What does it take for the stock to go up..stay up26 Jan 2026 14:51
Well as GG said the stock has gone up by 40 percent in recent weeks.
But if that isn't satisfactory for eager puppies like Panda (genuine thanks for reminding everyone of .25 warrant expiry btw) - these are the following catalysts.
1. Mbe Project (The "Value Growth" Catalyst)
Continuous Drill Results (Feb–March): Results are still pending for the remainder of the 2,950m Phase 2 diamond drilling program. Today's RNS (Jan 26) was just the start; the market expects data from several more holes (including MBDD029+) to define the scale of Mbe North.
Note the program has been expanded to a 14th hole following positive visual appraisals which should add Oz's in the ground.
Maiden JORC Resource for Mbe North (Q1/Early Q2): Conversion of the "Exploration Target" (370k–605k oz) into a formal JORC Resource.
The US$1 Million Bonus Trigger (Q2): Under the BCM agreement, Oriole receives a US$1,000,000 cash payment the moment the total Mbe resource hits the 1Moz mark. With Mbe South already at 870k oz, this is widely considered a "when, not if" event for the first half of the year.
2. Bibemi Project (The "Derisking" Catalyst)
Exploitation Licence Approval (Target: Q2 2026): This is the "Big One." The company is currently in active negotiations with the Cameroonian Ministry of Mines. Moving from an exploration licence to a 25-year Mining Permit would fundamentally re-rate the company from a "junior explorer" to a "permitted developer."
Note the camerroian goverment pushed Oriole to hastily deliver a PEA "light", signalling that the licence is in the bag. This is due to the social economic importance of having strong partnerships with private companies that can generate tax revenue and local jobs.
Technical Studies/FEED (Q2): Following the PEA, the company will move toward more detailed technical work (Front-End Engineering Design) required to finalize the mine build plan.
3. Senala Project, Senegal (The "Partner" Catalyst)
Finalisation of Managem JV (Next 2–4 Months): Oriole is currently finalizing a formal Joint Venture agreement with Managem Group (a multi-billion dollar Moroccan miner). This will involve a funded work program focused on resource definition at the Faré prospect, effectively moving that project forward without Oriole spending a penny.
4. Financial & Corporate Catalysts
Warrant Cash Influx (£3m+ Potential): As the share price moves and holds above 0.36p, the next major tranche of warrants moves "into the money." Their exercise would provide a massive, non-dilutive cash injection to the balance sheet.
Legacy Asset Disposal (Ongoing): Management continues to seek "value realization" for the Muratdere (Turkey) copper project. Any sale or royalty agreement here would be an unexpected cash bonus for the market.