Oriole Resources Share Price (ORR)

Nobody should be looking at AI to get support for investment decisions…

The assets have potential, they always have had. Ever since the company first went in to Cameroon with Wapouze and Bibemi in 2018, and then expanded into the area they discovered in 2019 (Central Licenses).

Then Covid hit and destroyed the markets across the board.

Now they have funding. The asset base hasn’t changed, they need to deliver on what they have.

So more work at Bibemi and more work at Mbe and some work at the other projects.

Get busy and get delivering and the sp will respond.

The Bibs resource in the Meta AI is the old one. It’s currently sat at 460,000 oz @ 2 g/t

Again let’s say that Mbe keeps delivering and that can produce upwards of 2m oz deposit as suggested by AI.

The bigger picture , what is the likelihood that over the Cameroon license package there is equally similar deposits. Considering the only two that have been explored have delivered. 500k and maybe 2m respectively? I’d say it’s incredibly likely and is just begging for more people to come and explore. Odds are there is several multi million ounce deposits in Cameroon.

Ndom has good soil anomalies from memory.

All highly speculative of course but it shows the potential for a multi bagger in the next 6 months.

Part 2

- *Senala Gold Project*: Iamgold's interest in the project was sold to Managem Group for $282 million. Oriole's stake in the project could be valuable, considering its potential for gold production.

*Comparable Acquisition*

- *Chesser Resources Acquisition*: Fortuna Silver Mines acquired Chesser Resources for approximately $60 million (A$89 million). Chesser's Diamba Sud Gold Project had a resource estimate of 625,000 oz Indicated + 235,000 oz Inferred. Oriole's projects, particularly Mbe, show promising results, which could attract similar interest.

*Estimated Value*

Given the promising drilling results and potential resource size, Oriole Resources' projects could be worth ¹ ²:

- *Mbe Gold Project*: $100-500 million, considering its potential resource size and gold grade.

- *Bibemi Gold Project*: $20-100 million, based on its existing resource estimate and potential for further growth.

- *Senala Gold Project*: $10-50 million, depending on Oriole's stake and the project's potential for gold production.

*Market Capitalization*

Oriole Resources' current market capitalization is approximately £8.86 million. A potential buyout value could be significantly higher, considering the company's promising projects and drilling results ³.

Assuming a potential buyout in 6 months, Oriole Resources' value could range from £100 million to £500 million (approximately $125 million to $625 million USD), depending on the project's development, drilling results, and market conditions. This estimate is speculative and based on various assumptions about the company's projects and potential resource size.

I think it's even crazier that we are still valued under 10m GBP.

I have been playing around with Meta's AI function and asked the following:

What is the likelihood that Oriole Resources will be bought out in the next 12 months given the results at Mbe, Bibemi and also Senala?

A: The likelihood of Oriole Resources being bought out in the next 12 months appears to be moderate to high, driven by the company's promising drilling results at its Mbe and Bibemi gold projects in Cameroon and its Senala project in Senegal.

*Key Factors Increasing the Likelihood of a Buyout:*

- *Significant Gold Discoveries*: Oriole's recent drilling results at Mbe have delivered further significant gold mineralization from near surface, with nearly 200 mineralized gold intersections.

- *Partnership with BCM International*: BCM International has acquired an initial 10% interest in Mbe and is earning up to a further 40% interest by spending up to $4 million on exploration.

- *Growing Resource Base*: The company's Bibemi project has a resource of 375,000oz contained Au at 2.30g/t in the JORC Inferred category.

- *Increased Credibility*: The partnership with BCM International and the promising drilling results may increase Oriole's credibility and attractiveness to potential buyers.

*Challenges and Uncertainties:*

- *Market Volatility*: The mining industry is subject to market fluctuations, which can impact the attractiveness of potential buyout targets.

- *Exploration Risks*: Exploration projects carry inherent risks, and the success of future drilling programs will influence the company's value.

Given these factors, it's possible that Oriole Resources may attract interest from larger mining companies or investors looking to capitalize on the promising discoveries. However, the actual likelihood of a buyout within the next 12 months will depend on various factors, including market conditions, exploration results, and the company's strategic decisions.

Q: Should Oriole be looking to be bought out in 6 months time, what value do you think the company's projects would be worth given the drilling results publicly available and previous acquisitions by majors, including Chesser Resources.

A: To estimate the potential value of Oriole Resources' projects, let's consider the company's recent drilling results, market capitalization, and previous acquisitions.

*Potential Value Drivers*

- *Mbe Gold Project*: Recent drilling results have delivered significant gold mineralization from near surface, with nearly 200 mineralized gold intersections. Assuming a potential resource size of 120-250 Mt with 3.0-9.0 Moz of contained gold, the project's value could be substantial.

- *Bibemi Gold Project*: The project has a resource of 375,000 oz contained Au at 2.30 g/t in the JORC Inferred category. Its value will depend on future drilling results and development plans.

End of part 1