Member Info for exiledsaint2

Gone ex-divi today, hence the drop.

Plus if you pick them up today you get the divi. Could be in a much different place in a years time.

It has been strongly hinted in the budget that Rachael from Accounts will greatly increase taxes on this industry. Profit is a dirty word for Labour and all companies and individuals should be milked....

The other plus side of leaving the UK and going non tax resident, is you can buy UK shares and pay no CGT or Income tax depending on which jurisdiction you are in. Another loss to the UK

Indeed. Wanted to add some more a month ago, but looks like I missed the boat now. IMO should be around 10 as fair value.

Yes indeed. Good results but the share price barely moves. Very strange

Https://wp-orioleresources-2020.s3.eu-west-2.amazonaws.com/media/2025/05/Greenwood-ORR-13-05-2025.pdf

It seems you have your wish of below 34.....

I doubt that, but worth picking up a few this morning as they are making some progress

You would think after the 20 year US stock market rise and especially the boom in the magnificent 7, then US funds staring at the Trump Slump, would be interested in a company like LGEN. A good place to park your money and get a near 9% return each year, while US and other markets are volatile. It is also better than being in cash.

And then down 3.5% today. No rhyme or reason to this share currently. You would expect fair value somewhere near £10.....

I guess the issue is this. With Labour sending the UK into recession, which shares will offer capital growth of more than 10% over the next year? Trying to find them is not easy, but with MNG you get near 10% div each year. Ditto LGEN. It may not be exciting, but it’s real money and more than inflation

At a nearly 10% yield at this price, what is not to like. At least double what you would get from the best savings account and a steady, boring business. You would expect the share price to rise in 2025 and drive the yield down, but even at 7/8% in a world where interest rates will now fall quickly, that is still a good deal.

I guess it depends on what price you bought in at. This share has good upside potential over the next two years

It seems the Chancellor is financially illiterate. The NI charges will not affect working people, of course not they will not have a job so the company does have to pay it.

Once the share gets back to 2.20p, then it is worth going in.

Certainly seems to the share to be in, in the fttse 100

Only so much regulation they can do in the UK and ENT has diversified overseas into growing markets. I'd be more worried if I had a pension in the UK, a house, or savings in the bank as they are easy targets for Labour to tax.

Not directly related to ORR, but it seems progress is being made in Cameroon.

https://www.linkedin.com/posts/oriole-resources-plc_mining-convention-for-minim-martap-bauxite-activity-7226191059339354112-z1WQ?utm_source=share&utm_medium=member_desktop

I am surprised with these results it is not up more this morning.

And T20 World Cup as well.