Member Info for DrRemington

You have a large holding here with a 20p average, say 500k plus? That's what i'd deem a large holding. So £100k plus invested, yet have only turned up while these negotiations are underway. You thought the licenses were going to expire but was only 20 years out....

'Money is running out and so is options'

'So what will happen'

Either the deal will be done or it won't. There's a possibility of more dilution to fund a drilling campaign, either in Colombia if / when the deal completes or Argentina. Warrants at 4.5p = £700k..

Why you'd even mention de-listing.. Utter BullS.

'There will be no further work anywhere if this goes on another couple of months. Why would they? There happy to sit and wait they have no skin in the game so whilst getting paid they will just sit on their hands in the basement.'

Why wouldn't they start work? There's staff on Anza and Argentina's winter is coming to an end. Delays are down to lawyers and mis judgement of timescales. Nothing else.

And if you really think they are going to sit idle and take all the cash as salary and turn the lights off then why not sell? Your here day in day out saying the same tripe. You could have sold in the 5s,4s,3s and now 2s. If the lights are getting switched off and you genuinely think they are going to de-list then why you still sat on your 'large holding'

Johnstoneo, you are deluded. You are 100% here just to scaremonger, i highly doubt you even hold. As if they'd delist. Do you know how many different projects Orosur even have. Your knowledge seems very limited beyond Brad being a lier. You have a large holding here with a 20p average, say 500k plus? That's what i'd deem a large holding. So £100k plus invested, yet have only turned up while these negotiations are underway. You thought the licenses were going to expire but was only 20 years out....

'Money is running out and so is options'

'So what will happen'

Either the deal will be done or it won't. There's a possibility of more dilution to fund a drilling campaign, either in Colombia if / when the deal completes or Argentina. Warrants at 4.5p = £700k..

Why you'd even mention de-listing.. Utter BullS.

Frightening mate, where’s he moor it, Port Adriano? I know the best-spots there on the back wall there are 250k a year. 5k a week before you’ve even started, crackers. I spend a fair bit of time over and there and hoping to move there permanently. If he’s got anything smaller like a lilo for sale let me know. Regards

‘Considered all scenarios and happy to be here happy to keep adding. Wouldn't be here if all these scenarios scared me. I would instead be investing in producers and mid caps and not in the junior space.’

That sums it up nicely to be fair, this is high risk, nothings a given… I find it odd people waste a lot of time here and are not even invested. Now that’s ludicrous.

😂😂😂 Imp, it cannot sink if it is yet to taste the high seas.

Jackbal, do you think they went to acquire Anza without zero thought on how they are going to fund drilling there, Argentina and even Nigeria?

One does not acquire a yacht without taking into account mooring fees, maintenance, fuel etc.

His goody bag is packed to the rafters.

Bgeorge@orosur.ca

Yeah, regular contact with him between a few of us.

I am now looking beyond the day to day share price, which Brad has said to me numerous times. The deal taking so long is down to ironing out some bits that could cause an issue further down the line if / when exploration is successful. What it has given, obviously minus any dilution, is an excellent opportunity to add stock at a very low share price. Frustrating times with the delays, well it is for some I’m not concerned in the slightest, but look well ahead and I see a very bright light at the end of the tunnel. Good luck all.

I don’t think it would have been as easy as that though or they would have done it.

If they had done that, all RNSs would still have gone through the majors and they’d have still dictated everything.

May I ask if you were here before Agnico joined Newmont?

Even longer went by with Newmont on board and zero exploration, they just paid there requirements and Orosur did nothing then so why would they now?

BT do you really think / want Orosur to go down a legal dispute with two of the largest gold miners on the planet, one of which is our largest single shareholder. What do you think would happen to the share price if it got announced legal action was being taken? I’d personally bail instantly, even at a huge loss. They could and would drag it out years and slowly constrict us. In my opinion anyway.

99.5%, that’s basically saying a guarantee but there’s always that 0.5% chance of something like Covid, Colombia turmoil, putin to invade South America… There’s not many certainty’s in life, I know of only 3. Gold moving quicker than l thought it would rob. I wonder if the Oz in the ground price will get re evaluated by the analysts and the like.

Record highs again, beautiful to see.

You speak for yourself Johnstoneo, other people do keep in touch with the company and are kept up to date. If you chose not to for any reason then that is your issue. There's permanent feet on the ground at Anza, enough said.

Yes let’s get this drilling underway, we know what a monster Anza is, that’s why we’re all here everyday. Some all day every day. Speaks volumes. Especially like other days when deep in other stocks and spend majority time here… Anza will be the real deal.

Yes isleworth, this was highlighted in the telegram group also by Chicken and ST. Good to see some people actually do read the RNSs in depth.

I’m sure Johnstoneo may put a negative spin on it somehow, over to you sir.

Where’s talk of a new JV come from? Do you mean in regards to Agnico, a totally new deal with solely them? Or a renewed JV with Agnico / Newmont? They are tied to this JV, end of. They’ll be no renewed JV with worse terms for Orosur.

If the deal falls through, which means they want to stick to the contractual agreement, then they are obviously going to financially back Orosur to lead exploration again, they’ve some spending to do to catch up with the terms of the agreement.

But, I think it’ll come through and it’s just odds and sods need sorting. Come be a week it could be two month who knows. But it’ll be worth the wait, in my opinion.

Who said double you money. 'Holding' You could have doubled your holding from the high 5s if you'd sold is what i said. I've not done this as i see the update coming out of the blue and i'm far from super negative like you are.

'Brad will just keep stringing this along and you can’t see that until he comes face to face with u and says it hasn’t worked out. It’s mental you can’t see that.'

Well do yourself and me a favour and sell then???? Are you that stupid you think it's coming to that and your willing to keep hold of your 'large holding'

How many is it that you hold, if you don't mind me asking?

Johnsoneo, a sane man whose be calling this down from 5.5p would have sold. Then he could have rebought and doubled his holding. You did not do that.

You held because you know as well as anyone the update will come out of the blue and huge gains would be had.

RE: Licences9 Aug 2024 11:42

Wouldn’t be surprised if they expire and newmont just buy them. Looks to be the way it’s going

Ah ok, check your post history Johnstone’s. I’m guessing more than one person uses the account then? Or you’re planning on staying here another 18year until they expire.

In regards to dilution, yes Rob the majority of AIM stocks have billions, some are at it quarterly. OMI has done just 2 raises in over 3 and a half years. Obviously times have now changed as we don’t have the majors picking up the tab for exploration.

Comparing this currently to the purchase of a property in the UK, I’ve known them take 6 weeks and I’ve seen them take 6 months. When numerous lawyers / solicitors / parties are involved then a time scale is unpredictable. Brad was very naive releasing specific times to the market, now he looks silly to say the least. He's extremely frustrated also. Though anyone who’s been invested here long enough will surely now be used to delays and long drawn out time between news. Colombia updates when numerous rigs were on the ground had many months between them. If newly invested here the welcome to AIM, welcome to mining exploration.