Member Info for boraki

Yep, should happen soon

This will take off soon.

The Mms want your shares,

https://uk.trustpilot.com/review/www.debenhams.com

This is the main reason I sold up last month.

I expected them to do better than this :-(

Good luck all holders,,

Hopefully better news will come and then I will get back in, because I have always liked Debenhams stores

Don't worry Glandore, I appreciate you did not realise about the Vat refund ( i.e. some vat refund, we do not know how much yet).

But for anyone new to this one, here is the link from November 11th,,, https://uk.advfn.com/stock-market/london/oriole-ORR/share-news/Oriole-Resources-PLC-Significant-Progress-made-on/78670085

Highlights
- HMRC has now accepted the Group's activities in supporting its overseas exploration are an economic activity for VAT purposes;
- The GBP557k provision made in the 2017 financial statements is expected to be substantially released although a partial restriction will apply going forward in respect of the Group's activity in Turkey;
- The quantum of the partial restriction is subject to ongoing discussions.
Oriole's CFO Bob Smeeton, said: "We are pleased to have reached agreement with HMRC that the Group's activities to support overseas exploration are an economic activity for VAT purposes. Whilst there are still ongoing discussions concerning the restriction relating to our Turkish activities, it is excellent news as a significant proportion of the 2017 provision is expected to be available for release in 2018."

Let us hope we get quite a bit of it back without too many restrictions for Turkey

https://www.youtube.com/watch?v=Squ9FapRvUc

Sorry icarus,

I misread you.

Yes at 1p this will still be very cheap

P.p.s, we have not got the "vat refund yet", but when we do I suspect it will rise 10% plus

P.s, I meant to say "our market cap", and not "are market cap"..

:-)

Don't forget at 0.34p are market Cap is only £2.5million.

Iamgold market cap $1.47 billion,,

Billion, Billion, Billion.

It would only make sense for them to buy us out

Because if Iamgold are going to spend $8m over the next 6 years to get a 70% interest,

they will not bat an eye lid in taking the company out for $8-12million to gain 100% interest, with other projects thrown in
for good measure

General market malaise I am afraid to say.

The market is always right, however, moods change quickly in the present atmosphere.

This will eventually come very right, but not while the market is so negative over brexit et al.

Good luck all holders.

:-)

This share price is crazy, given the opportunities we are involved with.

Cannot see this staying at these levels for the next few months

MMmmm

Very good

Sounds good to me

https://www.youtube.com/watch?v=mui6paKu3lQ&t=192s

He certainly seems to interview well

https://www.youtube.com/watch?v=URa0qJOTMzE

Rebrand sees Stratex International begin trading as Oriole Resources

Lol....

Well done

http://www.valuethemarkets.com/index.php/2018/04/09/next-12-months-going-active-new-stratex-boss-tim-livesey-will-turn-company-around/?utm_campaign=shareaholic&utm_medium=twitter&utm_source=socialnetwork

Valuation
It is early days for Stratex’s turnaround. The firm does not have a regular income stream, and a significant amount of its focus currently lies in rebuilding shareholder and market confidence after last year’s turbulence. Even with that in mind, the business looks good value with a current market cap of just £2.9m.

Stratex’s latest balance sheet, released last month, shows an enterprise value of just over £2m. Essentially, this means the market is ascribing a present value of just c.£900,000 to its business. The figure seems out of kilter with the company’s situation, when IAMGOLD has already committed to potentially spending $8m on exploring Dalafin while allowing Stratex to hold on to a decent interest. And that doesn’t even factor in the rest of the firm’s investments, which includes Turkish assets with future production royalties. Add to this the fact that Stratex is set to expand even further, and you’ve got an organisation operating with ambitions well beyond the value attributed to it. What’s more, Stratex had no debt as of the end of 2017.

Quite clearly, this discount is related to last year’s boardroom turbulence and shareholder revolt. Despite a raft of news flow indicating progress, Stratex’s share price has so far failed to recover ground lost, with shares sitting at just 0.6p. As Livesey puts it:

‘I think Stratex is greatly undervalued, particularly when you think that if some companies had a deal like the one we have with IAMGOLD, then that would be all they would need to get completely re-rated in the stock market. The low valuation can be put down to a lingering hangover from last year and is not justified. We tried to do something the shareholders didn’t like, we took that on board, we didn’t do the deal, and we have realigned back to where most shareholders wanted us to be. We are now focusing on delivering what shareholders want and need to develop some new projects, partnerships, and acquisitions. The next 12 months are going to be very, very active.’

Very Interesting indeed.

thanks for that