Member Info for GodofHellfire

They've been annoyingly quiet which I hope is because they've been deep in negotiations. I doubt there will be any news on the EL before the Q&A but I would expect the presentation to be a ramp of the upcoming news events and what it means for Oriole.

My hope is that there is some news on Pokor or Ndom soon because they are an eye on the future that the EL catalyst unlocks.

You can bet Ivor will tune in

ORR smashes all if it weren't for the exploitation licence

Henchking can you stop using your out of date AI LLM to respond because you're not checking what it's writing. $2400 gold market? Your model was trained in April 2024! Probably the free ChatGPT model AMIRITE?

She's a iteral saint for putting in that amount. God bless her. I hope she makes tens of millions from it

ORR will never have the jurisdiction premium that GGP had being Australia Vs Cameroon situation. Different geology and metallurgy too.

There's a value for Mbe, there's a value for the whole company and the other assets as it currently stands, and there's the unknown potential in the other CLP licences. 100 bagger would be severe, severe fomo not attached to any reality.

Going from 1.4p to 3p is a 2M ounce resource and an EL. Going from 3p to 6.6p is the gold coming out the ground at Bibemi and the other licences being drilled and coming up with MBE-style results. So a front-run to 6p+ is perfectly possible, but the reality is not a 100 bagger.

Hi. Resident ORR permabull here.

English is not making things up, there's truth it what he/she says, albeit slanted to the negative, which is fine, up to them.

It's true that ORR can't pull the gold out the ground at present either physically, financially or legally. This is the new jurisdiction risk that ORR carries and why the Exploitation Licence is the ACTUAL event.

He's also right that BCM have a current dispute in another country, but English isn't an expert on the truth from both party's points of view, so is only regurgitating what they've read in the press (which will be sensationalist the world over, it's their business model).

Right now, the only investors that can invest because of the lack of financing, a JV and the EL, will be retail who have a high tolerance for risk...hence "fomo". Rules are rules at institutionals.

So, no-one is wrong in this argument, just slanted positive or negative based on their own personal goals or desires.

According to lvl2 There's 3.5m shares waiting to buy when the next exchange time occurs...no sells

Don't judge it on the share price today. Achieving over 1m oz and open in all directions will pop up on the radar of many institutionals. Their internal rules will prevent them from investing if there's no exploitation licence. Some HNW individuals may invest earlier but they won't buy on the announcement, usually they wait for the dust to settle.

It's important to understand this price action

I've run loads of analysis on the value of this company multiple times over. The base case I ended up with was a 5 bagger minimum, and that was being pretty harsh. The best case scenario, if the whole company value was considered by an exuberant bunch of PIs, then they would anchor on that 6p broker valuation i.e 20 bagger. If there was a buyout offer rumoured with a valid exploitation licence then who knows what it could go to if there was a frenzy

You'll regret that

Someone drop the address for the King so that our CFO can drop him a visit and get our JV signed

I tried 3 brokers the other day and couldn't get a quote for more than 150k shares.

Maintain consistency but feel sorry for their democratic hopes

Dropping on good news means that traders find Oriole a sure bet to trade, because it always releases good news. It's a positive sign. The only problem is that only traders know Oriole exists

90% owned....

I'm guessing they're quiet because they are very deep in negotiations for the exploitation licence and the two JVs with BCM. Meanwhile they're moving all the rigs to the south and probably doing some servicing.

The updated MRE will be underway and that took a month last time.

It's also end-of-year accounting period. There's always a good write up from the Chair who talks directly to shareholders as a shareholder

Reading more about Ivor he's clearly a very clever and commercially astute person having built a large business, sold it and then grew further for the buyer in the following years.

This is a massive vote of confidence. He really knows his stuff.

Topped up myself again this morning

Feels like the MMs are hoovering up shares.

Ivor was definitely purchase above 5% threshold as I've been tracking ownership above that level. That type of accumulation would have been managed which means it's signalling to whoever the facilitator was that there's serious interest.

Very good sign of HNW get involved. Let's be clear though, the risks have been diminishing all the time.

Overtaken Shard as the biggest holder of shares

Why t f would a buyer suddenly sell? What a daft question