Member Info for GodofHellfire

There are 152m warrants outstanding that expire in January.

If they choose to exercise them the shares get created and then are commonly immediately sold. That's why there aren't an equal amount of buys to sells.

It also means dilution which holds down the price.

The warrants expire in January so they must be excised on news.

It does mean new capital for Oriole though and less overhang, so it's a positive situation. It's just another thing that *should* help the share price from here forward

Pretty certain it's the warrants clearing out. They might see this as the main catalyst before their January expiry. It funds ORR a little and gets them out the way. So keep an eye on the coming days

Makes perfect sense if it's warrants being cleared out. Good idea!

Remember the 3 catalysts.

1. MRE v1 - tick and expandable (onto MBE N now...)

2. Mining licence - imminent

3. JV/Buyout - any time

Monetary constraints - funded

The MRE de-risks the entire thesis about a district scale resource.

If there's a buyout announcement and you're not in, you'll miss the true value which is upwards of £75m

This is how the system works now. Because the trades are matchedat set times, rather than live pricing, it stops the volatility. What we should see now is a more sustained rise over the coming days and weeks and not the face ripping ups and downs. Its a good thing. Hold the line 😁

Https://www.proactiveinvestors.com/companies/news/1080772/oriole-resources-ceo-on-mbe-maiden-mre-900000-oz-gold-find.html

That's a conservative research note is based on a gold price of $3200. The fact gold is over $4 and still climbing means that their margin increases quite considerably

BSR. Facts matter. It's only 9am.

BSR hahahahhahahahahahaha quick sell before you lose all your money!!!

This MRE alone values ORR at over £40m or 1p. Add in Mbe N, Senala and Bibemi and Oriole's value is £68m or 1.7p. And this ignores the fact that Mbe N will easily take this MRE closer to 1.5m oz.

Absolutely bang on!! Hurrah

I've never been more sure about anything. The country makes zero out of gold at the moment, so getting it out of the ground at $4k an ounce that will create a new engine for growth, it's such a no brainer it hurts

In terms of rare earth's, they're not actually rare, it's the processing capability that is. Western countries can't viably process it because it's too expensive, so I don't think that's going to work out. Maybe a climb on sentiment but there won't be profit in it. China knows this and that's why they've used it as their Ace card.

Btw I think AI and tech will come back, probably quicker than we expect, but it won't be quick if money has been wiped out on a global scale, it will take quite some time for money to be available if printing isn't available

Sorry for the typos

I work in tech and AI so I saw the problems with the sector quite a while ago. I've ridden it up by I'm a bit scared now so I've rotated.

The thing is, if there's a drawdown in tech, everything collapses because it's tech holding everything up. I think will power everything on an on until then NGS get noisy about lack of return for companies using AI tech. I think the drop will be sentiment based initially.

A collapse in tech would cause a cascade because countries are too saddled with debt (US, UK, France, Italy, Japan). They won't be able to print because it would cause inflation. Inflation kills everything so another kicker for the stock market.

Then you have the problem that inflation and printing will cause a flight out of bonds because it increases their debt which is already unsustainable. A flight out of bonds would cause a sovereign debt crisis in any or all of those countries, eventually happening to the US and collapse the hegemony.

I genuinely think Trump and Bessant know this and are actively trying to cause it to happen so that they can cause a monetary reset but backing stablecoins (notice how Trump's family have positioned themselves) with US commodities, short term bonds, land and gold. I think they'd also take the opportunity to reprice gold.

Trump could then use this new highly backed stablecoin as a convertible bargaining chip, converting allies dollars and leaving enemies weaker by letting their dollar reserves inflate away along with their debt, thereby solving the debt entirely and keeping them the most powerful country.

Perhaps in the end there will be the remimbi, euro and stablecoin dollar.

The flight out of the dollar into gold means this is already in play. It's not a bubble, it's a strategic movement out of fiat, which makes perfect sense because we all know governments can't stay in power AND aggressively cut spending and raise taxes for years to solve it. It's a one way train.

So, I'm positioning with dry powder to short on the way down and buy at the bottom. But I'll be buying hard assets because when we hit the bottom and inflation picks up and job losses mount, the reset will be triggered and I wouldn't want to be in dollar denominated assets because they could get hyperinflated away.

Sounds dramatic but I think we're in a 2001 like bubble with 1929 undercurrent

AI is going to collapse so you'd have to wait for the financial reset it will cause before AI picks up again....maybe a decade later ;) All the existing chips will be out of date in 4 years so you'll probably have to scrap them and start again.

Like in Ireland when they built all those ghost towns that still no-one lives in.

Better hope inflation doesn't increase with lower interest rates. Gold is a signal for lower purchasing power of fiat money and if inflation kicks in, there's a horrific collapse that can't be printed out of

Go down that rabbit hole

What's going to fix it? Global austerity? Sure