Member Info for GoldGeezer

It’s also BS bid.

0.3611

Someone just brought £10k. Not a small punt.

Perhaps the opposite. Nothing worth winding up, just hindsight and regret.

I don’t trust the price at 0.35-0.38. It’s 0.36-0.38, however this is a very strong technical buy signal. It’s above the warrants exercise price.

I suspect even positive step out drill news, or CLP soil samples will clear the next hurdle 0.4p

MMs want stock - L2 shows

But where did you get the rumor of the rumour?

Your message is a rumor of a rumour. You are extremely credible

I totally agree but have merely tried to highlight that an extreme level of dilution vs added value from funds raised.

Even that is a very positive outcome.

ORR have multiple potential revenue windfalls and streams - Jorc bonus, marble, warrants and non Cameroonian sales / NSR deals. Not like the Fed and spend spend spending! They are being smart by slowly adding value through selective drilling, whilst negotiating finance and the license.

However, assume all finance options fail and they have to quadruple the shares to 20B but get the license. The funds raised to do this would achieve two things. Double their share of JORC across the district, plus raise the in the ground resource value from US$15 per ounce to at least US$100. Maybe US$100-200.

So 0.36p / 4 = 0.09p “dilution”

0.09p x doubling of JORC = 0.18p “resource growth”

0.18p x 6.6 = 1.188p “increase value in the ground due to derisk”

Personally I believe one or more of the non dilutive options will come good, so do the maths!!

If there’s no dilution (except the warrants), it’s an approximate 10 bagger)

Excellent post. Much appreciated

0.35 fake news

So …… the UT was irrelevant and has had zero impact?

Let’s discuss the fundamentals

NTTL - speak to your broker now about L2. It’s very bullish.

Odd that the news of a positive first drill hole, hasn’t excited the market!!

Oh well patience required despite the story getting better and better.

Hindsight will be crystal clear when it’s 2p and everyone’s kicking themselves

Agreed

Nice steady progress with a strategy to mitigate dilution.

Pathway to a multi million ounce asset without dilution with exploitation license. Then the big boys will be lining up to farm into the CLP.

Asset value per bounce could be $100 with say 2.5M ounces attributable = $250M MCAP or 12p

Limpy - you are obviously worried. About a rise, not a drop. Lonely and sad?

Well said Sir

Lazy, wrong and stupid. Nice post!

Care to be specific?

Nothing not to like in the interview or the potential.

You are extremely sad & pointless

It’s auction mechanics at close. Ignore it FFS.