenching at MB01-N’

‘….Highlights Oriole’s rerate potential should drilling justify management’s belief that Mbe holds multi-million ounce potential’

‘….highlights the potential impact a gold discovery at Mbe could have on Oriole’s current share price’

‘We see Mbe as a potential company-maker for Oriole’

Great coverage from SP Angel and posted up by Oriole

https://x.com/orioleresources/status/1842188701578748231?s=46&t=_nigBHAcmev43MbB6y2J5w

Obviously brokers have their own agendas but that said it’s immensely encouraging to see what they are saying. I kind of believe the geologists more than the brokers. Being an ORR shareholder is not an easy task sometimes, particularly when the SP goes red after supposedly good news.

The leadership of ORR have reiterated Mbé is the one that they are really excited about.

So not a bad little RNS to go into the weekend with. Food for thought and Kutzz’s GCSE Maths calculations!! Which paint an interesting perspective!!

Have an ORR free weekend folks and perhaps we return for some drilling RNS next week!! 😀

Med blue...

A fully funded exploration company with 2 JV’s and huge drilling programs….

We need more volume. Frustrating for us and equally management who have churned out good news in the last 4 weeks and the share price does not move north.

You can’t blame Lanstead entirely. Somehow this needs to attract more interest and corporate activity.

A few months ago I was hoping we would be sitting at 0.50 by now.

Oriole is wildly undervalued but it’s all well and good me saying that.

End goal is a buyout for £150m mcap + which puts the share price at 3p+

Get in while cheap

Https://www.proactiveinvestors.co.uk/companies/news/1057286/oriole-resources-ceo-outlines-promising-trenching-results-at-mbe-licence-1057286.html

uncensored

Should be blue by close

They only sell 2 million a day seemingly. lol

Just Lanstead using the good news opportunity, they still have 500 million shares to shift.

Https://www.proactiveinvestors.co.uk/companies/news/1057211/oriole-resources-sees-more-good-widths-from-mbe-trench-work-1057211.html

ORR CEO like a rock star in Cameroon, smothered by media, has to bode well for the company

https://x.com/OrioleResources/status/1839249316474388493

From LinkedIn which also has some pictures….

#ORR CEO, Martin Rosser, was recently invited by the Cameroon government to the official opening of negotiations for a mining convention. Attended by senior government officials & dignitaries, the event provided an opportunity to discuss the Bibemi exploitation licence application.

During the event, Martin spoke with important officials, including His Excellency Professor Fuh Calistus Gentry, Minister - Ministry of Mines, Industry & Technological Development. #ORR is delighted to see the strong support that #mining has from the Cameroon government.

This is bonkers!

I was a long term holder, and had been invested since early 2021, held for 3 long painful years and I have to confess, I did sell out earlier this year in January 2024 for a profit, but have started re- building my position.

I always enjoy reading the posts especially Kutzz and Hunniford & others, but I mention Kutzz's messages are excellent and always kept me going during the long painful days

I wanted to thank Hunniford as well, who earlier this year went to the AGM met the Board asked for questions he could raise in advance and then took the time to post the answers, excellent information and very much appreciated. There are not very many people that would have done that 😊

There are no other LSE boards where you get genuine input and a feeling that we are all in it together, trying to give a view from both sides and extra technical information. Most of the other boards are full of trash, pumping and dumping shares, HE1 is a prime example.

I have had the opportunity to meet one of the board before, a very genuine, honest, humbling and knowledgeable person and I think you will find it very difficult to find another AIM company where the board actually invest vast sums of their own money either through their own resources or salary sacrifices to the extent the team displayed over the last 3 years.

I think Oriole have an excellent board, great team of people and I am pretty confident as time passes by, the long term holders will be rewarded. The BCM deal was brilliant and I can only imagine how the future deals will shape up if that is anything to go by.

Unfortunately no one can control the market, shares will be bought and sold, simply the nature of buying and selling shares, supply and demand. At some point these shares will hopefully become so valuable that no one will want to trade them for the 10-20% small term gains and will hold on for the longer ones.

