Member Info for chaotic_calmness

Not long before the explosive bull market starts for gold miners. Casa director (Michael Foster) sold his last DRC project at $100+ million dollars, and this project at Akangya is on the verge of being truly monster asset of 5m-10m au oz so the valuation would also be 3x-5x of the last flip. Close to $30-35 million spent on DRC, and $10-15m spent on Slovakia. Combined cumulative PFS for both project is upwards of $250m+. Slovakia and DRC are immediate force multiplier.... Epicly undervalued....

we may disagree but it takes both yin and yang for the market to function....

Yep, I noticed those late buys in last few days - if the person/entity buying the shares is the same one, then they have probably crossed or on the verge of crossing the significant shareholding (3%>)....maybe we will come to know through TR-1 RNS ....

PM, this would definetly go up - market can be irrational longer than you can be solvent or patient.....and market also has the tendency to surprise you in a big positive way when you least expect it. Ortac Resources are at the right geographies, but were just not the right mining cycle.... As the great Buddha once said - 'Be patient - everything comes to you at the right moment.'...

2018 would be the year of Ortac Resources. It could be near 50m-100m+ market cap. At 5m au oz JORC resource, the DRC projects has an potential to bring $300 million dollar annual revenue for next 20 years. The huge capex for DRC project is recoverable under 5 years. In addition to this, we have got Zambia, Eriteria and Slovakia. All the recoverable minerals across the various geographies is worth more than $5 billion dollars and yet the market cap is $6m. This is going to open 15x-25x on opening bid eventually. Just couple of big RNSes away. DYOR

Resting before the next upward run....

And the accumulation continues....

The market may or may not agree but I am persistent. The probabilities that this going to take off is much better than it has ever been. Some significant factor that has changed in last 1-2 years: - Management changes - all big hitters (Nick Von Schirnding, Michael Foster, Brian McMaster) - Diversified miner by minerals (Gold, Copper, Cobalt) - Diversified miner by geography (Slovakia, DRC, Zambia, Eriteria) - Low float: around 335 million shares (including remainder of casa mining shareholders that are yet to buy into ortac's acquisition offer - around 15-16% remaining) - Net Present Value of Slovakian project according to last PFS (upwards of $110m+) - Net Present Value of DRC project according to last PFS (upwards of $160m+ which could actually double on the updated exploration study of Akangya east area) - Cobalt has gone above $70000 per tonne which work really well for the Zambian project of Zamsfort limited where Ortac has close to 15% stake. That mine is close to existing billion dollar mines indicating the potential of the resource size if properly executed. - And finally OTC has stake in Eritrean bound Andiamo Exploration where we have close to 19% stake. That asset has maiden JORC (oxide) of ~85,000 oz Au and ~22,000t of Cu at Yacob Dewar. Andiamo holds the Haykota Licence which is 252 square km and has several prospects for Volcanogenic Massive Sulphide (VMS) and copper-rich disseminated sulphide mineralisation, with near surface gold enrichment. What separates Ortac Resources from other junior miners is that, it is in late stages of a mining company. Two of which already has PFS done. (Slovakia, DRC) Infact if the resources double up at DRC so will the NPV of the mining project. All in all, it is massively undervalued. And I am in no hurry - the market would catch up to it eventually.

Interesting company getting accumulated by pennies for the pound basis...enjoying the ride, and hope you too as it is going to get expensive later.....

Buy right, sit tight. OTC will be north of £50m-100m market cap...life of mine revenue at Slovakia + DRC is upwards of £5+ billion. If the jorc resource at DRC does touch 10 million gold ounce with the parallel structure at Akangya east, we are talking about a monster mine whose life of mine revenue would be upwards of $12.5 billion dollars. OTC is less than 12-24 months away from the updated PFS and a potential joint venture at DRC, This one is 'EPICLY UNDERVALUED'

Quoting 2.59, outside the current bid... the demand is going up. HYR was close to 15p when it wasn't even ebitda positive - the likely potential this could hit in near term...

Yep....looks like breaking out....

It will take a while before the market see OTC from a value perspective. I think the management needs to continue working on their strategy and walk the talk, it would not matter then what price this goes.. At $25-$100 per ounce selling price, the whole of the company would be acquired for £100m-£300+m in 2-4 years timeframe....and if the gold price does break $1500-$1600 in next couple of years, then even £500m would not seem unreasonable... This is a good buy and hold multi-resource mining company. And yes non-dilutive funding is also an key factor, otherwise this would never break into double digit in terms of share price....

This one is a keeper....would unload cost price at 1p, and keep rest for buy and hold.

The share price is so low that sooner or later, this would come up on someone's acquisition radar. There aren't many junior miners in AIM with revenue potential of £5 billion + that is available for£5m. Such a good news, and the share price still is at the same place...

I agree J, could also be that MMs would sell the shares at any price knowing that they can always find the shares on discount through placements..and if that's the case then non-dilutive funding is the way forward to progress the various projects.....

Sturec - joint venture partner with right sort of local connection could bring the production quicker. sturec could also be disposed with retained royalty to bring Casa closer to production and still generate cash flow from disposed property.

The DRC asset is turning out to be a gamechanging asset! Market cap of 5m is looking really cheap for the size and quality of mining assets that Ortac Resources hold.....

BD & W7...it's not a question of if but when HYR would rise, and I can see HYR getting accumulated by funds few years down the line....I would personally like to end my accumulation when I have 1m of this....still long way to go....

Accumulation continues....