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As previously mentioned this is similar to bio research companies. M9nuemental gains are made when moving into phase 2, and phase 3 research. But when the drug receives fda approval, sp corrects as there are the unknowns

We want to sell it at a premium GG....not at Gold Geezers Gameroonian Goldmine rates

Cheers Mr. Quick one, was there any potential time frames for the exploitation licence mentioned?

Strong update from Oriole yesterday. The WRAP Retail Offer closed at 0.24p and actually raised a little more than planned, bringing in £230k from private investors. That takes the total raise to £2.03m when combined with the £1.8m placing announced the day before.

In total, Oriole will issue 96.64m new shares under the WRAP and the same number of 0.36p warrants, alongside the earlier 750m placing shares. The raise means the company is now fully funded for the 2025/26 field season, including the step-out drilling at MB01-S, the BCM-funded programme at MB01-N, the Eastern CLP work and the Bibemi exploitation licence.

Worth noting that the WRAP was well supported, which suggests retail confidence did not collapse despite the dilution. With the cash position now strengthened and Cameroon programmes financed, the main risk for the next phase shifts back to operational delivery rather than funding

Don't forget to post on yahoo chaps

Yes God

I'm just calling you out Yankee. You said you were trading between low .2 and low .3 and I called you out because obviously that couldn't be the case. You responded by talking about significant trading opportunities, but really there was September and a few little puppy trades on October which weren't between the levels you mentioned. You complain about the company...yet then boast about benefitting from trading the volatility. And now you are asking if people are going to the Mello event...as if you care!

yes its clearly bouncing up and down between .20 and .30 regularly.........wait a minute. it isn't. which means you are full of ****.

All... Yankee wants us to loose money which isn't very nice. What are we going to do with him.

I think oriole has driven us all mad. And poorer.

Lol

Reminder for attendees to bring some rotten eggs with them

I think what I need right now is a rant from HRY335. And then I'm going to try and not look at my trading platform until next year. I might even start an account on another trading platform so I ďont look at what oriole is doing for a few months. Theres positives to take from all of this, but I just can't be naffed to talk about them. Lets us pray MBE Norths results are spectacular.

hunniford, partly agree. i think it helps to look at this as a straightforward business case. oriole has a number of assets that, on their own, are not particularly spectacular, but together they create a company with options and potential. the goal in cameroon, whether achieved by oriole, a joint venture, or another operator further down the line, is to get the gold out of the ground. ideally the first mining would come from what is already shaping up to be a significant resource.

because we are invested, we tend to see oriole as a single entity, but the market does not. each project is viewed in isolation because non of them are in a tested mining jurisdiction with skilled human capital and infrastructure, and until one of them clearly stands out, the wider story will probably remain muted. mbe looks like it could change that. it has real potential to become a meaningful, come-to-cameroon type of asset, but for now it only has a resource for half of what has been identified. if that second half delivers, it could transform how the whole company is seen. regarding long suffering share holders who were expecting more from the oriole sp, i've come to the conclusion that oriole hasn't at any point yet ticked enough boxes to really stop the sp from falling. yes there are other things that oriole has done that doesn't help - change in ceo, poor pr, low insider ownership, dilution, but i do think that a good mre in mbe north is the game changer, and personally i'm ok with being miserable until - what, spring next year? tbh, i have no choice as i bought a load of top up shares at .4 and .3 something which ****ed my average up.

Investing in Oriole reminds me of when I thought it was a good idea to back early-stage biotech companies, the kind that spend years developing a drug only for the share price to collapse the moment they get FDA approval. Typically their share price would explode somewhat down the line on some fairly trivial news.

He was the ceo. How can he be frustrated, unless with himself you plank.

Yep. Exactly that HRY. Especially as Rick has already interviewed him previously!

I whole heartedly agree regarding AIM. It's painful.

That's a real shock Yankee. Nothing in your posts would have made me guess you were doing that.

8.43 to be precise