Member Info for DrRemington

Negotiations underway for the return of the Anza project. A placing came out the blue, to many anyway. Not sure if that £500k was for exploration or for Anza as Brad has stated both. We’ll find out very soon. The BOD have far from bathed themselves in roses here. Getting Anza back and delivering the early exploration results get the share price back moving. How it’s funded, by whom, and how long it takes to sort that is the big question. This again we should find out soon enough. From this low market cap it’s a risky one but gains could be very substantial, even in the short term.

Can’t see it going below 1p personally. Hopefully we’ll hold in the 2s. If the delays are to prevent us paying the license fees etc then I’ll gladly wait it’s better for us shareholders than waxing more money if it’s not a necessity.

Anzas coming back that a certainty. In what form and how we going to fund is the question. Whilst negotiations for getting Anza back are underway, you’d imagine logically they’d have investors of some sort lined up to finance it or what would be the point of wanting it fully back. Swiss investors were lined up in the middle of last year apparently.

Nothing really new, moving quicker than expected. Close to getting done but not too close haha, loves contradicting himself. PDAC coming up next month, wonder if the news will correspond around that. Looks like we buying MMA and I’d imagine payment will be down the line like he’s mentioned before. Percentages, Royalties, NSR.

He has his agendas, he’ll release them when he feels he wants the price to increase, most probably with a string of other news before the next raise. It’s been months since he said they’d been sent back to the lab as they seemed too good to be true with the local on site testing. But he’s also said a lot of other things that have never come to fruitition. Time will tell.

Could do with Zak Mir and Flagstaff cutting ties with Orosur the predictions couldn’t have gone any worse. Saying that you could put me in the same bracket as them! When he drops them Brazil tin assays then that’ll be the start of the good news. Perfect scenario this year would be, 100% of Anza back then a new JV funding Exploration and cash payment to Orosur. El Pantano JV with Anglo or Newmont, excellent Tin assays and sale of some of the land there, Lithium in obundance in Nigeria. Realistic scenario, Anza is close to completion, Nigeria turned out to be a PayPal scam , the lithium we found were just a couple of Duracell battery’s someone had buried and Uruguay is almost out books when we sell the last few drillbits at an auction 😃

Never said 1.7m would be enough to go hell for leather, I meant they could have raised much more and gone deeper with all three projects. Yeah cashburn is high enough. I’ll wait eagerly for the Anza news which according to T P, if we can believe them, shouldn’t be too far away. The only way we’ll avoid dilution is if we get a JV with cash payments like the previous one, possibly two JVs if Newmont and Anglo are sniffing round El Pantano and receiving all information. But dilution is part and parcel of exploration for the likes of Orosur, as long as it done and used logically then all is well.

The fact is, realistically they could go hell for leather with exploration at the three new projects and dilute regularly but they’ve not done that. They’ve held off somewhat with exploration on these until Anza gets sorted, until now anyhow and it looks like they see Nigeria as worth throwing a few quid at to get some positive results out of. The previous runs from 2p to 45p gave ample oppurtunity for profit. Like most, I’m here to see Anza resolve and exploration start. That’s when we’ll see an increase in share price. It’s 100% worth buying at 3p on the strength of that.

Yes jackbal I agree, that and more.

To be fair, I’ve been invested in other stocks, like vast, prem to name a couple and they do placings monthly. Vast for instance have had 5 since this time last year. This is the first one we’ve had for 3 years. We still have a very low amount of shares in issue. Let’s hope the new JV for Anza includes some cash to Orosur as before to prevent further dilution on regular basis. This to me just looks like a intended drop of share price, friends enter, warrants attached… £1.7m in the bank, why not use that if he’s only intending on spending £500k to get some positive news quickish. That would leave £1m or so in the bank then raise at a higher level after some positive news. Luckily it’s only 9% ish dilution. Could be worse really. I think good news will start when he drops the brazil assays which he’s been sat on like a mother Hen for about 6 months.

Well that should tie us until Anza sorted, not the end of the world and first one for 3 years. Onwards and upwards.

A lot will still have not seen this, midday RNS caught people out. I expect a decent blue day tomorrow.

Earl you are very visible. Not posted here once before the RNS came out….

Yeah absolute terrible company… a mere £7b market cap… People just instantly negative. Game changing news. Onwards and upwards.

Personally in regards to SHG, I don’t like the jurisdiction at all and I’d much rather be in Colombia than Africa. Seingred you’ve shot people down previously for comparing different jurisdictions now you are doing just that. Whatever anyone says, not many will dispute that an entry here at 4p isn’t a bargain.

‘We continue to work on the completion of the grid interconnectivity feasibility studies in collaboration with SGCC, as well as geotechnical and environmental studies, which will follow soon after, leading us into the FEED stage and future confirmation of potential off-take and financing arrangements."’

Naheedout, conveniently leaving out the rest of the paragraph?

If this happens and we are a percentage holder producing 55,000 tonnes of green hydrogen annually then the current market cap will be catapulted frighteningly.

Islesworthspy, I guarantee it doesn’t take a year, or anywhere next that duration of time.

OMI could see 10 folds from here, thirty odd pence, and £75m market cap. It’ll take every thing to fall into Orosurs favour. 100% project back, a good way of financing exploration or a new JV. GGP market cap sits at £370m, I’d be shocked to see them get their share price over £2b never mind £3b. We can all but hope, I hold both.

Yes, obviously getting 100% of the project is going to cost Orosur somewhat, hopefully in the long run, if / when the mine is built a percentage and NSR, sounds likes that’s what’s been discussed. Be interesting to see how it progresses. I’ll be grabbing some tomorrow, could see a RNS this week possibly on Brazil. Exciting times.

Can sell easily aswell, 600k in one go. 😁