Member Info for B_Positive

They can do what they want. With at least 55%-60% of shares tucked away by management and then more by other big holders they have hardly any stock.

They will be desperate for stock now ahead of significant news which is going to begin rolling in.

Charta JAN already has 340,000oz of gold between the two projects.

Combined that is worth $1.75BILLION at current gold prices.

This is before both resources grow and gold goes higher.

OMI trades at 5-10x JANs value right now with less gold than JAN.

We have a great shot of going into march trading at 5p and over and then comes the next target of 10p

Absolutely immense volume. This week this will be at 4x placing churn literally 1-2 weeks after the raise.

I haven't seen that before EVER.

One person I trust with contacts said they offered £4.2m but the board was happy with a fraction of that.

So my theory that the other £3million would be bought on the open market seems to be holding up.

Plus then you have other retail and new shareholder interest growing significantly

Couple that with 55% of the issued share capital being held by just 3 entities including management and it all makes sense.

Trading at around a 5-10x lower valuation than OMI recently and it has more gold already, two growing projects and potentially a third on the way. Plus a major vandium asset to leverage.

Serious management with a rich history in mining in Brazil.

Assays, JORC upgrade and 20,000oz production PEA all due.

Also drilling has commenced for the new mega gold asset.

Two massive high grade shallow gold projects with close to $2billion of resources already.

20,000oz annual production soon supported at one project resource

Even 15p a share would undercook the valuation and that's before production at which would this can be a 30-50p share company.

Should be at around 13p right now in my estimates, same value as OMI.

Can anyone counter this point?

Very weak newsflow for 2026. Drilling months away.

*We are now preparing for a maiden site visit aimed at refining targets

*Field activities are scheduled to commence following the seasonal wet period

Sounds like they are months away from even starting to drill.

Once they do drill that will takes months to complete.

Then assays will be stuck in labs for months.

You won't get any assay results here to boost the share price in a meaningful way until the end of 2026 or early 2027.

Why? Low sample grades and as per the RNS it says.

Very weak newsflow for 2026. Drilling months away.

*We are now preparing for a maiden site visit aimed at refining targets

*Field activities are scheduled to commence following the seasonal wet period

Sounds like they are months away from even starting to drill.

Once they do drill that will takes months to complete.

Then assays will be stuck in labs for months.

You won't get any assay results here to boost the share price in a meaningful way until the end of 2026 or early 2027.

Why? Low sample grades and as per the RNS it says.

*We are now preparing for a maiden site visit aimed at refining targets

*Field activities are scheduled to commence following the seasonal wet period

Sounds like they are months away from even starting to drill.

Once they do drill that will takes months to complete.

Then assays will be stuck in labs for months.

You won't get any assay results here to boost the share price in a meaningful way until the end of 2026 or early 2027.

Well I am comparing to CDL and these appear very very low.

For example look how many multiples higher grade the rock chip samples at CDL are over this.

High Tenor of Rock chip results over 10 g/t include:

o 65.75 g/t Au (2.11 ounces of gold per tonne)

o 40.44 g/t Au (1.30 ounces of gold per tonne)

o 27.23 g/t Au

o 19.79 g/t Au

o 15.89 g/t Au

o 39.5 g/t Au, and 44.4 g/t Ag (CR0043)

o 142 g/t Au, and 175 g/t Ag (CR0044)

o 15.40 g/t Au

o 14.39 g/t Au

o 13.99 g/t Au

o 12.66 g/t Au

o 12.45 g/t Au

o 10.78 g/t Au

o 48.63 g/t Au (RBR015)

o 62.48 g/t Au (RBR017)

o 20.61 g/t Au (RBR020)

o 12.24 g/t Au (RBR021)

o 253.59 g/t Au (RBR022)

o 195.53 g/t Au (RBR028)

o 10.22 g/t Au (RBR030)

o 2.78 g/t Au (RBR032)

For example look how many multiples higher grade the rock chip samples at CDL are over this.

High Tenor of Rock chip results over 10 g/t include:

o 65.75 g/t Au (2.11 ounces of gold per tonne)

o 40.44 g/t Au (1.30 ounces of gold per tonne)

o 27.23 g/t Au

o 19.79 g/t Au

o 15.89 g/t Au

o 39.5 g/t Au, and 44.4 g/t Ag (CR0043)

o 142 g/t Au, and 175 g/t Ag (CR0044)

o 15.40 g/t Au

o 14.39 g/t Au

o 13.99 g/t Au

o 12.66 g/t Au

o 12.45 g/t Au

o 10.78 g/t Au

o 48.63 g/t Au (RBR015)

o 62.48 g/t Au (RBR017)

o 20.61 g/t Au (RBR020)

o 12.24 g/t Au (RBR021)

o 253.59 g/t Au (RBR022)

o 195.53 g/t Au (RBR028)

o 10.22 g/t Au (RBR030)

o 2.78 g/t Au (RBR032)

5.31g samples are terrible

Look at CDL at over 50g, or 100g or 200g

KEFI 2.0 this will be.

Bigger rise on better fundamentals.

Great post. They will falsely open this red today, probably to entice some selling, but don't fall for their tricks.

Holding for gold and assays can't be far off now.

Looks tremendous value here buying at such a low market cap.

One of the best communities I've come across from recent memory.

Onwards and upwards from here :D

And that's before production

+This has a whopping gold resource with billions of in ground gold.

+You can buy in when the company is only valued at around $15-20 per gold oz vs a $5,200 gold price. Even ORR rerates to a measly $200 per oz that is significant upside

+Assays point towards a massively mineralised gold asset, more to come shortly

+Further JORC upgrade due shortly and looks set to be significant adding to the huge gold reserves

+More drilling planned shortly in early Q2, the drills never stop turning

+Big milestone payments expected from JV partner to ORR shortly

+PEA demonstrates extremely attractive project economics with a tiny $1200 AISC roughly

+ESIA approved and Explotation Licence now expected this quarter which is a major unlocking event

+Board now taking this to production it looks like

Look at KEFI now with a £200m mcap.

Or OMI over £100m mcap with far less gold than ORR. Significantly less in fact.

Insane valuation. Significant upside.

Not advice, just my own assessment for my own investment as always.

Consolidating nicely. When news drops it can settle higher than here too

It was the same in KEFI from the lows. But look at it now.

Frustate the weak ones into selling for pittance before taking it up 5-10x in literally a few months.

10-20p this year I think is very doable. Fingers crossed

Such great upside.