RE: GOLD29 Jan 2021 16:13
Having an extra project on the plate that has some real potential is a bonus. I am happy that ORCP is chasing new areas and added potentials. But two things are really bothering me yet:
1- The recent news about Naheed buying a huge amount of shares was brilliant and quite assuring, but who did she buy from? Why they lost interest and sold? What about the other angles such as HH interests? what is he going to do after the self-lock in period? Could ORCP give us some form of assurance?
2- The fact that since the last August deadline for the LOI, nobody has any idea about the issuance of LOI is bothering. The only good news was the added potential for THar VI to be converted to Gas and fertilizers, but no commitment whatsoever.
If Naheed is confident about the issuance of the LOI, why doesn't she give us a new deadline?
I personally, would like to see a real commitment to the LOI issuance and some assurance from the HH commitment going forward, and then I will significantly increase my holding to the previous level back in July August last year.