Member Info for GodofHellfire

They have a stand at a mining investment conference in London booked in too

Https://wp-orioleresources-2020.s3.eu-west-2.amazonaws.com/media/2024/05/CEO-Company-Introduction.mp4?_=1

Lovely

For those in the know, does this conclude the Turkey legacy stuff or is there some interest still outstanding?

Progress being made on the Lithium deposit....

https://www.linkedin.com/posts/oriole-resources-plc_orr-cameroon-lithium-activity-7198604687384739842-qe9N?utm_source=share&utm_medium=member_android

It's not genuine volume. Look at the size of the trades. It's bonkers that MMs need to stimulate so much even if it takes the share price up a large amount. Something is going on. They need shares to be sold. Hold tight

I've not know so many small stimulation buys over this many days that results in a shared price move this much. This is some strong intention/reason behind that.

Isn't it perfectly feasible that Orr have managed to get funds from elsewhere to pay off Lanstead i.e a sale is Senala, further deals or some movement on Turkey. All those things could create enough spare cash to allow a buyout no?

It's fake news. Piddly stimulus buys. No volume

If there are great results then we can expect people to take profits during the newsless wet season

There's some MM stimulation going on here. Lots of tiny buys. Trying to encourage some activity. Big order perhaps? Some news coming?

They often release RNS updates on Mondays and the often follow a random needless flurry on a Friday...

I think it's a given that he will buy in. There's absolutely no chance the rest of the leadership and board would have skin in the game and not the CEO. Whether he believes in it or not at this point, there'll be a lingering expectation. The question is just whether he has the liquid cash to invest right now or not

P.s like how this is getting cheaper again so we can top up

Judging by his skillset he seems much closer aligned to where Oriole is right now and what it needs to "exploit". Also, the fact that Eileen had to use her contacts and the "exploration" phase has moved on and a relevant replacement was found so quickly, this feels like the board has made the decision based on what Oriole needs right now.

Whatever Tim goes off to do, I hope he stays in touch and maybe he can sell us something else he finds that we can "exploit" in the future.

So do we get him a leaving card? Not up to speed on the shareholder etiquette in such matters haha

I like the optimism but it's never good for a company stock when a CEO resigns and it takes some time for a CEO to build respect and trust. We're lucky to have Eileen otherwise there would be wild speculation to his reasons for leaving when HIS project is supposed to be at the most exciting stage.

Maybe he feels his job is done and just wants to be a shareholder. Either way, this is going down for a bit

2.4m a day.

So 300m in 6 months. 150m a quarter. 50m a month. 12m a week for the next 56 weeks

Sounds pretty logical that they are gaming it by putting in one massive order a quarter and only reporting once that's completed, as per the rules.

They wouldn't be in business long if they were doing something illegal so incredibly public. Clearly this is the loophole and it sounds like we have to accept it.

Hawaii

If we go by your understanding, my view on why they would have sold a number of shares early on is because they are probably balancing their books and the risk. If I was them I would be selling more shares if the share price was higher than at the start, to ensure there is money available to pay Oriole. AIM is so wild in its ups and downs I'd be making sure I stayed the right side of the share price to meet my obligations and make a profit. So selling as much as possible when you're in a good price range seems sensible from a profit and balance sheet perspective because they are managing their exposure to risk of it going down. So, all the while it's higher, and staying higher, I'd be expecting them to cut the losses in an emotionless way. If it goes up further, I'd probably ramp up selling even more. This is all on the assumption that they are trading to make a profit on the share price.

Saying all this, the counter process (which is how I thought it worked) is that they don't care what the price is and they just sell the same each month and it is what it is. If it's low, Oriole and Lansted get less, if its high they both get more. Otherwise at what price would Landsted be paying them an amount each month???