The Lanstead deal in my opinion, whilst extremely painful at the time, I believe it was the best option and was done in the best interest of Top Co. They are definitely on the right side of things as far as I can tell.

trades 11,12 & 13 today were buys and not sells as recorded. As we all know every buy is matched with a sell, so it is pretty imaterial really.

Https://www.proactiveinvestors.co.uk/companies/news/1057022/gold-eyes-2-700-milestone-as-new-high-hit-1057022.html

A nice RNS from GGP just out, hopefully we can follow 🤞🏻

Come on Oriole.

Let’s get this show on the road and the share price moving upwards.

On balance, given where we are in the deal with Lanstead, I think they have been pretty fair with their selling and kept it on schedule. I know a lot of people like the idea of Lanstead being bought out but at the end of the day when that happens then it likely spells time for the next fund raise. So from my perspective I'd like to see some decent news from the business, Bibimi drilling, Mbe trenching and Maiden drill results at MBE (plus another JV or two announced) before Lanstead is done selling since hopefully that should give the company more cash in the bank from higher sell prices.

The 2M per trading day volume is sizeable for this company at the moment but negligible compared to some other AIM PM stocks GGP PREM etc, not sure how we get the momentum back?? I guess rounding off the year with 1M Oz at Bibs would be a pretty compelling story, particularly at current gold prices and IF Mbe is slated to be much bigger than Bibs!!

Some v rough maths and by all means please correct if I’m way off.

511 million shares sold in the last twelve months….

That equates to about 1.5-2m shares sold per day taking into account actual trading days. Hardly a worry and they have less to sell now within the next 12 months (good for us).

Share price is about 36% higher than the 0.25 threshold agreement which means Oriole is making more money per month.

Lots of news to come and we are well funded for the next year at least.

Gold is flying and some serious numbers floating around the market of where this may go in the next few months.

Aaaaaaaahhhh, I didn't see that sneaky 87 million, so yes I stand corrected, apologies.

I still can't see this doing alot, but I will keep hold of my shares, been here 3 years so no hurry to move on now, just need a really good buy out offer, or 6p as I read in a previous post, I will settle for that :)

Would be nice for the awaited RNS to drop today🤞🏻

The 6% blue was just due to the spread, sort of looked artificially increased this morning.

Nothing has changed and everything is right on track.

Mbe South trenching expected soon & another 12-15 holes at bibemi expected in the coming weeks.

If the trenching results for south look better then the North (which looked very good) then hopefully it inspires another company to JV one of the other licenses.

It really is the hope that kills you. Up 6% then down 10%. Whoever said that a low SP doesn't benefit Lanstead. They pummel this as soon as there a glimpse of a rise. Hope to god theres no RNS tomorrow it will get pummeled again.

I think this just reminds everyone how hard it is going to be to get any decent gains and hold them.

24 months***.

But you’re right. Long term holder….

COME ON EILEEN

she gives me the faith

Kutzz

Long term holder

Well if it drops any more time to buy some more! Crazy just crazy.

Gold at a record high, on the verge of increasing the known proven resource.

Looking forward to the next RNS with lots of high grade results.

Come on Eileen.

Its the lanstRED CONundrum! Only Half a billion shares and 12 months to go.

I know! I Know! its a good deal for the company.

Isn't it funny as soon as the RNS is issued it turns red. Doesn't matter if good or bad boom RED.

Yes so far you are right about ROCK m8! Let's hope long term you're wrong for my sake....lol

GL here at ORR!

BSB

4 more RNS days left of the quarter

Well JPM were on the right track but Gold currently running circa 5% higher a whole quarter earlier than they predicted.

I just hope this one analyst predicting Oriole to hit 6.60p within the next year is correct....

https://markets.investorschronicle.co.uk/data/equities/tearsheet/forecasts?s=ORR:LSE#:~:text=Share%20price%20forecast,the%20last%20price%20of%200.3425.

