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Days, weeks, months… Same old Brad. Hopefully resolve by Q1 next year, glad he’s sticking to Orosur leading the line. A gamble at this stage, but when the inevitable comes a re-rate will be beside it. Added 11k to sons Isa. I’ll keep adding bits and bobs whilst sub 3p.
Https://www.theguardian.com/environment/2023/nov/30/the-new-scramble-for-africa-how-a-uae-sheikh-quietly-made-carbon-deals-for-forests-bigger-than-uk
Everything falling in place now.
Brad said they never asked or pressured for the $2m, that was just paid by the majors as expected. Never once did they ask for it, as they did not want to seemed to be begging or make out they required it. Brad words from the phonecall. So if he was being honest then cannot see any concessions being made.
I don’t think Orosur could have refused the $2m offered, as that would be a breach of contract? Also worth beating in mind any dilution to us also affects Newmont.
Isleworthspy,
MMA aren’t here to bring the Aptas, Pepas, Pupinos to resource, there here to test a few areas and get shut of us off the books. They tried fast tracking this and removing certain undrilled parts from the terms which in current contract have to be drilled, Agnico tryed muscling in and re-negotiating these new terms, Brad counter argued if they wanted that then we wanted something changing in our favour which he never released what it was. Loggerheads then appeared. I take it you Anza, not Apta? They will certainly sell Anza that has always been the plan, but the longer we hold on to it, the more drilling undertaken then the more value will be created. Pepas was the last place to be drilled, they drilled in the wrong direction… Brad offered his advice that he thought they were heading in the wrong direction. They wasted a fair bit of money doing this. Hence why it would be beneficial for us if the Orosur team were back in charge of exploration, this is when we saw the best results.
Gday Imp,
(I’m not Brad because I said gday break)
I’m still positive here, Anza resolve will come. The left are as good as out in the Colombian politics, the right will soon be back in charge. Many of the majors operating in Colombia downed tools due to the governments messing around and slow timing in regards of licenses etc. Smaller companies who carried on regardless appear to be fine, collective mining being one, forever appearing on MinerDecks weekly / monthly drilling highlights on there neighbouring Guyabales gold project, which also keeps throwing up substantial silver and copper. (If you’re not familiar with MinerDeck, I’d highly recommended following him on Twitter.) From current market cap I see Orosur as good value, I managed to sell a few at 7p and have been adding down here from low 2s to 3ish. I’m still underwater, as are many others though I see 2024 as regaining some traction. Field work will still be being undertaken at Anza in my opinion. When drilling restarts next year, and I’m very confident it will, then they’ll have extensive workings on we’re to drill. Hopefully Nigeria can throw out some positives as that seems to be Brads flavour of the month. The Brazil results shouldn’t be too shabby either seeing as they were so unbelievable that they had to be sent to Peru? For proper testing. Certainly down to them intially being too unbelievably high, if too low they’d have just moved on. El Pantanon results being sent to both Newmont and Anglo by request. Cash balance for now isn’t too much of an issue, though with exploration on three projects surely the BOD have something up there sleeve. Im sure that I recall Brad saying, from phone call in July, the paperwork for the formation of the new company was all but done, but constant delays as every correspondence had to be passed up the Agnico / Newmont hierarchy until reaching to main person, the Newmont one being an important player on the Newcrest deal. I’ll have to digs my notes out.
Not that I believe everything that comes out of Brads mouth but he told me they had investors lined up and waiting for Orosur exploration on Anza should MMA walk or stay on the sidelines for whatever reason. No way a flash sale of Anza comes anytime soon.
Break, I’m certain AEGOS was not Brad, I’ve scanned through his posts on many different stocks for years. He’s a geologist and seems much more in the know than just about anybody I’ve come across on these boards. In regards to you saying the board should do this and that due to breach of contract by MMA… How can they win against two giant multi billion $ companies, who have paid there way in regards to spenditure until the middle of next year. On top of that, one of which is our largest share holder. I don’t see Orosur selling Anza anytime soon. They’ll want it on the books as long as possible, not only to keep salaries safe but also until other areas have been touched upon. La Virginceta is yet to be drilled, which is the jewel in the Anza crown and initially attracted Newmont to Anza. To say only Alta and Pepas have been drilled to date and shown outstanding strike, the majority of Anza is still virgin land and amongst that virgin land are apparently the most attractive areas. There’s no way Newmont and Agnico will walk away from this Tier 1 looking asset and no way Orosur sell anytime soon. I’m hoping on exploration kicking back off by Q2-3 next year with Orosur leading the line and Agnico paying the bill. Gold price looking tasty again.
Cop 28 has 4 platinum sponsors, two of which we have MOUs with, one of them undertook and completed the feasibility study for the GH project. It appears to seem of some importance to Oracle this year. Hopefully we finally see some concrete come out of there, especially as it is in the UAE, Dubai this year. Come on Naheed, silence the doubters.
Hopefully once they secure there options they’ll actually have a interest in the share price, as currently with the amounts they hold they couldn’t give a… Positive news from any or all of the other projects will be a welcome site, throw in Anza resolve and Orosur will be back to one of the most appealing stocks on AIM. How can Brazil results be imminent before? Nigeria JV? Then news come out of there before Brazil. What ever Brad is, and there are many words, he’s got the worst timescales on plant earth. Days, weeks and months are the same in his mind.
I’m sure he’s just trying the fill the void left by Anza as talks are still ongoing. This positive initial news from Nigeria is better than zero news, in my opinion anyway. The Anza news will come but it’ll be next year.
Https://m.youtube.com/@COP28UAEOfficial
There’s the official link for the Cop 28 on YouTube. Worth keeping an eye on the videos being added on there.
24.5m buy followed by a 11m buy. Nice to see a couple chunky trades coming in.
I’ll be firing a few questions over, mainly about voting and the options. Hopefully once they’ve had their fill and stolen as many shares as they can for next to nowt then they may be happy to actually see the share price rise.
My 1.19m also showed as a sell, I think the majority were buys today looking at the prices.
On the fringes of Cop28. Some news could come out of there.
Well being born in Barnsley and a relative of Arthur Scargill I despise anything Margaret Thatcher said. I’ll go with D Ream, things can only get better.
He’s posted a couple of links to the Twitter account and few other snippets, what’s the curiosity l, due to him having Brad in his name?
Nice to see us creeping up. I only regret not adding more around 2p now, though still hold plenty. The Brazil assays which got sent back due were apparently due according a webinar from Brad, which was month or more ago now. Still consistent with missing his timelines, though this time I reckon it’s intentional and he’s going to throw pretty frequent positive news to the market and get the share price back up. Hopefully we can get up a good few pence before we hear news on Anza. Nigeria looking like it’s going to be leading the line. Wouldn’t be surprised to see a few directors buys once Brazil assays released, that’s the least they can do. Hoping the worst is now behind us, we have exploration, if somewhat minor, in Brazil, Argentina and Nigeria. I feel 2024 could be a rewarding year here, especially for those who’ve managed to accumulate down at these low levels, it may take a tad more for those of us with higher averages. Good old long term holders.
I know of two wives with the names Nick and Thomas, not sure what they bring to the relationship. I’m yet to see anything.
Still one of the most irritating things here, the board have all this vision for the future of the company, bringing on these so called exciting, potentially great assets, yet I still own double what both Louis Castro and Brad George combined own… Brad has previously plead poverty saying he’s not a rich man, yet he has a substantial salary from Orosur and then also through his other company Total Earth Solutions. There holdings are in no other words, pathetic.