Member Info for GoldGeezer

License failure fatigue has over taken gold price hysteria.

True pre license award value is circa 80p with 50p cash. 150p on award prior to the cash growth, so maybe 175p.

With the deadline nearly within 1/ months, I’ll not consider a long above 80p

It’s not free but is good value for successful investors.

A waste of money for you.

Much appreciated

Good call BIKWIK, do you have a TA opinion on the three year chart. We appear to be at a multiple low point. TA and fundamentals support a rise above 0.6p very quickly.

MM fighting, price agreement, news expected.

I suspect good news tomorrow, following the exercising today.

The mining authorities in Cameroon are very pro foreign companies, as they have well structured licenses with 10% free carry for the State plus control of gold sales.

It’s a win win. The incumbent PM is for it and also the main opposition. Nothing will change.

In addition to other positives, it’s clear a raise isn’t coming, nor concerns any election protests will delay the licensing.

Early exercising of warrants is a positive signal.

Be nice if the remaining 152M weee done, however, still positive.

It’s found loads and open in all directions. Got a USD20M asset in Senegal alone!!!!

Silly price and silly you!!!

The margins remain very large, despite the drop, it’s the failure to secure the license that’s concerning the most. Hopefully they’ll succeed in 2026 after 6 years of failure?

https://*********************/media/oriole-resources-kefi-gold-and-copper-atlantic-lithium-acg-metals-tertiary-minerals-resources-sector-week-in-review/id/25497

Rubbish

The CEO can’t control the market but can control the business fundamentals. He’s doing a wonderful job!!

PS - ORRs 49% stake in Senegal is worth more than their entire MCAP!!!!

They are a little snookered with negotiations, however the three likely outcomes are all good!!! We are told the deal is nearly done.

We might very quickly see these funds used to explore more the virgin CLP areas. I’d like to see another farm in with BCM but jointly funded so for less equity. Why reinvent the wheel!!

Yankee - you are out of your depth. The mine is 90% owned by ORR, BCM have an earn in right to up to 50%. They’ve not fully funded the exploration ~ circa 30% & 70% more free exploration. That said, I doubt ORR have the right to suspend the full extent of the earn-in, so if an offer from a third party came in, BCM would be round the table to agree the terms for their future rights. They CAN NOT however drive the structure and force ORR to dilute with them, or sell to them.

A good deal is one that suits all parties. BCM have backed ORR and deserve to share the fruits of- they”ll actually be entitled to 50%, whereas ORR 40%, however, the rest of the CLP is 90% ORRs (everything 10% state ones). ORR can dilute with BCM or another, for the development & production, on Mbe and / Bibeme, to generate cash to independently explore the rest of their CLP licensed areas.

Many but less than 50% were sales. 33.56-33.68 were sales, shown as blue.

That’s some chunky buys - 5M today alone.

What’s your holding???

2:58pm

News is not necessarily required, just a lack of stock from the MMs. If this buying carries on they’ll raise.

Keep up and don’t give up 🤭

Confused.com here Pal, despite “keeping up” with Cekim, who claims to have totally given up! Does that mean sold? I’d sell, if I’d given up!

Buying all morning but no change.