This just goes to show how little the biggest bank in world knows about forecasting gold prices

https://www.jpmorgan.com/insights/global-research/commodities/gold-prices

Gold has hit a new high price today...

$2,637.34

Come on ORR

Blue

Gold finished the week at US$2622. Interest in the junior explorers can't be far away.

Based on previous pre RNS movements, I wonder if some more news is on the way?

Https://x.com/orioleresources/status/1836034522426577154?s=46&t=_nigBHAcmev43MbB6y2J5w

Great to see Oriole posting about the ever increasing gold price. New price high today.

https://x.com/orioleresources/status/1834594068556316845?s=46&t=_nigBHAcmev43MbB6y2J5w

Bl who

Our own Martin Rosser bought in here in June at 0.354.

Would it be safe to conclude that the price now isn't really challenging at these levels? I think so -IMHO anyway.

GLA DYOR

Clingon BLUE

I'm expecting another trenching RNS from Mbe before month end. Not expecting anymore drilling results this quarter.

But I would really love a new JV RNS or an update on Senegal RNS with some positive news, that would be lovely!

Hands up if you think another RNS is imminent.

The share price is creeping up once again, market seems to be giving a clue.

The thing that will really move the dial is another JV or some monetary deal at Senala, there is no doubt a re-rate is on here, there will be traders coming and going (usually after news they exit due to easy liquidity) however given the low float and surety there will be no more dilution it will become increasingly harder to buy in size, serious investors will buy into any selling and the SP will appreciate accordingly.

Make no mistake ORR is a very well followed company, the RNS today was No1 looked at during the day on a well known site. https://x.com/aimrns/status/1834253147528712280

Id hope they only sell so many at one time, so if we have good volume and continue down the route we are on can see it rising, albeit slowly. Benefits landstead ultimately, don’t think they will oversell.

Today will be blue blue blue

The pattern and depressed SP will continue until Lanstead are long gone from this company.

Well first drill results of the campaign and they ain't too bad, we have ourselves some gold. Hopefully this occurs across the remaining holes. This company definitely seems like a good value proposition compared to the current share price. Also this is the 2nd favorite site after MBE. Looking forward to the further trenching results and getting the drill rig over to Mbe afterwards.

RNS also landed 1 min earlier than I expected, I need to do better next time!!

BCM took on this licence knowing the other drill results, one suspects they know what they want and how to get it. Exciting times ahead for ORR, monsoon season also coming to an end which should hopefully improve the speed of drilling for the next Bibs results.

I think this is the buy on rumour sell on news BS that seems to be running the markets right now.

Anyway, positive RNS. Another small step in the right direction.

And there we have it. good news small rise Lanstead sell and we're red. Typical.

Looking at the photos, it seems the intersections include 2cm at 75% copper and 25% nickel.

More news please

Set your alarms for 7:07am tomorrow 😂

If we had 48m volume on a sell off day, the sp would be more than 10% down I can guarantee it. The Bod are absolutely right - we are seriously undervalued and should be back at 0.5 even without news. My avg is 1p so I'm keen to get back there with some good news!

Yes I would say buys, the volume is up significantly today just shy of 48m compared to 10M yesterday and 17m day before

I don't think they're sells at 0.36

Google shows the last trade, which was actually a delayed print from this morning. Most other sites will show the mid price. If you look at the top of this page, we have a bid/ask of 34/37, so the mid price is 35.5

Evening all, do people have opinions on sites that show an accurate closing SP? I see google has closing SP of 0.31 whereas VOX is 0.355. Very interesting though, VOX is showing an ask of 0.5… could this maybe explain the volume we saw today?

Newbie posting to this board!

Just been quoted 0.3568p to buy 500k ... really...do the mm know something we dont .. I was keeping my powder dry to catch a few more below 0.3p ...

.40p could come sooner than many think, looks like someone wants your shares in a big hurry !

Neon blue......