Soil Samples20 Feb 2026 14:25
ORR have an efficient ops, generally delivering everything, that’s under their control, on time.
Senegal, Turkey & the license are in the hands of third parties
For this reason I have a hunch the preliminary / partial soil sample results will drop next week.
Imagine the scenario of;
Feb / March - positive soil samples suggesting additional Mbe’s in 100% owned fields;
April - additional 500k JORC
June - Exploitation License
June / July - step out drilling proving the field is multiples of todays indicated, perhaps remaining open in all directions. N & S Mbe connected.
Before July - Sale of Senegal, dilution for free carry or exchange for NSR infinitum revenues
As above for Turkey
ORR would then have a + 1M (taking 50% dilution) JORC, multi million ~ 10M likely potential growth, licensed to produce plus Turkey & Senegal revenue operation.
As the MCAP rockets, timely placements and addition farm-ins could drastically reduce the ultimate dilution of a USD1B entity.