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Interestingthe new presentation today shows the focus is now on Cameroon, where before it was Dalafin/Senegal. 'Selection and acquisition of licences to consolidate first mover advantage'
I think this will be next news - new licenses.
Bibemi results, Wapouzi results, Boto Mine licence decision mid year, Madina Bafe/Saroudi drill results, RNS machine will be busy soon.
Chesterfield RNS 30/4/19. David Hall, one of our directors, has decided not to stand for re-election this year. David is involved in a number of different junior resource projects, both listed and unlisted. Having helped shape our venture in Cyprus, he has now found many demands on his busy schedule. We would like to thank him for his hard work and wish him the best of luck.
Hopefully it’s an unlisted resource project, which could be soon listed, which is putting demands on his busy schedule. lol
Tim Livesey at the Mining Capital Conference, talks about the extra hurdles you have to jump to get a major into a new frontier. He knows this from experience, having taken Barrick into Romania and Pakistan. He knows what it will take to get a major into Cameroon. I feel his experience is key, and the boxes will be ticked, one by one. Gut feeling is that he will pick up more licences in Cameroon soon.
I have 4.4m of these. didnt sell a single one today. I am waiting the IAMGOLD outcome on the Dalafin licence, whenever that may be. Into 2nd year and currently drilling rest of Madina Bafe and Saroudia. Looking forward to results Q2/3
I would have thought it is worth much much more than current value, but there are obviously some happy to sell here. Personally I have a renewed optimism here this week. I didnt realise our CEO is Chairman at Minexia, which could prove to be a more healthy source of funding when needed. TSR apparently listing Q2. I have been slowly accumulating.
did you use Canadian dollar, not US?
Whatever the value, it will be far more than the current Orr market cap. It would not surprise me to see a 100-200% gain one of these days. More if IAMGOLD buy Dalafin licence.